Liquiditypool
XAUUSD (GOLD) (4H) Backtest : Break of market structureWinners = 12
Losers = 2
Breakevens = 2
Total Trades = 16
% Non Losers = 88%
% Winners = 75%
% Breakevens = 13%
% Losers = 13%
Win/Loss = 600%
Net R = 17.2
Avg R/Winner = 1.43
Avg R/trade = 1.08
Bad trades prevented due to presence of liquidity near SL= 13
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
DXY : 3 pockets of sell side liquidity ready to be raided!There are 3 pockets of sell side liquidity right below us, which are ready to be raided!
Short term : ICEUS:DX1! will head lower in search of liquidity
Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided.
Also, lower DXY means higher S&P in the short term, lower in the long term.