dwtrader
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Waiting for new 4H candle + 1H FVG
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Here's just a quick breakdown on FVG's. Arjo on Youtube is the best in explaining FVG's. But this is a general diagram.
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Gold is still below Monday's VWAP - so for the week, still bearish. But prev. day as well as the current day vwap is flat. not worth trading this.
FOMC tonight so I think market is waiting. Will be interesting to see if the "trend" from Monday will sustain and we see price go lower.
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Gold respected VWAP very well. Would like to see some shorts setting up later today.
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Solid setup on DOW this morning.
Below VWAP + 1H FVG
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Was actually recording a video of this while the trade was active. Will post that reel later today.
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Come check it out. πŸ˜ƒ
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Something I'm looking at for NY session.
But it is US bank holiday.
dwtrader
https://www.youtube.com/live/ryeoFfqVg74?si=m4K8mb1HHIra43GQ
Took this trade on the live stream, well the limit got tagged in the live stream :D
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dwtrader
Something I'm looking at for NY session. But it is US bank holiday.
This setup has now been degraded to a B setup and not A+ anymore.
Ideally, I want the FVG to stay unmitigated and only get traded back into with the new 4H candle.
dwtrader
Solid setup on DOW this morning. Below VWAP + 1H FVG
Price respected the new day vwap all day long. Great indication of which direction to trade.
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Good morning guys. some setups I'm looking at. DAX
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Nasdaq
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