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..
SMT
Bearish Sentiment on the Dollar IndexMONTHLY
We are currently trading in a bearish orderblock on the monthly and we may see a retracement into that 96.000 area
WEEKLY
Nothing much to say here, there's a bearish orderblock within the monthly orderblock that I thin we may see price trade deeper before falling
DAILY
We can see price reacting to the HTF orderblocks. If we're going to come down now I want to see a sweep below 96.520 price level
4H AND LOWER
There's nothing much to talk about on these timeframes for intermediate term trades to me so I'm going to leave that.
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feel free to check out my analysis on BTCUSD below. Thank You.
XAUUSD Daily ChartHello, Traders as you can see price respected the orderblock at 1850 and rallied down to 1800. I was expecting fomc to be more volatile and for gold to rally up from 1820. However, that wasn't the case. As gold is entering a discount market Im waiting for gold to drop down into the Bullish orderblock and ideally be buying at 1880 which is a algorithmic level. We know the algorithm seeks the 20-50-80-00 numbers. I wish you good luck and good trading.
Quick intraday trade model long I took this trade after a recent high was broken and the market created an imbalance. i took my time to wait the market to fill the imbalance and went long I placed my TP on previous days high and SL on an order block.
it is Friday and there is only less time before the market closes this just for educational purpose
Short idea on EURUSD Euro Dollar has been in a downtrend, so this short would be pro trend, breaks of market structure on H4 and refined order block from H4 all the way down to M15. Additionally, the OB is on the discounted price of the 79% Fib retracement. Looking for a short once the M15 OB is mitigated
GOLD BuyThis is what i se happening on the smaller timeframe. After price hit our daily OB, i switched to the smaller time frame and i saw price formed equal lows and which was taken out then price broke the last structure (LH) and came back to test the last OB..that is the institutional candle. I took 50% of the candle for a buy. im targeting the last LH on H1.