FX_ArteezZ

FX_ArteezZ Updated 

In terms of DXY weekly profile, price may form a retracement from here. There are 3 significant LQD found in different time frames. 1. Structural low from the left in weeklyTF, 2. EQLs in dailyTF, 3. NFP bullish impulsive candle low in 15m.

FX_ArteezZ

Price break and retrace immediately. Taking out the BSL above the structural high/last weekly candle high from the left. Comparing AU to GU, GU is relatively bullish. Therefore, if I'm looking for short AU will be my primary choice and if I'm looking for Long I will go for GU.

FX_ArteezZ

Price leave the 1H decisional OB unmitigated, this could be the weekly objective for price to come down to. And the low formed last Friday (NFP created low) will now be serve as a SSL for price to gravitate to this area.

FX_ArteezZ

As price has put in a new daily HH, and e have major news event ahead, like NFP, it's best not to trade now and wait for the directional bias to confirm after the news, come back next week, next week will probably have more good opportunity to trade.

FX_ArteezZ

What direction Wednesday will most likely to expand to? At this moment, demand is having the control during Asian Session, at least we didn't see price continue to move lower during Asian Session. If demand continue to hold, price is very likely to go above yesterday high for LQD of BSL then continue lower.

FX_ArteezZ Updated 

Price revisit the 4H IMB above while taking out the structural LQ from the left, and respect the IMB by giving a bearish displacement with bearish CHoCH. Let's see if price take out the IRL(BSL) and pullback to the premium of the leg, see how price react to the 4H IMB, if we get another bearish displacement in LTF, showing that price is respecting the 4H IMB...

FX_ArteezZ Updated 

Last Friday, Price sweep the SSL from the left and give a bullish displacement (4H IMB found within the leg).

FX_ArteezZ

Price is now reacting off this 4H decisional supply after LQD of BSL(EQHs) and mitigate the low of the previous daily range. The reaction from the supply is quite nice. By incorporating the intermarket analysis of DXY, I can make a better judgement about when to get involve. Here is how: If I'm looking for Long in AU while DXY is showing bearish bias, this is a...

FX_ArteezZ

Price is now turning bearish, we get a bearish MSS in 1H, the objective of price to go bearish is most likely to sweep the SSL, and the most significant LQ is the EQLs that created during last Thursday CPI news, there are tons of LQ sitting below those low. Besides, there is a 1H IMB below the EQLs which is also a 4H S2D that cause the bullish CHOCH and the...

FX_ArteezZ Updated 

Yesterday CPI moves gives a significant sweep of SSL in EU & AU. However, in GU, it's only a minor bearish move, price not able to take out any structural low. This is a sign that GU is more bullish than EU & AU. This also means there will be tons of LQ sitting below the low of this demand. Which is also near to the discount of the leg. If price go bearish with...

FX_ArteezZ

Cross Market/Intermarket Analysis - Dollar (DXY) I have been learning to do cross market analysis lately to help me to better identify a HP-move in FX major pair that I'm trading.

FX_ArteezZ

When price taken out the significant BSL (EQHs) from the left and mitigates the daily IMB, I thought price will continue its HTF bias to go bearish. However, from the most recent piece of PA, I have changed my bias due to the way price respected the 4H demand and the way it moved back up. If price gives another bullish displacement especially after it taps into...

FX_ArteezZ Updated 

Clear EQHs sitting below the Daily IMB. Price will more likely to move up to take out the BSL and fill the daily IMB.

FX_ArteezZ

While keeping my daily bias unchanged (aim for price to trade back into daily Imbalance), I decide to look for Long in AU. Price has now trade back into the OB that created from the previous day at late NY session, with the confluence of liquidating the structural LQ from the left, we may look for Long once we get a bullish displacement in LTF.

FX_ArteezZ

London momentum push price above the previous high. However, we can clearly see a sign of supply kicking in after breaking the previous high. Here is the footprint of orders changing hand, happening at the LQ level, bullish momentum unable to follow through, this is a sign of reversal. This is very likely to be the high of the day, and we might see NY session...

FX_ArteezZ Updated 

Some days, or maybe more than half of your trading days, you will find the market intention confusing, the price doesn’t show any clear intention to move in one side, or the marketplace is simply presenting a balanced state where price consolidate and moving side way, or the market is in chaos where an intensive battle between supply & demand arise but winner has...

FX_ArteezZ

Price has just put in a new 4H HH, we may expect a retracement from here as price has formed a 4H bearish candles after BOS. Now, price may continue to go higher or we might see a deeper pullback into the 4H bullish leg, depends on how price deliver. 1H is now retracing after the 1H bearish CHoCH, we can see the way price moving back up is relatively corrective,...

FX_ArteezZ

Price is now clearly reacting off the 4H supply from the left. There is a chance that price will continue lower from here without coming back for further liquidation of BSL. However, if there is sign showing demand is holding and taken back control, we may expect price to run this IRL before continuing bearish. Atm, default bias is still short, although we...