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Wyckoffdistribution

GBPUSD Downward Correction | Market outlookSterling declined against dollar on Friday as strong jobs report boosted greenback across the board. Labor Department statistics showed U.S. job growth rose solidly in July amid demand for workers in the labor-intensive services industry. Nonfarm payrolls increased by 943,000 jobs last month after rising 938,000 in June, the department said in its closely watched employment report. The British pound fell nearly 0.4%. We will likely see possible movements downwards before Bullish trend continuation.
Short
by DynamicCapital-FX
XAUUSD | Market outlook Gold prices are showing moderate growth during the morning session, returning to an uptrend after multidirectional dynamics the day before, which did not allow XAU/USD to consolidate at new local highs since August 6. The instrument was pressured yesterday by the massive growth of USD across the entire spectrum of the market in response to increased alarming sentiment regarding the new strain of coronavirus. The strengthening of USD was not prevented by the weak macroeconomic statistics from the USA on the dynamics of retail sales, which only contributed to the risk-aversion of investors. Additional pressure on gold quotes was exerted by a decrease in the yield of 10-year US Treasury bonds, which renewed their two-week lows the day before.
FOREXCOM:XAUUSDShort
by DynamicCapital-FX
EURAUD - SHORT - WYCKOFF DISTRIBUTION AND DAILY SUPPLY ZONEEUR/AUD looks bearish on the Daily timeframe, when scaling down on the 4hr timeframe you can see the potential for a Wyckoff Distribution occurring. It looks as though we are entering Phase C of the Distribution and the potential for a UTAD to form. Further confluence is found in the long term downward channel, a false breakout would tie into the Wyckoff analysis. At the top end of the channel resistance is a strong Daily supply zone (in yellow). This occurs near the 61.8% Fibo so provides further confluence. I would look for price action confirmation either within the Supply zone or near the top of the channel, both would be taken as the UTAD formation and I would then initiate a short trade.
Short
by BullBearBlair
distribution price cycleThe distribution phase is the third stage of the cycle and it is where the bears are attempting to regain authority over the market The price action on this chart at this stage is flat. One indication that the market is in the distribution phase will be the sustained failure of price to create higher lows/bottoms on the chart. The price action begins to create Lower tops which is a sign that the market is experiencing a sell off When trading stocks during this phase the composite operators are selling the shares they own.
FX:XAUUSDLong
by keepupwithki
1
Smart Money Concepts Diagram With Wyckoff SchematicsThis is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics. These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Wyckoff methods teach a bigger picture view of the markets and why they are moving, many times you will see smart money setups inside of bigger picture Wyckoff schematics that form certain parts of the schematic itself. I hope you find this to be a useful reference diagram for Smart Money trade setups 😁 If you have any questions please comment below and I can make updates to the F.A.Q.
BITSTAMP:BTCUSDEducation
by renegadeforex
11
EURUSD | Market outlook EUR shows mixed trading dynamics against USD during the Asian session, consolidating after a strong decline last Friday, which was due to the publication of a strong report on the US labor market for July. EUR continues to trade near the local lows since April 5, waiting for new drivers to appear on the market. However, today there will be few interesting macroeconomic statistics from the US and Europe, and therefore the "bearish" trend can be further developed. Anyway, the data released in the United States reflected an increase in Nonfarm Payrolls in July by 943K after an increase of 938K in June. Analysts predicted a decrease to 870K. The Unemployment Rate in July fell sharply from 5.9% to 5.4%, while investors had expected a decline to only 5.7%.
Short
by DynamicCapital-FX
2
BTC Pullback? What a run for Bitcoin the last couple days! Really loving in. But as we just created a higher high, took out some of that buy side liquidity and starting to see some distribution at these highs on seconds charts, I have set an aggressive low-risk entry to take back some of that liquidity that was formed on that massive push up. Normally I would like to see more confirmation before entering a trade but I have this feeling that this may be a quick move down, even if Bitcoin looks bullish as hell right now. But like I said, low risk trade to see if this plays out. Looking to see Bitcoin come down in the coming days to grab some of that downside liquidity around $38.5k before the next push up. Regardless as this is a risk trade, I will set break-even on this trade as soon as it breaks some structure to the downside, if it does. If this gets stopped out, I will reevaluate and potentially look to reenter, assuming it doesn't shoot up from here.
BINANCE:BTCUSDShort
by AfterlifeTrading
Gold prices under pressure | Market outlookGold prices show a rather active decline during the Asian session, developing a "bearish" signal formed the day before, when the instrument was pressured by the growth of US Treasury bond yields and expectations of a tougher position of the US Federal Reserve on the reduction of existing stimuli. At the same time, gold ignored the fact of the decline in USD, which is awaiting the publication of Friday's labor market report for July. Among other things, analysts expect an increase in new jobs in the non-agricultural sector by 870K after an increase of 850K in June. The unemployment rate in the country may fall from 5.9% to 5.7%, which may be a signal for the regulator to start reducing the existing incentives.
FOREXCOM:XAUUSDShort
by DynamicCapital-FX
3
USDCAD | Market outlookThe Canadian dollar weakened slightly against its U.S. counterpart on Friday, but ended a volatile week higher as investor sentiment improved and a preliminary estimate showed Canadian retail sales rebounding in June. CAD weakened 0.1% per greenback. For the week, the Canadian currency gained 0.3%, after three straight weekly declines. Canadian retail sales dropped 2.1% in May from April, Statistics Canada said, less than a 3.0% decline forecast by economists. We will likely see bearish trend continuation in the following sessions. It's recommended to sell on the rallies.
Short
by DynamicCapital-FX
1