The Long and Winding Road of Trading Journey

one of the most inspiring speeches ever from warren buffet

london session

the low hanging fruit

probably heading down to day low.

until nyse open ..........

ny session
turbulent nyse open

what a move

it is not above ny mn open.
probably due to the war.

hit my stop

How did you know that , whether that fvg would hold?
Just for education

i don't know actually.
it's about probability:
the d1 swing is up.
the discount market below fib 50 from ny midnight open.
the time of day for forex (although it's gold) ny 7am to 10am and extend to 12noon due to nyse.

it went up for more than 160 pips.
in normal circumstance would have grab half of that for profit.

yesterday was really weird.
i thought mostly up direction due to the war.
deep retracement.

whatever the time frames one looks at, and since they are all fractals,
the basis of trading is: that price gravitates or drawn to 2 places and they appear in all time frames:

1. stops. this is where liquidity lies.
2. imbalance. it has to be rebalanced or filled up.

time frame. it is all relative.
when one person sees h1 as higher time frame, it can be a smaller time frame for another person.
so there will be no end to what actually is htf or ltf.
market always or most of the time consolidates creating short term highs and lows.
these are where stops are resting.

since most of us here follows ICT (he trades intra day, watch his videos which explain much better if you want to know more details).
this is briefly what he does:
d1 - high low swing as directional bias to take out stops.
h1 - a framework for looking at the w1 range.
m15 - before there is any significant price move, generally there is going to be a stop hunt at swing high low.
m5/4/3/2/1 - this is where most of us here are interested in, how to enter a trade.
look for market structure shift and retracement back to fair value gap.

since stops and imbalances appear all the time, all over the place, in all time frames, the time of the day that one trades is of utmost importance.
also never forget sound money management.

low hanging fruit tp around fib 50.

price retraced down to swing low, m15 fvg and ny mn open line.