Smartmoney
2 buying scenarios for XAUUSDIn the chart, I have drawn two price scenarios for XAUUSD. Please note that if the price does not move in the direction of the scenario and crosses the price range of $2,740, the scenarios will be canceled and I will publish new scenarios in my profile.
Scenario 1: The low liquidity price of the indusment will collect "$2,705" and then continue its ascent, the price target of this scenario will be $2,740.
Scenario 2: Give a low price of indusment close and react to the first demand, the price target of this scenario will be $2,740.
HOW And WHY The Markets MoveIn this video I explain HOW and WHY the markets move.
At it's core, trading is a zero-sum game, meaning that nothing is created. There must always be a counter-party to any trade, after all it is called "trading". Because of this, liquidity is the lifeblood of the market and it is what is required by all participants, albeit more for the larger entities out there. In order for these larger entities to trade, they must do so in stages of buying and selling, and not all in one single position like we do as retail traders. They buy on the way down, and sell on the way up, throughout many different time horizons. Therefore, they require price to be delivered efficiently in order to sustain this working machine.
I hope you find the video somewhat insightful. Regardless of your beliefs, I think it can be agreed that these two principles are what drives the marketplace and it's movements.
- R2F
USD-CHF Will Keep Growing! Buy!
Hello,Traders!
USD-CHF is trading in an
Uptrend and the pair
Is making a bullish rebound
From the horizontal support
Of 0.8620 so we are
Bullish biased and we
Will be expecting a
Further move up
Buy!
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ETHEREUM BEARISH BIAS|SHORT|
✅ETHEREUM has retested a resistance level of 2,900$
And we are seeing a bearish reaction
With the price going down but we need
To wait for a confirmation
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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GBP-USD Will Go Down! Sell!
Hello,Traders!
GBP-USD broke the key
Horizontal level of 1.3067
Which is now a resistance
Then made a retest and a
Pullback and is going
Down again now so we
Are bearish biased and
We will be expecting a
Further move down
Sell!
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SILVER Swing Resistance! Sell!
Hello,Traders!
SILVER keeps growing in
A strong uptrend and
Silver is locally overbought
So after it hits a horizontal
Resistance of 35.46$ from
Where we will be expecting
A local bearish correction
Sell!
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