Dollar Analysis: We are unbiased currently and waiting for more price action this week and will continue to update. ππ½
London Boyz pinned Β«LB Announcement:π We would like to announce that from this day forward we will begin to share long-term/short-term/intra-day bias. Charts and updates will be sent out to provide our outlook on the market. Disclosure: Our bias may adjust according to currentβ¦Β»
Forwarded from London Boyz
Market Open To Do List π
βοΈMark Sunday Opening Price - If the directional bias is bearish you would expect for price to trade above MOP to set a high to sell off during the week - Vice Versa for the Buy scenario.
βοΈNote where price has shown a quick shift away from a specific level. This helps determine if buyers or sellers are in control of the market.
βοΈNote recent highs and recent lows in the market that haven't been retested. This will help indicate where price has came from and where it is going.
βοΈNote any levels in the market where price has left βcleanβ highs or lows (equal lows and equal highs). High probability that price will be seeking to run stops above or below these equal lows and equal highs.
βοΈWhen analyzing the market:
Daily Chart - 12 months (no less than 9 months back view)
4 Hour Chart - 3 months back view
1 Hour Chart - 3 weeks back view
15 Minute Chart - 3 to 4 days back view
βοΈMark Sunday Opening Price - If the directional bias is bearish you would expect for price to trade above MOP to set a high to sell off during the week - Vice Versa for the Buy scenario.
βοΈNote where price has shown a quick shift away from a specific level. This helps determine if buyers or sellers are in control of the market.
βοΈNote recent highs and recent lows in the market that haven't been retested. This will help indicate where price has came from and where it is going.
βοΈNote any levels in the market where price has left βcleanβ highs or lows (equal lows and equal highs). High probability that price will be seeking to run stops above or below these equal lows and equal highs.
βοΈWhen analyzing the market:
Daily Chart - 12 months (no less than 9 months back view)
4 Hour Chart - 3 months back view
1 Hour Chart - 3 weeks back view
15 Minute Chart - 3 to 4 days back view
LB Analysis (EURUSD) - On EURUSD looks like we've got a sweep above AR tapping into a high prob. FVG. Targets are SSL. SL sitting at only 20 pips making it a low in risk trade setup.
LB Update: EURJPY trade setup sent on Saturday. First Target Smashed ππ―π―π―
London Boyz
LB Update: EURJPY trade setup sent on Saturday. First Target Smashed ππ―π―π―
Take Partials, 60 pips in profit π
LB Update: EURUSD trade setup smashed first target then reversed. Still profitable trade after partials were taken at first target. π
LB Update: First Target on GBPNZD breached. LV marked has been filled. Target 2 Equal Lows. 135 pip profit. π¨π½βπ
LB Update: EURNZD never purged equal highs to reach our desired entry zone. May continue to fall from here so we'll be on the look out for an entry. π