Breakdown of how I entered Gold shorts, with an impulse entry
Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Analysis: As per our previous analysis of EURUSD above, it hit both TP. Now looking at the market, it's very hard to predict direction. But for scalpers, we will advise looking for consolidation and divergence then only take Retracement long. If you like clean analysis like this please follow for more. Happy trading.! Best Regards, The MorningStar Forex
I’m still holding on Gold from last night’s trade, although I got in early. I haven’t hit my target area to TP yet, that 2 zones up. So I was RED when it dipped more but I just held on because that’s how Gold moves I’m still trying to figure out a lot of things. Now it retraced and I was red again. So I had to use my fib tool to know where I am now in the market...
With retesting 1896, GOLD is expected to climb backup.
As the week comes to an end I can see that gold has reached a potential break and retest area on the weekly chart. The price of gold could start going up back perhaps even to the previous highs marked by the first gold area of the Fibonacci. For now, we must wait for the forex gods to decided where price action will continue next week. Do you agree? Disagree? I...
Going forward I'll update high probable scalps with expiry session times on this post
Please watch my other videos to fully understand my strategies! Like the video if you want DAILY setups like this. This morning we will be taking a look at how I will be looking to day trade Gold (XAU/USD) We will also look at the strategies that I will use or utilize for entries and exits according to my trading plan and strategies. All advice and analysis is...
Scalping opportunities for Gold, Daily baby!
Today I decided to do another tribute to 'Naruto manga' by Kishimoto.This is #RasenganPattern based on #AtomicPattern. It's so funny, right? I hope that you enjoy it! See you! * Use our risk management. * Study, please. #GOAHEAD! TP: 2080 Up to 4:55 pm. GMT-4
Gold showing a flag or ascending triangle pattern short sell opportunity for scalping setup
Price action zone rejection long, scalp and intraday trade.
The previous chart I shared on this instrument was the abc set-up that works pretty good most of the time. That being said, there is no kind of guarantee that price will move as mentioned. Always use equity stop losses that are realistic and ultimately at previous high or lows. Then manage the risk properly, use trailing stops or do soft profit taking at previous...
*All content have only educational and informational purposes, and never should use it as financial advice.