GBPUSD 11:28am GMT Update Risk to Reward of first Entry 14:48 = GOOD 1:3
Risk to Reward of second Entry 9.7:78 and ongoing = GOOD 1:9
Still Heading Towards the 200 - 500 Pips Mark :)
Snipertrader
GBPUSD BUYFirst Entry Zone Has Been Triggered At A 0.2 drawdown looking for a potential 200 - 500 pip move
GbpAud Long IdeaPlease go and find an entry on the lower time frame for a smaller SL.
Enjoy the ride.
AN Long IdeaOn the monthly time frame we can see the Orange line (Retial Support) has been respected more than 3 times. Price has broken through this support level to take out retial trader that entered Long posoitons at the support area. We could see price head back down to the sniper zone (Marked in purple) to take out any eary retial long traders and then head up in the inteded direction.
EJ LongWe have this retail support zone where price broke through previously. We have this retail head and shoulders pattern forming on the lower time frames which retail traders will be watching. Price should come down towards to he sniper block (Marked in pink) and then in the intended direction. This will be grabbing retail liquidity so the institutions can get in at better price.
GU Long ideaAs you can see we have an order block (Marked in purple) where retail trader were trying to sell at the resistance area. Instituations then ran price higher and trapped these sellers. Price is now coming down to retest that order block. So we could see them keeping price above this order block
GBPNZD Short IdeaAs you we can see price has come back up these previous highs (resistance level or zone). Price formed a head shoulders pattern just before out entry and a sniper entry zone.
GBPCAD SELL IDEAmarketing setting up for a potential see probably at London Open.
- Liquidity Created
- Clear target
- Break of structure
CADJPY Going UpThis is my analysis. Enter at your own risk. From D1 you can see the clear picture of the potential direction of CADJPY. For now i will be focus on long on most of JPY pairs.
For CADJPY, if you go to lower timeframe like H4 or H1, wait for price to breakout from the above blue zone then you put your buy limit in the blue zone. Why? Because my prediction is the price will retest back inside the zone and fly up again. This is how you get a sniper entry. Easy.
USDCAD Analysis / over DXYBased my earlier analysis off of the expected U.S unemployment release and Caught a cool 100+ pips on a sell stop off of price marking down to the 1.4000 lvl. Expecting price to maybe mark up to test the bottom of that 1.4200 price zone then sell off. Overall , I'm seeing price headed to the 1.3800 lvl. along with the DXY heading down .
#Easymoneysnipertrading
EURCAD example of institutional trading I looked on institutional candle that I marked up.nice retest and than going back to take out all sell positions
Sniper entry and than going about 270pips in profit
GBPCHF short-term buy on 5min TFRetest on institutional candle that I mark up and bounce up to 200pips
USDJPY SHORT-TERM buy Im looking for short-term buy on USDJPY in correlation with DXY on DXY I expect pullback on both
CHFJPY NEW ENTRY DAILY TFNew entry on 1day time frame waiting to bounce off of institutional candle
If price takes out double top im canceling order xD
