Institutional
3/20 Again outside of my desired early ny session time but I guess its still NY and I woke up late. Initially I had a buy limit place and I woke up seeing it getting approached and I got scared and deleted it. After leaving the charts and wondering why I hesitated I found that I was scared to be wrong. That is bad. I got my thinking right and remembered I do not have to know whats going to happen next to make money ! My entry was approached again and I executed flawlessly because honestly this RRR go crazy at 1:7. Worth the 0.5% risk. Definitely more of a swing fasho but im willing to hold as maybe I catch the low of the week. In a huge huge huge weekly IC candle. Only worry would be small SL but o well I kind of do that a lot. Another worry being the time of day as it is 4pm est. YOLO
Will the institution bear GBPNZD ?The Institutions have entered the trade at 1.91790 , 1.94230 and 1.95470. After a successful bullish swing trade they will start planning to exit the trade at a good price around 1.97650.
Now the institutions will re-enter as a bearish trade . Bearish movement confirmed at 1.96730 after it broke the bullish trendline.
I have entered the trade at 1.96881 as a swing trade and will exit around 1.91790 and I will add more short positions along the way after a bullish correction.
Fundamentals :
NZD :
- bullish data ( retail sales ex autos rose to 6.8 % from 4.8 % / retail sales rose to 2.5 % from - 2.7 % ).
- Important release date will be held this Wednesday '' RBNZ Interest Rate Decision '' , If the RBNZ is hawkish about the inflationary outlook of the economy and rises the
interest rates it is positive / bullish, for the NZD.
GBP :
- No data this week.
Technical :
- Start of bearish movement at 76.8 % Fibo at 1.96955 .
- Fibo 61.8 % exit trade at 1.92108.
- Important support levels 1.96165 , 1.95290 and 1.94220
2/20 Sample2nd trade. Outside of my normal ny trading time again but opportunity presented itself. definitely couldve waited until the hourly candle close to see the candlestick but im finna go to sleep. got a better entry than desired. Small 10 pip sl but risk is still 0.5%. Execution was good so just going to hold. Targeting money up high. Bought below daily open hoping I caught the low of the day.
going long on GU,in lower time frame, htf bias, long termsnipes.i'm still working on the "snipe part" the ideal is that the lower you get into the directional range for the day the less likely tocome back to stop me out.
I use institutional orderflow to frame all my ideas, I've been trading for a bit over a year now and im getting more and more cofident.
(UPDATE) BTC RETRACEMENTS MANIPULATIONHello there! Here is Alkaline Crypto again!
We are seeing how the cryptocurrency market has fallen over 5% on average after the close of the Asian session. We are investigating the root causes of the pull-back, probably a profit-taking event.
Here you have our last week Bitcoin manipulation approach, as we still consider it valid to place your entry triggers.
In conclusion, we will wait patiently for the market to rebound from this little retracement before placing more orders.
Do you have any interesting crypto project in mind that you would want us to analyse? Drop it in the comments section!
Have a successful day, Alkalites!
ETHEREUM (ETH) ALGORITHMIC MANIPULATIONGood morning, Alkalites! Today we are starting with slightly green watchlists. There is not too much to see today, as most of our long term orders have been placed. We are waiting until more tokens from our watchlist become favourable to enter in.
This morning we have seen ETH making a wedge, probably formed by algorithms battle with EMAs. Today's levels are based on algorithmic volume, as low-frequency buyers won't probably place orders near the recent all-time high.
If ETH breaks above them, we could see more growth in the short term. If not, remember this is not a recommendation for you to sell or to place shorts, as we believe this ETH will perform well in the long term.
Stay tuned on updates like these in our FREE CHANNEL in Telegram!
Have a great Tuesday, Alkalites!
GBPAUD H1 - SHORTGBPAUD H1 - SHORT
Potential BUY opportunity if prices comes back to test the support area, potentially making a temporary buy-side move.
Since prices tapped onto the HTF or major resistance area, we are expecting a sell-side move, liquidating the orders lying beneath the swing lows, trendline and equal lows created.
We'll be monitoring closely.
EURUSD Long Opportunity, 1:12 AvailableGood morning ladies & gentlemen,
EURUSD is primed for a long today. After consolidating sideways for multiple days, price has now presented us with a bullish buy structure anchoring off the H4 Bullish Orderblock.
The Daily & H4 IoF is long, but the weekly is still a short.
Therefore, I anticipate price to trade up to the final TP where I'll be looking for shorts from then onwards throughout all of May.
With a bearish euro and a bullish dollar, this should accentuate a fall in euro after this final move to the upside has been made.
First objective is the high of yesterday.
Second objective is the high of the H4 range.
Third objective is the D1 Bearish Orderblock in line with a fill of an imbalance that lies above.
Bear in mind there is FOMC news today so there's a chance that price may spike around 7pm London Time, make sure you claim profits or exit most of your position by that time.
Volatility can lead to slippage therefore your stop loss may not get filled during that time; hence, reducing your exposure when that time comes is key.
Best of luck.