H1 view I can see there was a breakout today before FOMC then the price did pullback to 100.2 which is very strong resistance I am going to long now and aim for 101.16 and 101.605
Broke the trendline now, I am going to buy the dip around 101.4 - 101.65 2 targets set and once it will go there, I will continue with the short position at the trendline.
I am expecting the bearish flag will form today possible at 1342.92 (or 1344.04 or 1346.23 because Gold is unpredictable.) It might go down to 1330 if this trade follows my plan.
I am a fan of Gold because it's unpredictable and it's kind of challenging :D Long positions would be nice at 1331.85, 1331.26 and "1329.79" and we have got EMA 200 and previous low that will support us. Shall we make this trade happens? Target will set very near because it has broken the trendline and revisited twice, this tells me it's a downtrend on H4 TF...
GBPUSD is in the down trend but I see opportunity to buy at the same low. pretty simple on this one, my plan is to execute 2-4 positions and close half when it will back to test the trendline.
USDJPY was tested previous trendline and could not break though. I will short at 102.33 and head down to 100.87
Simple one which is bearish flag has broken down. target 1335
I have been watching NZDUSD for a week now and I really expected the cut rate would drop the NZD but it didn't. I got 2 positions 0.73150 and 0.72860 executed during the cut rate minute :D, but I plan to add some position there when it will test 0.7298 - 0.73045 if it will make higher high I will cut them all because I hit SL one already on my last idea. Good luck :)
we got a nice long trade yesterday on my previous idea. The price tested the trendline around 1342 and also EMA200 and EMA100 were there. (very strong resistance) I will add more some positions at 1335
Another opportunity to short NZDUSD, I am waiting for RBNZ Interest Rate Decision on Thursday and I expect the price to pull back to that level 61.8 or 50.0 will be a great place for my short position.
I can see that 38.2 is holding the price and it tested 1334.5 several times but the price could not go though. I will long from here and target will be around EMA200 or 1345 something
I do not know when it will touch the trendline but in the chart I would say 15 August 2016 MAYBE I don't care when but once it will be there I will be a buyer on that day 97.322 hopefully. Let's wait and let the market answer this. My opinion USDJPY always opposite of Gold so please check my idea out as I always trade these pairs together I don't know why.
First off, I am more for the short position on AUDUSD because the price will touch the weekly trendline very soon, but who know the future. I might have some pending Short position and see what the market decide on this pairs.
First off, I am a fan of Long position on Gold as you can see my previous idea that my long term target is 14XX Tomorrow is big day because Gold is facing the resistance right now around 1375 same high last month twice times and both were rejected. This is the third time Gold is going to have another try, My prediction is that In case if, Gold will pull back...
I will be waiting to buy at 37.59 and 37.5 same low on the left was very violent rejected the zone and will be this time I hope.
Gold price is going up for couple days and it keeps going higher and higher. I assume that someone will be taking some profit at 127.20% as if I hold long position I would haha Once again nice area 127.20 level same high on 17.03.2014 I will be the seller there. 1392 and 1392.5 SL will be very close let say above the trendline because Gold is uptrend, but nice...
Gold broke the decline trend line yesterday after FOMC and BOJ interest decision will take place in next 5 hours. I still believe that Gold is not done with up trend yet, Buy the pull back is great idea on this trade plan because BOJ decision will pull the price to our best entry shot I hope!! I will be waiting my 2 position 1230.5 (EMA 20 H4) and 1327 (EMA 100...
Short USDJPY at 106.812 same old high great resistance plus the 200 level of Fibo Nice area to short with very low risk