SMCSweepFX

SMCSweepFX Updated 

As we can see, the market has rejected the weekly supply area. after the rejection it gave us a confirmation of a bearish market by giving a CHoCH on the daily timeframe. Once the market gives a retracement to the most recent supply I will look for a short to the 4H demand which still is untapped. if the market should break the supply to the upside i will look for...

SMCSweepFX

Market showing great respect for demand at this stage. Will be looking for possible long positions from these areas for the market to tap into the 4h supply. Order flow still showing bullish euro so i will be looking to long this market until the 4h demand gets broken and order flow start shifting bearish. Remember to use a tested strategy and doing your own...

SMCSweepFX Updated 

My view on EURUSD for today. The market tapped into a 4h demand and gave a rejection. it is currently at a 15min supply which could give us a continuation to the downside to take out the low created. If we get a break above the supply the market could take us to the next 4h/15min supply area. Personally I am more interested in the long position due to...

SMCSweepFX Updated 

Looking at AUD/USD we can expect some more down movement from the pair from a monthly and weekly timeframe before we see the market shift back to the upside. Here is my idea on a sell for AUD/USD with entry at 0.73630 my stoploss will be places at 0.73980 and take profit at 0.72560 for a good 1-3 Risk to Reward on a swing trade. This is not a signal, I'm only...

SMCSweepFX Updated 

This pair is providing a continuation pattern from a daily perspective. I will be monitoring this pair waiting for a valid entry reason before taking the long to around 1.42520 area. Remember to not just get into a trade before getting the right confirmation. Use a proven profitable rule based strategy before taking any setups. Always remember to use risk...

SMCSweepFX Updated 

Analysis I made and shared yesterday with students. Expecting this pair from a weekly perspective to reach around 1.40370 area. For more free content like this hit the like and follow button. Remember to always use risk management in forex and any other markets!! And always use a rule based strategy.

SMCSweepFX

Once I have made an analysis and entered a trade these are the 9 things I always keep in mind. Remember that no matter how good a strategy is, it's always about what happens after the trade has been placed. Psychology is in my opinion the MOST important part of trading if you want to stay in this business in the long run. Hope this will help some of you with the...

SMCSweepFX Updated 

Here is my idea on GBP/USD buy setup. If we should get a break above this structure area, on the retest I will be looking to take a long for the move up and the completion of the daily move. NOTE: This is part of my RULE BASED strategy NOT THE FULL RULES. My entry will be at 1.41415 my stop loss will be at 1.41145 and my take profit will be at 1.42520. This is not...

SMCSweepFX Updated 

Here is my idea on XAUU/USD setup. When this market breaks and closes above the structure area, on the retest I will be looking to take a long for the completion of the daily move. NOTE: This is part of my RULE BASED strategy NOT THE FULL RULES. My entry will be at 1878.400 my stop loss will be at around 1873.102 and my take profit will be at 1897.675. For more...

SMCSweepFX Updated 

Bitcoin getting ready to break 70k and 80k?? Currently we can see from a monthly that the move to the downside was coming. Looking at a weekly chart we can see that BTC/USD has smashed all structure to the downside hitting what seems to be a stop at a strong Order Block that created the move up in the first place. I will be monitoring BTC/USD in this area looking...

SMCSweepFX Updated 

Here is my idea on EUR/USD buy setup. If we should get a break above this structure area, on the retest I will be looking to take a long for the move up and the completion of the daily move. NOTE: This is part of my RULE BASED strategy NOT THE FULL RULES. My entry will be at 1.22064 my stop loss will be at 1.21860 and my take profit will be at 1.22064. For more...

SMCSweepFX Updated 

I will be taking a long on this pair with targets around 109.620 area and stops at 108.800. Taking this because of a buyers market showing signs of stepping in. This market has shown great strength and currently rejecting a order block. If we should break below structure I will do another analysis on what I think could happen next. This is not financial advice I'm...

SMCSweepFX Updated 

This pair has given a perfect move to the downside as was expected. Currently giving the continuation to the upside. At the moment we are still trading below daily structure. If we get a close above the daily structure we can expect the continuation and the completion of the move to the upside to around 1.22085 area. Good luck with the trading! Remember to use a...

SMCSweepFX Updated 

As expected on my previous analysis which I will link below. EUR/USD has made it's move up after giving a close above the daily M pattern neckline. From here we can expect EUR/USD to continue to the upside to go and take out the previous high and lock profits around 1.22085 area. Next breakdown will come as soon as the market has hit targets or show a reversal....

SMCSweepFX Updated 

Taking a look at Gold we can see that this pair has just hit the targets from a daily perspective. If we take a look at the weekly chart of Gold we can see that this market is getting very over extended and we could expect the pair to give a retracement and start a move to the downside. At this stage Gold is still too bullish to look for a short so this is what I...

SMCSweepFX Updated 

If we take a look at the situation that we have on GBP/USD we can see that the market has already started the continuation move to the upside and made the shift from a bearish market to a bullish market. If this market from a intraday perspective will stay above structure we could expect the pair to go up to around 1.42100 area. We are still at the beginning of...

SMCSweepFX Updated 

This pair has done exactly what was expected on my previous breakdown. From this point we can see on a daily timeframe that the market is getting really over extended and has created an M pattern. After a M pattern we expect the market to make a move to the upside and complete the pattern at the neckline. From a 4h timeframe we can see a buyers market starting to...

SMCSweepFX Updated 

This pair has just completed a nice move to the downside and doing so, created a M pattern on the daily timeframe. From here we can expect the market to make higher prices to create the lower high before creating a new lower low. What we will be looking at is one of these scenarios. The market on a 30min timeframe has created a buyers market that can push prices...