SMC-ICT
EURUSD potential Forecast CPI news | Tuesday 13th December 2022Hi there guys,
I mainly use ICT Concepts for my trading.
Here's a trade idea for Tuesday, 13th December 2022 for the US CPI news release .
Idea
Those are possible trade ideas with buy stop and sell stop on the chart.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
Bitcoin is up? Lets see.Bitcoin fall down this morning to 16680 and started going up after clearing liquidity and now the price is heading to the next supply zones.
We can see some imbalance in both sides, but the downside got filled somehow. and no there is some imbalance left above.
Like it if you agree!
DXY| ON A BEARISH ASSIGNMENT We have started seeing the smart money footprint on their interest to short the USD ever since when we mitigated the Monthly overall bearish order block.
the smartmoney already edged and are now preparing to go even more lower to take out long term sellside liquidity that has been accumulated.
StefanFX ...
WTIUSD| USOil ON A BULLISH ASSIGNMENT US oil finally repriced to go higher...
Confluences:
A sweep of liquidity below a weekly low
smartmoney Trapping retail bullish orders on the weekly with a failure swing
expansion to the upside creating a bullish mss / smartmoney institutional price swing/ Bullish Open float
Price traded I to the discount of the price swing and expanded to create equal highs.
smart money traded lower to trapped retail resistance traders
The smartmoney engineered liquidity below a short term low to take the price higher to a HTF premium array which is the draw on liquidity highlighted in the chart above.
Expectation :
Us oils will be price higher by the smart money to draw to the draw on liquidity.
Conclusion :
we have a bullish bias for this week and beyond
EURUSD potential Forecast | 14th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for 14th November 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
- I notice that price closed on the Daily with a very strong bullish candle
- Also spotted the BSLQ at 1.03688
Idea
Looking for price to clear the BSLQ at 1.03688, where heading towards the Daily Supply zone at 1.04171.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast Freaky Friday | 4th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
I still have an overall bearish bias for EURUSD. Through my observation, I like how the chart has a relatively nice order flow where price is retracing up and tapping into the Fair Value Gaps before heading back down.
Idea
Expecting price to possibly continue bearish to head towards the H1 Demand Zone at 0.97018 where there are Relative Equal Lows resting just right above it.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential forecast | 2nd November 2022Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts.
Trade Idea
- Price rebounded off the fair value gap and market inefficiency as noted by the FVG zone.
- Anticipating price to continue moving down in light of the upcoming FOMC meeting.
- There is a possibility of FOMC pushing price further down.
- Price is still BEARISH structurally and is forming lower lows and lower highs.
These are my confluences to why I believe price can continue headed down.
Do leave a boost and a comment!
Will love to hear everyone's opinion on EURUSD now.
EURUSD potential Forecast for New York | 1st November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Fundamental news release 10am NY
- Shorting EU downwards due to the bullish USD news with the JOLTS Job Openings being better than previous + forecast
- Construction spending also was way better than previous + forecast
Entry
Short to the Unmitigated H4 Fair Value Gap at 0.98007
Always use confirmation entries on the lower timeframe for entries! Stay safe trading guys!
Please comment + boost this post if you guys enjoyed this!
EURUSD: Direction bias for the week!!! EU has just given us a sign of institutional backing on the bullish side, and that was the market structure shift (MSS) that happened on the daily TF last week.
We had a failure swing point to go lower below the previous low and that was the smart money trapping more sellers, they finally displaced above the short term high formed.
now we have a high probability bullish bias for the week.
Confluences:
📌. After the displacement above the short time high created on the daily TF last week, we have price left a fvg.
📌. IPDA, currently repricing to go higher for the week by trading from premium to discount P.D-Array matrix where they'll be looking to long on EU.
📌. Today is tuesday, and we're likely to create the low of the week today cause price has now traded into the discount of the previous bullish price swing on daily, and has also filled In the fvg In the discount.
📌. looking for the smart money to engineer liquidity below the previous day low today and see them buy into a premium PD-array as an expansion for the larger time frames.
📌. Targeting liquidity pools above the old high and equal highs above.
📌. we now have the buyside open float, which means the smart money has shifted their interest to be bullish.
Conclusion:
We have an order block as shown in the image, we're going to see smartmoney manipulate into that.
The bias for this week is bullish, looking for long opportunities is likely to be more probable than the shorts.
StefanFX.....