When price hits 155 things are going to get dangerous and a massive explosion is going to happen! Bulls are going top push price into this 155 level then from there bears will take over and massively push price down. The reason 155 is such a key level is self explanatory from looking at my chart, but you can see the 155 level has been used a number of times...
USD CAD is only going down to me, both through technical and fundamental reasons. Technical you can see that 1.26 is a key level and is a nice round number, you can also see marked out by my yellow boxes where price has touched and respected this level, so when it touched it bounced! Fundamental, The economy is f@cked and the amount of money the US are printing...
DONT BE RUDE! I am on about it is going to rain down money when 1765 breaks ;p I don't want to know what you get up to behind closed doors. If 1765 breaks then Gold price will make considerable bullish moves! Price has just been ranging between 1765 and 1675 since 1st march waiting for the breakout to happen and boy when this breakout does happen we are going to...
1765 next stop on the Gold bull train? As you can see i have been a star and marked out some very key psychological levels for you all to use... You are welcome ;p If you would like some pointers on how to find these simple levels then send me a message. I think the bears are pretty exhausted at the moment and price hitting 1675 last week could be the start of...
I think we will get a pullback to 52000 before more possible upside moves, if we do reach 52000 i will be buying from that level, i certainly will not be selling down to that level as price could just rocket from where it is now. My views changed on Bitcoin as soon as Elon Musk invested into it, anything he invests his money into is a good idea. Im still not sure...
Or are you just happy to see me? ;p Oi Oi keep it PG! I dont want to get banned haha. I dont really like trading this pairing at the moment as i can only see massive weakness coming for GBP and USD with the economy the way it is, so my views are this pairing is going to be rather unpredictable this year, 2 weak currencies going at each other.. Anything could...
If you are interested in taking part in this challenge just drop me a message! This is where we take £100 and trade it to £10,000, we post the trades we take so you can also take them and follow us to 10k if you like. As for gold price respected my 1969 level and also my 1789 level, i will be looking for price to break 1789 before taking more long trades, overall...
Downside moves from 148 are coming, As we can see this has been a previous daily significant high and also if you mark 148 on you chart you will se it has historically been used as a good support and resistance level many times before! For me GBP should weaken soon with the lockdowns and all the businesses not able to survive, technicals line up with fundamentals...
1.20000 is a key level if you draw it on your chart and go to the monthly timeframe then zoom all the way out you will see how many times it has been respected as both support and resistance over the years. Remember the higher the timeframe the level you find the stronger it will be, therefore more likely to hold. Also remember to look at DXY when trading any USD...
I can defiantly see more upside moves coming from gold this year and could this be the start of this next bullish run? As you can see marked on the chart i have a level that has been used as very strong support and resistance before (marked out by purple arrows) Now price came very close to touching this level, so close i myself would class it as a touch 1769 i...
Bitcoin itself has no value at all unlike Gold and Silver which can be used as money and used in everyday items like solar panels. Price is purely speculation, yes if more people believe price is going to go up and buy it then price will go up, the only problem with this is you need more people to keep buying and eventually the supply of fools will run out.. This...
Bitcoin itself has no value at all unlike Gold and Silver which can be used as money and used in everyday items like solar panels. Price is purely speculation, yes if more people believe price is going to go up and buy it then price will go up, the only problem with this is you need more people to keep buying and eventually the supply of fools will run out.. This...
A break of my blue support zone will see price push significantly lower, USD weakness is coming after DXY is finding a nice resistance zone which will cause USD to weaken probably the rest of the week. We can see price respected my yellow support zone as resistance, this level is a key monthly level also so the setup holds more weight than a 1H trade setup. I can...
Look how clean this chart is and how SIMPLE it is to understand! I really don't know why so many people insist on having 100s of indicators on charts where they cant even see what price is doing. We can clearly see a strong support level here on the daily (125) and this is where i am looking at price hitting before more bullish moves up. Now price has already...
I can see a little push down before that bigger bullish move that is going to take price to HELL! The reason is we are at 4H resistance so i am going to catch a few Monday morning pips to start the week off the correct way with a bowl of Gold coated cornflakes. This is a trade i will be watching closely though because if we do get the break of this level we...
Down we go!!! Now if the world was normal then i would say the technicals were really STRONG and i would be taking BUYS off my 141 level as it is a key level that has been used many times as support and resistance... But the world is far from normal so i am shorting the HELL out of this! GBP can only go 1 way for me and that's DOWN! Why i hear you ask!? Because...
I can see a push down to my support zone before price bounces and bulls push price back up and through all time highs. Would i sell down to this level, nope! I would play the waiting game and see if price does push down to this level as once price decides to push up it moves like a bullet train, and i dont want to be caught on the wrong side of that. Do i think...
1.20000 is a lovely buy area for me, this has been used as a key support and resistance level historically and will be used many times again as it is a nice round number. On December 1st 2020 price broke through this level which was acting as strong resistance! Price has not since come down to re test this level as support which i think price is on its way to do...