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  • #56,921
  • Dec 19, 2024 8:28am Dec 19, 2024 8:28am
Start Buy 2592
Holy Betting Grail strategy
  • #56,922
  • Dec 19, 2024 9:02am Dec 19, 2024 9:02am
Quoting vankiepsauff
swing short 2609 , 30 lots
move sl to be
vankiepsauff@gmail
  • #56,923
  • Edited 9:57am Dec 19, 2024 9:29am | Edited 9:57am
We are rejecting in 4H the same demand that hold FOMC. Caution to sellers!

Possible retest on 2603


At 4H we are in price range of 2585.560 / 2627.940

Edit: 2596.435 high, high probability to be hit!
  • #56,924
  • Edited 10:15am Dec 19, 2024 9:58am | Edited 10:15am
Quoting PushnPull
On weekly and daily timeframes I spot the next support levels ~2593. So change of plan, I might seek for Santa rally after FOMC. If it didn't, I would enjoy new year holidays.
So far ~2593 has been quite a bounce but then markets took back all of that. It can still bounce from here but I don't expect anywhere higher than today's Asia high. The force is strong on bears side

On fundamental and sentiment after FOMC, USD strong definitely. As I said on recent post before FOMC, we should care about FED projection on 2025, then you see they probably just cut 2 times in 2025, compared to 4 cuts which was projected in September Dot-plot. If that didn't hawkish on USD then I don't see what to trade at all. Keep selling high is the my main focus now.(Until seasonal factor step in and markets temporarily puts FOMC aside). With that in mind, I would put nearest low on daily, ~2536 to be a possible target.
  • #56,925
  • Edited 10:16am Dec 19, 2024 10:03am | Edited 10:16am
The sell area at 2596-8 has already been reached. Let's continue to push further south.

If any break above this level. 2603-7 resistance.
SURFER
  • #56,926
  • Dec 19, 2024 10:17am Dec 19, 2024 10:17am
Quoting Elliottway
The sell area at 2596-8 has already been reached. Let's continue to push further south.
Price must break 2585.560 in a 4H TF, retested and rejected to move to 2565.395, until then we are in price range that i mention before.
2625 is still a valid price to bullish. See how much time it was tested in the old price range...
Don't be surprise it will go tested again!

And caution with the closes, can be only a swipe of liquidity.
The usual the yesterday daily low should be taken out, but could be a trap.
  • #56,927
  • Dec 19, 2024 10:18am Dec 19, 2024 10:18am
Quoting Fadhl
{quote} If the direction is long. Price must close above 2721 at Daily TF (here I mean the body of the daily candle). Otherwise, price will go down to 2567-2536. {image} For my intraday position, Moved STP to BE. {image}
On Dec. 11th when price was unable to close above 2721...
Crumbles left to reach that area!
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2024-12-19_13-15-43.png Size: 43 KB
  • #56,928
  • Dec 19, 2024 10:39am Dec 19, 2024 10:39am
2596.430 hit, lets go to second 2603.385
if not 2633... Hit this Tp is backing to the old range... It means indecision.
Really i don't buy this bearish sentiment...
But we will see.
  • #56,929
  • Dec 19, 2024 10:40am Dec 19, 2024 10:40am
Quoting fxcontest
Start Buy 2592
You are right. I will wait for last tp
SURFER
  • #56,930
  • Dec 19, 2024 10:43am Dec 19, 2024 10:43am
Quoting Elliottway
The sell area at 2596-8 has already been reached. Let's continue to push further south. If any break above this level. 2603-7 resistance.
im staying calm
  • #56,931
  • Dec 19, 2024 11:00am Dec 19, 2024 11:00am
1H closing above 2600.880, i really believe this FOMC was an autentic bullshit...
Today daily high will be taken!
  • #56,932
  • Dec 19, 2024 11:31am Dec 19, 2024 11:31am
2600 looks a tough nut to crack for LDN and NY today, let’s see what happens next…
  • #56,933
  • Dec 19, 2024 11:38am Dec 19, 2024 11:38am
Quoting Deal
1H closing above 2600.880, i really believe this FOMC was an autentic bullshit... Today daily high will be taken!
As I mentioned earlier, the FOMC is misleading and can be considered a trap. My volume analysis has confirmed this, and it's clear that the current situation is not what it appears. It's okay, though, I'm confident in my findings.
SURFER
  • #56,934
  • Dec 19, 2024 11:38am Dec 19, 2024 11:38am
2603.385 really don't need to be hit, daily make is job and higher TF rules... Is possible but not high probability.
But keep in mind that if 1H closes above 2600.880 is most likely to hit yesterday daily high....
Probably engage in 2592.535...
Only believe bearish sentiment after FOMC close below 2585.560 and tested and rejected....
Who here believe in news, don't take this advise...
I am a price action trader, no candlesticks, many people confuse both...
  • #56,935
  • Dec 19, 2024 11:48am Dec 19, 2024 11:48am
They often confuse traders by changing the retracements or extensions. But I won't give up easily. If they change the patterns, I can usually spot it. If I miss something, I'll learn from it and do better next time.
SURFER
  • #56,936
  • Dec 19, 2024 11:58am Dec 19, 2024 11:58am
2600 the current resistance area. Maybe a break above before close to end the day above pivot?
Insane in the Brain..
  • #56,937
  • Dec 19, 2024 12:01pm Dec 19, 2024 12:01pm
Quoting Elliottway
They often confuse traders by changing the retracements or extensions. But I won't give up easily. If they change the patterns, I can usually spot it. If I miss something, I'll learn from it and do better next time.
I understand your point of view, and said before that usual yesterday daily low should be taken out. And i repeat usual...
Nobody are right all the time, not even Eliott...
I am giving options in price action for both sides.
Normally i say that the new day start i am both bias... I am not wrong on this am i?
Every new day tell a story , tradind day by day is when we get consistent.
I am not a fan of market beeing fractal either...
You see the called break of structure and in fact was only a swipe of liquidity. Anyone has the answer for this?
We never know right?
The two options need to be available in a new day... Buy or sell!
  • #56,938
  • Dec 19, 2024 12:16pm Dec 19, 2024 12:16pm
Quoting BeeTogether
Highs of the day seen possible of the week too. Back in tomorrow now hoping to see 2610.
You might already be familiar with this game, or perhaps you've heard of it before.
SURFER
  • #56,939
  • Dec 19, 2024 12:18pm Dec 19, 2024 12:18pm
I'm going to give a tip...
The only fractal thing in every market is between 2 Time frames... The highest and the lower... More than that people don't know what are doing or talking about!
And every break means 3 shots one kill maximun....
We could be manipulate twice, not third time...
But this is me... Don't fomo and i am wrong a lot...
  • #56,940
  • Dec 19, 2024 12:29pm Dec 19, 2024 12:29pm
Quoting Deal
I'm going to give a tip... The only fractal thing in every market is between 2 Time frames... The highest and the lower... More than that people don't know what are doing or talking about! And every break means 3 shots one kill maximun.... We could be manipulate twice, not third time... But this is me... Don't fomo and i am wrong a lot...
like today 2625 and 2612 below manipulation. But, 3 shots 1 kill. Need an explanation

If am not wrong. 3 after 1 pullback on every break.

Might be divergence = kill shot
SURFER
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