Forecast
Archive for Boom Fx Trader
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Here’s The Easiest Way to Know if a PD Array Will Hold!
Here’s The Easiest Way to Know if a PD Array Will Hold!Stop overwhelming yourself with a thousand PD Arrays. Instead, focus on the essentials:➡️ FVGs➡️ Swing Points➡️ PCH/PCLFrom there, apply Candle Science to read price through the lens of 1 Candle. Ask yourself:👉 Is it a Respect Candle (hint: long wick)?👉 Or a Disrespect Candle […]
Major & Minor Inducement
If you’re struggling with Inducement in your SMC trading, this is for you. Many times we take trades that are not mature enough to move with current market structure or Price action. One of the major reasons is because we oftentimes neglect the importance of inducement and identification of major and minor Inducement. Minor […]
Proper Timeframe Alignment
The Importance of Timeframe Alignment Aligning multiple timeframes is a critical step in trading. It ensures that the chosen setup reflects the overall market trend and minimizes conflicting signals. This strategy uses three aligned timeframes—higher, middle, and lower—to analyze market structure, refine points of interest, and pinpoint precise entry levels. Framework: Steps for Trade Setup: […]
Perfect CHoCH Entry Setup
Introduction to CHoCH CHoCH stands for “Change of Character,” a term used in technical analysis to signify a shift in market structure from bullish to bearish (or vice versa). It often represents a potential reversal point or the beginning of a new trend, making it a critical area for traders to analyze. In trading, a […]
Explains the Liquidity Concepts
Introduction Liquidity refers to the availability of buy and sell orders in the market. Large financial institutions or “smart money” often target liquidity areas to fill their large orders. This concept helps traders identify where price is likely to move based on the actions of these institutions. Explanation of the Image Key Takeaways This image […]
USDJPY Daily Forecast ✍️📈
Boom FX Analysis – USD/JPY (Daily Chart) Date: December 22, 2024Key Principles: Simplicity, Experience, Knowledge Market Overview: The USD/JPY pair has shown a strong bullish rally recently, reaching a Fair Value Gap (FVG) and tapping into a daily supply zone (OB) around the 160.000 level. This area marks a significant resistance point, with indications of […]
USDCHF Daily Forecast ✍️📈
Boom FX Analysis – USD/CHF (Daily Chart) Date: December 22, 2024Key Principles: Simplicity, Experience, Knowledge Market Overview: The USD/CHF pair is currently displaying a significant bearish bias, following a strong upward correction. The price has tapped into a daily supply zone (highlighted in red), which aligns with a bearish order block (OB) near the 0.9150 […]
Major & Minor Inducement
If you’re struggling with Inducement in your SMC trading, this is for you. Many times we take trades that are not mature enough to move with current market structure or Price action. One of the major reasons is because we oftentimes neglect the importance of inducement and identification of major and minor Inducement. Minor inducement […]
CAD/CHF Entry Update +70 Pips Running Profit 🚀
CAD/CHF Entry Update +70 Pips Running Profit 🚀Another clean and strategic entry on #CADCHF, delivering impressive results so far. Patience and precision are key, and this trade setup reflects that perfectly. 📌 Intro: At Boom FX, we focus on delivering high-probability trade setups by leveraging market structure and liquidity concepts. This CAD/CHF trade is an […]
EUR/GBP Trade Recap – Target Achieved 🎯
EUR/GBP Trade Recap – Target Achieved 🎯Precision trading at its finest! #EURGBP followed our forecast to the letter, delivering exceptional results. 📌 Analysis Overview: At Boom FX, our strategy focuses on identifying high-probability setups by analyzing market structure, liquidity zones, and key imbalances. This EUR/GBP trade showcases the effectiveness of that approach. 📊 Trade Setup […]
