That is the point Ive been struggling to make all the time. Price does not care for all your technical chart patterns and support and resistance ALONE. IT ALWAYS MOVES WHERE THE LIQUIDITY IS. Find a way to track liquidity flow and you'll be fine.

Gold

That's one of the lessons it took me a long time to learn. Entries. Three types. One is to be as patient as a vulture, time the entries well with a tight stop loss. You'll probably lose a few of those. But once you catch the runner, the R:R is a ...

Gold

Be encouraged. Its possible.

Gold

Depending on how NY closes today, I fully expect todays high to be broken tomorrow or at most by Wednesday...

Gold

FUN FACT...NY Yet to properly breakout of another NY High in September....

Gold

Answer to the homework like clockwork

Gold

It's a good habit not to enter trades in the transition periods between sessions (Asia/London/NY). Better to wait and see what they do with liquidity. Notice the quick stop hunt as Europe opened. Warning sign for bulls...

Gold

Anything is possible. Retail sentiment is still actually about 70% bullish on myfxbook url

Gold

There was a point in time when September candle was trading at 1830 and looking good for 1900.... 'Most likely' just doesnt cut it in trading. Liquidity can change at any time. Bears have not won the battle for september yet. 1765 will still be a ...

Gold

Very Nice!

Gold

From my personal journal... can you spot the liquidity pools being exposed by price and time action? From a higher timeframe perspective, New York started making Higher lows(and higher highs) two Sessions back(Wednesday). None of those lows have ...

Gold

Peculiar that London Range is so far an inside bar with respect to Asia. No stop sweeps on the highs or lows. The clues are always there...

Gold

Like clock work...

Gold

Trade management is another whole ball game in hyper volatile markets like Gold. As NY opens be wary of stop sweeps targeted at 1791-1792.

Gold

Too busy trading now for any detailed explanations, but the information is out there. Just takes a bit of work to sift through thats all.

Gold

Chart patterns are meaningless without perspective on market structure and most importantly liquidity. So it might hold true for now but may change as the markets adjust to liquidity and macro economic sentiments

Gold

If 1790 breaks, then the bears are in control

Gold

Entry is always the tricky part...look for signs of exhaustion...if none...ride it down...

Gold

Like clockwork. Time to start paying attention...

Gold

Gold is too volatile for that. Yesterdays NY Session was a good example. The bears cannot take control above 1790. Any bearish move above that price for today is just a strong retracement. Greed usually drives fridays not fear, except there is no ...

Gold