XAUUSD D1 NO NONSENSE REVIEW AND TRADE SETUPSXAUUSD D1 NO NONSENSE REVIEW AND TRADE SETUPS
STAGE1 BUY STAGE2 SELL
HEY GUYS, HOW ARE YOU TODAY?
IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.
HERE'S WHAT I GOT ON XAUUSD:
FIRST THINGS FIRST. GOLD IS TOPPED OUT. NO MISTAKE ABOUT IT. THIS IS DERIVED FROM WEEKLY PRICE CHART
AND ALSO COT DATA BIG BANKS/HEDGE FUNDS WERE PREVIOUSLY 90-95% NET LONG, AND THIS IS AN EXTREME READING.
A LOT OF TRADERS GOT NO IDEA HOW TO USE COT PROPERLY. YOU ONLY USE EXTREME READINGS TO TIME POSSIBLE
MARKET TOP AND BOTTOM. PERIOD. OTHER THAN THAT YOU CAN'T USE IT FOR ANYTHING ELSE.
MY LONGER-TERM TARGET FOR BEARS STILL MAINTAINED AT 1300, BUT THIS WILL OBVIOUSLY TAKE MORE TIME.
-GOLD IS TOPPED OUT IN THIS CYCLE
-DISTRIBUTION AT THE TOP
-BREAK DOWN OF BULLISH TL (POINT E)
-KEY LEVELS: 1450 // 1430 // 1510 // 1300
-FURTHER LOSSES INCOMING
-BUT EXPECT A BOUNCE
-BULLS SHOULD TARGET RE-TEST OF TL
-AND THROW BACK INTO RANGE
-STAGE1 - BUY THE DIP - NEAR 1430
-STAGE2 - SHORT INTO THE BOUNCE NEAR 1510
-LONGER-TERM TARGET MAINTAINED AT 1300
-1450 IS NOV MAX PAIN FOR OPTIONS
-THIS MEANS THAT TRADING RANGE
-WILL BE 1430-1510 NEXT 2-3 WEEKS
MORE UPDATES?
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WHAT YOU GET
-DAILY UPDATES
-CLEAN CHARTS
-NO BS, NO MACD , RSI , MOVING AVERAGES, FIBS
-PURE PRICE ACTION
-NO MOONBOY BS AND FAKE AGENDAS
-SETUPS THAT ACTUALLY WORK
-NO CLICKBAIT
-NO LOONY TARGETS
ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.
Oil(wti)
oil, cl, day trading for Nov 14thOil remains bullish but is reaching some resistance and the up move will either explode or stall.
will look long if top red zone becomes support. and short below red zone showing a few support areas that could keep the bull alive.
remember oil inventory report today at 11:00 est so play safe.
Oil's premature sell opportunityFollowing the previous idea (Check the Related ideas in the links below too), I was waiting for touching the line for sell, but it seems it started after breaking this current 4H nice flag
Trade with care and stay green.
Please let me know your view on this and check out my Telegram Channel @fxean
oil, cl, day trading for Nov 13thoil has moved to the bottom of its bigger range and we get to see if that is support or further weakness steps in. The test off the bottom of the red zone or a break above red top both could be good trades back to the 57.5 area and we will still be in the consolidation.
As of this typing a bigger up move is happening and will give a clue as to further strength or exhaustion, will watch close for clues.
Daily chart on OIL- Setup stageTVC:USOIL has recently got on an uptrend but price has reached an important level of FIB levels...Price will see a lot of congestion at this point, like what we are seeing already.
I have shown various timelines and important support and resistance levels going ahead.
Look for signs if price makes higher highs and higher lows, for confirmation of uptrend. and channel being respected.
So far price has respected the centre green zone as support levels on the RSI
The chart is self-explanatory .
If you like what you read then please share a thumbs up!
Cheers
UC Daily Update: Neutral Until BreakWaiting patiently for a higher low around 1.32 for a possible long entry! Patience will be key! Looking like some really good trades are on the way!
With this specific setup, being dynamic and flexible to price action in either direction is key. Remaining neutral in a setup is essential to hitting any opportunity that will come our way this week.
Confluences for a long:
- Ascending trending line
- 4-hr and 1d uptrend
Confluences for a short:
- Potential for retracement at fib zone
- Monthly resistance of 1.33
- Weekly descending wedge
oil, cl, trading for Nov 11thoil action is short but in range and balanced inside a larger consolidation. We have a small and large red zone, one for the big consolidation and then one for the last hours of action. bit one is 57.60 to 55.75,
I will be looking for trades to remain inside the big range and will use that as targets and or entry points till we move out of the range.
UKOIL (BRENT) TARGET 64.00 BUY DIPSHEY GUYS, AS A FOLLOW UP ON THE PREVIOUS UKOIL SETUP I'VE POSTED.
I RECOMMEND BUYING DIPS NOW, DETAILS SEE CHART. TARGET FOR BULLS IS 64.00.
HOWEVER, PLEASE KEEP IN MIND. THIS LIKELY WON'T HAPPEN OVERNIGHT AND THE PLAY MIGHT TAKE SOME TIME TO PAN OUT.
BUT STILL 64.00 IS A VALID TARGET FOR UKOIL BULLS.
GOOD LUCK,
ASGCORP.
WTI: Close To Sell Zone
WTI oil is very bullish this Monday.
Most likely bulls will keep pushing the market at least to 58.0 level.
There we have a strong are of resistance and we have a good potential opportunity to short the market.
Because the momentum is quite strong I will be waiting for a reversal confirmation before entering short.
Target levels will be 57.0 and 56.0
good luck!
WTI: Close To Sell Zone
WTI oil is very bullish this Monday.
Most likely bulls will keep pushing the market at least to 58.0 level.
There we have a strong are of resistance and we have a good potential opportunity to short the market.
Because the momentum is quite strong I will be waiting for a reversal confirmation before entering short.
Target levels will be 57.0 and 56.0
good luck!
cl, oil, trading Nov 1stOil is having a strong up move taking us to a higher distribution and if we remain above the Red zone top I think we could get to 55.30.
In the event we move back inside the red zone very likely chop.
Move below red bottom only think we get to first lower blue target.
Trade I like is a test of Red top for a long!
cl, oil, trading for Oct 31stOil is in a down trend stuck between 2 distributions so a move below red bottom should have us go back to a choppy trade in the 53.50 area and a move above the top Red zone should produce the same chop 55 area. now that could provide some nice bottom zone longs for .8 points long and a short from top of .7 points.
cl, oil, trading for Oct 20thToday due to oil inventor report at 10:30 and interest rate announcement at 2:00 the red zone will be larger, And this also makes since seeing that after RTH session yesterday we forma big balance zone.
I will be careful today but until we clear this zone will be looking for trades back and forth inside the red zone.