How I Use Multi Timeframe Analysis to Capture LARGE Price SwingsDISCLAIMER: This is not trade advice. Trading involves real risk. Do your own due diligence.
TUTORIAL:
Today, I demonstrate the thought process and mechanical steps I take when trading my Multi-Timeframe strategy. We take a look at US Treasuries, which have offers a classic lesson in how to apply this approach.
As you will see, throughout the year, this approach took some losses prior to getting involved in the "real" move which we anticipated. No strategy is perfect, and I do not purport this to be perfect. It is a rules based and effective way to read price. This strategy is great for people who don't have a lot of time to spend at the charts. I would classify this more as an "investing" strategy when utilizing the 12M-2W-12H timeframe.
If you have questions about anything in this video, feel free to shoot me a message.
I hope you have all had a great week so far.
Good Luck & Good Trading.
Multi
Multi-Timeframe Live TradingThis strategy follows a multi-timeframe approach, using the 4-hour (H4), 1-hour (H1), and 15-minute (M15) charts.
We start with the H4 timeframe, which gives us the overall market direction. It’s important to trade in line with this timeframe whenever possible.
If there’s no change in direction on the H4, we move to the H1 to guide our next trade decision. If both the H4 and H1 show no change, we continue to follow the H4 trend.
For the Tokyo session, we're focusing on CAD/JPY, which has shifted into a short-term uptrend, despite the H4 and H1 remaining in a downtrend.
The potential trade for the London session is GBP/USD, aiming to trade the end of a bearish wave on the 15-minute chart.
Happy Trading!
Gold's Explosive Breakout: Is $2,550 the Next Stop?Updated Technical Analysis: XAUUSD (Gold Spot)
1. Market Structure and Key Patterns
Weekly Flag Pattern (Higher Time Frame)
Formation: On the 4H chart, we observe a textbook weekly flag pattern where the price consolidated in a downward-sloping channel (flag) after a strong bullish move (flagpole). This consolidation usually represents a temporary pause in the overall bullish trend, with a potential breakout to the upside signaling a continuation.
Breakout Confirmation: The price has broken out of this flag, aligning with the broader market's bullish sentiment. This is a key signal for continuation traders, suggesting that the previous consolidation phase is complete, and the market may be resuming its upward trend.
Ascending Channel (Lower Time Frame)
Channel Dynamics: On the 15M and 1H charts, the price has been moving within an ascending channel, which indicates a series of higher highs and higher lows—a sign of a bullish trend. This channel has been respected multiple times, indicating that the market participants are recognizing and trading off this structure.
Channel Breakout: The breakout above the channel’s upper boundary is critical, as it suggests that the bullish momentum is accelerating. This breakout aligns with the breakout from the weekly flag, adding confluence to the bullish outlook.
2. Key Levels and Liquidity Zones (LQZ)
Resistance Zone (Broken)
Previous Resistance: The blue rectangle on the chart marks a significant resistance level where the price previously struggled to break above. After several attempts and consolidations near this zone, the recent breakout indicates that the sellers have been overwhelmed by buyers.
Potential Retest Area: The broken resistance could now serve as a support level. A retest of this zone could provide a high-probability entry for traders looking to join the trend. This area is crucial for validating the strength of the breakout.
Liquidity Zones (LQZ)
LQZ at $2,485 and $2,477: These zones, identified on the 15M chart, are areas of high trading activity, often leading to significant price reactions when revisited. The price did not retrace deeply into these zones before the breakout, indicating strong bullish momentum.
3. Implications of the Breakout
Momentum Shift:
The breakout above the resistance zone at approximately $2,509-$2,510, followed by a rapid upward move to $2,520, indicates a shift in market sentiment. The rapidity of this move suggests a possible short squeeze or significant buying interest pushing the price higher.
Potential Targets:
Short-Term Targets: Immediate resistance can be anticipated near psychological levels like $2,525 and $2,530. These levels often act as short-term hurdles where some profit-taking might occur.
Longer-Term Targets: Given the alignment with the weekly flag breakout, the price could aim for more distant targets around $2,550 or higher, depending on how momentum sustains.
4. Risk Management and Trade Execution
Entry Strategy:
Reduced Risk Entry: Awaiting a pullback to the broken resistance zone around $2,509-$2,510 for a long entry. This approach reduces the risk by confirming that the previous resistance has turned into support.
Aggressive Entry: Traders could enter on any minor pullbacks within the ongoing momentum, with stops placed just below the breakout zone or recent swing lows. This is riskier but capitalizes on the strong momentum.
Stop Loss Placement:
Below Breakout Zone: Stops should be placed just below the $2,509 level to protect against a false breakout. Alternatively, more conservative stops could be placed below the previous swing low around $2,497-$2,500, depending on risk tolerance.
Trailing Stops: As the price moves in your favor, consider trailing the stop loss below higher lows on lower time frames (15M or 1H) to lock in profits while allowing the trade to breathe.
5. Momentum and Volume Analysis
Volume Confirmation: Look for volume spikes accompanying the breakout. Higher volume supports the legitimacy of the breakout, whereas a lack of volume could suggest a potential for a pullback.
6. Mass Psychology and Sentiment
Sentiment Dynamics:
The breakout could be driven by a shift in market sentiment, with traders and investors who were previously on the sidelines now entering the market. This FOMO (Fear of Missing Out) can fuel further buying.
Contrarian Signals: While the breakout is bullish, be wary of excessive euphoria. A sudden surge in buying could be followed by a sharp pullback as early buyers take profits. Monitoring sentiment indicators and social media trends can offer additional insights into potential sentiment extremes.
Conclusion
The current technical setup for XAUUSD is strongly bullish, with the breakout confirming the potential for further upside. However, risk management remains crucial, particularly in ensuring that stop losses are placed appropriately and that any pullback is closely monitored for signs of support. The alignment of the weekly flag breakout with the shorter-term ascending channel breakout adds significant weight to the bullish case, making this a high-probability setup for continuation trades.
Gold’s Next Big Move: Critical Levels You Can’t Afford to Miss!Hey Traders, welcome back to my channel! 🚀
Today, we're diving deep into the latest XAUUSD analysis, and trust me, you don't want to miss this one. With gold prices poised for a significant move, understanding these key levels could make all the difference in your trading strategy.
Let's get started with the 1-hour chart (shown below). 📊
Chart 1: XAUUSD 1-Hour Time Frame Analysis (July 21, 2024)
Key Observations:
Daily Bull Flag Formation:
The chart highlights a daily bull flag pattern, which indicates a continuation pattern following a strong uptrend. On the daily TF sometimes this can take a bit longer to see due to how big this flag is on the (LTF)
The price has been consolidating within this flag formation.
Reversal Structure (Lower High - LH):
There is a reversal structure where the price made a lower high (LH), suggesting a potential bearish reversal in the short term.
Structure LTF (Lower Time Frame):
The price structure on the lower time frame indicates an area where price could pull back and reject off of this area indicating the continuation of the Overall move.
The second way this could play off of this area is we could get a clear impulsive move above this structure and then a rejection looking for higher moves in the Shorter Time Frame.
15-Minute Time Frame:
The 15-minute time frame shows a detailed view of the consolidation and break down from the flag formation. where you could see how close we are to the LQZ shown on the 1HR
1HR Liquidity Zone (LQZ):
Identified at 2,390.966, this zone may act as a significant support area and also our first Take Profit we gave last week.
4HR Liquidity Zone:
Marked at 2,349.179, another major support area that aligns with the daily LQZ. If price end up breaking the 1HR LQZ impulsively then we could look for this area as Take Profit and then once we get down to this area we could potentially see a pullback.
Daily LQZ:
The daily liquidity zone is at 2,286.809, a crucial support level for the longer-term perspective.
Recommendations:
Watch for Reactions at Support Levels:
Monitor the price action around the 1HR, 4HR, and daily LQZs for potential entry points.
Set Alerts:
Set alerts for breakouts above the recent highs and breakdowns below the key support levels.
Manage Risk:
Ensure proper risk management by setting stop-losses below support levels and taking profits at resistance levels.
Revealing My Top Gold Trading Secrets for Huge Profits!In this video, I reveal my top trading secrets for making huge profits in gold trading (XAU/USD). This educational content will cover key technical analysis techniques and strategies that I frequently use in my charts, as well as valuable insights into trading mindset and proper risk management. Let's unlock the potential of your trading skills together!
Technical Approach:
In this educational segment, we'll focus on the core technical analysis principles that I use to make informed trading decisions. Here's a detailed breakdown of my approach:
Identifying the Trend:
Uptrends and Downtrends: Learn how to recognize market trends using higher highs and higher lows for uptrends, and lower highs and lower lows for downtrends.
Trendlines: Use trendlines to connect the highs and lows of price movements, helping to identify the direction of the trend and potential reversal points.
Support and Resistance Levels:
Support Levels: Identify areas where the price tends to find support as it falls, acting as a floor preventing further decline.
Resistance Levels: Identify areas where the price tends to find resistance as it rises, acting as a ceiling preventing further ascent.
Historical Price Action: Use past price movements to pinpoint key support and resistance levels that the market respects.
Liquidity Zones (LQZ):
Definition: Liquidity zones are areas on the chart where there is a high concentration of trading activity, often leading to significant price movements.
Identification: Learn how to spot these zones using volume profiles, order flow analysis, and historical price action.
Trading Strategy: Use liquidity zones to identify potential entry and exit points, as they often precede major price moves.
Volume Analysis:
Volume Spikes: Understand how volume spikes can indicate strong buying or selling interest, confirming the validity of price movements.
Volume Trends: Analyze volume trends to gauge the strength of a price trend and anticipate potential reversals.
Entry and Stop Loss Strategies:
Breakouts and Pullbacks: Enter trades on confirmed breakouts above resistance or below support, or on pullbacks to key levels within a trend.
Trailing Stop Loss: Implement a trailing stop loss to lock in profits as the trade moves in your favor, adjusting the stop loss level as the price progresses.
Mini Lessons: Mindset:
Patience and Discipline:
Patience: Wait for the right trading setups that meet your criteria, avoiding impulsive decisions.
Discipline: Stick to your trading plan and rules, even when the market becomes volatile or unpredictable.
Emotional Control:
Stay Calm: Keep your emotions in check to avoid making irrational decisions based on fear or greed.
Mindfulness: Practice mindfulness techniques to remain focused and calm, especially during stressful trading situations.
Proper Risk Management:
Position Sizing:
Risk Per Trade: Limit the amount of capital you risk on any single trade, typically 1-2% of your trading account.
Position Size Calculation: Calculate your position size based on the distance to your stop loss and your risk tolerance.
Risk-Reward Ratio:
Target Ratio: Aim for a risk-reward ratio of at least 2:1, meaning your potential profit should be at least twice your potential loss.
Trade Evaluation: Evaluate each trade based on its risk-reward ratio before entering, ensuring it aligns with your trading strategy.
By incorporating these technical strategies and mindset principles, you can enhance your trading performance and increase your chances of success in the gold market. Stay tuned for more educational content and trading insights!
Market Overview Part 22Me Going Over My Full Robin Trap Strategy In Deep Detail. And What Trades Im Looking To Get In Soon!
Market Open Overview Part 19Me Going Over My Full Robin Trap Strategy In Deep Detail Must Listen Close To Get All The Nuggets
Market Overview Me Going Over My Full Robin Trap Strategy In Deep Detail. And What Trades I Will Get Into This Week!
Wave structure Multi timeframe analysis - CAD/JPY & GBP/USDCAD/JPY
The outlook of the CADJPY is very bearish, based on the Multi-timeframe waves structure count we should be expecting more downside in the pair. The bearish wave structure (4) on the H4 timeframe is not complete yet, we have seen a bearish 0, 1, 2, and 3 wave structures on the M15 timeframe. Having seen the 3 waves, we now have a more than 70% probability that the trend will complete the cycle which means we will see the momentum low 5.
GBP/USD
We have seen two trend-changing patterns in the GBP/USD. On Friday we have also seen a strong rejection from the high and this move down has created a potential 3rd structural failure, this means the current secondary trend is about to change to the downside.
Our short will be valid when the price trades below 1.2538; this will be a final confirmation of the trend change
Bullish or Bearish...? Multi Time Frame Analysis
Hey guys!
Over the past 2 weeks, we have seen the EURUSD pair go deep down. The beautiful part is that it played out well according to our analysis and prediction. So let's try again.
This time, we see this pair switch like a flipped coin from a long bearish to a steep bullish climb. Will this be the end of the bearishness, and are the Bulls to resume taking prices higher?
Or is this just one of those usual bullish pullbacks within a larger timeframe Bearish swing?
Watch this short Multi Time Frame Analysis to find out.
Please share your thoughts on this pair's price movement. Dont forget to Boost and to share with other traders
Li Auto is the price going to continue to drop?Li Auto has been red for the last few days but if you look at the price action its been trying to hold its own and hasn't really dumped. Somethings changing or happening right now and I believe its a balance shift. In this video I use this perfect oppurtunity to show how the ESVO can show you where Absorption has been hit, when momentum has shifted, and where price targets are for potential push down to absorb the remainder of the float or to repeat the N pattern(pain pattern that creates the catalyst for an upwards movement off the bottom.)
Of course, if you find any of this intriguing pls like, follow, and most of all boost so others can find my videos. Thank you!
by iCant84it
04.05.23
Bili Puts Update is it time to get out?Using the ESVO and looking at some different points of view from the previous move off the bottom, I have decided that we are not at the bottom of this move and we should be seeing another push down until we find synergy with price and volume. If we have a move to the upside I believe it will target $22.61 then dump to about $18.69 possibly deeper until we find that sweet spot where the two meet. If you find any of this intriquing pls Like Follow and Boost because that really helps me get more views. Thank you.
by iCantw84it
04.05.23
Is The gold Market About To Collapse?!In the early Asian session trading it looks like Gold is respecting a 3 month key level... offering a great opportunity for a high risk to reward trade.
These key levels when respected, get huge price momentum and are the catalysts for long multi year trends. Could this be the start of a new one?
In our analysis we break down from the 3month to the 15minute timeframe and show all of the potential key levels Gold can trade into.
Let us know your thoughts below.
NAS100 TECNICAL ANALYSIS WITH UNCLNRBZ - PART 5Nas100: Looking at the current market conditions, price is reacting from a HTF demand.
To confirm that this demand will hold, I will be looking for further LTF confirmations and breaking of structure (HH & HL). That being said, HAPPY TRADING.
NAS100 Sell IdeaConsidering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
QQQ multi timeframe. long and short targets presented. DowntrendQQQQ is in a downtrend. Bias is short, but it's been on a fierce downtrend for a few days and looks likely to test resistance and/or go sideways before continuing down. Long and short targets are presented in the video.
SPY multi-timeframe analysis and targetsSPY is in a downtrend, and that is the path of least resistance (as Brian Shannon likes to say). My trade bias is still short, but as of the time of this video it looks likely that there is some support building intraday, and the market could go sideways or up to challenge resistance before continuing down. Targets are presented in the video.
AUDJPY short set-up Swing Trade1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement.
2. PRice created a swing high formation after consolidation.
3. Price broke the 1hr trendline
I am looking for a price to move to at least the 38.2 retracement zone.
CADJPY Multi time frame AnalysisHey traders, here is the analysis for the CADJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Market Profile na prática - 19/11/20 - Parte 3Nesse vídeo entramos em detalhes de uma operação realizada, bem como seus alvos.
Market Profile na Prática - 10/11/20 - Dólar futuroA pedidos, explico um pouco como se daria a análise no dólar futuro e utilizando as ferramentas mais populares por aqui como Profitchart.
Market Profile na Prática - 09/11/20 - Parte 1Continuando a série, veremos como a dinâmica de valor se comporta frente à notícias e, assim, trazer mais claridade para onde certo ativo está querendo ir, comparando inclusive com outros ativos.
AU200AUD LONG TRADE SETUP USING MULTITIMEFRAME ANALYSISAll information provided in the video. Thank you
