EU already purged today into a LP taking SSL. Due to FOMC meeting 2:30pm EST let's see if we have a retest at 50% of this 4h candle today and continue up.
I wish I could post a screenshot of my running trade here. Once again I'm showing this concept here, it's been a while now I've been catching trades on gold drawing my zones and watching those big wicks, entry on 50% of the wick. I can only say that once you backtest something and take trades practicing that same thing, you get more confident with the time. Gold...
Once again...just showing it happening. It doesn't mean you will use fib in every wick like this. KNOW YOUR ZONES and get premium sells or discounted buys.
I see a long before gold coming down to grab liquidity and clean FVG between 1778 or even going down to 1750 and rest of the year long. Posting here to see if I was right in the future. Learning as always
Enjoy, or not. Have a good year whatever is watching this.
4 years ago when I started to invest in Bitcoin at USD 4.000 I didn't have half the knowledge I have today but I could see price heading where it is today. Today I'm posting this here to check in the future in a horizon of 5-10 years and see how things will be developed. Any ideas are welcome to discussion, my only regret with Bitcoin is not buying in 2012 when I...
Took the first loss as it was a probability to happen. Adjusted the second trade position and stop loss. Let's see how it rolls. If it start to go down as Im viewing the plan is to add more positions at the retests until TP is hit RR: 4:1
1 of the orders can get stopped 1 of the orders can get activated only If one gets stopped the second gets filled and it compensates the loss long term If I get stopped at the first one and the second doesn't get filled, it's only 1% loss There's also a probability that I'm so wrong and none of them gets filled or both of them get stopped. What am I going to do...
This one I'm paying to see. After all the BBBRRRR of FED printers during this covid pandemic which we touched the HIGHEST of 2016, down is the path with a weak economy recovery
I entered this trade today in a nice area. I consider this a risky trade since fundamentals are in play level hard these days. Take the risk or loose the chance, usually I enter with 1% risk in my positions, this one I entered and nailed it risking 5%, took partial profits cuz I'm waiting for market manipulation and the trading is running now at 2% risk But seeing...
If the fundamentals don't go hard on this phase we're living right now, this will be a simple zone to zone getting USDvsCAD back to his demand zone and below. I'm just checking this pair, I have my alerts to see if it will break or not the downtrend channel resistance.
Let's see if wicks don't lie. I'm in this trade since 8:37pm (GMT), went to bed and the price was being very disputed in this area between buyers and sellers, a.k.a we always have a little bit manipulation, the liquidation game. It was in profits during the night for a while as I've checked the candles in the morning and now it's bouncing. If I'm reading this...
I'm waiting for this setup on gold. This week has been a slow week for me, few entries, not forcing anything. I will leave this SELL LIMIT order and see how it plays. I could use a tight stop loss, but this is gold and checking the past there's a few wicks going up, stop hunts, liquidation spots and well...let's sit and wait.
Took 2 small losses on gold today. But the market has no sentiment and we shouldn't as well when trading, it just show us opportunities. I would wait but I trade what I see and re-entered again in this area that has been respected a lot as support, besides thinking in gold on the long run and the worst time ahead that we will face, there's a "Truman show" going on...
Got stopped in the other trade, opened this one. I still believe in the bullish gold long term. Just got stopped by manipulation