COT Data Shows Smart Money Reducing Longs: Preparing for ShortThe COT reports show that smart money is steadily decreasing its long positions. With this shift in positioning, I’m anticipating potential short momentum either this week or next.
USDGBP trade ideas
GBPUSD The cable looking to close in a high this week which is the final week of the month.
Quick long targeting buy side liquidity at previous days highs.
Bearish below 1.26950I'm still bearish on GBP USD.
I will try to short near 1.26950 with little stop loss .
If it breaks above 1.26950 then I will try to go long ....let's see
!! Radha Radha !!
GBPUSD=SELLSTOP=1.26548
"A pending sell order on the GBP/USD pair using a *Sell Stop*. The entry point is set at the blue line, the target is at the green line, and the stop loss is at the red line."
WHERE IS GBPUSD HEADING TO???????GBPUSD on the 1D chart price created a rising wedge breakouts and price should revisit 1.27605 area for selling opportunity entry and am going to be using order flow analysis confirmations at that zone to get the next entry opportunity for a long term sell ....
Lets know your thoughts too..............
Large speculators are aggressively taking profitsLarge speculators are aggressively taking profits, which raises an important question: How will the price react? There are two likely scenarios:
The short sentiment remains dominant, but profit-taking could trigger a short-term bullish run as positions are closed and the market reacts.
Speculators could shift their stance, but will they go fully long? At this point, we just don’t know.
If stronger data emerges to support our thesis by Friday, next week could set up for a promising outlook. Staying flexible and prepared for either scenario will be key.
28-11 GBPUSD28-11 GBPUSD following the Euro the Pound also climbs. Our signal system is still neutral so we start quietly with a small buy at 1.267. The signals are: Cot Data 0, Retail sentiment 0, Seasonality 1, Trend reading -2, GDP -1, Manufacturing PMI 0, Services PMI 0, Retail Sales -2, Inflation 1, Employment Change 2, Unemployment Rate -1,
Interest Rates 1.
GBPUSD to find buyers at previous support?GBPUSD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
Intraday signals are mixed.
Preferred trade is to buy on dips.
Bespoke support is located at 1.2610.
We look to Buy at 1.2610 (stop at 1.2565)
Our profit targets will be 1.2745 and 1.2800
Resistance: 1.2700 / 1.2750 / 1.2800
Support: 1.2600 / 1.2550 / 1.2500
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Long trade
15min TF entry
Buyside trade idea
LND Session AM
Thu 28th Nov 24
3.30 am
Entry 1.26511
Profit level 1.26708 (0.16%)
Stop level 1.26442 (0.05%)
RR 2.86
Entry reason: Price low sweep
Fri 28th June 24
Price level 1.26455
Target price 1.26708
GBP/USD Scalping Opportunity: LongThe GBP/USD has shown recent bullish sign, with the potential to reach 1.2775. The pair’s price action indicates an acceptance above a key value area. Confirmation of sustained acceptance above the identified zone, followed by a retest, could present a favourable scalping opportunity for short-term gains.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Scalping and trading involve substantial risks, including the potential for significant losses. Trade responsibly.
GBPUSD buy ?Dollar was weak all this time , there is a chance buyers will gain back control , this is what i see what could happen rest of the day
Price stuck on blue box fib level and got big hour candle , possible movement to the upside
gl trades !
We called the buy and now we are setting break even follow me toFX:GBPUSD lol we called it before it started most of the traders that followed my signal from 1.26515 you can set be now we are going to 1.27200 and its going to be a risk-free trade. and for those who dont follow me follow now. i drop signals of analysed trade and teach people to sit on their hands when meant to
buy is valid now buy now tp at 1.27200buy is valid now buy now tp at 1.27200. thank me at tp like so everyone can see
Fuel for Price Movement — LiquidityIn the financial markets, liquidity is the driving force behind price changes. Understanding liquidity and how to leverage it in your trading can help you better predict market movements and find profitable opportunities in complex market conditions. Let's dive into what liquidity is, how it drives prices, and how institutions construct liquidity pools to shape the market.
What is Liquidity?
Liquidity refers to the quantity and distribution of buy and sell limit orders and stop-loss orders placed in the market. When there are large amounts of orders in the market, buy and sell orders can be matched quickly, ensuring smooth transactions. In high-liquidity markets, traders can buy or sell assets without causing significant price movements. In contrast, in low-liquidity markets, prices may fluctuate sharply due to a lack of sufficient orders.
What is a Liquidity Pool?
A liquidity pool refers to an area in the market where a large number of buy and sell limit orders and stop-loss orders are concentrated. Think of it as a "pool" filled with orders. When the market price approaches these orders, transactions are quickly executed, causing price fluctuations. Liquidity pools make the market more efficient, reducing volatility and creating smoother price movements. These liquidity pools often form around key price levels or historical support and resistance zones.
How Do Institutions Construct Liquidity Pools?
Institutional traders usually have vast amounts of capital at their disposal, enabling them to influence price movements in the short term. Unlike retail traders, institutions are not just looking to profit from buying and selling; they also aim to manipulate market liquidity to create a favorable trading environment.
Institutions typically construct liquidity pools in the following ways:
Using Support and Resistance Levels: Support and resistance levels are key price areas closely watched by retail traders. Many retail traders place stop-loss orders or anticipate price reversals at these levels. Institutions are aware of this and often place large buy or sell orders near these levels, effectively creating liquidity pools. When the market price approaches these zones, institutions can use these liquidity pools to trigger stop-losses, push price through breakout levels, or accumulate positions when price reverses.
Controlling Breakouts: Institutions have the power to push prices through support or resistance levels, triggering stop-loss orders from retail traders. This breakout leads to a surge of orders in the market, such as stop-losses from short positions, which causes the price to continue in the direction of the breakout, increasing liquidity in the pool. By controlling liquidity pools, institutions can guide the market in the direction they desire.
Large Block Trades to Create Liquidity Pools: Institutions often execute large block trades that provide substantial liquidity to the market in a short time. As price nears these liquidity pools, the market can quickly match buy and sell orders, which leads to efficient price discovery and increased price movement.
How Does Liquidity Drive Prices?
Price movement is not random; it is driven by the supply and demand dynamics in the market. When there are enough buyers and sellers, the price moves according to their interaction. For example, when demand from buyers exceeds the supply from sellers, prices generally rise. Conversely, when selling pressure outweighs buying demand, prices fall.
Liquidity pools help maintain price stability by providing a sufficient number of orders to match in the market, preventing sharp price fluctuations. When prices approach a liquidity pool, the surge of orders in that area can lead to rapid price reversals or continuation.
How to Trade Using Liquidity?
As a trader, understanding and utilizing liquidity to make informed decisions is crucial. Here are some strategies:
Monitor Market Depth: By analyzing the market depth chart, you can gain insight into the distribution of buy and sell orders. The quantity of buy and sell orders helps determine the supply and demand balance, allowing you to make informed buy or sell decisions.
Identify Liquidity Pools: Identifying liquidity pools, especially near support and resistance zones, can help predict whether prices will be influenced by these pools, resulting in a reversal. When prices approach these liquidity pools, you might see rapid price rebounds or breakouts.
Use Liquidity Tools: Some trading platforms provide liquidity tools such as order book data, market depth, and order flow charts to help traders assess market dynamics in real-time and make quick decisions.
What are Buy-Side and Sell-Side Liquidity?
In any market, there are two main types of liquidity participants: buy-side liquidity and sell-side liquidity.
Buy-Side Liquidity: This refers to the quantity of buy limit orders and stop-loss orders placed in the market. Strong buy-side liquidity means there is a large number of buy orders at lower price levels, pushing the price up.
Sell-Side Liquidity: This refers to the quantity of sell limit orders and stop-loss orders in the market. Strong sell-side liquidity means there is a large number of sell orders at higher price levels, pushing the price down.
Understanding buy-side and sell-side liquidity helps predict short-term market direction and identify potential reversal points. By identifying liquidity pools and understanding the dynamics of buy and sell-side liquidity, traders can find optimal entry points in the market.
GBP/USD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GBP/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.246 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPUSD Drawing And LearningJust drawing in a relaxed state can uncover new insights. I learn this decades ago, and it is very valuable to me.
Maybe it helps you too, when you do your Zen Chart Work §8-)
DeGRAM | GBPUSD reached the upper boundary of the channelGBPUSD is in a descending channel between trend lines.
The price has already reached the lower boundary of the channel and dynamic support, which previously served as a rebound point.
The chart has formed a harmonic pattern.
We expect the pair to grow to the 38.2% correction level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Recovery to 1.30 trade still in play Trade may take a bit of time to play out but chart patterns suggest a slow recovery to 1.30+ levels - good risk reward - good luck all!
DeGRAM | GBPUSD testing correction levelsGBPUSD is under the trend lines in a descending channel.
The chart formed a harmonic pattern and returned to the descending channel. The price is still testing several important levels, but is still above the support, which has already acted as a rebound point.
Volumes indicate that the return to the channel occurred with a decrease in market interest, and RSI indicates oversold.
We expect a reversal after the pair consolidates above the upper boundary of the channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Potential bullish bounce?The Cable (GBP/USD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance.
Pivot: 1.2611
1st Support: 1.2485
1st Resistance: 1.2798
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sell today.Our technical rating for GBPUSD stock is sell today.
GBP/USD Daily Outlook
Intraday bias in GBP/USD is turned neutral as consolidation from 1.2596 extends. Outlook will stay bearish as long as 12.842 support turned resistance holds. Break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456
GBPUSD H4 | Bounce off 38.2% Fibo?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2615, which is a pullback support that aligns with 38.2% Fibo resistance.
Our take profit will be at 1.2702, a swing high resistance.
The stop loss will be placed at 1.2539, which is a pullback support level.
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