Welp. What can I say. You can't win em all. I was looking for a small counter trend position here. I think that's were I went wrong. Nevertheless, it's all apart of the game. Some thoughts on this would be nice.
Here's what I'm looking at for EU. Waiting for it to get back to my zone of interest. I'll then look for confirmation. Let's see.
Looks like it played out perfectly at my zones of interest. Slept in so I couldn't catch either positions. Ah well. On to the next. Still think price could reach .68468 as long as it doesn't break below .67616 or .67520
Meta broke out of my 15m range, confirming buys. Saw confirmation on the 1 min TF. That demand on the 1min that was mitigated confirmed that price shouldn't break below 292.60. Got filled around 293.31. Beautiful play. Done for the day.
Posting the L I took today because I'm human. Also I'm using this more so as a trading journal. Here is a classic FOMO trade. I saw alot of downside momentum at 445.35 and didn't wait for a candle close below my established range to confirm direction. Price inevitably came back and hit S/L. Lesson learned. Patience pays.
I just realized that there is liquidity right above my zone of interest. I'll be waiting for London open to look for sell opportunities if structure still favors sells.
I've been waiting since last friday to see if AU played out the way I anticipate. Looking for the break of the high at 0.67553 to look for an entry and then buy price up to .67724. Since it reacting off a 4hr zone, there's a good chance price could run up to .68468. Let's seeeeeee.
Gold has broken out of my green range after trading within the range today. I'm looking to see if it'll reach the 15m supply at 1959.49 If I see confirmation, I'm hoping to target 1955.475
Monitoring gold in this area. Looking to see if we can create a structure break at 1968.216 to look for buy opportunities. Sells are still valid until we take out that high. If we create a new low from here than this outlook is irrelevant.
In my last post, Gold played out perfectly..... Waiting to see if I can get another entry from that 5 min supply to ride it down further. Let's see.......
Looks like gold is finally make it's way out of consolidation and heading down. I'm looking for a sell opportunity here. Lets see
Looking to take call contracts at 377.15 if given LTF confirmation. If price doesn't respect the 30m demand then I'll be looking to at the 1hr demand at 373.60.
Trade on gold hit all most TP’s. I won’t be considering sells until price is around 1947.103
Here’s what I’m looking for for Gold. Looking for possible buys at 1930.146
Price reacted off a strong 4hr demand. If there's a pullback to 1906.711 then I'll be looking for entries on the LTF. XAU is bullish on the HTF so i will not be entering sells from the 1hr supply at 1923.297 as I want to trade with HTF trend. Also there seems to be buy-side liquidity right above the supply so I'm ignoring that zone completely. I just marked it up...
Want to see if this plays out tomorrow 7/7/2023. 289.43 would be my entry if I get confirmation. Target is 293.11.