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  • #29,181
  • Mar 21, 2024 11:49pm Mar 21, 2024 11:49pm
Quoting parveenverma
{quote} Bullen müssen die aktuelle 4H-Kerze über 2178 schließen, sonst können Bären den Preis möglicherweise weiter nach unten ziehen, bis auf 2160-61. Der CNY fällt heute stark. Das ist kein gutes Zeichen für GOLD-Bullen. Seien Sie also vorsichtig......
thank you parveen - same result
XAUUSD M30
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I wish you all a good end to the weekend
  • #29,182
  • Mar 21, 2024 11:50pm Mar 21, 2024 11:50pm
Quoting parveenverma
{quote} For me .....if current close above 2178 then first ultimate target for bulls become 2198 and then 2213 and if below then bears can approach round about 2159-60. 2165 level seems the strong support where price can take close if bears drag down the price.Let's see.......
your bull target match with my analysis. But, your bear target not matching. For me. 2170 stoploss is best for 2186 breaking above 2198 finally 2213. If you don't mind. Please explain the bear target.

When I check h1 showing me 2166-67 is support. h4 still in process to make Higher high.

Quoting parveenverma
{quote} For me .....if current close above 2178 then first ultimate target for bulls become 2198 and then 2213 and if below then bears can approach round about 2159-60. 2165 level seems the strong support where price can take close if bears drag down the price.Let's see....... Reminder : My levels only valid for the traders who use 4H or above TF for trading. Lower time frame trader than 4H can be crushed down. Yesterday is the best example....I quote that Gold can retrace from 2212-13 area but it retraced little early from 2211. I also quote that...
yesterday fall, I found the reason because of higher time frame resistance. Thats why, price fluctuating this down. Inside the retracement area 4h formed lower low.
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  • #29,183
  • Mar 21, 2024 11:56pm Mar 21, 2024 11:56pm
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  • #29,184
  • Mar 21, 2024 11:57pm Mar 21, 2024 11:57pm
Quoting Elliottway
{quote} your bull target match with my analysis. But, your bear target not matching. For me. 2170 stoploss is best for 2186 breaking above 2198 finally 2213. If you don't mind. Please explain the bear target. When I check h1 showing me 2166-67 is support. h4 still in process to make Higher high.
2165 is 4H 61.8% support level on my chart and 2159-60 is a hidden liquidity zone that need to be tested before any price rise. A lots of bulls hidden in that area but if bears will take control there in fight then they will again reach in their zone and price may continue drop after that. Trade safe
  • #29,185
  • Mar 22, 2024 12:18am Mar 22, 2024 12:18am
Quoting parveenverma
{quote} 2165 is 4H 61.8% support level on my chart and 2159-60 is a hidden liquidity zone that need to be tested before any price rise. A lots of bulls hidden in that area but if bears will take control there in fight then they will again reach in their zone and price may continue drop after that. Trade safe
Yes, 2160 is important because new lower low not by the closing candle. When I check opposite direction. Showing me this level.

But, h1 retracement till 2166. H4 bear boundary starts at 2160. If we buy between this level is good idea. Am I right..
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  • #29,186
  • Mar 22, 2024 12:19am Mar 22, 2024 12:19am
Quoting parveenverma
{quote} 2165 is 4H 61.8% support level on my chart and 2159-60 is a hidden liquidity zone that need to be tested before any price rise. A lots of bulls hidden in that area but if bears will take control there in fight then they will again reach in their zone and price may continue drop after that. Trade safe
2178-79 recently formed zone for possible price drop...........be careful
  • #29,187
  • Mar 22, 2024 12:25am Mar 22, 2024 12:25am
Quoting parveenverma
{quote} 2165 is 4H 61.8% support level on my chart and 2159-60 is a hidden liquidity zone that need to be tested before any price rise. A lots of bulls hidden in that area but if bears will take control there in fight then they will again reach in their zone and price may continue drop after that. Trade safe
please correct me. H1 from the high price formed 2 time higher high. Is there any hint to buy early inside the h1 retracement levels. How you will see this..

Hereafter, I will discuss deeply. Can help everyone
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  • #29,188
  • Mar 22, 2024 12:28am Mar 22, 2024 12:28am
GOLD live trade
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  • #29,189
  • Mar 22, 2024 12:29am Mar 22, 2024 12:29am
Quoting Elliottway
{quote} Yes, 2160 is important because new lower low not by the closing candle. When I check opposite direction. Showing me this level. But, h1 retracement till 2166. H4 bear boundary starts at 2160. If we buy between this level is good idea. Am I right..
After close of 4H candle most chances become for price to drop till 2165 and then 2159-60. If bounce from here then resistance available there @ 2178 & 2186 now.Let's see....
  • #29,190
  • Mar 22, 2024 12:35am Mar 22, 2024 12:35am
Quoting parveenverma
{quote}After close of 4H candle most chances become for price to drop till 2165 and then 2159-60. If bounce from here then resistance available there @ 2178 & 2186 now.Let's see....
Completely agree..

one more possibility:
if price start move up without breaking 2172-74 now. How you will see and validate ? Because of h1 2 times higher high ?
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  • #29,191
  • Mar 22, 2024 12:43am Mar 22, 2024 12:43am
Quoting Elliottway
{quote} Completely agree.. one more possibility: if price start move up without breaking 2172-74 now. How you will see and validate ? Because of h1 2 times higher high ?
As I mentioned several times in my posts that I donot use less time frame than 4H for trading. I avoid always small time frame because lots of fake signals and hunting there. for me 2178 can hardly pushed down the price if breached then 2186 and if it not hold then 2198 and 2213........All levels as per 4H TF only.
  • #29,192
  • Mar 22, 2024 1:06am Mar 22, 2024 1:06am
Quoting parveenverma
{quote} As I mentioned several times in my posts that I donot use less time frame than 4H for trading. I avoid always small time frame because lots of fake signals and hunting there. for me 2178 can hardly pushed down the price if breached then 2186 and if it not hold then 2198 and 2213........All levels as per 4H TF only.
let me follow your rule. If am not wrong. If price Starts move up from 2160, 2166 between. Target will be 2198, 2213 finally 2230.

If 4h close above 2186 without testing 2160. Consider as downtrend started. 2160, 2145, 2116, 2080.. like that..

Please validate. Thank you

edit: downtrend if starts then 2186 to 2198 is selling area. 2198 is sellers liquidity level.
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  • #29,193
  • Edited 1:39am Mar 22, 2024 1:25am | Edited 1:39am
Quoting Elliottway
{quote} let me follow your rule. If am not wrong. If price Starts move up from 2160, 2166 between. Target will be 2198, 2213 finally 2230. If 4h close above 2186 without testing 2160. Consider as downtrend started. 2160, 2145, 2116, 2080.. like that.. Please validate. Thank you edit: downtrend if starts then 2186 to 2198 is selling area. 2198 is sellers liquidity level.
Seller ultimate target as per daily TF become 2058-60 if 2160 not hold. 2186 a liquidity zone but 2198 a zone need to be tested for a drop again means hidden liquidity there.......Trade safe

One more thing to notice is Close of daily candle. If you read my previous posts then you will found that how important this 2198 level is for me. Daily close above this candle will push price more high up to 2252-57. till price is below it more chances of price drop......to 2058-60.

"let me follow your rule" oh...no need to follow because I am a pure scalp trader who always is in search of liquidity which is the damm true of this forex trading.My bias can change anytime during the day and that can hurt the fellow traders."SORRY FOR THAT"
  • #29,194
  • Mar 22, 2024 1:38am Mar 22, 2024 1:38am
Quoting parveenverma
{quote}Seller ultimate target as per daily TF become 2058-60 if 2160 not hold. 2186 a liquidity zone but 2198 a zone need to be tested for a drop again means hidden liquidity there.......Trade safe
I applied same rule only. for the bear side When i check. H1 maximum retracement match with 2198 which is h4 bull boundary. If we see the same number. We have to call hidden liquidity level. Right ?

2186 is lower time frame bull resistance. Anyway 4h should close above this level. 2198 will be TRUE.

If we hold buy. Anyhow end up with profits. Right ?
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  • #29,195
  • Mar 22, 2024 1:42am Mar 22, 2024 1:42am
Quoting parveenverma
{quote}Seller ultimate target as per daily TF become 2058-60 if 2160 not hold. 2186 a liquidity zone but 2198 a zone need to be tested for a drop again means hidden liquidity there.......Trade safe One more thing to notice is Close of daily candle. If you read my previous posts then you will found that how important this 2198 level is for me. Daily close above this candle will push price more high up to 2252-57. till price is below it more chances of price drop......to 2058-60. "let me follow your rule" oh...no need to follow because I am a pure...
ok great.. now we have high chance to move up from 2160 level. Because of daily close above 2198.
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  • #29,196
  • Mar 22, 2024 1:49am Mar 22, 2024 1:49am
Quoting parveenverma
{quote}Seller ultimate target as per daily TF become 2058-60 if 2160 not hold. 2186 a liquidity zone but 2198 a zone need to be tested for a drop again means hidden liquidity there.......Trade safe One more thing to notice is Close of daily candle. If you read my previous posts then you will found that how important this 2198 level is for me. Daily close above this candle will push price more high up to 2252-57. till price is below it more chances of price drop......to 2058-60. "let me follow your rule" oh...no need to follow because I am a pure...
I completely understand, How you will mix the multi time frame important levels.

From this discussion. I will avoid lots of fake signals. Really thanks to you brother.

Now I can understand.. why you ask others follow higher time frame like 4h. Your intention to avoid fake signals.

If am not wrong. Daily closing above 2198. Sure you will know 2198 below 2160 is important to test for liquidity.
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  • #29,197
  • Mar 22, 2024 1:53am Mar 22, 2024 1:53am
Its friday so I dont get involved in much trading other than scalps. I will say one more time, if you are a bear/ Be careful. This is not the time to be taking shorts. If you want to get short you are going to get swallowed. Good luck, ill be back later on.
TechKnow
  • #29,198
  • Mar 22, 2024 1:57am Mar 22, 2024 1:57am
Quoting Techknow
Its friday so I dont get involved in much trading other than scalps. I will say one more time, if you are a bear/ Be careful. This is not the time to be taking shorts. If you want to get short you are going to get swallowed. Good luck, ill be back later on.
Thanks....Only scalping for me.Trade safe
  • #29,199
  • Mar 22, 2024 2:01am Mar 22, 2024 2:01am
Quoting Elliottway
{quote} I completely understand, How you will mix the multi time frame important levels. From this discussion. I will avoid lots of fake signals. Really thanks to you brother. Now I can understand.. why you ask others follow higher time frame like 4h. Your intention to avoid fake signals. If am not wrong. Daily closing above 2198. Sure you will know 2198 below 2160 is important to test for liquidity.
If you want to trade forex market than only real thing to follow is " LIQUIDITY".
  • #29,200
  • Mar 22, 2024 2:10am Mar 22, 2024 2:10am
Really, Parveenverma is good soul.

I am really happy today. Your hint made my day. I will search liquidity level for all the time frame.

Depends on volatile strength, minimum or maximum retracement level - liquidity level = position. Tp will set depends on the atr from tf liquidity level.

Let me try this rule..
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