voila! a h4 eg to eg move.

Waiting at the Riverband

beautiful set up. free trade with BE. maybe pick the low hanging fruit at mid fib. 2 illustations for you to diligently master this method.

Waiting at the Riverband

continuing with yesterday's illustration although now not at the appropriate time. price can still be developing and invalid the set up. a ef with eg is similar to rbp.

Waiting at the Riverband

another tp at 62 fib.

Waiting at the Riverband

look through today what i had demonstrated using h4 - m30 - m5 - rpg. hey you skipped so many steps jumping from h4 to m1 and expect to win? fix m5 as your entry time frame. do not look lower than that. put in the lowest possible position size 0.01 ...

Waiting at the Riverband

tell me what time frames that you are looking at.

Waiting at the Riverband

the rbp already shows liquidity sweep albeit a minor one. price may not drop for liquidity below then you miss out trade. you can always do a dca. best of both worlds. you have to draw on your past trading experience to take the trade or not. also ...

Waiting at the Riverband

pick the low hanging fruit around mid fib if you want to go out to play

Waiting at the Riverband

previous worry about liquidity probably cleared. url

Waiting at the Riverband

just watch. not to trade.

Waiting at the Riverband

if you are talking about rbp pullback SL, we have the head and the right shoulders. some use candle close at right shoulders engulfs for tighter stop. some use candle close at the head engulf for more breathing room.

Waiting at the Riverband

should close trades due to upcoming red news. don't play around with CPI.

Waiting at the Riverband

inside all the 3 engulfs you search for rbp for breakout or pullback entry. rbp is used to verify the engulfings and can appear in any time frames. SL is candle close below engulf.

Waiting at the Riverband

next drill down is m15/m5.

Waiting at the Riverband

the fastest set up is from using htf h4 and drill down. i prefer h1/m30.

Waiting at the Riverband

it is much better to study a market session than to be lost in trading. what can we learn here from consolidation zones? htf right down to m1? movement and testing of one consolidation zone to another. if you have problem seeing candle sticks put on ...

Waiting at the Riverband

drop to previous consolidation zone. watch.

Waiting at the Riverband

i think one more up move to target before drop

Waiting at the Riverband

during new york, gold may extend the up move to the resistances above. there is also the possibility of going for europe low liquidity before the up move. of course i can be dead wrong.

Waiting at the Riverband

from what i see there are only so many ways. 1. hhhl 2. trend line 3. moving average but the main problem is which time frame to use? that's why for me it's the drilling down from the htf eg to the ltf eg.

Waiting at the Riverband