I’m trading gold (XAU/USD) using the same breakout strategy as with NAS100—placing a buy stop at yesterday’s high and a sell stop at yesterday’s low. With gold currently trading near its recent highs, this setup is designed to capture a clear directional move in a market already showing strong safe‐haven demand. Market Context: Recent reports indicate that gold...
Chart & Levels: Buy Stop: Placed at the previous day’s high (see the green line on the chart). Sell Stop: Placed at the previous day’s low (red line on the chart). Idea & Rationale: I’m using a simple breakout strategy that allows price action to confirm direction before I commit. If NAS100 breaks above yesterday’s high, I’ll go long, expecting bullish...
Determining market turning points with pin point accuracy
We're looking for price to create the high of the week on tuesday then a breake of friday's low
a change of character indicates on our H1 timeframe indicates that price might rally to the upside
Usdjpy is looking to rally up after hitting our demand levl on the m15 timeframe