FreeForexSignals
Price is still respecting my 1924 level, price has touched this level and bounced the past 5 weeks and i am expecting more bullish moves as we have sustained above this level. But as always in the markets you must be willing to change your mind and accept your setup was wrong which is what i will do if price falls below 1924. In trading holding onto a losing...
As shown by our purple arrows you can see where price has used our marked out zone as support and resistance over and over again, and this been the weekly timeframe makes this a strong level and setup, This also lines up with the 3rd touch of our trendline which will be valid if for the next 7 hours bulls can push price up allowing the weekly candle to close above...
Entry reserved for free client's. We would look at a TP1 of 30-50 pips. TP2 a stronger resistance level Lets connect x
We have had a break of the trend line and will sell at the resistance level.
I am still taking a short on this waiting for the right entry. Slow.
You cant lose what you never had to begin with rite :p 1.18000 was a lovely level as we had Trendline lined up with resistance, price hit these and bulls tried to break through to the upside, bears were too strong and pushed price back down below these 2 very important levels which created a spike that would have taken peoples stop losses out before dropping. I...
Price is currently in a good BUY zone, this area has previously been used as strong resistance which has now turned into support, so i am expecting bulls to step back in and push price higher from here. If you do take a trade from this you can keep a tight stop loss because if price did break such a strong support then it has the potential to fall some way. Nice...
Price made a big manipulation spike through resistance when Powell from the Fed was speaking today, this would have taken a few stop losses out that were set just the other side of this key resistance! This is a sneaky tactic the big players use. I can only see downside movement from this level and can see the bears pushing price to 0.71900 area which is where i...
We have all done it, woke up in some strangers bed after a heavy night on the alcohol, routing round in the bed sheets for your thong trying not to wake the sleeping beast. I best not get too carried away ;p Anyway price has been respecting my original 1924 support zone for the last 7 days in a row! I think price is getting ready to make more upside moves now...
As we can see on Friday bears made a big push through strong support, i want to see price push back up and re test this area as resistance before pushing down even further. There are around 600 pips between my 2 areas so this would make for a lovely swing trade. Simple setup that most people wont see as there minds wont let them accept this is a good setup as it...
As can see nice and simple yet again. Our strategy simple and effective. 3rd touch confluence we looking for. We wait for the buy. If it goes straight up from current price we just leave it and move on. x
Our price has broke the trend line and now retested and we are looking good to make some gold x
3rd touch confluence and we go long. Entry reserved for free clients get in touch x
Don't actually do that LOL I am convinced that this is a strong setup though, On the 4H we can see price broke through resistance and has now come back down to test it as support before bulls step back in and push price higher. On the monthly timeframe price broke through a trendline and has just come down to re test that as support and also price is at strong...
2015 is where i will be setting TP on my last open gold position, i entered the trade at 1960 and have already closed 1 trade deep in profit. 2015 comes in the way of good old support turned resistance so this seems fitting to place my TP here, now in the long run i think gold will break this level but trading is all about patience and Not been GREEDY! If you...
Don't forget to zoom out on higher time frame for a bigger pip trade. We posted a quick trade link below.
We should see a retest of the support level. What makes this a more desirable trade for be is the trend line is a nice confluence. Quick trade easy 30 pips. We love sniper set ups
The reason i am so against new traders starting on a demo account is that trading is mostly about mindset and emotions, now trading on a demo account takes all the emotions that come with trading real money. As you will know trading real money can leave you a mess when you take a loss when you 1st starts out, so forget the demo accounts and dive straight into a...