alitrading_

alitrading_ Updated 

not the best analysis. but hey 13pip stops with a 0.01lot trade wont blow an account right ;) heres the thinking behind it. Gold daily is going to be pushing up. those wicks to the left will be filled. Daily went down and formed a lower wick so i know it will most likely continue going up. then i dropped to 4hr, 1hr and 30min. you can see on the hourly price is...

alitrading_

Not the cleanest setup but tradeable if a retest occurs, so heres the PLAN: 1.WAIT for a daily close above resistance zone . 2.WAIT for the next daily to retrace back into or close enough to the support zone . 3.Wait for some sort of rejection on the 30min or hourly. this trade will happen quick once price comes back for a retest. So dont miss it. Risk to...

alitrading_ Updated 

BREAK and retest.

alitrading_ Updated 

lol price just about took out my stops :) ;) otherwise tp is about to get hit. would recommend you move tp into profits.

alitrading_ Updated 

Again, GBP pairs in momentum. Plan: Wait for break. Wait for 4hr close above resistance zone. Wait for retest. Wait for key candles to tell you price is rejecting that level and wants to continue up. Execute buys with a 7-10pip stoploss, Risk to Reward roughly 1-3 depending on where you place stops. Guys price will not just suddenly make a U turn on you, so...

alitrading_ Updated 

No retest- NO trade!!!!!

alitrading_ Updated 

Gold not the best pips, but Risk to Reward definitely makes up for it, if i get a retest around that resistance area followed by a key candle, so anything like a doji or something to tell me we have rejected this area, i will short with a 10pip SL. considering short term momentum and broken market structure, its likely we will drop further,

alitrading_ Updated 

i like to do my analysis ahead of momentum. so for e.g. we cam see GBP pairs picking up momentum. i know its going up, so my analysis will be done around momentum waiting for price to break certain levels and then ill execute a break and retest strategy. so in this case im going to wait for 4hr close above this resistance. i will then wait for a retest of broken...

alitrading_ Updated 

analysis is still valid, Break and and retest.

alitrading_ Updated 

Retest on gold :) now let the fun begin.

alitrading_ Updated 

if we reach our retest point, wait for key candles. wait for price to tell you it is unable to break any higher. then execute sells.

alitrading_ Updated 

WAIT for candle closes!!!!!! wait for 30min-1hr confirms enter buys upon key confirms tight stops for the first trade. if we break i will wait for the second setup. daily looks like it will retest broken neckline. :D

alitrading_ Updated 

we have our retest. lets see if we get a some confirms that price wants to go down. wait for this 30min close. also take into consideration it is friday. i doubt i will trade this as its friday, but if the RR improves ill take a 0.01 lot trade.

alitrading_ Updated 

we all know institutions can manipulate us here so... 1. WAIT!! for a 4hr close above this resistance. 2. wait for a retest of broken resistance. 3.target is next supply zone where we will take TP. keep in mind that the weekly is bearish and we still haven't made a lower wick. we can go down to 1315.198, we may retest this area before heading up. till then sit on...

alitrading_ Updated 

1. wait for 4hr close above resistance zone 2. wait for pullback to the zone. 3.drop to 30min frame and start looking for rejections, key candles 4. take buys upon confirmation