Holy Betting Grail strategy
- #65,681
- Jul 21, 11:34pm (6 hr ago) Jul 21, 11:34pm (6 hr ago)
- Joined Jul 2011 | Status: Trader | 3,376 Posts
- #65,683
- Jul 21, 11:49pm (6 hr ago) Jul 21, 11:49pm (6 hr ago)
{quote} This Asia was the abusive Gold I was talking about. +83 RSI, all candles 5M, 15M, 30M in one direction, zero pullbacks. Stubborn Gold with no mercy. For me this is the most difficult time to trade, I hope the algos don't stick to this type of trading.
however the good thing I noticed since the beginning of July is Price is far more predictable than what it used to be.
in the 4H, 50% FIB is 4050, and a demand zone at 4004
it takes for ever to retrace to these points since we have grabbed so much sell side liquidity, I am trying to adjust my style to suit for more trades per week, my current is 1 trade a week or sometimes none.
- #65,684
- Jul 22, 12:11am (5 hr ago) Jul 22, 12:11am (5 hr ago)
- Joined Aug 2020 | Status: Zeroing In on Chaos | 2,070 Posts | Online Now
{quote} This Asia was the abusive Gold I was talking about. +83 RSI, all candles 5M, 15M, 30M in one direction, zero pullbacks. Stubborn Gold with no mercy. For me this is the most difficult time to trade, I hope the algos don't stick to this type of trading.
market gets no mercy with your fricking indicator and expectation. Don't show up here with complain of loser, it makes you just worse. Of course price wont retrace as liquidity still stay at 120-134 which is huge magnet right over your head. Also direction shown up since last NY lol
Will is the most powerful weapon in the world.
- #65,685
- Jul 22, 12:15am (5 hr ago) Jul 22, 12:15am (5 hr ago)
- Joined Apr 2026 | Status: Trader | 164 Posts | Online Now
There is resistance at 4138 which Asia pushed up into 4141 If next 4HR candle closes below 4141 I may look for shorts as risk to reward will be very good. But 8am again like yesterday is not far. My ideal short area right now is ideally a liquidity sweep above 4041! Careful not to get caught in a brakeout continuation. (Identify the sweep happening before entering)
prime areas for me with such a small stop
4132/4135. SL 42
or letting a double top form on 5m then waiting for 1m structure to brake e.g LL followed with LH entry stop again above 4041
liquidity sweep at 4041 wick goes above 4041 closes back below 4041
aggressive entry. Stop above the wick couple $ stop
liquidty sweep followed with 5M LL and FVG (displacement candle between candle 1&3) if price goes to FVG entry after pin bar or englufing in that area
(not financial advice)
my set up for this morning
if never comes to any of those levels 0 trade for me during London don’t want to get caught in chop
prime areas for me with such a small stop
4132/4135. SL 42
or letting a double top form on 5m then waiting for 1m structure to brake e.g LL followed with LH entry stop again above 4041
liquidity sweep at 4041 wick goes above 4041 closes back below 4041
aggressive entry. Stop above the wick couple $ stop
liquidty sweep followed with 5M LL and FVG (displacement candle between candle 1&3) if price goes to FVG entry after pin bar or englufing in that area
(not financial advice)
my set up for this morning
if never comes to any of those levels 0 trade for me during London don’t want to get caught in chop
- #65,686
- Jul 22, 12:18am (5 hr ago) Jul 22, 12:18am (5 hr ago)
{quote} stubborn man
Don't Predict Just React..
- #65,691
- Jul 22, 12:52am (5 hr ago) Jul 22, 12:52am (5 hr ago)
- Joined Jun 2025 | Status: Greenpips everyone | 1,182 Posts
Stay Gold
- #65,694
- Edited 1:39am Jul 22, 12:58am (5 hr ago) | Edited 1:39am
- Joined Jan 2012 | Status: Trader | 1,866 Posts
XAUUSD W1 {image} tp 4860 3850 is tolerated happy trading @all
edit 08:10 MESZ-added open deals
- #65,697
- Edited 1:35am Jul 22, 1:14am (4 hr ago) | Edited 1:35am
- | Joined Sep 2020 | Status: Trader | 116 Posts | Online Now
just entered a short, im not 100% convinced, thus i keep risk low. Time will tell.
EDIT: so far so good. i'll be looking to take profits at around 4086 EDIT: i mean 4087
UPDATE: now this is what we want to see
Comments: people say "oh noo i never short above vwap or long below it, too risky..." to this i say, brother, it is a high risk market, if you don't commit to risk, you will never make any good profits. The best profits are hidden in places that often goes contrary to conventional methods, just a tip
It still hasn't broken below vwap, but trust me, it's imminent.
EDIT: so far so good. i'll be looking to take profits at around 4086 EDIT: i mean 4087
UPDATE: now this is what we want to see
Comments: people say "oh noo i never short above vwap or long below it, too risky..." to this i say, brother, it is a high risk market, if you don't commit to risk, you will never make any good profits. The best profits are hidden in places that often goes contrary to conventional methods, just a tip
It still hasn't broken below vwap, but trust me, it's imminent.
- #65,698
- Edited 1:59am Jul 22, 1:20am (4 hr ago) | Edited 1:59am
just entered a short, im not 100% convinced, thus i keep risk low. Time will tell. EDIT: so far so good. i'll be looking to take profits at around 4086 {image}
Not also convinced... but low risk.
Edit: now its looking really good!
)
- #65,699
- Jul 22, 1:25am (4 hr ago) Jul 22, 1:25am (4 hr ago)
- Joined Apr 2026 | Status: Trader | 164 Posts | Online Now
There is resistance at 4138 which Asia pushed up into 4141 If next 4HR candle closes below 4141 I may look for shorts as risk to reward will be very good. But 8am again like yesterday is not far. My ideal short area right now is ideally a liquidity sweep above 4041! Careful not to get caught in a brakeout continuation. (Identify the sweep happening before entering) prime areas for me with such a small stop
- #65,700
- Jul 22, 1:34am (4 hr ago) Jul 22, 1:34am (4 hr ago)
- Joined Apr 2026 | Status: Trader | 164 Posts | Online Now
First entry stopped out at breakeven. 2nd entry again at breakeven 
I trade aggressive entries for stupid tight stops just allows me to increase lot size and aim to dial my entries in almost to the exact dollar. If stopped again holding of till the highs but if runs see you all at New York open
I trade aggressive entries for stupid tight stops just allows me to increase lot size and aim to dial my entries in almost to the exact dollar. If stopped again holding of till the highs but if runs see you all at New York open
