TraderDaddyOG

TraderDaddyOG

We recently broke out of a falling wedge and created a major CHoCH to the upside after a long sustained downtrend. Here I show near-term trades for either scenario. Highlighting the potential of both supply and demand liquidity grabs for an ultimate reversal upward. Happy trading!

TraderDaddyOG

We are wedging down and losing momentum for a continued downside push. On the HTF we have major imbalances above and will require mitigation of supply in order to continue this downtrend. Looking for a FVG mitigation below and to find support at 70% retracement fir upward push to break out of wedge AUD-NZD Buy Opportunity. 3+ R:R Reversal

TraderDaddyOG

For a more detailed analysis, see my former post linked below which highlights many points of confluence for a bullish trend continuation. Here however I want to focus on our current move as we are approaching a strong upper resistance level . On our weekly chart, we're approaching a large resistance level in the top of a HTF wedge and the bottom of a large...

TraderDaddyOG Updated 

NZD/CHF Below in the updates I will break down my analysis of NZD/CHF and how I use Multi-time frame analysis to confidently and healthily create a bias and build a story that lead to short term and long term (and non-objective) trade setups. Further detailed analysis and charts below Happy Trading! - FourXtrader

TraderDaddyOG Updated 

Bullish Outlook In this post (Bearish Outlook and former post update below), I highlight the potential bullish confluence we’re seeing on multiple higher time frames. This HTF reversal could begin with the former strong support level that we broke through but could act as support again – this would create an extremely convincing Inverse H&S as our left shoulder...

TraderDaddyOG Updated 

EUR/CHF – 9.27 We are at the top of our HTF Supply zone where we are just breaking through the strong resistance at the top of a HTF symmetrical triangle. I’m not convinced of this breakout and am expecting this to be a liquidity pull above former structure. I see an opportunity here to short the liquidity grab and ride price back down into the triangle and toward...

TraderDaddyOG Updated 

In a HTF support bounce and much needed liquidity push for the buyers, we are looking to see a pretty sustained and strong push to the upside to mitigate upper supply levels and resistance levels on the fib. Potential 3 R:R trade if we mitigate this LTF demand zone and make another BOS

TraderDaddyOG Updated 

EUR/USD is showing signs of overextension on the daily. With an RSI reading of 24 and nearing the bottom of a declining trend line, we should start to see some calls for liquidity from sellers, opening up the opportunity for buyers to recover slightly. I identified our upper supply zone which which sits right at our Major CHoCH level. I’m expecting price to...

TraderDaddyOG

Quick short idea I saw on the charts today: HTF Recap (from former post - linked below): We are currently at an impasse on the weekly chart as we could not create a higher high after a strong bullish trend. We recently mitigated the HTF supply zone and held at former strong support however we are now struggling to break our former high. I believe that if we...

TraderDaddyOG Updated 

In an update to my previous analysis and trade setups posts on the USD/CAD pair: We are now seeing the rejection we predicted after grabbing liquidity from our HTF supply zone. We rejected off of the upper trendline and are continuing an unconvincing downtrend and more of a consolidation. A breakout to either side is very possible. This can be part of a massive...

TraderDaddyOG Updated 

Walkthrough of a trade entry that would yield a 4.4 R:R if successful. We missed the initial opportunity when our CHoCH demand zone was mitigated but still opportunity for a long play if we create this BOS.

TraderDaddyOG Updated 

Time Frame: - Weekly & Daily for analysis - 4 Hour for execution Trend: Currently in a LTF uptrend within a HTF pullback - Weekly = Down - Daily = Up This one is fairly simple and straight forward but what makes it such a good opportunity is its’ potential of being the reversal pattern in a massive trend reversal. As I mentioned in more detail in my last...

02:41

TraderDaddyOG

Quick 2:00 clip of, LTF trade signal and entry for potential short-term reversal trade. This is a more risky version of my trading strategy which doesn't put much emphasis on the HTF trends and structure. Do not take this trade - this is just an example that if signals lined up with HTF and there was confluence, this is how I would trade it. Happy trading :)

04:38

TraderDaddyOG

For all watching, I kept this video very short and straight to the point to show longer term opportunities for the pair and overall objective of where market may want to go. In order to create your own trade bias, further confluence and analysis is needed. TL;DR (or watch) - I see some signal opportunities in the near-term outlook of EUR/CHF as to the downside we...

TraderDaddyOG

GBP/AUD – 9.20.23 Quick overview our current setup: In our current HTF uptrend, we have just mitigated a HTF demand zone. On the lower time frame, we formed a double bottom and are approaching a minor CHoCH. Once this CHoCH breaks, we will look to enter a long position on a mitigation of our LTF demand zone. This will get us in the trade for a potential BOS. -...

TraderDaddyOG

AUD/JPY – 9/20/23 As always, I initially begin my analysis process by noting any key economic events taking place for the pair within the coming days. This information could be key to understanding the movement of the charts on a deeper level. - In the pair we’re analyzing today, we’ll see that we’re approaching a strong area of resistance that has failed...

TraderDaddyOG Updated 

We are currently in a LTF pullback within a higher time frame downtrend. This trade idea initially formulated with the expectation of liquidity zones being mitigated and is now pulling what it needs from the upper bands to create what should be a large reversal to the downside. This pullback point is hitting multiple major confluence points of resistance which...

TraderDaddyOG Updated 

Time Frame: - Daily/Weekly Analysis - 1HR/2HR Execution - 30Min Confirmation Trend: HTF Downtrend after HTF pullback to 70.70% Fib Weekly = Downtrend Daily = Downtrend 1. We are observing the continuation of a downtrend after a large retrace took us to the 70.70% Fibonacci. 2. We then continued our descent within a strict downward trend line (5 bounces off...