ifeanyichukwu_E

ifeanyichukwu_E Updated 

This month have been slow for me. Just a trade taken on US500 and it was a loss Let's see what happens with this opportunity All that matters is my model and my risk

ifeanyichukwu_E

Notice that on the weekly timeframe, the price is very heavily bearish Firstly, price have shown reasons as to why it should rally to the upside I want to see price to breach the entry and take profits at 180

ifeanyichukwu_E Updated 

Yestersday's price action in alignment with the previous week's consolidation is more than enough reasons for price to short I plan to take the trade on the 15min FVG. I also plan to do so by 8:30 NY Time. If price breaches the FVG before that time, the trade is invalidated for me

ifeanyichukwu_E Updated 

Price on the weekly timeframe have seen the price of gold rally for 8 straight weeks. In as much as the price of gold is also bullish, signs for a retracement have displayed itself Price takes out the buyside liqudity and then breaks to the downside on the 4hr timeframe. I want to see price to breach the Sellside liquidity

ifeanyichukwu_E Updated 

I want to see rally from my entry Let's see how it goes This trade has a reduced risk because of the position on weekly premium array

ifeanyichukwu_E

Price on the weekly timeframe is still stronglt bearish despite last 2 week's rally to the upside. There are several factors as to why price would head lower and the main one is the SMT that. Price of EU fails to take out the highs while that of GU made a higher high taking out it's respective buyside liquidity I want to see price to tap into the 4hr FVG at...

ifeanyichukwu_E

I don't trade cryptocurrency though, but this looks like a very good opportunity for price of Ethereum to take off to the green line at around $4,200

ifeanyichukwu_E

In as much as the markets are constantly dishing out opportunities, it is not recommended to allocate risk to a trade that is not in alignment with your model. Afterall, less is more and it truly is. In this case, there are only 3 options as traders that we all are, which is to Buy , Sell and then the last but not the least and the most important of them all, to...

ifeanyichukwu_E Updated 

I will be posting all my personal trades from now Let's see how this one goes

ifeanyichukwu_E

As usual, price have been on an expansion leg to the upside for quite sometime. And then it topped, before taking out the buyside liquidity and then just recently broke to the downside I want to see a retest into the 4hr FVG and then a continuation leg to the equal lows below current market price

ifeanyichukwu_E Updated 

Price of Ethereum is currently following my model. I am also more interested in being a buyer than a seller as can be seen from the analysis Therefore, my target for Ethereum is about $4k Let's see how this plays out

ifeanyichukwu_E

First, notice the way FOREXCOM:EURUSD and FOREXCOM:GBPUSD were acting at it's respective highs. It's a sign that price is about to reverse. EURUSD was not able to rally to the upside while GBPUSD rallied and took out the buyside liquidity and that is why the SMT with GBPUSD was formed. To confirm the SMT, price would have to break lower, which it did as I...

ifeanyichukwu_E

I am honestly surprised that the price of Bitcoin could reach all the way into the 59k region, I had already concluded that there was an SMT that would take price higher, but that is what trading is all about, isn't it? Now, after the Sell-side liquidity of bitcoin would be purged, this would induce short sellers into the market, this won't last long as I expect...

ifeanyichukwu_E

As seen from the chart, the price of Dollar is very bullish on the higher timeframe. Now that price have tapped into the weekly FVG and rejected perfectly to the upside I expect one of two things to happen that will make price to reach for higher prices 1. For price to take out the Previous week's low and then rally to the upside 2. For price to simply expand...

ifeanyichukwu_E Updated 

I do not see this week expanding, that is my opinion but if it does so then that is what we shall use to make profits. First, notice that the bulk of the month of April came from the second week of the month and then the third week consolidated. Meaning, after an expansion, a consolidation occurs. Ask yourself this, what comes after an consolidation? I would...

ifeanyichukwu_E Updated 

While everyone is bullish on FOREXCOM:EURUSD and FOREXCOM:GBPUSD , we will be looking for a leg lower. Why? Because the Higher timeframe dictates so Study my previous analysis on EURUSD Also, I would like to see price to reach into the sellside liquidity. Therefore, my target is below 1.0600

ifeanyichukwu_E Updated 

Now that the market price have reached into the Discount FVG on the daily timeframe, we could expect some longs to the upside My primary target is 1.4000 If you are a swing trader, I see this as a good opportunity to long as coupled with the fact that the Weekly timeframe supports the idea of a long on this pair As a day trader that I am, I will wait for...

ifeanyichukwu_E

Buyside Liquidity have been tagged, it remains the Sellside Liquidity I want to see a break below the highlighted swing low and then a break to the downside to confirm bearishness. Then I will look for shorts I want to see price at 1.22997