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Dance of the wick

  • #81
  • May 29, 2026 8:13am May 29, 2026 8:13am
Quoting ghbdr
Closin the platform now {image} {image}
i got same entry with my trading system, intresting to see urs it maybe help me with additional confirmation, ill read whole thread now
  • #82
  • May 29, 2026 9:02am May 29, 2026 9:02am
I always check my fibos while trading this zones. It gives extraconfidence to load the guns and shoot
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Trade what you see
  • #83
  • May 29, 2026 9:15am May 29, 2026 9:15am
Price headin to 50% retracement
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  • #84
  • May 29, 2026 10:02am May 29, 2026 10:02am
Got a little afternoon chart time - and after price had bounced and old zone and crossed another old and retested it - I took an entry and caught a good move up - making it a very nice day.

Still demo - but right now it's a process of gaining confidence in my entries.

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  • #85
  • May 29, 2026 10:03am May 29, 2026 10:03am
We reached the goal. 4563.00
  • #86
  • May 30, 2026 7:15am May 30, 2026 7:15am
Quoting ghbdr
Price headin to 50% retracement {image}
I got two questions:

1:
What do you do in a case where youre wrong with an entry an you get taken out - but then price goes back down and comes up shortly after to retest the zone once again. Do you try again or do you wait until price reach a new zone that look more reliable?

2: What do you do when your wrong with an entry and price starts to trend - do you try to predict the top based on the left history or do you then try to look for zones in pullbacks, to get a good entry when price continues the trend. (I assume the latter is the correct answer)
  • #87
  • Jun 1, 2026 6:02am Jun 1, 2026 6:02am
Still on demo - but had a good first session of the day - 6,5% gain already locked in profit and have 2 runners with be+2 secured - and now I'm gonna go and do some shopping and might get on for a later session.

Had some bad entries that burned some of my initial profit - but learned from my mistakes and turned it around.

Now I just hope the runners will do their job - and if they don't it's okay - profit already secured.

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  • #88
  • Jun 1, 2026 6:36am Jun 1, 2026 6:36am
Quoting TranceGhost
{quote} I got two questions: 1: What do you do in a case where youre wrong with an entry an you get taken out - but then price goes back down and comes up shortly after to retest the zone once again. Do you try again or do you wait until price reach a new zone that look more reliable? 2: What do you do when your wrong with an entry and price starts to trend - do you try to predict the top based on the left history or do you then try to look for zones in pullbacks, to get a good entry when price continues the trend. (I assume the latter is the correct...

Question 2 have been answered . For question 1 i would take new entries if the level is fresh. If this level has been tested multiple times I would avoid to keep milkin it. But sometimes in a retest 2 o 3 price tends to make some tests durin the process before it starts to move rejected and its fine to trade it
Trade what you see
  • #89
  • Jun 1, 2026 7:03am Jun 1, 2026 7:03am
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  • #90
  • Jun 1, 2026 1:20pm Jun 1, 2026 1:20pm
I admit - I overtraded today - trying to catch to many middle zones - and seeing wicks everywhere - And my brooker have server issues - so trades execution is fucked atm - so that also cause late entries and breakevens that did not more etc.
So good it's demo - will continue for a while this way to remove the bad habbits.

That's why my graph looks like a Tour de France stage
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But overall for the two days I have tried trading this I have come out on top doubling the account using max 5% risk per execution.
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Would say that an EA - for trade execution and management is crucial since gold moves fast sometimes.
  • #91
  • Jun 1, 6:39pm (47 hr ago) Jun 1, 6:39pm (47 hr ago)
Did a little scalping doing Asia open using the wick zones with good results.
Now off to bed.

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  • #92
  • Jun 2, 12:28am (41 hr ago) Jun 2, 12:28am (41 hr ago)
Quoting ghbdr
{image}

Hi, ghbr, thanks for the thread, very impressive stuff. Just a little question. How do you mark the h1 magenta level on this example. Do you focus on the candle close/open rather than the wicks?
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Stick to the plan!
  • #93
  • Jun 2, 8:10am (33 hr ago) Jun 2, 8:10am (33 hr ago)
Quoting ghbdr
{image}

Hi Ghbdr.

In a situation like this, that we are in right now. Price did a good move down to a posible zone.
After having been in consolidation for a period of time.

Would you automatically push a buy once price reached this zone (yellow) Or would you rather wait for price to make new zone around (red)
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On the 1 hour we are at an area where price could go down a while
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  • #94
  • Jun 2, 9:30am (32 hr ago) Jun 2, 9:30am (32 hr ago)
Short tp 4406. Trend continues down
  • #95
  • Jun 3, 3:12am (14 hr ago) Jun 3, 3:12am (14 hr ago)
Quoting Klausi
{quote} Hi, ghbr, thanks for the thread, very impressive stuff. Just a little question. How do you mark the h1 magenta level on this example. Do you focus on the candle close/open rather than the wicks? {image}
I focus on the wicks marked with yellow arrows
Trade what you see
  • #96
  • Jun 3, 3:14am (14 hr ago) Jun 3, 3:14am (14 hr ago)
Quoting TranceGhost
{quote} Hi Ghbdr. In a situation like this, that we are in right now. Price did a good move down to a posible zone. After having been in consolidation for a period of time. Would you automatically push a buy once price reached this zone (yellow) Or would you rather wait for price to make new zone around (red) {image} On the 1 hour we are at an area where price could go down a while {image}
After this type of consolidation price can go down with strength so I would avoid buys till new structure is created in HTfs. I wait to see wicks created and signs of rejection before consider any buy option
Trade what you see
  • #97
  • Jun 3, 3:30am (14 hr ago) Jun 3, 3:30am (14 hr ago)
The Power of 4H candle manipulation and closure + Liquidity i took this trade yesterday and i'm running on profits on EURUSD
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  • #98
  • Jun 3, 3:32am (14 hr ago) Jun 3, 3:32am (14 hr ago)
I share again a compiled version of the EA cause some people are having issues with the previous one
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File Type: mq4 EA_Manager_V7.mq4   22 KB | 10 downloads
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  • #99
  • Jun 3, 4:40am (13 hr ago) Jun 3, 4:40am (13 hr ago)
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  • #100
  • Jun 3, 5:11am (12 hr ago) Jun 3, 5:11am (12 hr ago)
Nice runners at H1-H4 Sync
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