D1 Elasticity Pullback Trading

This week if price starts to make the turn I will be waitin for those spots. If you see WL3 WH3 WSI WR1 and pwh pwl matching Qs are important spots. Markets has a special taste fot those places to start some action. Of course there will be a lot more of opportunities through the dailies durin the week at certain session times, news etc. Week start with an open and then first thing to notice is if price walks below open or goes above then what its above for the week, where are the next qmid or q matchin what.Fibo, Dailies around and etc etc etc

Anyway its holiday time so probably market will be slow . Dont care cause a fisherman waits stand at position the fish to come to his net. He does not run to the fish. The fish goes to him.

Nice ride
up. Takin a bite at ext but with the eye higher up on WR2 WH5

Bought Dr3 alll the way up to WH5. The Q a bit upper let see if this week gets touched. Not bad move for a Chritsmas week. Gold always has surprises

I took the lessons I learned from the weekend and got in here also a little later than you. Runner got stopped at breakeven and off it went again

Took another bit of profit off this basic price action trade, zone break and a reaction from the 21ema. This type of trading has made me profitable with around an 80% 1R accuracy over Q4, but high quality trades a lot of the time do not come everyday and when they do they come around once in the day. I’m here to take it to the next level. I’m trading randomness with an edge right now, I sense you guys know a lot of shit I don’t

(M30 Zone Break & M5 entry + the strong daily candle was a key factor)

again stops wiped out before the move up

Probably not the greatest fibs but some of them across different timeframes matched up with WH5

the projection of the flag match nicely with the spot

Attempted one last shot form wr2 but the buy limit come within a few pips before it left. Nice stop hunt & wick zone in there

Keep an eye on QH5 some D1 projection up there too

Took my 10 pips from both sides

Stops @ b/e too prematurely I think on this one

Ouch I see exactly what you mean now about getting in at the right spots now though after the stop hunt ghbdr. Got in @ a lot of the good spots today & even had multiple positions run a lot of pips in profits without drawdown, looking forward to sharing my improvements in here and some day knowing enough shit to pass some knowledge on.

I’m practicing this with demo money in Asia (this is 3 trades) anyway I fucked up using the M1 timeframe for my entry. DH3 and Fib Extension trade on the sells, I think it was a weekly level for buys. I wasn’t patient and a little bit over confident, I rushed into the markets with shitty M1 stop hunts against strong higher timeframes, also adjusted stops 20 pips. I feel like a beginner again trying to learn this new method but I’ll get there, I know what worked throughout London and New York yesterday and what definitely didn’t in Asia tonight

D1 projection at QH5. WR3

stop hunt

sellin the top. The H8 candle showed the area 8 hours before. Sellin that wicky area is always the way to go if price reach there. The through it thing with the Q in front. Watch the clock for that kind of setups.A lot of this has been discussed by Digger before

more sells at wicks

addin