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Signal-sell

Precious metal downfall time! (XAU)Formed a large shooting star on the weekly last week, then followed by this weekly closure of an exceedingly large bearish engulfing. Monthly February closure also formed a shooting star, touching the monthly descending trend line, forming our next lower high, but however, we are forming this symmetrical triangle, so we are making higher lows on the monthly. First target projection is at 1250.00. We also broke the daily trend line very harshly, making a lower high on the daily. Monday morning however, we may see a slight pullback due to the bounce of the key zone 1290.00, which may entice Sunday night/Monday morning traders to get a short term buy... i am looking for this slight phase to reach to 1303.00, which will be my entry point with a candlestick close on the 4hr to give me my downside confluence. A strong break and close above 1303.00, we could see movements back to 1340, or the monthly trend line again before falling down to projected targets.
OANDA:XAUUSDShort
by amg_fx
5
EUR/CHF - INTRADAY SIGNAL - STAY TUNED FOR THE UPDATESPay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market. This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
by Aqua_Trader
GBPUSD Short then BuyThe pound has approached a daily value area and looks set to go down. I have entered a short and will take profits at the daily Support and Resistance flip and will thereafter reanalyse for medium term buys. Look at the bigger picture. View the Weekly chart. I am a Position trader and as such this trade is only a small portion of the overall trade that is earmarked for the rest of the year. I will post the buy once stop losses have been hunted below the above mentioned daily S/R Flip Goodluck and please comment your thoughts and charts
Short
by Mutondi