Another easy peasy daytrade. -London session broke above Asian session. -NYAM session also broke above London session: STRENGTH (likely continuation above) In my one minute chart I will show you how I apply my custom volatility indicator here shortly. Take profit at around 96468 which is the highest TMSO before we break Friday's high. (weekends are not...
This one is very simple and easy. Asian session set the bar (High or Low to break). London session decided. NY session flops previous resistance zone before the London decision into support, and takes out the London low in this case.
Since ideas are kept to 15 minute timeframes, here is the actual chart I want you all to take a look at on the 5 min chart: The indicators in use will show you the perfect timing to long or short. Easy to use and drawdowns are kept to a minimum. It shows you where market makers are trapping retail traders and reversing. In this example on the 5 min chart...
We finally have some worthwhile movement to consider a position from. We are currently in Q3, the 1st QT was an "X" phase, with Q2 being Accumulation. This is the 3rd quarter, and by definition after a Q2 accumulation, Q3 is always a manipulation. The problem with manipulation of course is, what is it manipulating, and where is it manipulating towards? Price is...
Note: TV doesn't let me publish the idea below 15 min view... This is the real chart I want you to see: My recently encoded indicators are signaling the relationship between smart money inducing liquidity into the market, and where retail traders are positioning themselves. The first heatmap signals the fact that the market is being injected liquidity. The...
Our earlier short idea did not pan out. Buyers seem to be overcoming the sellers. We are eyeing buyers pushing price above 69167 to pull liquidity. This move should be sharp and calculated, followed by selling into the Daily Open and/or NYO. The two POI's below DO and NYO are situated between 67893 and 67639. This idea is invalid unless the liquidity at 69167 is...
Hey fellow traders. We are using the quarterly theory to analyze potential trades for today. We are currently in an XAMD type of setup. X was Asian session, Accumulation in London session, and we are currently in the Manipulation stage of the New York AM session, followed by a Distribution in New York PM session. We are waiting for price to make a convincing...
My previous long idea did not come to fruition because the price action that broke the highs did not have a convincing strong break above a key level. However, this push below has. We will be going in with a short at 68701, stop loss at 69039, take profit at 67808. Targeting the lows we just made OR 67805 which is the daily open.
Using the quarterly theory on this trade. This is idea is ONLY valid if we break above 69026 first. Retracement to below PM open at POI of 68455 (15 min OB). Remember we only enter long positions underneath an open POI. Stop loss is pretty tights, should take out the liquidity at ATH 69433.
Here is the short explanation about the Quarterly Theory. It divides up a full session into 4 different parts. This can be for daily, weekly, monthly, year, 4 yearly and even longer sessions. The crux of the important part is knowing where to enter. The opening price between quarters 1 and 2 have major significance. If a long position is to be entered, it is...
1 Min chart for clarity: Ask me how did I know that today was going to be a directional trending day on the markets? HINT: My newly developed "XRAY" indicators told me what to expect as soon as the markets opened! Yes, this works primarily for 1 minute charts and is SPECIFICALLY DESIGNED for day trading. No lag, easily see liquidity when it pops up. Works on...
I'll just jump straight into it. Liquidity... It's always been a "buzzword" in trading, but rarely seldom understood. Liquidity is where the orders are. It is an area of interest that draws money and traders in. But what about liquidity? Simply put, when the "liquidity stars" align, it can often become a point where reversals can be had. I call my method...
With AMT (Auction Market Theory) we combine auction nodes that are made up of areas of high volume, sandwiched between areas of low volume. In our current environment, there are some bullish signs. However, it is important to note that there are also signs if this entire structure being distributive. As shown on the chart, there Wyckoff structures that seem to be...
It's been a real tough month to forecast bitcoin. I've been delving into orderflow a lot more because you can only get an accurate picture of what price does and WHY it does so, is based on the real life orders that are in the market. For this example of market behavior, here is the link to what I'm seeing with orders. I've annotate it so you guys can see market...
So far, price has done almost exactly as I've predicted in my previous idea, which you can see right here: We have made to drop to the level I forecasted according to historical bookmap orderflow analysis. I predict we are on the verge of our shot up into the 44250 range. You should be going long now.
The previous week's analysis went to hell in a handbag fairly quick. Which is alright, not every single week's analysis will pan out, and one of the hallmarks of trading that many of you will learn is to be able to learn from what went wrong. LINK TO SEE THE CURRENT ORDERFLOW HEATMAP ON BITCOIN FROM MY ANALYSIS: imgur.com Couple of things to note for next week's...
*Please note that the prices discussed in this idea are from the MEXC exchange and that your exchange pricing may be different due to the spread and arbitration.* I think that the week ahead is going to be relatively choppy. I'm still net short at the moment (Please see previous idea) but I can still play intraday/intra-week ups and downs. There is an...
As you guys can see, I called for a short on Bitcoin in yesterday's idea I posted. A 1:18 trade, and it is looking great. Please note that this is NOT a good time to enter short here, I expect some sort of correction in the trend, so there are no good entry positions available that will not potentially draw heavy on your capital. The only way I would attempt to...