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OB

Gold. Its OB, And more importantly where its CHoCH? 9/Sept/22Gold. As a “contribution” to tradingview ( many thanks to tradingview for providing such a good free charting platform) community ( Today I’m going to share my own interpretation of OB ( order blocks), and most importantly where is the “exact “ location/pivot/level of CHoCH ( change of character)?. A concept with BOS ( break of structure) which has been used by advanced naked/ Price action trading traders without any indicators. . It will cut “novice traders” learning curve from 3-5 years even 10 years where they are searching for “holy grail “ trading system/indicators..The biggest question for this concept of trading will be “where” is the exact location of CHoCH? ( change of character = change of “previous underlying trend” )..The “ANSWER” is! = at subwave b of any last leg of impulsive wave which is wave 5. < p/s unlike conventional Elliottwave rule there is ONLY abc subwaves “inside” any impulsive wave..> Last but least many thanks to @makuchaku and @Efe for coding the such a great “super OrderBlock..” script/ indicator which help us/traders to “visualize “ where is OB, FVG Although we still need to find where is “CHoCH” “manually”..
FX:XAUUSDLong
by SteveTan
1
EURUSD to the Ground, DXY to the Moon!I've called out stronger Dollar for months, and all targets have been reached. Go through my old posts to see previous markets being called out. And now, lets do it again... :) DXY ANALYSIS: Interest Rates: The FED just raised the Interest Rates from 1,750 % up to 2,500 %. That gives us a Long-Term view on how Banks and Institutions are positioned in the marketplace. The Interest Rates Market is the biggest and most important market, so that's why we follow it. It's like the father of all markets, whereas the forex market, stock market, futures market, crypto markets are its kids. Bonds & Yields: The Bond Market is inversely correlated with DXY. Bonds just rebalanced and fully filled its Monthly Premium FVG. The Monthly candle also closed below a Bullish candle, and that Bullish candle should act as an OB for price to remain below. If Bonds are poised to go Lower, Yields will increase. And price chases yield. I'm seeing the US30Y Yield reach up to 4,0 % and then potentially up to the equal highs at 4,852 %. So in short: I'm Bearish on the Bonds, and Bullish on the Yield - which both indicate that DXY will go higher. Commodities : Using the Gold Futures chart (GC1!), I'm expecting the Equal Lows to get taken out to at least around 1680. If Golds go DOWN, DXY will then go UP... (I didn't include the Bond Market/Yield, nor Golds in this chart as it took up too much space on the chart. Go to your own chart yourself and you'll see what I'm pointing at in these markets). DXY : On DXY chart, next target is a FVG where we might see some sensitivity, and should it get breached to the upside - the next target for DXY is the Equal Highs (they also have a LRLR signature, meaning itæs easy to go to and through them). 123.00 looks like a good area to sweep. I'd be content with that. ------- EURUSD: Obviously, EURUSD and DXY are inversely correlated. So when one goes up the other one goes down. So again, I have a strong bias for DXY to go UP, which means EURUSD should go DOWN... Nice Sellside Liquidity Pool at 0.83540. I wanna see it sweep and reach down into 0,8000. As of from today where price currently is, I have a 2100+ pip target for EURUSD. ... So travel to USA before it's too late when the Dollar is super expensive lol
TVC:DXYLong
by Bastianelton
1
#analysis 73 - Run into the weekendSo now we had this breakout of the range. As usual, won't do much on the weekend till Monday range forms. As the price hangs in the middle of two liquidity pockets, I don't have a bias now. But from the Fibonacci extension the target is still far down. So maybe it will run to the bottom to H1 liquidity pockets down below about 18.5k - 19k. But for the upside bias, I think only if it ranges for a short period of time here or below, will it run up. For this I look forward to shorting at around 21.6k. It depends on the PA in near future.
by p3nchan
#analysis 59 - Weekends endSo the weekend has finally come to an end, and we can see there's not much altcoin flied far. Now Bitcoin has come to a consolidation phase. Not pretty sure how it go, so flat now. But I did check the chart of FTT. It seems that pretty good if we reach the lower part inside the range. Look forward to going to the range high if we made a bounce down below. However, the SL should be at around the range low, not below the OB for safety. Why? The range low has already tested for 3 times, which is not pretty good for general cases. Also, now not pretty sure how Bitcoin go in the new week. We'll set it when Monday ends. So let's take a rest for another day.
F
by p3nchan
Possible Idea for Short and Long ETH/USDTThis is another test of an idea using order blocks. Bearish and Bullish Order Blocks are marked. Think Ethereum must correct more before going up too much more or it will be an epic failure. I would never buy Ethereum at this price so why would most other people? For this uptrend to be resumed iit needs to finish the correction. Here is kind of how I see it playing out. I was looking at the locations of the order blocks and this is what I cane up with. Those two lines are very old and seems to be important here. Since the top trend line has been a point of rejection multiple times, it seems to me that its a good place to short to the bullish OB. Those line were there from way earlier when I was finding where another breakdown was going to occur. You should be able to see the origins. So shorting to the Bullish OB makes sense. Then longing there to the next high and use TP using the VP. There is the potential that it could go straight down through the block and continue further, It could also just got to the order block from where it is now, if so missed trade not a big deal. Again, this is just an idea/experiment part of a series of tests I am working on for a new strategy and possible indicator. I am using many other thing besides this to design this trade idea. I use a MM Matrix, Live Order Book data, Liquidation Levels, Volume Analysis, Foot print charts and a different charting software. I have done my best to get the data here and make it work on time based charts but I work more with range charts I am not trading this just seeing how it plays out. I have a fair amount of confidence it will be close to how it goes. One or both trades should work out. I would have larger stop losses myself but these make sense if my idea is remotely correct. -NFA, Not live trade I am doing, experimental trade but think concept is sound. Lets see. If you haven't noticed I am in search of something different. I hate following so I always look for different things or opportunities. Some work, many don't. I still trade my regular trades but am just posting these for feedback and heck maybe someone sees something they like and it makes them good profits. I certainly hope it helps someone.
by Z3R0-G3N3S1S
AUDUSD Monday Analaysis Update, Bearish for Equity Open EntrySo it took the buyside liquidity high as you can see, we are still in the 4H OB, and we can see the bearish momentum and the inner Break of structure in the 5M Timeframe. if you are fimiliar with ICT Model you can apply it now we are targeting the 2 liquidity lines as seen, SL will be moved to entry and partials will be taken upon the first Liquidity line being hit, overall really confident with the analysis and i will be taking the trade in the inner small timeframe range, enter at the EQ ( 50% ) and Sl above the high and target the liquidity lines.
Short
by Mando_
5