Rx-Trader

Rx-Trader

SSL= Sell side liquidity BSL = Buy side liquidity. Price moves from one side liquidity to another liquidity and this areas are known as liquidity pools. Therefore, price moves from Sell side liquidity to buy side liquidity. Liquidity pools can be identified using swing points. Pls check previous post on jow to identify liquidity pools or swing points.

Rx-Trader Updated 

Price movements follow a particular pattern, which is to seek liquidity. This simply means price moves from one liquidity pool to another, i.e., price moves from buy side liquidity to sell side liquidity and from sell side liquidity to buy side liquidity. When price does this, it takes out stops in the market. So, how do we identify a liquidity pool that price is...

Rx-Trader Updated 

Throughout the London session, Eurusd has been bullish. During the New York session, I will be expecting a continuation of the current trend. To enter, I will wait for the price to take out that 5-minute swing low before looking for buying opportunities. A 2 r:r trade is possible.

Rx-Trader

FX:EURUSD FX:GBPUSD FX:GBPJPY Now apply this to real trading. We have a OANDA:EURJPY on the left. That's a 1-hour chart. price has taken out the high and is currently at a higher timeframe PD array. I am waiting for my selling opportunity in the form of a market structure shift and having the Asian session low as TP 1.

Rx-Trader Updated 

PEPPERSTONE:AUDJPY Bias is a great tool for anyone who wants to be a successful trader. For this reason, we try our best to pinpoint the bias. The sad truth about the market trend is that the market moves in both directions each week and each day, just that it moves in one direction better compared to the opposite direction. So the best thing for us is to...

Rx-Trader Updated 

BITCOIN has been on a bullish run but at this point, we do well to expect a fall to 24300 or 22500 before we may resume the bullish run. WHY I expect price to go below the SSL and move into a discount level since we want to be buying at discount and selling at premium price points.So, it is expected that bitcoin should move into the discount level of the entire...

Rx-Trader

I realized that the other picture i added to my previous post did not show the other side of the chart and so this a post to show the whole picture an the price points i was referring to i my previous post

Rx-Trader

Bitcoin will likely fall to 31000 before it makes a new ALT. The OB at 31000 can be a good place to buy BITCOIN since its one at the extreme.What if it falls below 30000? Then maybe a bitcoin crisis because there is a possibility that BITCOIN will fall to 12000. The double bottom created between january and june 2021 indicates a sell side liquidity. Also, there...