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Newyorksession

US100USD: Promising Buy-Side Potential!Greetings, Traders! Brief Description🖊️: Currently, on US100USD, I am observing bullish momentum entering the market. After retracing into discount prices, the price began pushing upwards, engulfing bearish candles and indicating a change in state of delivery, which means a bullish order block formation. The price then retested this order block, found support, and another bullish order block was formed, which is currently being tested. The mean threshold (middle line of the order block) has been rejected multiple times, suggesting that the order block may strongly hold as support, allowing the price to continue rising. Things I Have Seen👀: Bullish Momentum📈: The market is showing signs of a bullish order block formation after retracing into discount prices and pushing upwards. Order Block Support🟢: The mean threshold of the current order block is being rejected multiple times, indicating strong support. Bullish Targets📉: Failure Swings: These possess buy-side liquidity. Liquidity Void: The main objective is to fill this inefficiency. Balanced Price Range: Located above the liquidity void, it is the last point where the price was efficiently delivered. What's Important Now❗ Monitor the price action around these key levels to confirm bullish continuation and identify profitable trading opportunities. Best Regards, The_Architect
OANDA:NAS100USDLong
by The_Archi-tect
NAS100USD: Potential Buy Opportunity for NY SessionGreetings, Traders! Brief Description🖊️: Currently, institutional order flow on US100 is bullish, therefore we are looking for price to take sell stops in order for a turtle soup trade condition (false break). Things I Have Seen👀: Bullish Institutional Order Flow📈: Anticipating price to continue to the upside after sell stops have been taken. Smart money will look to order pair (buy against the sell-side liquidity). Potential Sell Stops🔄: Price may take sell stops before buying, presenting a turtle soup condition (false break of structure). After sell stops have been taken, I will look to take a confirmation entry. Bullish Targets📉: Daily FVG: The primary target. M15 Bearish Order Block: The secondary objective, with an expectation to fill the liquidity void there. What's Important Now❗ Stay observant for price action around these key levels to confirm bullish continuation. Best Regards, The_Architect
OANDA:NAS100USDLong
by The_Archi-tect
2
What is ICT Power of 3?Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023 FOREXCOM:XAUUSD Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery. Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days. Those 3 things are; Accumulation, Manipulation and Distribution. AMD: A: Accumulation M: Manipulation D: Distribution 1. Accumulation: They accumulate liquidity through the delivery of a ranging market. The purpose for delivering a ranging market is to induce both buyers and sellers to enter the market thinking that price will go in their direction. 2. Manipulation: After accumulating both buying and sell orders, they then manipulate the market to further induce another set of traders which are breakout traders. But, that particular manipulation move is not their intended direction for the day. They only use it to gather liquidity, Which will then lead them to the next action which is to move and distribute price in their real direction for the day. 3. Distribution: After manipulating price to a particular direction different from their plan, they then distribute price to their original intended direction. e.g to buy, they will first sell the market and then buy at the discount price level. Example of Power of 3 on Gold AMD: A: Accumulation M: Manipulation D: Distribution Accumulation : Price range during Asian session, accumulating liquidity on both sides of long and shorts. Manipulation : Price broke the low of the accumulation during London session to take out sell side liquidity and then fill the previous day imbalance. Distribution : Price move away from the FVG leading to a shift in market structure on 5m time frame, plus a short pull back, follow by a massive move to the upside during the New York session to take out buy side liquidity above.
FOREXCOM:XAUUSDEducation
by Elijahenoch7
2
NAS Long - NY - Win - PA was rangey during Asia and LDN ---- PO3 Accumulation ---- 31 pips (handles??) - PA swept 62F lows @ 9:30-9:45am ---- PO3 Manipulation ---- Liq Raid to kick off move ---- 100 pips - Reversal @ 10:39am ---- 1 X FVG on 5m ---- 42 pip jump and BOS ---- this is significant for NAS - Target ---- PO3 Distribution ---- PDH ---- 193 pips Entry - I entered early because of SMT on SPX ---- Never waited for the OTE to form - NAS took longer to move ---- Almost 40mins ---- Also had better OTE eventually - SPX would have been a FVG entry ---- I don't like those because of bigger SL's Result: Win - 5RR - Textbook setup Psychology - Was a bit nervous - Especially when SPX moves early and NAS sat still - Good idea was to reduce my risk especially since I was in DD - So I was happy to take the loss - Moving to BE and closing my laptop also helped
EIGHTCAP:NDQ100Long
by camKay