Looks like a strong up trend but if we see rejection in this zone, can be a nice place to sell. (Short) Looking for a Sell Opportunity.
I see the market possibly heading down for a break and retest. It is at a key level in the market and I am looking for it to pull back for a nice sell. If it decided to keep pushing up we might hit the next key zone. Market might pull back to 0.618.
Easy call. Market is reaching that supply zone again and we will look to sell here. My analysis is that the market will go up and make a double top before heading down. All of my entries are sell limits or buy limits. I would look at the market ever so LATE.. If it doesnt hit my entry, it is what it is lol
Price is headed into a Key level and I believe it will struggle to push up and create an M. In my analysis market is in an up trend on the daily, but on the 4 HR it is in a downtrend. I feel like market will continue heading down. I don't us indicators but my favorite is 200 EMA, It just a trend follower. - Market is basically below the EMA and we see that...
Look GOLD has been messing with me. I wake up early at 8 yesterday. No trade I don't wake up at 8 today. I missed a trade But I think this might be a nice trade. Easy and simple, If it doesn't go well its okay lol. (RISK MANAGEMENT IS KEY TO SUCCESS) Always risk 1:1.5 or 1:2 or 1:3
Now for those of you trading this nasty pair (meaning good) I have 2 set ups and 4 predictions. Simple and easy. Set up: BUY 1. It can push up, retest previous resistance that it broke and continue its trend up. You enter on the retest. 2. If market pushes up and It doesn't retest, wait for a correction ( mini consolidation before an expansion = push ) a. To...
Place another buy. 1. Market retested on the 1 hour and place a perfect position for a long to the upside 2. DXY is looking like its been going up, but now is heading down. ( means gold will be pushing up violently. E: 1896.76 TP: 1901.76 SL: 1893.76
Set in another position. E: 1900.61 TP: 1908.99 SL: 1895.00 I saw a retest on the hourly chart that is why I enter this trade. RISK management. Be patient with your trades. Had some draw down now in profit.
Looks like there is a correction and maybe a push to the upside. E: 1897.49 TP: 1909.35 SL: 1890.99 Risk Management if you want to enter.
Made another buy to capture another 30 pips or 3 points. Easy easy money. Saw candle was not going to push down and when I saw a quick mini push to the upside I took that buy, can secured my profit.
Took my trade for 30 pips or 3 points. Quick in and out. Have to go do something and I don't wanna keep watching my trade. 1 HR executions I let my trades run without looking but scalping like 15 min and 5 min I have to monitor. (Depends on commission) 0.01 = $3 0.10 = $30 1.00 = $300
Entered for a buy on gold. E: 1886.57 TP: 1898.19 SL: 1882.95 Looked for a confirmation candle to get in. You can trail and stop your SL. RISK MANAGEMENT
Made another trade analysis later on during the day and capture a few more pips or points. 2. Easy simple sell
Looks like it has rejected a key level 1. Expecting it to drop back to key support.
Trend is your friend - Richard Dennis Key word: If market does A, I will do B. Dollar has been in a downtrend which is good if you trade forex or a commodity. We see market is trying to push up. I would want to see a struggle at this area 93.300 where there is some form of key resistance. We do have fib drawn for further confirmation. (I want market to reject...
Market structure, can't stress that enough It is all about being patient. If market doesn't give us that opportunity we wait. We wait to see structure. Market always weed out the weak. be impatient and you lose. Enter? 1. We enter when the market comes back and retest. 2. SL would be above or below previous high or low. 3. TP would up to you but I would...
Another big up before the big down? We can see GJ is in a mini uptrend, but the overall trend of the market is in a descending down trend. (on the weekly and monthly) Looking for a Long position. I would wait for market to create some type of pull back before getting into the trade.
Simple. We drew a trend line signifying it is in a downtrend and that it is making Lower lows and Lower highs. We can say this is a short right off the bat. 1. Market broke previous support, we will wait for price to retest previous support and reject it (now resistance). - We will enter for a short position on the dotted line.