Institutional_trading
$GBPUSD - Fed Rate To Rally Dollar Until 2Q *SMC**SMC = Smart Money Concept - See related Ideas for Tutorials on these concepts.
I pulled two smart Money Fibs on the latest waves. The largest of the two has a Liquidity point that could be broken by the end of the quarter as "Smart Money" or the intuitional powers that be, may push it that way. After it breaks the Liquidity Level (Below 1.20120) or near the top of the Order Block, which is also my first safe entry, then I believe The Pound will catch up and turn Bullish. So My SL is 1.18693 and Take profit is 1.25092 making it a 2:1 R:R I'm taking the Smart Money principles and risking the Most that you should at 3% of your account. Typically, you don't want to risk more than 2%. Just an FYI for any new trader that maybe reading this idea.
Happy Trading
- BXW
Retracement short waveThe market currently created a double top on a strong daily imbalance or rather a fair value gap, market just filed the imbalance for efficiency and created a double top in daily followed by a triple top on 4h after breaking the lower high, I believe the market is heading back there to retrace and create a resist to support flip/break and retest and for after that it will continue its movement up as we are in an upward trend and the daily yesterday close has created a very strong bearish order block.
EURUSD shortI am looking for EURUSD to go down here this morning. I think that Unemployment Claims news release will bring it down here. I may fall directly on 8.30 or another scenario will be it mitigates the 1.06500 (bank number) level and than falls. I am not taking a trade the first minutes of the news, I will look for an entry on the 1 min timeframe after it makes the manipulation.
AUDUSD - Smart Money Concepts Price Action Analysis 2/2/23Daily Analysis - AUDUSD - Smart Money Concepts + Refined Supply And Demand
We have been in a decisional swing supply zone for a while now, I would not be surprised if we see NFP week fuel a big move out of the zone to continue the daily swing trend.
Daily:
s3.tradingview.com
4hr:
s3.tradingview.com
GBP USD - 1.26 easy targetHey Guys,
Ive seen a lot of confusion around GBP USD so i figured id share my analysis and take on it.
The simple reason why im long on GU is due to the most recent re-accumulation, for which i believe it's purpose is to push prices up to 1.26.
Anyways, Just my view of things.
Happy trading and stay in the green!!
EURUSD Looking for this scenario today on EURUSD. No entry before 9:30, and after getting the confirmation from DXY that it wants to go lower. DXY has a breaker order block on 102.35 and a FVG next to it. So I will see how it will react on that. If it looks bullish my bias change and I will look for shorts on EURUSD