Market Structure Trader π Forex β’ crypto β’ Indices t.me/trade_wayo Structure to Profit π°π€
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It's been a week now since i stepped away from the chartsπ
I had my IT defense and it's done.
The past week was a slow one, however I'm back on the charts.
Studying, reviewing and refining my edge in the market while preparing for the new week ahead.
STP π° π€
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Depending on the fed chairman warsh speech, I'm waiting to see a valid CHOCH happen on the daily timeframe this week, so the rest of the month i know to keep buying.
Well it's up to the market.
The #Us30 bias i dropped few weks back is in motion and structure has been creating a series of higher highs and higher lows on the daily timeframe, regardless of the cpi and ppi news results that ought to make it dump.
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The #Us30 bias i dropped few weks back is in motion and structure has been creating a series of higher highs and higher lows on the daily timeframe, regardless of the cpi and ppi news results that ought to make it dump.
US30 is one Iβm watching closely this month, price has been selling for a while, and technically, Iβm seeing a potential reversal zone.
NFP tomorrow should give more clarity on whether buyers can hold the zone.
If both technicals and fundamentals align, Iβll look for buy setupsπ€
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Structure has presented it self bearish on $GBPCAD after the daily sweep of a major supply
level followd by a CISD.
waiting for the right confirmation to follow the 4hr market structure.
Should be end this week profitably if the setup plays outπ€¦πΎββοΈ
No Confirmation, no execution.
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7RR setup on #ger40 ended up as a lossing trade.
This week has been full of missed entries and opportunities for me plus 1 lossing trade π
Same process that fetch profit can also fetch loss.
How much are you risking to find out ?π«΅πΏ
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New 10k @fundingpips 2 step flex acc securedβοΈ
Let's see what the next few weeks of the month brings
Structure to Profit π° π€
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It's a different kind of pain when you have the right bias, right confirmation but failed to excute and amidst all of that, finally execute and get a missed entry for a trade that went all the way to 20RR.
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Trendline, SnR, SMC, ICT, it doesnβt matter.
If you can frame your trade with:
HTF β Direction
MTF β Mitigation/structure
LTF β Execution
Trading becomes a step easier.π€
I don't care what strategy you tradeπ€·πΏββοΈ
These are the three basic sequence in technical analysis: Higher timeframe bias, medium timeframe structure, lower timeframe confirmation/ execution.
Skip one and your loss is inevitableπ«΅πΏ
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You will learn the hard way since you have decided $XAUUSD or nothingπ«΅πΏ
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The first step in framing a trade ideas is listening to what the market is saying and paying attention to what price is doing.
Bias before entry π
#Uk100 is saying something on the higher timeframe, pay close attention and don't miss it πππΏββοΈ
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#Uk100 is saying something on the higher timeframe, pay close attention and don't miss it πππΏββοΈ
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Many traders are still struggling to stick to a system consistently and wonders why the results are red.
Listen, if you dont have a model that frames your trade ideas, you'll keep repeating the same failed process.ππ½
I don't care what strategy you tradeπ€·πΏββοΈ
These are the three basic sequence in technical analysis: Higher timeframe bias, medium timeframe structure, lower timeframe confirmation/ execution.
Skip one and your loss is inevitableπ«΅πΏ
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I don't care what strategy you tradeπ€·πΏββοΈ
These are the three basic sequence in technical analysis: Higher timeframe bias, medium timeframe structure, lower timeframe confirmation/ execution.
Skip one and your loss is inevitableπ«΅πΏ
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Sell bias on $XAUUSD using the higher timeframe market structure.
NFA, this is purely from a technical pov. DYOR π€
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