JayForexAcademy

JayForexAcademy

There is a daily and 4H bullish order block at 104.14 and since DXY has been dropping, the order block might induce a retracement to fill the daily volume imbalance between 105.70 and 105.84 which would be a safe zone to take your profits if the setup plays out as explained. Price might also decide to climb higher to fill the fair value gap between 106.08 and...

JayForexAcademy

DXY will most likely retrace upwards to cover a volume imbalance and that's why I think that NZDUSD will drop to also fill a volume imbalance but after first taking out the liquidity resting above the line XX. The setup offers up to 1:5 R:R if it plays out. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT.

JayForexAcademy

My thoughts on gold after breaking structure. The setup has a 1:2 R:R

JayForexAcademy

Nasdaq is teasing to sell and at the same time creating multiple lows where many retail buy stop losses may exist. So I'm thinking that it might tap into the below zone then buy from there to the current highs. This setup gives up to 1:3 R:R. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT

JayForexAcademy

Nasdaq has began a consolidation after rallying yesterday and is teasing retail sellers. I think that it might sell above the highs at 12115.6 because that way the large institutions will take out stop losses belonging to retail sellers and thus acquire enough liquidity to open their large positions especially with NFP coming up. NOTE: THIS EXPLANATION DOESN'T...

JayForexAcademy

Both TPs hit and minimal drawdown on entry. We will now start looking for possible areas of liquidity supply to go short

JayForexAcademy

Shared the setup yesterday. So far so good with zero drawdown on entry

JayForexAcademy

A look at daily and 4H shows a long bearish engulfing which is one of the best and most reliable price momentum indicators. This shows that there is a willingness for price to continue bearish. Since price didn't break below the 4H lows at 33630, a retracement is necessary in order for smart money to sell at a premium. Now there is usually a liquidity zone within...

JayForexAcademy

My thoughts on gold price action. R:R = 1:2. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. ALWAYS APPLY PROPER RISK MANAGEMENT

JayForexAcademy

NZDUSD shows some bearish momentum on 2H and 4H so I think it'll continue to drop at least within the earlier described consolidation range. My setup provides an entry on a 5min OB with a 1:1.2 R:R. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY

JayForexAcademy

If you took my setup on NZDUSD 2H bullish reentry please exit. Price obeyed my entry zone on 15M but it does not show any bullish momentum at that price zone so it'll most likely drop to go buy at a discount

JayForexAcademy

Had posted this setup earlier but SL was hit though I had moved my SL lower. Still watching price action so that I can decide whether to close or hold

JayForexAcademy

NZDUSD still shows bullish momentum and has broken structure upwards on low timeframes. I believe that it has entered a consolidation range between 6288 and 6154 that we might take advantage of. My setup provides a 1:2 R:R bullish re-entry. NOTE: THIS SETUP DOES NOT GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT

JayForexAcademy

From the setup I shared yesterday, Nasdaq obeyed our order block but price hasn't showed any bullish momentum. However, It has broken low time frame structure and created a new order block on 1H that we might use to take our buy chances. The setup holds up to 1:3 risk:reward. NOTE: PLEASE USE PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY

JayForexAcademy

Shared the setup yesterday. TP1 was already hit. Let's see how it'll play out. You can close or secure profits with SL if you intend to continue holding.

JayForexAcademy

Shared this gold setup yesterday and price obeyed the 4H order block to rally up. TP1 was realized. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT

JayForexAcademy

Nasdaq created a bullish impulse last week breaking above 4H highs. It is currently moving downwards possibly as a retracement to fill the liquidity void to the 4H order block which might be a safe place to enter a buy order. If price obeys the order block it may rally to fill the gap at 1174 or go higher to fill the liquidity void to the previous point of market...

JayForexAcademy

NZDUSD shows bullish momentum having broken above previous 4H highs. A place of the fib retracement on the bullish impulse gives us a demand liquidity zone at the 50% fib level which might be a safe zone to enter a buy yo previous high or to a previous 4H order block above the previous highs. My setup offers 1:2 to 1:4 risk:reward if price rallies to the mentioned...