SPY & AMZN ICT Trading 1/12/23Just another Daily Recap in the books. Today went well, saw 2 greats setups and capitalized on both. Both were implementing ICT Mentorship 2022 concepts with the Power of 3, and our OTE when it comes to trading.
Dailybias
Will Sunday head straight into a bear market???Well I am finally getting more comfortable with analyzing the market so I figured I would publish another idea in hopes that maybe someone would give me a heart or whatever trading views version of a like is lol. So here we go, my outlook on Cable.
So I just want to throw this out there. I do trade using ICT concepts so yes I give credit to any logic that I am hoping to share through his teachings anyways back to your regularly scheduled program.
so what I see here is that there was a shift in market structure at the low then the market traded to a premium . I feel like it will break the high before reversing back down. I also used the daily and weekly chart to get a larger view go the market and you can even check it out for yourself. but not to say that I would enter as soon as the price breaks the high bc remember there is a chance I can be wrong but when price does break a high I will be watching it to see any signs of a reversal back into the bear trend. I used a ghost feed to kinda give more detail to my projection.
Hope you enjoy! I'll be watching to see if I can get a entry short where the white like at the top is. That is where the previous Fair value gap was on a larger timeframe. Im hoping it will reject in that area and then head back down to the next price area in a bearish direction.
And that's all I have. This is just me practicing.
until next time.
AUDUSD Daily Bias - ICT Concepts Hey traders, here is the analysis for the AUDUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
AUDUSD Looking for short from 4h FVGHey traders, here is the analysis for the AUDUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Short idea on GU after break of hourly structureYesterdays candle closed as a very promoting SS (shooting star), this was seen after a convincing move higher towards a slight daily level. This SS gives me confidence that price will reverse and go down to the untested level on the daily (5th April). We can see that if price comes back to the level now without a move lower we will have 61.8Fib confluence (very strong confluence). We will also have out 50EMA hovering around that area. We have out stop just above the high of the impulsive move down. Nobig news to come out today on either currency so we don't have to worry about watching out for that.
If we get in I will close out at 4PM as it is Friday and I don't hold over the weekend.
