OB
EURNZD CASE STUDY 1:60 RRLooking around on this past entry that I have
analysed back then. POV: The analisys was right
but I didin't took the entry.
So first of all we were looking for possibles sells
entry's on the Distribution structure formed, at
the the end of September to October. Continuing
with the market direction we see that price broke
structure to the low and created a new LL on the daily (1D).
We missed the first entry's before BOS (Break of Structure),
but as we know, we always going to have another
or better entry, if we missed the first one.
The market is full of opportunities.
What we see?
Price went and retested a Weekly POI (Point of Interest) and then broke structure to the downside.
1º Confirm that price is going to do a correction
2º Look for possibles zones of supply or OB
3º Hold the trade if price brake a LL again
Looking for our supply zone.
If we zoom in on the ENTRY 2, we can see 2
possibilities for entries; the first one is the NULL ZONE, it has a OB that was partly mitigated.
And the second zone is an OB+ IMBALANCE on a blue box, that was refine on the 5m TMF (Time Frame)
Why did we choose this POI?
The zone of supply lead to the BOS (Break of Structure),
the second confluence is that is a OB on the 1D TMF
EUR USD potential movesI'm back after a while, again with the EUR USD pair.
We can see some form of consolidation and indecision with the current price movement.
I marked interesting areas of supply and demand. But me, personaly i would only consider SHORT positions due to overall market bearishness and ofcourse the strenght of the dollar index (even if it doesn't reflect the real world situation entirely).
If an oportunity doesn't present itself today, i'm most likely done for the week, unless ofcourse i see a very clean A setup.
Let's see what new york open brings us:)
*TRADE SAFE GUYS, ALWAYS USE PROPPER RISK MANAGEMENT!!!*
Regards, T.
USDCAD LONG (SMC)OB once enters zone boom long nice 40% & im out. havent been posting my analyis latley becuse more focused on my trading. i moved to forex because my ftx is being annoying and keeps asking me for utility bills ect and ive already sent them but it cant read them i guess i dont know but im doing forex thanks fxpro and metatrader for not being annoying like ftx
GU shortsScale down to the one-minute TF to see my mark up more clearly. My reasons for going short on GU are...
+ Bearish trend overall
+Double bottoms, money sitting down below. People in long positions need to be taken out
+Voids below session low
+Asia session below void was not filled 100%
Going to wait for a BOS once we get a tap of void on 1M before entering, If I'm entering on the 1M TF I enter 1 pip in advance.
SPX Loss 9-30-22 Too early SPX Loss 9-30-22 Too early
Today attempted buying and loss after jumping in too early with a tight SL. Only used about an 1/8th of my normal lot size so the loss is nothing major at all. Was looking for a move off of the 15m+FVG and it moved instead off of the 15m+OB. Wasn't being patient this morning with this setup and jumped in before the orders came through.
NAS orders didn't come in until the 9:45am candle and I entered the trade around the open ahead of the orders. A little more patience and I at least get to close at BE. So today was a missed trade on the drop and a small L. I'll take that!
SPX top down short 9/29/22So far we've rejected the weekly high and pushed down into the LTF points of interest. Going into the premarket and NY session I'll be looking for signs of rejection to return to the upside or a continuation of the overall trend.
Mostly favoring a neutral to bearish point of view on this but I don't mind reacting on movement to the upside for a buy if the level 2 data confirms it
Top Down 9/28/22So today I won’t be trading, I have physical therapy, but this is my 4H chart and this is what I’m looking for. I’m looking to see if we are going to trade above the daily into the FVG (Lemme see if you can spot it). If we do, I’ll look to try to take a sell from that area or at least look to get a response in that area. I won’t actively be able to reach out regarding any trade that is activated, so I hope that you guys take a vantage of the chart. I did post a video but it looks like it hasn’t loaded yet and I’m already away from home.
4H SPX
SPX Sell 927/22 Good WinSmall Sell on SPX with a gain but nothing big
3708 entry
3716.50 SL
3691.90, 3680, 3673.70 targets
Since we're ranging I decided to sell the highs. we did make it to my first target which was basically the weekly opening price and I adjusted my SL into profit.
Price pushed back up to take today and yesterday's high out and ran back down to target 1 again. Added back on near my SL but already at BE with no complaints.
Second entry