We have been watching this one for some time now the technicals do point to the upside, 4h is an agressive entry with this setup.I feel it necessary to point out with this one the position we hold is not leveraged.
We took a long position on GOLD. Price came, to the golden zone. Lets see if the price will cooperate.
Lets see if this setup holds as it should, or is this just another participation bill.
One day trade, today the pound was strong today. So we jumped on the train, lets see where will it take us.
Posible short entry, if we get the price confortmation, we can be looking at a good long term short position on AU.
And we are short on SP500. The area is perfect for reduced risk trade. We are running a tight stop with this one. The price action suggests a decent bear strenght, and we dont want to give back too much profits back, so we were patient for the right entry, now we wait. Good weekend to all!
Shorting Gold. Naturally not the best idea to be short gold as well as the general market US30. But the technicals are strong and Risk is minimal. Plus the last couple of months, the reverse correlation is almost non existent.
Shorting the Gold here. The price came to the golden zone, giving us a good RR trade. Nice rejection followed by a decision candel gave us a entry signal.
A similar story with EJ today than GU yesterday. A significant level price gave us a sell signal and we took it
The price came to a significant level. And crutially behaved appropriatlly, with number a strong pulls away of the zone. Our entry is agressive, one could wait to see todays candle close.
We are at the all time top, but if we look a the price action it self its a weak top indeed. the bulls did try to push higher but they were met with a strong bear reaction. the econamy itself isnt booming right now, and the chart is clearly showing the need for a pullback. Highlited rejaction candle gave us the last sign to pull the trigger.
This one is on the watch list since mid last week, we had one day trade setup already, now another one with another great RR so no reason to not pull the trigger.
longer term short position on the GA The entry alone could be better, but still all the boxes check out, so as per rules we enter the position. 10-1 Reward risk ratio.
Nice little end of week set up. Good RR ratio great zone, so we pulled the trigger
Break of structure signals a sell signal. Longer term deeper pull back to the ZOI. Short term order flow signifies a significant bear strength.
A good risk reward setup. All the boxes checked. Lets see what the market does.
Labored pullback, to ZOI. Pulled the trigger on the rotation.
Short the Euraud, great risk reward, lets see what will happen.