It does not look like a wyckoff Distribution/Re-accumulation at all, imho. Instead an order flow shift in mini structure, with which the internal structure suggests 2627 insight. The external upward structure remains bulllish. Even upward Swing ...

Gold

Lower external currency value is more lucrative and healthy to an economy than higher currency value. It contributes more to export, hence aggregate demand, gdp and employment. Too cheap not good also.

Cable Update (GBPUSD)

Agreed. Economists are not traders. Their Opinions are just another opinion, as their forecasting models comes with a lot of assumption. Yesterday, we saw how unemployment claims took over the CPI. A freaking weekly data outweighs a fooking CPI. My ...

Gold

All of this, for just 1 trade.

Cable Update (GBPUSD)

$5-7 SL seems decent, enable the trade to breath while you still on the trade. But what about the avg RR for the past 100 trades? We dont only trade because we need to,but our goal is to compound. And for compounding to take place the right mix of ...

Gold

Yup, me too, got stopped out at least 3 times on my longs But my way of partial take profit, always cover at least 70-120% of my risk. Do it this way, because Gold is way too manipulative. Trading gold can be done 2 way imho: Tight SL with the ...

Gold

Hi bud, long time no see. Day trade Indeed the probability sided with 2704 range for today. Swing trade Chances are high that today nfp will print this swing high(max 127% of the previous pullback 2685-27)-depending of the 4hr close post NFP, then ...

Gold

Hidden

Cable Update (GBPUSD)

Trading the fact vs trading the guessing. You decide which one you want to trade. As you are the one who will trigger your order, and the outcome will be one you and you alone. This is why, teaching someone to catch the fish is more important than ...

Gold

if you have a setup on your side indicating that the probability we are going up is high, then why not?

Gold

i was wondering if we could see 2696 today?

Gold

Idk bout ya, i still cry, but i just image after.

Gold

Yes, we come to what we have today after of years of trying, failing, crying while gaining the experience. But as someone who just started, the first thing that comes up about trading, is the study of candlestick. What we learn at the start, is a ...

Gold

US500 2 bearish candlesick, yet it keep image Structure beats candlestick like 9 times out of 10. Works in all timeframe, and majority of instrument, incl gold

Gold

And liquidity injection. Finally someone in gold thread that are up to date with the things that actually pushing price. Not because of some indicators.

Gold

They just want to burn us. Because they saw, even when our labelling is sometime incorrect, we were positioned on the right side of the market, which already gives us a positive market expectation. They hate it, because idk, may be their system ...

Coreg's EW+HP+D/W Range

Agreed sir. Either way, corrective 2 is simple, then 4 tends to be a shitty one. But whether 4 or A, profit is print when we are on the move down "I often marked the SH/SL using guidelines" Best advise is this. When we are already at 100%+ of ...

Coreg's EW+HP+D/W Range

I have different Gold labelling Your A is my {4} image My 4 ends at 38.2% of ext. 3 (extension 3 which exceeds 162% of 1 but less than 262%). While end of 5, both fractals and minimum Fib. extension (based on 0-ext.3) are met. Market reverse from ...

Coreg's EW+HP+D/W Range

Nobody knows that tbh. But it happens when we least expect it. If you take a quick look at nas100 and spx500, you will also be the characteristic of the recent uptrend just before the retracement. Its a pattern repeat itself. Smae goes might go with ...

Gold

Mr headland, majority of folks that are trading anything greater than weekly tf are the 0.01 lot traders even after 10years of trading. They open 0.01lot hold 200pips drawdown then close for 600pips drawup. Then they claim they call for a 600pip ...

Cable Update (GBPUSD)