smdcosta
LTF entry model. 15m candle bodies are respecting the FVG. sellside liquidity is in place which is of concern but the risk profile is good as we are buying at discount. As always place Stop Loss accordingly.
As outlined we see a marked movement into the vol. imbalance. We can look for buys here with appropriate risk keeping in mind that price may still want to move through that imbalance into the OB+
Looking for a drop in price before identifying appropriate buys. We have been in consolidation for over 10 days. We will break it this week IMO.
What can I say. We have had a beautiful run on our analysis of this group of futures that a friend has asked me to assess. Lets look for lower prices before buying. We don't chase price.
We are seeing our analysis over the last couple of months play out beautifully. I would like to start zooming in and posting entry confirmation. With Higher Time fram analysis we need to look at appropriate risk and entries.
Range bound but it will break out higher after liquidating some SLs. lower.
On the money analysis over the last couple of months using ICT. Bearish action into the imbalance followed by buys.
We see some beautiful price action here. Election day drop creates wipes out huge liquidity followed by a clean bullish run into consolidation. I see lower prices from here into the marked areas followed by a bullish run.
I shared a video on election day in India highlighting explosive bearish candles. My thesis was that this aggressive move down would only be for a day or two and we would see again strong bullish action. These markets are manipulated. As predicated it happened and the futures I have been watching again exploded to the upside.
Today is election day in India. Its a major event. We see huge black candle. This is all a manipulation event to create panic in th emarket.
How to enter on these kinds of runs. The only way is to be patient and wait for a retracement.
An interesting and thought provoking commentary. I would like to now see a movement lower to the OTE followed by a significant move higher.
Well maybe not exactly like clock work but you get the picture. We have predicted the lows and current area of price. I will look for a deeper dig into the OTE and monthly order block before taking price higher.
IMO we are now set for a shift higher in price. Remember swing trading is grand but we need confirmations to enter. Entering without confirmation and without appropriate risk management is gambling.
Price has delivered exactly as predicted weeks ago. Look for buys at the fvg or ideally the OTE.
We see a text book movement to take the previous swing low liquidity. We dig deeper into the monthly order block. HTF is always king. I would like to see a little deeper dig lower over the next couple of days and then a bullish reaction to take prices higher. Purely based on algorithmic price delivery.
IDEA has expanded to a significant area of price defined as a volume imbalance. We had a good reaction. I believe we will sell into the marked bullish volume imbalance. I am still cautious of longs because the lows of the chop have bee retained. If this drive higher had been after taking the eqwl lows marked it would have been an excellent buy.
We are still in chop city for these futures. We need to wait for these lows to be taken.