If the candle closes after the specified points, you can open the desired position. You have to manage your risk, don't forget the stop loss
I think the overall price will target Buyside Liquidity and then drop down to Sellside Liquidity but also I strongly belive that price will try to reach an Imbalance (4h TF)which is below Sellside liquidity. During London Kill Zone I'll keep my eyes on setup to go Long and once price action reach Buyside Liquidity I'll be looking to go Short and exit at second...
Are we gonna reject off this weekly trendline and breakdown to the zone or are we gonna break the trendline and make a higher high?
Sometimes trades don't go the way we anticipated but for that reason, we have Stop Loss. This Is one trade at the loss so far. One more trade and I'm done regardless if I make win or lose.
This Is part 1 on Market Analysis, Waiting for set up and taking trades. Hope this help.
As discussed earlier we are heading into a choppy zone for SPY before a big break out. Today Finished as a failed 2 giving a good Put set up. However we know the that we are heading into a choppy zone. Scalps only using price action and wait for a clear set up. We are going to leave this zone. Not sure if we will break the top first or not though. I personally see...
Link Final Movements before the drop. I am waiting for a good short
I think this is one of the most distracting thing while you trade. If you are in the "zone" and there is a dog, child or your spouse around it is very difficult to focus on your trades. I did 5 trades altogether. Initially, I end up with a 6.5% profit but due to continuous trading, I end up with a 2% profit. Let's keep going.
ummm.... this is my analisys thoose are area of damnds near buy where there is alot of liquidity. the trade you see is a sniper entry i took umm very nice trade.
XAUUSD ANALYSIS PREFERENCE LONG Long Target 1760/1768 Pivot 1745 Short Target 1738/1733
It seems that the market doesnt want us to get our short entries at 405 so the next area to short is 400 for a potential H&S being played out.
I got two ideas but also there is a third one. The price might go to consolidation today and If nothing happens during London Kill Zone I might change the pair and look for setups.
Current Macro Environment is very bearish: Inverted Yield Curve :> showing that Market Participants are forecasting that rates are being cut in the future Purchasing Manger Indexes are at contractionary levels - combined with the current situation in the money market - I do not expect that the real economy is going to relief from here Current Technical...
Yesterday my prediction was correct however I did come out of the trade at 3% instead of 7%. Today to me price will continue to go south.
I can't know if Oil is dying because I cannot see into the future. So what's on the chart? 1- There is a death cross on a daily timeframe which is always a significant event. 2 - The red stepwise line (the ATR) is telling us that there is heavy bear pressure in this market. 3 - Twice price was rejected in 31 days. 4 - Now there is a big struggle at a...
It's all on the charts. The Dollar does not like trenches. Zoom into chart for a better view. This is a probabilistic estimate for a 51% chance movement north. That means there is a 49% chance of no direction north. Prediction this is not (because predictions are 100% for occurrence). What this means is that the probability north should be factored into all...
As you can see from this markup we have locked into nearly all areas from our push down.... meaning the only areas are the liquidity above and below our highest zone! so following what we know of interlocking structures the lower move would be next... taking us out of our retrace move and back into our trending structure move.... Reaching lower would give us 3...
This is a 5 min analysis i just did, im hoping by next month we get to 18K and then have anoter melt or go up...