DE40 (GER40) trading strategy

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@asuquokelvin - 10 hours ago
Quoted - yokoyi

I hope to hold till the TP level

But why is it that indice are pushing down and gold, eurusd and silver are pushing up, although ustech is not falling that fast as Ger40

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@godspowerdan - 10 hours ago
Quoted - asuquokelvin

But why is it that indice are pushing down and gold, eurusd and silver are pushing up, although ustech is not falling that fast as Ger40

The buys you see on Gold, EURUSD & GBPUSD are just retracements. Both the indices and currency pairs are bearish

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@asuquokelvin - 10 hours ago
Quoted - godspowerdan

The buys you see on Gold, EURUSD & GBPUSD are just retracements. Both the indices and currency pairs are bearish

You are actually seeing the right direction, until there is a higher timeframe break like Me I have marked out the 12hrs high 4206 if price breaks above it then I will change my mind but till then nothing

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@asuquokelvin - 10 hours ago
Quoted - asuquokelvin

You are actually seeing the right direction, until there is a higher timeframe break like Me I have marked out the 12hrs high 4206 if price breaks above it then I will change my mind but till then nothing

You are actually seeing the right direction, until there is a higher timeframe break like Me I have marked out the 12hrs high 4206 if price breaks above it then I will change my mind but till then nothing

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@godspowerdan - 9 hours ago
Quoted - israeljasspu

How long am on swing trade on xau send it back to ath

The retracement won't be for long

Price just have to trade deep into premium then continue the sells

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@asuquokelvin - 9 hours ago
Quoted - godspowerdan

I'm even on the buys to take out internal range liquidity on Gold

This is my plan for gold since I can't find a fair value gap, around that region, so I have marked out 4000 to 3989 base on price reaction around there I will make a decision but right now am flat on gold, except i want to scalp, why i marked the 3989 is because its the visible order block there but a break below there is an invalidation for me

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@asuquokelvin - 9 hours ago
Quoted - godspowerdan

Gold has a very clean market structure

When you see it you can't unsee it

That 12hrs zone the 4206 above there is my invalidation, because if you still check even 4hr is carrying the same invalidation

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@asuquokelvin - 9 hours ago
Quoted - godspowerdan

Price will most likely take out that high as internal range liquidity

No it may not a break above that high will serve as a trend change for gold, that 4206 level is a very strong level

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@godspowerdan - 8 hours ago
Quoted - asuquokelvin

No it may not a break above that high will serve as a trend change for gold, that 4206 level is a very strong level

That place will not make it be a change of trend because that's not the high that created this low

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