NQ is currently hovering in midstream and waiting it for it to show what it wants to do next i.e. whether it takes out the buyside or sellside liquidity, and I will be looking for an opportunity to trade in the opposing direction after the liquidity grab. Generally, prefer for price to take out the Equal Lows below moving into a discount and then buy the price...
Now that Gold has completed my earlier idea on the H4 chart which saw price dropped down from external to internal liquidity, I am now looking for price to run up from the 1H external to the 1H internal LQD (FVG marked in grey).
Looking at possible sell entries as Gold moves towards FVG from ERL to IRL.
Looking for a potential sell with a shift in market structure on the lower 1 minute timeframe.
Entered this trade on a 5 mins chart. looking for a quick 1:2.6 risk reward.
In a buy trade on the 5 mins timeframe. Looking to take out equal highs from the Asian range.
Didn't manage to post my trade idea earlier but this is a sell trade I took earlier today after price took out the buyside liquidity and reversed from the 50% level of the long wick marked by the dark red line. Have closed my sell trades and looking for new opportunities. Still prefer to see price drop all the way down to take out the ITL (intermediate term low...
Short term buy trade towards the upper 15mins FVG highlighted in yellow. Will for a possible sell when price reaches this area.
If XAUUSD price is driven to the yellow FVG zone later today when the NFP news is out, I will be interested in looking for a potential buy to take out the Equal Highs (red line) above which is the previous week's high.
Following the earlier buy idea where price has hit the price target, I am now into a sell on the 15min timeframe and aiming for the Asian session low (blue line below).
Currently in a buy program targeting the 15mins FVG above. Thereafter, will want to see price react and indicate that it wants to move back downside to take out the engineered Equal Lows below (green line)
Price has just taken out the Buyside Liquidity and bounced off the 4H inversed FVG. Now looking for price to keep going up to take out the Sellside Liquidity engineered earlier today.
Monitoring for a possible sell on XAUUSD off the yellow marked FVG towards the lower 15m yellow.
Updating on yesterday's trade idea. Price decided to take out the sellside liquidity below first before proceeding up and it's moving up towards the volume imbalanced marked out yesterday.
XAUUSD took out buyside liquidity at 19:00 NY time today and dropped. Anticipating price to return to the volume imbalance and FVG during London session before taking out the sellside liquidity (Previous Day Low). Nevertheless, price could do exactly the opposite and take out the Sellside first before moving further up.
XAUUSD has dropped back to my original buy area zone after taking out Tuesday's high earlier today during the Asian Session. Now anticipating for price to go back up again from the same 1H Order Block. Note that it is Friday and the last trading day of the week without any major red news driver, and hence momentum to go all the way to take out today's Asian high...
Price has bounced off a 1H order block & reacted and reversed up from the accompanying 1H FVG. Looking for price to go higher to take out Tuesday's high.
Update to ytd's published idea. H1 target using Tuesday's high has been achieved. Taking lesser trades with better ROI works better and is less stressful in my opinion.