Stophunt
AUDSGD short setupAUDSGD after trade hitting breakeven, market has gone for a stophunt for the second time collecting the liquidity from the short sellers and also inducing buyers into the market, now we have closed back below the descending triangle and the W formation on the daily timeframe can easily still be completed at the neckline, if we close back below support we will re enter on the retest.
USDCAD - Support Hunt & FlyWe are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted.
I would like to see a push below support into the liquidity pool marked before rejections to the upside.
We need to monitor the DXY constantly to see whether or not this move will be valid next week.
Major correction coming soon for Bitcoin?We see that Bitcoin is trading in a range since ~ 8 January.
What is this chart showing?
- There was a shift in Market Structure at the 10th off January
- After this shift we saw the Lower-Low
- I see Equal high's, those should get hunted (imo)
(My) Conclusion:
I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point for Bitcoin. Price could easy visit $25000 region (FVG). Price could also drop lower to test broken levels that are (STILL!) untested.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
Price consolidating, looking for break of support stop loss huntWe price channeled last night, with a little push and pull back.
After several dips being bought up, great opportunity to hunt the STOP LOSSES to help load up in the low 3 cent range.
After taking out weak hands, look for the push to new highs.
Buy the DIP opportunity, or adding when we test resistance could both be viable strategies.
GBPUSD - Mission CompleteAs shown in the related idea below, the liquidity purge that we expected has now completed, this opens up the possibilities of a potential sell position. I will be looking for a substantial crossover of the structure before I consider my sell, my SL will be placed at the SFL level marked.
Sentiment - 52% Long
Smart Money Concepts -Liquidity Grab - Video 1
This video is intended mainly for the purposes of me to rewatch and so I can retain information.
In this video,
I analyze the GBPUSD on the 1H chart and explain the concept of how
a liquidity grab was performed and why it was performed.
The Purpose...
of this explanation video, is to serve as a reminder by explaining of one
of the key fundamentals of trading for accurate predictability by using the
Market Structure.
Why is this important?
The Foreign Exchange Market, any market even, requires 'Liquidity' or 'Volume' to
create the charts that you see on your computer screen in the first place.
'Liquidity' (essentially) = $$$ (Money in the form of your stop loss)
Large moves in the market require large liquidity, hence why so often you will
see a large spike in the market that seems to make no sense and may stop you out of your
position, before then moving in your predicted direction. With this in mind,
its very important to be mindful of how these 'Liquidity' Grabs are created and to
be able to differentiate, a Liquidity Grab, from a true price push, so this way you will
be able to trade with the trend accurately instead of against it.
NZD/CHF Long SetupNZD/CHF had a big push down after that it started having an consolidation faze and them some market manipulation to grab some profits from retail traders. I think it is the end of it and if we can get a nice bullish candle to close above the blue level it will be a nice indication that price will continue pushing higher. Cheers
The Early Stop-Hunter catches the WormThis is a textbook pre-London setup.
During the Asian session we often see (especially in Yen pairs) moves that set up for the London session. What this does is provides us with liquidity of retail trader stops that we can take advantage of.
This was a simple 0.7 R trade that I was in and out of within 45 minutes.
It amazes me that traders still put their stops above/below swing points and prior structure, you're basically asking me to come and hunt you down!
Also, side note the reason the R is 0.7 is because my strike rate on this strategy is s high, so I don't need to use the absolute poor excuse of *I use a minumum 1:3 Risk to Reward because I can lose 40% of my trades and still be profitable* - IF your strategy gives you a 40% strike rate, it clearly doesn't work!
Rant over!
Good morning anyway guys, go smash the day!