Dec 19 2023 GBPUSD BUY Trade Activated (pending order) Good day folks!
Another great trade in this currency pair.
Look at daily TF bullish since 1.21020, I often used hedging trade but i think i got this one. Last week was sell then this tuesday, buy trade activated. Always adjust your analysis depending on the actual behavior and do not stay married to your first bias :) .
As i checked 4h-3h-2h-1h, there was an IC (POI created ) when accumulation schematics was introduced last week dec 12 onwards. So i monitor the left side of the chart and also see an IMB in price. I set pending order in my MT5 account so i can still ride the trade even when i am offline.
My trade come to fruition because of HTF bias and then validity in low tf.
I set my trade in lower tf for a better RR . :) .Hopefully my trade will have a momentum until friday, but no more loss in this trade due to the fact that I always take some partials in trades.
I hope you learn on something on this, have a great day.
#accumulation
#wyckoffiantrader
RR: 1:16
Liquiditygrab
ROSE Bloom depends on PollinationGM Gardeners!
The Summer season is going to an end and one of our flowers seems to still be in its early stages of the pollination.
Most roses bloom between late spring and early fall, typically taking about six weeks to produce each new set of flowers as the plant continues growing throughout the season.
However, our flower didn't actually bloom just yet. In the past year, it shown a great smell of victory in June, because we've feed the ground at its Area #1. This year we've gone through this Area and formed the underground, Area #2, and even had some cold snowy blossom.
Remember: Carefully pruning, feeding, and controlling any pests or diseases on your roses is the best way to encourage new blooms.
That's why we have to carefully feed the ground at the Area #2. After that we can test this ground and touch the middle point of the wedge like this:
(BoS is the breaking of structure. If we confirm BoS High, than the Area #2 has been feeded enough. If we confirm BoS Low, The feeding process will just begin)
However, My long term guess is that each massive flowering requires the Renewed land. That's why I'm expecting coming to the Unexplored Area #3 for the blossom to take part this Fall.
Have a Good Harvest
Yours truly,
Gardener A.I.Vision
AUDJPY IdeaHeres my outlook on AUDJPY.
We have a clear, prominent, break of structure to the upside. Continuing with trend our daily bias in bullish. Now i know price has tagged the previous supply zone on the daily im not silly but when the setups are there the setups are there...
I may get out slightly early because of this reason but i will be looking to buy NOW. We have a clear direction of trend. clearly broken structure and swept liquidity before the push which has left an inefficiency. What more do you need?
Have a great day and I hope this helps!
Liquidity - How to easily spot it!Here's how you can easily use liquidity to create wealth 🤑
Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread...
It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE ...
Once you know why, you can slay hard every single day!
Follow me for more educational posts and market analysis:)
Anyway, that's all for now,
Hope this post helps and as usual...
Happy Hunting Predators
🦁🐯🦈
How to find Key Price Action zones for Daytrading successPrepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is targeting, will set us up for the higher probability trades.
I discuss a few key concepts for Intraday trading and how I identify the important zones. I show some trade examples and high probability trade zones.
** If you like the content then take a look at the profile to get more daily ideas and learning material **
** Comments and likes are greatly appreciated **
EUR USD NowCurrently, our focus is on the volume profile's left side, where a single print and volume imbalance are evident. We're maintaining our position behind the daily fractal to avoid altering the market structure. It's our belief that market makers might be targeting the high liquidity zone around 1.0672, but this is just a theory. Furthermore, we find ourselves in a consolidation phase below resistance. This pattern is typically quite bullish. There's no need to rush; we should patiently wait for signs of structural weaknesses on the 4-hour and 1-hour charts before deciding on our next moves.
PS. Indeed, we should exercise patience, especially since there's fundamental noise on the horizon in the coming days.
ATOM is Recharging the Fuel for its flight to CosmosHey there!
So I've just seen an amazing analysis of BINANCE:ATOMUSDT by the "Swallow Crypto" trading team named SwallowPremium on TradingView (I'd give you the link but my rating doesn't give me a chance yet, so just look at the linked Idea) . Shout out to you guys!
And I've found some more nuances to it I'd like to share.
The guys suppose we might be right at the Liquidity grab zone right now, and go up from here, as we've got to the same zone where we've been in June within a quick spike down and I totally agree with them. However, looking on a bigger picture, June 22' zone seems a lot more interesting for the big guys to enter, having in consideration this green indicator that shows Big Buys. We're currently facing Medium buys already, so the Fuel is slowly recharging, but it's still hard to name this zone as the Gas Station.
I will update you when the Big Guys will come in, so you can just follow me to be updated.
My guess is that we've Just been welcomed in the Entrance zone that started on 7,1 but may go deeper all the way to ˜5,8 or even ˜5,5 and will be formed within the next month or two within the tip of almost 1 year old Descending Wedge and from there we'll make a good old breakout.
However, i don't consider ATOM to be a short speculation project, so getting in by now and DCA-ing within the dips sounds cool to me.
P.S. Zooming out to the on-cycle view and considering 2023 not to be a final bottom, theoretically we currently are in the wedge inside of the wedge. If so, we will break out to ˜14,5 and go down to the Nadir... To the zones where "crypto is dead" will return back. To sub $2 ATOM.. Oh man I wonder if it's just the fantasy of the trippy mind or is it Groening mode on full send mode.
What do You think?
👁️ A.I.Vision
TSLA fifth wave and bullish FVG 4h timeframeI've been keeping a close watch on TSLA's recent movements, and there's something worth sharing. It seems we're in the midst of the fifth wave, if we follow Elliott Wave Theory. What's even more intriguing is that on the 4-hour chart, a bullish FVG (Fair Value Gap) could be in the works, indicationing the end of the bearish (fourth) wave.
Adding to the excitement, the Relative Strength Index (RSI) is giving us some interesting signals. It's right on the edge of slipping into oversold territory, a potential sign of a turnaround. Plus, keep an eye out for the impending cross between the RSI and its RSI-based Moving Average (MA), as that could indicate a significant move coming up.
This setup has definitely caught my attention, and I'm thinking there's a trading opportunity brewing. If taking the trade I would suggest a safe stoploss below the fourth wave or a more risky one below the next bullish liquidity void on the chart. I would target the end of the fifth wave as a TP area because after that I believe we will see the first correction wave of the ABC pattern.
Of course, as traders, we know the drill – careful analysis and risk management are key before making any moves.
Mastering Liquidity in Trading: Unraveling the Power of SMC 🔥Liquidity is what moves the market. Liquidity and liquidity pools are created and targeted by the markets and a lack of understanding on this topic is the main reason why the trading mind fails even if the analyst mind is correct. Traders who have been victim to their stop losses being taken by a wick before price running in their favour are the perfect example of having the correct analytical mind but a weak trading one.
Liquidity is unlike an order block or price inefficiency or anything else that can be physically identified on a chart. It is invisible, however, it is still possible to identify without the need of indicators or anything other than price action alone.
Simply put, liquidity is money in the market. Typically, this money comes in the form of retail orders and stop losses. Knowing this allows us to understand that if the market targets liquidity, and liquidity comes in the form of retail stop losses, the market must be hunting and going against retail strategies.
🟢The first and most prominent of these retail strategies is the idea of support and resistance. On the chart we can see an example of what retail traders would refer to as a level of resistance. In doing this they would short price from this level expecting a move down. This creates a liquidity pool just above this ‘resistance level’ where the average retail trader would place their stop losses. This liquidity pool is now a target for the market. So instead of trading this move down, we wait for the liquidity grab and use the rest of this strategy to capitalise on the bearish move that we can expect.
On the Chart is a demonstration of the market hunting liquidity before making its next move. Again this is where traders would be correct in terms of bias but incorrect in terms of trading.
This is an example of what an informed chart looks like. Instead of highlighting support and resistance levels, we highlight equal lows and equal highs respectively. Equals are usually in the form of otherwise referred to double tops or double bottoms but can also be more than that. The key difference, however, is that we would anticipate the market hunting the liquidity above the equal highs and below the equal lows. Due to this, we avoid being a victim to the market stopping us out by a wick and falling in our direction.
The second most prominent retail strategy or idea is the trend-line. Every time a trend-line formation is present within the market, we can now understand the amount of stop losses and, therefore, liquidity that would be sitting under this ‘trend-line’.
Above is an example of the importance of recognising trend-line liquidity. Once the liquidity above the equal highs has been hunted, we need to establish the next liquidity pool in the market. Seeing a break above the ‘resistance level’ would be seen as a ‘bullish breakout’ by the average trader. However, we can identify that as a liquidity purge and higher high, in which case we can expect a higher low to be made - which would mean a bearish retracement.
On top of this, we can see a build up of trend-line liquidity just above the discount end of the parent price range. This gives us an added confluence and confidence in the fact that we can expect lower prices with the liquidity underneath the trend-line as our first target.
Above is an example of liquidity being grabbed on the bullish side (above the equal highs) sending the uninformed trader long based off of a ‘bullish breakout’, then hunting the liquidity on the bearish side (below the trend-line) and sending the uninformed trader short based off of the break of the trend-line. This is typical of the market - it shakes out impatient and uninformed traders on both sides of the market before making the actual move.
Here is another examples of how trendline liquidity gets purged by the market. On the chart we can see a trend-line where many traders would be longing the market, unaware that they will be victims of a liquidity purge.
Below we can see that liquidity purge below the trend-line which would send the average trader short. Using the rest of the strategy, we are able to understand that price will react from specific levels to go long
Below we can see the completion of this market cycle with our levels being respected and the real bullish leg being made.
🔥🟠🔥🔥🟠🔥 BONUS CHEATSHEETS👇👇👇👇
Potential Sell on AUDUSDHere are a few factors to consider as we take on this outlook on the pair:
Weekly
-the weekly structure is STILL bearish, regardless of the current bullish push
-we have returned to the ranging market parameters we had seen in the previous 12 weeks prior to the week of 20th May
-0.68000 and 0.66000 played a pivotal role in price action during those 12 weeks
-we are, currently, at 0.68000 institutional zone
-we are still in a potent selloff to fulfill the -27% extension on the weekly
H4:
-we have (14th June) tapped into the May high and slipped back below it to indicate that we simply grabbed liquidity
-price came up once more and got rejection off the high's level (0.68180) and is currently being maintained under it
-the recent bullish assault on the pair may end up being just that- a hunt for liquidity
-price is currently at the critical price zone of 0.68000
This being the case, the sell trade will be entirely dependent on:
-a break of structure to the downside on the midrange (H1)
-a retracement (preferably back to 0.68000 to fill institutional orders)
-a key level rejection (daily or H4)
-former H4 wick/order zone being tapped
-a fib level to act as minor confluence
Target: 0.67000 overall, generally the -27% extension of the new swing
Please note that, considering recent momentum, we might as well break structure to the upside and abandon the bear market.
If this happens, I shall adjust my view and seek highs above 0.68400.
This is why a break in structure below 0.67500 is critical before engaging sells.
NOTE: this is not financial advice and is just my opinion on the pair. Kindly make financial decisions based on your own assessment and analysis of the market.
LESSON 1: TRADE THE LIQUIDITY OR BE THE LIQUIDITYWhat is Liquidity in Forex Trading?
Liquidity is the presence of orders at specific prices in the market, ensuring that transactions can take place without disruptions. When traders talk about liquidity, they are usually referring to the resting orders in the market. These orders can be absorbed or targeted by banks and financial institutions (BFIs) to influence the patterns of price movement. Liquidity can be found throughout the market, although certain areas may have higher levels than others. The good news is that it is indeed possible to learn how to identify and recognize liquidity patterns.
Liquidity comprises a variety of orders that gather in the market, including limit orders, stop loss orders, and stop limit orders. These orders come into play when prices reach specific levels of supply or demand in the market. Understanding liquidity is essential in comprehending how prices move.
Why do you need to understand Liquidity?
Liquidity is crucial for predicting price movements. Analyzing liquidity, along with market structure, supply and demand, and order flow, provides insights into potential price directions. It's important to consider liquidity alongside trend analysis and supply and demand to understand market conditions effectively. Highly liquid markets can be manipulated by large banks or institutions, leading to liquidity shortages, price slippage, and poor trade execution. Recognizing liquidity pools during slow sideways price movements is key.
What are the main types of Liquidity in Forex trading?
1. Buy-side liquidity (see chart for example)
Buy-side liquidity refers to the accumulation of orders above a range or high, including buy-stop limits and stop losses placed by sellers and breakout traders. Banks and financial institutions (BFIs) may target these orders to fuel temporary or sustained bullish price movements.
2. Sell-side liquidity (see chart for example)
Sell-side liquidity refers to the collection of orders situated below a range or low, including sell-stop limits and stop losses placed by buyers and breakout traders. Banks and financial institutions (BFIs) can target these orders to generate temporary or sustained bearish price movements. Similar to buy-side liquidity, sell-side liquidity serves a crucial role in the market dynamics.
Do you have any questions? feel free to ask.
Cheers,
David
Buy Position on AUDUSDHere is a breakdown of AUDUSD and why I am in a buy position:
Weekly: we're bearish overall. However, the market has been in a consolidation/crunch environment for the last 7 weeks. Therefore, I am relying on the intraday time frames to determine my bias.
H4: we broke structure to the upside on Tue, April 11th. We swung to the upside and tapped 0.68000 institutional level. Based on basic structure and market movement, we retraced to the 61.8%
and have since been trying to complete the continuation phase of the price action leading up to 0%/ the supply level around the 0.68000 zone.
Note: the 61.8% has provided a solid level of support. It is based on this premise that I am bullish on the pair as we open the week.
Friday, lastly, closed with a grab of all the untapped daily lows created all week. With this tap into liquidity, I entered a buy position as the week came to a close and I expect the bias to hold and run
the pair to the supply levels. I have my target at 0.67800 on this setup and stop loss at 0.66620.
Enjoy the week ahead and may the pips favor you!
📊Liquidity GrabSmall and big players tend to acquire larger positions in the market than they can afford, in an attempt to benefit from the leverage. This is where the concept of liquidity grab comes into play. Large trades and institutional investors need to locate liquidity areas in the market to complete their trades. Stops and stop-loss orders are critical for survival in a leveraged market. Stop hunting is a common practice in Forex trading, where traders are forced to leave their positions by triggering their stop-loss orders. This can create unique opportunities for some investors, which is called a liquidity grab. Stop hunting is a trading action where the price and volume action threatens to trigger stops on either side of support and resistance. When a large number of stops are triggered, the price experiences higher volatility on more orders hitting the market. Such volatility in price generates opportunities for participants to enter a trade in a favourable environment or protect their position. The fact that too many stop losses triggered at once result in sharp moves in the price action is the reason behind the practice of liquidity grab.
📍 What is liquidity sweep?
In trading, a liquidity sweep is the process of filling an order by taking advantage of all available liquidity at multiple price levels. Traders use this method to ensure their orders are filled at the best possible price by breaking up their order into smaller sub-orders and spreading them across multiple price levels. Institutional traders and high-frequency trading firms commonly use liquidity sweeps for efficient and quick execution of large trade volumes.
📍 Liquidity Zones
Big players in trading aim for the best prices but face challenges finding sufficient counter-forces to fill their large orders. Entering the market at low liquidity areas creates more volatile markets, negatively impacting the average price. Conversely, entering at high liquidity areas results in less volatile markets, ensuring a better average price for the position. These liquidity zones are where stop-loss orders are placed, and the concept of "liquidity grab" comes from the need for big players to enter the market in these zones to take large positions. Traders use swing lows and swing highs to create these liquidity zones and place stops as reference points, resulting in either a reversal to the mean or a breakout of the level.
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BTC/USD 28372.00 SSL TAKEN LONG IDEA 1:5 RR INTRADAY TRADEHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT TODAY ON BITCOIN .
BTC /USD BUILD LQ DURING ASIAN SESSION SAW A SWEEP OF THAT LIQUIDITY LOOKING FOR A SWEEP OF THE BUY SIDE LIQUIDITY.
* Fridays highs TAKEN looking to target buy side liquidity on the on BITCOIN .
* just like yesterday waiting for entries LONG with the ICT 2022 entry model.
* Targeting the Asian BUY SIDE LQ.
-This would be an ICT JUDAS SWING SET UP
* Overall target will be the SWEEP OF THE HIGH.
* + RSI DIVEGENCE CONFLUENCE
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA DAY SESSIONS TRADE
My today's view on SPX500 FutureHi Traders,
This is my view for today on ES
Ok, the micro-structure. Is aligned to the macro one from are 4050. There is one more GAP to fill around 4080 area.
Today’s target is 4090 and could be reached directly during London Session or (better to me) by a liquidity grab from 4057 or Asian Session High Level.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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