Danja

Danja Trading Strategy and
Public trading diary

I´ll try to share with you on a daily basis my trades, and how I see the market.
I only trade Gold (XAU/USD), it´s geopolitical implications and history makes it fascinating for me.
I do scalping using 1m timeframe but I do a multi timeframe analysis to know where the ocean is going.
Trading is my passion and I´ve found it is the most challenging thing I´ve ever done in my life.
As many of you have experience I have had times when I felt everything was so easy, and sometimes that everything was going bad.
Probably I´ll share my personal routine that helps me maintain a healthy mindset despite the difficulties we can find doing this business.

I share with you how my screens look and overtime I´ll try to explain why I use them, the general approach of everyday trading and the specifics,
but in a nutshell I do a top down analysis from Daily to 1m timeframe, to be able to scalp with confidence.

Saturday or sunday habit to preview next week opportunities

On saturdays or sundays I do a little preview of the next week calendar to see the days with relevant news to be prepare for the good volatility days.

I also check the market structure on a graph using Tradingview

I check my 4h graphic, here I see if the price is trending or consolidating, also I check if last week was overbought or oversold.

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On the market structure analysis we can see that last week we reached and all time high in gold, this was followed by a drop of +/- 650 pips
I think price needs to continue doing a pullback probably to the next fib levels if it´s going to continue it´s uptrend.

On the 4h time frame we can see red HA candles between the 4h cloud, grey background means the price it´s consolidating, If the background manages
to turn red we are going to test last week low.

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Observations: Gold is overbought but the geopolitical atmosphere and the FED policy keeps pushing it higher, the situation in Russia with the Crocus City Hall attack has the potential to create a gap when the market opens on sunday.

Next week I will be looking for sells but in a very cautious manner.

As soon as I get into positions next week I´ll explain the thinking process and the strategy using the 15m, 5m and 1m graphs.

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Marea, Ola, Onda and Scalper

All my screens with their corresponding clouds in solid colors to make it clearer for you, now days Im using interrupting lines to fill those clouds, I change
from time to time how I see the same things, not sure if there is benefit on that
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