EUR/USD November IPDAHello Traders!
New month for EU, which means new IPDA data ranges and open float levels.
Here I noted all highs and lows within the 20, 40, and 60 day look back periods with a "X".
Since Im bullish on the DXY I will be bearish on EU (Inverse correlation).
I would like to see a high raided then a sell off as we are siting within a weekly BISI (Buy side Imbalance Sell side Inefficiency).
Ipda
USD/CAD November IPDAHello Traders!
We are now in the new trading month November!
Here I looked back 20, 40, 60 days to seek the open float and important areas where banks may have buy or sell stops.
I have labeled most PD Arrays that I see as important and will annotate more as they become relevant to price action.
As of right now seasonally we know the Dollar index is bullish in November and the Canadian Dollar is bearish.
So I am anticipating higher prices from USD/CAD.
DXY November IPDAHello Traders!
October is coming to an end and we are starting a new trading month November.
Here I looked back 20, 40, 60 days to seek the open float and important areas where banks may have buy or sell stops.
I have labeled most PD array that I could see on the daily time frame. There are many more but I want to keep the chart clean. If price does make a certain move towards the PD array I will annotate it.
As of right now seasonally we know Dollar index is bullish in November.
This allow does not mean the DXY should displace higher.
DXY UpdateHello Traders!
To simply put this is what I think of the dollar Index.
Thoughts:
October 23
As October is coming to end I know that November seasonally is
Bullish.
I currently see a bullish order block and a swing low formation.
If price can break the 3rd candles high in the swing low my mind
will consider the dollar gaining strength.
As of right now Im still bearish on dollar other wise.
XAU/USD IPDA UpdateHey Traders!
As you can see Gold recently took out the lowest low within the Oct. 1st look back IPDA data ranges.
Price since has been trending upward. We can see that the dollar has been finding a hard trending bullish.
I still see Gold moving higher as we move into premium price points
USDCAD IPDA UpdateHello Traders!
As you can see the USD/CAD has been trending bearish since breaking that 20 day look back highest high from Oct. 1st.
We also have taken out majority of the sell side liquidity on the Higher Time Frame which is significant.
I do see areas that we can seek a buy opportunity. However the overall trend is still bearish if the dollar continues to fall.
DXY UpdateHello Traders!
We see that the DXY keeps retesting the highest high within the last 20 day look back range we established.
Today we see price make a great move to the downside as we can see with the most current daily candle (Oct. 13th).
From here I would like to see the DXY show signs in price action that it will continue to fall lower into discounted prices.
Seasonally the Dollar is weak in October and stronger in November.
We can also see other pairs like XXX/USD trending bullish or breaking a significant low and moving higher.
DXY IPDA 20 day look back high takenHello Traders!
We recently got a important high taken out, and we can possibly see some selling take place.
We do have many different discount PD arrays below that can be targeted by the algorithm.
Now we can search for areas to sell when the opportunity presents itself.
IPDA Data Range DXY Example Hello Traders!
Here I show you how I find large banks order flow!
IPDA (Interbank Price Delivery Algorithm) look back ranges help us see where our most apparent highs and lows are within a 20 day cycle.
Every 20 days the market makes a new high or low. It may not be exactly 20 days but roughly every 20 days you will see a new high or low formed.
I use this to help me determine my point of interest.
This alone gives more structurer to what you may anticipate on a large fund aspect.
$GBPJPY - Long... All week Long (Smart Money Concept)I did a lot of work on this chart and I'll just say there are. lot of hidden elements as to why I have came to this conclusion. There are just things I cannot share. But I will share my conclusion and my d=first short term goal for tomorrow is an open trade to start after midnight New York Time (London Session) Where GJ has just. bit of retracement to 145.650 and it should end up with taking first profit at 146.400 - 146.420. About 75 pips. If I'm right, we'll go from there. But I'm Expecting GBP to have a Bullish week on all charts, possibly sending EURGBP down as well.
FOREXCOM:GBPJPY