Bank holiday in the US, volume is way lower today!
Fair value area (green line) far from stopping price and pushing price down!
Price seems to be forming new FVG's soon, which indicates to me that we are going to see higher prices.
As price offered valuea to both buyers and sellers today, the most logical thing price wants to do now is go for liquidity.
Liquidity is found at swing highs, and lows!
We might first drop into the 1h FVG you see on the chart I share here. Hence I set some alerts. Let's see what the market brings today!
Fair value area (green line) far from stopping price and pushing price down!
Price seems to be forming new FVG's soon, which indicates to me that we are going to see higher prices.
As price offered valuea to both buyers and sellers today, the most logical thing price wants to do now is go for liquidity.
Liquidity is found at swing highs, and lows!
We might first drop into the 1h FVG you see on the chart I share here. Hence I set some alerts. Let's see what the market brings today!
❤46🔥38👨💻2
ElevatingFX - Analyses
Bank holiday in the US, volume is way lower today! Fair value area (green line) far from stopping price and pushing price down! Price seems to be forming new FVG's soon, which indicates to me that we are going to see higher prices. As price offered valuea…
1H FVG is being filled as we speak! Don't you just love that nice price action
❤49🔥35👨💻4
Normally I never use OANDA as it simply does not provide me with the best analyses. However, today ForexCom is freezed, so we just work with what we have!
Market currently in a small consolidation after 4th of July and NFP thursday.
In a consolidation, you can go to the lower time frames= 15m or 5m and wait for at least a second FVG to form out of a FVG. This is the first indication of price going somewhere again.
Prefarably, we wait for price to hit a higher time frame zone, which give the most powerfull reactions and so, the most powerfull trades!
Let's see! 👀
Market currently in a small consolidation after 4th of July and NFP thursday.
In a consolidation, you can go to the lower time frames= 15m or 5m and wait for at least a second FVG to form out of a FVG. This is the first indication of price going somewhere again.
Prefarably, we wait for price to hit a higher time frame zone, which give the most powerfull reactions and so, the most powerfull trades!
Let's see! 👀
❤53🔥21👨💻4
Gold showing us a daily PCL sweep. initially we want to see FVG forming on the 1h or 15m timeframe. Which so far are not happening.
This could be an indication, that there won't be enough power to push price higher!
Waiting on extra confirmations at this stage is crucial. You don't just want to go in on a sweep itself.
The trend remains bearish, so sells keep on being favourable. Again, also here, we need to have a good confirmation.
1. breaking the low again
2. forming FVG's
3. failing to push price higher with FVG's
Have a good trading day!
This could be an indication, that there won't be enough power to push price higher!
Waiting on extra confirmations at this stage is crucial. You don't just want to go in on a sweep itself.
The trend remains bearish, so sells keep on being favourable. Again, also here, we need to have a good confirmation.
1. breaking the low again
2. forming FVG's
3. failing to push price higher with FVG's
Have a good trading day!
❤40🔥34👨💻2
Price just had to make a correction after last weeks bullish run!
We just swept a weekly, daily and 4h high! A beautifull target could have been this 4h FVG, however price sometimes doesnt give you a good entry to sell from!
This 4h FVG is very interesting to look out for! It has a fair value area inside and also a nestled area, making this fvg a very strong buy zone!
As we are daytrading, we wait for a confirmation on the 5 or 15m timeframe from here!
We just swept a weekly, daily and 4h high! A beautifull target could have been this 4h FVG, however price sometimes doesnt give you a good entry to sell from!
This 4h FVG is very interesting to look out for! It has a fair value area inside and also a nestled area, making this fvg a very strong buy zone!
As we are daytrading, we wait for a confirmation on the 5 or 15m timeframe from here!
❤53🔥25👨💻2
you guys prefer a video or a written text about the last trade set-up?
Final Results
55%
Video I prefer
45%
Text I prefer
❤44🔥26
Double closed bodies on the higher time frames could harvest a lot of liquidity!
This can be seen here! Price was giving a good amount of volume after consolidating a bit around this key point.
The result is 2x 5m FVG's forming out of these closed 4h bodies + 1x 15m FVG, which ended up being a sharp turn!
15m FVG going in, 15m FVG going out!
The only thing we do is set and forget on the 15m FVG. An initial entry could have been taken on the second 5m FVG here, but price already up to fill the first 15m FVG against us.
Advantages:
Double closed body of 4h
volume with 2x 5m FVG
Volume with 1x 15m FVG
Sharp turn (fvg in, fvg out)
Dissadvantage:
15m FVG against us which not yet fullly dissrespected.
Counting both the advantages and dissadvantages helps you get an edge. Trading remains a game of probabilities! Keep being consistent and use the right amount of advantages!
This can be seen here! Price was giving a good amount of volume after consolidating a bit around this key point.
The result is 2x 5m FVG's forming out of these closed 4h bodies + 1x 15m FVG, which ended up being a sharp turn!
15m FVG going in, 15m FVG going out!
The only thing we do is set and forget on the 15m FVG. An initial entry could have been taken on the second 5m FVG here, but price already up to fill the first 15m FVG against us.
Advantages:
Double closed body of 4h
volume with 2x 5m FVG
Volume with 1x 15m FVG
Sharp turn (fvg in, fvg out)
Dissadvantage:
15m FVG against us which not yet fullly dissrespected.
Counting both the advantages and dissadvantages helps you get an edge. Trading remains a game of probabilities! Keep being consistent and use the right amount of advantages!
❤49🔥30👨💻1
Lower time frame analysis.
Wanted to see one of the green lines being taken out with a full body closure + FVG. The green line was the defence for bearish and bullish. The 50/50 zone has now been broken with a potential way up towards daily highs.
Price not going up strong, so momentum is gathering. SL placement is exactly below the low, as this should be holding for now, if not potential downside is way bigger.
SL just 200 points
TP 800 points
Way to running the game
Wanted to see one of the green lines being taken out with a full body closure + FVG. The green line was the defence for bearish and bullish. The 50/50 zone has now been broken with a potential way up towards daily highs.
Price not going up strong, so momentum is gathering. SL placement is exactly below the low, as this should be holding for now, if not potential downside is way bigger.
SL just 200 points
TP 800 points
Way to running the game
❤58🔥25
Long time no see guys! Back on the chart, so let me throw out some updates
❤51🔥29
Trades of this morning
Price came from a daily sweep, so initially I thought price to be bullish and go to the 4h FVG.
However on the 1h, the FVG did not create a new FVG, so it failed to push higher. Instead it swept the 4h HIGH which was the Asian high.
Price started to give a 15m FVG out of this sweep, meaning we got a lower time frame confirmation of going down lower!
Important for each trade: HAVE A CLEAR TARGET IN MIND! Which was the double body close of the 4h. Unfortunately we did not fully hit this trade, but we managed to catch 2x 400 points on the same movement!
Higher time frame touched + lower time frame confirmation + no strong resitance + clean target = good trade
Price came from a daily sweep, so initially I thought price to be bullish and go to the 4h FVG.
However on the 1h, the FVG did not create a new FVG, so it failed to push higher. Instead it swept the 4h HIGH which was the Asian high.
Price started to give a 15m FVG out of this sweep, meaning we got a lower time frame confirmation of going down lower!
Important for each trade: HAVE A CLEAR TARGET IN MIND! Which was the double body close of the 4h. Unfortunately we did not fully hit this trade, but we managed to catch 2x 400 points on the same movement!
Higher time frame touched + lower time frame confirmation + no strong resitance + clean target = good trade
❤78🔥47👨💻4
Current situation on gold!
We're coming from a 1h FVG, in which you can clearly see that the wicks below are not being dissrespected by a body closure below them.
The 4h asian high sweep should have made price move below this level, yet it failed to do so!
As one of the last remaining defences of going up, we encounter this 15m FVG. But here price already tapped into the zone and then closed with a full body above the first candle going in the FVG.
Giving us the confirmation of going higher towards a potential daily FVG.
Trading is not difficult, you just need to know where to look for!
We're coming from a 1h FVG, in which you can clearly see that the wicks below are not being dissrespected by a body closure below them.
The 4h asian high sweep should have made price move below this level, yet it failed to do so!
As one of the last remaining defences of going up, we encounter this 15m FVG. But here price already tapped into the zone and then closed with a full body above the first candle going in the FVG.
Giving us the confirmation of going higher towards a potential daily FVG.
Trading is not difficult, you just need to know where to look for!
❤98🔥93
Good outlook on the gold chart today!
So what is happening here. We went into a 4h fair value gab with 2 candles. the second candle swept the previous candle low and with this, hit the fair value area also called orderblock/breaker block etc..
A 4h fvg confirmation can be entered with a strong 5m fvg or 2x a 5m fvg. The best entry from a 4h, is a 15m FVG, which is being seen here. Currently a 15m fvg is still holding but we have some resistance of a 1h fvg. This 1h fvg however didnt gave any strong 5m FVG's downward, meaning, bullishness is more likely.
Moral of the story, you don't need any difficult trading strategy or indicators to tell you what the market is doing. Just focus on the FVG'S and you will be all set to know where the market is most likely to go to.
So what is happening here. We went into a 4h fair value gab with 2 candles. the second candle swept the previous candle low and with this, hit the fair value area also called orderblock/breaker block etc..
A 4h fvg confirmation can be entered with a strong 5m fvg or 2x a 5m fvg. The best entry from a 4h, is a 15m FVG, which is being seen here. Currently a 15m fvg is still holding but we have some resistance of a 1h fvg. This 1h fvg however didnt gave any strong 5m FVG's downward, meaning, bullishness is more likely.
Moral of the story, you don't need any difficult trading strategy or indicators to tell you what the market is doing. Just focus on the FVG'S and you will be all set to know where the market is most likely to go to.
❤101🔥96👨💻1