WillSebastian

Why You Need All Timeframes..

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Guys,

As you may of seen earlier on my stream, we need to be using all Timeframes to be accurate when trading..

WHY? Well it's simple. Without them you are BLIND to the longer term market.

Short timeframes cater to SHORT TERM Trading. You cannot take long term trades or get a long term view of the market with short term timeframes.

So understand their true purpose and how to use them..

Watch for more.
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Do bear in mind the market CAN raise on very small dips... but do remember you are trading LONG term. So you need to take the LONG term view.
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exit for multiple short side gains. Look to RE short.
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Short Zones : 1960 + 1973.

HIGH Timeframe areas.
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Exit for further profit.
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Enormous fall take all profits now.
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Looking to 1830 for longs.
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Exit all shorts for gains from 1960 fall.

Get long
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Looking for exits circa 1850
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Early Exits taken around 1842, Re long around 1826 area (LIGHT)
Trade active:
Look to get long as we fall. Place A front runner trade with light risk and get more comfortable just over 1810$
Trade closed: target reached:
Exit again for gains.
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Get Long again on the fall to comfortable support.

Lots of smaller levels MUST be broken this is why the price is teetering with poor sentiment.

Exit early Circa 1840.
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Boom straight up to TGT again. Exit for gains.
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Entries can be light due to largely hit area.

Better longs still remain circa 1810 for next week, but still relatively lightly.
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Hold off until we can reach 1812 MIN. 13$ further.
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Make note of todays moves.

Notice clearly how small levels previously formed way back are being broken down.

That’s because there is NO sharp down side impetus and the market is tentatively moving.

Still, our bias remains 1810 light entries 1790 remainders.

Trade it small and safe.
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In lightly on the longside as a front runner. Risk averse traders WAIT until 1790.
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Out for gains early after move from 1810.
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Re long Extremely lightly 1810. Looking for 1790 for much firmer longs. Awaiting sentiment for impetus.
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exit again for gains.
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Looking for very light shorts 1843 and further at 1850. Early Exits PRE planned.
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Exit for gains again.
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Lightly short around 1850.
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Exit for gains, looking for new shorts next week OR longs on a tremendous fall to 1790.
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Look to get short Market Open.

EARLY Exits come around 1843
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Very Tight Margins due to wandering PA.

Hold off light longs until nearer 1824.

Any shorts, Lightly at 1870 Mid-Light at 1888.
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Exit any shorts. Hold off any longs until the mentioned area^
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1790 is our new LZ1. Gauge risk accordingly,

Many news events tomorrow so be ready
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Current area is for extreme light longs and early exits.

1790 is for those who are not actively trading.

Choose wisely
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Exit longs
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Hold off ANY longs until dramatic fall.

Shorts you could take very lightly, risk averse zones coming 1874 and 1882 respectively.
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Looking for News to give us a larger move for entries^
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Hold off shorts until 1888 area
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Main Sentiment (market mood) update to follow:

Silicon valley banks, Inflationary measures / Rate changes.

SPIKING FEAR GAUGE.
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Market Sentiment IMPENDING tomorrow may see harsher changes in Price of gold so we can drop risk accordingly.

Do not guess or gamble the event(s) to come
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Lots of volatility at market open. Any shorts make them very light.
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Exit for gains
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Re short lightly for second/third round of shorts.

Keep an eye on market sentiment and updates.
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Out for gains again on the fall.
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More news Via Retail Sales Tomorrow.

Large fall needed for any longs.
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Great Shorts at Prev highs.

Remember levels are RE attacked and that's why you get falls. Traders move in at these levels to take high price.

1860 is RISK AVERSE zone..

Light longs with very early exits are OK now.
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EXIT longs Taken for scalp gains^
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looking very light shorts.
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Close shorts taken.
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Hold off short LIGHTLY until 1957
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Get lightly short on 5m Entry Confirmation
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Scaling in lightly short Exits come 1965
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Exit for gains today on shorts taken. LIGHT longs are applicable but only for hedge gains.
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Exit light longs for gains.
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Re light long (hedge gains)
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Only lightly short on rises after exiting hedge longs.

We are not shorting now it’s too late.
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Looking to re short 1968 area, any longs now come 1890 on current weak PA. Stay around for FED
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exit any shorts taken.
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Get lightly short.
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Exit shorts again.
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Further RE shorts must be light. looking to RE scale in
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Re short now at prev PA area circa 2000.
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Exit again for gains.
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Do not long unless we get a very harsh fall price is far too high.
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Exit shorts taken via livestream at 2000.
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Risk averse longs circa 1886 (further fall) Hedge longs can start now but extremely light. Only short on returns to prev PA nearer 2010 area
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ATLEAST 1915 for longs.
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1980 look short.
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If you took early shorts then close out
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Looking short just above PREV high. Use higher timeframes to see the clearness of short side trading.
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Market highs and lows on lower TFs notably are meeting closer. Eventually this ends ONE way.

Up or down.

Let the market move and THEN make your trade. Do not guess.

Looking 1910 Longs and 2015 Shorts. Short side far more attractive.
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Eyes on rest of week MANY news events. make sure you are watching your broker at all times.
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Looking short.
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Close for gains.
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Happy Easter all! Looking short as we get into this week at current previous PA
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Starting to look RE short Front runner 2025 remainder 2040
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Scaling in short now looking for larger falls. SEE last time and this post.
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If you are thinking about being long... Do not be.
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Gold getting slapped down RE short any pops back up to PREV highs
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Re Shorts Circa 2045 Semi LIGHT
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Keep a VERY close eye on news today. You need to be ready and have order set ^ Shorts Higher ^
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Short now
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Shorts killed for gains nearer 2005. Long zone persists at that point and poor sentiment is holding gold where it is. Any positions need to be light and sideways traded.
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Watch how Gold is struggling to push higher.

Thats because of a mixture of weak downside PA and the fact that early support exists.

Finally (and inevitably) gold will fall a long way.

You just need to treat the market with the correct medicine for the way it is now. Any pushes RE to the highs will be taken short.
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Re shorts pushes.
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Out of all shorts. Long lower circa 1910
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Today comes the big news. Long Orders and short orders can be set higher and lower PRE news.
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Shorts Circa 1970 Longs circa 1910-1915

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