Double pin rejections on demand zone, potential buy| EURUSDEURUSD hits a buy zone with two pin rejection on 4H Time frame after taking liquidity at 1.07752 and broke a trend line along side with daily engulfed candle
which could possibly indicate a buy retracement i expect to see a rise to 1.08628
also expecting a tap into the demand zone before rising
Instututionaltrading
btc longbtc long
**the holy grail in trading is taking advantage of 90 percent of traders** out there who aren't reading the market correctly and who learned it through know applying you know moving averages and oscillators
candle stick patterns things of nature which is great for longer term for trading but they apply that to day trading they call that price action when they say I'm trading price action by taking the close of a bar against a previous bar and going long or short, that's not price action that's trading an indicator candle sticks are an indicator what you need to understand is numbers into constitute make up that supply and demand within that time frame whether you looking 5 min, 15min candle whatever
there is all was competition so what you want to have your eye on is where the institution are being graded which is vwap and then standard deviation away from the vwap where you can better your average that's what we do we become speculators when price move away from vwap , if we are selling we obviously looking for resell as retrace back up towards view up or we could speculate and get long in as move two standard deviations or three standard deviations away from both of top side the bottom side so purpose behind having this information once again you have to know and ask your self-question everyday single day every single moment your about put on the train who was in control,
we see sellers have initiated trade to the sell side they are in control where is value, right know where is price relation to value are you selling and its 2 standard deviations away from vwap so this means its too cheap and there it is cheap to sell there other side that we will be buying and you don't want short when large traders are buying you you all was want to stay with who is in control. *there is 3 question all was have to* ask, who is in control, where is value, and where is price related with value?
a successful trader is an efficient trader and this is a mark of efficiency and first, they have to understand what we are looking at and what we are trying to do is we are not batting against professionals you can't win you will not win they have money than god so you might as well stop fighting it so you wait then you see with information clearly fast you have to understand what is it so the fact that large institutions can't sell everything they have, means they have to part piece it out in multiple prices or over time so you notice that over time when you looking at this information you will start to see that they start hitting it around the same price it will retrace up they hit it again that can tell you the size or large you know that can tell you the size of the fund and what other real purpose is you know what they trying to do and there nothing else out there in the retail space that shows you this type of efficiency nothing
there is all was competition so what you want to have your eye on is where the institution are being graded which is vwap and then standard deviation away from the vwap where you can better your average that's what we do we become speculators when price move away from vwap , if we are selling we obviously looking for resell as retrace back up towards view up or we could speculate and get long in as move two standard deviations or three standard deviations away from both of top side the bottom side so purpose behind having this information once again you have to know and ask your self-question everyday single day every single moment your about put on the train who was in control,
the holy grail is ending breaking through consistently you know being consistently profitable its all about managing risk fast it's not about trading more increasing your commissions or those fees its not about taking a larger position its all about managing your risk and managing your risk is all about getting in before 90% of other traders are getting you want get involved in the direction of larger player but you want to get ahead of everybody waiting for the bar to close so. you have valuble information learn of whether it's block trades or the blocks or the trade imbalance or stacked imbalances inventory levels or whatever you want to use your standard deviations
we want a trade market generated information, we don't want trade biases we don't want trade randomness random number, market does two things, the market is the distribution system that seeks out value and it goes to value to value from high value to lower value it gona do so in a form of being balanced or equal and imbalanced unfair right and when its imbalanced its going to spend less time so there no value there for it searching for value and what noft prepare for this information algorithm in the orderflow sequence tracker prepares this information chronologically so that when your in the trade if your finding inbalnce occur your you gonaa stay with that trader as soon as imbalance offset by other side then it become value market will pause and trade basically turn around a price level and either at that point going to continue or large trader come in and create that imbalance once again or it comes back to the value and so you want be able to see that information as soon as available soon as you see imbalance and bounce your risk become higher there no longer imbalance that's all price sets become a fair price therefore you lose your edge and trading is all about the edge your edge is the 90% losing traders out there
BTCUSD long postion.. waitting for inbalance to down side or rejection,, i recomeded everyone to track everything you trade, not one asset, track what ever out there becuse we need to continues learrning, dont limited by your belief. your live your live so your heart is beeting , so try until you get there.. never give up.
WTI shortshort postion, we want a trade market generated information, we don't want trade biases we don't want trade randomness random number, market does two things, the market is the distribution system that seeks out value and it goes to value to value from high value to lower value it gona do so in a form of being balanced or equal and imbalanced unfair right and when its imbalanced its going to spend less time so there no value there for it searching for value
when your in the trade if your finding inbalnce occur your you gonaa stay with that trader as soon as imbalance offset by other side then it become value market will pause and trade basically turn around a price level and either at that point going to continue or large trader come in and create that imbalance once again or it comes back to the value and so you want be able to see that information as soon as available soon as you see imbalance and bounce your risk become higher there no longer imbalance that's all price sets become a fair price therefore you lose your edge and trading is all about the edge your edge is the 90% losing traders out there
$GBPUSD - Price at Bullish Breaker - Continue Bullish Momentum?*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Currently on the daily chart the price has risen above a breaker. The Breaker would be the Low High Lower Low Formation seen here:
And it has come down and touched that breaker region. The breaker would be the last up candle in the low high lower low formation. Which is in the main boxes on the main idea above. I once price touches the breaker it ususually means that there was a missed opportunity for "Smart Money" to remove a short position at that area so they bring the price back down to remove the short positions and give you a "Fake out as if they are going lower.
My stop loss was to take take the highest 4 hour ATR (408) or 40.8 pips and place that below the body of the breaker. I added a few pips just in cases it tried a quick stab stop hunt. As it approaches the 1.35500, 1.36000, or even the 1.36500 mark price has a t endency to sweep those areas 10-40 pips before pulling back. Being that the next daily bearish order block ius neath e 1.36000 I would expect it to sweep at least half of the bearish order block which is approximately 40+ pips on this chart.
Open: 1.34975
SL: 1.34545
Max TP: 1.36470
More than a 3:1 ratio with almost 150 pips to gain if my analysis is correct. This is a swing trade and we're hoping to find the bottom of that swing right now.
FX:GBPUSD
OANDA:GBPUSD
FOREXCOM:GBPUSD
GLOBALPRIME:GBPUSD
EASYMARKETS:GBPUSD
KRAKEN:GBPUSD
FX_IDC:GBPUSD
PEPPERSTONE:GBPUSD
FTX:GBPUSD
EIGHTCAP:GBPUSD
CURRENCYCOM:GBPUSD