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Institutional_trading

GBPUSD 150-200 Pip ShortVery early in the trading range in a Wyckoff cause phase. However there is a very large institutional candle where positions could be unloaded at the beginning of that candle, selling off to the bottom of the trading range between 150 and 200 pips. The Institutional candle didn't break the Buyers Climax high so I don't expect the next phase to break the Institutional candle high. Instead we should see an instant reaction as the volume of the sellers have grossly oversold with a very little volume candle. Additionally, the RSI divergence from the Spring to the Institutional Candle/Upthrust suggests that the price will fall as we're still on the high side of the buying on the RSI. The best part is the risk to reward is 7:1 ratio. FX:GBPUSD Apologies for the text all over the chart, but this is how I chart. Any Wyckoff Method traders that have any input, please share.
Short
by BodiesXWix
Institutional Trading further Explination I received a few questions about my last institutional trading post and I have posted a more in detail graph with explanation here. I was able to grab 30 pips from yesterday's EJ accumulation period, so I have posted here how I achieved this and how I marked out my chart. P.S entries are always made at 3:15am (Atlantic time) or later. basically once you see an indicator leaning towards a market shift. I use Alligator, MACDs and AW for confirmation. If you don't like indicators simply look for when the candle shows indication or if the next candle is moving in the opposite direction.
by justkeeky
EURUSD - JUNE 28th - 3rdAs we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy at the the key levels. (we have indicated) Price action has not been the best these last two weeks but we will see what our analysis brings. we remain flexible and when the markets start by Monday LONDON session we will have a definite bias #Propheticpips We have a profitable strategy visit www.Thomasmarketingsolution.com or follow us on IG and see our results @prophetic_pips
by madpastord