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RajaB
Admin

Today I gave my trade 3 chances !

Today was a very demanding day. From the first trades there were some psychological factors we have to keep in mind.


Initially I was looking for buys as the trend was bullish and price was coming back in the range above 2367-2368. Looking at the way price action was formed, there was a fakeout and candles were closing back in. Having a closer look at price action I noticed there was a resistance formed 17—20 pips above, which then it made no sense to look for a buy as above the resistance 2370 there was a bigger cleaner range of 40pips.


This is where you have to be fluid in the markets.

  • Recognized the buys would be short lived below 2370

  • Buys would only make sense above 2370

  • IF currently there were no buys, and price had formed a low, then MAYBE there is an opportunity for sells.


Being fluid in the markets is all about this. You have to recognize both scenarios at the same time. At times as traders we will see Buys, and we will see sells. That is not a problem. The problem is when we marry our biases and become stubborn. Reading price action is key in the markets and also understanding variable zones as price shifts.


The 90 pip buys on Gold were self explanatory. This was ONLY executed based on 4h and Daily. This breakdown and analysis was also sent in Discord ahead of time.


Full Breakdown with video on the link below (members only):

https://whop.com/hub/market-fluidity-uni/trade-breakdowns-7P697SNlXvHGZN/app/


Watch from 25:50 onwards to see exactly where the sells were executed.


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