Bagging 40 on MNQ and leaving Working on my greed and patience, thankfully this was the right move to make, as I see in hindsight that at 10:59am the market completely reversed on this trade idea and melted lower.
Excited to see where the market is going to end up, I am just happy to end the day profitable, alive and well.
Ictstudent
I was Right On Gold/XAUUSD,Watch This Video To See How I did itIn this video, I gave the full breakdown of how I could see and accurately predict Gold's bullish move before it happened.
If you enjoy my content, drop a comment, boost this video, and make sure you follow me so you won't miss my future updates.
XAUUSD (GOLD) Analysis for the week of July 2, 2023. Gold has been in a solid consolidation for almost 3yrs now, with slight deviations outside of that range, nevertheless alway coming back into the range. Currently Gold has swept long term highs taking buy side liquidity...coming back into the range off those highs. My macro conviction is that Gold will now begin to draw towards sell side liquidity, which means a draw towards lower prices. So from a monthly standpoint Gold is bearish.
From a weekly standpoint gold has just taken sell side liquidity in the form of drawing into a longterm Buy Side Imbalance Sell Side Inefficiency or Weekly FVG (Fair Value Gap). Price have currently reacted from the consequent encroachment (midpoint) of that BISI, and it is my conviction that we are seeking higher prices and drawing towards buy side liquidity to basically get inline with the monthly bearish direction.
From a daily standpoint gold has left behind a pretty obvious SIBI (Sell Side Imbalance Buy Side Inefficiency in price. It is my conviction that the strong Morning Star Candle stick pattern is a form of confluence that price is indeed drawing towards buy side liquidity, to ultimately get inline with the monthly bearish direction to finally breakout of this longterm consolidation and begin to seek longterm sell side liquidity. Please view the video to get a more detailed top down explanation of what I'm mentioning here. If you you have any questions, please don't hesitate to ask buy leaving your comment in the comment section below. Thanks.
Unexpected Daily Choch EU UpdateThere are lots of things that can happen now. Best to keep expectations of where price could go to a reasonable level. IMO unexperienced traders should only target weak structure points and not liquidity points as those might not be taken, but I leave that decision to you.
Waiting for more information on Monday and Tuesday for a follow up analysis but for now best to target weak 4H structure points
Take profit 3.6% x 2 and one at 5.3%.From Sunday candle price start to fall down and at that point my bias was short. Today I waited for price to go above opening candle and start to go down to swing low on higher time frame.
I took partial at 3.6% profit and rest I left to target my original TP. Moved my SL so in anyway I would end up with porfit.
Hope this help.
US30 Short REPLAY TRADEIN todays recording i used the replay button to give a slow breakdown as to why I wouldve taken this trade for NY session
-we have our bread and butter trade
1.we are in bearish condition
2. buyside liquidity get purged while
-price is at a preium and hit ote of the range (.705)
3.trades below old high with fast velocity
4.dispacement candle forms FVG.
5.ATTACK on sell side liquidty
GBPUSD SELLS REVIEW, SIMPLE TRADE SETUPThis is a quick review on the trade i had on GBPUSD, guys this is the simplest way to trade . Break in Market Structure on the higher time frame , then go to lower time frame to look for entry.
remember to subscribe and share to all traders and aspiring traders you know.
JOURNAL ENTRY 5 FOMC NAS100 TRADE BREAK. READING THE TAPE this trade taugh me how to look beyond the noise.
-fomc isnt easy to trade
-nas gave us a beautiful judas swing
1. it first gave us a bullish run attacking the highs from 10 am
2.then quickly turned and and cleared SSL of consolidation of 12-1:30
- DURING THE RUN ON ssl was purged it ALSO mitigated the gap from 6:40 am. {5min chart}
i would have missed some of these anotations for sure.
im still learning so it was great to go back and watch price behavior during news.
evrytime i do these recordings i get better.
these markets will become my atm machine one day.
I KNOW THAT FOR SURE