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Lesson 10: Gold Sell and Buy Orders — 27 Jan (Two Mirror Setups)
Key Strategy Concepts
Two Equal Setups — One Sell, One Buy
- Same session (NY), almost identical setup structure
- One on the ASK (sell signal), one on the BID (buy signal)
- Shows the strategy works in BOTH directions
The Complete Picture Routine
- Always start with the bigger picture on higher and lower timeframes
- Look for big numbers on bid AND ask from recent moves
- Identify which levels had serious delta pressure
SELL Setup (Ask Side)
- Price returned to a level where big numbers previously appeared
- 4 bars in a row on the ask side, each with 20+ contracts
- One last big delta shift (positive spike → then negative)
- Combined with: imbalance level + supply + equal highs from left side
- 80-90% probability price moves the other direction when this pattern appears at a key level
- During London-to-NY overlap = powerful timing
BUY Setup (Bid Side)
- At the lows: 21 over 0 on the bid side (buyers)
- Multiple levels in a row: 30, 20, 11, 21 = ~100 contracts total
- "Double-triple-quadruple levels in a row" = strong institutional buying
- Delta shifts from negative to positive
- 90 contracts on the bid = market orders from buyers
- Price moved 80 pips from 9022-9020 to 9030 area
Gold's Unique Character
- Gold creates these multi-bar imbalance patterns repeatedly
- Crude sometimes prints 1-2 big numbers, but gold does 3-4+ in a row
- Gold "has the habit to test" — expect one retest before the move
- Even with the retest, price respects the cluster level
Key Pattern: Multi-Bar Imbalance
- 3-4 consecutive bars showing big numbers on same side (ask or bid)
- Total contracts: 80-100+ across the bars
- Delta shift confirms (positive → negative for sells, negative → positive for buys)
- At a key level (value area high/low, equal highs/lows, supply/demand)
- = 80-90% probability of reversal
Risk Management
- Don't be greedy — take profits off the table
- Especially on Friday
- 80 pips is a "pretty nice movement" — don't wait for more
- Two trades in one session = great day