3rd Eye Trading

2021-10-11 00:20:47 Reflection

GBPUSD: A clean setup framed off a MMBM. My entry reasoning for this was a clean sweep of NY opening price into the 2nd SD to form the Judas swing and then during NY possibly capitalise on a NY OTE within the 4HR OB (as my entry was framed at the low of the 4HR OB)
Instead, I should have brought in NY knowing London made the LOTD and SMT has formed, as I pointed the SMT out on the signal before, so with that in mind this was a typical ICT Buy Day.

in regards to targets, I wanted to see a clean sweep of the original consolidation in the market maker buy model, a clean sweep above the big figure 1.36000 and for the buy stops to be swept. If we were present in this setup, Take Profit would have been smashed and a 5% gain would have been on the table.

https://www.tradingview.com/x/lWZeIZMF/ Open / Comment

2021-10-11 00:20:35 SIGNAL. *1% RISK*

Pair: GBPUSD

Entry: Buy Limit (1.35665)

Stops: 1.35539 (12.6 PIPS)

Target: 1.36399 (73 PIPS)

RR - 1:5.8

https://www.tradingview.com/x/fVIf3IbL/ Open / Comment

2021-10-11 00:20:11 Reflection

EURUSD: Entry: The entry was based off several BMS on a 15m TF. I wanted to see a price respect the 2nd SD of the Asian range, mitigated with the 1HR OB + have a clean 10 pip sweep of the sell stops. Unfortunately price missed our bullish entry, however this was an intraday trade so Our limit was deleted at the end of London close, so no losses were occurred.

Shortly after price consolidated due to inter market related on GU DXY and EURGBP, hence why we didn't look for re entries on this the day after, rather GBPUSD because that was the stronger currency pair out of the two.

https://www.tradingview.com/x/7ecUPBXt/ Open / Comment

2021-10-11 00:19:57 SIGNAL. *1% RISK*

Pair: EURUSD

Entry: Buy Limit (1.15789)

Stops: 1.15635 (15 PIPS)

Target: 1.16893 (110 PIPS)

RR - 1:7.1

https://www.tradingview.com/x/QbF8CmWd/ Open / Comment

2021-10-11 00:13:19 AUDUSD: Entry: There were multiple factors I was I was looking at for Longs on AUDUSD, firstly being we were trading at a HTF OB (Daily). Secondly we were trading within a MMBM, in sync with this we were at the re-accumulation stage; this was inline with equal lows present, and a breaker, so my thought being the Equal low's will be swept, a mitigation of the breaker would occur with the NY session and we will see higher pricing from there. We witness that happen, however we traded deeper than expected in the breaker and traded at the OB.

Stoploss: My stop placement on this was a bit tight, as it was 8.7 pips but NO losses were occurred on this as we delete this limit going into Asia due to the high impact news event that was going to commence that night during the Asia session. Next time our stoploss will be big enough so it covers both the (HTF reference point) and intra-day reference point (Daily OB)

Targets: I was targeting the 0.73402 figure to be met; this was my TP. We missed TP by 1 pip; the reasoning behind the target was a completion of the MMBM in sync with that, just above the original consolidation we had a LRLR + Buy stops/equal high present which I wanted to see a clean sweep of. In addition to this we had the big figure number 0.73000 which I wanted to see a clean 40 pip sweep.

https://www.tradingview.com/x/NP2kHlsP/ Open / Comment

2021-10-11 00:13:19 The reflection post Open / Comment

2021-10-11 00:12:27 SIGNAL. *1% RISK*

Pair: AUDUSD

Entry: Buy Limit (0.72395)

Stops: 0.72308 (8.7 PIPS)

Target: 0.73402 (100 PIPS)

RR - 1:11.57

https://www.tradingview.com/x/gFdMydUQ/ Open / Comment

2021-10-11 00:12:27 AUDUSD signal we gave out Open / Comment

2021-10-11 00:11:39 Good evening 3rd Eye family!

Market are open again! Last week we had a breakeven week, a lot of the trades/signals given move in our favoured bias, but fail to do so within the time and price region that we trade off. This has happened quite a few times to us during Sept, so we decided to introduce an additional feature called 'reflection'

We are going to share last weeks reflection with you all here; but going into future weeks, the reflection posts will only be for premium members. Signals will continue as normal, however this is an additional feature we have decided to add, so the 3rd Eye understand exactly where we went right and wrong and pick up on these mistakes together Open / Comment

2021-10-04 11:44:54 New week.

New opportunities in the markets

Today’s fundamentals :

AUD RBA Rate Statement -

Why it’s important for AUD pairs :

It's among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions. Open / Comment