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Proprietarytrading

Long Term Price Action Analysis For USOIL 20/11/2018For the long terms, as we can see on the daily chart, the USOIL is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price will return that level I'll sell there, my first target will be the demand below, and the Final target is the demand at the bottom. as a price action forex trader, I trade only with limit orders.
TVC:USOILShort
by the5erstrading
Waiting For Breakout Price Action On GBPJPY 19/11/2018As a price action forex trader, I'll wait for the price to break the resistance zone I marked on the chart, if the price will break the resistance zone it indicates the price on his way to Reach the next critical level which is the supply above, I won't buy immediately at the breakout, but I'll look for a good price action setup of buy position, my target will be the supply Above, and I'll consider this trade as an intraday position.
Long
by the5erstrading
Swing Key Leves For XAUUSD By The5ers Proprietary Trading Fund 1As we can see, the XAUUSD is between the supply above and the demand below, it seems the price is on his way to reach the demand below, if the price will return to the supply above Before hit the demand below, I'll sell there and the demand will be my target, this demand is also a great level of buy position for long-term forex traders, when the price hit that Demand, I'll buy there and for the long terms, my target will be 1290.00 zones.
FX:XAUUSD
by the5erstrading
CAD/JPY 4HR POSSIBLE BREAK OF 'BULLISH' FLAGWaiting for price to retrace to the 4hour, 50ema and gain momentum to break the channel so i can confirm a Long trade. I see price retracing to 50ema where there is also a 61.8fib level from a previous successful structure. 4hour channel + (potential candlestix) & Gr4d within. thumbs down: No 123 patterns in motion but weekly just closed on bullish 123 last week. no we have a new Gr4d which has not been touched unline the candlestix Gr4d before it which has been pierced but price has not closed over yet. Overall we are still bullish but i do not have my potential 123 in motion to confirm my trades.
Long
by UnknownUnicorn911750
Gold taking a breather or is it exhausted?After a significant and a rather hasty run-up in the last couple sessions, April gold has formed what we traders like to call a Bearish harami type of candle in the last trading session. This does not mean the price is going to tumble back down like a lead balloon, but it is an important signal for a possible reversal short term or a more extended one. The first target of this reversal could be around 1200-1190 area. If it does not close below that level this could be a sweet spot to go long, if it does close below that level then this rally is another bear market rally and should look to short it. Either, way train your eyes to see price action and then determine your directional entry. A great trading opportunity is coming next week in this market, especially if you feel like you missed this past move up.
COMEX:GCJ2016
by Bullionite