Gold Buys Updatewell done to anyone that got in on those entries, unfortunately for me i didnt get the second one. I am now using Trading View as a diary of the trades I am taking going into the new year. Had a struggle with the dollar on GU but made back nicely with gold. If anyone is interested in my method and wants to learn just ask!
Buys
USDJPY . SWEET BUYS!! we are currently looking at an ascending channel . providing higher highs and higher lows .
my sentiment on this move is a bullish market for the start of the week .Although this is only and only proven when the market shifts from bearish market to a bullish market on the lower market time frame for our buys for a probable double top
BTC LONGSBTC longs to 35k... The analysis is based majorly on price action and trends. Not financial advice though.
GBP/USD BUYS 15.06.21Similar idea to yesterday.. the price is still in the daily range, looking to play it up to the mid/high end of the range.. I am considering that there is high impact news today for both the Pound and Dollar which will most likely bring volume to the market.
Will try to extend this into an intraday position.
CADJPY 4HR TIMEFRAMECADJPY 4HR TIMEFRAME
Market Structure: Bullish
Because I am following the bullish trend, I am waiting for a short sell then look for buy positions. Patience is key if you're waiting for buy positions as well.
This may take a while to play out so I am keeping a close eye.
If you follow my texts on the screen, this would be an easy setup for both sells & buys.
TPs are labeled for both buys and sells.
REMINDER: always take profit/partial profit at TP1. Price majority of the time goes toward entry after TP1, then makes its official move.
NZDUSD 4HR TIMEFRAMENZDUSD 4HR TIMEFRAME
Market Structure: Bullish
The purple rectangles that are placed are the equal highs/equal lows. I see a lot of liquidity where I placed the purple rectangles. Since it broke previous equal highs, I'm waiting for a retest right back toward the purple rectangle (resistance), then back up towards the green rectangle line which says (NEW TARGET AREA).
The blue line where the green rectangle is placed is my TP.
The buy setup is a 62 pip move.
However, if price reverses toward the downside, I'll wait until it breaks support (bottom purple rectangle), retest, then make an entry.
TP for sells are also placed & marked up. The sells are 83 pip move. If price goes either way, both setups are in place.
REMINDER: Always take profit/partial profit at TP1. Price majority of the time retests that area, goes back to entry, then smash TPS.