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GoldViewFX - Market UPDATE - BOOOOOM!!!!!!!Hey Everyone, What a PIPTASTIC start to the year. Please see our 4H chart update which has now been complete with a perfect finish just on the channel top. This is the power of a Goldturn channel and not the standard channels used by all. Our use of EMAs to draw levels and channels allows us to measure the momentum with perfection using our formula. As stated yesterday, every dip will be a buying opportunity. We took our cleans buys from the sip with a perfect TP hit on our level. Price is now back in the channel, so our setup is valid once again for level to level trading using our EMA5 cross to confirm each level. Until we see the channel break we will continue to buy dips within the channel low. Please also keep in mind our weekly analysis for our longer range target still in play. EMA5 CROSS AND LOCK ABOVE 1822 WILL OPEN 1828, 1836, 1843 AND 1848 - DONE BULLISH TARGETS 1828 - DONE 1836 - DONE 1843 - DONE 1848 - DONE BEARISH TARGETS 1822 1817 1807 1802 EMA5 CROSS AND LOCK BELOW 1802 WILL OPEN 1793, 1785, 1779, 1772 SWING RANGE 1779 - 1772 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
8
GoldViewFX - Market UPDATE - BOOOOM!!!!!!Hey Everyone, A fantastic finish to the week with all our targets HIT across all our ideas for the week!!! Yesterday we posted this idea again, stating the price had come back into the channel and found support on previous resistance structure. We then suggested the targets were re-open marked with an arrow to the channel TOP. This played out to perfection!! We rode the buy all the way to 1862 and took profit to close the week. All our targets across all timeframes are now complete. We will now come back Sunday with our multi timeframe analysis and ideas for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
2
GoldViewFX - Market UPDATEHey Everyone, Please see our 4h chart idea that we have been tracking. All our Bullish targets now HIT with a nice break out off the channel top. Price then rejected at the resistance structure and now back in the Goldturn channel testing previous resistance, as support. We are seeing a nice push up here with potential to go test the high from here again or a break below this level and we will see a test of the channel bottom. We are trading this from dips and any buys stuck above we comfortably manage with layers from the bottom. The Ascending Bullish Goldturn channel is still being respected so our plans remain the same. Risk and range management is equally important. When you enter a trade in a direction too early, one should never be afraid to take a chop and secure a better entry from reversal. Its a skill mentally and strategically. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
10
USDCAD: Buy the dip strategy in short termHi everyone! From a technical point of view on main time frame the trend still remains bearish, but at the same time we think that USD/CAD pair could trigger a bullish consolidation on one hour chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish also some updates on intrady chart. Technically speaking, our strategy is simple: "Buy the dip"! Thanks for your support, Like & Comments and I hope to be helpful! 💖 Trade with care! Anonymous Trader
Long
by TheAnonymousBanker
1
GoldViewFX - Market UPDATEHey Everyone, This is the weekly chart we have been tracking level to level from the dip and then all the way up hitting all targets so far, with our final target at 1858 HIT today Boooom !!!!! LAST UPDATE We have now seen 5 weekly candle body close above 1787 opening up a long range gap target to 1858, but this time we have a EMA5 cross with the candle body close above 1787 confirming and strengthening the movement. As always we will need to expect and have a plan for any retracements driven by volatility in the markets. - COMPLETE Please note when this level was historically challenged, every time we had at least a re-challenge on this level, more than once. Even wick outs are retested on this level but a candle body close above this levels will secure the retest even for weeks coming. Therefore, we do expect another challenge on this level at some point. We will continue to trade this from buying dips and using our smaller timeframes to pick entries. Always be prepared for swings by managing a tight risk management setup. We will update some of our smaller timeframes before the week ends, as we have HIT all targets on all our existing trade ideas for this week already. As always, we will keep you all updated with regular updates throughout the week and how we manage our setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, This is the weekly chart we have been tracking and following for our long-term targets. As you can see we have been tracking this level to level from the dip and then all the way up hitting all targets so far. Once again we saw the ema5 attached from the retracement down followed with a push up like we suggested. We have now seen 5 weekly candle body close above 1787 opening up a long range gap target to 1858, but this time we have a EMA5 cross with the candle body close above 1787 confirming and strengthening the movement. As always we will need to expect and have a plan for any retracements driven by volatility in the markets. We will use our smaller timeframe setups to navigate and trade this range level to level. As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
30
EURAUD Investment Plan - 4/Jan/2023Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down. I am still looking for additional confirmation to be sure about this down move, however, one can obviously take the trade if their strategy allows. The objective of this idea is to share that the Long term SELL is probably gonna be coming next for this pair. Look for your SELL setups. Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Short
by For3xScalper
GBPJPY Trading Idea - 3/Jan/2023Hello Traders, Hope you all are doing good!! I expect GJ to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
GoldViewFX - BULL & BEAR FLAG PATTERNSREPOST ON CHART PATTERNS. Hey Everyone, As promised, this year we will also share basic educational posts for our newbies to learn and level up. BULL & BEAR FLAG PATTERNS BULL FLAG This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the pole. BEAR FLAG This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole. Please don't forget to like, comment and follow to support us, GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
15
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Happy new year to you all. Please see our updated Goldturn support and resistance levels and targets for our 1H chart setup. Price was testing the resistance structure at 1824 on market close. We may see some more continuation of the Bullish movement when the week starts but will look for EMA5 to cross and lock above 1824 to confirm the upper levels to be able to track and trade the levels. Failure to break 1824 and we will see price head into the retracement range for a bounce. A cross and lock below the retracement range and we will see the swing range open. We will keep this in mind and track and trade the movement level to level keeping in mind when levels and structures are open with EMA5 to strategically place our entries, as our plans to continue to buy dips is still fully in play. EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1830 AND 1837 BULLISH TARGETS 1830 - DONE 1837 - DONE BEARISH TARGETS 1819 1815 1808 1802 EMA5 CROSS AND LOCK BELOW 1802 WILL OPEN 1798, 1795, 1791 SWING RANGE 1786 - 1791 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
16
USDMXN Trading Plan - 3/Jan/2023Hello Traders, Hope you all are doing good!! I expect USDMXN to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Long
by For3xScalper
3
💵Australian Dollar/U.S.Dollar💵 Analyze (01/02/2023)!!!Australian Dollar/U.S.Dollar is making a rising wedge pattern near the resistance zone. When I saw the hanging man candlestick pattern near the upper line of the rising wedge (also some other tips), I opened a short position with RR=2.00 & 5.68. I expect the Australian Dollar/U.S.Dollar will go down at least to the lower line of the rising wedge pattern (RR=2.00). 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
GoldViewFX - HEAD AND SHOULDERS PATTERNREPOST ON CHART PATTERNS. Hey Everyone, In 2023 we plan to also make more time to post basic educational posts for our newbies learn and level up. HEAD AND SHOULDERS PATTERN The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure of take profit can be taken by measuring the peak of the head from neckline and using this range, as an indicator of the take profit level. Please do give us a like, comment and follow to support us. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
6
BASIC MONEY MANAGEMENT - LOT SIZE VS REVERSAL AND ACCOUNT SIZEHey Everyone, We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this reversal. Trading with the right lot sizes allows a trader to manage their account/money when the trade goes against them. The right size allows a trader to move a range without blowing their account and without seeing their account reverse to the point of no equity. This type of trading gives traders anxiety and in return this anxiety impacts trading psychology . This then has a ripple effect and impacts your trading decisions and analysis. The example we show on the chart is an entry of SELL that reverses by 380 PIPs. This movement happened in literally 2 candles (1hour candles) , so in two hours the price from entry reversed by 380 pips. This example then shows what this equates to in monetary value dependent on lot sizes. The example shows that anyone with a £500 account trading this movement with a lot size of 0.20 would have blown their account. Lot size usage should be based on the size of your account for example; £500 size account - we will only use 0.01 size lot sizes with maximum deployed total no more than 0.02. This will allow an account to survive volatile movements. £1000 size account - we will use 0.02 lot sizes with maximum deployed total no more then 0.05 any given time. £2000 size account - we will use 0.03 lot sizes with maximum deployed total no more then 0.10 any given time. £5000 size account - we will use 0.5 sizes with maximum deployed total no more then 0.20 any given time. Basically staying below 0.05 for every £1000, as the total deployed usage allows us enough flexibility of movement on the chart for Gold and then using stop losses on top of this, gives us further control of our money management. Many traders who cannot control their greed and do not bother understanding risk/money management will bung on a 0.50 lot size on a 2K GBP account, as an example, and then when it reverses, even if it's within the swing range, you know what will happen next. ACCOUNT BLOWN! MIND BLOWN! You will have mastered the art of risk/money management when your entry reverses and you a) expected that reversal within the range before it resumes to hit the TP and b) you look at that red figure during reversal without it worrying you in the least. We hope this quick basic insight helps some of our newbies better understand how to manage their risk with range. Please like, comment and follow to support our work, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
27