Get started

Liquiditypool

COPPER time to buy? Bull-Steam Ahead! COPPER: After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. Definitely not a time to be selling. Look for corrections on smaller time frames to go long. Hope that helps :) Trade with care folks! ~Price Action Nation
OANDA:XCUUSDLong
by PriceActionNation
ALL GAPS FILLED ON BITCOIN CME FUTURES: EASY MONEYSince futures trading began in December of 2017, no gap has gone unfilled in the futures trading market. To me, this could mean one main thing - Institutional traders are in fact here, and they are winning big. They are hedging their spot positions in BTC with options to guarantee profitability. Whether or not my interpretation of this theory is true, the fact remains that price has gravitated back toward any liquidity gaps that have appeared in the BTC futures trading. The maximum amount of time for this phenomenon to play out has been 1 month. It is Sunday and Bitcoin is dropping. If it closes Sunday below $3500, a significant gap will have appeared. A trade strategy here could be going long below $3500 and waiting for the gap to be filled at a later date.
CME:BTC1!
by scottystu
USDCAD SHORTX marks the Spot. For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000. We may experience some BUYing around the 1.32900 region. I expect this to be short-lived. For a Bearish Price Action, I will be looking to open a SELL position at 1.38000. 1st Target at 1.27800 2nd Target at 1.25400 3rd Target at 1.22400 4th Target at 1.20700 I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
Short
by TradeAce
COPPER time to go long. Bull-steam ahead!After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. Definitely not a time to be selling. Look for corrections on smaller time frames to go long. Hope that helps :) Trade with care folks! ~Price Action Nation
OANDA:XCUUSDLong
by PriceActionNation
Liquidity Pool / Stop Loss Explanation POE SignalA group member had a question about why the stop loss was "so low" being 23% under the buy price. The reasoning is you need to avoid the liquidity zone, where price could easily be pushed. The purpose of our stop is to exit the trade if its no longer valid (not get stopped out only to see a pump happen afterwards). This could be another accumulation cycle, so we want to ride out the potential for a dip. As normal traders we normally dont have to deal with extremely large positions. But the whales/institutions who do have to think about liquidity very differently than you or I. Order flow intersections are what they look for. They have to go TO the liquidity - which is many times where people end up placing their stops. They cannot simply accumulate or distribute a large position whenever and wherever they wish. Rather, they must look to those levels where liquidity is aggregating, and stops are helping them in an indirect way. Without a Support/Resistance Finder (SRF) to help you, you can also/alternately use a volume profile as shown. SRF auto plots the S/R lines for the current range (all the horizontal dashed red and green lines are done by SRF). You want to place your stop BELOW where the liquidity is likely located - and also where your trade idea is invalidated. In the opposite sense there is a liquidity zone above as well. Many times you will see price probe the same levels over a few days. This is testing the resistance and seller appetite. You can see this here in the 210+ area as price has been probing the upper resistance.
PEducation
by theheirophant
1