This is a counter trend trade, it's using a strategy that has been 70% correct this week, you can judge my previous trades whilst using this strategy for the last 2 weeks. This is a trade idea, however, I believe where I have marked the long position, I should react and have a good short-term bullish intention :)
This is my new strategy, I have been mastering, last week on demo, this strategy, made me $12 000 on demo, the liquidity might be swept, due to friday volatility, that could be a possibility, I'm seeing a break of structure and a break of a low, so this would be a counter trend trade
This is my new strategy, I have been mastering, last week on demo, this strategy, made me $12 000 on demo, the liquidity might be swept, due to Monday volatility, that could be a possibility, but hey probablitiy is probability, risk management is key and understanding your A+ areas is better than F-. Weekly POI, Monthly Accumulation, Distribution might be an...
If I was in session I'd sell this, but part of my rules, is I don't take any trades outside of either London or New York, I believe there is still a lot of liquidity below the lows, that needs to find it's way back into the market also this is a perfect entry signal, even though we are looking bullish, this would be a little sell I'd take with a tight stop loss...
I market structure HTF analysis, to find higher probability traders, I haven't seen a major break of structure on the higher timeframe, therefore I am still bullish on this pair :)
Monthly Bullish Daily Bullish Weekly Bullish Zoom out on the chart and react to what's infront of you, No major lows have been broken, and the price is still bullish, This is a beautiful buy opportunity. The current price high is sitting at a monthly high; the price is attracted to break that high :)
Just looking at market structure and price action, we haven't seen a full pullback to the Fib levels, I don't think this low has completely been created, I also see a FVG and strong price area at the level where my buy area is. However, this is gold, It's hard to predict gold because of volatility, I generally only trade GBP/JPY but here's a little analysis:)...
For the Asian session, I'm assuming price will pullback to the 50% area on the Fib, with a nice rejection of the trendline, depending on volume and understanding the session that we are going into. If the trend line is broken, I would only be looking for shorts at the 0.75 area on my Fibonacci.
I'm not a professional trader, but if we are just using price action, momentum and a simple trendline and Fibonacci, I'd say this is a likely short. I don't personally trade gold, I trade GBP/JPY, but I decided to just make a little idea for my trading journal :)
Started only trading "GEEJAY" and honestly loving the results, and swings, this pair follows the strategy I use to a tee, mixture of everything I know, but so far has been beautiful, this pair is still bullish until otherwise shown :)
Huge head and shoulder forming on GeeJay, this is just a thought, so trade appropriately. Also don't take buys now, thinking its a pullback, thats what they want you to think, so always do the opposite of what they are doing.
Just a hypothetical idea and ideology working with probability
Looking at the range, and sideways short term trend, I see a higher possibility or bigger move and continuation of the trend at this level and at this price point, with use of, my new strategy that I have been getting better with and having higher wins :)
I believe this pair to still be bearish, however, we can see a lot of liquidity build up in this area, so I believe there will be a pushup and then a sell off to lower prices. This strategy makes use of different price legs, sideways ranges, Fib zones, and price action/market structure. I take trades on the edges of the ranges and use the HTF for a trend bias :)
My new strategy, that I have taken from learning SMC, Fibonacci, S/R, market structure, has made me realize I love reactive trading. I have learned that after a big sideways range such as this one and the previous one, we need to look at the overall trend, and market structure, and focus on buying low, selling high within ranges, depending on the trend. This...
This would be for a right shoulder to be created after a left shoulder and head have already been created. I believe the trend is bearish, but if price decided to go down back to sweep the liquidity of the initial mitigation, I'd look for a little entry for a long and then a complete sell off, which could be a huge bearish move to the downside and the next...
Took a short on this pair as the market structureshows me bearish moves to the downside to fetch some liquidity and then to eventually rise back up past the current high. This is my new strategy and so far, I am seeing great results :).
I'm bearish on this pair short term, as we can see multiple rejection wicks on higher time frames, it has broken a previous resitance, but this sideways consolidation is making me believe their may be a push down before a final push-up these ideas are purely hypothetical, and I may or may not take these trades, I am also not a professional, but use this as my...