ELCapitalFX

ELCapitalFX

Price is failing to make higher highs, the last 2 weeks we were in the buy and made good money, what we can expect now is a retracement before the longs continue

ELCapitalFX

Expecting price to drop from this 4hour order block, we will wait for the 15min CHOCH to enter shorts so that we have a favorable RR

ELCapitalFX

With gold we saw a sweep during the CPI and price failed to close above the last swing high, it was then followed by a choch on the smaller tf which is our bias right now, to go down

ELCapitalFX

Hi traders, We are overall in a bullish phase with EURUSD, however we saw an internal choch when cpi news came out and for buying opportunities we need to see a correction down then look for opportunities.

ELCapitalFX Updated 

We are looking for price to reach a premium zone in order to fall, I do believe that are nearing that area to sell now, will monitor.

ELCapitalFX

As it stands I am looking for sell opportunities in for this pair, and we can potentially target the liquidity that is evident.

ELCapitalFX

I think GOLD is now at an area where I would like to see it sell, even though it has been playing around for a while but I think it is ready to take out those lows

ELCapitalFX Updated 

In my previous GOLD analysis, I thought it would take out all those lows that formed liquidity, but after a deeper analysis I see that low that was formed has become a strong low and if we see the external structure this means this was a BOS. So we are long for long opportunities

ELCapitalFX

GOLD always does something like this for NFP, for me personally I dont see it lucrative to buy or sell from where price is. What I want to see is buy side liquidity being taken out first, then manipulation comes in and takes out sell side liquidiy then we can see bullish momentum carrying on because we can see a BOS on the bigger market structure For now I can...

ELCapitalFX

Hi traders, this is what I currently see in my head for EURUSD, I could be wrong but I have tried to break it down from this complex bigger structure to find something tradeable, I will be looking to give a buy entry in the smaller time frames as soon as my criteria is met. What are your thoughts on EURUSD as we start approaching NFP?

ELCapitalFX Updated 

Looking at the DXY we can see that USD is bullish, so we are looking for USDXXX buys. We have a nice buy swing opportunity forming, we are pro trend so we are not looking to sell from here but we will wait under the correction is done and look for buy entries at smaller time frames.

ELCapitalFX Updated 

Hi traders, here is a possible GU scenario, it may retrace deeper than that level but is we see a CHoCH in that aread we will consider selling using our entry model.

ELCapitalFX Updated 

Hi traders, I have outlined 2 scenarios that may happen but also indicating probabilities, I believe that GOLD might be looking to go bearish, as it has strong bearish order blocks formed, however we dont have a strong confirmation on the reversal yet as we have not changed character on the main market structure, only on the internal structures we find something...

ELCapitalFX Updated 

The reality is price can go wherever it wants at anytime it wants... however we know through SMC that the SELL leg is not done, so we may see some liquidity sweeps here and there and price coming into a premium area to sell, when that happens we will be waiting to sell too! Join the wave!

ELCapitalFX Updated 

Hi traders, I have tried breaking down USDCAD as best as I can. What I am looking for is for price to come into the internal structure premium zone which can potentially offer us an opportunity to buy, for now I think liquidity is being formed for it to be taken out when price comes back up. Price is also currently in a range which is taking long but I believe...

ELCapitalFX Updated 

Here is another opportunity forming but not there yet, we can expect also a deeper correction into the area marked as sell area, there we will have the ultimate best opportunity to enter sells for a rewarding RR

ELCapitalFX Updated 

Hi traders, we have a sell opportunity that will present itself at a later stage but for now we will see this deep pull back, Im hoping right into the imbalanced area. I personally prefer trading with the trend most the time, but if there are no opportunities, I would consider this with a good RR

ELCapitalFX Updated 

With GBPAUD, smart money has signaled that it is now bullish on this pair, we are currently trading within the range... what we are now looking for is for price to come into a discounted area so that we can buy with the market makers if price breaks below the current low, trade will be invalid When price comes into the selected zone we will wait for a 15min CHoCH...