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TommyXAU Educational - What i mean by clean rangeGood afternoon gold gang, hope you're having a good weekend. I thought id hop on to share with you a piece of information of what i mean by clean range. Ok .. Say you have 2 key levels in price .. we have had a big news event causing a big red candle to the left hand side. This has left what is called an imbalance. An imbalance is where the wicks of the previous and after candle don't meet. Backtest that one yourself and see how many times these imbalances get filled. Price is coming back up and closes above the key level .. it is now a high probability that price will come up and fill that imbalance and the clean range. I call it clean as there is no traffic or hurdles that should stop price on its way up. Again, adding to the probability. Simple as that really guys .. Please leave a like if it was of any help to you and ill see you this evening for market open! TommyXAU
OANDA:XAUUSDEducation
by tommyXAU
3
XAUUSD 28/4/23 Outlook. Back into the range. Good evening gold gang! Another great day on the charts as we got the sells right at NYSE open. Beauty. /im going to be brief with this one as we are back in the range now .. hugging that 1993 yet again. I feel there is going to be some kind of big announcement coming that will blast gold out of this range .. might get it tomorrow Buys and sells are set at the extremes of the range with targets too. I’m running out of battery so i gotta be quick hah .. thanks again for all the likes and follows today .. means a lot. This really has become a passion of mine since Xmas .. helping guys get their head around the yellow metal. Please like and follow along for more gold updates TommyXAU
OANDA:XAUUSD
by tommyXAU
11
XAUUSD 27/4/23 Outlook and late session tradesGood evening gold gang! Wow 2 days in a row no trades all day until 5pm gmt where we finally got volume. This is very strange but we adapt to all conditions and got the sells for 100 pips. We had a breaking news today about a potential bank collapse that shot gold and crypto up momentarily, only for it to come back down in to the range to that 1993 level that’s been a constant for the last few weeks. Sells i have marked down at the bottom of the range waiting to catch the breakouts. Buys just a step before the top of the range, hoping to fill in all that clean traffic to the left Hand side should be get the move up. That’s it for the outlook .. obviously updates will be posted during the day, so make sure you follow along!! Until then .. have a good evening wherever you are Your mate, TommyXAU
OANDA:XAUUSD
by tommyXAU
8
XAUUSD 26/4/23 Outlook, wait for the range to breakGood evening gold gang! I hope you are well. wow pretty boring day up until this evening on the gold chart! .. lets start off with last nights Asian session, buys were there and a few of you managed to grab the 50 pips before price reversed in London. Price then flip flopped up and down for the rest of the day up until around 18.00 gmt where we got volume and a close above in our zone. BOOM 100 pips there for the taking .. i did not enter as it was outside my usual trading hours. Discipline. Ok on to tomorrows outlook .. I’m looking to wait now for price to break out completely of the range. As marked, its very messy near current price so i would not want to be caught up there in a position. Price is very clean above 2012 .. so ill be hanging in there for that. Sells back below the 1973. It’s a huge no trade zone but the rest of the price is too choppy for me to risk capital. Thanks again for the likes and follows .. means a lot. Please smash the like on this and ill catch you in the London session TommyXAU
OANDA:XAUUSD
by tommyXAU
9
XAUUSD 25/4/23 outlook bearish dollar?Good evening gold gang! hope you are well and survived a very boring day on the gold chart. No news today causing price to range for most of the day trapping traders long and short. Not me though, my levels remained untouched so i stayed away. Thats experience for you hah So for tomorrows price, we have some news late in the day which could cause price to range again .. so be aware there could be little volume. If we get some then i have the same levels marked out with an extra zone for the buys. I have left a gap in the middle as its very messy and would not be trading in that zone .. its also a potential fake out zone for price to reverse .. so best to stay clear. DXY still in that bearish channel and will close below 101.45 tonight. last time it did this is fell down driving gold up. Lets see. Buys above are very nice with lots of clean range to fill. 1993 key level still respected as it has been all April, so we are due some movement away from it. Sells below the 70s marked up. Have a great evening gang .. remember if you are taking the trades .. 30 min min candle close into the zone before executing .. take profits along the way dont get greedy. Thanks for 700 followers wow!! .. hope im providing you with good content and helping the community. Please like and follow along if i am. tommyXAU
OANDA:XAUUSD
by tommyXAU
4
XAUUSD 24/4/23 Im still bullish on the HTFGood evening gold gang!! hope you had a good weekend, relaxing .. popping bottles, whatever .. as long as you did some backtesting! ha Ok on to tomorrows outlook .. as the title says, im still kind of bullish on the higher time frame as daily candles are still rejecting the key area 1973 area. Price did close bearish last week below the daily death range i talked about .. but im still seeing DXY moving downwards in a channel and id like to see a pull back to the 1993. As usual though, ive covered you both ways .. because thats how i trade. The sells id like to see below the 1973 with a strong candle close. Target is placed below, make sure you pay yourself first as i always say. The buys a little further up BEFORE the daily high at the 1993 key level .. this is because the range above is messy. Id like to get in and out before that sh*t show. Lets see where we open! ill be in bed as im super tired .. so i hope you get a trade during the session .. if not .. ill be back in london. Safe trading gang .. please like and follow along for more gold trading tips and ideas. tommyXAU
OANDA:XAUUSD
by tommyXAU
12
EURJPY SHORT - DAILY SUPPLY AREA VIOLATED Good evening traders, Further to my previous analysis on EURJPY, I am happy to be looking for short term sells now we have violated the daily supply zone. This is a risky trade for me, the Euro is strong currently and I am still bullish on EU - this had led me to only risk half of my standard position size this time around. Targeting the imbalance on the 4h provides a healthy risk to reward. Lets see how the market plays out in the coming days. Best wishes, Jake
Short
by jmw2000
USOIL OUTLOOK (27th - 31st March)With central banks having to promise they would deal with the liquidity crisis that is apparently everywhere and avoid another 2008-style meltdown of the industry. Crude oil prices came off their lows as the near-term outlook for the banking sector improved, easing concerns about an economic slowdown later in the year. Markets are also holding out for more cues from an OPEC+ meeting next month, with hopes that the cartel will cut production in response to a recent tumble in prices. Oil has failed to break supply at 70.11 for the past three days which price is likely suggesting the efforts to convince the public that all will be well are not exactly being successful. If price fails to break and close above 70.11-70.34 range I see selling opportunity towards major support at 66.85 if broken would see price tap into demand at 66.33-64.31 range where there could be possible reversal or a continuation.
TVC:USOIL
by Hybe7e
1
EURUSD Testing Trendline and median zoneIf you've seen my last video on the EUR/USD, I was looking at 2 trendline levels to potentially take a trade from. The EUR/USD has popped to that upper trendline and Median level to find some resistance. A short limit order was initiated at 1.0788 and will hold this for the time being. The Cautious side of this trade is that the market still has a gap that it may still want to fill up over 1.0800 so that will be watched going into the final day of the week. Stop losses are set and will wait to see if the market respects that resistance zone or pushes back above 1.0800. Always manage risk.
Short
by InternalTraderNYC
2
This is my ideal entry model for XAUUSDGood afternoon gold gang! hope you're having a good weekend. I thought id share with you my favourite entry set up for gold which is proven to be over 80 percent accurate according to my data. Im looking for a strong close outside a major level .. by strong i meant 30 pips there abouts .. then the candle to close .. the next candle to wick down to retest the level .. then enter on the break of the previous candles high. Its as simple as that! .. there are other things involved but ill go through them with you in time, so make sure to follow along!! Ill be back this evening with an outlook for tonights asian and tomorrows london and ny sessions Tommy
OANDA:XAUUSDEducation
by tommyXAU
3
DXY 15th Dec 2022 short setup updateOne of the things I've realized in the years I've used this strategy is that price will 98%+ of the time respect my entry zones even though go in my speculated direction. When you see that happen it means that such zones are special and are also known to the market makers. Price has been consolidating at the supply zone I identified yesterday on DXY but it's not showing impressive bearish momentum so I'll leave the decision with you. That is to either close or keep holding. I also want to thank you all for following me and helping me increase my reputation on TV.
TVC:DXYShort
by JayForexAcademy