Video summary
16 September | Trading Live Session
Main summary
Key takeaways
Finance-Focused Summary
The livestream focused exclusively on gold (XAU/USD) ahead of an FOMC announcement. The presenter viewed gold as range-bound before the news and repeatedly cautioned against trading inside the range or gambling on the release. He expected volatility in both directions, potentially sweeping buyers and sellers before a clearer setup emerged.
Market View and Trade Plans
- Before FOMC, the presenter favored a possible sell near 4389–4393, but advised waiting for price to reach marked zones and show a reaction.
- He also expected price might first take out the FOMC high—identified as 4366—before a possible sale. As the session developed, his bias shifted toward waiting for confirmation of a possible buy, with the weekly open or FOMC high mentioned as potential targets.
- Price was said to be holding above a weekly-opening area and reacting at marked zones. The presenter interpreted the inability to break nearby swing lows as a sign of strength, but warned against selling aggressively on that basis alone.
- After a later attempted buy, the presenter reported that his stop-loss was hit. He then said price was falling aggressively and advised against taking either a buy or a sell until conditions clarified.
- He identified a later potential buying zone near 4199, while saying there was no other clear trade at that point.
- Several price references in the subtitles appear inconsistent or corrupted, including the stated FOMC high and other levels. Treat them as transcribed figures, not verified quotes.
Trading Framework
- Mark weekly, monthly, daily, and intraday zones using the presenter’s standard-deviation approach. He distinguished his levels from commonly used standard deviation.
- For a standard-deviation setup, he said to use data from the three candles preceding the candle being analyzed.
- Use time-based Fibonacci/time deviation to identify potential time windows, then check whether price levels align with those windows. He described a weekly example using a swing high and low, with time windows around −4 and −4.5 and price levels including −2.75.
- Treat zones as areas of interest, not automatic entries. Wait for price to reach a zone, stabilize, and form a structure.
- One proposed entry condition was a 15-minute candle-body close above a zone, followed by a retest. He said to place the stop beyond the retest area. In the described attempt, he cited a roughly 60-pip stop-loss, but the trade was stopped out.
- He also referred to using market-structure shifts (MSS) and suggested entries should follow the current market structure rather than a fixed setup.
- Avoid entering during a fast-moving news spike; wait for the post-news structure to develop.
Numbers and Performance Claims
- Pre-news range/selling area: 4389–4393
- Weekly low referenced: approximately 4262
- FOMC high referenced: 4366
- Later potential buying zone: approximately 4199
- The presenter claimed earlier analysis had produced moves of about 300 pips and 500 pips. These were his own retrospective claims.
- He said he had taken two stop-losses that morning and reported that the livestream buy attempt was stopped out.
- He also described a separate gold swing trade entered around 4265, saying it had moved nearly 1,000 pips at one point but was then around breakeven. These performance statements are self-reported and difficult to verify from the subtitles.
Risk Management and Cautions
- Do not place buy-stop or sell-stop orders simply to gamble on FOMC. He warned that rapid moves and broker execution could make those trades difficult to manage.
- Let the market react to the news, then assess any new structure. If no valid setup appears, stop trading for the day.
- He advised limiting activity to roughly one or two trades, rather than trying to recover account losses with a single news trade.
- He emphasized waiting for confirmation and accepting a missed trade over entering an unstable market.
Instruments and Sources
- Asset: Gold / XAU/USD
- Macro event: FOMC announcement
- Presenter: XBlackLion
- Referenced methodology/source: ICT concepts. The presenter said his standard-deviation levels were his own and referenced his Telegram posts and Discord sessions.
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