Mastering Swing Trading using Market Framework

Thanks,engulfing candles all around and they pay,scalping is such an amazing skill,getting it right.Never trade on an open candle
Alan,look at gold as i type,its forming H1 bear engulfing and tested the previous high with spike on M1....some seriously quick quick entries.

GBPUSD Touch and Go level

GOLD: 1811 & 1812.25 important levels today

Tuesday will bring various statistics for many countries. The European CPI data release will be the main event, which displays the level of inflation in the EU countries. Economists believe that inflation will rise to 2.7% on a year-on-year basis. Investors should also focus on the US CB Consumer Confidence and Canada GDP data releases.

1. Japan Unemployment Rate (m/m) at 02:30 (GMT+3);
2. Japan Industrial Production (m/m) at 02:50 (GMT+3);
3. China Manufacturing PMI (m/m) at 04:00 (GMT+3);
4. German Unemployment Rate (m/m) at 10:55 (GMT+3);
5. Eurozone Consumer Price Index (m/m) at 12:00 (GMT+3);
6. Canada GDP (m/m) at 15:30 (GMT+3);
7. US CB Consumer Confidence (m/m) at 17:00 (GMT+3).

MAJOR US INDICES CONTINUE TO UPDATE HISTORIC HIGHS
The US stock market showed multidirectional dynamics. Technology, healthcare, and consumer cyclical sectors demonstrated growth. The oil and gas and financial sectors declined. At the close of trading, the S&P 500 increased by 0.43%, while the Nasdaq added 0.9%; both indices updated the price highs. But the Dow Jones Industrial Average decreased by 0.16%, even despite the growth of Apple and Microsoft's shares, which increased yesterday by 3.04% and 1.29%, respectively. The US dollar index is under pressure right now. Excess liquidity in the financial system is driving the dollar index lower and major stock indices higher. And most likely, the situation will not change much before the next Federal Reserve meeting, held on September 22. The only thing that could significantly affect the market before that date is strong labor market data later this week, which could trigger a sharp rise in the dollar index and a decline in the major stock indices.
The earnings of more than 75% of major US companies surpassed 2019 levels in Q2. This suggests that many types of businesses have adapted to the new conditions.
The majority of European stock indices grew yesterday. The activity was lower than usual due to the bank holiday in the UK. German DAX increased by 0.2%, French CAC 40 and Italian FTSE MIB added 0.1% each. However, the Spanish index IBEX 35 lost 0.6%. Inflation in Germany jumped to a 13-year high of 3.4%. Companies are struggling with supply shortages, which are putting pressure on prices. Other countries in Europe will also report on the level of inflation today. Economists expect consumer prices in Europe to reach 2.7% annually, which is significantly higher than the 2% target of the ECB. Due to the growth of COVID-19, Europe will tighten the rules for US citizens to enter Western European countries. As a result, the capitalization of Deutsche Lufthansa and EasyJet airlines decreased by 1.5% and 0.3%, respectively, the shares of TUI tour operator fell by 1.1%.
Oil rose on Monday as US Gulf Coast refineries faced uncertainty over the timing of a restart after Hurricane IDA damaged the region. Natural gas prices in Europe continue to rise. The gas price in the European futures market exceeded $600 per thousand cubic meters for the first time in history. High prices are supported by such factors as low storage levels in Northwest Europe and the uncertainty with the launch of Nord Stream 2.
The US Treasury yields are declining. This indicator correlates inversely with gold and silver prices. As long as the Fed maintains a soft monetary policy, the price of precious metals will rise. Industrial metals are also on investors' radars right now.
Asia-Pacific stocks have decreased during Tuesday’s morning trading as data shows a slowdown in manufacturing activity in China in August. Japan's Nikkei 225 index decreased by 0.1%, South Korea's Kospi lost 0.15%, Hong Kong's Hang Seng index and China's CSI300 blue-chip index opened lower by 0.1% and 0.2%, respectively. In response to growing concerns about gaming addiction, Chinese regulators reduced the period of time players can spend playing online games. Users under 18 will only be allowed to play games between 8 p.m. and 9 p.m. local time and only on specific days. Online gaming companies will be prohibited from providing gaming services to minors in any form outside of those hours.

DXY is your most important weapon trading USD pairs! Notice the unbreakable zones.

XAUUSD - Statistics from last 4 weeks and rising volume/volatility.Take what you need leave what you don't

Just waiting to see what gold does when it gets to the box. Possible bounce off the daily open line or the TL Looks like the M5 chart is trending downwards

Yes,very nice, and also add these levels to your chart....GOLD: 1811 & 1812.25 important levels today,attempting possible break and retest or stop hunt

Possible bearing engulfing forms,only valid reason in the world to buy and sell its when price retests,important!

wow, what just happened on Gold?

The news sites don't even know how to report the best news as headlines.....they don't want traders to know the truth and not having an opportunity to trade and posted - this HEADLINE - US: Housing Price Index rises by 1.6% in June vs. 2.1% expected....that did nothing to the market! They should focus on 19.1% figure >>>>>>>>Meanwhile, the S&P/Case-Shiller Home Price Indices rose to +19.2% on a yearly basis in June from 18% in May, surpassing analysts' estimate of 18%.

Anytime you have news released and its beyond consensus and previous it put an electric shock to the market,well retails traders,the inside men know whats going to happen,before anyone else.

The system has an algorithm programmed each day it it directed from the central banks and you need to learn that and only that.......nothing else works!

Successful traders and thinkers build trading systems from that model,the fake ones market on YT and say its market makers lol,many are hoax!

Got me some action none the less. +443

I think we can leave it at +533 for today. Squeezed a bit more out of it.

Hello All,

I got stopped out on this but wondered whether I was even on the right track in any way. Please critique this entry.

D1


H4


H1


M1
My entry on the break of the low.

Going to check now,thanks for sending....

Swings on M1 are so fast and un-noticeable,they happen as you blink sometime,refer your screenshot which I edited,there is your entry

I am looking at GJ as well and I hate it already. Gonna put that in the "dont bother" pile along with the CAD pairs