Hi everyone, today I will be talking about a possible XAUUSD long trade using Smart Money Concepts for this week. Trade idea 1. Price is forming higher highs and higher lows as seen by the multiple BOS (break of structure) to the upside 2. Demand zones are validated and we can see that current price action just broke structure on LTF 3. Upon drawing the...
Hi everyone, today I will be talking about a possible GBPJPY short trade using Smart Money Concepts for this week. Trade idea: 1. Price is currently on a downtrend on the lower timeframe. 2. We could see clear bearish orderflow in recent price action. 3. Price could potentially head up to clear the imbalance present marked by the green zone. 4. Will be look...
Hi everyone, today I will be talking about a possible XAUUSD long trade using fundamental analysis. Context 1. CPI print yesterday came out better than expected 2. CPI m/m at 0.1% vs forecast of 0.3% 3. Core CPI m/m at 0.2% vs forecast of 0.3% Given the evidence of a cool down in inflation, the Fed's previous aggressive rate hikes has been coming to effect....
Hi everyone, today I will be talking about a possible BTCUSD l ong trade using Smart Money Concepts. Trade idea 1. On the H4 timeframe, price is bullish 2. Higher highs and higher lows being formed as shown by the red highlights 3. Area of market imbalance marked by the blue zone serves as a potential reversal point 4. Anticipate price to come down to...
Hi everyone, today I will be talking about a possible EURUSD intraday SHORT trade using Smart Money Concepts. Trade Idea 1. Price has formed a lower high 2. Price failed to break higher timeframe structure and price is likely to range 3. There is plenty of liquidity below marked by 'liquidity hotspots' for price to clear 4. Demand zone right below the liquidity...
Hi everyone, today I will be talking about a possible XAUUSD long trade using Smart Money Concepts. Trade idea 1. Price is forming higher highs and higher lows 2. Price tapped onto the fair value gap (FVG) and rebounded 3. Bullish structure is confirmed as price has broken structure (BOS) 4. Currently, I will be waiting for price to retrace before finding long...
Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts. Trade idea 1. Price broke structure on HTF 2. On LTF, we could see that price swept liquidity and broke structure 3. Potential supply zone above that price could tap into Things to look out for EURUSD - If the invalidation of the demand zone below happens, price...
Hi everyone, today I will be talking about a possible XAUUSD short trade using Smart Money Concepts. Trade Idea 1) Price tapped into the HTF supply zone and respected 2) Price cleared liquidity above and instantly made a strong bearish push down 3) Plenty of imbalance and market inefficiencies present below for price to mitigate 4) A lower low formed Things to...
Hi everyone, today I will be talking about a possible GBPJPY short trade using Smart Money Concepts that could potentially play out during NY session. Trade Idea 1) Price have cleared the supply zone and pushed lower 2) Structure has been broken and a lower low and high has been formed 3) Price inefficiency can be seen and expecting price to retrace and clear the...
Hi everyone, today I will be talking about a possible GBPJPY short trade using Smart Money Concepts for the next week. Trade Idea 1) Price has been bullish on the lower timeframe 2) Price is nearing the daily swing high at 169.08 3) It could potentially head up to test the daily swing high and we can find potential short positions off the supply zone above 4)...
Hi everyone, today I will be talking about a possible XAUUSD short trade using Smart Money Concepts. Trade Idea 1. Price just swept the current lows of GOLD and instantly rejected it 2. Entire bearish leg thus far has been slow and without volume 3. Liquidity has been building at the upside 4. This bearish leg could potentially be a retracement for price to...
Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts for the next week. Trade Idea 1) Key area of unmitigated demand as shown above 2) Price can potentially tap into the demand zone and continue its bullish momentum 3) Will be awaiting confirmations on the LTF like a break of structure (BOS) before...
Hi everyone, today I will be talking about a possible XAUUSD short trade using Smart Money Concepts. Trade idea 1. In the current bearish trend, price is moving efficiently. 2. Lower lows and lower highs are being formed. 3. Price has tapped into the supply zone above marked by the blue zone and is currently rejecting off this area. I anticipate for price to...
Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts. Trade Idea: 1. Price has largely been ranging on the M15 timeframe. 2. Supply zones as seen above has constantly been respected. 3. However demand zone below has been invalidated. 4. Price is trending bearish as of the lower timeframe and current price...
Hi there guys! I use smart money concepts to analyse price action and identify key important areas to execute positions. GOLD - Last week has largely been consolidatory on GOLD. - However, towards the end of the week, we could see a change in market structure and a shift in momentum to the downside. - I have utilized the concept of liquidity, structure and D...
Hi everyone, I use purely smart money concepts and utilize demand and supply zones to my advantage. I will analyse a trade that I taken earlier on EURUSD this morning during asian session. Confluences 1. Price broke structure 2. Price retraced down to my demand zone marked out clearly 3. While retracing down to the demand zone, it cleared liquidity 4. Entered...
Hi guys, Chern Yu here. I use smart money concepts (SMC) in analysing charts and price. Confluences used: 1. Demand/Supply zones 2. Liquidity 3. Structure 4. Market inefficiencies Analysis: - Gold is hovering around 1771 area currently. - Possibility of tapping into H4 supply zone. - Price is structurally bullish and will look for longs next week. -...
Hi guys, Chern Yu here. Today I will be touching base on the fundamental news and effects of the CPI release. Fundamental Context 1. CPI m/m: 0.4% vs 0.6% market consensus 2. CPI y/y: 7.7% vs 8.2% previous 3. Core CPI m/m: 0.3% vs 0.6% previous CPI has definitely dropped and inflation is slowing down That is a positive outlook and sign for EURUSD who has...