Nas & Spx similar setup like gold on yesterday, create range just before LO, then pump up into M30/H1 Imbalance at just few minutes after London open (trigger stops + traders) and make impulsive BOS back, but no retest (50%+) so no entry unless You had chance to sell exactly at HTF imbalance. Nas M1 {image}
{quote} This will going to be an advance lesson: Here is a H4 chart of Dollar, i will reveal how i see it after a while .....meanwhile if any of you wish to post analysis on this, most welcome ! this will help us see how we see the same chart and open up new ways of seeing a chart. {image}
28.06 - Markets look slow and stuck.. no clear read at the moment, nothing to do, trying to think of potential weekly profile and waiting for alerts to trigger @ weekly (Monday) lows/highs for a potential reversal setup or continuation confirmation, can also be a inside day. Waiting for NY session & news to see atleast some kind of movement.. gold M15 {image} DXY M15, as potential leading "indicator" - same thing exactly in the middle of todays range and yesterdays range. Waiting for some kind of reaction @ lows/highs instead of getting caught...
{quote} Previous and/or Current Daily/Weekly/Monthly lows&highs .. in sync with Time & Price. Best places for "market makers" to make business, trap multiple timeframe traders, take liquidity and very often turn the market around. Why You think I mark these? Literally one of the best (secrets) and simplest way to get highest RR trades in with zero to very little drawdown. Why people are afraid to buy the low/sell high (of the current day)? Its scary, gets them emotional, cause most have no "real plan".
{quote} Absolutely it is scary without a narrative in place !! {image} {image}
, just like every other trader when starting out I believe.
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{quote} Oh yee, been there done that
, very well narrated as always !
Gold 29.06 - Watching if NY wants to take yesterdays high as well and then throw a potential reversal pattern in for ride back down, meanwhile DXY can fill some gaps left on the way up and then continue back up to previous weekly high liquidity. Always wait for price action to confirm the ideas. gold M15 {image} PS: dont forget the news {image}
{quote} Pay the trader - secure some partials & BE after 100+ pip run, exactly as planned, traders trapped in & stops taken, volume trapped & DXY exactly at previous weekly high. How simple You want this to be? How many of You freaked out and got scared asf? "No way Im shorting this" "This dude is crazy look at these bullish engulfings expansion, he wants to short that??" "Youre shorting this bull run?"
