Institutional Trading Gold To 2100 I hope everyone has had a great weekend and you're all getting ready for another profitable week like me 😎
This is as simple as it looks but I will break it down for you. My 71% to 76.8% Fib Retracement golden zone aligns perfectly with that footprint in the imbalance I've marked.
Most retail traders will see those equal lows and the bounce from 50% to 61.8% and think it's a rock solid support. Have you ever thought about how many Stop Losses are behind a level like that from traders who have gone long? The big market players do all the time and they call it liquidity. On top of that all the sell stop orders wether they're protective or speculative they will have stops not too far away just above that 50% to 61.8% zone.
This is such a clean setup as well because Mondays and Fridays are manipulation days. It's significant a setup like this should fall on a Monday.
I'm expecting price to range for a while and then go on a Stop Hunt to my area of interest. Grab all that liquidity and slingshot out of there. I'm simply suggesting we be on the winning side instead of the 90 odd percent of traders who lose money.
It could go wrong because they're slippery these big institutions so you don't have to be as aggressive as me and aim for the very bottom of the pull back, you could wait for the reversal to become apparent and ride it up.
Good luck everyone and as always if you like my work please show me some love.
Institutional
GBPCAD ThesisPrice has come to an institutional level of demand which it has reacted from. A lot of breakout traders on the lower time frames are selling right now therefore price may trap them and go long to target Liquidity Pools to the upside where I may look to take profit.
Good luck!
-This is a speculative setup, not investment advice.
AUD USD LONG SETUPa bit late on publishing this analysis, but here it is anyways, buy limit triggered, lets see what happens.
Wedge patterns are forming on most of the major pairs, indicating a reversal. Here is the AUD USD set up, my pending BUY limit is placed. Lets see how it goes.
Bearish breakout of the wedge during london session -> induces retail Sellers -> boom, price reverses Higher, stopping out retail Sellers.
USD CAD SHORT SETUPWedge patterns are forming on most of the major pairs, indicating a reversal. Here is the USD CAD set up, my pending sell limit is placed. Lets see how it goes.
bullish breakout of the wedge during london session -> induces retail buyers -> boom, price reverses lower, stopping out retail buyers.
Now honestly it might not reach the high of the week, it could reverse from now, but either way, my entry will be at the high of the week for the best entry possible.
GBP JPY SHORT SETUPWedge patterns are forming on most of the major pairs, indicating a reversal. Here is the GBP JPY set up, my pending sell limit is placed. Lets see how it goes.
Now here im expecting a more complicated move
bearish breakout of the wedge during london session -> induces retail sellers -> boom, price reverses higher, stopping out retail sellers -> price reaches (breaks above) the weekly high -> now inducing retail buyers (this is where I'm selling) -> finally price reverses lower after all the manipulation.
EUR USD LONG SETUPHey Guys,
Wedge patterns are forming on most of the major pairs, indicating a reversal. Here is the EUR USD set up, my pending buy limit is placed. Lets see how it goes.
bearish breakout of the wedge during london session -> induces retail sellers -> boom, price reverses Higher, stopping out retail sellers.
USD JPY SHORT SETUPHey Guys,
Wedge patterns are forming on most of the major pairs, indicating a reversal. Here is the USD JPY set up, my pending sell limit is placed. Lets see how it goes.
bullish breakout of the wedge during london session -> induces retail buyers -> boom, price reverses lower, stopping out retail buyers.