This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio... We have 3 sell zones that I will watch and 1 buy zone for the week. Once...
This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
Since a buy trade was good last week. Price is now going to a possible sell liquidity zone... That's why I have added my Alert on a sell zone for me to wait and if this happens later on the week, I will be switching to lower timeframe and find the best possible entry with a very tight stop loss to get that highest possible risk reward ratio. So, I will stay...
This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
This is my simple plan for the week... This is is an "IF..... Then.... " plan. That's why I am Neutral on my bias... We wait for the price first and what the market will do before we react and execute our trading analysis to lower time frame so we can get a better risk-reward ratio...
This is a simple analysis of GBPUSD possible trend continuation to the upside while gathering some sellers from downside to go upwards this time.
This is a top down analysis and shorting gold on its weakness. I can always be wrong that's why always control your risk and let the profits take care of itself. I only risk 1% but the possible reward is always higher. That's why the risk is always worth taking.
Buy at 1.18270 SL at 1.18250 TP at 1.185 Risk Reward - 1:11.5
Sorry for the late publishing, but this is the real trade approach with 3 Pips SL, you can still open a market order if you want and will still give a good risk-reward ratio. Original Entry: 1.21400 SL: 1.21370 TP:1.22200 R:R = 1:26+ Or if you still want to get same results, set a pending limit order now at buy 1.214 if price will go back.
Good to be back here on TradingView. Will try my best to share some of my knowledge to you guys and hope to help others. Buy Limit with tight stops but huge rewards are our plays this time. Risk 1% but possible profit will be 12% Trying to keep it simpler this time. Buy @126.640 SL @ 126.580 TP @ 127.400 R:R = 1:12 Good luck!
Just going back to trading same strategy but on an Intraday timeframe now still following HTF direction though.. Let's see if this trade will workout with a 1:5 Risk Reward Ratio.
Since we've hit SL on Gold Buy, this gives us confirmation that Gold is getting ready to go down further first.
Gold is trying to trick a lot of retail that it's ready to go down since it has too many rejections from the top. But it's seems not ready as well to go down since Market structure is not broken for the bullish trend on HTF. It seems just collecting orders for now.. So, I believe this will still have more room for the upside. If we're wrong, it's fine since the...
Let's See if this Tight SL entry will give us the opportunity to earn 13R which means we risk 1% and gain 13% Trade at your own risk. This might also workout for a few days. IF I'm wrong, then it's okay. we only take 1% risk.
Got wicked out on our first trade. So, this will be a better trade on the previous gold analysis.
Gold just swept liquidity from below on today's session and ready to go back up again to follow the higher time frame direction.