iam_melvinsmith

iam_melvinsmith

SHEESH Ive always heard about how XAUUSD has those moves overnight everybody talks about waking up, This green line was my entry, You see My SL and my Buy. Im still in currently. I got a alert for it and then just taking the top off of my TP. Adding smaller lots during certain Levels and wicks I Had a great pay out just riding this down fully

iam_melvinsmith

Hey! so on this trade is very simple, however I was doing a training and the person drew there fib diffrent from me, so I Drew the fibs multiple ways and it still respected the .50 and the trade ran into place

iam_melvinsmith

SO I SAW a uptrend, and a great break for a fib to draw. once it respected its gold zone I went to where price was once at and made that my take profit and it got hit ! slowly building confidence back up

iam_melvinsmith

Last night with Trader @calvinnsmithh @eecclest @jnmasters, Friday Morning London Session. In confluence with a downtrend. An order block only seen by Jordan Masters. Calvin Showed me how divergence work and what to look for for a downtrend trade on SPX. Elias had the word and it was ago

iam_melvinsmith

This morning When I woke up I saw a super nice retracement, So when I got to the park it respected My .618 Fib level headed on a uptrend so at 8:00 I bought it after doing crunches, I was in pain but this was a great setup. My only worry were the gab the market created however Wicks did fill the area. Solid trade I feel good about

iam_melvinsmith

On a live session I noticed this pair was at entry going for a sell, Once drawing my fibs I noticed it respected the 38.2 level headed to the downside, with that confluence swell as my price channel I decided to buy it So it was a nice TP

iam_melvinsmith

So Based of of what you see. I simply traded off support and resistance, With price staying within the SRT and having very clear Reversal zones I decided to sell down and TP hit. Then with it respecting the Support I was able to buy up to the resistance ++++ the Buy position is a 20pip SL+++++

iam_melvinsmith

So I see a downtrend with consolidation I use SRT to trap price. I don't really trade like this but I wanted to try it. I saw structure and found prices of break on levels both ways. Try are inside of my price channel so I know about how much the move should make before another interaction of the market. lets see how this plays out.. 1:26am London session.....

iam_melvinsmith

So I saw an uptrend and a major consolidation in the chart. I drew my fibs from the break of it to the top of the trend. Right before the pullback on the retracement. this was a simple trade a nice move and Hit Tp

iam_melvinsmith

I GOT TO TRAIN ^ FIGURE LADIES OVER HOW TO GET THEY TEAM RIGHT.. IM SO HAPPY

iam_melvinsmith

So I was visiting my sister and she asked how did I get good at forex. I said I see things, sometimes I see faces and the market talks to me I just know. She asked where Do I see a face and I said what do you see. She looked at this and Said its Donald trump face, I actually see it too.. and he moves the markets, so it makes sense.

iam_melvinsmith Updated 

So I have seen an amazing buy setup. I drew my price channel and when I drew my fibs. The long red bearish candle closed on top of my 0.5 on my fibs. I got in for a buy. The next candle opened to the downside and dropped, the Market structure was broken while I was in, this is the first time I've really dealt with drawdown. It broke out of my channel and it...

iam_melvinsmith

SO this was pretty simple, Once I saw this setup I decided to mark a trade idea for my team for fun. I dont trade Sundays but this downtrend was Really nice once it closed under the 50 it took off and ran into the TPs. Nice setup!

iam_melvinsmith

SO I seen a easy sell coming off my 236 zones and it was a downtrend on my 50% line. SO once it respected my Diagonal support I took a buy and rode it to the upside. back to the area of consolidation, I honestly might start trading the reserves If it was that simple

iam_melvinsmith Updated 

So When I saw this first thing I looked at on the hour time frame, I saw Market structure break, so Im looking for a sell. I drew my fibs and it respected under my sell zone of .382 however. the candle continued going up so I waited. once out of my fib levels I drew my Price Channel to trap price and it respected my top zone as well as the High making the Diagonal...

iam_melvinsmith Updated 

So with this trade, I simply noticed it's on an uptrend. I drew my fib from the bottom of the candle to the top of the break. When it was already on my 61.8 on the 15 minute time frame. I've seen this setup a lot the swing points on the 61.8 was on its third swing and if it goes to plan this will break the resistance and go for 35pips,. Will update once trade hits !

iam_melvinsmith Updated 

For this buy, I had multiple confluences. the first one is my trendline headed to the upside. second one is price is on the 50% line of the price channel. another confluences was the fib reacting off the 23.6 Multiple tps I'm going for 25pips for a scalp

iam_melvinsmith Updated 

So I agree with this coming from my 4 hr time frame.. I see the downtrend for the confluence along with the fib levels. Im pretty tired so I cant fully focus on it how I do but I agree with this setup.. Selling at 2;15