We have recently broken a swing high this triggers the algorithm to seek higher prices In order for them to do so they need to create a swing low to get in trend with the market. The algorithm buys in down candles not up candles. We also broke a swing Low on the weekly when gold traded to 1780. If we don't break the Previous weeks high this will complete the...
As you can see from my previous post on January 31st I showed you why I was long on gold and I bought at 1799 Today Gold sits at 1857.
100 pips in profit will most likely hold this trade for a month.
Hello, Traders as you can see we broke a swing high. Then we created a swing low. When a swing high is broken the algorithm wants To seek higher prices. In order to do so they have to create a swing low to get in trend. Remember the algorithm buys in down candles not up.
Heres the Feburary IPDA for GBP/USD 20 day is January 4th 40 day is December 7th 60 day is November 9th
Hello, Traders here's my weekly chart for the dxy updated by the way there's a typo on the chart meant to say a Swing low will form near the OB I wish you all good luck and good trading.
Hello, Traders as you can see from from my previous post I called Gold to 1780. You can see we had a great reaction. Could see price drop to 1772 Which there is a orderblock at. You can see the sell side imbalance that price has left from dropping at 1850. In the future we will fill that area. Im bullish on Gold this week.
Hello, Traders as you can see price respected the orderblock at 1850 and rallied down to 1800. I was expecting fomc to be more volatile and for gold to rally up from 1820. However, that wasn't the case. As gold is entering a discount market Im waiting for gold to drop down into the Bullish orderblock and ideally be buying at 1880 which is a algorithmic level. We...
Hello, Traders here's my analysis on NZDUSD Im undecisive on NZDUSD at the moment I will have to wait for Monday to have a clear direction. I wish you good luck and good trading.
Hello, Traders Im expecting bearishness on the dollar next week. I want to see DXY give a strong reaction off the Weekly Orderblock. Ideally, since Im bearish on DXY I want to see price above Sunday's opening price on Monday which would be Premium. We know banks sell in a Premium. Why would they be selling at a lower price(discount). It makes sense that they...
Hello, traders this is my weekly chart for XAUUSD. As you can clearly see price is moving into a discount area(cheaper price) where banks are looking to buy. I would like to see price retest the weekly orderblock at 1880 which is also a algorithmic number.
i see reversal confirmation on LTF..so this could be the crash I see dxy going up even tho looks super bearish, and i check everywhere, + tradingview 85% of people are selling and expecting a huge crash so i think its gonna go up and gold crash and its also aligned with daily OB and weekly OB but i could be wrong and it crash to a and a specific daily OB, FVG and...