Forex-gold
FOREX SPX500 GOLD OIL BITCOIN WEEKLY UPDATE SEPTEMBER 5 2021Hey Traders just wanted to give a weekly update on what I see happening in the markets this week. This is a short week because of the Stock Market closed tommorow for the Labor day holiday. But currencies and other markets are going to be moving with alot of economic reports scheduled. Also Bitcoin just established another leg up in it's new Bull market.
How high are the cryptos going to go?
No one knows for sure but so far it is showing alot of strength and it looks like it could test the old highs soon!
Enjoy!
Trade Well,
Clifford
How To Spot and Use Liquidity Zones In Your TradingIn this video we show how you can easily spot where liquidity is on a chart and how to use this information to profit from in your own trading
Of course for a successful trading strategy, this is only a small part of the puzzle and you will need to add many more aspects of analysis.
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Let me know if you have any questions below!
XAUUSD BullRUNOANDA:XAUUSD
We are currently expecting the GOLD market to continue rising and allow us to entry the market with long position, this is depending on breaking the resistance of 1825.86 level.
If the market breaks this level we are going to wait for a retest of the zone, use it as our support and entry the trade.
MACD shows a continuous bullish trend.
Basically there is descending channel pattern that has broken multiple times now and yesterdays break was pretty significant as the market seems to use 1774 level as a support again after 1month. Regarding this, if the market keeps bullish we are on a good way to get our profit.
Entry: 1825.86 (aprox.) - if retested
Let me know what u think.
GOLD analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
💱 USCAD 1D (Update) 💱 29.Aug.2021Update : As we can see, the US dollar / Canadian dollar pair is still in a bullish channel and is currently in a support range, so we have to see if the price will react to its support so that it can continue to grow or not That we should expect a sideway range or trend changing (which is unlikely)
👤 Arman Shaban
📅 29.Aug.2021
⚠️ (DYOR)
XAUUSD 2HGOLD (XAU) / United States Dollar (USD)
2H
Time Frame
UPDATE FROM AUG12
GREEN ARROW
Golds bullish trend towards 1800 is looking just as positive as predicted.
Over two days its went up almost 28 pips.
I think gold will reach the 1800 point before moving in a bearish direction.
RED ARROW
The red arrow is practically what gold will look like once it hits that 1800 point but obviously wont go down that far as shown on the chart but ill keep it there for the time being.
THIS IS NOT FINANCIAL ADVICE
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Thanks Guys
The Crypto Planet
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
" Man, I'm Pretty "“Now remember, I do my best work when I’m being worshiped as a god.” — Johnny Bravo.
Bitcoin king of crypto - doing it's best work, like the one man army it is!
Although it's as clear as day, crypto is here to stay - we have to be willing to see some wood through the trees. Every now and again, we need a pullback. I have written several articles around the "buying the dip" logic for a pullback, why people get into crypto and of course - a ton of educational content here around Elliott and Wyckoff. See related ideas below;
“So enough about me, let’s talk more about me.” — Johnny Bravo
You have to see the logic here and understand - that the market is taking a well earned rest, it will continue. However, you also need to appreciate the Composite man concept, is going to make life difficult for retail traders.
"Wanna see me comb my hair, really fast?” — Johnny Bravo
When working with Elliott waves - it's an obvious move here, confirmed with tools such as Weis wave to give clarity of times on such moves. Take a look at this in the image above. It's there and obvious.
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When the drop came - people where shocked, it really can't just go up forever and a day.
If you go back and analyse the Wyckoff structure - you will notice the Buyers climax linked to the sharp drop off in the Blockfi positions.
“Hey, Baby! Anybody ever tell you I have beautiful eyes?” — Johnny Bravo
You need to look at the bigger picture, the much bigger picture.
To the moon!!!
I wasn't actually meaning just the moon calls - I was meaning, the psychology for the drop, the reload and the go again scenario.
So although your all here waiting for Lambo's...
You will see that composite man want's nothing more than to take your money, he knows how to play the game and is busy playing it.
You might feel bored at the moment, jumping on every little move!
“I may be late honey, but I’m looking good.” — Johnny Bravo
So take a step back, wait for the market to give the confirmation.
“This won’t end well.” — Johnny Bravo - not for many retail traders, that is for sure!
So have a great weekend! Trade safe!!!
“Thank you, thank you very much.” — Johnny Bravo
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Battle of the AgesAs Retail traders continue their moon ticket purchasing & placing orders for Lambo's. The institutional players are fighting their own battle, waging war on retail.
Its a story as old as time, trading is a constant fight - one man's loss, is another man's win!
I have recently posted some logic as to the current situation, the time stamps, used every tool in the @TradingView arsenal. And some others. If you want to get a feel for where exactly we are on the roadmap you can watch a few of the last streams. I keep them short and on point to make them easier to absorb the information.
Here are some posts deploying similar logic, including the update after the spike (click on the images to see inside)
My business partner Paul wrote a great article on the target on Saylor's back. Although we might not get down as low, we still have to keep it in mind.
In addition to this, the Wyckoff logic that enabled us to call the top - has some interesting levels near by and so far playing by the rules. For more on Wyckoff click this link or see in the related ideas.
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Simple Higher or Lower lows and highs - show the character of Bitcoin currently.
So although our view is Bullish overall - for now I feel we are still in a decent pullback on the weekly timeframe.
Time wise - well 4's are often the most drawn out, due to the nature and logic of the profit taking and re-accumulation phase.
We cover a load of educational content and aim to simplify the logic - But as clear as day, we can see why we are where we are.
Safe trading & Have fun!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
XAUUSD | COULD THIS SQUEEZE LEAD TO ANOTHER BEAR MOVEMENTHey Traders,
XAUUSD (gold) seems to be in a consolidation between 1810 - 1795 price level, if it manages to break through the recent support we will see a push exhaustion push scenario and likely going to fall down to test monthly moving averages.
I've been in this trade for a while and have had good scalping opportunities while its consolidation like this, maybe try using a smaller timeframe with 9 moving average when it bounces off the top off consolidation for a good short trade.
Please also remember, GOLD is usually a BUY trade its always better to buy rather than sell, however, it does have its bear runs and I believe the bear run has not yet finished. :)