Gold 1 Day Candlestick Madrid Moving Average Ribbon CrossHey Traders!
Just a reminder that there is a buy signal on the MACD for gold, and that the Madrid Moving Average Ribbons have all crossed the price-line.
If you check the 1 Week Candlestick Chart, you will see that the last sell-wave indicated by the MACD will end soon.
Again, just a friendly reminder that 2020 really will be the year for gold.
Drop a healthy portion of your funds into gold is my suggestion for a New Year's resolution ;)
-dysonring2050
Freedomfighters
GBPAUD 30/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
EURJPY SHORT SWING DOWN TO 119.00 TESTING FLASH CRASHThe EURJPY BEARS has been pushing the price down for awhile now and it has maintained itself below the outer TL. Last week the BULLS made a push to bring the price up to the 123.50 level only to be rejected again, The ADX has not reached a exhausted level giving a little more room to the downside and the Stoch RSI is in the SELL zone and has giving a entry at MARKET, targeting the 119.00 level (flash crash low) down to the 110.00 level. Stop should be placed above the swing high at 123.50 which gives an initial ratio of 1:2 with more room to the downside.
CAUTION: If the BULLS make a push before it hits the 119.00 level especially before JPY news this upcoming Thursday might be a time to take quick profits on the way down to these levels
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.