{image} ?
Anyone see other setup?
More time in the market, does not mean you trade better!
- #108,221
- Nov 12, 2023 6:51pm Nov 12, 2023 6:51pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
Anyone see other setup?
- #108,222
- Nov 13, 2023 10:40pm Nov 13, 2023 10:40pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} New swing UP? {image} Anyone see other setup?
More time in the market, does not mean you trade better!
- #108,226
- Nov 16, 2023 12:00am Nov 16, 2023 12:00am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} Trade working well {image}
Approaching a situation of "if this, then that"
Level to watch - Gray level
If PA of 1hr break down Gray level - When Support => resistance, Short to 4hr QM + 4hr OB
For the time being PA found Support , Still holding some longs - but took some partials up from BSL. Also, i reduced my Initial Final TP. Had time to review the chart- setting a more achievable target.
So Gray level becomes the invalidation of the pre- CPI setup
More time in the market, does not mean you trade better!
- #108,227
- Nov 20, 2023 1:06am Nov 20, 2023 1:06am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} AU Approaching a situation of "if this, then that" {image} Level to watch - Gray level If PA of 1hr break down Gray level - When Support => resistance, Short to 4hr QM + 4hr OB For the time being PA found Support , Still holding some longs - but took some partials up from BSL. Also, i reduced my Initial Final TP. Had time to review the chart- setting a more achievable target. So Gray level becomes the invalidation of the pre- CPI setup
Now waiting for Retracement.
Since the short is a bet against the upward structure, it worth noting, the corrective swings will be institutional Longs TP and lack of buy orders consider price is now at premium area.
We are already at a good level to go short,
Just waiting for Confirmation
The short is a higher risk bet.
Waiting for a shift in market structure in 30mins/1hr, to confirm the level.
{quote} Finally, TP Hit. Now waiting for Retracement. Since the short is a bet against the upward structure, it worth noting, the corrective swings will be institutional Longs TP and lack of buy orders consider price is now at premium area. {image} We are already at a good level to go short, {image} Just waiting for Confirmation The short is a higher risk bet. Waiting for a shift in market structure in 30mins/1hr, to confirm the level. {image}
DJ Dolla index at Support level.
Possibility for PA to bounce to the upside, becomes high
More time in the market, does not mean you trade better!
- #108,228
- Nov 20, 2023 9:18am Nov 20, 2023 9:18am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} Finally, TP Hit. Now waiting for Retracement. Since the short is a bet against the upward structure, it worth noting, the corrective swings will be institutional Longs TP and lack of buy orders consider price is now at premium area. {image} We are already at a good level to go short, {image} Just waiting for Confirmation The short is a higher risk bet. Waiting for a shift in market structure in 30mins/1hr, to confirm the level. {image} {quote} In addition, DJ Dolla index at Support level. Possibility for PA to bounce to the upside, becomes...
Short the hell of Aussie
More time in the market, does not mean you trade better!
- #108,229
- Nov 20, 2023 6:43pm Nov 20, 2023 6:43pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} After 8hr setup finally formed {image} Short the hell of Aussie
There's still hope as we are still in the game. Now lets pray it will work out
Missed the opportunity to cut loss tight when R becomes Support.
Let it ride till stopped out, else it will be an impulsive behaviour if we cut it. Not good
More time in the market, does not mean you trade better!
- #108,231
- Nov 30, 2023 11:53am Nov 30, 2023 11:53am
Will rise by 0.66. But the question is, will it go to 0.67?
Look at this DXY chart showing a similar retracement that happened last week.
So if the next 4 hour bar closes below today's high I will go long AUD/USD
- #108,232
- Dec 1, 2023 4:18pm Dec 1, 2023 4:18pm
- Joined Jul 2011 | Status: Gold Again | 10,654 Posts
Powell's Dovish Comments Send Everything Soaring, Gold Hits All Time High As US Dollar Plummets
MAY THE TREND BE WITH YOU
- #108,235
- Dec 6, 2023 4:35pm Dec 6, 2023 4:35pm
- Joined Jul 2011 | Status: Gold Again | 10,654 Posts
All the AUD are basically Inside Day with weak AUD bias, look at those silly pin bar type attempts to long yesterday, and now,
AUSTRALIAN TRADE BALANCE ACTUAL 7129M (FORECAST 7500M, PREVIOUS 6,786M)
AUSTRALIAN TRADE BALANCE ACTUAL 7129M (FORECAST 7500M, PREVIOUS 6,786M)
MAY THE TREND BE WITH YOU
- #108,240
- Dec 13, 2023 11:11pm Dec 13, 2023 11:11pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} PA is close to invalidate the setup, with unexpected HAWKISH RBA {image} There's still hope as we are still in the game. Now lets pray it will work out
Focus majority of my time towards learning Elliot wave and Fibonacci Application.
I see more up to go, now just playing between the big swing and smaller swing.
Reduce my scalping time on FX, doing scalping more in GOLD, causing scalping in GOLD yield a closer RR to a small swing FX trade and faster.
Also, start looking at NAS100, been trading it for over a month, on demo, trying to build a profitable strategy trading indices.
Trade safe guys.
More time in the market, does not mean you trade better!