Symes82

Symes82

Gold pulled down along with all the markets on the NFP. FED speakers this afternoon saying rate cuts have to be done in september and every month after that . This should be a bullish tailwind for gold and these dips should have dip buyers coming in

Symes82

Oil now down 10% on the week and in a big zone of wicks . very much doubt this will close limit down this week or today ( weekly candle will have a wick) so sticking with the previous idea just a tad early on todays trade

Symes82

AS explained in the idea yesterday. Oil gives one move push down. All 3 push downs have been measured moves around the same time as day. Sniper entry with better RR and the stop loss on yesterdays idea placed incase this move played out

Symes82

Re entering the trade idea from yesterday after goin out at BE on NFP, reason for entry is the same as yesterday. ( check previous ideas) highs and lows of the session also same time

Symes82

Price has found support at $70. Looking for the low of the week to be in . Stop loss is a nice distance away just incase it needs one last push lower. Looking for this to be the next swing low after OPEC has paused the planned oil hike .

Symes82

Using the 4 hour time frame moving average as the trend . entering on the lower time frame with a rejection of the weekly pivot that was resistance and now turned support

Symes82

Long on the basis of a simple moving average cross over signal