Trading levels 1/18/19As i mentioned yesterday 616 was a good place to start some longs, it worked out great, too bad it was in the premarket hours. Moving forward tomorrow we have 760 to 772 as a resistance area, if we break that we might see 800 or even higher, if that's the case i would like to take a short position at R2 around 823, in the other hand if the market drops i would be looking to the 50-61.8 area to start some longs.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Forex-gold
Trading levels 1/17/19The market keeps pushing higher, therefore we are looking to buy the dips if possible, price is above the ascending trendline, and it has some support around 640 which it would be a nice place to take some long positions, and if price keeps dropping 616 is also a good place.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 1/15/2019We are in a consolidation period, a break of 6640 on the upside or 6530 on the downside might change things around. The other indices are pushing higher, therefore, we might see a move to the upside tomorrow.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 01/09/2019I hope you guys had a great day in the markets, not much has changed for tomorrow, we still have the 61.8 fib on top of us, which could lead to a small correction, for now buyers are in control in the short term horizon, therefore, its safe to buy the dips.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 01/08/2019So yesterday i was expecting a rejection from the 50% level area, too bad it happened in the overnight market. Moving forward I can see that the market is pushing higher, i will expect a correction, but if the market keeps pushing higher i will be looking to take some shorts at the 61% fib level, which in this case is really close to R3. In the other hand, 6400 would be a nice place to start some longs, there is some previous structure support plus YL.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 01/07/2019I wish you guys a happy new year, I hope you were able to enjoy your holidays with friends and family. Coming back to the charts I see the 4H chart coming to a previous structure at 6480, also we have the 50 fib level around 6494, this might be a nice zone to start some short, and if the market starts moving lower i like S1 (6296) to start thinking on taking some longs.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/20/2018what a day, Fed days are usually slow with no volatility, but today was quite the opposite, a lot of volume in the morning and after the announcement. Moving forward i will expect a correction, currently, we are at the completion of an AB -CD pattern at 6288 and also we are at the bottom of the descending channel.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/14/2018The market came really close to our selling area on TH, and after price broke the trendline we knew we had a good chance to keep moving lower but had no entry as well, overall it was a good day for us. Tomorrow i am going to keep an eye on S2 (6655), i think that is going to be a nice area to look for long entries, there is some structure as well around the same area.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/13/2018We had a little bit of selling momentum later in the market on Wednesday, but price came right back to the ascending trend-line, therefore short term we are bullish, and if the market continues to rally we have our first resistance zone between YH and R1 (845-872), in the other hand if we have some selling pressure i will expect the S2 zone ( 651-671) to be a nice support area.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/12/18Hey guys, here are the levels for Wed, i was not able to trade on Mon and Tue due to some kind of virus that i got, but we are ready to continue on our journey. Moving forward it looks like the market is putting some HHs and HLs, if we can not break 6800 i think the market has a good chance of testing 6500.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/10/2018Hey guys, i hope you had a great weekend, coming back to the charts we see the NQ moving lower, it might test the 6450 low that we had a couple of weeks ago, if that is the case i might look to take some longs at S2 around 6432, and if the market starts to rally i will keep an eye in the Pivopoint along with DTL to get some shorts.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
XAUUSD. Neutral. Whichever way it breaksout, take the trade. Trading Criteria:
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow border boxes), or five daily candles for solid yellow boxes. If you're a pattern trader or pinbar trader, this might be useful here.
Wait for the breakout of the 4hr. consolidation or daily consolidation from red border boxes to take the trade. Red border boxes are the High/Low of a consolidation period inside the consolidation zone. I usually aim for 80% of the weekly ATR (or monthly ATR for yellow solid boxes) taking profit but not always at the next yellow box. I place my stop loss above/below red border box.
*These zones, with the inclusion of price action described above, have remarkable accuracy.
Yellow border box: weekly consolidation zone
Yellow solid box: monthly consolidation zone
Red border box: High/Low breakout box (5 minimum candles)
Grey solid box: monthly grid block
Trading levels 12/07/2018Hey guys, i hope you are having fun in the markets, a lot volatility thanks to news and tweets coming our way. Moving forward the market respected the short-term ascending trend-line, i will expect a small correction for now, but i think the market wants to push higher.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/06/2018These levels are based on Tuesday's trading hours, and might not have a lot of weight into tomorrow's session. The only suggestion for you guys in the short term is try to stay away from swing trading, with all the news coming to us this market is completely unpredictable.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels 12/04/2018After the break out of the descending trendline we can expect a correction, a nice place to start some longs its going to be around S2 which is 6968, which is where the gap would be filled, or 6920 at S3 where the DTL lies as well. I will wait and see how fast price goes down to these level if it goes down, otherwise, i will be looking forward to the breakout of 7116.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Trading levels for 12/03/2018November was a decent month for us, we were up 7.22% with an average winning % of 83.33. Moving forward, i am not using the pivopoints tomorrow, market is above all the levels and i think at this point they are irrelevant even if there is a correction. Maybe one place to start some longs might be YH or YC.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.