Fx
ETHUSD 29/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
AUD/CAD short idea behind this trade, is a continuation of lower lows, entry will be dependant upon a break of support 0.89850 looking to hold a longer position until 0.89400 looking at two half lot size positions one tp set for a day trade and the other holding for most likely the rest of the week, stay tuned and if the rejection happens on support be ready for a Long position but have a point mentally where no entry is placed until that.
EURUSD 24/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
BLACK/WHITE LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
"EURJPY moving as expected" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the Resistance Zone.
- Price broke the Ascending Trendline.
- It reached the first target on the Middle Support Zone.
- Now, it has potential to continue its down move towards the Support Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
GBPUSD - Cautiously buying a dip (today only)GBPUSD - Intraday - We look to Buy at 1.2392 (stop at 1.2357)
Broken out of the wedge formation to the upside. The formation has a measured move target of 1.2784. The medium term bias remains bullish. Bespoke support is located at 1.2392. Daily/Weekly Ichimoku Cloud support is seen at 1.2399. Expect trading to remain mixed and volatile. Intraday signals are far from strong.
Our profit targets will be 1.2505 and 1.2780
Resistance: 1.2505 / 1.2770 / 1.2784
Support: 1.2392 / 1.2139 / 1.2112
Is the EURUSD set to come under fire from sellersThe EURUSD came under pressure overnight after some disappointing data out from Germany which cements expectations for a more aggressive ECB. I expect to see further pressure on the pair as price moves from a strong OfferZone down to a BidZone around 1.0930. Would expect a few buyers to be trapped before a shoulder builds the sell entry setup.
USDJPY continues to struggle The USDJPY in under pressure off the highs so we expect to see the move continue lower. There is a lot of fuel (buyers) stacked up and ready to feel the pinch when the action turns sour. We expect to see the current anchor at 107.800 hold and sellers to pile in and extend the move down.
Sellers primed to continue the AUDJPY trend lower
The AUDJPY has been on the hunt for support for a while now and we see the potential for sellers to continue to march to our BidZone around 58.000. This would mean the pair has fully extended the first leg down off the highs around 104.000 which is when we expect a reaction from the the buyers to put the squeeze on the sellers built up on the way down. The chart is of the weekly trend which is well and truly entrenched so best to look to the lower timeframes for refined entries with defined risk.
GBP/USD - MOMENTUM BUY TRADE (Details below)My details
(1) Entry @ 1.23950 (Buy Limit Order)
(2) Stop loss @ 1.23230 (72 pips)
(3) Target @ 1.25830 (188 pips)
(4) Reward:Risk = 2.61:1
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.