hello traders this pair like to blow people out high and low stop run so it needs more attention trading this pair i have posted the possible move comment down and follow if you want to learn this kind of trading style .....risk management is very important guys wish you best of luck
After hitting the big round number 1.10 EURUSD is looking for Sellside Liquidity. For the next Weeks I am expecting EURUSD to gravitate towards that old low. Interesting how price reacted to the Weekly opening gap, which I outlined in my last posting as magnet for price - thats right there is the real support and resistance area.
Looking at a first push up on USDCHF yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the downside to collect more orders and clear imbalance before another move up.
Looking at a first push down on the NZDUSD yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.
Looking at a first push down on the euro yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.
Price broke through my upper level yesterday where i was looking to short at first.. Now looking at a re-test of the OB and a potential continuation ? Lets see what presents today..
Looking for price to fill liquidity after running stops above the previous high. The FED Jackson Hole Symposium should give some momentum to the market place.
SMT + 1 STD + DOP + BMS/RTO + stop run for model 10 + Breaker let's see
DXY broke the equal lows in discount, didn't really get to the next PD array so I'm waiting for a small bearish move to start the week If dxy respect the daily Orderblock price might spike to the 98.82 area
Break in market structure happened yesterday + Wyckoff at the old low Expecting a RTO during the news to sell again
News can give a pullback and a new entry for the sell to the old low
Quick Analysis of the PDarrays for the upcoming week
Analysis on DXY for correlation with GU and EU
I am still bullish on Gold. Will be waiting for price to offer a discount before i look for entries. Looking around the 1400 figure for a swing low to form, then i will be looking at entries long
See my weekly analysis on this same pair for the bigger picture backdrop. Would like to see the market take out the lows, making a liquidity grab before taking off aggressively to upside.
Everyone and their mother is looking to short the SP500 today. Not me as we just ran the stops under that red line. I would be looking to take a daytrade once it trades above that blue box. If it stays under it sure we go more down. On the 1h is already showing signs of a possible retrace back and we got a 1h bullish RSI divergence to keep an eye on. So, in my...