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Newyorkopen

XAUUSD 09102024 30mPrice is still ranging on the HTFs. The daily candle on September 9 closed bullish at 2506.94 . On the LTFs, price is ranging between 2507.15 and 2500 . This is a high-risk range, so no trades will be executed within this zone. I will wait for potential buys above 2507.15 , targeting the daily resistance at 2516 and the 30-minute resistance at 2522.35 . I will look for potential sells below 2500 , targeting the 4-hour support at 2492 , with further downside targets at the 30-minute support of 2486 , or the previous daily low at 2485 .
OANDA:XAUUSD
by targetlock
2
Bitcoin Day Trader's Money ZoneThis post contains a great tip for all bitcoin traders. I use it every day for my bitcoin trades. On the chart you see two green vertical lines. These are drawn from 8:30 AM EST to 11:30 AM EST everyday New York Time. I call the time between these lines Money Zone, which is where Whales/Institutions/MMs/Whatever set up their day trades. The yellow Horizontal line is high/low made withing the zone and the yellow vertical line is the end of session. The red vertical lines are for Saturday where this is not applicable, even Sunday is not applicable since these are weekends and big money don't trade on these days. But for a fair number of Sunday's, this idea holds true in my back testing. What you should notice is, the high/low made during the money Zone is never breached till the end of the session marked by the yellow vertical line. I have back tested and marked all the money zones for the past 2+ weeks, but you may not be able to see them all in the post, so I am sharing a live link of my chart below. www.tradingview.com What you must do is use your regular TA to determine levels of interest, create setups in advance and wait for the money zone. Now by this time you should already have a bias to where the price is likely to go next and wait for a counter move/manipulation in the opposite direction and comfortably take the trade and relax for the rest of the day or at least till the end of the session. This is applicable for other sessions like ASIA or London as well, but I have personally found this to be more accurate for the New York Session. This is not Financial Advice.
BYBIT:BTCUSD.PEducation
by zakoraio
2
New York Open Killzone Explained | Real Trading Concepts8:30 in the morning NY Time is what your eyes 👁️👁️ should be on. This time of day unleashes huge volatility in the market that you can take advantage of if you know how to benefit from it. Price at this time likes to entrap a lot of retailers to revers against them and take stoplosses.. Every day at this time..A Lot of news, a lot of volatility, and clear direction and price movements.. Don't Forget to LIKE ♥️ and make sure to FOLLOW if you want useful ideas straight to your email👌 Let me know your opinions in comments 😉
Education
by MST_Trader
3
When The market MOVES YOU MOVE WITH IT!Price does this thing I call Sniper Open. It will throw a Judas Swing and shoot for liquidity like a bat out of the fires of hades :) This happens everyday in the forex Market. Price has a strict routine it adheres to and it rarely deviates from this. The key to trading Forex is to anticipate these moves by trapping price at areas of structure it has been before in previous price action. Not to PREDICT. Price has a mind of its own. Add millions of buyers and sellers, Fundamental, technical analysis MINDSET ... and you begin to dive into the network of FOREX. You cannot force the market to do anything but when you get in sync with this dynamic machine you can actually trade with the software aka big money. Time over Price is STRUCTURE. Areas of liquidity reside above the body of the candle up to the wick. Zone these areas and you will SOLID building blocks to formulate you trading strategy for that day. (11:15pm-2am Set Ups Begin) Prudence (to recognize limitations) dictates exiting a winning position long before the highs. Your range of perception is smaller then you think and you're part of a system that has many inputs that you can not see. Never over leverage. Trust your trade set up. 3-5 Pip Threshold. Never Over Leverage. Have fun. I AM PRo Trading Made Simple.
Short
by Master-Jedi-Trader
2