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Stophunt

EURNZD, Long Opportunity, RR 1:14Goood morning ladies and gents, EURNZD is poised to see higher prices today. It will rally up to the area marked as the final TP over the next week. Why? Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range. Typical trading systems, lol. Price stop hunted to the other side of the range as expected, then cleared the EQ lows at the other side. This in turn, induced retail traders to look for shorts. However, we're currently in a Daily Bullish Institutional Orderflow with a clear objective to the topside. It's worth noting that although the daily structure is bullish, we're still in a weekly & monthly sell structure. Hence a TP at 1.68870 is advised as it's a potential point of reversal". Aligning seasonal tendencies with this technical perspective, it shows that EN tends to rally higher from the beginning of May until Mid May where a huge sell off begins, in line with our Weekly & Monthly sell structure bias. That's it for now. Take care.
Long
by Jiraiya_eth
Understanding the NFP EU PumpHere are some questions I put out to my community group the other day followed by the answers. The reasoning being the move has been annotated on the chart. Why did price slowly decline prior to NFP? - Price had to decline slightly before NFP to mitigate the impulsive move created earlier in the day. - Price had to stop out break and re-test buyers with a tight stop loss - Price had to lure sellers into the market before NFP Why did price reject the exact box marked before skyrocketing? - Price skyrocketed because it had gathered enough liquidity from stopping out the buyers. - It utilised the previous order block to skyrocket to take out the impulsive sellers before NFP.
Education
by AlkalineFX
XAUUSD TRADE IDEAPrice creates liquidity from clearing equal highs at around $1750, following the double bottom formation formed at $1680, which created liquidity from a 450 pip stop run after clearing equal lows from 8th March. Price balanced out the previous imbalanced bearish move to $1680, and a bullish move to the liquidity sitting at around $1750 followed shortly after, as expected. Now I expect the price to retrace back to around $1700 to clear the imbalance created by the last bullish move. This anticipated direction also supports my bullish bias for DXY, which I expect to retest near the 92.900 level.
OANDA:XAUUSDShort
by kojemagan
How To Avoid The Market Makers Stop Hunt Movement As part of the daily movement in the forex market is the stop hunting done by the market makers. They don't mean to hunt the normal and small trader at all, they are targeting the big investors and hedge funds you just happen to be in the wrong place at the wrong time. As shown in No.1 this huge wick is an obvious stop hunt movement in this case the market makers are hunting the ones entered in the middle or at the end of the uptrend. Lesson learned here "NEVER ENTER A TRADE IN THE MIDDLE OF A TREND ALWAYS WAIT FOR A RE-TRACEMENT" In NO.2 after the price gave a good bearish signal ( hanging man candlestick ) it made a a shooting star candle with huge wick to hunt the stop losses. in this case lesson learned here " WHEN YOU ENTER A TRADE WITH PRICE ACTION MAKE SURE TO PUT YOUR STOP LOSS ABOVE/BELOW IT WITH AT LEAST 20 - 30 PIPS" In NO.3 when you trade you will see this low (blue line) broken so you would assume that it will continue to the downside and after you enter a sell trade NO.3 will occur. Lesson learned here is "DON'T ENTER AT THE END OF A SMALL TREND AND USE A GOOD BREAK SIGNAL" And a last tip " TRY TO THINK AS A MARKET MAKER AND ANTICIPATE THE AREAS THEY WOULD HIT AND PUT YOUR STOP LOSS ABOVE/BELOW IT BY 20-30 PIP"
Education
by FX_Elite_Club
2
Bulls loaded, Weakhands out & long trades filled!After a couple day's, my long orders are finally filled! We saw the pullback as expected towards the placed orders! This could be a higher low followed by a higher high. Price hunted some low's and landed (so far) in our entry zone. For now, sit back, relax & let the market do it's thing. Side note: I placed extra take profit for this trade around ~$82.000. Thank you for checking in! Do you have tips or other comments? Tell me please! I'm open for feedback!
BITFINEX:BTCUSDLong
by stannieb
USDCAD, Short, 1:6 + available.Good morning ladies & gents, I'm looking to short USDCAD today. After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown. Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers. Looking for a continuation short from this point Initial target is seen below for a RR of 1:6. Good luck - AmplaFX
Short
by Jiraiya_eth
DAX 14775.52 + 1.23% SHORT IDEA * PRICE ACTION & STRUCTURE BASEDHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DAX INDEX. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES some rules on exits & entries hope they help. 1. look at structure be it descending channels, pennants and so forth basically price action whats price doing. 2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator. 3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term. 4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based 5. price action must definitely align with the plan.' 6. structure definitely 7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. That's basically entry & exits plan basic guide lines RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
XETR:DAXShort
by PULEMokhothu