REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return:
27.5%
- #33,265
- May 26, 2024 4:58am May 26, 2024 4:58am
Bears have been successfully domesticated by the market: Pushed out, pushed into hedges, or even worse, converted/converting to long near HHs. Many can't even imagine a drop below 2000 anymore. They are looking to counter the markets on it's way down.
Bulls will just add to their losers, even if they just hold on to their initial entry.
Look past ordinary TA. The naked chart explains a lot if you ask yourself the correct questions.
Bulls will just add to their losers, even if they just hold on to their initial entry.
Look past ordinary TA. The naked chart explains a lot if you ask yourself the correct questions.
ma ma make me happy
- #33,274
- May 26, 2024 7:19pm May 26, 2024 7:19pm
Hi guys, wanna share a little bit of my prediction/analysis on XAUUSD today.
From Weekly Chart, I know that there will be 2 target for me this week.
Scroll down into the Daily chart, there is some checklist for me to do first before taking position to my target.
For the bearish bias (a.k.a scenario 1), my checklist is: 
For the bullish bias (scenario 2), my checklist is:
From Weekly Chart, I know that there will be 2 target for me this week.
Scroll down into the Daily chart, there is some checklist for me to do first before taking position to my target.
- price need to tap into fvg first (if it tapped iFVG too, it will make it more higher on probability)
- we take some of liquidity (if price tap into fvg, it means we take liquidity above Friday's high already)
- then, scroll down into lower timeframe (maybe H1, M15, or even M5) to see if there is some sign of reversal
- only enter if we are in the right time (London or NY open)
- Minimum 2R (last week low) and targeting 5R
For the bullish bias (scenario 2), my checklist is:
- price need to tap into fvg first (it already in fvg btw, so checklist) ✓
- and this fvg act as support and resistance too before, so it has more probability
- we need to take some of liquidity (I think today's low or last weekly low can be our liquidity)
- then, scroll down into lower timeframe (maybe H1, M15, or even M5) to see if there is some sign of reversal
- only enter if we are in the right time (London or NY open)
- Minimum 2R (thursday high) and targeting 5R
Let's see if one of this checklist criteria will play out or not this week.
- #33,276
- May 26, 2024 8:22pm May 26, 2024 8:22pm
Hi guys, wanna share a little bit of my prediction/analysis on XAUUSD today. From Weekly Chart, I know that there will be 2 target for me this week. {image} Scroll down into the Daily chart, there is some checklist for me to do first before taking position to my target. {image}For the bearish bias (a.k.a scenario 1), my checklist is: price need to tap into fvg first (if it tapped iFVG too, it will make it more higher on probability) we take some of liquidity (if price tap into fvg, it means we take liquidity above Friday's high already) then, scroll...
Why you mark BoS there
, Is it valid BoS when the Candle not close above the candle wick Stay low, Go fast - No luck, All skill
- #33,277
- May 26, 2024 10:31pm May 26, 2024 10:31pm
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
- #33,278
- May 26, 2024 10:49pm May 26, 2024 10:49pm
{quote} Hi there, good day. Why you mark BoS there
It can be a manipulation and taking out all Buyside Liquidity and then move into the next target on the first scenario or it can be a Break of Structure and then price just making a pullback right now and then move back into that high as a target on the second scenario.
People that have rules where wick is not counted as a BoS will say that is manipulation and choose the first scenario. People that have rules where a "wick" still count as a BoS will follow the second scenario. For me, that two scenario can happen in a same probability right now.
At the end, there is no exact rules that stated BoS is only valid when the candle is close above and at the end, it is myself who make my own rules for a valid BoS.
