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Trade #5 AUDJPY 26 Nov 2024
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The trade on AUDJPY was based on a retest of the ultra-high volume zone, signaling professional activity. An ultra-high volume widespread down bar indicated strong buying by professionals absorbing supply. Following this, the price rallied with diminishing volume, culminating in a no-demand bar—a classic sign of waning bullish interest. The trade entry was triggered…
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Trade #4 EURCAD 20 Nov 2024
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The trade on EUR/CAD was based on observations from the daily chart, revealing a classic distribution phase orchestrated by Composite Operators (Smart Money). The first key signal appeared on August 2, 2024 (Point 1) with a widespread down-bar on ultra-high volume, closing near the bottom of its range. This indicated institutional selling disguised as…
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Trade #3 EURUSD 22 Nov 2024
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Trading forex during high-impact news announcements can be both risky and rewarding. In this blog, I’ll share how I used Wyckoff Volume Spread Analysis (VSA) to trade EUR/USD following a worse-than-expected Flash PMI announcement. This trade was a great example of how VSA principles can help identify opportunities when the market is volatile and…
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Trade #2 GBPNZD 21 Nov 2024
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This trade was brief, and I opted to exit early due to clear signs of weakness appearing in the market. Let’s dissect why I made this decision. Initially, all timeframes aligned with an uptrend, suggesting strength in the market. However, on closer analysis of the chart, subtle clues pointed to potential weakness emerging. Despite…