A BATTLE BETWEEN INTITUTIONAL BUYERS AND INSTITUTIONAL SELLERS1. Institutions sell huge quantities here so that the market is pushed down.
2. For the second time, again Institutions accumulate selling pressure here.
3. There is a battle between institutional buyers and institutional sellers in the market field.
4. The winning is almost on the sellers' side.
5. But what we have to wait is the buyers to act on it.
Pullbackstrategy
How To Trade the Trend with best EntryHey Traders here is a quick video that explains the best entry point when trading the trend.
Sometimes the market will give you early signals that the trend will continue. Knowing when to find these signals or reversals can really benefit us in our trading.
Enjoy!
Trade Well
Clifford
Learn To Identify The Variations Of PullbacksLast week, I spoke about the types of pullbacks (check related links)---Today, I will be talking about its variations.
Pullbacks have four variations: rbr, dbd, rbd, dbr.
You'll have to watch the video. . .learn its uses. . .and tell me what that has done to your view on the market.
Have a great week---everyone!
GOLD IS CONSOLIDATED - XAUUSDGOLD is struggling hard to break the support 1752. Based on my previous analysis it was going well on Friday 8th oct it showed rejection form 1780-85.
Now there are 2 possibility for you all to open sell order. When price strike to above resistance 1780-85 OR goes below 1750.
Still main trend is down so we are not going to place any buy order. Our target is 1723 and blow. Just keep focus.
Market will be volatile tomorrow as there a FOMO news.
We might see some movement by tomorrow.
Like our IDEA
Follow
Commet down.
AUDCAD Entry Price 0.93347 (Watch For A Pullback)AUDCAD Pull Back Trade Idea. Watch For A Pullback Entry To The Horizontal Support Resistance Level, Trend Line, Exponential Moving Average Period 10, Exponential Moving Average Period 20.
EMA 20 = 0.93459
EMA 10 = 0.93348
Horizontal Support Resistance = 0.93347
Close Price = 0.93035
AUDCAD Entries (0.96589 and 0.97666) | AUDCAD Target (0.99342)AUDCAD Entry Price 0.96589
AUDCAD Entry Price 0.97666
AUDCAD Target Price 0.99342
First, wait for price to pull back to 0.96589 and form a price action signal like a pin bar candlestick. Enter a long position.
Second, wait for price to close above 0.97666. Wait for price to pull back to 0.97666 and form a price action signal like a pin bar candlestick. Enter long position for second entry.
CADJPY Short H4 Pullback Pullback Strategy implimented with a perfect Price action entry pattern the one which is arrow marked. Seen it late in the morning and gave the Sell Limit order to catch up from the same level of entry with the risk to reward ratio of 1:1
51 Pips SL @ 80.084
51 Pips TP @ 80.062
Trade Triggered @ 80.574
Note : Next Possible Entry will be for the Double Bottom formation before we hit our TP on the ongoing trade