Yesterday on our weekly call, I had no idea how to approach trading down to fill this Liquidity Void. This morning, its fascinating but no surprise we see price action; trade lower to create that break in market structure, Come back the the 4hr Order block (OB), to reject and see the trade come to fruition.
With certain factors, GU could be a nice buy. 4hr rejection block Below Asia Judas swing Time killzone Liquidity ran If I see all these take place, I'd say that's valid. Godspeed!
We took the Sell - 2am EST - 4hrLV - Above Asia Tp at 43 pips. There was then a buy in NYK, From Old Low to 4hrRB.
I can see a Weekly Down close for GU. I'm looking for the 4hr PD Arrays to be hit, before using LKZ News to push price lower.
UPDATE: As if we saw in the future, Price swept the old low, brought it to highs, and sold off. Since we predicted bearishness, We could expect price to retest the 4hrOB sometime this week before going lower. We saw that happen this morning, We Sold, and everyone made money. I got out at 31 pips and am happy, But it will most likely travel to the 99pip...
On this Tuesday new york killzone, We'll know! Buy or sell, doesn't matter. The time will come. Like hunters, we are patient and stalk and execute at the right moment.
3 point drawdown, 548 point gain. This was perfect price action today. Low risk high reward setups WITH HIGH PROBABILITY. Once you see it you cant unsee it.
In Regards to Dollar Correlation, We can expect Dollar to head lower now on a HTF. With that being said, A quick buy (in the turtle soup) up to grab liquidity, before heading down long term, would be ideal for the big boys controlling the market. We do what they do. Thats what we would do if we were them. If you know what I mean, there you go ;) If not,...
Hey So Discount HTF S&R Prices were hit: Monthly Volume Weekly Bullish Order block Strong Reaction off both Entry Model: 4hr BO + Daily Volume Re-test Normally wouldn't trade this pair but we know what we have been looking for.
This was my best trade of the year. Its no surprise, the way it lined up: 1hrRJ (previous day session) Above Asia LL Confirmation 15minOB Entry DXY Correlation
I love Fridays. Fridays are potentially weekly moves if not yet fulfilled. This was a predicted sell, from 4hrOB 1hrLV to External range Liq. Traded 2 pairs connected with dollar for London, made a killing.
I entered off the first blue 1hr LV. Lost, re-entered with half the original position on green DL, Won, gained 65 pips to cover all losses plus deep profit with minimal risk.
Price went lower to grab Daily volume, CPI News gave price the opportunity to shake off sellers, Indeed it pumped up off the daily volume and went to a opposite 4hrOB, Sold off rest of day.
Honestly one of my lesser probable trades. However, DailyOB, 1hrRB+4hrRB Fractal Tuesday Low News Makes the idea worthwhile.
No I actually have no answer to this... WTf? is this a glitch?? Wtf...?
US Non-Farm Payroll was tradeable. First of all, a big news event is the only thing that could change directional bias if it were to change. We were in a HTF equilibrium. With consolidation in that equibrium. We took out the sell stops from that consolidation, then directional Bias was confirmed in the event.
Monday, London Killzone, Liquidity sweep (turtle soup) Daily Range Captured.
I started my trading journey 8 years ago, And I am still training and aiming for my eye to see it.