LegendSince

13:36

LegendSince Updated 

I love how uniform FX:EURUSD daily price action is looking. We are currently trading at the upper displacement daily FVG with Thursday being the day we witnessed an explosive run up to 1.08884 before closing inside of the range of previous daily candles. 1.07963 is in the air for short targets. My philosophy is simple... Fortify Michael J Huddlestone's...

12:18

LegendSince Updated 

FX:GBPUSD currently reminds me of TVC:DXY as we have ran on but stops, closed within a premium price range but is also showing some form of weakness to the upside indicating short-term sell stops are next in line to get poached. 1.26451 EQ has been in the cards for some time but we got near but never ran through. I will reload it going into next weeks...

02:20

LegendSince Updated 

Apologies for the quality in this recording. My previous one deleted last minute and I never had time to create another detailed review before work. Last week, we were looking out for shorts but never got the full range. This time, 39,050 - 39,040 is in the cards for this weeks trading My philosophy is simple... Fortify Michael J Huddlestone's concepts that...

14:54

LegendSince Updated 

With CME_MINI:ES1! and CBOT_MINI:YM1! trading at all time highs, CME_MINI:NQ1! is the only pair that has spiked, failed to close above previous highs as well as printing a bearish shooting star which could indicate that CME_MINI:NQ1! could lead first into Sellside liquidity. Was looking of for a selloff last week and although we got what I was looking...

20:00

LegendSince Updated 

With the Dollar set up to run on short term buy stops and CME_MINI:ES1! trading @ all time highs, a healthy pullback would be logical to expect. 5050 is the daily previous all time highs and even is we were to reprice down there, it doesn't mean that our bullish narrative has disappeared. First area in price of interest is 5080 with 5066.50 being the end...

16:02

LegendSince Updated 

It's cooking! I was on a lookout for a continued run on sell stops going into this week but we ended up rangebound. Analysing the 1-hourly timeframe, buystops look like dear in the headlights with a possible 104.40 being a zone that bulls could step in and defend. My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to...

16:18

LegendSince Updated 

With projected longs in the yields markets, I was anticipating a continue in the reverse correlated pair, bonds in which I wanted to see us run on daily sell stops, stretching for the 116.17, 50% equilibrium. What we got was a sweep of daily buy stops with the possibility of a continuation up to the psychological number 120 which I would be awaiting a rip through...

12:38

LegendSince Updated 

We started with continued upside movement with Friday creating the shift in market structure. My overall bias was bullish and still is on a macro perspective up to 4.40%. Thursday and Friday were the days that we witnessed buy stop raid before a reverse which gives me the idea that we are in the cards for some form of continued retracement, at least up to the...

05:06

LegendSince Updated 

This week was not easy for those looking to short back down to broken resistance; 4.137%. We saw TVC:US10Y 4.196% buy stops liquidated before rejecting from a HTF 6-month bearish order block that has been respected in the past. Based on Thursday's sell stop raid, with the lows being 4.187%, we swiftly retraced before closing 50% of thew daily range @ 4.283. I am...

05:36

LegendSince Updated 

TVC:US10Y and CBOT:ZB1! are strong reverse correlation between each other and with last weeks price action proving to be mainly bearish, I do not believe the pain to the downside has ended... With TVC:US10Y Thursday's daily bearish hammer forming @ the bullish order block created on Monday, we witnessed a bullish shooting star in CBOT:ZB1! , Thursdays candle...

18:22

LegendSince Updated 

Last week, we had a good run on buy stop liquidity @ the 104.550 level with the highs of the week being printed @ 104.976. This was expected as there was a fair value gap on the weekly timeframe around the 105 zone in which TVC:DXY got. As a result, we have our first down close candle for the week for the past 5 weeks in CME_MINI:ES1! and CME_MINI:NQ1! but...

13:14

LegendSince Updated 

CME_MINI:ES1! is stuck between a rock and a hard place! From a macro perspective, we have been on a bullish uptrend since the 27th Oct 2023 with daily HH and HL's being formed. Every now and again, a minor retracement is necessary to accumulate more positions to continue to the upside. This week, we have witnessed sell stops being raided however the overall...

04:39

LegendSince Updated 

Last week, I was on a lookout for a continuation of shorts, running through intraday sellside liquidity @ $17,717 with $17,690.25 being the daily bullish order block. What we have witnessed is perfection in the sense of accumulation, manipulation then distribution and i am expecting further downside for the week until the liquidity void from the 30-31st Jan 2024...

11:45

LegendSince Updated 

Massive spike out attempt on both buyside and sellside on the weekly timeframe. But in comparison to CME_MINI:ES1! and CME_MINI:NQ1! , CBOT_MINI:YM1! has been stagnant for the past two weeks. Last week, I was expecting lower prices but the $38,100 manipulation that occurred was something that I thought would hold and we would see a candle body...

08:13

LegendSince Updated 

With a similar expectation with FX:EURUSD , I was looking out for a continued selloff, which we got but failed to take the prior weeks lows out indicating that there was a higher probability that a short term relief rally into the premium arrays is more than likely possible. What we are seeing today is rangebound price action from the 5th Feb 24 with many...

01:29

LegendSince Updated 

Please go over my previous analysis with regards to FX:GBPUSD as I was expecting a continuation of shorts into the week. Although fundamentals is not on my side, I figured that going with high probability signatures such as reversals at order blocks plus reluctancy at fair value gaps will reduce my risk of being stopped out. I have left 50% on the table to run...

09:35

LegendSince Updated 

A further dig into Sellside liquidity is what we saw last week before closing above the weekly fair value gap, completing a 6-week consecutive run. With that being said, I was expecting a further decline last week with the opportunity for the prior weeks low to be swept @ 1.07227 which we witnessed. This current weeks trading, I was expecting a sell-off into the...

01:10

LegendSince Updated 

No matter how good of a trader you may be, it will never hurt taking profits off the table. Pay yourself for the time spent if your given the opportunity! That's me done for the week with FX:GBPUSD But lookout for 1.26052 sellside