My thoughts on gold 19th Dec 2022It's that time again, the holiday season when price becomes sluggish and unreadable. However, I see a void in price upwards that might be filled by gold up to the bearish 2H order block that might serve as supply zone to take price bearish. To me that's also a safe area to take shorts. THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. APPLY PROPER RISK MANAGEMENT
Scalping
Short term look on USDJPY 16/12/2022As Orderflow currently presenting on the chart, we can see the demand has taken out our current supply, so we're short term bullish, thus the move happen after mitigating the 4h Demand.
I'm now expecting some sort of liquidity form during in Asia Session and expect to long at 136.2-136.4 to 139 (the most recent Supply that put we to downtrend).
The 136.2 demand is valid because it clears out Liquidity from buyside and sellside, left imbalance and good momentum. Last but not least, It's the demand that clears out recent supply.
Hope you guys have a great trading week!
bitcoin, h1 - found liquidity ?in a possible further move down we might find a liquidity zone. the marked zone serves as a reference. possible long setups can be sought and entered below the current low with an appropriate reaction. confirmation of this can be obtained from the footprint and/or DOM.
-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
DXY 15th Dec 2022 short setup updateOne of the things I've realized in the years I've used this strategy is that price will 98%+ of the time respect my entry zones even though go in my speculated direction. When you see that happen it means that such zones are special and are also known to the market makers. Price has been consolidating at the supply zone I identified yesterday on DXY but it's not showing impressive bearish momentum so I'll leave the decision with you. That is to either close or keep holding. I also want to thank you all for following me and helping me increase my reputation on TV.
Bitcoin Day Trade Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $17,810 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $550 - minimum expectation $250.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Thursday. But we can see a fast spike up to 18k at anytime prior.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
BTC long @ 17,350 10x leverageAfter the FOMC meeting sentiment crashed in the market as Powell confirmed that rate hikes are "planned" to continue throughout 2023. We will see if this actually happens.
BTC dropped from 18,300 by over 1,000 USDT. I am currently entering a scalp long position as we currently have heavy support and the 1 and 4-hour 200-day EMA's and I believe we may enter a reaction rally in the major pocket of support I have drawn in green. We will most likely retest or last area of resistance I have in red.
I may continue to add onto this position as time goes on, but like I said. This is the area a reaction rally could happen.
My thoughts on DXY 15th Dec 2022There's quite some bearish momentum on DXY and although FOMC issued hawkish statements to try and jawbone the dollar into strengthening it's most likely that the USD will continue bearish though not in the long term. Price action in my perspective agrees with a bearish dollar
US100/ NASDAQ LONG IDEAThe price action as a scalper is playing out very bullish creating a triple bottom on the 3 m and 1 m timeframes. We also just got our first EMA cross since the previous bearish move. I see Nasdaq going to 11700 before tomorrow.
strong resistance level on the round number. Good entry pointThe asset is traded on volumes. The price approached a strong resistance level on the round number - $ 1.2. We can observe periodic flashes of volumes that ended in shadows, which indicates the weakness of the buyer. An inclined level in support has formed, we shake it. I expect a breakdown and movement to the volumetric level of POC - 1.135$
My thoughts on gold 14th Dec 2022Gold has a high volume and momentum bullish candlestick that was caused by yesterday's core CPI news. With the momentum candle having broken structure upwards, I think it's most likeley that price will continue bullish at least to run the engineered liquidity above yesterday's daily high. NOTE: BE CAREFUL OF CRUDE OIL INVENTORIES AS THEY MIGHT NULLIFY THE SETUP
5 factors to consider before doing an entryLosing is part of the game and the earlier you accept it the better it'll be for you. However, you shouldn't just lose. You should try and become as profitable as possible and all your losses should be clearly calculated and expected but not hoped for. That way the loss will not weigh down on you and affect you psychologically.
We had some nice setups!We had some nice setups from last week that moved well this week like this one on Nasdaq. All TPs hit
NZDUSD 15 MIN SHORT TRADEHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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NZDUSD
Multi-timeframe analysis
15 min (entry timeframe) : NZDUSD has broken the Ascending channel and now at retest level.
Wait patiently for a Strong Bearish candle and We could see Downside continuation movement.
Thank You !!!!
Nasdaq buy reentry on 3HUS100 broke structure upwards and there are still imbalances that need to be filled upwards. So I think that it might retrace to the price above which it broke structure, that is around 1162 - 1160 and buy off from there at least up to the current highs at 11826 where a run on engineered liquidity might happen. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. PLEASE APPLY PROPER RISK MANAGEMENT
Gold 3H sell update (posted on 5th Dec 2022)We had this 3H gold sell setup on 5th Dec 2022 that had failed to activate because price was in a rush downwards. So last week the setup activated although it rallied a bit higher than my expected entry to take sell orders at around 1805.80. However, the stop loss wasn't hit and the trade is still active. Let's see how it goes. ALWAYS APPLY PROPER RISK MANAGEMENT.
Large limit order in order book. Time to sell!A local level with three approaches has been formed. On the round number 0.88 in the spot order book there is a large limit order.
I recommend going in on the acceleration of prints in a glass and in the corrode of density on the spot.
Last week's DXY sell entry updateIf you've been following my setups then you probably saw this DXY setup that was most likely to sell off from a break of structure supply zone. However, since it didn't further break structure last week, it rallied a bit to run last week's short term highs. Let's wait and see how much lower price action will drop. Though with how price action is playing out, it may not drop as much and might only get to the 4H order block at 104.25