- Forex - Gold Analysis Session Reversals - Zone and Volatility indications - RSI14 - Consolidation and Patterns
- Daily/ Weekly Intraday US30, Gold, Forex - Trendlines/ Circles - RSI floors: 2nd, 3rd buy - Time Cicles
Our last trade was a pullback, I will share the M1 timeframe for more clarity on this. But it still went out on Exit 1. So how do we handle the fear of a reversal or mistakes? Even if volatility is huge and we have a direction but we see that for example there has been a bigger reversal against our trade, but of course do not know how long it will last. Having a...
There was a move after News, I ll use momentum and try to go with it with small goals at a time today. 500 pip SL. Medium Risk
Probability is high USDJPY will keep climbing. Do not enter without confirmations. Green is the entry zone, the trade could play out throughout the afternoon or tomorrow depending on volatility or market activity.
Generally from an intraday perspective, accumulations are often dominated by greed and take longer than distributions, where fear is the emotion that rules the price. If you find a good Entry for buys at the bottom or 0.5 of the range, it can be a good indication for continuation. Take a feel on the market, if it doesn't break the range tonight, it will most...
We are getting into a new trend and moving in between old and new DKL in DJ30. Let's wait for after News this afternoon to see if I find a good Entry. Alarm set at 39.069
Ok, I m done for today, but if you want to watch this, NY buys could be still open. H4 is still bullish. Wait for momentum, wait for lower low: Entry. Keep an Eye on RSI M30 downwards. The higher TF is controlling. Theoretically you can follow these trendlines, until they leave the honoring zone ( in this downtrend the one above)
This is a typical example that triggers FOMO. We set an Exit 1 and 2 and course gave us a waterfall on Exit 5 or more immediately. if you are not careful Fear Of Missing Out will hunt you with those kind of examples. When market shows you, you could have been greedier.. "could have" is dangerous. Because on an Exit 1 and Exit 2 results can be measured. Don't...
New idea around 2327.6 If the following conditions are fulfilled this is a good sell for the follow up of the NY Session. - Momentum - RSI Reversal in 5min Direction is given in H1 News was good on USD meaning, it should theoretically reverse soon.
This could take both directions, see how for sellers, its an interesting break of structure and for buyers its generally an interesting floor that failed to go more bullish after the last reversal. But because of the planetary conjunction coming up, soon, 14th June, 6.30 pm GMT+2, it can reach a lower low and continue the prior trend until the vertical line, as...
As you can see on all time Gold, the pattern repeats in all timeframes. There is the exact same pattern for the weekly as for the daily and so on. The latest double peak repetition (in violet) looks like a repeating failing trend.. You know like the ones that alarm us to exit an investment early. Its possible Gold will not arrive at this high for a long while if...
If my levels are right, this should shoot up or down real fast while passing into a new trend level. Passing down to the old one would mean a new honoring resistance. I will be watching this one and try to get an entry for after US-News. Because Mars in in Sixtile with Moon (red vertical line) I expect irritability / more SL hunting throughout the day.
I like this theory because we have clear trend circles. I studied the last few months, and trend is usually resisting the blue level, likes to be around 0.618 and keeps coming back to 0.5. Even though its not the easiest part to find the current trend. And its also not part of my strategy, rather than a pretty add on for an already trending market. What do you...
Reason 1 for bullish is, course picked up volume and reverses at daily floor. Secondly RSI in H4 is showing convergence, it could drop further along the floor and then take a turn around. Reasons to continue are first of all the liquidity gap below our range: As Gold had reached an all time high few weeks ago, it could look towards consolidating in a lower daily...
I will try to get en entry at around 38.762 when it comes back down. I am expecting a smaller pullback until the pre opening of NY.
In light of the recent Mercury retrograde cycle, we have observed significant market movements that align with key zones, suggesting potential reversal points. Let me clarify: while I acknowledge the historical correlations between planetary movements and events, I do not base my trading decisions on astrology, nor do I consider myself an astrologer. This...
When you look at the daily range on DJ30 you can see that those zones ( horizontal blue) do not offer clean entries, because they are being honored. But we get a clear direction and momentum and even though there is no clear RSI value, instead we have much volatility and a diagonal trendline being supported various times. The less distant it bounces from the...