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  • #57,201
  • Dec 23, 2024 9:13am Dec 23, 2024 9:13am
The same pattern that origin the friday bullish move happen today.
The Diference was friday rejected the 0% of an OB, and today we rejected the 100% of the breaker.
As both were in 4 hour the triger can BE on the 1h rejection. Most secure 4h.
Hope it clarify some thing.
Adding the fact that also had confluence with a weekly close. Wich means second strong support.
This kind off pattern happen very Often and normally the 1h low most near is Taken out.
If this help someone, good. If not bactest.
The rest confirmation is always a close below the candle that rejected the price. Its must BE an OB or breaker.
  • #57,202
  • Dec 23, 2024 9:17am Dec 23, 2024 9:17am
Silver/Gold TP reached, closed 80% partial, letting rest ride and adjusting SP while charting.

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  • #57,203
  • Dec 23, 2024 9:20am Dec 23, 2024 9:20am
In case today high will break again, 2675 is expected.

and as long it not, long are dangerous.
  • #57,204
  • Dec 23, 2024 9:23am Dec 23, 2024 9:23am
Quoting Elliottway
{quote} I believe your broker has completely altered the situation. This is one of their tactics to confuse traders. It's important to pay attention to both major and minor volume-based chart time zones, as they play a crucial role in understanding the market's movements.
Thank you for taking the time for answering. It's possible the configuration of the timezone what is giving this discrepancy. I'm looking at it.
  • #57,205
  • Dec 23, 2024 9:23am Dec 23, 2024 9:23am
Quoting gentch
Silver/Gold TP reached, closed 80% partial, letting rest ride and adjusting SP while charting. {image}
This is one of the methods for confirmation. The price action pattern clearly updates the retracement zone. However, I am unsure about how the long supports work. It's possible that they periodically adjust the confirmation to reflect changes.
SURFER
  • #57,206
  • Dec 23, 2024 9:24am Dec 23, 2024 9:24am
Sellers territory now
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ryoiki tenkai : Blue Juggernaut
  • #57,207
  • Dec 23, 2024 9:25am Dec 23, 2024 9:25am
Quoting fxcontest
{quote} Starting
Stopout

Sell 2613 below
Holy Betting Grail strategy
  • #57,208
  • Dec 23, 2024 9:26am Dec 23, 2024 9:26am
Quoting okami
{quote} Thank you for taking the time for answering. It's possible the configuration of the timezone what is giving this discrepancy. I'm looking at it.
You are welcome! Changing the time zone is not really necessary. As beginner traders, it's easy to get confused by the insights of others. Sometimes their methods may work, but most of the time, they don’t. It's better to focus on improving your analytical skills rather than constantly changing time zones.
SURFER
  • #57,209
  • Dec 23, 2024 9:28am Dec 23, 2024 9:28am
Quoting Elliottway
{quote}Both statements are true when considering the coming days. As you know, it is important to respect the higher time frame when determining the direction of the trend.
elliot majority of the manipulations happens 3 times during the day. the rest is handled by the market to take the directions.. and those can be noticed from 1m to 1 hour ..
i can give instances and examples of those ..
Candlesticks dont move markets, Volume does
  • #57,210
  • Dec 23, 2024 9:36am Dec 23, 2024 9:36am
Quoting fxcontest
{quote} Stopout Sell 2613 below
Hedge with Buy 2609 up

TP sell some
Holy Betting Grail strategy
  • #57,211
  • Dec 23, 2024 9:40am Dec 23, 2024 9:40am
nobody read my post and got stuck
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  • #57,212
  • Dec 23, 2024 9:43am Dec 23, 2024 9:43am
Quoting Tradersview-
{quote} H1 needs some support near 2611,where is ur stops fr this scalp trades
H1 supported,if breaks 2600-2597
  • #57,213
  • Dec 23, 2024 9:51am Dec 23, 2024 9:51am
Quoting Tradersview-
{quote} H1 supported,if breaks 2600-2597
Buy 2608-2600
Sl 2594
  • #57,214
  • Dec 23, 2024 9:52am Dec 23, 2024 9:52am
Quoting gentch
Silver/Gold TP reached, closed 80% partial, letting rest ride and adjusting SP while charting. {image}
Re-entry on Silver's confirmation (consequent encroachment) and re-entered on Gold as well.
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  • #57,215
  • Dec 23, 2024 9:52am Dec 23, 2024 9:52am
Quoting Praetorion
{quote} elliot majority of the manipulations happens 3 times during the day. the rest is handled by the market to take the directions.. and those can be noticed from 1m to 1 hour .. i can give instances and examples of those ..
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.
SURFER
  • #57,216
  • Dec 23, 2024 9:55am Dec 23, 2024 9:55am
The real time zone is NY time.
Go check One 4h candle and they are printed diferently...
Its was when started using this time zone that some concepts become more clear.
And the 4 hour triger daily... It is his fractal...
  • #57,217
  • Dec 23, 2024 9:59am Dec 23, 2024 9:59am
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.
sure thing.. ill share them with screenshots ..
Candlesticks dont move markets, Volume does
  • #57,218
  • Dec 23, 2024 10:01am Dec 23, 2024 10:01am
Quoting Deal
The real time zone is NY time.
I think everyone who is trading or learning to trade should have their time set for NY Time. That way, everyone will be on the same page and looking at the same thing (especially if you are collaborating). This is only from my personal experience and observations.
  • #57,219
  • Dec 23, 2024 10:10am Dec 23, 2024 10:10am
Quoting Elliottway
{quote}Right now, the consolidation range is fixed between 2605 and 2622. If the New York session pushes down, we should see it test near 2605. Personally, I believe the 5-wave count from 2724 is finished, and we could see a move up to 2664–2684. However, I’m waiting for a clear break to confirm the trend. A break below 2605 would be a big surprise for me. Let’s see how it plays out.
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.
SURFER
  • #57,220
  • Dec 23, 2024 10:22am Dec 23, 2024 10:22am
Can you suggest a systematic method to study trading? Please..
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