09/06/24 *NFP MAJOR WIN* - FULL BREAKDOWN (+125 PIPS)+ PRO TIPS!

٦ سبتمبر ٢٠٢٤

HELLO MY FELLOW WINNERS LET'S GET RIGHT TO IT. READ TIL THE END FOR A SUPER PRO TIP! ENJOY.

ALL UPVOTES NOT NEEDED BUT MUCH APPRECIATED, LETS GO!




Firstly, understand what's going on with market structure and trend. Since early august, we have been in this zone represented above. How did i know this zone was exactly correct? easy. Go on higher timeframes (4h, D, W) and did the following:

1) search for Areas of Interest (areas where price seems gravitated to and tends to consistently create big moves from) and mark them off like you would supply and demand.
2) Then draw out your Fibonacci Retracement (a KEY tool in my trading) to determine where exactly price is.
3) check out market structure and candlestick structure on analysis timeframe then break it down on lower timeframes.

THE REASON YOU DO ANALYZE ON HIGHER TIMEFRAMES (4H - 1W[sometimes 1H]) IS BECAUSE THERES LITTLE TO NO NOISE (RANDOM DATA THAT DOESNT MAKE IT INTO MACROSTRUCTURE) THEREFORE ITS THE MOST RELIABLE DATA.

NOW FOR WHAT HAPPENED TODAY AND HOW I ENTERED BASED ON MY MARKUP IVE HAD ON HERE FOR A WHILE. NEWS WAS WORSE THAN EXPECTED SO I WAS ONLY LOOKING FOR BEARISH OPPORTUNITY AS ITS A MUCH HIGHER CHANCE I WONT GET FAKED OR PRICE REVERSED ON.



Now, If you look closely at the first screenshot, you can see a small yellow box where price was at that moment. when broken down to smaller timeframe it becomes this big box. this IS an area of interest but on the 15m to assist me in my entries as entry timeframes are basically anytime 45m and under. the idea was that since price had made it from where it was in screenshot 1 to 2 relatively fast, THEREFORE, if it all of a sudden hard stops and begins respecting this area of interest (the 15m) that helped me a few days ago secure a win then it would most likely just be a retest zone.

(*OBVIOUSLY IM NOT HOUDINI I DIDNT KNOW FOR SURE IF IT WOULD GO TO THE YELLOW ZONE OR JUST TANK NOW, SO WHAT DID I DO? be patient and professional. simply that. i knew what i wanted so it either does what i want and i look for my entry OR it doesnt listen and i dont take a trade. a lot of people wont like this but the reality is theres not always a good entry opportunity so sometimes you take no trades. I digress...

Since the likelyhood of price hard stopping on NFP day is usually LITERALLY dang near 0% and it did it so gracefully, this combined with my multiple reasons for entry ( overall bearish trend, fib retracement playing out perfectly, zone being respected on NFP day, and it occuring on a previous repeatedly respected area and on the 1m it had since the respecting of the area made two Lh and LLs.) this was MORE than enough to take the trade in confidence. and at this point its simple watching and managing my order.

Then broke structure on lower timeframe and i knew it would fly towards tp cause sentiment (traders with FOMO) always kick in after a sharp reversal + multiple bearish structure confirmations + ALL my original reasons for entry. (notice how calculated this is guys.)



SO I MADE IT RISK FREE. Took 20% partials from trade and I trailed my stop loss around 40 pips in profit, and let it run. TPS SMACKED!

BONUS: 2 PRO TIPS ALL PROS DO:

1) SECURE PROFITS AND NOT BE A GREEDY BUTTHEAD!! NOTHING HURTS MORE THAN WINNING AND TURNING INTO A LOSS!!! FEED YOURSELF FOR THE PROPER ENTRY SOME PROFIT IS BETTER THAN NONE.
2. KEEP IN MIND A GOOD ANALYSIS CAN LAST LITERALLY WEEKS OR MORE........ ITS BEEN OVER A MONTH AND MY FOUNDATIONAL MARKUP HAS HELPED ME CATCH BUYS AND SELLS AND WAS STILL RELEVANT IN NFP.***

HOPE YOU GUYS ENJOYED, ASK ANYTHING BELOW AND SHARE WITH OTHERS!