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Imbalance

GBPUSD LongsGBPUSD high & low timeframes are providing a potential long position for the coming week. What we have here is a market that is trapped between two large psychological levels - 1.4100 & 1.3800. From a bounce at 1.3800 the market has been shifting direction from downside to upside with its momentum and a lot of liquidity sitting above 1.4000 could draw prices higher this week. I am looking for the market to move over 1.4000 and potentially push an additional 100 pips into 1.41000. Right now I am focusing on the demand zone & key level 1.38750 for my entry zone to bring this market higher. Trade safe & manage risk as always.
Long
by jeafxtrading
3
GOLD Swing Long Trade | Next Stop 1950?Gold is providing a potential swing long trade setup towards some Daily key levels. I a seeing potential here for the Precious Metal to make a significant move higher towards $1925 & $195 in the medium-term. As you can see on the Daily chart, Gold formed a strong bounce from the $1810-$1815 demand zone printing a large wick and indicating that buying pressure is strong within that zone. From the bounce the market formed an accumulation phase and a bullish break of structure confirming the formation of new bullish orders. The commodity is now trading within the boundaries of the accumulation range and I expect it to move slightly lower before providing an opportunity to buy. For my entry targets I am primarily focused on the 4H demand zone at $1828, but the doors are open for price to trade once again into the $1810-$1815 demand zone, so no entry should be rushed. As traders we are here to REACT not PREDICT so the best course of action for this Gold swing trade will be to wait patiently for 4H confirmations adopting a 'top-down' approach to the market at $1828. If no confirmations form you can continue to wait until the market gives you something to work with back in the $1810-$1815 range. For my targets I am looking towards the $1925 Daily supply zone & Key Level, and the $1950 major resistance. I see precious metals moving considerably higher long term, but for this swing long 100% of my profits will be taken at the $1950 level. As always, be patient, manage risk & trade logically.
OANDA:XAUUSDLong
by jeafxtrading
XAUUSD SHORTPrice broke the previous uptrend without retesting aiming the previous support liquidity area, leaving an imbalance at 1906-1895. After a period of consolidation price created a downtrend formed a new trend liquidity which then were swept by a single instututional candle before creating the recover of the previous break. Now price is going to the imbalance area meanwhile retesting the break. I would not enter below 1970 for a sell as soon as the price arrives there, but would wait for everyone to enter on a sell and expect price to do the contrary, creating a stophunt. So basically i would enter only after this scenario.
OANDA:XAUUSD
by Crifx
3
AUDUSD - Institutional Liquidity - Understand the WhyImagine understanding how to execute with precision? Imagine understanding the Why behind the markets.... Liquidity, Footprints, Level ll which is all considered within the framework of 'smart money concepts' December is traditionally known for the lack of liquidity and reduced volume in turn which causes increased volatility. Traditionally many including myself trade less throughout December and I tend to wrap my trading up around The second week of the month to spend time with my family, friends and loved ones. As we all know from an institutional stand point the seasonal holiday tends to be the month many take off to do the same but other than the above do you ever wonder why? ...... Bonus Month. PnL on institutions books are calculated for the year end and of course subjective to performance the portfolio manager & team are paid in accordance with the 'Net ROI (Factoring in either the hurdle rate or the watermark) Now the above is somewhat irrelevant but it's important to understand the Why..... So lets now take a look at understanding the Why behind this AUD/USD Short on 28th December 2020 at 08:44am shortly after the London/European open, But, first here are the performance metrics and values; Percentage ROI: +15.87% Initial Risk: 1% (factoring in RT Commissions) Stop Loss: 3 Pips Drawdown: 0.9 Pips Trade Duration: 7 Hours (Trade hit TP2 @ 15:46 UK GMT) ____________________ So lets take a look at the trade Breakdown Weekly Timeframe: The Weekly going back to 2001 has since been in a bullish uptrend, creating Higher Highs & Higher Lows until 2014 after it printed a Lower Low and failed to purge liquidity and create a Higher High. Price continued to create Lower Highs and Lowers Lows, Building Liquidity on it's way down. In March 2016 we Broke Major structure to the downside and printing a new structurally significant Low, Taking Liquidity. to allow for a Push to the upside, lifting offers, seeking the Institutional level & footprint which was yet to be 'Mitigated' from May / June 2018. Daily Chart: Price as we can see on the Daily timeframe is extremely efficient within the market structure & sub-structure. Building & Creating Liquidity to be targeted / purged and swept ! 1Hour: On December 21st 2020 we gapped down with intent and momentum creating multiple Breaks of structure to the downside, then correctively over the next 6 days moved back up to not only fill gap liquidity but tap into the Order Block left, Seen clearly..... Which was the beginning of our short trade ......
Short
by Phantom_Trading
12