Innercircletrader
AUDUSD - Bullish Outlook (ICT)Here is my outlook on AUDUSD.
Price recently got rejected at a Monthly Bisi which is also a Weekly Orderblock, and started to shape some up movement. My bias for this to continue is that buyside trendline liquidity residing above, coupled with the significance of a higher timeframe Discount Array. On the lower timeframes there is more buyside liquidity engineered on the way up, along with some whipsawing price action which signifies to me a shakeout before displacing to the upside.
This is just a prediction. Price can very well make another low first to around the 0.6425 level first, and if it does that and displaces one more time back to the upside, I will feel very confident in that narrative.
- R2F
EURUSD - Short Trade IdeaBearish trade idea on EURUSD.
The next DOL/Target from my point of view is the REQLs below 1.0795 at the first objective.
My POI to look for a short is within the 12h Sibi residing not too far away which is also a Unicorn setup. There is news on Tuesday, either to initiate the manipulation and reversal, or continuation of the reversal that will happen today (Monday, 25th March 2024). This is what I am anticipating and will wait for price to show evidence of a reversal before initiating a short.
- R2F
This Completing Transformed My Trading (RESPECT & DISRESPECT)The idea of RESPECT and DISRESPECT completely transformed my ability to effectively read price action and trade profitably.
ICT teaches about Premium/Discount (PD) Arrays. There is a lot of bickering and debate as to which of these PD Arrays are better.
I'm here to build a case for the idea that they are all equally effective, and are just reference points on a chart to build a trade idea around.
To me, it boils down to: Which levels are being RESPECTED or DISRESPECTED?
That's it for me, that's what made it all click. That is what helped me stop worrying about every little level on the chart.
Once you have a high time frame (HTF) narrative and draw on liquidity (DOL), you know which PD arrays you want to see respected and disrespected. Coming up with your HTF Narrative is also based around what levels are being RESPECTED or DISRESPECTED.
I hope this video can give you an a-ha moment like it did for me.
XAUUSD │GOLD BULLS OR BEARS WHO WILL WIN? We continued to see that bull strength throughout the week. If the daily timeframe trend stays true, we will see price break the all-time high eventually but it is not resistance free rallying. We just tapped into a supply zone that caused a meltdown of 5%. Therefore, this psychological level will probably see some fighting between bulls and bears before it is broken. However, keep in the back of your mind that the four-hour timeframe is still bullish, just because we tapping into that strong zone doesn’t necessarily mean sell off, we will look to trade the pullback but will not assume a reversal until a break of four hour strong lows.
The 15 minute timeframe is still bullish I have yet to see a change of character but the candles printing are indicative of a pullback so we will monitor to see if prices indicates whether it wants to reverse or if it is just correcting before the next leg up.
The 5-minute timeframe is also still bullish but is printing lower highs while maintaining the high low, which is also indicative of a correction. I will need to see a break of structure lows to consider trading the pullback.
Final Thoughts
The big boys are net short on GOLD according to the COT data but a combined non-reportable, non-commercial and commercial are leaning towards bulls. However, as I always say, the trend is your friend and until I see my long-term timeframe structure violated I am assuming the market is just pulling back to continue bullish.
COT REPORT
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Crude Oil WTI - Analysis (ICT)Simple analysis on the Monthly timeframes.
There is trendline liquidity residing above, which I believe is the next draw on price.
With that in mind, I noticed price react nicely off of a 5-Month FVG and Orderblock. With that in mind, I'm anticipating price using the current Sibi that it is in to become an iFVG. I would like to see a Monthly candle close above it and then use it or a created Bisi as support to trade higher.
Life is simple, don't complicate it.
- R2F
DXY - Bearish Outlook? (ICT)This is my analysis on the Dollar Index.
It seems to me that DXY is finally ready to move lower, at least in the short-term. The seasonality of the DXY peaks about now and weakens all the way until the start of May. Whilst this is not the core of the analysis, it helps add more confluence.
Price-wise, I notice that last week's high took out the bodies of the previous 2 weeks before displacing to the downside, leaving a lovely Unicorn setup. In my eyes, this is already good to look for a short in that area. Further confluence is there is trendline sellside liquidity building up, so for a narrative we may be looking for price to touch/pierce or come close to it first before entering the Unicorn setup. If more sellside liquidity is created before entering the setup, even better.
Let's see how it goes!
- R2F
GBPUSD - Analysis (ICT)This is a possible scenario for GBPUSD, annotated on the 1h timeframe.
Price just took out sellside liquidity and reversed back up rapidly during news on the 1st March 2024. There is much trendline liquidity residing above, but there is also a 3-week and monthly FVG below (off screen).
The narrative I have in mind is for price to at least either make one more high near the C.E of the NDOG or slightly piercing the trendline, then heading to the downside. Or, for a bullish scenario, price breaks convincingly above the trendline, then finds support to move higher.
Let's see what unfolds.
- R2F
USDJPY - Short Trade Idea (ICT)This is a short trade idea for the Gopher.
There are equal highs as a target above, but I believe we will possibly head to the downside first towards the sellside liquidity and a signature Weekly R2F Gap, coupled with a refined Daily and 6h gap.
What I will be looking for is a convincing shift in market structure and displacement on a lower timeframe to validate this narrative, of course, at an appropriate day of week and time of day.
Let's see how this plays out!
- R2F
EURUSD - Trade Idea (ICT)Intraday trade idea on the EURUSD.
I see a reaction off a signature 2-day R2F Gap to give me a bullish bias to take price possibly to the highs.
For narrative, I see a signature 30m R2F Gap as a possible entry to take me up to the relative equal highs where my "low hanging fruit" objective lies. I have added confidence for the 2nd objective due to the trendline buyside liquidity on GBPUSD. However, this bias/narrative is still not ironclad as there have been a lot of N(D/W)OGs on the chart, at least for the FXCM data which I usually use.
Trade with caution.
- R2F
Top-Down Analysis (The CORRECT Approach!)In this video I go through how to effectively do a top-down analysis, and avoid common mistakes.
This can apply to any type of trading methodology, but here the focus will be on ICT’s liquidity and inefficiency concepts.
This topic is important to traders who are keen on improving their win-rate and catching those higher RR trades. Whilst those things don’t define a successful trader, only consistent profitability and sound risk management do, I believe an effective top-down approach to framing trades is a worthwhile endeavor. Better trade setups give you less stress, more profits, and more freedom of time.
What is a "top-down analysis"?
It is basically doing your analysis on a higher timeframe to get in line with where you or your strategy is showing price is likely moving to, then on a lower timeframe to wait for your trade setup to form, and then either entering on that timeframe or going to an even lower timeframe for an entry signal. For example, if the weekly chart is bearish, and you see a bullish candle on the hourly chart, you may be fooled into trading in the wrong direction. For the highest probability, you need to be in sync with the higher timeframe.
My approach is split into 3 parts:
1. I have my BIAS which is built on the monthly, weekly, and daily timeframe. This helps me determine the direction I want to trade in. If my analysis is bullish, I want to look for longs, and vice versa for shorts.
2. Then I have my NARRATIVE, aka my ‘story’ of how my setup may form on a lower timeframe, usually the 1-4h timeframe. For example, I may be looking for a specific pool of liquidity to be swept at a certain time of the day.
3. Thirdly, I have my CONFIRMATION, which is usually based on the 5-15m timeframe.
I hope you found this video insightful and that it helps enhance your trading.
If you need clarification about the content, or you are still struggling with finding your groove as a trader and need personal guidance or mentorship, feel free to reach out to me via TradingView’s private message or on X (formerly known as Twitter).
Til next time, happy trading.
- R2F
GBPUSD - Trade Idea (ICT Concepts)I'm anticipating lower prices on GBPUSD. The CPI move yesterday confirmed this bias. I am now looking for continuation lower. I don't believe price will move too much higher to fill the inefficiency. There is a signature Gap on the 4h timeframe that I will be framing this short on.
Possibly adding confluence with a Judas Swing coupled with the Classic Tuesday High of the Week.
The stoploss is for illustration only. I would wait for a lower timeframe shift in market structure along with BISIs being disrespected and SIBIs being created.
- R2F
AUD/USD - Loose Price PredictionHere is a loose prediction on how AUD/USD will move on the hourly timeframe using ICT Concepts, just for fun.
This prediction is based on an hourly Breaker and a signature R2F Gap.
Remember, to only trade what you see and not what you think. Our minds can play tricks on us.
- R2F
Understanding LIQUIDITYIn this video I try to explain liquidity as it pertains to training in a simple manner.
Liquidity are basically orders in the marketplace. Since trading is a zero-sum game, without liquidity, there is no trading. Simply put, If you wanted to BUY, then you would need someone to SELL to you, and vice versa.
Smart Money has deep pockets and needs a large amount of liquidity to facilitate their positions. They want to be able to get in and our of their trades, as well as to be able to trade with capital that would be worth the reward.
The largest pools of liquidity usually reside above swing highs and lows, and equal highs and lows (double/triple tops and bottoms). Support and Resistance ideologies dominate the market, and besides that, psychologically it makes sense to put stoplosses at such areas rather than at some random area within a range. There are also breakout traders who see price breaking out of an area as a sign of strength (or weakness if bearish) and they set their entries above/below these levels. This is how liquidity is "engineered" in the market and sentiment manipulated. These pools of liquidity can be seen as a magnet, drawing price to these levels, either to grab liquidity before reversing or continuing in its current direction.
- R2F
USD - FULL ANALYSIS [ICT Concepts]In the video I go through the timeframes in a top-down analysis, starting all the way from the yearly timeframe, down to the hourly timeframes. I share my thoughts on what I am looking for in order to build a bias for taking new trades.
The key indicator for me is the creation of new Fair Value Gaps (FVGs) and the disrespect of previous Fair Value Gaps. Occasionally, I add the confluence of Order Blocks and Breaker Blocks.
Hope this is insightful.
- R2F
Short term trade Idea USD/JPY (LONG)Using ICT concepts, I believe we are about to see an expansion on Dollar pairs.
I am getting in sync with this short term USD/JPY, aiming for my weekly short term liquidity objective.
I believe we are making a Tuesday low of the week and after reacting off that daily level, I think we are due to for some expansion.
Entry was on the high of the 15m BPR.
Stops will be moved to break even above Asia's High, 148.556
Partials will be taken @ 148.807.
Any questions, drop me a message!
How Order Blocks WorkOnce you have drawn Order Block on Daily
time frame now move to lower time frame
like 1H , 30 M or lower,
you can see it started creating bullish candles.
In this particular case a popular bullish
candlestick pattern three white soldiers
formed at 30 M time frame indicting potential reversal in trend.
Bearish Order Block: A Thorough Analysis in 2024
Identify bearish order block as mentioned in previous post.
Go to lower time frame to check consolidation phase and mark its support level.
Check point where price went below support level and comeback to retest.
Enter short trade once it breaks below again.
so now we have 4 confluences for short entry.
1. 4 Hour's Bearish OB
2. Price Consolidation at lower time frame.
3. Retest of price
4. Breakout in short direction.
Identification of Order Bearish BlocksExplaning the Bearish Order Block
A bearish order block is a price area on a chart that indicates a potential sell opportunity because it suggests a shift in market sentiment from bullish to bearish. It's essentially a zone where a large number of sell orders were placed, creating a temporary imbalance between supply and demand.