JohnnWick

JohnnWick

expecting a drop from NAS100 and other indices from the yellow zone on. I'll update tomorrow after NFP :)

JohnnWick

DXY UPDATE, as you can see in the previous posts that I will link here. The DXY has been dropping for the past two weeks. Notice how the market shot up in the beginning of this week to then drop. This is a classic move that happens to begin the week with making investors believe we are in a bull market. When that is not the real sentiment of the market. Im not...

JohnnWick

So far the DXY traded above the previous yellow line that I had marked up in the analysis that is connected to this analysis. It retraced into the weekly price (red line) but didn't trade above it so im still bearish on the Dollar. As of now I would like to see the market retrace into this order block and continue bearish to take out the low that was formed...

JohnnWick

Im liking the reaction of the DXY off of 92.763 (red line). Last week I had this same set up I was watching this 2hr Order block closey. Once the market reached my Point of entry I began looking at GBPUSD and EURUSD for buy entries. The reason for this is because I had a bearish bias from the higher timeframe the weekly and monthly, I added the red line which is...

JohnnWick

Last week GBPJPY gave us a strong reaction off that weekly OB mean threshold. I wanted to get in this trade I idea when I saw this happening but didn't want to risk too much so I chose to let it play out. It's been showing a strong reaction which is good, I want to see the market drop to the 4hr for the buy set up and constantly watch it. If you look at the chart...

JohnnWick Updated 

For this upcoming week I would like to see the market trade above Sundays opening price depending on what ever it may be. Once it does that I would like to see it hit off of the daily bearish order block (which are the blue lines). you should go to the daily time frame and look at it you're self. Once it does this I would like to see it run down to the weekly...

JohnnWick

I felt like posting this so that some of the traders on here can see where we are in terms of the quarters of the year. Its important to see this because around yearly, monthly, weekly, and daily highs and lows those prices are sensitive! We can see that the market ran out the high that was created in the beginning of the first quarter and dropped. As of now. I...

JohnnWick

I've been keeping a close eye on US30 lately because of the weekly Order block. You may have to look it at on you're own I can't show it here I don't have enough room on the screen to do so. Now The market has dropped from the weekly bearish order block and created daily bearish order blocks that have been respected. I executed a sell order at 28076.8 (which is...

JohnnWick

So as we can see on this price action for EURGBP it had a very strong rally to the upside. What does this mean? Very simple that EUR is stronger than GBP for the time being. I've said this many times and will say it again. When you have a bias for EURGBP you will have a bias for the majority of the GBP pairs. Such as GBPJPY, GBPCHF, GBPAUD, and GBPUSD. This whole...

JohnnWick

From what I'm seeing last nights price action set the tone for the week. Since it hit off of the 4hr Order block which is the yellow bearish candle that I have highlighted. I don't see the market coming back to that price so I want it to come to the next one which would be the blue one that I have highlighted all the way to 94.00. Which would be the equal highs.

JohnnWick

After the market showed a sign of respecting the monthly bullish order block I want to see the market take out those equal highs that have highlighted. I previously published a similar trade idea but the market ended up dropping instead of rising like I thought it would. Which is fine this happens often its about how you pick you're self up and now I feel more...

JohnnWick

If you refer to my previous trade idea for USDJPY you'll see that I had the mark ups set up for a buy right around the blue box for the OTE on the fibs. Im currently up 71 pips from my entry if anyone took this I recommend taking partials and putting stops in profit because FOMC will begin soon. The market came exactly 4 pips away from my entry. I always execute...

JohnnWick Updated 

Im watching price action and im noticing how the market has been dropping recently this week. It could be to induce sellers and take off tomorrow for the FOMC meeting. I like how the market has a 4hr Order block after taking out old lows there is an order block. Also try using the fibs from low to high and you will see that the 4hr Order block is in a great area...

JohnnWick Updated 

I really like this trade idea to the upside. With that reaction off of the daily OB I will take that as a confirmation that we may be in a intermediate term low. Of course depending on what the DXY does for the rest of the weeks to come. I like the idea of the market coming down into the OTE which would be the blue zone and then continue on up. If this happens...

JohnnWick

If the dollar closes below 92.69 in my eyes that will be a confirmation that we will be in a bearish market for the dollar. So now I will be looking for buys on EURUSD. My main focus will be the 4hr Order block for this trade idea but I like how we have already took out the previous high on the 4hr timeframe. I want to the market make some lows during the London...

JohnnWick

I believe we are in a higher timeframe bearish order block for EURGBP so I want to see the market rise to this Daily order and then we should see bearish Price action from there on. If the market closes above 0.91481 then we will be in a bullish market. If the market respects the Daily bearish Order block I will be looking for the GBPS to come down to bullish...

JohnnWick

Hello all that are reading this. As of right now I'm bullish on EURAUD long term. I would like to see the market hit off of the bearish OB that is right by the OTE yellow zone that I have highlighted. It is simply the range from high to recently low where I think we have a high chance of catching a nice sell off. Now if the market does not trade up and just drops...

JohnnWick

TRADE IDEA FOR LONDON, looking for a bullish GBPUSD to trade into the 4hr OB. I will update later during the NY session. Too focused watching price action right now. Enjoy.