20 days ago
Discussion Starter Location: Kenya
Joined: 3 months ago
First trade this week,
We'll be looking to sell in that gap....white line delineates the breaker block open
And the red lines ofcourse are the delineation of the fvg BiSi
So sell limits at the white line
Stop loss just above 1.36250
And hold for the week while pyramiding
20 days ago
Kaberia
Discussion Starter
Discussion Starter
We can use this 5 min fvg to take out the bsl that's just below the fvg we want to use for sells...
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22 days ago
Discussion Starter Location: Kenya
Joined: 3 months ago
This is how the dxy looks ok the hourly
Now, you saw the tensions in middle East
That's the script,,, this is the layout...going long on the usd
22 days ago
The wick suggests weakness, so I think going bullish would be good in this zone.
23 days ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Some entries we could check out
This here is the one hour entry for USDJPY
23 days ago
Discussion Starter Location: Kenya
Joined: 3 months ago
The first frame is the weekly dxy chart.
As it was said earlier, I was waiting for it to clear off the sellside liquidity. Which it has done and we'll be designing longs now.
Today may be too early, but we're definitely in a trend change pd array, which is the 3 month Bisi fvg. If this month closes positively, the next weeks after will also be positive until we get to at least 50% of the range that this bearish run has created...(The price is between two long term pd arrays, if you look at the 3 months timeframe, you'll see the Sibi fvg that sent it lower off 110 and now we're in a Bisi fvg and waiting to see if we get a reversal)
23 days ago
Discussion Starter
This would be the one hour decision point
Price runs back into the opening of the highlighted BuOB and we see price showing likelihood of going higher, for instance the 2022 model, turtle soup on the sellside, we could go long on USD pairs...but it's also pegged to the global impactful shit that happens
2 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
You know the drill
Let's check out this Bisi fvg and see if it'll give us an entry
If the gap doesn't support prices and it gives way... we'll use it to pyramid in some sells
I'm biasing a fast move down into the gap, (it slightly touched it but a more potent sweep is looking likely to happen).
So a fast move into the gap then we drop into the one minute chart and look for Bos to design our entry...this is a blind entry, considering the type of Gold hunts that occur.
So entry at 3200
Invalidation is when it closes below 3190
target is 3265
2 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
We have a classic ICT 2022 model here ( look it up ok ICTs YouTube channel)
So your entry is going to be at 3133, the 5 min bullish order block
And your stop loss is going to be 3124 , this is a 90 pips stop loss, which means you'll lose $9 for a 0.01 lot size
Take profit will be down to your own judgement, but this is potentially a trade to take out the ATH so you can target 3500 and beyond
2 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Slight return into 3335, and fall into the daily opening gap
We took out the Asian high in this London session, which is the basis for the bearish suggestion...I would have been nicer if we got a return to the highlighted fvg Sibi
But we react to what we get🤝
2 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
https://www.tradingview.com/x/SoucEcbG
So this is the monthly chart of dxy,
Overview;
The technicals show a bullish momentum coming up on the dollar
We just dipped under 100 on the index as the world was uncertain as to what the trade wars will result into. I would say that was a ruse to drive down the value of the dollar and it has manifested on this chart...
And we have the range low at 89.209 and our range high of 114.778
And the price currently is at 98.256 which is at OTE.
And we know for continuations we expect the retracement to end at 61.8 to 78 fib levels .
We just tapped into the highlighted fvg BiSi (between the prices of 96.938 and 98.309) this is the gap we should anticipate showing a bullish trend start.
This fvg is at ote and therefore forms a very strong basis for expecting bullish prices on dxy , my expectation is, as this month's coming to an end, they'll use this week to make a fake low and go lower in the first week of next month, which will form a swing low, and then we'll see higher prices after that
The weekly chart will be clearer that this... It's coming later.
3 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Gold dxy and eurusd analysis
Wednesday pre-london session post
Dxy seems to have turned towards chasing the sellside liquidity
So let's adjust
We wanted to take out last week's low but it seems unlikely if we close today below the fvg CE which we're trading below right now, the bias is retest the prices around the CE and collapse lower and maybe we'll buy after SSL is copped
But for intraday perspective...sell usdxxx on retracements of the current Asian sells already
Gold also at a point that failed to support buys
Perhaps it'll give sells
I'm watching the hourly chart and the bsl and reaction of gold after clearing it, it hasn't yet, so watching that
Eurusd though has aligned with dxy
So we can see how much time eurusd has spent at its weekly sell off point... bearing the thought that maybe it isn't bearish yet
So
A retracement to the lower part of the weekly Sibi fvg and then bounce off that
This is my chosen trade for the day
3 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Xausd 5min timeframe
Pre new york opening gold had taken out that London high
We can watch for sells on this model at 3012-3015 zone
That fvg will be used as an ifvg is price revisits it
Otherwise, don't meddle with gold
https://www.tradingview.com/x/1b1TLhaM
3 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Dxy 4 hr chart
We'll be monitoring this 4 hrs candle
As long as it doesn't close in the small gap 102.831-102.892 we'll still be bullish
So I'm biasing that it goes lower and spends some time below the fvg but comes back and closes above it
We'll by London's open we'll have gotten the feedback
Underlying factor, we're bullish on dxy...so buy usdxxx
3 months ago
Discussion Starter Location: Kenya
Joined: 3 months ago
Xausd 15 min tf
https://www.tradingview.com/x/g4409NVm
As can be seen on this chart, we just took the sellside liquidity but for a nicer entry we'll rely on the marked OB opening at $3k
It's also inside a fvg at OTE...these are SMC to be precise ICT concepts.
So go long at and around $3k and sell off at $3100 ( by then we'll have seen if it wants to go for the all time high or continue the bearish run started last week. April is going to be so much fun , especially on gold. Keep it locked and don't do to many trades...
A parent post will be posted tomorrow. This is an intraday entry
3 months ago
Discussion Starter
Well , I obviously got the entry wrong, but I didn't collapse the trade...I had orders at 3k and it went all the way to the 2960's , but I held . The reason being...you can see the range we're trading in, yesterday gold ran into the green highlighted fvg Sibi and has respected it, that is, it didn't close in the gap. So I'm Bullish till we retest the levels of 3100 and then we'll know if we go long to take out the ATH BSL or the range low SSL. {It can also go back into the green gap and invalidate it, that will happen if it goes and closes today below the gap.} So today's close will be very determinant. A close above yesterday's high and we're bullish to the ifvg at 3100 ish. A close inside the gap and we're long term bearish on gold. {I'm also biased since Trump said he'd be pausing his tariffs business, this will give USD some strength back }( but of course I'm sure we're aware what happens in the world economy only aids in providing volatility in the markets and the markets will do what they show they can , on the charts) so I'm biasing gold not making a new ATH this month. Monthly chart perspective used for the bias.
So simply put, right now I'm expecting gold to rise higher into the numbers of 3050's and tomorrow, Wednesday, (FOMC minutes impactful news),hit 3100 and fall back and continue the bearish trend started last week.
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