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.
Imbalance
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)
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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 ......
GBPUSD Short - 15M Imbalance and 50% Fib Retracement - RR 1:30Hey guys
Please give me some feedback, I would much appreciate it
- Price broke weekly key level then rejected down
- Price showed indication of distribution
- Looking at divergence on the 1hr timeframe signifying down trend
- Break to the downside of rising wedge
- Imbalance candle on 15m timeframe lined up with 50% fib retracement.
If you feel the same or disagree with me, please share your analysis with me!
Possible Election Rally “if _______ wins?”Price has retested the average price of the bullish orderblock on the daily timeframe.
Higher Low’s being formed on the 4Hr timeframe along with a liquidity tag show signs of bears loosing control. Which is starting to create an imbalance favoring the bulls.
🎯: Untested bearish orderblock off the daily.
::: Election :::
We could see a crazy rally and a major sell-off tomorrow/Wednesday. It all depends on rather Dems or Reps win on the overall outcome. Though with the Election Day we could see whipsaws in price due to the ballot intake this year.
XAU/USD LONGPrice is pulling back to a 15 minute order block (refined to 5 minute). I am looking for price to retrace and go long to fill previous imbalance marked as the outlined box. I then used fib golden zone to add extra confluence.
This is my first time trading XAU/USD so we'll see how it goes!
Xau/usd gold longPrice is pulling back to a 15 minute order block (also refined to 5 minute). I am then looking for price to retrace and fill in imbalance marked up as the outlined square. I also used fib (golden zone) for extra confluence.
I am not usually a gold trader this is my firdt ever gold markup so we'll see how it goes!
USDCAD Sell off Continuation - Institutional TradingLooking for a sell for the sell off continuation.
Market is maintaining structure and Im expecting a retracement all the way to the open of the 1h Open.
Since we did not have the "bottom" yet analysis can change depending on the duration of the extension to the down side.