USDCHF, ShortGood morning ladies & gents,
This is a re-entry of the previous trade idea that was outlined yesterday. Let's see if it's ready to move down today. Looking for an entry on the retest of the M15 Breaker Orderblock.
Stophunt
DAX 14775.52 + 1.23% SHORT IDEA * PRICE ACTION & STRUCTURE BASEDHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DAX INDEX.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
some rules on exits & entries hope they help.
1. look at structure be it descending channels, pennants and so forth basically price action whats price doing.
2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator.
3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term.
4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based
5. price action must definitely align with the plan.'
6. structure definitely
7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
That's basically entry & exits plan basic guide lines
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
EURCAD LongGooood afternoon ladies & gents. After stop hunting past the previous D1 lows. Price has presented us with a bullish structure allowing us to take an optimal trade entry where price is currently sat.
Looking to scale out profits at these two key points as well as a few others on the way up.
Very high RR based trade.
STOP HUNT ALERT! Chart Awareness & EURUSD | 1.2020 is a hotspotI said two weeks ago we may get a trap move the first week of March. Keep in mind it is NFP this week as well. 1.2020 has been such an active spot over the last 30-60 days for EURUSD. Check my prior posts.
At the moment I don't have a bias on EURUSD and I will most likely be sitting out today, I want to see more behavior from price. If I had to choose a side I am still bullish until 1.1980 breaks.
I feel like what the market is presenting right now is a great opportunity to practice chart awareness.
You'll see that we had a completed head & shoulders last week, it broke out, and quickly reversed. I think we are going to make a run for these trader's sl's. The pattern was very obvious so many traders were eager to go long.
NOTE: These stop losses would be sell orders, since the breakout traders were long.
If we hit these stop losses by Tuesday we will have a double top pattern forming, this will trigger more traders short...but don't forget NFP is around the corner.
I think this could be a great opportunity for a market maker to buy up orders at a discounted price. The double top trades would also be SELL ORDERS
I don't have enough money to move the market, so just because I think this is a good chance to buy, doesn't mean it is, I need to see the actual market markets get involved, I only attempt to mimic them.
1.1980-1.2020 is a buy zone I'm watching.
IMPORTANT NOTE: February also broke Jan's low but failed to close below it on the monthly.
GBPJPY - Stay BuyingStop fighting the trend, price will come and wipe out the supportive buyers before continuing its rampage to the upside.
I expect the price to bounce from the levels marked before creating new highs.
Sentiment Data - 69% Selling
EURNZDNoticed a stop hunt and placed a liquidity zone where stop hunt occurred. Now looking for a retest of the zone for a short term bearish run. Looking to take profit at previous support.
USDCHFLooking at a stop hunt and waiting for a retest of the liquidity zone. Looking at a short term bearish run after explosive, bullish momentum. Looking to take profit 1 at first arrow, moving my stop loss to break even, and then taking profit 2 at second arrow.
Fall of GBPUSDExpecting price to drop to first, smaller arrow at minimum. Hoping it reaches second and third arrow to fill in the imbalance.
XAUUSDI'd like to see price close inside that zone and push upwards towards my horizontal yellow line
AUDSGD short setupAUDSGD after trade hitting breakeven, market has gone for a stophunt for the second time collecting the liquidity from the short sellers and also inducing buyers into the market, now we have closed back below the descending triangle and the W formation on the daily timeframe can easily still be completed at the neckline, if we close back below support we will re enter on the retest.
BTCUSD Breakout and what I saw to know toi get in at 39,475Looks like wave 2 is getting done and we are in for some exciting stuff this week!
USDCAD - Support Hunt & FlyWe are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted.
I would like to see a push below support into the liquidity pool marked before rejections to the upside.
We need to monitor the DXY constantly to see whether or not this move will be valid next week.
Major correction coming soon for Bitcoin?We see that Bitcoin is trading in a range since ~ 8 January.
What is this chart showing?
- There was a shift in Market Structure at the 10th off January
- After this shift we saw the Lower-Low
- I see Equal high's, those should get hunted (imo)
(My) Conclusion:
I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point for Bitcoin. Price could easy visit $25000 region (FVG). Price could also drop lower to test broken levels that are (STILL!) untested.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
Price consolidating, looking for break of support stop loss huntWe price channeled last night, with a little push and pull back.
After several dips being bought up, great opportunity to hunt the STOP LOSSES to help load up in the low 3 cent range.
After taking out weak hands, look for the push to new highs.
Buy the DIP opportunity, or adding when we test resistance could both be viable strategies.
$AMC longs demoralized? Flush complete, time for next leg up?Very often it is only after the longs have been liquidated, after being completely demoralized when the last and most obvious support ($1.95) could not hold, that price can begin a new up leg. We shall see.
GbpUsd end of week pullbackWe see GU has completed three level three day cycle now we should see a multi session M form for a good sell to end the week. Look for the M to form near the extended stop (red) box.
EURUSD - 2 Step ManipulationThis is a perfect example of 2-step manipulation which i explain to my members. We have 2 liquidity purges and I would now expect some downside momentum to kick in.
GBPUSD - Mission CompleteAs shown in the related idea below, the liquidity purge that we expected has now completed, this opens up the possibilities of a potential sell position. I will be looking for a substantial crossover of the structure before I consider my sell, my SL will be placed at the SFL level marked.
Sentiment - 52% Long
GBPUSD - Soon to DieGBP is due a shift in momentum but I think it will come at a price. I doubt we will see a steady drop off from here, I would expect a wick up to stop hunt before downside continuation.
Sentiment - 55% Buying
GOLD US SESSION 15M SCALPRules for Bullish/Bearish Reversal
1 - Pin Bar - Hammer
2 - Stop Hunt Wick
3 - Low Bear Engulfment
#3 Lowest Bear Candle
Break High for Reversal
Break Low for Continuation
#3 Highest Bull Candle
Break High for Continuation
Break Low for Reversal
