Trading Strategy - XAUUSDGOLD / U.S. DOLLARFX_IDC:XAUUSDPPPStrategyThere have been so many changes in TradingView, and this will probably be my last published idea which genuinely resonated with me. I'm not seeking validation or followers. I simply hope to give something back to the TradingView community. I'll leave it to you to decide whether I have found success or failure. Special thanks to @nmike and @mantasg (who may no longer be active here) for their patience, guidance and willingness to share their knowledge. P.S. I use the 5-minute chart to monitor volume spikes, although TradingView only allows to publish 15 min chart. Concepts I do not believe in Candlestick pattern Prediction Stop loss hunt Concepts I believe in Following Daily Trend (Self explanatory) Understand Intraday Swing with volume Price level Volume Entry level and patience Swing High and Lows The concept is similar to Lance Beggs - Understanding Highs and Lows, which is available online. TDLR, Swings high and lows are lagging indicator. A break of previous low does not, by itself, confirms a trend of trend. It confirms the formation of swing highest high. You will then need to determine whether market is entering phase of Continuation Consolidation Reversal Price Level There are three reasons that price price transact at a level, be it buy or sell. a) Stop loss b) Take Profit c) Open new trades Volume High volume - huge interest Low volume - no interest Entry level and patience DO NOT chase when price make new low (buy low sell high mentality), wait for retracement and signs of specific trend is in dominant. Combining these concepts would provides better clarity on swings, movements and a more logical approach in establishing stop-losses. Please refer to exhibit 1 for a brief example. I am only merely explaining the information I could extract from the chart. There is much more behind the scenes, and I do not wish to share my trading rules, strategy and secrets with anyone at all. ================================================ I have no particular comments on other interpretations of swing concepts, nor do I intend to host debates on the subject. This approach works for me. If another approach works for you, I'm equally happy for you. Lastly, I'm happy to answer questions, although more often than not, these rather unconventional concepts seem to confuse people. Mods- feel free to delete if this violates TOS.