Trading levels for 01/07/2019I wish you guys a happy new year, I hope you were able to enjoy your holidays with friends and family. Coming back to the charts I see the 4H chart coming to a previous structure at 6480, also we have the 50 fib level around 6494, this might be a nice zone to start some short, and if the market starts moving lower i like S1 (6296) to start thinking on taking some longs.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Forex-gold
Trading levels 12/20/2018what a day, Fed days are usually slow with no volatility, but today was quite the opposite, a lot of volume in the morning and after the announcement. Moving forward i will expect a correction, currently, we are at the completion of an AB -CD pattern at 6288 and also we are at the bottom of the descending channel.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/14/2018The market came really close to our selling area on TH, and after price broke the trendline we knew we had a good chance to keep moving lower but had no entry as well, overall it was a good day for us. Tomorrow i am going to keep an eye on S2 (6655), i think that is going to be a nice area to look for long entries, there is some structure as well around the same area.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/13/2018We had a little bit of selling momentum later in the market on Wednesday, but price came right back to the ascending trend-line, therefore short term we are bullish, and if the market continues to rally we have our first resistance zone between YH and R1 (845-872), in the other hand if we have some selling pressure i will expect the S2 zone ( 651-671) to be a nice support area.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/12/18Hey guys, here are the levels for Wed, i was not able to trade on Mon and Tue due to some kind of virus that i got, but we are ready to continue on our journey. Moving forward it looks like the market is putting some HHs and HLs, if we can not break 6800 i think the market has a good chance of testing 6500.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/10/2018Hey guys, i hope you had a great weekend, coming back to the charts we see the NQ moving lower, it might test the 6450 low that we had a couple of weeks ago, if that is the case i might look to take some longs at S2 around 6432, and if the market starts to rally i will keep an eye in the Pivopoint along with DTL to get some shorts.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
XAUUSD. Neutral. Whichever way it breaksout, take the trade. Trading Criteria:
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow border boxes), or five daily candles for solid yellow boxes. If you're a pattern trader or pinbar trader, this might be useful here.
Wait for the breakout of the 4hr. consolidation or daily consolidation from red border boxes to take the trade. Red border boxes are the High/Low of a consolidation period inside the consolidation zone. I usually aim for 80% of the weekly ATR (or monthly ATR for yellow solid boxes) taking profit but not always at the next yellow box. I place my stop loss above/below red border box.
*These zones, with the inclusion of price action described above, have remarkable accuracy.
Yellow border box: weekly consolidation zone
Yellow solid box: monthly consolidation zone
Red border box: High/Low breakout box (5 minimum candles)
Grey solid box: monthly grid block
Trading levels 12/07/2018Hey guys, i hope you are having fun in the markets, a lot volatility thanks to news and tweets coming our way. Moving forward the market respected the short-term ascending trend-line, i will expect a small correction for now, but i think the market wants to push higher.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/06/2018These levels are based on Tuesday's trading hours, and might not have a lot of weight into tomorrow's session. The only suggestion for you guys in the short term is try to stay away from swing trading, with all the news coming to us this market is completely unpredictable.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/04/2018After the break out of the descending trendline we can expect a correction, a nice place to start some longs its going to be around S2 which is 6968, which is where the gap would be filled, or 6920 at S3 where the DTL lies as well. I will wait and see how fast price goes down to these level if it goes down, otherwise, i will be looking forward to the breakout of 7116.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 12/03/2018November was a decent month for us, we were up 7.22% with an average winning % of 83.33. Moving forward, i am not using the pivopoints tomorrow, market is above all the levels and i think at this point they are irrelevant even if there is a correction. Maybe one place to start some longs might be YH or YC.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 11/30/2018The market was rejected from the descending trendline, i think that tomorrow there might be a small correction, is the last day of the month so there is a lot of profit taking and rebalancing of portfolios, therefore we might have some nice volatility, i would keep an eye in the overnight session before making any decisions tomorrow morning.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 11/28/2018The market is breaking above the short term DTL, we might see a push to the upside tomorrow, but if a correction occurs I will be looking to take a long position at the S1 level which is 6642, short term the market looks bullish but there is an additional DTL above .
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 11/21/2018Most of the trading happened in the morning on Tuesday, tomorrow Wednesday it might be more of the same, therefore, we might stop trading around noon, depending on volatility at that time. Moving forward the zones that we will be looking to take some trader are for longs the 6400 area, we have the completion of the AB-CD pattern, plus the 161.8 extension, in the other hand we like R2 for shorts we have previous structure plus the 61.8 retracement.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 11/20/2018Hopefully tomorrow we will have the same volatility as today, we will be looking at R1 to start some shorts, this level together with the descending trendline will put some pressure for the bulls, in the other hand S1 looks like a perfect place to take some longs, at this level there is some structure, as well as the 1.27 fib extension.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 11/19/2018Holliday week coming ahead of us, the market seems slow, and i think that's going to be the tempo for the rest of the week. For tomorrow i like S2 as a buying point, and if the market moves higher R2 seems like a good place to start some shorts, there is some fib levels around that area as well, so i will be paying attention to the 6980 to 7000 zone.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.