Shanghai Gold ?
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Attached Image (click to enlarge)
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- #11,181
- May 6, 2025 6:28pm May 6, 2025 6:28pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
- #11,182
- May 8, 2025 4:56pm May 8, 2025 4:56pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
I do like to tease Mr U and his hard working cohorts over at the BoJ
Just a coincidence Mr U. GJ behaving to script as usual also
Trade safe, trade well all
to see its week early, a 1hr chart
USDJPY (the pappy of the Yen pairs)
Just a coincidence Mr U. GJ behaving to script as usual also
Trade safe, trade well all
to see its week early, a 1hr chart
USDJPY (the pappy of the Yen pairs)
- #11,183
- May 11, 2025 4:52pm May 11, 2025 4:52pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
An interesting start to the day I see on GBPJPY 
I get served up a 30 pip (yep) spread this early in the day, so I don't bother to trade yet.
But I watch nonetheless
Trade 'em safe folks
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I get served up a 30 pip (yep) spread this early in the day, so I don't bother to trade yet.
But I watch nonetheless
Trade 'em safe folks
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- #11,184
- May 11, 2025 5:30pm May 11, 2025 5:30pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
EURUSD
Here's a pair I don't look at too much.
But quite a bit of mechanics similarity I see.
All the best for the week ahead all
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Here's a pair I don't look at too much.
But quite a bit of mechanics similarity I see.
All the best for the week ahead all
.
- #11,185
- May 12, 2025 5:08pm May 12, 2025 5:08pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
is there some GOLD buried in them there Hills
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- #11,186
- May 14, 2025 4:55pm May 14, 2025 4:55pm
- Joined Dec 2018 | Status: Trader | 4,593 Posts | Online Now
The business of business
Where are some inflection points
Seems like script of some sorts
Push, fake, flip, run
Trade safe, trade well all
GJ
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Where are some inflection points
Seems like script of some sorts
Push, fake, flip, run
Trade safe, trade well all
GJ
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- #11,187
- May 15, 2025 10:08am May 15, 2025 10:08am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
TIMINGS ~ LEVELS ~ BEHAVIOUR OF PRICE
SET YOURSELF UP FOR SUCCESS
Trading from these KEY LEVELS @ KEY TIMINGS can simplify your PROCESS by helping you focus.
This can help a trader in so many ways... Layover your favorite method/system/template over
key times and key levels for the different trading instruments....
I traded all of these key levels on Gold at the key times..in Asia and NY..it can be done when you know
when and where to look for your setup and with the understanding of Behaviour of Price.
OHLC
Cheers
Blue
Master your Mind,,,Master the Market
- #11,188
- May 15, 2025 11:08pm May 15, 2025 11:08pm
- Joined Aug 2007 | Status: Trader | 3,199 Posts
TIMINGS ~ LEVELS ~ BEHAVIOUR OF PRICE SET YOURSELF UP FOR SUCCESS Trading from these KEY LEVELS @ KEY TIMINGS can simplify your PROCESS by helping you focus. This can help a trader in so many ways... Layover your favorite method/system/template over key times and key levels for the different trading instruments.... I traded all of these key levels on Gold at the key times..in Asia and NY..it can be done when you know when and where to look for your setup and with the understanding of Behaviour of Price. OHLC Cheers Blue {image}
KEY LEVELS
KEY TIMINGS
What if you incorporated certain key levels and timings into your trading ?
Key Levels a few examples. PDH PDL PDC... PWL PWH PWC.... VAH VAL POC.... VWAP ORH ORL IBH IBL etc
Key Timings a few examples. Globex Open NY Open London Open Shanghai Open Tokyo Open Franky Open... hourly rotations 4 hr rotations etc
What if you could identify certain Price behaviours AT Key Levels AT Key Timings ... It's really not that difficult.
Once again ,today, 9pm NY...9am Hong Kong/Shanghai volume comes in Price travels Level to Level.
Gold 8pm-9pm NY UTC-4 or 8am-9am UTC+8 Shanghai Hong Kong etc
Very important to observe The Behaviour of Price at these times and when at Key Levels.
Master your Mind,,,Master the Market
- #11,191
- May 16, 2025 12:17am May 16, 2025 12:17am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
{quote} Regarding PDH PDL or Prev Session High / Prev Session Low, etc.. didn't you not notice that Highs & Lows only being taken when the direction is synced along with High TF trend ? If not then it will only sweep...what.?
of my decisions to execute a trade or manage a trade.
What I am more concerned with and pay attention to is where is value ? and with Value I will look at Higher TFs.
Value I determine 3 different ways
1.Thru the 15min OR and 1HR IB..... IBH=VAH IBL=VAL IB 50%=POC
2.VWAP AVWAP.... VWAP=POC 1SDH=VAH and 1SDL=VAL
3. Vol Profile VAH POC VAL
I dont get into sweeps, hunts liquidity this or that....
Only Value...Is price in acceptance/In balance or is price in discovery Imbalance
If you want to post a chart and visually display what you are referring to that would be good...
Hope that helps
!Blue
Master your Mind,,,Master the Market
- #11,192
- May 16, 2025 12:18am May 16, 2025 12:18am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
Master your Mind,,,Master the Market
- #11,193
- May 16, 2025 12:47am May 16, 2025 12:47am
{quote} I dont really concern myself with higher term trends with my daytrading. I am aware of daily structure HHs HLs etc.. But it is not part of any of my decisions to execute a trade or manage a trade. What I am more concerned with and pay attention to is where is value ? and with Value I will look at Higher TFs. Value I determine 3 different ways 1.Thru the 15min OR and 1HR IB..... IBH=VAH IBL=VAL IB 50%=POC 2.VWAP AVWAP.... VWAP=POC 1SDH=VAH and 1SDL=VAL 3. Vol Profile VAH POC VAL I dont get into sweeps, hunts liquidity this or that.... Only...
If you only look for Prev Lows / High as your important levels, why that Low not taken ?
- #11,194
- May 16, 2025 1:12am May 16, 2025 1:12am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
{quote} Here's a picture : {image} If you only look for Prev Lows / High as your important levels, why that Low not taken ?
What I can tell you is i dont concern myself too much with structural lows and highs unless they are at key levels.
Prev Daily Highs and Lows..yes...not intraday at random areas as your chart shows.
I will say as well that currently Gold is in price acceptance IMO...in balance...and when in balance it will revert
from standard deviation H/L to VWAP POC....The chart you have shown ..price is currently inbalance revolving around
weekly AVWAP and PD VWAP. And when more buyers or sellers step in price will continue one way or another,,,
I dont predict....I only react to the behaviour of price as I see it.
I guess I could also say I would not trade that lowas you have outlined,,, There simply is no setup for me there.
Cheers !
Master your Mind,,,Master the Market
- #11,195
- May 16, 2025 1:24am May 16, 2025 1:24am
{quote} I dont know why that low is not "taken"
What that second "failed" swing Low took ? Prev Low ? NO... prev Open
- #11,196
- May 16, 2025 1:44am May 16, 2025 1:44am
- Joined Aug 2007 | Status: Trader | 3,199 Posts
Master your Mind,,,Master the Market
- #11,197
- May 16, 2025 7:43am May 16, 2025 7:43am
- Joined May 2022 | Status: Grateful for the Roulette Epiphany | 1,916 Posts
Life itself is a privilege, but to live life to the fullest is a choice
- #11,198
- May 16, 2025 7:44am May 16, 2025 7:44am
- Joined May 2022 | Status: Grateful for the Roulette Epiphany | 1,916 Posts
Life itself is a privilege, but to live life to the fullest is a choice