most traders are bent on finding the holy grail/ best trading strategy to the forex market, i'm sorry to say but there's no holy grail to trading the forex market because losses are inevitable in this line of work. but for you to be successful in forex trading you should find a strategy that is 'rules based' RULES BASED means, have a strategy that acts like a...
last week price closed below the 1751.94 price level, signifying that sellers are very much in control. then at the market open price rallied down and broke the 1729.76 lvl. my opinion would be to wait for a retest at the London open on the 1729-1730 lvl. observe the rejections before joining the trend. my price speculation is that price will fall to 1690.93 on a...
the gold market structure was in a downtrend structure till it broke the 1750.97 price lvl and we might be seeing a reversal to the upside to the major resistance lvl on a long term at (1785.59). my opinion would be wait for a retest at 1755.18 lvl and observe rejection and pattern before joining the trend
speculation on gold still remains the same "short". yesterday we watched price broke the 1745.65 lvl and waiting for a retracement at 1746 lvl for a downward continuation. observe rejection and rejection pattern before taking trade. you can take this trade at the London open sell limit 1739.47 tp 1730.37 sl 1768.47 ...
market is still on a downtrend , last week it broke and closed at 1747.77,so we might be seeing price going down to 1694.20 lvl on a long term. for today price broke 1746.14 making it a new MRL . my opinion is to follow the trend, wait for the retracement to the 1746-1747.10 lvl, observe the rejections and pull back patterns be joining the trend and ensure its on...
price broke the 1772.34 lvl as speculated, now my opinion would be to wait for price to retrace to 1770.81-1773.36 lvl, before a downtrend continuation to 1753.46 price level. ensure you spot rejections at retest lvl before joining the trend. what do you think ?
price seems to have establish that 1784.05 is an area of new resistance. my opinion for the market is; continue with the downtrend to 1757.79. wait for price to break 1772.67 level before joining the move, confirm rejections, patterns and structure before entering the trade. remember the London session ...
price surged downwards at the open of the market , knowing fully well price has been on an area of strong resistances on the daily time frame. now price has broken the 1783.84 lvl, my speculation is that price will go down to 1770.68. my opinion, wait for price to retest 1783.84 lvl, note rejections before joining the downtrend. wait for the London open to confirm...
price has failed to close above the 1795.61 level, and yesterday buyers tried taking over but closed with a shooting star.my opinion would be wait for price to break and retrace on the 1784.11 lvl before joining the downtrend to the 1773.60 lvl. confirm structure and formation at the London open
there has been a great battle between the buyers and seller at 1778.09 level. yesterday price closed above the 1788.09 level. my opinion would be to wait for the market makers to make the first move either to the upside by breaking the 1792.14 lvl, or downside by breaking the 1768.64
price did not break 1756.18, and price is on a possible retracement before downtrend continuation. my opinion wait for price to break 1769.22 and retest the level before downtrend continuation. wait for the London open to confirm structure. NB: check today's news release
yesterday price finally completed it's rally to the 1780.59 level. as speculated and rejected immediately breaking the 1776.00 lvl. my opinion would be to wait for rejections or a double top on the 1765.84 level to confirm area to be a new level of resistance. wait for London open to confirm structure and rejections. you can take the trade sell limit 1765.84 tp...
price broke the 1766.95 level.and market is till on a bull run . my opinion follow the trend , wait for the next retracement at 1767.56 and confirm rejections before joining the trend. you can take this trade buy limit =1767.569, tp =1774.31, sl =1753.20 NB: 1. this week is full of news, special the NFP news WEEK, trade with caution 2. wait for London open to...
price move beautifully yesterday, it broke the 1750.20 lvl. today my opinion would be, wait for a retest at the 1756.064 lvl or 1747.75 lvl. to attain structural support, wait for confirmations before joining the trend to the 1784.88lvl what do you think?
price rallied yesterday to the upside after the FOMC statement release. price broke the 1747.75 lvl. today my opinion would be wait for the next retracement at the 1738.54 lvl to confirm rejections before continuing with the trend to 1750.16 level. what's your take on my idea
xau/usd is looking short. price failed to break 1734.83 level. and now price has failed to break the 1727.33,wait till London open to confirm structure. what do you think of my idea
Price broke and closed above 1723.62 level,multiple rejection spotted including a double buttom and twinzer candle. My opinion price might be moving up to the 1749.00 lvl. join the next retrace at buy limit= 1727.30 Tp=1734.78 sl=1713.15 Wait till London open to affirm confirmation
price retraced but couldn't break the 1721.545 level. rejections spotted at the 1717.65 level, and a double top supported at the 15mins time with a bearish engulf er. wait till London open to confirm structure. sell limit;1716.35 tp=1685.23 sl=1732.44