Posting a long entry on Gold Spot. I am waiting to see how the market reacts
Two trades on gold today, no profit has been made. More luck tomorrow
buy, buy buy buy buy buy buy buy. Buy, sell less , buy more
Additional short entry for the same move, this additional entry is closer to the stop loss and will be less risk than the previous one, it will also bring more profit.
Waiting for the London session, currently doing some more preparing and analysis.
Pattern of head and shoulders for a clear short entry with a break out appeared on the 5 Min Time Frame, this is clearly a trap, don't take my word for it however, we all trade differently.
After more analysis, it seems to me that the market is ready to keep going up from here and is only retesting traders out, remember, emotion has no place in this game. Nothing is guaranteed though but it is always good to stick to what you know best.
The market seems like it is highly active and possibly will reverse when the NY Session steps in to keep going short, I believe it may/can go higher now before it reverses but this is a risky scalp none the less as it has already reached my reversal area..
Closed my open overnight position, I believe the market is still in a down trend but is looking at going higher up for the day now before it starts to come back down (possibly NY Session). However no trade is ever a guarantee.
I am waiting for a possible reaction to happen on yesterdays low, it seems the market tried to entirely Reverse to an Uptrend(M30,H1+), however it seems logical there would be a lot more Shorting Pressure going forward after failing.
After acquiring a loss earlier today on the last trade, I have now spotted another Entry on the market, it is much more reliable.
After Speculating whether to enter or not, I decided it was worth it to give it a minimal try on this current Entry \ Newly Appeared
It's morning London Session once again, I am waiting to spot an entry into a Short Entry.
As per our previously documented and published observations, we have been able to get into the market on what I consider to be a reversal and have been able to hopefully get in on the current Short Trend. Moving forward we will have to observe the markets and prepare for further proactive sequences. This is not guaranteed and anything can happen in these highly...
Waiting for a reversal to form on the 5 and 15 Min Charts so we can get in on this short trend if it continues. You can see my Levels in the last Post, I've also marked out a few newly opened ones by the market mover.
These advanced levels will give you the best insight of where the market will have reactions for the following week. From this current trend we can expect the market to keep shorting but this is only a speculation. I have analysed the market for these levels from professional experience and years of training but not everything can be completely predicted.
Entry on retest after Head and Shoulders developed at key level after exit of reversal pattern.