Ladyquickpips
XU Bearish sentiment going into NY session based price action and sentiment from london session
hypothesis for bearish direction was confirmed once price closed below DBA's and doji rejection on 5 min tf.
Entered once price went below bod of bearish doji.
TP:1692.75
Took some scalps on the 1 min once price gave me the indication that price wanted to go lower OFFICIALLY exiting at 1688.70
Great Day 1L 8W
Happy Trading!
GOLDWRLD Analysis and Execution From the looks of the Higher TF (M,W) I assumed price would continue in a bearish direction.
Well I was wrong and I'm okay with that. I reassessed and planned accordingly to price going long for the NYSE open/session.
Price formed a descending channel which gave me indication that price could breakout and turn into a bullish trend.
The Inverted hammer with engulfing candlestick pattern was a great price action indicator, if your more of a riskier trader that was a great sniper entry.
IM not that risky yet lol so I waited for price to close above my direction bias arrows and executed longs.
This was of one my best trades ending with 0ne loss of $11 dollars making $447 for the day.
Happy Hump Day Traders!
XAUUSD Analysis & Execution Entry: 1773.70 SL 1774.57
Price failed to to close above previous highs looking left at 1774.25
Price was in an upward channel indicative of a possible bearish break out and break of structure. The directional bias zones were my confluence of taking a short position on XAUUUSD
RR 14:1
DO you have your edge over the market?
XAUUSDPrice closing below 1775.25 gives me the indication that bears are in control of the market at the present moment, and possibly into the London and New York trading sessions. I project price continuing in a bearish direction following or subsequent to the bearish pennant forming on the 1HR timeframe.
Lets see how this plays out!
NASY100Nas was setting up for a great trading opportunity on both sides which is very rare to say the least. There were many confluences to have assisted with indication of buying and selling pressure for the day.
Confluence #1: Triple Top pattern, Price closing below 13361.00 on lower TF, Price closing below the directional bias arrow of 13651.00
Short 7:1
Short 26:1
Long 22:1
Looking plainly at price action and overall technical analysis, there were multiple opportunities to have an edge of the market today.
Happy Tuesday Traders.
XAUUSD Analysis Price seemed to be exhausting, failing to make a close above 1782.80. A great indication that price would be reversing. My confluences to enter the trade: Prices closing below resistance zone at 1782.15. Spinning top at the top of the trend on the 5 min TF, followed by a bearish engulfing candle. My last confluence to indicate a great short position is price breaking and closing below 1781.80.
Entering at 1781.80 Holding this position to 1772.95
Risk Reward: 35:1
XAUUSD Analysis & Execution Good morning traders!
There was a probable long position holding to 1785.20, once price enters and closes within the 1775.00 range
Looking left I seen price creating higher low's indicating a change in direction. With a lot of indecision about price continuing in a bearish direction.
This was a quick scalp one candle trade with a RR OF 7:1
GU Sunday Analysis I am preparing for a bearish run on GU for the week. Price is currently breaking last years August 2019 prices. Showing a high probability that price will fall for the week.
I like to K.I.S (KEEP IT SIMPLE).
In doing so, if price stays below 1.21410 I will look for short opportunities. If price closes above 1.21410 I will look for long opportunities.
Take profit target= 1.21005 short
Take profit target= 1.22005 long
BTCUSD Short Naked Forex- Quick PipsI love going in and out of market for quick pips! After studying this pair I believe you can get a quick 100 pips.