Get started

Short-long

XAUUSD 19/11/23Gold sitting within a unconfirmed bearish range was still looking for a swinglow to be created for this range to be validated overall I am expecting price to shift bullish again as fundamentally gold is bullish and this is the first bearish range within an overall bullish delivery within market. Until we have a break of the swing high though we will continue to follow this structure to the downside. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:XAUUSD
by rosshayes
EURUSD 19/11/23Euro USD broke out of the bearish range we had on Friday good evening into a bullish end of the week and the bullish beginning of the week looking for the low at 1.08585 to be taken to give us a clean bullish entry to the upside, As we have POI in the lower end of this range that it's going to be our ideal for entry but of course until we form our swing high we will just take it as prices delivered. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
1
Gold still bearish outlook? but...Hi guys. In my previous analysis i mentioned the 1934's level beeing the level to go Long longterm. After a double bottom confirmation gold almost gave a strong bullish move of 350pips. In my opinion gold future outlook is still bearish. Currently hovering around 1971(Wich is resistance level) But we need to look for short position at a better untested area wich is 1976's. My prediction is gold will climb towards 1976's zone to take orders and fall from here with targets as 1964, 1953 and 1930's But... if gold manage to break 1976 zone with confirmation. we need to start looking for longs. With targets as 1992, 2009.... Resistance: 1992, 2009, 2022 Support:1964, 1953, 1947, 1932
OANDA:XAUUSDShort
by ForexGoldIntraday
EURUSD 5/11/23Starting off this week with Euro to the US dollar we saw a clear bullish trend established last week and we had some very strong bullish moves from our later session. We're looking for this move to continue forward as until we see a change in direction or a shift in narrative expect the same trend to continue we've broken down our 5 minute high establishing our swing high as well as a counter swing order block we have a major low within our range we also have an unmitigated area for price to revisit which would be our ideal before the next expansion. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
XAUUSD 29/10/23XU is for us a pretty easy one we have a strong fundamental driver for gold at the moment so we wont be aiming for any shorts on this. overall we sit within huge bullish range so trend is already telling us the direction it wants to go. keep it simple and watch out for updates on any conflicts. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:XAUUSD
by rosshayes
NAS100 29/10/23N1 giving us what we wanted to see from Wednesday, leaving us in the right position fort this week as we look to follow this pair short if the current range continues to give us strong bearish moves. after open we are watching our highs to see if we can catch this lower move before we hit our swing target. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:NAS100USD
by rosshayes
EURUSD 29/10/23EU gave us a pretty clean reversal out of our bearish trend from last week, as it stands we are fully bullish from our last range which lines up nicely with our bias for possible longs from GU. We have very little int he way of internal structure within our range so we can look to this low for an entry or towards our 5min swing low POI. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
GBPUSD 29/10/23Starting things off with GU. heading out of last week we remained within a bearish range and held our trend nicely until our final session of the week, it was at this point we swept out our SWH showing us that we might have some possible for reversal, we are still within our range so wont be jumping the gun for longs until we get a clear entry. iam watching these lows for a entry to show itself, if we get one then we will test our longs with low risk. if we don't get our entry then we will look to follow the short move out of our swing low. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
2
the 10k or 30k bitcoin debatehow both sides see it. we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance. bears are aiming for a retest of this area near 10k bulls are aiming for a retest of the area near 30k ...both are probable thus far we are unable to break the .75 of the range to 30k with 2 decent rejections. as the .25 was front ran there is a likely chance we swoop the 15k level. losing the .25 would most likely open the doors to 10k for a retest of the demand zone that confirmed the covid bullrun likewise holding the .5 here with the obvious ih&s pattern could see the .75 claimed with the 30k target activated.
by TBTS
EURUSD 22/10/23EU our last mark up for this week, here we have a bullish move like we have in GU so we aim for our SWH as it stands iam planning on doing the same thing as we have on GBP run a low or run the high then we will look for our setup mainly iam focusing on the internal lows and highs for our tell tell signs of moves higher or lower! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
XAUUSD 22/10/23XU showing us the results of major fundamental events as tensions rise the price of gold is sure to follow, as one of the safest assets to own even in 2023 gold is worth its weight! (unlike the USD) heading into this week iam looking for a low run into another new high from this very favourable asset. longs are for sure but a small rebalance is in order so will be looking out for this to come at some stage. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:XAUUSD
by rosshayes
USDCHF 22/10/23UC is another example of bearish price action we know from what we have seen of our other pairs that this is likely to carry over into this week but we will more than likely look to fill some of our high areas, which would match up nicely with what we know of our other pairs for example GU. Main focus here is to take out a major high or low, as it stands we have a lot of liquid on both sides of the market, so we don't want to get caught up in anything we don't need to be in! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
NAS100 22/10/23N1 giving us another bearish range overall and we finished our week with overall a run of another low, taking this into account, iam not looking at our range as broken but i am looking for more bearishness leading us into this new weeks session, we have an untapped POI and some very clean liquid highs for price to tap into. Overall iam looking for a short after we take either the low clearly or we shift up to take the liquid high. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:NAS100USD
by rosshayes
EURUSD 9/10/23Our final pair for this week Euro USD you can see that we are in again a bullish swing range this swing range was only confirmed after price shifted lower from the market open gap again this holds less probability when it comes to confirming a truly manipulated high within our swing range but as it stands we will look at it as a true breaker structure since this breaker structure we have tapped into our only unmitigated POI and we have seen a bullish move up we have not come up to fill the gap yet, But as we are in a bullish range it makes the fulfilment of this gap even more probable of course we will look towards our Tuesday sessions for our true price movements as today is a bank holiday but we will continue to follow price action to see if we can get some short term moves until this gap and range is fulfilled Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
USDCHF 9/10/23US dollar to the Swiss franc is showing us exactly what we'd like to see which is a reversed version of our USD secondary pairs so for example in this case we have a bearish swing range showing us that the gap is at the low of the range in our usd secondary pairs we have the reverse where our gap is at the top of the range and we are in a bullish directional range now the gap on the US dollar Swiss franc was not as large as our other primary pairs but we have still had a gap at market open which has now been filled due to the high impact news on Friday we created a huge 5 minute range this range needs to be broken either higher or lower to confirm our manipulated low until that we will just continue to follow the internal price action to possibly find some movements for a short term entry. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
NAS100 9/10/23second pair up on our markups for today is NAS 100 otherwise known as the NASDAQ pretty similar looking setup here we have a bullish swing range with a swing higher and a swing low preformed the Main point we need to focus on here is the swing high technically has not been formed through to regular price action it's actually been formed from the gap that was created at market open meaning that this swing high may not be as clear and as clean as we would expect for a normal swing high this does not change the probability of the swing low holding orders as this was formed pre gap we have inducement at our lower POI and we also have internal price action which could lead us to sell this lower we would expect the gap to be filled even though it is represented as one large candle on this price chart. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
OANDA:NAS100USD
by rosshayes
GBPUSD 9/10/23Starting off this week's markups with British pounds to the US dollar as many of you are probably aware there was a war that broke out over this weekend which has affected the open price of nearly all US correlated pairs this in turn has left a gap which has made things a little bit more interesting coming into this week as we have gaps to fill and imbalances to rebalance now as it stands we have a news driven bullish range here for British pounds of the US dollar which was formed on Friday we have broken structure to the downside within this range giving us our swing high and our swing low meaning that we do have a completely formed manipulated range aka a swing meaning that we can look to trade this higher the major point to take away from this is the fact that we have a gap to fill in the upper half of this range meaning price has more of a reason to travel higher as well as possibly seeing price go higher before visiting our point of interest of course we'll treat this like every swing range that we always track and we will wait to see how price behaves once it hits our point of interest very little news for this Monday so I'm not expecting anything crazy until we get into Tuesday's sessions. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
XAUUSD, long- and shortterm TA, 17/09/2023 The amount of money that is now used in gold, is high compared to the last time we reached the 2050 range. Last time we went down much faster and touched a bottom around 1600 range, which was a lower low after a higher high at the time. The retest on 2050 was last May and since then little volume has been lost, which means that we may even experience a new ATH this year or early next year. In recent years, the amount of circulating money in stocks, currencies, etc. has increased tremendously and it has become normal to invest. Both long term, which mainly forms a foundation against lower lows and short term which ensures that we can break ATH. In addition, we must not forget that, for example, Bitcoin also affects how much money goes around in FXOPEN:XAUUSD , it is therefore known as the digital gold for a reason. Also, because there's a lot going on in the world that affects everything that has to do with money, I think we need to be careful with trading and analyze what they're going to do. Think of: Massive inflation everywhere, which could cause us to have another financial crisis. War between USA and Russia (and China?) Digital currency that creeps into our lives, think also of digital currencies that governments release. Brics countries that will trade their commodities in their own currencies. Corona that keeps letting you know it still exists. Environmental things that are apparently very important to governments while we can't change that. And probably a few more items that have an impact. On the 4 hour chart, we're still in a falling wedge pattern. A falling wedge means that there is a high probability of an uptrend when there is a breakthrough of the trend. When this breakthrough will happen is hard to say. Personally, I think it will happen in late September or October. Further in my technical analysis, I will try to explain why I think that. The 1 hour chart shows that a head and shoulder pattern has been formed. After the last shoulder is formed, it is clear that there is a downtrend towards 1900. At the end of June, this range was also a bottom, after which the price went up again. This means that there is a strong support around 1900. Personally, I don't think we're going to get below 1900. If that is going to happen, I expect at least bottom of 1880. After touching the price of 1900, it rose to a price of 1930 within 1 day, reaching the same high as the right shoulder. Next week could possibly be a beginning breakout to 2050, but I expect a strong resistance between 1935 and 1945 range. For now it has to break the 1930-1935 range. If that doesn't happen, we'll continue the downtrend and make a breakout later in the Falling Wedge.
FOREXCOM:XAUUSD
by bohole123