TraderNo007_

TraderNo007_ Updated 

The idea of long positions in gold is still relevant. Yesterday, there were news events that negatively affected the price of gold, causing many buying points to be ignored. However, these news events were just another manipulation, and the price absorbed the liquidity of the previous week's low. The nearest target now is the previous day's high. The entry points...

TraderNo007_ Updated 

"Long idea on gold, use only 5% of the deposit for the trade, no more, as the trade is somewhat risky in case of a stop loss due to a buy zone below in the form of an order block at 2317. I will re-enter, with the same targets, but you can set the stop loss as you wish.! The idea was published earlier but was blocked due to rule violations, and the entry and stop...

TraderNo007_ Updated 

After anticipating a potential drop, GBP continued its rise during the opening of the Asian session and covered the London high marked on my chart. In the previous idea, we opened a risky short position with a small stop loss, and unfortunately, the stop loss was reached. Here is the analysis on a higher timeframe (4-hour). After the price impulse at the opening...

TraderNo007_ Updated 

After accumulation and manipulation, and taking out the sell-side liquidity followed by the absorption of liquidity in the form of the London swing low, I opened a long position from the point of interest. My target is 1.29290, which is the London swing high. I allocated 1% of my deposit for this trade.

TraderNo007_ Updated 

Today, I am considering a short-term trade on GBPUSD. After liquidity was absorbed, an order block and a CHoCH (Change of Character) formed. My target is the sell-side liquidity and the fair value gap that I have marked on the chart. It's important to note that this has happened before on July 15, when, after absorbing buy-side liquidity, a bearish order block was...

TraderNo007_ Updated 

Overview: I am considering a long position on Bitcoin after the accumulation and manipulation phases, as the market is now in the distribution phase. Although it might seem a bit late to enter the trade, I am willing to risk 3% of my capital on this futures contract, despite generally not favoring cryptocurrencies. Entry Point: My entry point is based on an...

TraderNo007_ Updated 

Entry price from the demand zone. I recommend opening the trade with 2-3% of your deposit. Use a tight stop loss. I will open the trade now without a stop order, but I advise you to open your position from 50% of the order block. I will mark the entry point and stop loss for you below. BUY-3.345,35 TP-3.390,53 SL-2.337,48

TraderNo007_

After liquidity was taken out at the purchase price area of 56,548.12, a local price reversal occurred towards an increase following a partially filled imbalance around 54,436.00. Such manipulation had happened previously on May 1, 2024, when similarly, liquidity was closed for purchase and the lower partially covered imbalance led to a subsequent asset...

TraderNo007_

I'd like to share an additional analysis of gold on the daily timeframe. Overall, gold is trending bullish, with targets being the daily imbalance, the New York session high, and, most importantly, the previous week's high. This high was formed due to a liquidity grab for buying, as seen on the daily timeframe, as well as the previous month's high, as observed on...