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  • #25,801
  • Jan 16, 2024 1:17am Jan 16, 2024 1:17am
H4,ichi, my map
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dolce vita
  • #25,802
  • Jan 16, 2024 1:23am Jan 16, 2024 1:23am
Quoting iusman23
{quote} Keeping in mind 2045 is a major support for trend shift, it must close below 2045 fvg, liquidity area for trend reversal. What I am wondering if it goes to it and just tap right on it instead of entering in the FVG. It can jump back up again, this liquidity grab can only be a stop loss hunt.
Doesn't need a close necessarily, grabbing liquidity there is enough for the reversal, price will re-trace and come back again for more lower SSL
  • #25,803
  • Jan 16, 2024 1:32am Jan 16, 2024 1:32am
Quoting d1zzy
{quote} Doesn't need a close necessarily, grabbing liquidity there is enough for the reversal, price will re-trace and come back again for more lower SSL
The order block on M5 at 2047 is being respected. Price is jumping on it.
Asking as a newbie to SMC, why is this happening? is it because the OB is still valid or because 2047 is also a support?
Secret to the Price Action is Liquidity.
  • #25,804
  • Jan 16, 2024 1:37am Jan 16, 2024 1:37am
Quoting iusman23
{quote} Keeping in mind 2045 is a major support for trend shift, it must close below 2045 fvg, liquidity area for trend reversal. What I am wondering if it goes to it and just tap right on it instead of entering in the FVG. It can jump back up again, this liquidity grab can only be a stop loss hunt.
I didn't agree with you. Coz there is other liquidity above those numbers. If you do that, you are likely a conspiracy theorist.
Look right, we'll see the signs
  • #25,805
  • Jan 16, 2024 1:38am Jan 16, 2024 1:38am
Quoting iusman23
{quote} The order block on M5 at 2047 is being respected. Price is jumping on it. Asking as a newbie to SMC, why is this happening? is it because the OB is still valid or because 2047 is also a support?
Majorly because its a strong support, OB is being respected because of another confluence to support it on the higher time frames.
  • #25,806
  • Jan 16, 2024 1:41am Jan 16, 2024 1:41am
Quoting azhantahir
Those who want to implement SMC as one of their methods should know about positioning before entries. Don't refer to imbalance (FVG) as an easy method / easy way for entries. Lots of things to do either for buying or selling. Completed your step before entering SMC. For me, SMC is more difficult if we don't understand the micro cycle steps such as 1. Reject Block 2. Order block 3. Liquidity void 4. Imbalance (FVG, BISI, SIBI) 5. Breaker zones (MMSM, MMBM) 6. Mitigations Put your ideas with charts. and don't be likely a conspiracy theorist. Maybe...
Whoa!! This comment literally made me think about studying SMC in depth.
Well, keeping screenshot of this comment in my pocket and studying everything mentioned here. Thank you, this is really going to be helpful now.
Secret to the Price Action is Liquidity.
  • #25,807
  • Jan 16, 2024 1:43am Jan 16, 2024 1:43am
we've seen "sell" already
can we see "buy" (?)
many thanks
dolce vita
  • #25,808
  • Jan 16, 2024 1:59am Jan 16, 2024 1:59am
Quoting babayaga
2051.25 is a middle of daily and 2049.78 is DeMark's DS1 and once more time I am watching 2048.10.., if more.., 46th,48th, 50th, 55th there are no news today happy trading break
There's CAD data and Empire State Manufacturing Index
  • #25,809
  • Jan 16, 2024 2:52am Jan 16, 2024 2:52am
tapped on 42
Be Calm In Every Situation
  • #25,810
  • Jan 16, 2024 2:59am Jan 16, 2024 2:59am
Quoting samuel84
{quote} I'm waiting at 2039/2040..
Approaching really close already..
  • #25,811
  • Edited 3:32am Jan 16, 2024 3:08am | Edited 3:32am
Quoting samuel84
{quote} Approaching really close already..

Yep 2038 type 1 harmonic on the hourly

ECB's Villeroy says next move will be a rate cut some time this year
  • #25,812
  • Jan 16, 2024 3:09am Jan 16, 2024 3:09am
Quoting samuel84
{quote} Approaching really close already..
you're waiting for buys at 40?
Secret to the Price Action is Liquidity.
  • #25,813
  • Jan 16, 2024 3:16am Jan 16, 2024 3:16am
I'll wait till 33 to go Long...
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  • #25,814
  • Jan 16, 2024 3:19am Jan 16, 2024 3:19am
Quoting iusman23
{quote} you're waiting for buys at 40?
Yup, taken 1st position..
  • #25,815
  • Edited 4:11am Jan 16, 2024 3:22am | Edited 4:11am
Quoting Rudrax
I'll wait till 33 to go Long... {image}
My fib shows 32, though it has to get through 36 first

edit - got stopped out at 41, will re-enter after NY open
  • #25,816
  • Jan 16, 2024 3:24am Jan 16, 2024 3:24am
Quoting d1zzy
{quote} My fib shows 32, though it has to get through 36 first
type 2 harmonic on the hourly is 2019

ECB's Villeroy says next move will be a rate cut some time this year
  • #25,817
  • Jan 16, 2024 3:39am Jan 16, 2024 3:39am
Quoting samuel84
{quote} Đúng vậy, chiếm vị trí số 1..
you can buy from 2045 and your tp can put to 2055
  • #25,818
  • Jan 16, 2024 3:53am Jan 16, 2024 3:53am
Quoting samuel84
{quote} Yup, taken 1st position..
Perhaps will take one more position if we go down around 2035...
Be careful guys, another war seems to be on the horizon with latest development with Iran...
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  • #25,819
  • Jan 16, 2024 3:53am Jan 16, 2024 3:53am
Quoting d1zzy
{quote} My fib shows 32, though it has to get through 36 first
same here bro
Be Calm In Every Situation
  • #25,820
  • Jan 16, 2024 4:35am Jan 16, 2024 4:35am
Quoting babayaga
we've seen "sell" already can we see "buy" (?) many thanks
nope
dolce vita
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