Orderblocks
P2P | Deep Dive Into My SetupsHello family! Sending you all love and light today.
So I wanted to do an in-depth video about my style of attacking the markets now. I unlocked a new way to view my trades and I believe it just leveled up my confidence a TON!
So I will keep this description brief and go along with the day.
Thank you guys and gals, lets keep making it happen on trade at a time!
USDCAD Analysis for the week of Oct. 16In this presentation I highlight my analysis for USDCAD. Currently price is reacting pretty strongly off a long term Weekly Bearish Order Block. Which in my opinion could be the perfect storm for a price reversal. Price has already reacted from a longterm Weekly -FVG, and has since traded back through it seeking higher liquidity. Please check the video out for more detail of how I plan to handle this current market condition. Bless.
SPX top down short 9/29/22So far we've rejected the weekly high and pushed down into the LTF points of interest. Going into the premarket and NY session I'll be looking for signs of rejection to return to the upside or a continuation of the overall trend.
Mostly favoring a neutral to bearish point of view on this but I don't mind reacting on movement to the upside for a buy if the level 2 data confirms it
Nasdaq Setup 4hr: Bullish momentum, as we can see price creating HH and HL's.
1hr: We can see price moving bullish. We do see change of price from around 12300 moving bullish.
30min: We can see price suddenly shot to the upside. Price is being induced into the market therefore leaving an Order Block.
15min: A refined Order Block, clearly showing how price has reacted from that area of interest.
5min: On this chart we can see an Order Block has been created inside of our 15min Order Block. This is a confirmation that this Order Block could serve it's purpose. We just need to wait for price to return to these areas before we take trades.
Overall, I will be waiting to see how price reacts to my significant areas and levels before deciding to take trades.
We are ideally looking for Bearish opportunities , but Should price decide to move in the opposite direction... We are ready to take part in that opportunity.
EURCAD Analysis and Trade IdeaAdjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.