Mastering Swing Trading using Market Framework

Oh no something went awfully wrong Alan.....

Too many possible swing points on GJ H1 chart.

Focus on M30,H1 engulfing patterns at swing points and the reaction/retest from them.....you'll filter good entries

Thanks for looking at this!

You're welcome TBS

Gold scalping chart this morning,almost same as swing trading but framework is the same using engulfing candles,I was trading this on another system initially and referred to HTF H1 swings to get entries early I had EMA and MACD on for high volatility during the overlap session.

GOLD - 4:1 RR -- Aggressive entry

Here's one i missed today. GU touch of the TL. M5 chart shows more detail. 123 pattern and drop to the daily open. Looks to be a 2nd chance to get onto the trade just after as well.

The OPEC+ meeting and the US Crude Oil Reserves data, which significantly impact energy prices, will become the main events on Wednesday. Traders should also pay attention to the ADP Non-Farm Employment Change and Australia GDP data for the quarter.

1. Australia GDP (q/q) at 04:30 (GMT+3);
2. Germany Manufacturing PMI (m/m) at 10:55 (GMT+3);
3. Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
4. UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
5. Eurozone Unemployment Rate (m/m) at 12:00 (GMT+3);
6. US ADP Non-Farm Employment Change (m/m) at 15:15 (GMT+3);
7. Canada Manufacturing PMI (m/m) at 16:30 (GMT+3);
8. US ISM Manufacturing PMI (m/m) at 17:00 (GMT+3);
9. US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
10. OPEC+ Meetings (All day).

Gold break of SR and retest. +279. Testing Cavemanager to manage the trade

Grabbed a bit more on M1 Gold +280. Uptrend after the dollar news

GBPUSD 50 pips - Buy stops placed at 2 positions

I have gold on another 1 account for trading alone didn't trade it today,nice swings

EURUSD 40 pips with just a simple trend line ,buys stops set and went to sleep
Entry on M15 - 40 pips ( 30/10 , 2 buy stops)

Everyday currency pairs move,some move more than each other on specific days and that's called volatility

Therefore,you can choose what can be traded per day,also checking the economic calendar helps.

https://www.investing.com/tools/fore...ity-calculator

INFLATION IN THE EUROZONE INCREASED TO A TEN-YEAR HIGH
Amid a temporary strengthening of the dollar index, major US stock indices declined yesterday. The Dow Jones index decreased by 0.11%, the S&P 500 index decreased by 0.13%, and the NASDAQ index lost 0.04% at the close of trading. 7 of the 11 sectors closed in the red zone. The technology and energy sectors declined most. But despite that, the S&P 500 index added almost 3% at the end of the month. It is the seventh month of growth in a row. And while the Fed is in no hurry to tighten its monetary policy, the rally is likely to continue. Investors' attention is now focused on labor market data, which will be released later this week. The Federal Reserve relies on employment reports, so very good figures may provoke investors to start selling.
Amid the return of millions of employees from remote work to offices, shares of video conferencing service Zoom fell by more than 15% after the company signaled an earlier-than-expected decline in demand. Investors now expect the Q3 report period will not be so profitable as the previous ones.
European stock indices also showed negative dynamics on the last day of summer. The British FTSE 100 decreased by 0.4%, German DAX lost 0.3%, French CAC 40 decreased by 0.1%, Italian FTSE MIB and Spanish IBEX 35 decreased by 0.06% and 0.2% respectively. On the other hand, the FTSE 100 index showed its best month since April, while the European Stoxx 600 index grew for the seventh month in a row. The UK energy regulator has established a £450 million fund for innovative projects that will help the country reach its net-zero climate goals. Ryanair plans to transport more passengers this fall than it did in the summer, raising its plan for the next three months after restoring traffic. The inflation rate in Europe increased to 3% year-over-year, which is much higher than the target indicator of the European Central Bank of 2%. The new ECB program implies some deviation from the target, but what kind of deviation is acceptable and what is not is all at the discretion of officials.
It took nearly a month for gold to recover from a sharp drop in prices that had occurred at the beginning of August. At the end of the month, the price closed at +0.3%. And as far as the Fed puts off the cutting of the QE program, growth is likely to continue.
Aluminum reached its highest level in a decade due to high demand and concerns that China may cut production in an effort to reduce energy consumption and emissions.
According to the American Petroleum Institute, oil inventories fell by 4.045 million barrels last week, which was higher than analysts expected. Today, the OPEC+ meeting will be held, and the crude oil reserves data will be released. Volatility in oil prices will jump. Yesterday, Kuwait's oil minister suggested that OPEC+ might decide to postpone plans of increasing production by 400,000 barrels per day. However, most analysts and refiners expect OPEC+ to stick to its plans to increase oil production gradually.
China's recovery has slowed. The corporate growth has almost stopped, and the service sector is contracting. It is negatively affecting the dynamics of major Asian indices. Australia's GDP increased by 0.7%, but economists are confident that we will witness more consequences of COVID-19 restrictions.

yo boss, just going thru the thread again looking for details on your M5 scalping technique. Any more instructions so we can give it a go please?

Wonder if this pattern on GU M1 has any significance?

Shame kicked me out at BE. Never mind.