GBPUSD LongsGU shows very promising signs of long opportunity before falling apart from the supply zone.
Instutition
EURUSD Price action and technical analysisPatiently waiting for this set up.
The Daily chart is now showing a strong bullish trend .
Here you can see on the 30m chart a strong resistance level has been breached, how do we know this was a strong resistance level? Take a look how price reacted to the upper purple zone, we can see price head in to that area before being rejected sharply numerous times. We now know to break this level we are going to need a big push from the buyers, which we have now seen. I will share a chart below showing the volume profile of buyers pushing the price through the upper purple zone.
On the other hand we had sellers trying to sell the market back down to the lower purple zone (we know where their stops are right? Yep you’ve got it, all their stops are placed above the upper purple zone) and on this occasion the buyers took control.
So why does price push higher so fast? Well you know those stops I mentioned a moment ago, as they get hit they're now essentially buying the market, adding to the buying pressure. So what happens now? well, the big buyers entered lower down, they stacked up their positions and now the market has pushed higher, the market becomes too expensive for them to buy. So how do they get a better price? they wait for the market to drop back down, they let the sellers back into the market, as soon as price looks attractive they can enter again :)
This is price action trading, if we see a sharp move back to the previous resistance area then it's not a trade to take, you want to see slower movements back with a slight consolidation around the purple zone before buying in.
I hope this helps, feel free to drop me any questions you have.
28/03/2021 Pre Week Analysis A look on the upcoming last week of march, where the markets bias is for the week and potential entries for tomorrow.
09/03/2020 LONDON OPENGOOD MORNING EVERYONE! 2nd day of the trading week, If you know you trading. You should already know what the middle of the week tends to bring us. Going over last night's market direction and seeing where the markets could potentially go today. Going over the EURNZD trade I called out last night. We could see this morning that is stayed within our range. With a number of targets to the downside, giving us more confidence to snipe this trade. Like I said in the video, these videos are just how I mark up and how I think when looking at the markets. If you want any tutorial vids on anything to do with intuitional trading. Leave it in the comments and I'll get right on it for you. Happy Tuesday everyone have a blessed week!
02/03/2020 NEW YORK OPENShould sihn me up for the army with these snipes I've been pulling off. Just a quick one im in my one trade for the day. So im good
02/03/2020 LONDON OPEN2nd day of the week, after letting the markets set position for the week, its presented up with some set ups that meet our confirmations. The one I have placed is EURNZD . Risking 2% for 10%. Remember I'm not a financial advisor and I solely upload these videos. To look back on for growth and development purposes. But i also feel like people could learn a lot from them.. Happy Tuesday people... go bag them PIPS !!
01/03/2021 NEW YORK OPENLooking back over how the London session played out and potential set ups for the New York.
01/03/2021 London open 1st day of march, with the summer rapidly approaching, I have set myself a target to be a full time trader by June this year. In order to do this I will have to gain 20% on my account every week. Looking forward to the journey and also showing it day by day, to the people who f*ck with me on here! Monday morning start of a fresh week.. 3 potential entries this morning, the one i'll be going for is EU. Remember take at your own risk, this is just my personal opinion. Happy Monday people.... #7FigureGANG
Look for long entry on GBPJPYLook for an rejection or engulfing candle in the area of our entry or place a buy limit.
Institutional Trading - July 9, 2020I was able to catch 50 pips on this one!
I host zoom training session to help teach people on how I am able to trade along side the institutions. I have previously explained the line set up on an older post. Due take a look if you're interested in catching big pips like this!
AUDCAD ShortSmart Money Concept. How the banks trade your money.
Update from the very last AUDCAD Long setup. Enjoy :)
DXY to the UPside??If there is a minor continuation on the Dollar,
We can see levels as high as 98.00 - 99.00
there has to be big trader sponsorship in these candles to
define if we have a bullish Dollar...
Say we do? that 70.5% would be our price entry? NO we are just
guaging the big trader sponsor ship on grabbing up all the dollar.
Seems like they were looking for levels to buy up in my honest opinon.
take this bias as you wish and utilize it to your advantage.
Bitcoin regulation, huge volatility ahead?A couple of things to watch out for at the moment:
OVERSTOCK CEO PATRICK BYRNE PROMISES “INTERESTING ANNOUNCEMENTS” AT LAS VEGAS BITCOIN CONFERENCE
insidebitcoins.com
NEW YORK (InsideBitcoins) — Promising some “interesting announcements” regarding Bitcoin on Twitter (see below), Patrick Byrne, CEO of Overstock.com, will deliver the final keynote for the Inside Bitcoins Conference and Expo in Las Vegas at the Flamingo Hotel on October 5-7, 2014.
CFTC’s Global Markets Advisory Committee to Meet
www.cftc.gov
www.cftc.gov
"The meeting will focus on issues related to clearing Non-Deliverable Forwards (NDFs) and the digital currency bitcoin. The meeting will consist of two panels. The first panel will discuss whether a clearing mandate is appropriate for NDFs, with a particular focus on how such a mandate would impact foreign exchange contracts. The second panel will discuss CFTC’s jurisdiction with respect to derivatives contracts that reference the digital currency bitcoin."
New York State Department of Financial Services (NYDFS) superintendent Benjamin Lawsky is to deliver a keynote speech at Money20/20:
www.coindesk.com
"New York State Department of Financial Services (NYDFS) superintendent Benjamin Lawsky is to deliver a keynote speech at Money20/20, which bills itself as the world’s largest event for payments and financial services innovation. "
European Commissioner-Designate to Discuss Bitcoin at EU Hearing
www.coindesk.com
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Depending on the outcome of these meetups, keynotes & events ahead, it is almost certainly one that will have huge effect on the price in the coming months. The last time it happened was on October 2013 which resulted in the rally towards $1000.
ETF: www.bloomberg.com
www.sec.gov
