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  • #57,221
  • Dec 23, 2024 10:25am Dec 23, 2024 10:25am
Quoting pipHunter2
{image}
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Stay Under my dealer's RADAR
  • #57,222
  • Dec 23, 2024 10:26am Dec 23, 2024 10:26am
Quoting Elliottway
{quote} I plan to buy at the bottom of the range, with a target above 2605, while also setting a stop loss to limit potential losses. I hope my analysis proves correct, and I’m eager to see how it plays out.
I think 2608 could be a strong support level because of the current price pattern. The way the price is moving suggests this level might help the market bounce back or reverse.
SURFER
  • #57,223
  • Dec 23, 2024 10:32am Dec 23, 2024 10:32am
Quoting Tradersview-
{quote} Buy 2608-2600 Sl 2594
Quick scalp,bigger profits,my investor password in telegram,check profile
Price above 2619,can buy to 2654
  • #57,224
  • Dec 23, 2024 10:41am Dec 23, 2024 10:41am
Quoting Elliottway
{quote}I think 2608 could be a strong support level because of the current price pattern. The way the price is moving suggests this level might help the market bounce back or reverse.
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  • #57,225
  • Dec 23, 2024 10:54am Dec 23, 2024 10:54am
Quoting Elliottway
{quote}I think 2608 could be a strong support level because of the current price pattern. The way the price is moving suggests this level might help the market bounce back or reverse.
4 Hour open of the candle that close inside the Breaker tested.
And yes it can.
Can at least test 2620 that became Supply
  • #57,226
  • Dec 23, 2024 10:57am Dec 23, 2024 10:57am
Quoting Deal
{quote} 4 Hour open of the candle that close inside the Breaker tested. And yes it can. Can at least test 2620 that became Supply
It looks like sellers are holding on, trying to sell at the 2619 and 2627 levels. These levels are stopping them from making a move, and if the price breaks above these levels, they could be caught on the wrong side of the trade. Similarly, if the trend turns downward, buyers could also be at risk. In this case, sellers might get trapped as the market moves against them.
SURFER
  • #57,227
  • Dec 23, 2024 11:09am Dec 23, 2024 11:09am
Quoting PatienceFx
nobody read my post and got stuck {image}
which indicator or tools do you use on chart? That gives you sell entry on both red numbers and buy entry for both green numbers?
  • #57,228
  • Dec 23, 2024 11:19am Dec 23, 2024 11:19am
Quoting Elliottway
{quote}It looks like sellers are holding on, trying to sell at the 2619 and 2627 levels. These levels are stopping them from making a move, and if the price breaks above these levels, they could be caught on the wrong side of the trade. Similarly, if the trend turns downward, buyers could also be at risk. In this case, sellers might get trapped as the market moves against them.
The question is what to follow...
I can not see another bias on Monthly if not Bullish, but in the opposite Daily is bearish and weekly also bearish.
I go day by day with sentiment bearish without ignore bullish patterns but with caution reducing my risk.
To engage a little more in bullish i woul like to see 4H close above 2633.910, keeping in mind The Supply with confluence with volume in the zone 2646/2652.
The 4 hour doesn't fully break a swing to the upside and the same to the downside.
So no Bias to 4 Hour also.
We should end the month inside this price range.
That means Monthly could not close above 2634.960, closing inside of a new range and bears are keeping is momentum even on Monthly.
  • #57,229
  • Dec 23, 2024 11:40am Dec 23, 2024 11:40am
Quoting Elliottway
{quote}It looks like sellers are holding on, trying to sell at the 2619 and 2627 levels. These levels are stopping them from making a move, and if the price breaks above these levels, they could be caught on the wrong side of the trade. Similarly, if the trend turns downward, buyers could also be at risk. In this case, sellers might get trapped as the market moves against them.
Resuming with another pattern...
weekly is trying reach 2567.130, 2578.790 at least and as long as weekly don't close below the big boy is bullish.
  • #57,230
  • Dec 23, 2024 11:50am Dec 23, 2024 11:50am
Quoting Elliottway
{quote} Sure, Please share some specific times or situations where you notice these manipulations happening, and how they show up on charts from 1-minute to 1-hour. This will help me better understand the patterns you're talking about.
These are the times when prices get manipulated . notice the volume during 830 am that pumped making everybody chasing Money .. well they ended getting added with a letter K to the word where money turned monkey .. .. that happened during the CME session that kicks in and dumps price hard notice the red candle.. apart from this price also reacts to DIBS timings which happens during 600 GMT which closely aligns with NY Midnight. these are the three to 4 times in a day where price gets manipulated by the institutional liquidity. of course the ones who follow 1hr and 4hr don't get caught with this.

lets take the example of the dump in interest rates during last week. think that was unplanned, well think again .. price never took the liquidity out of London and neither did US session take it out. though you see huge movement during US open .. at 830 am (the Green and Red Candles). what was happening is they were taking premiums in that zone. why i say that ? see the previous daily open price opens lower to the previous day.. a greater confluence you will continue lower the next day .. this pattern repeats on and on and on .. it will take a bit of time to train your eye to it .. but with Elliot theory .. you can milk this cow like there's no tomorrow ..
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Candlesticks dont move markets, Volume does
  • #57,231
  • Dec 23, 2024 12:03pm Dec 23, 2024 12:03pm
I think the white support zone was badly draw, should have take into account the big wick of the opening gap, wich means the Supply today will not be easly broken, because if breaks we have a buy setup also...
Is left two zones to hit...
Keep this idea to the future...
Aligns with what i said prior posts...
And finally at this hour we have a fully 4 H swing breakout.
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  • #57,232
  • Dec 23, 2024 12:10pm Dec 23, 2024 12:10pm
Quoting Deal
I think the white support zone was badly draw, should have take into account the big wick of the opening gap, wich means the Supply today will not be easly broken, because if breaks we have a buy setup also... Is left two zones to hit... Keep this idea to the future... Aligns with what i said prior posts... And finally at this hour we have a fully 4 H swing breakout. {image}
i think you are referring to 1 out your 99 trade zones ?
Candlesticks dont move markets, Volume does
  • #57,233
  • Dec 23, 2024 12:16pm Dec 23, 2024 12:16pm
Quoting Praetorion
{quote} i think you are referring to 1 out your 99 trade zones ?
It depends on the pattern... This is another one... If you use support and resistance, if you use Ict concepts, if you use momentum or if you use time and price... This is a pattern that appears less than all the others...

The question is not where to buy or sell, is to know if a zone will really have chance of reverse... Then the confluence to give you confidence and management better your risk.
If 2 or more patterns align like today, i risk more and vice versa...
  • #57,234
  • Dec 23, 2024 12:19pm Dec 23, 2024 12:19pm
Quoting Deal
{quote} It depends on the pattern... This is another one... If you use support and resistance, if you use Ict concepts, if you use momentum or if you use time and price... This is a pattern that appears less than all the others...
sorry i missed you out there when you say "a pattern that appears less than all the others"
Candlesticks dont move markets, Volume does
  • #57,235
  • Dec 23, 2024 12:25pm Dec 23, 2024 12:25pm
Quoting Praetorion
{quote} sorry i missed you out there when you say "a pattern that appears less than all the others"
Yap... In a trend you can have 1 or 2 only in a specific TF. But like many people like to call it... Yes it is fractal!
  • #57,236
  • Dec 23, 2024 12:29pm Dec 23, 2024 12:29pm
Quoting Elliottway
{quote}It looks like sellers are holding on, trying to sell at the 2619 and 2627 levels. These levels are stopping them from making a move, and if the price breaks above these levels, they could be caught on the wrong side of the trade. Similarly, if the trend turns downward, buyers could also be at risk. In this case, sellers might get trapped as the market moves against them.
i have drawn 1 & 2

complete the rest
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  • #57,237
  • Dec 23, 2024 12:58pm Dec 23, 2024 12:58pm
next possible stop 2590 ..
Candlesticks dont move markets, Volume does
  • #57,238
  • Dec 23, 2024 1:15pm Dec 23, 2024 1:15pm
Quoting Praetorion
{quote} i think you are referring to 1 out your 99 trade zones ?
But thinking about it, tell me? Do you really think a specific price is reached every day? You are completely mistaken. When you enter into a trade you must know its range! And only then its reach as I put it here today. Do you think it's the prints you see that are nothing more than plans for the next day or daily analysis of the decisions I've made that cause me to have a lot of drawings in my chart? You must be new to price action! The market is full of standards, it is necessary to spend time or years analyzing them, always keeping in mind what they do well and what they do wrong. A trader who does not make a plan and does not analyze his day cannot be called a trader! But player! Yes, I noticed a bit of sarcasm in your words. But I want you to know that unlike you, I come here and try to help, I give entries and targets, today I even explained how and where to join a trade. I don't come one day to say that I'm bullish and another bearish. I analyze the charts every day from the monthly to the 4-hour chart and each one has its own pattern. Don't see me here saying that the trend is bearish or bullish analyzing below this. I don't even enter trades below 1H. If it could? Of course I could. But to do 1% a day consistently, I just need to give myself the TF 4 hours. I don't like playing my stops on a roulette wheel. This is not the biggest risk reward, it is consistency. That being said, when you make an entry and take profit like I did today, I give you the right to sarcasm! By then your ego must be bothered by something. We are sorry!
Start thinking that try to help here is a waste of time.
I am still waiting to you teach me something new! But i let a tip to you... The high or the low of the day is formed from 3 AM NY Time forward. Not necessary it will form both! Have a nice Christmas!
  • #57,239
  • Dec 23, 2024 3:05pm Dec 23, 2024 3:05pm
Quoting Deal
{quote} But thinking about it, tell me? Do you really think a specific price is reached every day? You are completely mistaken. When you enter into a trade you must know its range! And only then its reach as I put it here today. Do you think it's the prints you see that are nothing more than plans for the next day or daily analysis of the decisions I've made that cause me to have a lot of drawings in my chart? You must be new to price action! The market is full of standards, it is necessary to spend time or years analyzing them, always keeping in...
I believe there was some misunderstanding in my earlier message. When I mentioned "1 out of 99 charts you post," it was intended as a positive remark, not a negative one. My point was simply to highlight that if one chart occasionally deviates from expectations, given the consistently high quality of your charts, it's perfectly understandable and not a cause for concern. Secondly, This is a public platform, and your contributions are valuable and appreciated. If you're feeling that your efforts might not be worthwhile, please remember that you chose to share your insights here, and many benefit from them. I hope this clears up any confusion, as there’s no ego or negativity or sarcasm on my end. Wishing you a wonderful Christmas and all the best!
Candlesticks dont move markets, Volume does
  • #57,240
  • Dec 23, 2024 7:26pm Dec 23, 2024 7:26pm
Still...holding Buy
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Holy Betting Grail strategy
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