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Very futuristic GOLD-USD idea.Here is a double top with a potential third touch before reversing again. That's my idea for now. If it manages to break above then I think it will have a higher chance of being a fake out. At last, it might just break above and reversing totally. So that means even if I fail 2 times before, the third will be a win with a very high chance and I will then win back both the two last losses and still gain a little cash. This is the meaning behind risk management.
FOREXCOM:XAUUSDShort
by CyberFxTrader
Gold- Structure remains bearish, in spite of Friday's reversalAfter touching 1620 on Friday, Gold has reversed strongly finishing the day towards 1660 resistance. Looking at the posted daily chart we can see that the bearish structure is still intact in spite of this almost 400 pips reversal and will remain so as long as the 1680-1690 ceiling is intact. That being said, my medium-term outlook remains bearish and I expect a new wave of selling. Also, those of you who are calling for a double bottom should know that this pattern is confirmed ONLY by a break above 1725
TVC:GOLDLong
by talhashaheen
3
GBPAUD Local short and best place to buy Welcome back! Let me know your thoughts in the comments! **GBPAUD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
15
DJI and Bonds: Get your popcorn ready. In this short video I focus on the UK and US 10 year bond markets in comparison to the DJI. All these markets are linked up in the background - at the speed of light. There are no predictions here - only probabilities and speculation. High volatility is expected at the opening of the markets tonight, 16th Oct 2022. Some are predicting a 'Black Monday' type event next week, which doesn't have to happen on a Monday. I take no sides. I'm only protecting my losses in short positions and happy to let winners run. Stay safe, wash your hands, protect your positions, don't burn your accounts. 😁😂 Disclaimer : This is not advice or encouragement to trade securities or any asset class. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on speculative opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30
by Captain_Walker
1
LONG - SHORT - ORDER blockLONG - SHORT - ORDER block By forming such a structure and scenario, Ethereum can increase the price of remaining orders in the high block order and activate orders for dumping. According to the trend and failure of the bottoms, it is still a downward trend, and the setup you want to position from this reversal should be careful that it is in the opposite direction. Confirmation of the liquidity creation process has been issued to return to the block order and it will most likely reach the price order. According to the return candles, this upward trend does not have much power and was not created by market makers for a profitable trend.
by moriheidari
GBP/USD Probability for 13/10/22 15min TFI mention that till Fri we can expect consolidation and I think that is what is going to happen today. I'll watch out for CPI news at 8.30 NY time. I think that due to the increase in interest rate last month, inflation will start to decrease which means $$$ will get stronger and other currencies weaker. I'll expect sharp move to downside at 8.30 first and price will slowly go up after that with another 0.30% to 0.50% to take home. Let's see if that plays out.
by TradingtoFreedom22
4
$SPY - Double Top - Great Reset - Stock Crash Ending 2030$SPY is going for a double top before crashing down to low 200's in the "Great Reset" lasting to 2030. Much like China's "Great Leap Forward" which was one of the largest disasters in history, after which a huge economic advancement was made for several decades. Following the "Great Reset" the United States will enter a period of massive prosperity where conservatism will reign. During this period, the United States will maintain supremacy of the global economy till the year 2100.
AMEX:SPYShort
by motionrelative