deadparkcity

deadparkcity

Hey guys! As you see I have plotted the zones that see clear to the eye and based on those zones I have projected the price target, The trend is based on H1 analysis, however the chart would have looked so small so I had to show it to you on the daily time frame. In any case I think the pull back will end at the buy zone and I'm buying there (Plotted as Buying...

deadparkcity

Hey and welcome back. I think gold may reach all time highs again, but theres one barrier, so if we make it to the last high I prefer to trail my TP for the last zone

deadparkcity

Hello Traders, I hope you made money on the fall of gold from the last high. most people wonder where gold may go from here. in my opinion gold is still bearish and could break the low of the range for lower targets, yet in my trading system its risky to take a sell because my logical stop loss would be far, and also I cant integrate a 5 Min entry with 4H stop...

deadparkcity Updated 

Hello traders and welcome I have posted my opinion on eurusd on bigger timeframes, but I swing trade it on 5/15min timeframes So as you see on the chart I think that euro remains bullish on the 5/15min timeframe and it started to pull back right where I wanted it to, so I tracked the extend of the pull back and we are where the aggressive trades like me would...

deadparkcity

Hello Traders I believe we are in what I call as a Mega trend. we saw early signs of bears failing who sold at around 1.08000 to start a down trend, yet they failed and price kept going higher. hence its my humble opinion that we have to look for higher target which leads us to some sort of move on the daily timeframe. in my opinion mega trends rarely give...

deadparkcity Updated 

Im bullish for now on US30 and I suggest you hold longs for the areas shown on the charts. and if you day trade look for longs.

deadparkcity

For now I see no other way for this, a trigger of stop loss could be the potential start of a bigger move down

deadparkcity Updated 

hello people, today I wanted to talk about EURNZD again. despite the harsh ups and downs I remain bearish on this pair and believe that real bears are setting trap all over the place. seems to me that theres not enough money in their pocket or they cant find enough people who agree with them. anyways ive been trying to find entries in 5 min chart to reach first...

deadparkcity

Hello again guys. as I mentioned in previous post the price of gold rallied only to get to the first 5Min resistance and pushed lower from it. at this point I'm looking to close my short in lowest box "final target" where simultaneously I will open a long position. tbh I have no clue what drives gold in the higher time frame so this buy is only considering the 15...

deadparkcity

EURUSD has been tricky since the last fall on 26th of April... but we still keep our bias and trade accordingly. as I post this analysis the price is at the very bottom of a possible range, I also believe that the target of H1 traders is not fully reached and this is the exact point where your mind plays trick with you and as trader you get confused. so for every...

deadparkcity

I'm holding a short position on EURNZD, and the main reason of this trade in the 5 minute time frame was that H1 is also very bearish in my opinion and we may go way lower than my 5Min target, so both 5min and H1 showing bearish set-ups then why not. Keep in my mind that I sold two positions because its an ongoing trend in the 5minute and because I missed the...

deadparkcity Updated 

Long profit zones are where sellers would come in to change the direction of the trend. hence if your holding long try to at least hold for TP zone 1 and look for sell in TP zone 1 and TP zone 2

deadparkcity Updated 

I’m bullish on cadchf despite the negative impact of the news on canadian dollar. This entry is a portion of the total position, if price pushes lower, im thinking of adding a second position just above the stop loss

deadparkcity

Hey guys, I closed my short position and I'm looking to sell again in the plotted areas. to be honest its really hard to tell whether the uptrend is over but for now we have seen weakness from the buyers and seems the market has transitioned into some type of range. so if we assume that the market is in a range buyers are holding their longs to get to 2360-2370...

deadparkcity Updated 

in our previous analysis we mentioned the targets of gold whether a drop happens. first target has achieved and now if you have missed the move, selling would be only logical from the sell zones plotted on the chart with a stop loss above red line and a profit target that reaches second profit box shown on the chart. I wont be discussing buy scenario here due the...

deadparkcity

Currently I'm holding long to reach the first sell zone as my target, I'm willing to add to my sell after that if the price pushes higher against me, and ill keep a hard stop above the red line. however if we get a drop from any of the sell zones I cant say for sure where our targets would be for now. the target areas of sellers shown on the chart represent a...

deadparkcity

If you are holding shorts positions on gold, these levels could be potential target levels. I also suggest keeping stop loss dynamic and close the deal with loss if we get a candle close above the red line. And if you are holding long position for a target price higher than the last high, 2477-2487 could be your potential target

deadparkcity

I believe we would continue going higher during the start of next week until we get to the first sell zone and may start to go down again or even go higher and reach the second sell zone and then go down. We have 2 extreme scenarios as well, one bullish and one bearish: Bullish set up is that we break above red line then we would go for the highest red box as long...