Daily A strong bullish channel on gold daily indicates a strong momentum towards the ATH. After a bearish retracement in Aisa, Im anticipating a bullish continuation in London. Potential RR 1:6
Fundamental Sentiment Inauguration Day- Anticipating a bullish dollar NY open Directional Bias New York bias - Bearish bias Price Action: AMD Model this session: Accumulative price action in Asia, Bullish Manipulation start of London session. Anticipating a bearish distribution in New York 15mins market structure shift with a clear AOI at the...
Directional Bias Asian Bias: Bearish bias Price Action: Reversal began on Friday, anticipating a continuation of this reversal from the bearish orderblock at 2699. There are two opportunities of entry in this retest. Setup invalidation If price moves back above the high of Frdiay, this setup will be invalidated
Directional Bias London Bias: Bearish with price targeting keyH1/H4 levels at 2690 & 2684 Price Action Price delivered an aggressive bullish continuation with negative retail sales yesterday. I do see this being the final expansion before a more sustained short term reversal that may continue into building permits data release tonight I would enter at...
Trading for Profit vs. Trading to Make Money There’s a critical difference between trading to be profitable and trading to make money. While they may seem like the same thing, they’re not—and as a trader, you must decide which approach you want to take. If your goal is to be a prop trader who actually makes money, here’s 3 ways you shift your mindset and...
Fundamental Sentiment Retail Sales Sentiment: With positive inflation data, retail sales are expected to increase tonight, which would be bullish for the dollar. However, in anticipation of this release, we’re currently seeing a decline in the dollar and a rally in XAUUSD. Directional Bias London Bias: Bullish, with price targeting key H1/H4 levels at 2700...
Good Morning, Yesterdays bullish candle close confirmed the start of a new bullish cycle towards the recent high. In this video, I discuss shared my projection of price between Asian session and New York session
Good Morning, Yesterdays bullish candle close confirmed the start of a new bullish cycle towards the recent high. In this video, I discuss shared my projection of price between Asian session and New York session
Hi Traders, Price has moved as anticipated this morning. In this video, I share a new trade idea which is a follow up from my bullish bias in Asia session. Short is the likely scenario in London. Please feel free to share your thoughts in the comment below. Happy Trading x
Good Morning Asia, This morning, I'm anticipating a long from 2510.50 towards a prior imbalance at 2510.10. I'll be waiting for a 1 mins entry confirmation if price pulls back towards my entry zone. Price is currently in a bullish cycle on the 15mins and 30mins. It is important to note that the H1 timeframe still seems to be in a bearish cycle (see chart-shot...
Hi Traders, It's been a while but I'm back version 2.0. Just a short video breaking down the gold market from the daily to the 15mins timeframe. On the daily, its clear that price is currently sitting in an accumulation range where we could see further bullish expansion from in the coming days ahead. On the 4hrs and 1hrs, the market is very clearly...
Good Morning Asia, On Monday, I shared a Long opportunity with my second target at 2369.80. Although I'm still holding this position, I've identified a scalp opportunity this morning with a good R:R opportunity of 1:6. Price is currently accumulating and preparing for that final bullish expansion towards 2369.80. I believe a bearish continuation in-line with...
Good Morning Asia Price is currently in a daily accumulation range with a purge of the range high signalling a bearish towards the range low. This makes my predominant bias on the daily bearish. As it’s the start of the week, I'm anticipating a continuation of Fridays move. This morning's setup is framed on the H1 timeframe. Price is still within a bullish...
Good Morning Asia, Anticipating a correction on Gold today towards 2371.19. Although price is currently accumulating, there is a clear break on the 15mins with price purging the recent low. This would undoubtedly attract more sellers in the market anticipating a continuation of the downward move. I see price moving against these sellers. This is a risky setup...
The quarters theory challenges the notion that financial markets are chaotic and that market prices are random by demonstrating constant orderly movement of price from one Quarter point to the next. In this publication, I will delve into the fundamentals of Yotov's Quarter Point Theory, its significance, and how it can be applied effectively in forex trading. ...
Good Morning Asia, A fantastic day yesterday for Gold. We saw the completion of our bearish cycle with price breaking below the HTF LOR in NY session. Today, I can see that price has now established a new H4 break which will be my frame of reference for todays trading. Here is a chart shot of the H4 range and what I project. Based on this frame, we can see...
Good Morning Asia, Today, price is still bearish on the H4. Although we did see a move towards the LOR I identified yesterday at 2407.18, price only tapped this level before pulling back into the range. There is a very strong likelihood of a continuation back down below the range but if you've traded gold long enough, you know that it has a tendency to stay with...
Hi again, This setup is a follow up from the first trade I posted this morning (for me). Now that price has tapped into the M15 buyside target as well as the imbalance, I'm now anticipating a sell opportunity from above this high in-line with the HTF pre-dominant trend. My entry is positioned at a STH on the LTF which is within the H1 -OB. I'm placing this...