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Forex-gold

GOLD ANALYSIS (15YO TRADER)WEEKLY- I set my timeframe to weekly so that I can set my area of support and resistance. and also to see what is the current market stage is and it is currently in its Distribution stage. Daily- I set my Timeframe to daily so that I can start predicting what will or where will the market go. And based on my analysis the market is in its resistance and also on a downtrend. I can say that it continues and push lower. 4h- I set my timeframe to daily so that I can confirm my analysis on a daily timeframe, and it formed a descending triangle that indicates a high seller pressure. The triangle is formed just above its resistance and it might break soon. I will put my short position after the market pushes lower and go back below its resistance. I will put my SL just a little bit higher so that I won't be stoped. (not a Professional)
TVC:GOLDShort
by fancybigboss
2
Reasons to Buy Gold1) Good risk to reward ratio (1 to 4) The price approached the strong support level of 1795 and a strong support line (there is an exact entry to open a trade) 2) The price has recently made a false breakout of support, this is a good buy signal. A month ago, there was a false breakout of the resistance line, after which the price fell sharply. 3) The line and level of support 1795 are stronger than the resistance lines. Since the support is on a higher timeframe. 4) trend is growing.
FX_IDC:XAUUSDLong
by DeGRAM
16
GOLD Running +4.4% gain - WHOS IN THE BUYS?Where you on the BUYS - or did you hit your SL? NO TECH HERE! Simply follow the strategy which identifies a trend and prints a trade to follow! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!
OANDA:XAUUSD
by congibb
1
EURUSD It will collapse downward +350 PipsWelcome Back. Please support this idea with LIKE if you find it useful. *** If the decline continues, this will break the support it faces, because the euro will weaken after several days against the US dollar. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice.
Short
by Saeed966
11
EURCAD It will fall at the resistance +90 PipsWelcome Back. Please support this idea with LIKE if you find it useful. *** When it reaches the resistance it approaches and did not break it, it will head towards the downside according to the scenario that you set. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice.
Short
by Saeed966
1
EURUSD It will go down to support +250 PipsWelcome Back. Please support this idea with LIKE if you find it useful. *** In the event that he does not break the resistance, of course he will head towards the drop to the mentioned support, but it is preferable to sell after waiting because he could not break. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice.
Short
by Saeed966
19