Fvg
USOIL BUY SETUPI'm looking at a possible rally from this point of interest, which involves a fair value gap (FVG) on the 5m chart in the discount half of the range rally out of a 5 minute Orderblock (OB). I don't expect much from it considering the time of day and it being the last few days of the holidays. But it is worth noting.
Merry Christmas!!!12/21/22 Wednesday Trade
This is a video of a classic taking out highs and sweeping the lows. I ran out of time and got clipped did not finish the video but it was to long anyway you can still get the pint here. Good use of using trends for bias and taking our liquidity to enter positions. Also using Fair value gaps and Order blocks for triggers and targets.
Probability for 22/12/22 After nice drop in GBP/JPY and makink 40% I'm wondering if that was more to do with luck or my analisis. I did predict price will go down and I saw the build up, I wasn't expecting it will take that long and funny enough I wasn't aware of BOJ intrest rates news.
However I got two posibilities, up or down ( like alwas). Main Sellside liquidity was taken out and I see another build up but there is another sellside liquidity and massive FVG which was created during BOJ Intrest Rate News. I'm more towards going up but this is what Smart money wants you to think about it.
Please share your thoughts.
BOJ action!!!!12/19/22 - 12/20/22
This was a wild evening session that rolled into a great trading day if you played it right. There was multiple entries up and down. As you can see from the prior day session there was a 1H Order Block and as soon as price ran into it I sold some ES for a potential down side play. With a little luck the BOJ dropped some wild news that they would basically let rates rise if needed. There was a wild reaction in the markets and it dumped hard. That was sheer luck. Then coming into the New York Day action I noticed a 5m FVG form in the pre market overnight. As the market opened Price ran into that FVG and I risked some buys to take it to the Equal High from the prior day session, and it did just that. As soon as it cleared the Equal Highs I figured there would probably be a pull back off that Buy side liquidity. Sold some ES and drew out my FIB aiming for a pullback below the 50% and possibly into the Golden Pocket. Almost perfectly it wicked off the Golden Pocket. At this point my bias was still bullish simply because the Bullish DR/IDR. So I then went back in with buys hoping for the High of day, and boom took the HOD out and I was out and done for the day. I figured there was a good chance it would keep running but at that point I had no levels and already had a successful day.
FVG and FIB setups So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i have had in a while i played 3 shorts with high success so more than anything i'm making this post to encourage people to check out this strat especially if they have come into some struggles trying to trade in this bear market you might want to give this a try
BTC UPDATE Hello traders
As we mentioned in the previous analysis, there is a possibility for the continuation of the rise of Bitcoin near the levels of 19 thousand. Based on that, we bought Bitcoin from the block of orders responsible for causing the change in structure, but now the stop loss must be placed at the entry point because we have a strong supply area formed, from which the price may fall to the demand area Before the ascent, if the bitcoin can overcome it, the ascent may continue for the target
previous analysis: