This month I only trade Gold. Here's an analysis for today. The only problem is that its not 14:00 South African Time Yet. Risk Wisely. Enjoy the profits.
We need to approach this week with caution. On the daily timeframe, there's a clear upcoming buy movement. Whilst on the lower timeframes, there is bearish movement before the market potentially buys. I will discuss the buy here then on my next post. It'll be the sell setup(I don't like that one). 1. The market is at a resistance zone(M30 & M15) 2. A support...
My setups as always are not complex nor hard to interpret. The market has left a nice gap for us to aim for and recover. The market won't move so easy. However, the market has given us a destination . Lets Get there.
My setups as always are not complex nor hard to interpret. The market has left a nice gap for us to aim for and recover. The market won't move so easy. However, the market has given us a destination . Lets Get there.
Pretty Simple Setup here. I used supply & demand zones to determine the markets future ENTRY & TAKE PROFIT. The long bullish movement that occurred because of NFP has to be recovered. Simple Forex Math. Risk Wisely.
1:10 Trade Place Sell Stop at the marked price zone. Risk Wisely. Some capital gain before NFP
1. The gap needs to be recovered. 2. A double top is formed at that gap hence the market should buy. (Retest) 3. Only buy after a Break & Retest occurs. 4.Fibonacci Retracement(Golden zone) is a target. 5. Risk what you are willing to lose.
1. Third touch trendline 2. Bearish Market 3. Experience Use Proper Risk Management OR Full Margin Way!
1. Third touch trendline 2. Bearish Market 3. Experience Use Proper Risk Management OR Full Margin Way!
Stay Alert upon the buy entry point. Use bullish confirmation factors to enter
I capitalized on the nasdaq sell after CPI. I plan to do the same with GOLD. Enjoy.
Gold short Buy Long Sell My analysis speaks for itself. Wait for confirmation factors before you sell.
Potential EURUSD Movement Bearish Movement CPI & PPI can push the market into Take Profit
We are currently in profits. (Previous Analysis) 1:4 TRADE - Short Trades help to have a bigger capital to continue to sell. Hence, we'll place more sell trades upon my entry point. BUY STOP @2360,138 Use Risk Managment
My analysis speaks for itself. Market Structure + 5th Wave Movement
Gold buys due to all the bullish confluence factors. Market structure and etc. Choose your PATIENCE! After NFP, we'll come to a conclusion. Tryna swing and sit back till CPI.
Now, the bearish scenario might seem like a stretch. However, its all logical. Third touch on the trendline. Resistance Zone on all timeframes(CMP) Exhaustion candlesticks on H4. A Doji Candle on H1 & M30. Bear in mind, its a bullish movement. Therefore, it could opt to buy first then sell. If your trader. You know what I see.
Bullish Trend could possibly continue to push up to my MARKED TP. Market Structure 1.Breakout 2. Accumulation 3.Breakout 4.Consolidation 5.Breakout - most likely to be caused by NFP. If the heads & shoulders is respected. Enter after a BREAK & RETEST.