EUR/GBP Price Trades In A Double CombinationPrice is trading in a correction phase, we are in a double correction/ combination where all the waves or legs are correction patterns it can be any correction pattern but waves W and Y cannot be a triangle pattern. Price is currently on the wave A of wave Y sub-waves, we are in a bearish impulsive phase I don't expect any pullbacks as of yet.
Scalping
US500 - Short - RR3Smart Money Concepts
During the london killzine (2.00-5.00 ny time) a draw on buyside liquidity took place. The draw on liquidity took out the previous high and formed a bearish market structure shift.
As a result of taking out the previous high and forming a market structure shift, a bearish breaker block has formed. Due to the strong bearish momentum, a bearish fvg has formed.
There's a difference between an imbalance and an fvg. We only take an entry on an fvg combined with a breaker. An fvg is a 3 candle formation that has formed immediatly after a draw on liquidity.
The overlap between the breaker and the fvg is our point of interest to take an entry. In addition, a bearish orderblock has also been formed, which will serve as a last line of defence for our stop loss placement.
As an extra confluence to the above strategy, at least one of the conditions below must be present as well (not all of them are required, one is sufficient enough).
1. MACD signal must be bearish for a short, or bullish for a long
2. MACD bullish divergence for a long, or macd bearish divergence for a short
3. Hull Suite green colored and price above the ribbon for a long, or Hull Suite red colored and price below the ribbon for a short.
4. RSI over bought for a short, or rsi oversold for a long
5. RSI bullish divergence for a long, or RSI bearish divergence for a short
6. Fibonacci golden pocket
USD/JPY - YES, Another quick Scalp for 10OANDA:USDJPY
A good start to the week.
Quick scalp for 10 hard pips TP, before it hit PWL (previous weeks low).
I tune out the nay sayers that scalping doesn't work, and that I should maximize the trade, which is actually a very smart and profitable strategy when executed properly with trade management.
But I do LOVE scalping and enjoying the rest of my day not being stressed, LOL.
Both techniques work, the key is Trade Management.
Trade well....
Taking a risk, but trusting the line upGoing to try and scalp out a retrace taking advantage of the retrace and range of volatility. I've been expanding on the original framework from all the activities leading to now, and I see a gap to try and take advantage of like it lines up in the past. Red line had a lot of attention so expecting price to go back down and fight before going anywhere else 🧐
Bitcoin Day Trade Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $21,725 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $550, and a minimum expectation of $250.
🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out after market open for NYSE.
EURUSD Bears In Trouble? --> Monday London Close 1.0667What great Bullish momentum we have seen on this pair. However, like in all forms of life , their must be a balance. A rebalancing of inventory. Idk, we may see lower prices and respect of Higher time frame market strucutre
(i.e./Daily timeframes) We''ll see what happens. You never really know. Though, experience can clue you on what has a good probability of occurring.
it's time to falling for USDCHFbefore buying, please check for being sure about your opinion about this Pair!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position all thing is about risk management*
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if you want to enter in this position:
Enter Price: 0.93818(here)
Target1: 0.93633
Target2: 0.93505
Target3(Final Target): 0.93307
Stoploss: 0.94225
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doing and living in the best quality
thanks of all of you dear's ;)
scalp $lit, maybestart of the week
btc bouncing
$lit structure appealing for longs after pullback
i mean, sr closes in confluence
worth a punt
for my degen ass
..on paper first, at least until monday concludes
building confidence first while majors at resistance and february indecisive.
EURUSD - Pure Momentum Friday ScalpOANDA:EURUSD
Price action broke below PDL (prev day low) ahead of Core Price Index release.
Not the inflation "data" the Fed Chair wants to hear (again)?
Wanted 15pips short, but round number $1.05500 at 10pips, so thats where I closed it out for the Friday.
Small rejection after hitting round number.
Trade well.