{quote} Hi Katfx! Great catch! I am getting old -_-‘ Yes, that is also a valid level. I usually only focus on the immediate levels but for practice you can draw all to get a hang of things. Great work keep it up!
{quote} No, please don't apologize. Thank you for sharing your style of trading!
My is just lazy way of doing what you achieved by actually doing something. 
- #223
- Jan 16, 2023 4:13am Jan 16, 2023 4:13am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #227
- Jan 16, 2023 7:49am Jan 16, 2023 7:49am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #228
- Jan 16, 2023 8:08am Jan 16, 2023 8:08am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #230
- Jan 16, 2023 8:46am Jan 16, 2023 8:46am
- Joined Mar 2015 | Status: Trader | 1,885 Posts
gold scalping today 1 loss 3wins using imbalance level as entry in 1min tf...
1911 level turn coat as sweep area...
nasdaq short set up 1min TF
1911 level turn coat as sweep area...
nasdaq short set up 1min TF
"bad trades at times do happen even when the set up are good"
- #232
- Jan 16, 2023 9:10am Jan 16, 2023 9:10am
Setup (Fib reaction @ psych levels 4hr & Monthly) formed on NAS100 4hr. We drill down to lower tf for a sniper entry.
Look for setups:
Snipe your entry. A sweet 6.5:1 risk:reward entry. Give a thumbs up if you're liking what you see!
Look for setups:
Snipe your entry. A sweet 6.5:1 risk:reward entry. Give a thumbs up if you're liking what you see!
Take this course: https://shorturl.at/upBey
- #233
- Jan 16, 2023 9:15am Jan 16, 2023 9:15am
UJ levels to watch for. Keep an eye out for reactions. Setups WILL come. Be patient. Be observant. Let the market prepare the setup for you. Don't trade for the sake of trading.
Take this course: https://shorturl.at/upBey
- #234
- Jan 16, 2023 9:23am Jan 16, 2023 9:23am
Tip:
When you see price making lower lows or higher highs and the gap between them is small, chances are the price will reverse. If the gaps are wide, then it will be a continuation. Take a look at screenshot below. 1,2,3 are all small gaps. 4 is a good large gap. Your eyes should look for these in conjunction with everything taught here to spot potential reversals.
When you see price making lower lows or higher highs and the gap between them is small, chances are the price will reverse. If the gaps are wide, then it will be a continuation. Take a look at screenshot below. 1,2,3 are all small gaps. 4 is a good large gap. Your eyes should look for these in conjunction with everything taught here to spot potential reversals.
Take this course: https://shorturl.at/upBey
- #236
- Jan 16, 2023 9:29am Jan 16, 2023 9:29am
Concept of buy and sell zones based on market structure. After UC gets out of this consolidation we will look for buy/sell in these respective zones. Stay tuned.
Take this course: https://shorturl.at/upBey
- #237
- Jan 16, 2023 9:37am Jan 16, 2023 9:37am
UC setup on 1hr. Price makes huge imbalance move beginning from Monthly psych level, immediate jerk reaction back up (which we don't trade as I mentioned in post #1). But watch as price makes a second attempt to test the level. As usual, drill down on lower tf and see wth is going on.
Setup on 1hr:
Sniper entry on m5. Look at what we see. A huge S&D imbalance on m5 tf. A generous ~7:1 risk:reward trade.
Setup on 1hr:
Sniper entry on m5. Look at what we see. A huge S&D imbalance on m5 tf. A generous ~7:1 risk:reward trade.
Take this course: https://shorturl.at/upBey
- #238
- Edited 10:01am Jan 16, 2023 9:47am | Edited 10:01am
- Joined Mar 2015 | Status: Trader | 1,885 Posts
{quote} Very good. Andoseg2 and SilentFather would be interested to see I bet.
asia drop and break H1 demand zone and flip to support 1917-20...
somehow with less volatility today gold fail to break 1910 to test those gap below gap...
"bad trades at times do happen even when the set up are good"
- #239
- Jan 16, 2023 10:28am Jan 16, 2023 10:28am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
UC setup on 1hr. Price makes huge imbalance move beginning from Monthly psych level, immediate jerk reaction back up (which we don't trade as I mentioned in post #1). But watch as price makes a second attempt to test the level. As usual, drill down on lower tf and see wth is going on. Setup on 1hr: {image} Sniper entry on m5. Look at what we see. A huge S&D imbalance on m5 tf. A generous ~7:1 risk:reward trade. {image}
Based on your indications now, that make sense and I am able to extend my knowledge. Before going in further with tests, I have on USD/JPY psy levels on Daily and switched to 1h where I see a compacted zone in vicinity of D psy level.
Let me know if my judgement is correct.
Money moves the market, not an indicator.