STRUCTURE BROKEN Price buying up back to the supply zone taking out liquidity at 16693 Sorry used a daily chart Let's go!!!
Gold is heading down to the demand zone @ about 1771 before buying back up to the liquidity zone @ approx 1814 Let's go!!! Practice makes perfect, soon to become a 6 figure trader!!
Looking for a TP @ 15676 THEN shoot retest to form a double top then drop to take out all pending liquidity voids. Let's see how this goes. I love NAS but you have to know when to TP because things can get really ugly. Let's go!!!
IN MY OPINION The USD INdex is showing a hidden divergence as such is strengthening. This means all US pairs ***usd will sell and usd*** will buy. I love gold so will be monitoring this impact on it. What do you guys think??
Waiting on US30 to shoot to the 36000 Instructional level, then shoot down to the 50% fibs level to take out liquidity at that point. Wish me luck!!!
XAUUSD ON A 4HR TF Hoping that gold completes this retracement to at least 1792 and expansion back to liquidity @ 1814.30 Wish me, luck guys!!!
Just another test of mines using FIBS, Market structure, Price action, Daily TF & 4HR TF. Buy heading to the 1800 zone lets see how this goes!!!
Trying a trade idea on my demo account using the following confluences 1. On Daily TF - DOWN TREND - BREAK OF STRUCTURE - EXPANSION IDENTIFIED - RETRACEMENT TO 50% 2. On 4HR TF - Break of the structure of the buy - Buy limit, set off the sell retracement. 3. Buying up to 50%...
I'm backtesting one of my favourite pairs - GU Identifying liquidity, trend line, key zone of rejection, expansion and retracement. These all interact to cause trends to be broken and allow us to enter for a buy or sell. I'm new to really backtesting so any advice will be appreciated. Educator: Hasani
This assignment is done on the Daily Time Frame - XAUUSD Trendlines are drawn using the ray drawing tool. They are drawn of 2 or more touched. The Daily TF was used to get the main direction of the trend so that my trades will be taken based on the overall trend and I will not counter-trend unless I am scalping. I will use the trendline as one of my four...
This assignment is done on the Daily Time Frame - GU Trendlines are drawn using the ray drawing tool. They are drawn of 2 or more touched. The Daily TF was used to get the main direction of the trend so that my trades will be taken based on the overall trend and I will not counter-trend unless I am scalping. I will use the trendline as one of my four confluences...
This assignment is done on the Daily Time Frame - NAS 100 Trendlines are drawn using the ray drawing tool. They are drawn of 2 or more touched. The Daily TF was used to get the main direction of the trend so that my trades will be taken based on the overall trend and I will not counter-trend unless I am scalping. I will use the trendline as one of my four...
This assignment is done on the Daily Time Frame. Trendlines are drawn using the ray drawing tool. They are drawn of 2 or more touched. The Daily TF was use as to get the main direction of the trend so that my trades will be taken based on the overall trend and I will not counter-trend unless I am scalping. I will use the trendline as one of my four confluences...
Class assignment to identify 4 types of divergences on each pair. It is a very challenging assignment for me but with practice, I'm getting there slowly but surely. Note to self : Divergences found above are bearish/short and below are bullish/long.
Class assignment to identify 4 types of divergences on each pair. It is a very challenging assignment for me but with practice, I'm getting there slowly but surely. Divergences found above are bearish and below are bullish.
Class assignment to identify 4 types of divergences on each pair. It is a very challenging assignment for me but with practice, I'm getting there slowly but surely. Divergences found above are bearish and below are bullish.
Class assignment to identify 4 types of divergences on 3 different pairs. It was a very challenging assignment for me but with practice, I'm getting there slowly but surely.
Class assignment to identify 4 types of divergences on 3 different pairs. It was a very challenging assignment for me but with practice, I'm getting there slowly but surely.