Gold long to 1838+ region Watching out for news to influence price and create volatility.
Imbalance needs to be filled in Closing Friday before market close
Using Market Profile to structure trade. I am currently in a long position with a limit order in case price does fall before it increases. Looking out for USD & GBP news, an increase in volatility could help my trade. Moving stops if possible
Using market profile for entry. Analysed higher time frame for a longer term perspective Set my targets up based on Daily - 1hr chart
TP is set to Liquidity 1834 Entry based on previous day market profile. We are in an area where the was an accumulation of longs that we're distributed, but now since we re entered that area I believe more longs are getting accumulated.
Pay attention to High Importance news events. Take partial profits or adjust Sl if possible. Current profit target is at liquidity Longer term bearish target is 1675 if price does break down and take out 1820.
Yolo ??? If I was to ever short Bitcoin with the current chart it would be from here. Yolo??? Might see my short in play Monday when the Bitcoin ETF will finally make its debut.
Looking for my short term long trade to hit tp by Tuesday 4pm. Gold short to 1675 region, I am paying attention to the news which will affect my trade. My bias can change depending on the news. Holding the long until 1808.50 with a short limit order waiting.
Liquidity above equal highs of 1834 region. Entry based on market profile and order block Expecting volatility next week Be careful
Awaiting News Announcements. News around 1.30 pm + 2.30 pm
High Importance News should move Gold this week. I am looking for a short based on market profile and structure. There is liquidity above 1830s so price could push around there depending on the announcements. Otherwise I see price going to 1675 and below as there is also liquidity there.
Daily Chart formed a swing high. Stop at Swing High My take profit is set a triple bottom where price closed very clean, there's a liquidity pool resting below. There is news tomorrow at 1:30pm. Might change my bias depending on how price moves before Friday close.
Short term sell. Longer term I see price going to 54000 to 56000 region then a big dump.
Price should not breach Tuesday high. Price has breached Monday low and not broken the high. TP is set at liquidity. (1675)
Hope to see price hit TP before Thursday, Friday news. Moving stop to break-even when I see fit as there is a lot of uncertainty in the market before NFP.
Be careful with High Importance News this week!!! Using market profile to enter trade.
Tight Stop. Be careful today NFP will make the markets volatile.
High Importance News for AUD should make the pair move. Hold the trade if in profit until Wednesday to Thursday.