Daily Trading Ideas

Gold market in play again ...

1: Define BIG TF trend and set up to confirm your direction
2: Look for 4H and Daily major S/R or wick rejection area
3:Look for small tf like 15/30m or 1H for entry but rmb do not enter every set up until it reach 4H/daily S/R or wick rejection area, enter in the middle required wide stop loss above the S/R or wick rejection area
4: stick to the view from Big TF , do not let your emotions affect you when there is opposite set up formed at small tf
(this part need confident to overcome)
5: do not chase the price unless it strong volume sell/buy but for scalp is better or else you can set wide stop for holding , dont sell low or buy high, if miss entry better wait next train
6: Entry tip: split your lot size into 2-3 order so when it move down 20-30 pips , you can decide to close 1-2 orders for scalp profit and let one BE or with stop loss and let it run for your big tp
7: tp tip: if enter with small tf direction is better for scalp, if enter with big tf direction can try to target 4H candle stand alone or S/R or wick rejection area , bfr gap also can as a target , but need patient to wait big tp and pay


1st things look some setup and clue at higher tF before find or wait some setup at small tF to support our action to enter the market..
for example at gold yesterday..
price is in falling mode..
so do we have a setup or clue from higher tF than price wanna reverse its instantly?
i think not..
so better just keep short every bounce that market give us opportunity to make more n more green pips from short side..that what i’m doing yesterday..
since london till NY..i’m add more n more short at every bounce..
don’t try to play at long side if just a setup come from small tF..
but if for quick scalps its fine..


before any trend reversal
there must have a setup or signal at higher tF..
don’t be afraid or worry that price will leave without us
because price always re-visit at top or buttom before reversal come in play..
big time run by market not just happen llike that
always take time to produce its..
there is ‘patience’ inside us need to have


don’t try to catch lots of pairs at one time
2-3 pairs is enough
choose which pairs is suitable and can give us good opportunity..
so sticks to them till you mastered them..
who that already long time hanging here they will know my trading style..
elders said act like ant..
where have sweet so sticks there till finish then move to another place..

before summary and explanation.

stop out at Gold

waw so fast Bull again ,,,

still waiting for bear

as always..
NAS dump
so gold fly

hope price keep below 1473/75

Didnt check nas for long time
hope gold just temporary, try short here again 15m with stop 1475.5

Not quite sure bulls are away yet!

LeongPuiy, you should post often explaining markets they way you just did. Interesting and simple to grasp your mind there. Thanks

like a matador in play ... ha ha ha

I have created tool to find all S/R Points... Just to see how many levels were getting nested there.
Today i had this for AUDCHF.
I think its all pain getting those levels manually. Are you ok to share with me some screens . For example do you see right now NZDCAD sitting at the top ? With many Nested zone.

Im having huge SELL Zone reading for NZDCAD... The audchf trade did happend for similar score. Watching to see how it will happen

i thought it was timber

axe needs sharpening

bedtime

gold is ready to drop to 1377

before sleep
cash and collect
GA N GN

must be fast close all... so it doesn't become a bull anymore
only hit n run system

your tool will kill you first, then say have a good day