Gold consolidating in H1 frameBe careful with CAD News in 1 hour. I m waiting for BOS in M30. M15 is gone for the first idea. Lets see how far this goes..
RSI H1 and H4 looking good.
Zonetozone
Gold about to break top?Who wants can take the third wave in the hourly for the Asian session.
300 pip SL
Premomentum, slowed down, direction is clear, a correction can happen at any time, in this case use the fibs t o find a reentry
XAUUSD zonetozoneWait for BOS with candle close, if it pulls back take any other zone with Exit 1 at the next zone.
300 pip SL
GBPUSD sellIndependent from News, GBPUSD is near the daily Top. This is possibly a reentry with about 15 pip SL
1:1 Exit. Set BE after Exit1
DJ30 dipping into the ocean150 pip SL. DJ30 is looking for a new floor again, it was consolidating around the last area. I have not looked for possible resistance areas. You could also take 300 pip exit 1 in here just to be safe...
Also the stop loss is small. A wiggle room of 300 pip is never too bad.
I like to use the hours when the markets are just slowing down, I think volatility will be higher when Asian session opens in about 40 min
Tutorial TOP DOWN Entry/ Exits DKLs ...Good morning,
I took the time to show you my analysis and how I work.
- Top Down D1 to H1
- Intraday through scalping
- DKLs / HKLs
- Important Zones
- Zone to Zone
- Specific asset volatility
- Entries
- Stop Losses and Exits
Hope you like it so far and could catch some pips. Let me know in the comments below.
Gold in pullbackMore volatility coming in. If you can catch a pullback in M1. I think its about to break the floor
AUDUSD Reversal on D1AUDUSD has strong selling momentum and reversed in D1, he are looking for zonetozone sells before the hourly floor.
DJ30 shortHas been falling throughout Asian session further. I would be careful around the next zone 38570 and if there are any reversal patterns in M15, otherwise you can take any pullback (highs in RSI) and pull the trigger. Is pretty safe now :)
DJ30 in new rangeWait for BOS M15 or enter already. 300 pip SL today is crazy.
Its a HKL here, middle risk but pretty secure its reaching for a new floor.
XAUUSD continuing bullish tomorrow?Within the Top Down Analysis from D1, the trend is continuing upwards.
It broke the last H1 ceiling and is going somewhere towards north. The safest option is going bullish from zone to zone, until there is more structure.
Be careful around 2357. Reversal for a bigger retracement is possible around there.
This trade should play out before the USD News in the afternoon 4 pm GMT+1
I took 300 pips SL to get around the DKL points.
TOP DOWN Analysis on AUDUSDThis Reversal Strategy was constructed to speculate on possible reversals.
You make a Top Down Analysis in the Daily Chart, find the Daily Floor and Ceiling and stay within the consolidation. The Entry is a lower high for sells and higher lows for buys, when you see a reversal within the daily frame.
This idea is based on the strategy but in a smaller time frame for scalping. I still use H4 zones for bigger moves.
The StopLoss on Forex is always around 10 and 20 pip. (20 pip for more volatile days)
The StopLoss on indices is between 150 and 200 pip in a low volume (small wig) environment and between 300 and 500 pip on high volatile days.
StopLoss on XAUUSD is between 50 pip in low volume and about 200-300 pip throughout high volatility.
Using this strategy when course arrives at Daily/ Hourly Key Levels (DKL/ HKL) is a little more tricky than entering at the floor or taking beginnings of retracements, get a feel for reversals so you ll know what I m talking about.
Also make sure not to confuse a retracement with a simple pullback.
AUDUSD bullish todayPossibly its going to fly towards the HKLs of last Wednesday. But we do not know about a pullback. Try this first zone and set BE after TP1. Don't be greedy. If we get any volume today, it will be most probably bullish.
Correlation between Gold and US30 is contrary to the regular. If you want to hedge, use buy and sell positions instead of taking one direction.
DJ30 breaking into new zone.Take the first pullback, stay in Entry Zone, and save BE after Exit 1.
Unfortunately, my latest ideas from Saturday were not published.. They all reached at least Exit 1. But I will repost my Top Down Analysis and share the eBook I was working on very soon (!), so you can jump right in.
It's ok if you just want to watch for now, I am testing this channel to go public.
Stay tuned :) I might share another idea today.
GBPJPYWait for price to show you it's intended direction
i personally feel we could see bullish movement
lets see what happens
CADCHFPrevious high broken
looking for pullback around 0.68600 level
wait for rejection and bullish impulsive PA for longs
up to next major zone
GJ buyGJ has formed a double bottom on the 30min and the 1hr chart. The 30min chart has formed the double bottom on a 200ema support. Price went up, came back for a retest to confirm a buy. I jumped into a buy from the close of the previous stick bullish stick...We should go up to 169.683 at least. If you scalp you will catch good pips. Zone to zone trading is the safest on a volatile pair like this. Wait till we get to the zone and see what price does
Some BOS and ChOCH In this chart we can see some pattern that fits to this strategy.
We saw a lot of liquidity in the path few months.
And sometimes the market can give u some bouncy bull trend for a couple of days or even week or two.
In this chart , u can see some pattern that give us some indication that may be some poll up , and then it going down to check the LL prices
And after that we can hope.
Daily chart perspective on GJand GU similarlyThe daily time frame seems to be painting a skew double bottom, as price did in the 4hr time frame on the 28 September for the midweek reversal. Price could go up strong from the current zone that its in, or it could come all the way down to test 154.756 to confirm a very big double bottom on the daily to give a strong push up. We are at a critical zone now, so trade carefully and look after your trades. I am in 100pips profit at the moment from the morning buy, so will bring trades to profit and monitor from there
Could we be going to test a high structure from 2016???We have not been to this zone since August 2016, and right now there are no structures to the left to stop us from going there. Ifwe get a bigger time frame retest, we could push there before the end of this week. If we get there and break it, we will go up even further. GJ is now pushing up as aggressively as USDJPY is, which is currently breaking record highs.
GBBJPY at consilidation on supportGJ broke the resistance of 162.545 yesterday, we did get a rest of the zone to become a support, however we are in consolidation for now, though I expect a buy to 164.3385 at least, could go higher, But I mostly trade between zones to be safe. The 4hr stick is far from support EMAs, so it is currently doing a retest also, we will have to see what price does at the support and make a decision thereafter, for now I just observe. Patience will make or break you lol
Market maker went hunting for Sl yesterday, should short todayLooks like the market maker went to hunt for stop losses yesterday. Price formed a wide double top at the level 162.526 on the 1hr chart, As analysed, I still think that price will go down to test the low of last week minimum 156.978 to 155.736 , but we would have to break 159.644 level, retest it and enter after the retest to confirm the move.
