Get started

Orderblock

EURUSD.... SEE WHY MANY PEOPLE LOST THIS TRADE... AVOID ITHello Traders, So today I am doing a trade recap on a trade I lost due to lack of detail. Note, in trading, after knowing how trading works, every thing comes down to the level of attention/detail you give to your chart. Detail, detail, detail... never forget. I have labelled the chart accordingly so your understanding can be seamless. But if you still need clarity let me know. I use my weekend to analyse why my trade won or lost. And this is an approach to trading that people should undertake. This should come after journaling your trade. The thing is, you will make mistakes, you will not see everything (detail) but continue. Reduce the number of pairs you trade, reduce the indicators, reduce the trendlines and every other thing... Your chart should be clear and easy on the eyes. I only look at 10 markets (the 7 majors and AUDNZD, CADCHF & EURGBP). I add the 3 crosses only because I want to have alternative for all the currencies excluding JPY. I don't use indicators (not saying it is bad but reduce it), I don't use trendline (because price is moves horizontally - unpopular opinion). When you have just a few pairs, you are able to understand the moves better and you can free your brain from analysing so many pairs. Just imagine using indicators, lines upon lines, and the market changes form... now you need to start all over again your analysis on all your multiple markets, looking at so many things. Trust me, you are bound to miss the obvious details not to talk of the hidden ones and its a lot of work. I am sure you must have experienced it. I am still very bullish on EURUSD and right now, I am not looking for an entry, I am waiting for a break of the 4H high then I will look for an entry which I will share on my page. If you would like to see it, all you need to do is click on follow. I will also link my previous analysis on EURUSD, AUDNZD, USDJPY Stay tuned for more. BR. David
Education
by jabariofafrica
4
GBPUSD LONGDOA -Killzone Time: 11:00PM CST -Session: Asian (Pre-London) -Time of Execution: 2:15AM -Date: 6/16/2022 -Day of Week: Thursday Entry -POI: 5MIN OB (No FVG Available) -Risk to Reward: 1:7.3 -Position: Buy by Market -SL: 20.3 -TP: 148.1 Moral -Change of Character on 2HR Chart -Bullish OB -Mitigated Daily FVG -Buyside Liquidity Equal Highs on H1 -Bullish Doji on Daily Results -Target Reached -Took Profits at 89pips (+4.1%) -GBP Bank Rate News released at 6AM -Price spiked down below entry then proceeded to take out Buyside Liquidity (EQHs) Lesson -You SEE what YOU SEE -You KNOW what YOU KNOW -Take the trade and don't look back -Don't seek confirmation from others -CHECK NEWS DAILY -HOLD YOUR TRADES DUDE!!!!!!! -Trust yourself..
Long
by officialbocaintommy
GBPUSD LONGDOA -Killzone Time: 8:00PM CST -Session: Asian (Pre-London) -Time of Execution: 12:00AM -Date: 6/15/2022 -Day of Week: Wednesday Entry -POI: 2HR OB -Risk to Reward: 1:4.65 -Position: Buy Limit -SL: 36.4 -TP: 169.4 Moral -Change of Character on 2HR Chart -Bullish OB -Mitigated Daily FVG Results -Target Reached -Potential (+4.65%) -Didn't take trade Lesson -You SEE what YOU SEE -You KNOW what YOU KNOW -Take the trade and don't look back -Don't seek confirmation from others
Long
by officialbocaintommy
USDJPY.... THE GREAT BEARISH MOVE... 800 PIPSHello Traders, I hope this week has been good so far... Well for me, I took a loss yesterday night on AUDNZD... forgot to close my sell order before the market closed... Price got to my sell limit and spread took me out... I was livid but it was really my fault... So lesson learnt...I am still monitoring to see if the short is valid and I can enter based on my trading plan.... We move. Now... USDJPY - a pair I have been monitoring closely. As at yesterday, I noticed on tradingview that people had already started selling. Do I think they are wrong? NO. Because if they are sell according to their trading strategy its fine but for me I feel the move might start by New York open today... so watch out. What this would mean is that, USDJPY will be bullish to takeout early sellers and we can then look for shorts on lower timeframes. Why am I convinced of this 800 pips move to 127.000 ? USDJPY is in a VERY strong supply region. I see this pair going to 115.000 (this is a longer term view tho). Like this post if you agree with the trade idea.. Follow for more. BR David
Short
by jabariofafrica
8
EURUSD...MASSIVE BULLISH MOVE... GET READY !!!Hello Guys, I have been monitoring this pair for some time and based on the market structure and price action, I think EURUSD is set to make the bullish move. First off, this pair has tapped into the monthly demand zone and also taken out whatever liquidity on the daily time frame that caused the bullish move about a month ago. Like I always say, the market must take to give. This is typical and is necessary. I have noticed that whatever impulse move up or down that breaks a significant high or low, price is going to sweep the liquidity that caused that move. This is understandable because, stop-losses are there, people have buy-stops there too and the ultimate one is, people that have identified a supposed order block to trade from. If you are interested in the trade idea, make sure you enter based on your trading plan. For me, I will look for an entry on lower timeframes. Some other pairs are lining up for a trade opportunity. Ensure you follow so that you do not miss out. The market is ever changing and people must learn to adapt. Like and follow for more. Cheers! David
Long
by jabariofafrica
2
[Bitcoin] Finally, the bottom is renewed.#Crack #Bitcoin #Binance #Daily - In the end, a bearish breakout of triangular convergence and a bearish breakout of the $28.1k important support line appeared. - In the medium to long term, additional drops should be kept in mind because the $28k line support has failed. If the long-term bearish Fibonacci extension level of 0.618 and the support near $25,890, where the lower end of the short-term bearish channel overlaps, succeeds, we can expect a short-term trend rebound. - If a short-term rebound occurs, we can expect an bull trend to the $29,800-$30,148 section, where the upper part of the key volume profile price is $29.8k, the long-term bearish rend Fibonacci expansion 0.5 level, $30,148, and the lower triangle convergence. - When a short-term rebound occurs in the situation where the $26,700 low is updated, if the above-mentioned resistance section of $29,800-$30,148 is broken and the $32,658.99 high is updated, the remaining June will not have a major direction, and we can be predicted a widening pattern or diamond pattern formation. - If the $25,890 support fails and goes down, you can expect support from the three large bids of $22.7k-$23.8k / $17.1k-$19.7k / $10k-$12.1k. - When a bearish trend is in progress, you must respond with the decline in the $10,909-$12,107 range, where the long-term bear trend wave Fibonacci Expansion Level 1 and the mid-term bear trend wave Fibonacci Expansion Level 1 are located.
by Tommy_Trader
2
AUDJPY.... WE ARE SET FOR A SHORT TRADEHello guys, AUDJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected that price will use this liquidity to create a complex pullback which I will use to takeout the previous weekly low. If you are interested in this short trade, ensure you go on LTFs to be get confirmation to enter a short trade once price hits the sell zone (red ellipse). Like and follow for more. BR David
Short
by jabariofafrica
GBPJPY.... THE PERFECT SHORT OPPORTUNITYHello guys, GBPJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected that price will use this liquidity to create a complex pullback which I will use to takeout the previous weekly low. If you are interested in this short trade, ensure you go on LTFs to be get confirmation to enter a short trade once price hits the sell zone (red ellipse). Like and follow for more. BR David
Short
by jabariofafrica
CADCHF.... BEARISH TRADE IDEAGreetings guys, I have come again to give you trade ideas and market secrets (mines ;)). CADCHF has been bullish for some weeks then we had the bearish retracement (impulsive). Currently we are bullish both on the daily and weekly timeframe. But... there is a but... Price has a monthly strong bullish bias but as I have noticed over time, it will not make this move unless it takes out liquidity (trigger stop losses). This simply means that we should be expecting a complex pullback to take out the daily low and have a proper retracement on the weekly timeframe to the actual demand zone. You will notice on my chart that I have indicated the reverse zones (the white lines) where price might continue bullish. Also, I have indicated where liquidity on the bullish end is sitting. If you look at my chart you will see a red line with the dollar ($$) sign sitting above it. That liquidity pool was created on the 1H timeframe (you can go to the 1H timeframe to see clearly). This leads us to notice that price has not tapped into the order block (marked with the red horizontal ray) that caused the impulsive bearish move which could mean that when price returns, it might sweep the 1H timeframe liquidity (as marked on my chart). If you will take this trade, without confirmation, make sure your stop-loss is above that order block zone. (This approach is kinda risky tho) Like and follow if you agree with my trade ideas so as you can see more. Cheers!!!
Short
by jabariofafrica
AUDNZD..... LET'S GO BEARISH???Hello traders, First off, like and follow for more. Also leave comments and ask questions. Now, AUDNZD has broken its previous high and seems bullish at the moment. My analysis on the monthly timeframe indicates a strong bullish move but the weekly did not retract properly and that means that it has set a liquidity trap which it needs to clear to make that strong bullish move. If you look at my chart, you will see the liquidity pool indicated. That is where I am expecting my bearish move to target. What I suspect is, price may go lower because, after driving price that low, it needs a strong place (demand zone) to buy from but I suggest that if this trade meets your entry criteria, you close out about 90% of your trade at the first profit target. This will protect your profits if price decides to rally from the first target zone. N.B: Look for confirmation on the 1hour or lower timeframes. Let me know what you think in the comments. Cheers!!
Short
by jabariofafrica
USDCAD.... LONG TRADE IDEAHello guys, I hope this week has not been so bad. Anyways, This USDCAD trade could be a nice one to close the week assuming price gets to my point of interest and checks my criteria for entry. USDCAD for me is bearish on longer timeframes like the weekly, daily etc. but why I am interested in this long is due to my understanding of the market. Which is, for price to go long or bearish, it needs to take liquidity and if you go on the 4H timeframe, you will see where liquidity is sitting (Just above my target exit). This is necessary and if you check this out during your free time, you will notice how the market takes out lows and highs only to continue to the same direction. For me, I think this is the reason why I have an issue with the order block system. Although, I have order block system integrated in my trading plan, I do not categorically trade off it and I implement it in only the higher timeframes like the daily and above. I feel the market movers are fully aware that people are now trading off order blocks that they tend to just go below the order block and continue in the desired direction. I look out for where people's stop loss could be, and liquidity pool (this can only be found below or above an order block which is perfect for the market makers). Always try to figure out why price should turn or continue. This does not mean order blocks do not work. I am just saying they are good traps for market makers if you do not know how best to use it. Let me know what you think about my trade idea and insights so I know if I should continue. Follow for more. BR David
Long
by jabariofafrica
Fresh Start MONTHLY Sell stops have been taken so we can expect higher prices now WEEKLY With previous week's rejection to the upside we want to see a bullish weekly close this week But the bias on the weekly is bearish DAILY The daily can relate to the weekly.. looking for the same this here H4 We have a break in market structure on this timeframe Price is trading within the 4H orderblock so we're going to drop timeframe now to find possible reversal points 1H We have our orderblock and invalidation marked on the chart as possible reversal points Now we wait for a proper break in 1h market structure to enter longs on LTFs tragetig at least 1.07650
Long
by fxsensei_
2
USDCHF.... SHORT TRADE IDEAHello traders, As you must have noticed, this pair on a larger view (monthly timeframe) is bearish, weekly timeframe seems bullish but on the daily, price is retracing from the bullish move. USDCHF is likely to take out the immediate low is created. You will be able to notice this on my chart as I marked it as liquidity. If price breaks this low, I will likely head to our second target as marked in my chart and likely reverse from there. Note: this is a daily time frame, and if you like this trade idea and will like to take a short trade, I advise you go on lower timeframes according to your trading plan and endeavor to consider risk management. Personally I use the 5min where I look out for price to break structure twice before is set my limit order. This helps me confirm the trade and gives me a better risk to reward. If you agree with my trade idea, like and follow for more updates. See ya in my next post. Bye for now. David
Short
by jabariofafrica
EURGBP... DUAL TRADE OPPORTUNITYHello Traders, EURGBP is set to be bullish long term (at least for 2 months) and the weekly timeframe has adjusted accordingly to take out the daily trendline liquidity. The only issue is, for price to go bullish on both the weekly and daily, it must first take out all the liquidity pool it has created. My approach is for price to go bullish, trigger the supply order block as indicated in my chart and go short to clear all the liquidity pool below. After which the weekly move will continue bullish (3rd trading opportunity). First, I am looking to go long (confirmation on LTF) on this pair once price enters my POI (white box). With my profit target at the supply order block where I will be looking for an entry to go short (confirmation on LTF) to sweep all the liquidity. If you like my trade idea and approach to the market, click on agree. BR. David
by jabariofafrica
USDJPY.... APPROACHING STRONG SUPPLY... GET READY!!!Hello traders, I guess you are gearing up for the market to open.... anyways, click agree if you like my trade ideas. For this trading week, I am watching USDJPY for a short opportunity. As you can see on my chart, I have marked my supply order block in which once price enters the marked region, I will go on lower timeframes to look for an entry. You will also notice that I have marked on my chart, the potential turning point for price. This turning points are where true liquidity lays its head. As for me, I am expecting price to sweep the first liquidity as marked on my chart but as for the second, I am not sure but I will set my take profit at the second liquidity pool and take partials after price triggers the first liquidity pool. Then move my entry to breakeven and monitor price to see if it completes the move. What do you think about this trade idea? If you think its nice watch out. I will be posting a trade idea on EURGBP in some hours. I just want to see its behaviour before posting it. So you can follow my channel to see it once I post. Bye for now. David
Short
by jabariofafrica