Price tapped into a 1 hour demand and on the structure changed on the lower timeframe. Our entry is at the price the caused the bos. However, stop loss is a bit lower due to lower demand zones.
Use low risk, 0.50%. This should correlate nicely with NZDUSD.
First entry hit, loss 0.50%. Second entry hit! Lets see how this goes, USE PROPER RISK MANAGMENT. We are risking 1%!
XAUUSD made an inducement to sweep liquidity. 4 Hour structure is bearish. There was a false lower low and lower high to create liquidity that has now been swept. We will wait for a pull back to 1987.730 for sells.
Price is bullish on all timeframe. We are looking for a nice instraday trade!
This is a quick scalp beofre market closure. Price shows a very nice price action and our entry zone swept liquidity then changed character.
Trade 100 pips in profit. Sadly, my limit order did not activate…
Overall higher timeframe, price tapped into an area of supply. Now price changed character on the smaller timeframe. We will begin to look for sells at the last supply.
I closed my position. If you want, take partials and put stop loss to breakeven,
It doesn’t hurt to enter to early. One thing I learned is, you can’t always get the perfect entry.
Price pulled back to mitigate a demand zone that price did not fully retrace too. Then when price tapped into the order block I waited for price to shift structure.
Price tapped into a demand zone and changed characters on the lower timeframe. Price pulled back to possibly sweep liquidity. We are still respecting the uptrend.
Price tapped into our order block and shifted structure on the lower timeframe. Price also took liquidity and creating a strong supply zone to sell at.
This is an aggressive approach using smc. Price took out liquidity and we are entering off the order block that took liquidity.
We were wrong in timing but right in direction. We nore hav extra confirmation on the possible change of character. Price took out lequidity and will enter off the engulfing candle.
This is an AGGRESSIVE buy idea. Price swept liquidity. Typically with big red news folder, price retraces to the supply and demand on higher timeframes.
Price has made a strong retracement on the smaller timeframe. Higher timeframe, we are bearish. On the smaller timeframe confirms we are also bearish. Time to sell!
We are gonna manage profits and risk, we are going to put stoploss to breakeven right now.