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Real Trading

  • #6,721
  • Jan 5, 2022 9:49pm Jan 5, 2022 9:49pm
Currently short Gbpusd and short usdjpy
  • #6,722
  • Jan 5, 2022 10:13pm Jan 5, 2022 10:13pm
nice start on this year, too many opportunities, I missed AUD
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Daddy, Brother, Lover, Little Boy
  • #6,723
  • Jan 5, 2022 10:16pm Jan 5, 2022 10:16pm
Quoting genadi
{quote} in my understanding this is also liquidity {image}
Hi Genadi,

How Do We Spot Liquidity ? ( not by Waveskie definition)

We spot liquidity when we can see that there are obvious buyers and sellers in the market.

How do we know where the obvious buyers and sellers are??

We spot the buyers and sellers simply by identifying the obvious support and resistance areas in the market.

ILLUSTRATION 1: This is live trade . Late entry but suffice to set the example

IDENTIFYING POSSIBLE AREAS OF LIQUIDITY.
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The $ sign represents liquidity telling us that a zone is available for liquidity.

By looking at this we can see the support zone which is a zone for buyers to start taking long positions then we know there is volume at that zone.

Keeping in mind, we also know that if the market wants to grab liquidity, they do that with order blocks below the liquidity.
We all know about the order blocks, if you don’t know about order blocks, just do google order blocks.

The entry would be at the order block candle below the liquidity, imagine the sniper entry, they went up fast without looking back.

If you don’t have this knowledge, you may try to trade the support zone and unfortunately, you would be taken out because your SL will be exactly below the zone and you become the liquidity.

Some people always ask if they can redefine the entry using the smaller time-frame on the M5, but it be always a whipsaw at spot of the order block above or below the liquidity, because we know that once they grab liquidity, they might not look back to give entries for the smaller time-frames.

Using M30 should be ok.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,724
  • Jan 5, 2022 10:36pm Jan 5, 2022 10:36pm
Quoting Pat Chiko
{quote} Hi Genadi, How Do We Spot Liquidity ? ( not by Waveskie definition) .

SHORT ILLUSTRATION .

Live Trade - Thanks to Robinhood 1. He gave me this signal on GBP thread. (pun intended)


The same thing like as explained above earlier.
Market will always repeat the same thing over and over again.

The liquidity was formed while resistance was created and the entry would be exactly at an order block right above the liquidity.
Then TP will be after the liquidity grab when you have seen enough profit.
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What confirmed this trade was the impulsive move after the HIGH IMPACT USD FOMC that came up around 3.00pm yesterday.

The news created imbalance and volatility, and we all know that market would surely fill imbalances whenever there is an order block above or below the imbalance area that was the confluence for taking this trade and in the process of mitigating the order block, market had created early resistance that created liquidity which would surely be taken out in the future.

Now the market is moving to the places of liquidity again to take out all the buyers and sellers in the market.

That’s the work of smart money algorithm.
The composite man tries to trap all the sellers and buyers in the market, luring them to place trades in specific areas of liquidity allowing them to be trapped and take them out as soon as there is enough volume and liquidity to take out on them.

Am not saying retail trading is bad but as a retail trader you have to consider many factors before taking a trade, like the market structure, confluence, weekly and daily trend, not just support and resistance because support and resistance areas are places of volume the composite man uses to take out traders.


NOTE : NU is ready to closed before LO.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,725
  • Jan 5, 2022 10:39pm Jan 5, 2022 10:39pm
GJ h1
After stop BE at 157.31 enter again short at 157.64.
Hope that this time go south. 156.60 is a crucial S/R at the moment.
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  • #6,726
  • Jan 5, 2022 10:52pm Jan 5, 2022 10:52pm
Quoting Pat Chiko
{quote} SHORT ILLUSTRATION . Live Trade - Thanks to Robinhood 1. He gave me this signal on GBP thread. (pun intended) The same thing like as explained above earlier. Market will always repeat the same thing over and over again. The liquidity was formed while resistance was created and the entry would be exactly at an order block right above the liquidity. Then TP will be after the liquidity grab when you have seen enough profit. {image} What confirmed this trade was the impulsive move after the HIGH IMPACT USD FOMC that came up around 3.00pm yesterday....
Well explained PAT ...
  • #6,727
  • Jan 5, 2022 10:53pm Jan 5, 2022 10:53pm
This is really good information PAT. Just what I needed
  • #6,728
  • Jan 5, 2022 11:07pm Jan 5, 2022 11:07pm
Quoting Mr.Burger
nice start on this year, too many opportunities, I missed AUD {image}

Hola Juan.

Missed the boat too.
But worth to make a case study to sharper my newbie skill.

This is how I see it with QM and OB perspective.
Sharing it for knowledge for others.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,729
  • Jan 5, 2022 11:11pm Jan 5, 2022 11:11pm
i think i have a vast information on the market but building and exercising patience with improve my discipline

Thatwill make me graduate from novice to professional trader
  • #6,730
  • Jan 5, 2022 11:12pm Jan 5, 2022 11:12pm
Quoting Whale
eth\usd idea {image}
two week after, finally a progress
so annoying to sell crypto, the best in Binance futures is sellers get a funding fee every 8 hours.

go bears
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  • #6,731
  • Jan 5, 2022 11:21pm Jan 5, 2022 11:21pm
EUR AUD.


Same tricks being played out for trap retail traders.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,732
  • Jan 5, 2022 11:31pm Jan 5, 2022 11:31pm
Quoting Pat Chiko
{quote} Hola Juan. Missed the boat too. But worth to make a case study to sharper my newbie skill. This is how I see it with QM and OB perspective. Sharing it for knowledge for others. {image}
salute always to you Pat, being able to explain in detail PA to all of us +

in addition, for those who want to learn about PA this is highly recommended

free video from AL BROOKS ( technical analysis contributor to Futures magazine and an independent day trader )

--- have a nice great day, cheers
Daddy, Brother, Lover, Little Boy
  • #6,733
  • Jan 5, 2022 11:31pm Jan 5, 2022 11:31pm
Sell gu
tp: 1.34655
52 pips
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My telegram: https://t.me/avidforex
  • #6,734
  • Jan 5, 2022 11:38pm Jan 5, 2022 11:38pm
GOLD


Anyone want to share GOLD analysis and trade set up.

Please make some noise here.

I don't want appraisal, I want to hear your view.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,735
  • Jan 5, 2022 11:51pm Jan 5, 2022 11:51pm
Quoting Pat Chiko
GOLD Anyone want to share GOLD analysis and trade set up. Please make some noise here. I don't want appraisal, I want to hear your view. {image}
GOLD

On monthly 1830 has been a very strong level of resistance. I would like to see 1830 break to take high probablity longs.
Weekly looks bearish to me. Head and shoulders pattern and also again rejected 1830.
Daily if today candle breaks and closes below 1800 I would short it after a break and retest of 1800 level
H4 M formation bearish
I would take shorts if 1800 level breaks and retests 1800 level which is also M formation neckline
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  • #6,736
  • Jan 5, 2022 11:52pm Jan 5, 2022 11:52pm
Quoting Pat Chiko
GOLD Anyone want to share GOLD analysis and trade set up. Please make some noise here. I don't want appraisal, I want to hear your view. {image}
I would wait for it to get to 1792 before I buy. In my analysis gold is on un upward momentam
  • #6,737
  • Jan 5, 2022 11:58pm Jan 5, 2022 11:58pm
Quoting Pat Chiko
GOLD Anyone want to share GOLD analysis and trade set up. Please make some noise here. I don't want appraisal, I want to hear your view. {image}

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  • #6,738
  • Jan 6, 2022 12:05am Jan 6, 2022 12:05am
First test of support 135. Next target for shorts should be 13450. I’m using round number psychological areas

bulls to target 13550 again
Insane in the Brain..
  • #6,739
  • Jan 6, 2022 12:13am Jan 6, 2022 12:13am
Quoting Pat Chiko
GOLD Anyone want to share GOLD analysis and trade set up. Please make some noise here. I don't want appraisal, I want to hear your view. {image}
I think M30 really bumpy trend now, and it's could be complicated expecting good bounce. Better catch down liquidity, but again we need look at the movement, better if it will be strong berish to that area.
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  • #6,740
  • Jan 6, 2022 12:22am Jan 6, 2022 12:22am
Quoting recepcem1984
{quote} {image}
I wish it can be that simple.

Tell me about the structure before you jumped talking about liquidity zone.

Plot on your own chart, then you will understand more.

If you plot on my chart ( you're taking short cut).

If you plot on your own chart , you will understand better and pay more attention.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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