LegendSince

GOLD - 7 Red Folders, Minor Price Fluxuation

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Tuesday was the 8:30am news release that sent shockwaves to short term scalpers as the bottom fell out @ 2011.50.
What's surprising is, the amount of 'high-impact' news that was released was less than Thursday 15th but yet, the market was able to move more violently.
What this shows is, it docent matter if a day is packed with news, it does not confirm 100% high volatility for the day or session.
Always stay sharp!

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.