Gann
Trade explanation and more downside expectedHi traders, welcome to this trade breakdown. Its situation has played out and I traded with decent gains. I'm still in the position and I expect more downside coming however my TP is in the 50% of the CLS range.
The goal of this post is to show you briefly my unique method of reading the market by understanding CLS.
Let's put it all together 🧩
Follow me I will be posting more educational posts like this one and don't hesitate to ask with any questions in the comment.
📍HTF Level - Weekly breaker / FVG
📍Range created, 2nd candle manipulated to the HTF level and closed inside the range.
📍The third weekly candle retested the 50% of the wick there I entered at 199.148 - the candle closed inside the range which is another confirmation.
📍4th week opened and retested the range with manipulation above the Asia session.
At this moment, I took partial profit and SL is on the break even.
📍 HTF view
What is CLS?
You may never hear about them.
Just find out about them on Google or their website. This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are simply market maker.
I hope this educational post helps you at least briefly understand my method.
Dave FX Hunter
Smart money uses a system. This is mine "Smart money" doesn’t rely on luck—it relies on a system. Consistency beats chaos, especially when it comes to navigating the markets. I’ve built my own system for making informed decisions, and it's been a game-changer for me.
In this post, I'll give you a look into how I structure my approach. It's not about predicting every move perfectly; it's about creating a framework that helps stack the odds in your favor over time.
Let me know if you use a similar strategy or if you've got questions about building your own system—I'm always up for a good conversation about how to make the markets work for you.
Have you tried GannZilla? It changed me lifeGannZilla reads planetary positions in astrology and interprets them in relation to Gann's Square of 9, a geometric chart that helps traders identify potential price levels and market turns based on mathematical relationships. By aligning astrological events with the Square of 9, GannZilla aims to provide insights into market movements influenced by planetary cycles, helping traders make more informed decisions based on both astrological timing and Gann's theories.
amazing scalp trade done in 10 secondsToday i literally made 145$ in 10 seconds, waited for the system to signal me a sell " Alert ". once to sell alert triggered i got in and got right out ; i finished the day positive 250$. The key to trading is to feed your ego and in order to feed your ego you have to receive gains. The gains can be big or small just don't get greedy , greed is the number one killer in trading stocks and in life in general.
Beware of Symmetrical Triangles. And yes, they occur oftenWhy Beware?
Ambiguous Direction: Symmetrical triangles don't inherently indicate whether the breakout will be upward or downward. Without additional confirmation from volume or other technical indicators, predicting the direction can be challenging.
Market Noise: In volatile markets, price movements within the triangle can be erratic, making it difficult to identify clear breakout signals amidst the noise.
False Breakouts: Not every symmetrical triangle leads to a significant price movement. Sometimes, the breakout fails, resulting in a false signal that can trap traders in losing positions.
The 45 Degree Line: A Very Effective Tool in Trading.The 45 Degree Line: A Very Effective Tool in Trading.
When the ppix of an asset explodes and forms a very steep slope, the 45 degree line, also known as the 1x1 Gannangle, is an important and very useful tool in technical analysis, used to identify and predict market corrections.
Meaning of the 45 degree line:
The 45 degree line represents an equilibrium trend in technical analysis. It is considered an average support or resistance line, indicating a balance between time and price. This line is particularly important because it suggests a constant and balanced progression of the market.
Main characteristics
-Angle: The 45 degree line forms an angle of 45° with the horizontal axis of the chart.
-Notation: It is often noted 1x1, which means that it represents a movement of one unit of price for one unit of time.
-Interpretation: A trend following this angle is generally considered strong and likely to continue in the same direction.
Use in Technical Analysis
Traders use the 45-degree line in several ways:
-Identifying trend strength: A trend that follows or exceeds the 45-degree angle is considered strong.
-Support and resistance: The line can act as a dynamic level of support in an uptrend or resistance in a downtrend.
-Forecasting movements: Traders can anticipate trend changes when price deviates significantly from the 45-degree line.
-Multi-timeframe analysis: The line can be applied on different time frames, from short-term to long-term, for a more comprehensive analysis.
Integration with other tools
The 45-degree line is often used in conjunction with other technical analysis tools for a more robust analysis. It can be combined with indicators, chart patterns, or other Gannangles to confirm trading signals and improve forecast accuracy.
In conclusion, the 45-degree line is a powerful but often underestimated tool in technical analysis. Its simplicity and versatility make it a valuable tool for traders looking to identify and follow market trends with precision.
Analysis / Over Analysis / Eagle ViewWhat to do ?
Long term, short term, Swing ?
What to pick ? How to pick ? Best Indicator ?
Wait!
Do simple Earn Simple.
1. One SIMPLE Any Strategy
2. Capital & Risk Management
3. Eagle View
Yes! That's it.
Is this the secret ?
No!
Secret is in front of you. You need to build that vision, need to earn that vision. It's can't be handed over.
Thank you for reading me.
Comment and communicate to grow together.
PART 4 67years back in timeWe have previously established the close relationship between the 1899-1929 period and the 1997-2028 market cycle. Various arithmetic sequences and planetary cycles that influenced the price movement during the 1899-1929 cycle are true to happen in the current cycle. As we saw in this video, the price movements already recorded obeyed the same laws as of the 1899-1929 period and would continue to do same..
Check back for PART 5 as we look at the small timeframe and possible ways we can trade the market.
The Famous Monkey Story in Every Markets!The Famous Monkey Story in Every Market!
Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy monkeys for $100 each.
The villagers were thrilled, as there were hundreds of monkeys in a nearby forest. They caught the monkeys and brought them to the rich man, who paid $100 for every monkey they gave him. The villagers began making a living by capturing monkeys from the forest and selling them to the rich man.
Soon, the forest began to run out of monkeys that were easy to catch. Sensing this, the rich man offered $200 for each monkey. The villagers were ecstatic. They went back to the forest, set up traps, caught more monkeys, and brought them to the rich man.
A few days later, the rich man announced he would pay $300 per monkey. The villagers started climbing trees and risking their lives to catch monkeys and bring them to the rich man, who bought them all. Eventually, there were no monkeys left in the forest.
One day, the rich man announced he would like to buy more monkeys, this time for $800 each. The villagers couldn’t believe their luck. They desperately tried to catch more monkeys.
Meanwhile, the rich man said he had to return to the city for some business. Until he returned, his manager would handle transactions on his behalf.
Once the rich man left, the villagers were unhappy. They had been making quick and easy money from selling monkeys, but now the forest had no monkeys left.
This is when the manager of the rich man stepped in. He made an offer the villagers could not refuse. Pointing to all the caged monkeys, he told the villagers he would sell them for $400 each. They could sell them back to the rich man for $800 each when he returned.
The villagers were over the moon. Buy for $400 and sell for $800 in a few days—they had found the easiest way to double their money. They collected all their savings and even borrowed money. There were long queues, and within a few hours, almost all the monkeys were sold out.
Unfortunately, their happiness did not last long. The manager went missing the next day, and the rich man never returned. Many villagers kept the monkeys, hoping the rich man would come back. But soon, they lost hope and had to release the monkeys back into the forest, as feeding and caring for the noisy monkeys became extremely difficult.
This is exactly what happens when you buy low-quality companies in the stock market. There will be a low-priced stock that no one is interested in buying. A few rich men will suddenly start buying it. The stock price will rise because there are suddenly many buyers and very few sellers—a classic case of huge demand and no supply, like the monkeys in the forest.
The stock gets plenty of coverage on business channels and newspapers. These rich men will also use tricks like sending out bulk SMS messages, asking people to buy the shares for huge returns, and giving free tips. New and inexperienced investors, hoping to double or triple their investment, get lured in. Finally, the big players who bought the stock early when no one wanted it sell it back to inexperienced investors at high prices.
Don’t be greedy—there is no quick money in the stock market or in life. It takes time and effort to become wealthy, and there are no shortcuts.
Hit that like button if you like the story. Follow my profile for more content.
HIGH + LOW RESISTANCE LIQUIDITYHIGH + LOW RESISTANCE LIQUIDITY
LOW RESISTANCE LQ
1. No liquidity
Available SSLQ generated at weak low = low ressistance LQ
2. Price is more likely to pullbakc to the nearest POI
3. High resistance LQ left at new strong high
4. Price will move impulsively past low resistance lows to target availabe weak low
HIGH RESISTANCE LQ
1. Strong liquidity
Signals potential institutional backing leaves high resistanve LQ
2. Often price will then pull bakc much deeper or protentially reverse
3. The end of the pullback often forms through a liquiditytion, leaving high resistance LQ at what he becomes the new strong / protected high
4. Price meets some resistance at the sweep zone to the left rather than smashigh straight through the weak lows when there's low resistance lQ
Quick coding tutorial on how amateurs can create their own toolsI played around with tradingview scripts yesterday to test out some stuff I had on mind
Earlier this year I've been talking about Ai and how its shaking things up
If you aren't using it yet, start now
This vid helps demo how easy it can be
Building systems to support yourself whilst your busy livingI am putting all of my energy in to coding support mechanisms for when I am doing real life activities
If I were a single guy in his 20s I'd be able to chain a keyboard to my forearm and be present at every market move, but I am a family man who's out doing life therefore need virtual support to do the things I can't when I am not at my computer
We live in a n age were we can build our own tools to support us
I recommend each trader gets familiar with how to code, as you can have the best of all worlds these days
I also firmly believe that markets are 'future proof' and winning at this game will have offer more support than many of the other industries the Western World have created profit from. We're in a rapidly changing world, and its an adopt or drop off environment for many.
For those on the fence, put your attention to what's going to be there for you during this era of massive transformation
How to maximize your profit per market moveApologies for the bad mic quality, the pro-mic wasn't connected this time
holding open a profitable trade with the fear of losing your already made profits can have you close a trade early, losing out on the maximum profits available on that transition
its best to employ a way for the market to tell you when its ready to close rather than you take on all of that responsibility yourself
what I do is wait for the Oscillator to switch before closing my trades
Charting versus Trading. They are not the same thingFirstly I meant to say May and not April lol (kids had me up early this morning)
Charting is a science
Trading is an art
In this video I cover some topics such as:
Hedging
Trend
The difference between Charting and Trading
Position Sizing
MTOPS Order Tool
Meta Trader with FTMO
Using various accounts within FTMO
and more ;)