Scalp trading techniques were covered in the live session this morning. Our Smart Money trader showed how to take advantage of multiple smart money scalp trading techniques. It’s been a strong week – we hit most of our targets… and of course it’s Friday, so who holds a trade over the weekend? We identified scalp trading techniques for multiple instruments, such as the S&P500, ETHUSD and more! If you didn’t tune in live, be sure to catch the replay in the portal.
On the DXY we are watching the imbalance at the ( members only ) area to reject, but if we close bearish below ( members only ) on the current 4H candle, then price may drive down. So far this week, everything in terms of targets have been met, apart from EURCHF and EURGBP expectations.
EURUSD reached all of our TP levels as we are just watching price for today. Price attacked the old low, previous target at ( members only )… if it takes this out, we have a potential sell opportunity to the equal low and then to ( members only ). We remain bearish on EURUSD into next week.
We closed all for our trades for the weekend on GBPUSD, as price traded into the imbalance zone that we were expecting. Price looks like it wants to retrace, so we want to take another sell at ( members only ) and take the downside at ( members only ). We are waiting for now, and using scalp trading techniques for the day.
NZDUSD hit our targets on sell side liquidity, and we are now looking for the ( members only ) level as the next draw.
AUDUSD took out the equal low as anticipated, and now it’s trying to reject. Market structure has been broken, but we still think price is bearish for next week – just not today. Smart money scalp trading techniques can be applied to this pair today.
EURGBP price seems bearish to the equal low at the ( members only ) range, just keep an eye on the divergence. We can wait for a buy next week, but you can scalp today.
USDCAD hit our first target, and we see an upside to the ( members only ) level, and then to the ( members only ) zone.
USOIL price attacked buy side liquidity and closed a weekly gap, so another scalp trading technique waits here. Look for a break in market structure, then take the equal low at the 88.08( members only )level, then target the ( members only ) area. But remember, this is for today only.
GOLD took our target, and we expect price to continue going lower for the imbalance at the ( members only ) range.
We are just scalping BTCUSD, and staying out long term for now. Price looks temporarily bullish only to the ( members only ) zone, and then to the ( members only ) area, a short term look for run above highs or lows.
On the high timeframe, ETHUSD is still in consolidation. We still see a draw at ( members only ) and yesterday’s identified levels ( members only ), so feel free to scalp it using the external range liquidity zones. Be sure to watch the replay of the live session to get an insider’s look at how to use these scalp trading techniques.
And there’s a ton more of currency, crypto, commodities and other indices left to go over, paid members get to follow along with the trader daily inside our trading portal.
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