H4 Gold Daily: My Trading Zone for This Week
تم تحديثه
I always trade on the "high liquidity zone" which is basically supply and demand zone.
from H4, this clearly marked as as high liquidity zone.
I will find an opportunity for SELL or BUY on those zone.
the entry itself will be defined as usual using the following rules:
1. Liqudity Grab on Higher Timeframe (H4). as long as there's liquidity grab on H4 on the zone (can be identify as a wick of the candle. the longer the wick, the better the opportunity)
2. Then use smaller timeframe (M15) to get a valid Change of Character (Choch). e.g: for SELL zone, i will wait the price to break the latest highest low. for BUY zone, i will wait the price to break the latest lowest high.
learn more about CHOCH here phantomtradingfx.com/trading/what-is-a-choch-in-forex/
3. Once choch is confirmed, then wait at the nearest order block / FVG area for the entry. the RR ratio is usually at least 1:5 for gold.
from H4, this clearly marked as as high liquidity zone.
I will find an opportunity for SELL or BUY on those zone.
the entry itself will be defined as usual using the following rules:
1. Liqudity Grab on Higher Timeframe (H4). as long as there's liquidity grab on H4 on the zone (can be identify as a wick of the candle. the longer the wick, the better the opportunity)
2. Then use smaller timeframe (M15) to get a valid Change of Character (Choch). e.g: for SELL zone, i will wait the price to break the latest highest low. for BUY zone, i will wait the price to break the latest lowest high.
learn more about CHOCH here phantomtradingfx.com/trading/what-is-a-choch-in-forex/
3. Once choch is confirmed, then wait at the nearest order block / FVG area for the entry. the RR ratio is usually at least 1:5 for gold.
تم فتح الصفقة
price reacting to the buying zone.. i will expect price to reach out to the selling zone or near to it, then dropping..ملاحظة
if you take BUY in the BUYING ZONE, you are in green now :)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.