383 pip swing, I trade from HTF's such as the 8hr to 1hr I typically use the 4hr just because of the clarification I can obtain from it. in this case, I'm using a 4hr magnet that has yet to be mitigated and targeting the nearest 4hr magnet that's close to wicks that are highlighted in blue on the right side of my chart, I usually only target wicks in sells and the...
Same bias just updated the market will do what it wants and you have to adjust. NJ trade update
This is by far the most risk to reward trade setup I’ve had in pips. Bulls trade idea NJ
I use the green horizontal lines to identify my areas of interest. Gold is very volatile so if you do use my analysis be sure to use a stop loss your comfortable with
UJ trade idea. DISCLAIMER- for all my idea it’s just that they’re just my ideas I’m not a wizard I can’t see in to the future and I have only been trading since March of 2020 I have been gone for awhile with posting my ideas I have been back tasting and perfecting my trading plan and In doing so I’ve built an awareness of market structure and how I see it I am not...
I am a swing trader so mostly all my trade ideas will be 1 to 10 rr or above I won’t bother trading anything lower I also haven’t posted in a while I’ve been doing some back testing and expanding my knowledge on the markets also created a better strategy with more confluences to become as accurate as possible
My entire analysis is to buy with the 1 to 23rr trade idea into the sell for 1 to 53rr.
FVG stands for fair value gap the market tends to correct it self when there is an imbalance of traders in this case buyers lucked out and sellers couldn't capitalize.
price can easily test the Low or break the low for liquidity before buying up and with the low being so close to my POI I wont use a limit order I will market execute the buy on a confirmation if your not sure how to enter on a confirmation I wait for price to break structure then get in on the retest of the order block that cause it.
first gj sell was stopped out in profit if this GJ trade doesn't play it will change my bias on bearish to bullish
After the retrace I think GJ will buy up some more then sell off to the daily low