Skip to content

Trades – Week Ending 12/23/2022

How the Smart Money manipulates the market › Forums › Commercial › Trades – Week Ending 12/23/2022

Viewing 2 reply threads
  • Author
    Posts
    • December 19, 2022 at 2:59 am #49003
      ImpliedOdds
      Participant

        .

      • December 21, 2022 at 12:15 pm #49376
        ImpliedOdds
        Participant

          I’m back to the videos to learn and demo trade. Here’s a basic trade idea I see.

          1) Near top of blue band 4HR range.
          2) Shorties over longies on DM indicator (more shorties than longies).
          3) Longies in profit.

          Unfortunately, stops not populating on any of the time frame charts for this pair right now, so targets aren’t available, but will monitor this trade for DM switches etc.

          • December 21, 2022 at 12:30 pm #49379
            ImpliedOdds
            Participant

              Short trade btw…. 🙂

            • December 21, 2022 at 12:53 pm #49389
              Tim Tim
              Participant

                It looks like decent setup in terms of range but the order flow is pretty shit on this pair I think, hard to read

            • December 21, 2022 at 12:51 pm #49383
              Tim Tim
              Participant

                Trade closed early because? is this correct analysis

                Trade: Long Stop target trade GBPJPY

                Trade idea: Move up to take out the upper MT stop

                Y-axis PB: No visible positions blocking or supporting price (Neutral) 50%
                X-axis PB: Decent sized new shorts entering some old longs to (Neutral – Positive ) 75%
                Net DM: In favour of longs and long squeeze (Negative) 0%
                Net T-in-prof: Longs in profit (Negative) 0%
                Lev Positions: no new shorts over lev (Negative) 25%
                1D chart: All MA in trade direction (positive) 100%
                Where in range: Extended from the 4H range (positive) 100%

                Trade score = 3.5/7 50% (Medium trade confidence)

                Entry: 159.733
                SL:156.854 (Below the lower stops)
                TP:162.555(Just before the upper MT stop)

                1-21.12.2022

                2-21.12.2022

                Trade Closed: Trade closed in small profit at 160.170

                Reasoning: New longs entered the market (DM switch) and the target MT stop was removed. The MT stops below are close enough to be taken out. More likely to move down.

                3-21.12.2022

                4-21.12.2022

                If anyone has some feedback be great

            • Author
              Posts
            Viewing 2 reply threads
            • You must be logged in to reply to this topic.