Hello traders. Although I did not get in on the potential scalp trade, we can see on the 30 minute chart a dip down, as i posted before as a good probability of happening, and then the move back up. NY open is in a nour so we may see another push down to clear out some longs. I am just monitoring for now but will post if I take a trade. Big G gets all my...
Hello traders. We have just started a new 4 hour candle, and I have marked my area of interest to watch the lower time frames for confirmation for scalp buy / sell positions. Waiting for Pre NY volume in a few hours . Sometimes we will get a reversal of what happened during the London session as we get closer to the NY session. I am not saying we are going to...
Hello traders. As per my analysis yesterday, gold touched down into my area of interest and my entry is marked by the green line on the chart. I currently have a runner ( the ramaining 25% of the trade) running, my SL is my entry point ( break even) and I marked where I already secured 75% of the trade's profit. Big G gets all my thanks. Let's see what today...
Hello traders. Just a quick post as the market just opened. I am watching the overnight sessions to see if we tap down into my area of interest(s) for a possible Long position. This is just speculation and not based on price action. If support can hold, after that nice push down that we had, we may push back up. Let/s see how things play out. Big G gets a...
Hello traders. Just a quick post to show my area of interest on spot gold. I will be watching to see how gold reacts when we break out to either side. I am in no hurry to rush or force a trade. I will update later on after the London market or for the Pre NY / NY market later today. Be well and trade the trend. Big G gets all my thanks.
Hello traders. Although I didn't trade the news today, my analysis was pretty spot on. Had I benn looking for scalp buys, it would have been nice. After getting bogus numbers month after month by Joe Biden's fudged numbers, I took some time off until after the election. Saying that, I will post intraday charts for potential scalp trades now that we have a real...
Hello traders. We have CPI news today here in the US in under an hour. I am looking to see what the numbers look like but I have marked my area of interest for potential Long / Short scalp trades. I am not trading the news today and currently the $2880 area is what I am watching. Let's see how things play out. Should be very volatile today. Big G gets my...
Hello traders. Just a quick 1 hour chart post. I have marked my area of interest for a small scalp buy / sell trade possiblity. This is just something I am keeping my eye on. For me, being in the US, I am waiting for the Pre NY volume to come in. Although I am currently checking out the London market, which impacts the direction or correction for the NY open....
Pretty spot on analysis. I took the Buy once we broke above $2906. Nice scalp trade. Big G gets my thanks. Colsed 75% of the trade, my SL is my entry point(break even) and a runner , the remaining 25% of the trade is running. Kaboom
Happy Monday traders. Nice push up since the market opened last night. Usually when we see this much upside, when the Pre NY / NY market opens, we may push back down to take all those in profit out. I have marked my area of interest if we retest the original break out area. This is just specualtion on my part as I work on price action, what is happening as I...
Hello traders. My apologies for not posting consistently. I am about to get back on the spot gold trading train now that we have an actual leader here in the USA and we will get actual, factual numbers again. Saying that, we have news this week, we just hit another all time high last week, and I have marked the area I am waiting for a break out from . More to...
Hello traders. Taking a look at the 4 hour chart I have marked my areas of interest for scalp buys and sells. Lower time frame confirmation is needed. I am waiting for the NY open. With a true leader like Trump, we may see some serious volitility. I am just being patient and trying to trade the trend. Let's see how the 4 hour closes. Big G gets all my...
Hello traders. News today pushed gold down to clear out any long positions only to find support, fill the wick and move back up. Let's see how the next hour plays out. I did not take the trade although $2680 may be a good place to watch for Longs if we hold support. Otherwise another leg down is possible. Be well and trade the trend. Big G gets all my thanks.
Hello traders. After a few months away from the charts (I have been focusing on my crypto and Bitcoin holdings) I just wanted to post a quick 4 hour chart. I marked my area of interest. We have NFP here in the US in under 2 hours. So for me, being a Friday, I would trade carefully. As we trasition into a Pro America president, I believe we will see significant...
Hello traders. Just a quick post to say here we go!!! This will be an epic bullrun. I have bought every dip of 10% or more since the halving and we are in an excellent position to just hold until 2030. Probably shave some off if we hit $300k or so.. Let's see how it plays out. So many saying we will hit $500k. For me, $265k a coin is what I would like to see...
Hello traders. Hope all is well with anyone reading this. Taking a look at the 4 hour chart I we have moved down nicely to an area of interest that is marked on the chart. We could see a deeper pullback to the lower area of interest. For now, we are mid week, Trump is gonna be in the house real soon. Dollar could keep pumping .... Patience is key. I want to...
Hello traders. I had to take some time to thank God that Trump got elected. Saying that, I have marked my areas of interest on the 4 hour chart. I am in no hurry to rush a trade or force a trade. Let's see what the NY open brings today. Bitcoin is shining nicely as well, hope some of you got in. BIg G gets a shout out. Veterans day here in the US so thanks...
Hello traders. We have the presidential election here in the US tomorrow. This week should be interesting. I will be looking for Long positions at the area marked on the chart if support forms. I have marked my no trade zone for now. Let's see how things play out when Pre NY volume and then the NY open today. I will post an update / lower time frame chart in...