#Gold Moved Up As Expected - Trading Plan For The Next Week Traders, Gold went straight to our FCPzone and started to react to go to the downside. We were able to capitalise on this move by taking good short trades for day trading. This move in past week can be considered as a pull back into a previous resistance/consolidation zone. This pull back upwards was also expected because of completion of an FCP "M" Pattern.
Follow the arrows for trade plan and management.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Fcptrader
#NATGAS #NaturalGas Is stuck between zonesTraders, #NATGAS #NaturalGas Is stuck between zones but has good day trade or short term opportunities on both long and short. This is our last analysis and it is still valid. We are trading between these zones and levels.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#Gold #XAUUSD May Go Up But Only To Come Down Again Traders, As DXY is expected to a take break GOLD (XAUUSD) may start to move up a bit. This presents us with very good opportunities for both bullish and bearish trades. Long term Gold is expected to fall further but there is a very good FCPzone coming which may push the price upwards. Beware of post fact analysis people and media reports. :) So next week (as it is month end as well) we will be looking for bullish trades (short terms/day trades) and bearish trade set ups for bigger profit targets if Gold moves up in to the upper FCPzone. If the lower FCPZone is broken then we are looking at a huge move down to 1720 levels. But we will have to wait for that.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#DXY #Dollar Has Started To Breakout. Waiting for a ConformationTraders, I have been long on Dollar since the start of September. In all mys analysis for past 1.5 months have been talking about DXY picking up strength. Right now it is about to breakout from an important level. Waiting for a confirmation to build position further. If dollar will pick strength then we know that other major currency pairs and gold and silver will also move. So make the most of this opportunity.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#USOIL Levels To Watch Out ForTraders, these are the levels that I am watching. Currently it is making a double top which can turn in to a divergence play when it reaches the lower zone.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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