While the US and BRICS (Brazil, Russia, India, China, and South Africa) aren’t in a formal trade war, tensions are rising. BRICS nations are working to reduce reliance on the US dollar, challenging its dominance in global trade. This “de-dollarization” effort and geopolitical shifts, like sanctions on Russia and US-China disputes, are fueling uncertainty. The USD...
By combining Wyckoff and SMC principles we have a clear guide on what to expect, and what to do when it happens. Patience is the name of the game, so set your alerts and hang tight until then. - Option 2 could turn into a short term swing trade (until we reach daily demand levels)
Here's a quick and comprehensive guide on how you can read currency pairs as a forex trader! As usual my objective is to simplify all aspects of trading, so that even someone who has never seen a chart before, can make sense of the topic at hand. Let's get into it - Currency pairs are a combination of 2 different currencies and we can trade them based on how...
Here's how you can easily use liquidity to create wealth 🤑 Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread... It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE...
Here's the only guide on order blocks you're ever going to need 😎✏️ Order blocks may seem scary and difficult to find - Once you know what you're looking for, it's like taking candy from a baby 🍭 The key elements you need to have in place before getting the hang of this basic SMC application is as follows - 🟢 Trend spotting 🟢 Market structure Those are the 2...
The Euro Dollar pair has been a delight to trade since July this year. It has taken out daily structure and created a bearish leg after reacting off a previous distribution cycle from the first quarter of 2022. Based on my analysis, this pair is officially bearish and is currently in a pullback/retracement - I have been buying it up and will continue to do so...