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.
Dagangan aktif
price reacting to the buying zone.. i will expect price to reach out to the selling zone or near to it, then dropping..Nota
if you take BUY in the BUYING ZONE, you are in green now :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.