Little_Big_Movement

Little_Big_Movement

Trend: Neutral Retail Sentiment: 61% Short LP Sentiment: 46% Long Moving into Wednesday my sentiment still has changed. We are in the middle of a consolidation zone with trapped Buyers and Sellers which means the technicals are Neutral. For all my followers I wanted to provide content that can enable you to become a better trader. My Areas of interest are...

Little_Big_Movement

Looking closely at the VWAP there does not seem to be any strong volume of this downside move. Be careful selling at this current price. look for sell-side interest back at 1.3606 or above with a target for 1.3567 as buyers step back in. Please remember there are the GBP interest rates announcements at 12 pm GMT which could pull the liquidity out of the market...

Little_Big_Movement

Seems like there is very little buy-side interest at the moment and a pool of buy-side liquidity at 1.19599. With the EUR Retails Sale announced at 10 am GMT I would assume they are not going to be great due to the pandemic. POI - Strong buy-side interest at...1.19599 POI - Strong Sell-side interest at 1.20537 Currency Strength Comparison - Strong: USD Weak:...

Little_Big_Movement

Be very careful with this market as we are heading the FX Algo weekly high. If you remember last week there were no big moves on USDCHF towards the weekly high and now we are very close. It would be wise to start looking for places to sell, either at the Algo Weekly High or 0.89951 which is a selling Imbalance POI - Strong buy-side interest at...0.89302 POI -...

Little_Big_Movement

Strong bounce off the Weekly open which could indicate a stronger move to the downside. As both currencies are strong any selling need to happen if 1.3675 & 1.3669 are broken No clear indication of price direction so I would be waiting to see this pan out. remember there are some strong buyers at 1.3675 and below. POI - Strong buy-side interest at...1.3675 POI -...

Little_Big_Movement

Selling are in control at the end of the Asian sell coming back in at 1.20817. At this point, I would be unsure if I would want to short this market. With EUR GDP being announced at 10 am GMT you might find that yesterdays sellers below 1.20618 will stay strapped. ** Find a reason not to trade this pair in my eyes. no clear direction...yet POI - Strong buy-side...

Little_Big_Movement

You can clearly see buyers have taken control of the Asian session. I would be looking for price to close below the VWAP and coming back to at 1.3708. If the USD loses strength today then utilise trapped traders at 1.3723 as your buying area. just be careful as sellers could come back in full force. POI - Strong buy-side interest at 1.3708 POI - Strong Sell-side...

Little_Big_Movement

With both currencies still relatively strong I would let Monday unfold a little more. There have been more aggressive selling Imbalances in the market so look to see if the sellers are in control. POI - Strong buy-side interest at ...... 🤷‍♂️ POI - Strong Sell-side interest at 1.21302 and above Currency Strength Comparison - Strong: EUR & USD Weak: N/A delta:...

Little_Big_Movement

Sellers seem to be trapped from the previous day and the market is now in an uptrend from the Asian session. the volume action is around 0.88869 and actually seems to be holding a buy level, instead of a sell level. POI - Strong buy-side interest at 0.88869 but could be a good area for sellers to come back POI - Strong Sell-side interest at 0.88869 Currency...

Little_Big_Movement

While there are a number of aggressive buying from the previous day it looks like today the market is looking to tap into that liquidity. I would be focusing on the next level for a buy at 1.3671 POI - Strong buy-side interest at 1.3671 POI - Strong Sell-side interest at ...... 🤷‍♂️ Currency Strength Comparison - Strong: GBP & USD Weak: N/A delta: -3.68 #GBP...

Little_Big_Movement

A downtrend from the Asian sessions. Buyers looked to be trapped from yesterdays volume action. Sellers seem to be strong below 1.20995, and with USD strengthening it would be wise to look for shorts in these markets POI - Strong buy-side interest at 1.21094 and above POI - Strong Sell-side interest at 1.20995 Currency Strength Comparison - Strong: USD Weak:...

Little_Big_Movement

VWAP is starting to shift into a decline. If buyers can not push above 1.3654 then I would continue shorting. POI - Strong buy-side interest at 1.3654 POI - Strong Sell-side interest at 1.3654 and closer to the action 1.3654 Currency Strength Comparison - Strong: GBP & USD Weak: N/A delta: -11.87 #GBP #USD #GBPUSD #FOREX

Little_Big_Movement

Not a wide trading range. most likely will see some consolidation between the to Buying and Selling Imbalances. POI - Strong buy-side interest at 0.88837 POI - Strong Sell-side interest at 0.89034 Currency Strength Comparison - Strong: USD & CHF Weak: N/A delta: +8.54 #CHF #USD #USDCHF #FOREX

Little_Big_Movement

We to be consolidating at the end of the ASIA sessions. While you might want to continue shorting I would advise it would be better to go short from 1.21228 POI - Strong buy-side interest at 1.20735 POI - Strong Sell-side interest at 1.21228 & above Currency Strength Comparison - Strong: USD & EUR Weak: N/A delta: -20.35 #EUR #USD #EURUSD #FOREX

Little_Big_Movement

Thought it would be wiser to post the trading levels in the morning so we know if the Asian session has taken some of them out. Ouch! I am already crying from the Asian session sellers who were aggressive and are now trapped. With the Fed announcement at 7 pm GMT, I would be risk-averse with the trades today. If we drop below 0.88628 become a seller with this...

Little_Big_Movement

Thought it would be wiser to post the trading levels in the morning so we know if the Australian session has taken some of them out. The EUR/USD looks like it might stay in the consolidation zone for today as everyone is waiting for Fed interest rate. The delta strength between the two currencies is too low in my eye, so stay out of this one for now. POI -...

Little_Big_Movement

From where I stand there is not really any great levels I would be looking to get into this action from 1h timeframe. I have no doubt someone else could find some. let me know your thoughts on #USDCHF POI - Strong buy-side interest at 0.87909 POI - Strong Sell-side interest at 0.88985 Currency Strength Comparison - Strong: CHF Weak: USD delta: -12.50

Little_Big_Movement

GBP has seen a strong pullback due to the strengthening of the USD at the end of the week. It is probably not wise to be intraday trading this market on a Monday, lets wait to see where the price is heading. POI - Strong buy-side interest at 1.3679 & 1.3665 POI - Strong Sell-side interest at 1.3704 Currency Strength Comparison - Strong: GBP Weak: USD delta: +6.50