Fxtrading
XAUUSD Sell/ShortCurrently analyzing the XAUUSD markets and has shown clear sign of forming an M on the daily. Next leg seems to be bearish and best bets are for gold to take a dive now. Below are the inputs of the trade.
XAUUSD
Sell/Short
ENTRY: 2004.680
TAKE PROFITS:
TP 1: 1895.762
TP 2: 1843.154
SL: 2027.405
2-5% risk capital.
EURUSD#EURUSD
Hello, everyone! Quite an eventful day in terms of price movement. From the morning, I had a clear goal to continue trading in the direction of the established trend. The equal highs formed in Asia were a bit concerning. The lack of interaction with this liquidity seemed unusual to me, but such situations occur occasionally, and we trade what the market provides. In New York, there was a potential short setup, but I invalidated it for two reasons: 1) the absence of interaction with the Asian high and equal highs, and 2) a long context on all timeframes. The hourly timeframe shifted to a short context, and I would like to continue working in the short direction tomorrow, as there is still a significant amount of untouched liquidity. Local targets are marked on the chart. Short positions are a priority in the morning.
On the daily timeframe, we experienced a reversal movement after covering the imbalance.
EURUSDI like how the price moved during yesterday's New York session and Asia. I don't see any signs of a market reversal; it's a clear long context. I am ready to consider long positions from the nearest fractals below since there is currently nothing else to do (imbalances are covered, and liquidity work is present).
EURUSD#EURUSD
Good morning. The euro reached the Asian maximum without opportunities to build a position. Most likely, until the New York session, we won't see potential entries. As mentioned over the weekend, the context is long on all timeframes, so there is no desire to work in the short direction.
EURUSDHello, everyone. Since yesterday's evening review, several important developments have taken place. As anticipated, during the Asian and London sessions, we continued to move in the short direction. Following a news-driven movement in the New York session, we absorbed liquidity formed by yesterday's movement and updated the price maximum. On the higher timeframe, we had a raid on the daily fractal formed on Tuesday. I also marked a potential break of the market structure on the hourly timeframe. If the price confirms below, I plan to work in the short direction; otherwise, longs will remain a priority.
EURUSD#EURUSD
The pound looks more logical in terms of continuing the short movement. On the other hand, the euro has already given a retest without confirmation. In such cases, I skip short positions like the current one on the euro. There are targets on both sides, and I will trade depending on which side is cleared first.The pound looks more logical in terms of continuing the short movement. On the other hand, the euro has already given a retest without confirmation. In such cases, I skip short positions like the current one on the euro. There are targets on both sides, and I will trade depending on which side is cleared first.
GBPCADGBPCAD has shown a clear weakness in bullish trend times making a slowed volume push and has shown clear bearish volume shorts put in by traders. I believe the trend will be now reversed and only clear a higher low for GBPCAD. Please use proper risk management when entering the trade.
GBPCAD
Sell/Short
Entry: 1.69312
Stop Loss: 1.70333
Target:
TP: 1.61530
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
GBP/USD Analysis 11/10/2023In GBP/USD, a confluence of factors, including market structure, Fibonacci levels, RSI divergence, and price action, is providing compelling bullish signals.
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NATURUAL GAS Buy/LongAnalysis for NATURAL GAS on the daily direction has shown an upswing for a bullish trend that has respected the support levels. Since September 7th, 2023, we have seen a nice back and forth movement pattern that continues to respect the channels support range and resistance making this a prime target for us to be able to profit off on. Please enter with proper caution and capital risk management. Below is the signals inputs for the trading session. I hope you all enjoy.
NATRUAL GAS
Buy/Long
Entry: 3.2361
Stop Loss: 3.0203
Target:
TP: 3.9035
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
XAUUSD Sell/ShortAnalysis for XAUUSD is showing that the overall general direction from a daily and H4 timeframe perspective is showing a downtrend and it is favorable for us to take a Sell/Short position positive PnL exposure. Below are all inputs for the signals entry, stop loss, and take profits. Please do enter with proper risk management.
XAUUSD
Sell/Short
Entry: 1934.61
Stop Loss: 1962.66
Targets:
TP 1: 1903.85
TP 2: 1848.66
TP 3: 1794.37
DAY TRADE/SWING TRADE
Risk: 2-5% of Capital
SPX 1MONTHMonthly timeframe: We received a reaction from the imbalance zone at a price of 3600. It's worth noting that throughout the entire last year and this year, we have been in a long (corrective) context. The logical target could be the maximum of the year 2021. Invalidating the long context would be possible if the price drops below 3200 with confirmation.