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I’m sharing a Gold counter-trend trading strategy that works around 60–70% of the time.
Once the Asia session is complete, draw a Fixed Range Volume Profile from 6:30 AM to 12:30 PM and apply VWAP starting from the day’s open.
When the London session opens, in 60–70% cases price is far away from Asia POC + VWAP. In 20–30% cases, price stays near Asia POC + VWAP.
At London open, there are two entry types:
Case 1: Counter Trade
If price is far from Asia POC + VWAP, wait for slight consolidation. Use EMA 20 + Cumulative Delta for confirmation. When price shows weakness from the top or strength from the bottom, it usually travels back to Asia POC + VWAP. Stop loss stays at the consolidation high or low. Risk–Reward ~ 1:3.
Case 2: One-Side Move
If price is near Asia POC + VWAP at London open, expect a strong one-directional move. Direction is confirmed by price closing above or below POC + VWAP + CVD. EMA 20 is optional here since price near VWAP often leads to a one-way move. Stop loss below the low, target gives 1:3 R:R.
Risk per trade should be 2–5%, depending on the trader’s mindset, experience, and financial condition
Full explanation here: https://t.co/ly26268XSO
Thanks 🙏
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You might be in a stage, where your 2 trade losses are bigger than your 1 month profit.
The day when your 2 Trades profit covers your 10 trades losses, you will do best in your Trading career.
Just work hard for that beautiful day. It will definitely come.
#trading
@cprbykgs GD evening sir.... From where to get these cpr with marked levels by names..that is monthly resistance,monthly support nd all,..I m using cpr by kgs on trading view...but not getting the names of the levels mentioned
#sardaen
Analysis of Sarda Energy weekly chart
Entire Metal sector is ready for a move and this one was one of the higher mover in previous Metal run
@Arpit1223
Now lets talk about qty - i think to achieve this number 135-165qty in nifty bank is sufficient whether you buy or sell, freeze this qty, & follow this approach, you might do well or atleast losses will be capped
#nifty50#NiftyBank#OptionsTrading#optionbuying#Optionselling
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Happy Trading:)
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Top 10 innovations by @mystockedge that give an Edge to any Swing Trader or Momentum Investor.
All outputs are from my 18+ years of market experience and using multiple tools like Bloomberg, Reuters, etc.
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