a setup on how I got the small term buy to about 128.900 area. market is currently ranging at the moment. expected for it to hit trendline, resistance line and fib 61.8 before it continues down to 127.500 in the demand zone
In this video I look back to early 2020, to see how the 40% collapse in the DJI happened. Am I preparing for a collapse or correction? Yes I am. Preparing does not mean I am predicting. What is see looking back is, that a 2 hour ATR trend south had developed. It is the best fit. I had tried 1H trend but that did not fit well enough, where price would stay...
It looks like a head and shoulders to me on the 4H time frame, but always debatable. Sentiment changed on this index many days ago, as seen in the 4H ATR line (on this time frame only). This short setup is for true trend followers (not trend continuation). That means it is much higher risk to much higher reward ratios. There are stop losses in trend...
The Markets Will Feel THE Adjustments DIVERGENCE - FOR YOU KNOW THE TRUTH Don't allow yourselves to be subtracted and divided multiply and unite don't allow the divisions created divide us as human beings for the time we currently live in is meaning less to the final goal. look past colour, look past anything that divides us The MARK ets have an end goal for...
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Welcome back! Please support this idea with a LIKE if you find it useful. *** EUR/CAD - Price could potentially break weekly support, or retest previous resistance for a continuation to the downside. We will keep our eyes on the highlighted zones and weekly support, and align our entry criteria rules for a nice short or long opportunity. Be sure to follow your...
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my video analysis for gold watch it and remember that video!
The Aussie has duly surrendered 0.7700+ status against its US counterpart and been below 0.7650 irrespective of Q4 inflation metrics marginally topping estimates, while the Kiwi has lost grip of the 0.7200 handle again eyeing NZ trade data after the FOMC. Further downside expected over the remaining trading sessions this week.
A choppy day for the Buck with the earlier Sterling-influenced impetus waning heading into the US cash open with State-side players eyeing events at Capitol Hill as expectations mount for Congress to pass an interim stopgap bill and kick the can down one week to Dec 18th, whilst the bipartisan group continues to haggle over COVID relief with liability overhaul a...
What's up big ballers, Comin back at you with my December 6th, 2020 analysis on XAU USD. Let me know what y'all think, and as always don't hesitate to drop your questions and comments below. Take profits and take it easy -- I'll see y'all next week. - Ray
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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This is an update on the daily time frame for gold. Things have changed. I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below. For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must...
After crazy run up on a 2h time frame, Gold has shown us a corrective move which I expected and warned about just a few days ago. (I apologise for sound quality. I recorded this from my laptop) There is an important trends switch on the 2h time frame but it is early days. Have a look but be careful. If shorting, avoid FOMO. Disclaimers : This is not advice...