EUR/USD is currently trading within a Rangebound market ahead of F O M C Minutes later this evening (UK GMT) Market could play off of the extremes within this range or merely inducing Liquidity for later moves, seeing prices come back to visit the Supply levels higher up. As always we never look at to act pre News but play the reactions. If you're not comfortable...
The basics of Smart Money Concepts with an overview of market structure and liquidity.
Imagine understanding how to execute with precision? Imagine understanding the Why behind the markets.... Liquidity, Footprints, Level ll which is all considered within the framework of 'smart money concepts' December is traditionally known for the lack of liquidity and reduced volume in turn which causes increased volatility. Traditionally many including...
Textbook educational example of the Wyckoff Price Cycle, focusing on; Accumulations, Distribution, Markups, Markdowns, The Spring and UTAD. The graphic doesn't take into consideration the finer details of both the accumulation &/or distribution schematics nor does it focus on the re-accumulation / re-distribution schematics. Please see our other ideas for a...
Truly understanding 'why' the market moves through basic concepts of Liquidity This basic analytical overview is derived from the institutional methodology used at Phantom Trading. We use this institutional methodology commonly known as 'smart money concepts' in conjunction with additional pieces of confluence to utilise Liquidity around the factualities of the...
Mirroring the previous graphic based on the 'sell side' this graphic provides insight and annotates how institutions view and see the market based on the core concepts of Liquidity utilising the models around 'Premium vs Discount' The graphic shows key points where liquidity is manufactured around 'traditional retail methodologies' If and when you can...
Another textbook entry Long in EUR/GBP at 0.89512, utilising our multi-timeframe strategy, combined with Wyckoff and Institutional Order Flow! We used a slightly wider stop loss on our original position of -10 pips, however as always with our 'advanced self-review' we establishe we could have refined our entry and actually executed this position at a better...
Nearly 100 years ago, Richard D Wyckoff born in the 19th century was a famous stock trader and investor. Wyckoff developed and carved out a revolutionary and ground breaking methodology which interlinked the institutional activities and large organisations to price movement within the chart. Wyckoff’s method and edge is based on logical reading of price action and...
We have just closed a Monster long position in EUR/USD with a RR Achieved of 1:29. We have banked + 29% ROI since 4th July 2020. Using strict risk methodology of -1%. We have 10% left running on our long EUR/USD with our stops adjusted, locking in positive R Also. __ This trade was a combination of Wyckoff methodology, Price Inefficiency and Order Blocks....
US Dollar Index - DXY We continue to trade inside this 200-300 pip range on the DXY. Until we see a clear breakout of this range, we are conscious that the markets applied volatility is lower than usual. There are opportunities on intraday timeframes, but we must remain patient and focused to ensure we do not get caught up in the noise. TVC:DXY
Risk sentiment this week looks like we could be setting the tone for a risk off environment, however AUSSIE is currently looking under pressure! After it recently broke to the downside from it's larger ascending structure. Zooming into the intraday timeframe, we've had a beautiful retest and high test candle rejection of the previous swing low (inside the...
FOREXCOM:XAUUSD Gold!!! Is the Shiny precious metal losing its 'flight to safe haven status' OR is this the opportunity to scale in to our Long positions and ride it to the absolute HIGHS? with the possibility of a potential correction / phase of distribution around the April 2020 swing high? Focusing on the overal market structures, using top down...
Textbook Multi timeframe analysis on EUR/AUD Higher timeframes structure on the 4hour - Descending Equidistant Channel, with price action making lower lows, lower highs, with 80/20 cycles across impulsive and corrective market nature. As we neared the swing lows of March 2020, price began to descend in a very corrective manner and began to form a 'pattern within a...
At W2 We monitor Gold in correlation to our overall portfolio and the DXY. We are forecasting a break of the 1hour bullish penant continuation structure, with additional confluence, offered by the fairly steep ascending trend line support. If we are to break the highs impulsively our initial targets will be $1835 per troy ounce. At this particular level we could...
AUD, Is looking extremely corrective up at these levels after not only completing ascending channel, with three touches but, also extending the most recent highs to form an ascending wedge... We are looking for a probable weakening and short play in the AUSSIE against the USD as investors continue their plight to safety and risk aversion!!!! Before we look to...