Smctrading
US30 BEARISH IDEA This is just another sell idea ( yellow arrow ) following our entry ( previous post ) which is risk free and running at around 175 pips !!
Technical remains a strong bearish view --> expecting a break of structure very soon
Main target is the ( 4H ) demand zone !
Trade only during N-Y session and only if price is in the rectangle
KEEP FOLLOWING IF YOU WOULD LIKE MORE PRECISION TRADES ( 1 : 7 ) - ( 1 : 10 ) !!
the importance of InducementLots of Smart Money Traders usually trade Based on Structure and Order Block but in Reality Order Block is Not SMC . Order Block just additional Confirmation for buy or sell . when you look any order Block then dont trade blindly you have to wait for inducement or Liquidity sweep Clear Confirmation before buy sell on Order block . Let see how it work
CADCHF SHORTEven though we have a high probability chance of going short from this zone at 0.65280. We have seen how price has decided to deliver price bearish. On this zone on the 5Min, price has already mitigated the Demand zone and its set to go bearish from my analysis. See where you come in and trail stop loss when it breaks through 0.64930 for the potential target at 0.64704
Current GBP/JPY TradeRight now I am in a long GJ trade. The reason for this trade was the liquidity that was created with a bearish push towards a higher time frame demand order block. Additionally, a few more imbalances were created with the same bearish push. Once price reacted from the higher time frame OB i waited for a CHoCH and found my 5M TF OB from which i took longs from. Price hovered above and below entry before finally pushing towards the upside. I have already exited with one trade, and have another running, which i will hold towards the first imbalance.
XAUUSD BUYXAUUSD ( Gold ) has been trading bullish for a long time. Many triangle pattern are forming on both short and long term time frames. I am setting a position below the triangle pattern and expecting a clear retail stop. My position is based on news reports soon be released and a strong technical view on the market.