XAUAUD, overall Bias Bullish. I try to look at the charts as a Market Maker. Last session before closing for the weeknd, they put traps.
Future? Think what retail would do and do the OPPOSITE !
Retail, looking at the charts, will go Short. The MM will go up, taking out the liquidity at A1.
Let's see what this weeks brings ..
Future? Think what retail would do and do the OPPOSITE !
Retail, looking at the charts, will go Short. The MM will go up, taking out the liquidity at A1.
Let's see what this weeks brings ..
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Level A1 liquidated, big engulfing candle. Let's see a retest at 1800 before we go down and hunt 1754Note
No retest ):Now i like to see a fake breakout, taking out 1806. If so, we go down
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SL 1808Note
Price go's up, volume go's down so uptrend is not supported by volume, prepare to go ShortBut what i realy want to see is that spike!!
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Do we have a killshot? Trailing SL 1806
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No killshot. Maybe there will be that spike? I have put the SL back at 1808.Note
Will there be that spike this time? Trailing SL large above 1810. If it spikes, there will be some space in between. If it pulls true extremly, i close the trade manuallyNote
Finaly, now what lolTrade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.