Scalping Gold Using Supply & DemandImagine, not giving a flying F about anything and just taking trades where you think the market is likely to react. Well you don't have to imagine because that is quite literally exactly what I do using this scalp system I've created.
Truth be told I've created this scalp system many years ago but I only recently (within the last few months or so) perfected this particular system. Most of you who know me know me to be a very avid swing trader as my analysis are usually pretty detailed and good.
This system is a stark contrast of my swing style and such a simple change of pace to be frank.
That being said, so long as you understand the general concept of this method you'd be surprised as to how consistent it is despite its simplicity.
Have a good one guys, see you real soon =)
Goldscalp
gold short scalp tradeThe price has rejected the high end of its range, which has been consistent over the past few weeks. After the breakout, there has been no proper retest. We are considering taking a bearish approach to finish off the move, but keep in mind this makes scalping a bit risky since it could potentially retest the breakout. It's important to manage the trade properly, especially since this is an Asian trade.
GOLD SHORT SCALP SIGNAL 15 MINHello friends,
I have previously announced the long-term analysis of the global gold market in higher time frames. I recommend that if you haven't seen that chart, be sure to take a look.
However, in this time frame, we can take short-term trading opportunities with a scalping approach and risk for logical rewards. I have identified two positions for you.
It is worth mentioning that these positions do not contradict the long-term analysis.
Also, please note that this trade carries a high level of risk, and capital management should be carefully considered.
Wherever you are, be happy and profitable.
XAUUSD - here's how i avoided losingA range bound today today gold gang! .. Heres how i avoided getting beat.
I was only waiting for buys above my level with a clear closure .. when i say clear i mean around 30 pips. Then i wait for the pull back or retest, and execute on the break of the candle. Simples.
If i don't get these things, then i simply do not trade.
Im still expecting the slight pull back to occur but will be asleep .. if the pull back doesnt happen in ASIA, then we will make our way down to the next major level marked on my chart.
Hopefully tomorrow will be a better day with some VOLUME!
Please like and follow along to for more trade ideas. Have a great night.
Tommy
GOLD - RAPID SCALP - WE ARE KILLING ITHi Team,
Please see linked post to see my big GOLD trade set up - it is running beautifully and is just a few pips from TP.
If you missed out, we have a lovely scalp opportunity just now.
Prices is descending, respecting 1H EMA and giving us clear price invalidation. Look for rejection from EMA and ride the sell down to at least our initial TP (1:10 ratio) and local structure TP2 (1:25 ratio!)
Gold scalp is what I do best, so let's make some money.
Good luck, trade safe, and please like/share and comment if you like what I do!
DrBear
GOLD BUY SCALPQuick buy scalp
M5 chart Moving averages crossed over.
We have a double bottom on todays daily low prjce maybe tested one more time.
Currently expecting a buy
So lets see what happens.
Ps price when I was maki g the chart was just under 1810 and now it is close to the first tp...
Thougbt? Drop a comment
Thanks for viewing.
GOLDAs we can see, price fell this past week because of an order block (which was signaled by the manipulation that occurred at around 1830). Price then brokedown and came back to retest the Order block zone, giving us confirmation and an opportunity to open a position. An order block has been formed again on the M15 and I'll be waiting for price to retest the Order Block zone (at least the 0.5) before going long to give me a RR of 1: 13... Im open to any movement though. I respond to price not predict it.
*Disclaimer*
This is not financial advice. Forex trading is very risky. Trade at your own risk.
#Trade_Like_A_Magnate
gold 24.06.21I am not expecting a big move from gold just yet however for now we might have price push higher for the retest before it can push lower to continue with the big consolidation between 1794.26 and 1761.80 on the h4 or price could continue going higher as a level has been created at 1772.50 which it has tested a couple of time times so we might see price ranging for quite some time around this area and we use this range to our advantage hence the buy.
price created a range at our support, London opening made a breakout. we just have to be careful that price could come lower to swipe out all stop losses before pushing higher for the resistance. if price fails to stay above the range that was created during Asian session, you have to be careful, price could drop.
Quick Gold short 4h So everyone, The upward monetum has slowed and this is just a quick scalp idea before another big upside
I have entered a short already near to the daily high, very tight stop which is now a secure trade to close in a small profit.
If my TP hits the close of the next candle would give me another idea to determine the direction but according to my previous chart i still see an upside passed 1800
See.my previous idea for info on this
What you all think?
Thanks for looking
Scalp strategy GOLD Wait for cross of emas on 15m or 5m depending on your hold time.
Wait for candle to be above the emas for bullish, below the emas for bearish. Watch resistance zones, for added confluence wait for a closed candle above resistance.
Remember 5% risk management, putting trade into break even and securing partials.