I am so expecting this fall... All parameters set.

Gold (XAU/USD) with BiteFX

The way I do it is... 1. When I am expecting buy reversal but entered a sell, I will quickly close the sell position and join the buy. 2. If I was expecting a buy reversal and I have entered when a sell started, I will leave SL to decide the trade ...

Gold (XAU/USD) with BiteFX

If bears are really serious, they may visit 2877 again.

Gold (XAU/USD) with BiteFX

This already looking like last week Friday's drop. But a very wicked drop it is I presume.

Gold (XAU/USD) with BiteFX

Valid sell Reversal... Buy continuation hit SL already.

Gold (XAU/USD) with BiteFX

Upward movement is set to continue... We have joined.

Gold (XAU/USD) with BiteFX

Basic market structure of CHOCH signals reversal. And we do it the way explained earlier on the thread.

Gold (XAU/USD) with BiteFX

A significant high is broken, it will retest and continue higher. Basic market structure.

Gold (XAU/USD) with BiteFX

Technically. Trend is up I know. And either way, I am positioned to make money. The fall of last Friday how big was the correction that led to the fall? Once I see the parameters for an entry, I set the trade and forget about it. Now, the market is ...

Gold (XAU/USD) with BiteFX

I am expecting a sell reversal from that high. So the current highest high on the chart is my SL. If that is breached, then I will find a buy entry position.

Gold (XAU/USD) with BiteFX

If market continues up, we will find an entry point, and join the movement.

Gold (XAU/USD) with BiteFX

Other indis show signs of potential sell reversal. We are waiting for cloud.

Gold (XAU/USD) with BiteFX

We have bearish CHOCH from BOS at 2933.35 and 2931.05 respectively. 2934.90 is bullish CHOCH. Telling us that market will make new ATH again. But wait for sell to finish up what it started. Let's see what confirmations the cloud and momentum will ...

Gold (XAU/USD) with BiteFX

Those are the levels where you are likely to put your SLs when you are buying. The blue candles on the left and right of those red candles makes the formation our typical BOS. If you drop down to lower TFs you will see for yourself. Now, when a bear ...

Gold (XAU/USD) with BiteFX

These closes are also known as liquidity/stop hunt levels.

Gold (XAU/USD) with BiteFX

CHOCH is change of character. I use one H1 TF candle to represent bullish movement and bearish movement respectively. Say Blue and Red. Find a set up like that image I shared on your H1 TF chart. Next, plot a horizontal line at it's close (the ...

Gold (XAU/USD) with BiteFX

Some say resistance, others say supply zone, some more say order block. S$ LO taken first, let's wait for market to play out the probability.

Gold (XAU/USD) with BiteFX

Thank you too much for your kind words. I am glad I am able to help someone make some extra money trading.

Gold (XAU/USD) with BiteFX

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Gold (XAU/USD) with BiteFX

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Gold (XAU/USD) with BiteFX