Commodities
CFDs on WTI CRUDE OIL 1HHOW TO USE 200 EMA TO BUY COMMODITIES.
1 - 200 EMA standard measurement of bullish
or bearish trends in commodity market.
2 - MA breakouts have multiple false breakouts.
3 - Wait for a breakout and then a retest of EMA.
4 - Buy at breakout of high of breakout candle.
If you want to predict which commodity trading levels are worth to base your trade-off, then look no further than the 200-day moving average.
The 200-day EMA is regarded as being the standard measurement of bullish and bearish trends in the commodity market. However, a breakout of the 200-day EMA is not always a reliable signal. The reason is that like with all technical indicators it’s prone to give multiple false signals.
A simple solution to this very common problem is to wait for the breakout of the 200-day EMA and a retest.
This means that you can buy/sell commodities at the first retest of the 200-day EMA.
Now, we know that not many traders have the right amount of capital to invest in the long-term.
Holding a position for a yearlong period is not suitable for everyone.
If you don’t have a big account balance and the patience to ride the cyclical commodity trends, you’re better off if you stick with short term commodity trading
Gold Price Will be $2000| Silver Price Will Be $20 end of 2020I just want to inform to all traders out there that the price of XAUUSD Gold will be touch $2000 and the price of silver will be up to $20 by the end of 2020.
If looking into the history of the gold, long before the price reach $1000, many traders will not expect the price will be going to hit $1583 today.
Year 2000 = Price $277
(10 years later)
Year 2011= Price $1921
Drop year
Oct 2012 - Dec 2015 = Price $1046.46
Demand increase
Year 2016 - Feb 2020 = Price 1583
End year 2020 = 2000?
WHY? If looking into the mining and production to produce gold bar has been drop recently. Comparing to the crisis now that want gold to be a safe heaven asset.
Fiat currencies that you have in your pocket will decrease its value. If you trade forex, just the all of the currency. Are the going up? The answer is NO.
All currencies is dropping.
Tips for you guys for long term:-
1. Currencies- Sell for long term for position trader
2. Gold and silver - Buy for long term position trader
3. Commodities - Buy for long term position trader
What ever supply will be finish and could not cope the demand, go for long trade
What ever supply that losing its value per time, go for sell trade
You will not losing money if you hold your trading as per my tips (just make sure your account balance is high enough to run the price movement and put a low lot)
By Zezu Zaza
xauusd new updatewhat I am looking for is for a sell move, I believe that the price should go down before it goes above the 1600 level. entry point 618 level of the mini-trend. I'll take entry with good rejection confirmations. Tomorrow is NFP we can expect it to fall but let's see what will happen.
Goodluck
GOLD patterns bigger picture so just have a look right at both price bars and ask yourself at this current moment do you really think gold is still gonna move higher ? yes might creep up a little bit more but this does show more signs for moving lower again at some point in time
my overall bias for gold is to move higher eventually but i cant see this happening anytime soon and just look at the size of the last corrective phase ? course there's going to be buys and sell within this structure zoom out and just look at price action
this tells you everything you need to know but yes this could all fail and gold could just fly to the moon but just be aware that this shows signs of moving lower
hope this help a few as i've been getting a lot of messages about gold this is just what i see has anything can happen
hope you've all had a great weekend lets get some profits :)
PrimedTraders Daily Watchlist: Lots of assets in playWe didnt release a daily watchlist video in a few days... but we are back!
Today we are on a mission to recover some losses from yesterday and get back to reaching our 6.5% profit target for the week.
We have quite a few trades going on WTI and many forex pairs so watch this short video and understand what we are doing and why.
Gold Potential Buy SetupConfluences:
Support region/Line + 15 min Double bottom
How will I enter ?
I will wait for a clean break above zone and retest once a bullish candle forms I will buy.
Take profit - Is in the region of of 85-95pips.
Stoploss will be 25-30 pips.
We are looking at a 1:3 risk to reward ratio.
XAUUSD – GOLD has to decideWelcome to our Academy. We’re here to help you achieve what you have been looking for.
Use our free analysis where you have everything you need for potencial trade ideas and profit.
XAUUSD – GOLD has to decide
Trend: Sell/ Neutral
Price now: 1560.17
Support/Resistance:
R3: 1588.15
R2: 1577.45
R1: 1563.08
S1: 1555.12
S2: 1540.16
S3: 1531.75
Price action:
Overall flow on xauusd is bullish, but that doesn't mean the price can go deeper then it did. Price of gold is at decisional point between 1563.08 resistance level and 1555.12 support level. Once one side will break one of these price action levels we can go with the flow. We'd be carrefull especially at selling because of overall bullish flow. On the other side if bulls are able to break first resistance, then we might easily see following buyers targets.
Potencial trade idea:
Bulls targets:
T1: 1577.45
T2: 1588.15
Bears targets:
T1: 1540.16
T2: 1531.75
NOTE – We are trading XAUUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
AUD/USD - Explosive analysis - ASRThis is a great first post!!!
So recently we transferred from our other tradingview accounts and decided to start afresh, again with a trading view orientated around our Fund
W2 Capital - Select Alpha, and our trading community W2 Trading!!! with that in mind as we near the end of January 2020, Bradley and I spent some time conducting our A.S.R and going over the data for AUD/USD to capture our trading data and dig deeper into the statistics behind our positions!!!!
This is just a snippet of how we trade and exploit our Edge to capture Alpha!!!
January has been an insane month and we are looking for to opening up our doors and providing you all with extreme value whilst helping you learn how to trade the financial markets!!!
Gold OilGolds...it looks like it will prove to be a bear trap...but still has to move higher. Oil did not look like a buy yesterday, but might be generating a buy signal now...but is not an easy trade ( which is why I post "tutorials" and not trades...and that way...you might end up calling me stupid, but you cannot claim that I told you to go long and lost your money ).
More detail Video 21.20.20 More detail from the previous video...possible for some trades to look to short ( and make money ) when I would be looking to be long. And they might do this because they they know where the other sellers are...and they are willing to take the trade...with a reasonable target and an acceptable risk for their trading style.