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  • #54,921
  • Dec 6, 2024 4:52am Dec 6, 2024 4:52am
I may have to change my schedule and trade US session and the Asian session because the London session has been this garbage. I mean we get this dribble crap, the only things that offer anything quick are reversals...
  • #54,922
  • Dec 6, 2024 4:54am Dec 6, 2024 4:54am
Quoting Azen
{quote} Thanks for your reply. I am not new to this market and explored a lot from fundamentals, sentiment, technicals, you name it. I've been lurking in this site for how many years and only created a new account because I knew someone who traded just like me, using auction market theory and volatility areas as methods to bypass all those other types of analysis and is much more faster and reliable, the "just join the big boys method". I know you and your background. Anyways, I am always asking a genuine question but as always people will answer...
Interesting perspective! Most of the advice being shared around are indeed the quotes by trading maestros but those are not the solutions you would be looking for. Your approach with auction market theories and volatility looks like coming from a direct understanding of the market. The key for me has been cutting through the noise and striking when my gut says so.
  • #54,923
  • Dec 6, 2024 4:55am Dec 6, 2024 4:55am
Gold Buy 2635
Sl 2630
Tp1 2640
Tp2 2645
Success is not final, failure is not fatal... - Winston Churchill
  • #54,924
  • Dec 6, 2024 5:03am Dec 6, 2024 5:03am
Quoting saal
Gold Buy 2635 Sl 2630 Tp1 2640 Tp2 2645
you make me confident to add in SELL.Tq
Telegram orderflowbuddy
  • #54,925
  • Dec 6, 2024 5:15am Dec 6, 2024 5:15am
Quoting Elliottway
{quote} can you explain the next 4H retest wick part. it will help me to approach the market better than before. thanks
Since i wake up that i am saying that 2634 had to BE tested. In this case when a supply in 1h coincide with the Open off a new 4h candle it also should BE test. That example de SL should have been at the high. Not like he did. Its went well but could went wrong. I prefer more space in SL because on the high beeing hit i probably where wrong on the setup
  • #54,926
  • Dec 6, 2024 5:23am Dec 6, 2024 5:23am
what is this 12K previous NFP? not too low?
  • #54,927
  • Dec 6, 2024 5:26am Dec 6, 2024 5:26am
Quoting ghussain
{quote} agreed, there is choch on h4 bearish side, but h4 supply zone is 2705-2716 if h4 work the easiest target is 2580, not the 2630, {image} more over h1 is also bearish side, with a easy target of 2585, lets c what happen, i written only , which i saw on chart, maybe totally wrong. {image} {image} at the moment only 5 min & 15 min are bullish 15 min choch is also very close, can be break any time {image}
Yes, but i was talking the minimun... From now on i have the Runner breakeven at the high and see if is possible Ride a bearish NFP with it. Everyday i BE happy with 1% what comes Next is welcome.
  • #54,928
  • Dec 6, 2024 5:27am Dec 6, 2024 5:27am
Quoting BiteFX
{quote} It is all of them Buddy... They are like the foot print of price.
sometimes a simple tweak can be so great ..
Candlesticks dont move markets, Volume does
  • #54,929
  • Dec 6, 2024 5:35am Dec 6, 2024 5:35am
Quoting Deal
{quote} Since i wake up that i am saying that 2634 had to BE tested. In this case when a supply in 1h coincide with the Open off a new 4h candle it also should BE test. That example de SL should have been at the high. Not like he did. Its went well but could went wrong. I prefer more space in SL because on the high beeing hit i probably where wrong on the setup
I see your point. It sounds like you're saying that 2634 is a key level that should be tested, especially when a 1-hour supply zone coincides with the open of a new 4hour candle. I agree that this kind of alignment often signals a more significant level that may require a test before any major price action. As for the stop loss placement, I understand your preference for setting it at the high rather than closer to the entry. Giving more space for the SL makes sense, as it helps reduce the likelihood of being prematurely stopped out due to normal price fluctuations. If the high is hit, it likely means the setup was invalidated, and you're more comfortable exiting, knowing the market is not behaving as expected. This approach ensures you're managing risk in a way that aligns with the structure of the market, allowing for a better risk/reward ratio overall.
SURFER
  • #54,930
  • Dec 6, 2024 5:36am Dec 6, 2024 5:36am
Quoting Praetorion
{quote} sometimes a simple tweak can be so great ..
That's the trick...
Learn... Work Hard... Trade Alone
  • #54,931
  • Dec 6, 2024 5:36am Dec 6, 2024 5:36am
Now, the test off 1h trendline above coincide with a 4h supply. Is really a point of interest.
Wich SIDE NFP Will take?
Caution because it have 3 toutches and depending of the volume it could happen a breakout to the upside. And we Will have that volume on about 2 hours.
  • #54,932
  • Dec 6, 2024 5:37am Dec 6, 2024 5:37am
My Daily Pivots (ahead of NFP data)
Attached Image (click to enlarge)
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  • #54,933
  • Dec 6, 2024 5:46am Dec 6, 2024 5:46am
Quoting Elliottway
{quote} I see your point. It sounds like you're saying that 2634 is a key level that should be tested, especially when a 1-hour supply zone coincides with the open of a new 4hour candle. I agree that this kind of alignment often signals a more significant level that may require a test before any major price action. As for the stop loss placement, I understand your preference for setting it at the high rather than closer to the entry. Giving more space for the SL makes sense, as it helps reduce the likelihood of being prematurely stopped out due...
And that 1h supply in fact ends broken. Some people call it crt and in the 1h it was complete. Then the supply tested and failed. Prevale 1 CRT on the 4h to complete the test on 2634. Buy the way i use NY time for my candles. Some brokers print other stuff.
  • #54,934
  • Dec 6, 2024 5:48am Dec 6, 2024 5:48am
Attached Image (click to enlarge)
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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #54,935
  • Dec 6, 2024 5:52am Dec 6, 2024 5:52am
Levels I am watching...When the news is released, I will see it's movement on the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20241206-124917.png Size: 16 KB
Learn... Work Hard... Trade Alone
  • #54,936
  • Dec 6, 2024 5:58am Dec 6, 2024 5:58am
Quoting Lloyd628
{image}
lmaooooo
  • #54,937
  • Dec 6, 2024 6:02am Dec 6, 2024 6:02am
Quoting Lloyd628
{image}
you mean triple top ..not H&S
Candlesticks dont move markets, Volume does
  • #54,938
  • Dec 6, 2024 6:06am Dec 6, 2024 6:06am
Quoting Praetorion
{quote} you mean triple top ..not H&S
Your suggestion sounds cool to me. Thx.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #54,939
  • Dec 6, 2024 6:06am Dec 6, 2024 6:06am
Quoting BiteFX
Levels I am watching...When the news is released, I will see it's movement on the chart. {image}
You read my mind
Nothing’s permanent…..
  • #54,940
  • Dec 6, 2024 6:22am Dec 6, 2024 6:22am
Quoting John4y
My Daily Pivots (ahead of NFP data) {image}
Hey, where did you get this?
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