US stock markets and Comex are open today, but bond markets closed. url url Volatility in the afternoon will probably be average, it might be ok with the politics at moment. Personally, Had a good day yesterday, and if London looks like its ...

Gold with No Drama

I think 4159 - 4219 which is 61- 100% fib from start of move will be the first hiccup area and how it matches with daily FVG, maybe the first retrace or pause. It will be some going to get there this week though. 4130 is roughly 100% weekly ...

Gold with No Drama

With gold 15-minute/30-minute/1-hour you get ~one of these trades per week. SMC calls it a breaker block, but imbalance (FVG) isn't mentioned. Traders who trade with these usually chart hop, looking for them to develop and set alerts. They are ...

Trading for a living

This is a good pattern to look for with 'POC' and volume profile; it's more noticeable when 'POC' is from delta. Price sits on top, and either the candle wick before or the current candle wick touch or pass through the 'POC'. The close/open price ...

Old Fashioned Trading - Aimed at First - Two Year Traders

Simple 1-hour Strategy I used to trade this strategy when I was working, and I used the alerts from TradingView. It takes minimal chart time and works best with a trending instrument. Gold it would have been exceptional this year, but because I'm ...

Old Fashioned Trading - Aimed at First - Two Year Traders

Whales are here video

Gold with No Drama

If you follow the volume, it reduced all the way down and then the last red hammer volume increased. It jumped above volume 'POC' too (magenta solid line), volume usually makes thing clearer. The orange line is daily and weekly VWAP. The highest ...

Gold with No Drama

It's impressive, the questions you ask, and the way you talk. You did the right thing by not moving and you weren't influenced by outside noise. You had moved your stop, and you weren't going to move it again. That shows good self-discipline. It ...

Gold with No Drama

Looking for a example, it might do this Where it starts, pulls back - it would take a breakeven stop and then continue away. So, I allow one touch and then lock

Gold with No Drama

Avoid going breakeven too early in trades, if there is an imbalance it may touch and take your stop. I personally, once a partial is taken - allow it one touch, once it moves away I then lock in the stop.

Gold with No Drama

There are no guarantees but you are on right side. Take a partial at 4096.90 or the high from today, leave the other at what you had set. Once partial or days high are reached, you can lock in at breakeven. Avoid here for signals. Trading this ...

Gold with No Drama

Volume POC is 4079 ish, fairly decent chance it will touch it

Gold with No Drama

The fed has a mandate with an inflation target and a jobs target. If jobs are compromised, it will cut further. It doesn't care about markets being at all time highs and 67% is a pretty decent chance to speculate from.

Gold with No Drama

The best way of applying FVG, that I have found, is the 'Unicron Setup' I hate the name but it is effective 4:1 and higher trade. Every trader is looking for these (last image). Or trade from 4hr FVG touch (first image below)

Trading for a living

It's probably going to have the opposite effect. This time of year is usually good for gold, positions have been taken with respect to the next Fed cut ~67% likely. Fed shutdown without data has been clouding the issue, and making a unknown to the ...

Gold with No Drama

Example to highlight the 4-hour candle times from Comex 23:00, 03:00, 07:00, 11:00, 15:00, 19:00 You can see there is usually a movement of momentum or a reversal at these times or just after Why the coin toss works (post #63) is because of these ...

Old Fashioned Trading - Aimed at First - Two Year Traders

The post I made concerning 4-hr candle times(post #32). I made an error with my timezone conversion and UTC and UTC+1; daylight savings time. Investing candle times are US EST: 23:00, 03:00, 07:00, 11:00, 15:00, 19:00 The futures gap needs further ...

Old Fashioned Trading - Aimed at First - Two Year Traders

Quicky post; how I change my setup, when I believe it's getting tricky to trade with pullback. I add vertical lines, set to follow the US EST 23:00, 03:00, 07:00, 11:00, 15:00, 19:00 open 4hr times, that match Comex (futures) Divide the day into ...

Old Fashioned Trading - Aimed at First - Two Year Traders

close on reverse buy signal from Friday morning, still running nearly at target

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Its the high R:R that you will need to avoid draw down effects, if you do not have a high win rate. The relationship you mentioned, yes, from the compounding effect of high R:R It's profitable, but I went a different route for profitable full time. ...

Trading for a living