Except USDCAD is a non-interest at this point. Good job traders - yes - Long UJ for the Liquidity Gap Fill play. Why? Because retail is still trying to short it (heavily piling in) & price wants to fill the void.

Stop Hunting using Sentiment and Market Structure

Hint. Look familiar? Wait, did I just buy the stops of the prior 3 candles?

Stop Hunting using Sentiment and Market Structure

Any idea what trades I'm in and why?

Stop Hunting using Sentiment and Market Structure

Current Sentiment Snapshot: Notice Timestamp top right. Notice USDCAD has moved more into the buy zone and has fallen from grace. Also notice as you probably would expect if you understand risk on/risk off/safe havens - USDJPY and USDCHF typically ...

Stop Hunting using Sentiment and Market Structure

News always trumps charts or any other analysis as markets will quickly reprice the new information. That being said - as soon as the bubble popped (i.e. went from REALLY BIG to normal sized) then I wasn't interested any more. And to top it off, ...

Stop Hunting using Sentiment and Market Structure

Be careful with USDCAD, Even though it was showing a strong sell - that bubble popped. Retail flushed.

Stop Hunting using Sentiment and Market Structure

Good point, that last graphic was taken at the time of the post if that helps. Will include in future version in UTC time

Stop Hunting using Sentiment and Market Structure

Good Morning Traders, I will try to get to some of the comments and questions later. Attached is the current sentiment snapshot. Remember - This chart is already INVERTED so that we do not have to think about how retail is positioned. If the ...

Stop Hunting using Sentiment and Market Structure

Yes it is - because Yen is weak across the board as a basket currently. So there will be similar price patterns depending on what currency it is paired against. The strength meter uses quantitative trading methods that rank and scale currencies ...

Stop Hunting using Sentiment and Market Structure

And LOL. I thought I would see short term uptrend patterns. To the moon. "Surely price has to turn around - I'll keep adding short until it does." ~ Retail "I just want to get out at break even." ~ Retail "I'm losing way to much - I can't take the ...

Stop Hunting using Sentiment and Market Structure

Current Snapshot of Currency Strength. Haven't looked at any charts yet but based on this, I would imagine CADJPY is in a short term uptrend. Since JPY is the weakest currency - and retail is shorting (trying to long JPY) - confluence of elements ...

Stop Hunting using Sentiment and Market Structure

If Retail keeps heavily shorting UJ - price will aim to fill this Liquidity Gap. That is the natural order of this particular situation. Price wants to fill the void. As always - news trumps charts. Anything that causes Risk Off will send UJ south. ...

Stop Hunting using Sentiment and Market Structure

I have given info here FREE - the idea that retail positioning can provide you with direction no matter how you trade. I've also shown for FREE - some basics about how liquidity and market structure works. I'm showing people how to think ...

Stop Hunting using Sentiment and Market Structure

Here is some analysis for you for the USDCAD trade that I missed out on because I canceled my limit order that was waiting at the red line before market open on Sunday. See previous posts to confirm. Trade may still go to target (red area). If you ...

Stop Hunting using Sentiment and Market Structure

This is a USDJPY trade that I'm in, got in at "magically" the right time and now exiting. After many years of trading, my entries are very precise and when I'm wrong, I know quickly. Look at sentiment. Entry based on Market Structure and Trading ...

Stop Hunting using Sentiment and Market Structure

Even though I removed my orders.. look how price would have hit my order and turned immediately within a pip or two. When you know.... you know.

Stop Hunting using Sentiment and Market Structure

Good Day Traders, Closed open orders for USDCAD - price continued to move south. (Surprise surprise). I couldn't get in at those Retail levels - it went against the way that I trade. I prefer to enter wholesale. Less risk - more reward. I placed the ...

Stop Hunting using Sentiment and Market Structure

As mentioned before, if you had a directional bias - i.e. USDCAD is a Sell because of Sentiment - Higher Time Frame Order Flow - and Market Structure... You could have sold every stop on the way up - with a 1 Min chart and bought the stops at the ...

Stop Hunting using Sentiment and Market Structure

And Last, what I'd like to see is Shorts that just got on board thinking it's going down now to get stopped out - to fuel price to my short entry. This sort of PA would also be an against the flow - short term trading ops. Circled Areas would be ...

Stop Hunting using Sentiment and Market Structure

Liquidity Pool #2 Taken.

Stop Hunting using Sentiment and Market Structure