Who has been smashing it today? Nova has been smashing it during this period. M15 crossed and then you could have just hammered nova Price is currently trying to break past the 78.6 fib level from H4 {image}
Its all just one persons opinion
- #1,581
- Jul 27, 2025 2:31am Jul 27, 2025 2:31am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
- #1,583
- Jul 28, 2025 2:57am Jul 28, 2025 2:57am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
{quote} closed all via TP set at ADR. happy with that. rinse and repeat next week, have longer term bias for more short. {image}
Its all just one persons opinion
- #1,584
- Jul 28, 2025 8:29pm Jul 28, 2025 8:29pm
- Joined Aug 2017 | Status: Trader | 3,293 Posts
{quote} Gold {image}Short on M2.
Its all just one persons opinion
- #1,587
- Jul 29, 2025 1:17am Jul 29, 2025 1:17am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
Is it still bullish @ H4? {image}
Its all just one persons opinion
- #1,588
- Jul 29, 2025 1:23am Jul 29, 2025 1:23am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
H1 bear flag.
Its all just one persons opinion
- #1,589
- Edited 11:26am Jul 29, 2025 11:03am | Edited 11:26am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
Educational post:
Someone asked me what I look for in the simplest way and I put some of it together into 1 chart to see...
The current time is during low volume hours so I don't like to trade now.
However, my view today was that price was going to head lower but it failed.. where to? in NY session I wanted to see price head towards london low and then yesterdays low. It almost hit london low but then reversed (RED ARROW)
Price rallied back up to the london high and swept it.
On H4 it is turning bearish so my bias was bearish.
Looking at the below chart you can see what I'm looking for and also using nova to spot the difference in volume.
I do use previous day and week levels so not long ago price swept the london high and broke and retested last weeks low where there could have been an entry opportunity.
I'd have preferred this to happen earlier so I haven't entered but this is how I frame my trades generally.
Fib levels also help but this chart is to be minimalistic.
The below marked trade is for 7.8RR and already hit 2R. So you could have taken partials and then let price do it's thing.
This is all from the idea of price going from 1 liquidity pool to another. Sweep of london so target london low.
Not saying it WILL happen but it's a trading idea.
EDIT: Once you know where you are looking for price to head towards, that's when you can start using nova also to enter positions towards the next poi.
Someone asked me what I look for in the simplest way and I put some of it together into 1 chart to see...
The current time is during low volume hours so I don't like to trade now.
However, my view today was that price was going to head lower but it failed.. where to? in NY session I wanted to see price head towards london low and then yesterdays low. It almost hit london low but then reversed (RED ARROW)
Price rallied back up to the london high and swept it.
On H4 it is turning bearish so my bias was bearish.
Looking at the below chart you can see what I'm looking for and also using nova to spot the difference in volume.
I do use previous day and week levels so not long ago price swept the london high and broke and retested last weeks low where there could have been an entry opportunity.
I'd have preferred this to happen earlier so I haven't entered but this is how I frame my trades generally.
Fib levels also help but this chart is to be minimalistic.
The below marked trade is for 7.8RR and already hit 2R. So you could have taken partials and then let price do it's thing.
This is all from the idea of price going from 1 liquidity pool to another. Sweep of london so target london low.
Not saying it WILL happen but it's a trading idea.
EDIT: Once you know where you are looking for price to head towards, that's when you can start using nova also to enter positions towards the next poi.
You can lead a horse to water, but you can't make it drink
- #1,590
- Jul 30, 2025 3:36am Jul 30, 2025 3:36am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
You can lead a horse to water, but you can't make it drink
- #1,591
- Jul 30, 2025 3:39am Jul 30, 2025 3:39am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
Its all just one persons opinion
- #1,592
- Jul 30, 2025 3:46am Jul 30, 2025 3:46am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
{quote} absolutely agree
Who knows, can't really have 'feelings' as it'll do what it wants lol.. Just have to be patient and let price do it's thing
You can lead a horse to water, but you can't make it drink
- #1,593
- Jul 30, 2025 3:51am Jul 30, 2025 3:51am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
{quote} Doesn't help having the red folder news for it to happen in London. I have a feeling we'll just range till NY and then take out the high after the news. Who knows, can't really have 'feelings' as it'll do what it wants lol.. Just have to be patient and let price do it's thing
Time to sit on hands....not my favorite position.
Its all just one persons opinion
- #1,594
- Edited 4:17am Jul 30, 2025 4:04am | Edited 4:17am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
{quote} and its end of month....so i think there will be hold off until news is done then maybe a little sell of ...profit taking and rebalancing. Time to sit on hands....not my favorite position.
M15 is looking pretty now... all those wicks to raid
You can lead a horse to water, but you can't make it drink
- #1,595
- Jul 30, 2025 4:17am Jul 30, 2025 4:17am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
If H4 is to stay bearish and we look at the weekly candle then we'd be in the wick part of it right now.
Food for thought
Food for thought
You can lead a horse to water, but you can't make it drink
- #1,596
- Jul 30, 2025 4:17am Jul 30, 2025 4:17am
- Joined Aug 2017 | Status: Trader | 3,293 Posts
{quote} Yup and I'm sure we can all see the setup now he he he. M15 is looking pretty now... all those wicks to raid
Its all just one persons opinion
- #1,598
- Jul 30, 2025 6:38am Jul 30, 2025 6:38am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
Asia high was wicked but we still have yesterdays high that hasn't been raided yet.
The move following asia being wicked is probably to turn the impatient traders into liquidity as when the news hits we may get the sweep and then price drops.
Hopefully we then get a nova setup and we can start to trade towards the lows
Yes, price could actually break out higher... the market does what it wants and in that case I'll wait to see if we re-align with the H4 bearish bias.
Just have to be prepared and wait... yawn.
I won't be trading until after 2PM GMT time when things clear up.
The move following asia being wicked is probably to turn the impatient traders into liquidity as when the news hits we may get the sweep and then price drops.
Hopefully we then get a nova setup and we can start to trade towards the lows
Yes, price could actually break out higher... the market does what it wants and in that case I'll wait to see if we re-align with the H4 bearish bias.
Just have to be prepared and wait... yawn.
I won't be trading until after 2PM GMT time when things clear up.
You can lead a horse to water, but you can't make it drink
