Get started

Marketmaker

DeGRAM | GOLD in rangeGold fell sharply in price, breaking the trend completely. The strong distribution movement stopped at the historical support level of 1764.9. Usually, after distribution, the instrument enters the consolidation phase for a while, so I assume that gold will stop in the 1802-1764 range and trade a little here. It is not yet clear what will happen next, whether it will recover or will take into account the broken bearish trend ... ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDLong
by DeGRAM
DeGRAM | Features of the MARKET STRUCTUREPrice action and market structure. Understand. Anticipate. Earn. As advocates of technical analysis of price, we recognize that price and its traces on a chart are everything. Nothing else is needed. Only one thing is important for us, we do not need to get away from everything and understand the price action and the structure of the market. Price is a trace. What buyers and sellers leave behind on the battlefield, we have the right to use this advantage. Thus, the price is the meeting point for decision-making by all market participants. It does not matter what traders, speculators use technical analysis , inside information or fundamental analysis . A careful analysis of price movements reveals areas of imbalance in market forces, which therefore offer interesting opportunities for profit - this is the main reason why we are fond of understanding price action and market structure. The essence and important points when building a chart of price action and market structure. The idea behind a chart is primarily to show where price has moved over time. Supply and demand determine the price of something, and a chart is a graphical representation of historical changes in supply and demand , i.e., historical changes in the overall attitude of buyers and sellers towards the viewed product. Clean charts: is a powerful tool that can facilitate this integration and promote the development of intuition. Focus on where it should be on price candles or bars and the evolving market structure. Opening price. How important is it? Annotate your charts with annual, monthly and weekly opening. Price changes anytime, anywhere, and our charts become volatile because human emotions are influenced by the news. You should always mark your schedules with annual, monthly, and weekly openings; and if you are an intraday trader, with a daily open. due to backorders and order flow. The price moves out of liquidity zones and returns to them. When the year, month and week come to an end, large speculators seek to cover, change or open new positions. Thus, there is a lot of "order changes", and at the same time, unfulfilled orders often remain: liquidity remains in the same place. Thus, "smart money" gradually enters the market and, thus, does not always fully fill its position. Hence, they have the choice to leave the order unfilled so that the price can raise it when / if the market returns. This: triggers a reaction at these levels in terms of order flow, partially responsible for price memory. Price. What is it? Every player. From retail to institutional money. But at the same time, who wins in the market: retail or institutions? If you want to make money in the marketplace, you must stop thinking like a retail trader and start trading like institutions do. Therefore, a good way to use these levels is to understand them in terms of accumulation / distribution . The accumulation stage is followed by the expansion stage and the distribution stage. You need to make sure that you are not a retail money, in other words, the “opposite side of smart money trading”. Candles. Structure. Each candlestick tells you a story about the structure of the market. At this point, the main thing to understand is that candles are a graphical representation of price movement and therefore show the mindset and sentiment of the market, as well as any changes in that thinking and sentiment that may unfold. This is why price tells you a story: because a candlestick can be broken down into its component parts to determine the direction of movement that it represents for price. Basic Principles of Psychology Through Price Action A green real body candlestick is created on the day the market closed higher than where it opened: In other words, the price moved up during the day. This means, if we use the basic principles of supply and demand , there were more buyers than sellers. In the market language I will use from now on, the bulls won. The red real body candle is the result of the day when the market closed below the level at which it opened. This means that sellers outweighed buyers or there was more supply than demand, causing the price to move lower. In market conditions, it was a bearish day. Output Many people believe that price changes are random and unpredictable. If this were true, the only logical course of action would be ... not to trade! A correct reading of price action will enable you to understand and extract market structure from your chart. Once you get this advantage, you can stay on the right side of the market. Then you can sit quietly. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Editors' picks
Education
by DeGRAM
5
DeGRAM | Features of the MARKET STRUCTUREPrice action and market structure. Understand. Anticipate. Earn. As advocates of technical analysis of price, we recognize that price and its traces on a chart are everything. Nothing else is needed. Only one thing is important for us, we do not need to get away from everything and understand the price action and the structure of the market. Price is a trace. What buyers and sellers leave behind on the battlefield, we have the right to use this advantage. Thus, the price is the meeting point for decision-making by all market participants. It does not matter what traders, speculators use technical analysis, inside information or fundamental analysis. A careful analysis of price movements reveals areas of imbalance in market forces, which therefore offer interesting opportunities for profit - this is the main reason why we are fond of understanding price action and market structure. The essence and important points when building a chart of price action and market structure. The idea behind a chart is primarily to show where price has moved over time. Supply and demand determine the price of something, and a chart is a graphical representation of historical changes in supply and demand, i.e., historical changes in the overall attitude of buyers and sellers towards the viewed product. Clean charts: is a powerful tool that can facilitate this integration and promote the development of intuition. Focus on where it should be on price candles or bars and the evolving market structure. Opening price. How important is it? Annotate your charts with annual, monthly and weekly opening. Price changes anytime, anywhere, and our charts become volatile because human emotions are influenced by the news. You should always mark your schedules with annual, monthly, and weekly openings; and if you are an intraday trader, with a daily open. due to backorders and order flow. The price moves out of liquidity zones and returns to them. When the year, month and week come to an end, large speculators seek to cover, change or open new positions. Thus, there is a lot of "order changes", and at the same time, unfulfilled orders often remain: liquidity remains in the same place. Thus, "smart money" gradually enters the market and, thus, does not always fully fill its position. Hence, they have the choice to leave the order unfilled so that the price can raise it when / if the market returns. This: triggers a reaction at these levels in terms of order flow, partially responsible for price memory. Price. What is it? Every player. From retail to institutional money. But at the same time, who wins in the market: retail or institutions? If you want to make money in the marketplace, you must stop thinking like a retail trader and start trading like institutions do. Therefore, a good way to use these levels is to understand them in terms of accumulation / distribution. The accumulation stage is followed by the expansion stage and the distribution stage. You need to make sure that you are not a retail money, in other words, the “opposite side of smart money trading”. Candles. Structure. Each candlestick tells you a story about the structure of the market. At this point, the main thing to understand is that candles are a graphical representation of price movement and therefore show the mindset and sentiment of the market, as well as any changes in that thinking and sentiment that may unfold. This is why price tells you a story: because a candlestick can be broken down into its component parts to determine the direction of movement that it represents for price. Basic Principles of Psychology Through Price Action A green real body candlestick is created on the day the market closed higher than where it opened: In other words, the price moved up during the day. This means, if we use the basic principles of supply and demand, there were more buyers than sellers. In the market language I will use from now on, the bulls won. The red real body candle is the result of the day when the market closed below the level at which it opened. This means that sellers outweighed buyers or there was more supply than demand, causing the price to move lower. In market conditions, it was a bearish day. Output Many people believe that price changes are random and unpredictable. If this were true, the only logical course of action would be ... not to trade! A correct reading of price action will enable you to understand and extract market structure from your chart. Once you get this advantage, you can stay on the right side of the market. Then you can sit quietly. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
4
DeGRAM | GOLD in rangeGold fell sharply in price, breaking the trend completely. The strong distribution movement stopped at the historical support level of 1764.9. Usually, after distribution, the instrument enters the consolidation phase for a while, so I assume that gold will stop in the 1802-1764 range and trade a little here. It is not yet clear what will happen next, whether it will recover or will take into account the broken bearish trend ... ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDLong
by DeGRAM
1
DeGRAM | GBPUSD end of correction and growthConsolidation under the resistance level did not give a proper reaction. The instrument corrected to strong support, breaking several more levels on the way. I expect a reaction from 1.38 in the form of a rebound or a false breakout and a continuation of the trend movement in the long-term priority in the form of a breakdown of the key level - 1.4239 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | EURUSD Continued growth with the trend?After a strong distribution movement of 280 points, which got its energy from the news from the Fed, it stopped at the lower boundary of the global price channel. There has not yet been a break in the trend; it remains bullish for the currency pair. Near the channel support, there is a strong support at 1.1915, I suppose that the breakdown of the border will be false, I am waiting for the price to return and consolidate above 1.1915 and the continuation of further growth along the trend at least to the nearest strong resistance at 1.2178 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | BTCUSD Flat on a downtrendBitcoin price continues to decline, news from the Fed negatively affected cryptocurrency as well. Since the second mid-May, the price has been in a flat after a strong fall. At the moment, it is squeezed between two strong levels - 42000 and 30,000. After an attempt to buy out the instrument, a strong resistance was broken, but as we can see, it turned out to be a false breakout and it was again pressed down. I think that the instrument will stay in this range for some time, but there are still few positive things for the cryptocurrency. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
BINANCE:BTCUSDShort
by DeGRAM
16
DeGRAM | EURUSD shortIn light of the latest news, the dollar is strengthening. Thus, the currency pair falls in price. I have drawn strong support lines, in the area of ​​which the price is at the moment. We have broken through two intersecting levels, I expect a rollback to them and further downward movement to a strong support of 1.176. Also, if you look closely, something similar to the head and shoulders pattern is formed above the strong support. Pay attention to the global picture and it can be seen that now the price is approaching strong support of the price channel , what will happen next, no one knows yet. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
DeGRAM | GOLD return to the inside of a bullish trendThe news from the Federal Reserve had a very sad effect on gold , with a strong movement pushing it back into the downtrend. This is the very moment when unpredictable fundamentals break the whole technical component. After the destroying movement, I suppose that for some time the instrument will settle in accumulation, perhaps it will be between the boundaries of 1799-1765, now it is very difficult to determine what the instrument will do next. Will watch. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FOREXCOM:XAUUSD
by DeGRAM
DeGRAM | GOLD return to the inside of a bullish trendThe news from the Federal Reserve had a very sad effect on gold, with a strong movement pushing it back into the downtrend. This is the very moment when unpredictable fundamentals break the whole technical component. After the destroying movement, I suppose that for some time the instrument will settle in accumulation, perhaps it will be between the boundaries of 1799-1765, now it is very difficult to determine what the instrument will do next. Will watch. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FOREXCOM:XAUUSD
by DeGRAM
8
DeGRAM | AUDUSD signal for shortThe instrument broke down the strong trend line of support, then broke through the local support line and below the consolidation border. Now the price is in the sell zone, after correction and consolidation, I expect a fall to support 0.7411 You can also notice the head and shoulders pattern, the base of the shoulder is broken downwards - a standard signal to enter the market either in a breakout or on a pullback. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
80
DeGRAM | EURUSD short In light of the latest news, the dollar is strengthening. Thus, the currency pair falls in price. I have drawn strong support lines, in the area of ​​which the price is at the moment. We have broken through two intersecting levels, I expect a rollback to them and further downward movement to a strong support of 1.176. Also, if you look closely, something similar to the head and shoulders pattern is formed above the strong support. Pay attention to the global picture and it can be seen that now the price is approaching strong support of the price channel, what will happen next, no one knows yet. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
71
DeGRAM | GOLD Testing strong supportThe strong distribution changed the local trend from an upward to a downward one, but globally the picture is not broken. The instrument is testing the lower border of the price channel . Now pay attention to the place where the price came. Crossing of three support lines, one of which is a strong level, which was confirmed a large number of times - 1802. I suppose the instrument will recover in price, return to the channel and further rise along the trend, the first target is the local resistance level - 1844 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDLong
by DeGRAM
DeGRAM | GOLD Testing strong supportThe strong distribution changed the local trend from an upward to a downward one, but globally the picture is not broken. The instrument is testing the lower border of the price channel. Now pay attention to the place where the price came. Crossing of three support lines, one of which is a strong level, which was confirmed a large number of times - 1802. I suppose the instrument will recover in price, return to the channel and further rise along the trend, the first target is the local resistance level - 1844 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
FX_IDC:XAUUSDLong
by DeGRAM
2
DeGRAM | USDJPY False breakdown of resistanceThe instrument has been in an uptrend since the beginning of April, the last moment the impulse movement breaks the upward price channel, and at the moment the currency pair is consolidating above the level. Forex markets are in a flat state most of the time, so I believe that this breakout will turn out to be false and the price will move sideways, after which it will go to the key point - 110.97 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD distributionThe distributive movement on the instrument may end soon, as the price has already come close to testing the strong support of the price channel . At least I expect to stop at the intersection of strong levels in the zone - 1.1915. Since the trend is upward and there was no breaking of the global picture, I expect either a rebound from 1.1915 or a false breakout and continuation of the trend. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD distributionThe distributive movement on the instrument may end soon, as the price has already come close to testing the strong support of the price channel. At least I expect to stop at the intersection of strong levels in the zone - 1.1915. Since the trend is upward and there was no breaking of the global picture, I expect either a rebound from 1.1915 or a false breakout and continuation of the trend. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1