Ladyfx
NAS/XU Bearssss The market as usual doingwhat it wants to do!
Wow that was a ride wasn't it ? Took some early NY open Losses. Projected that price was indeed going to fall. I jumped in the water early and sadly drowned.
Keeping my alerts going, once price broke my respective levels (PURRPLE Arrows). My hypothesis based was still valid, changing nothing but entry points.
I used NAS for context reasons I will keep to myself on why I did that.
Exiting at Gold at our Daily Low
Happy Thursday Traders!
XAUUSD Sundaze Analysis 1HR TF: Price is respecting an ascending trendline = Possible breakout to the downside = Shorting Gold
15MIN TF: Price seems to be in a rising wedge formation = possible break to the downside
5MIN TF: Double top formation, with price retracting area.
With these confluences showing a possible bearish move I would hypothesize that price will break the area and reverse in a bearish direction.
Happy Trading!
GU-NIT Sunday GU fell like no ones business and kept falling.
We were retesting some previous monthly lows so the drop was expected.
Placed some trades on 8/28 entering after a break of rejection (1.17330)
exiting at a period of consolidation or correction (1.16760)
Priced corrected during London session, having my analysis from Sunday gave me an edge for NeW yOrK SeSsIoN.
1.6760 was an area of rejection, support becoming resistance... whatever you like to call it.
Once a close above that area, I initiated a long position back up to entry from Sunday exiting at 1.17445
Happy Monday It IS!
Happy Trading Week !
XAUUSD Analysis & Execution Entry: 1773.70 SL 1774.57
Price failed to to close above previous highs looking left at 1774.25
Price was in an upward channel indicative of a possible bearish break out and break of structure. The directional bias zones were my confluence of taking a short position on XAUUUSD
RR 14:1
DO you have your edge over the market?
NASY100Nas was setting up for a great trading opportunity on both sides which is very rare to say the least. There were many confluences to have assisted with indication of buying and selling pressure for the day.
Confluence #1: Triple Top pattern, Price closing below 13361.00 on lower TF, Price closing below the directional bias arrow of 13651.00
Short 7:1
Short 26:1
Long 22:1
Looking plainly at price action and overall technical analysis, there were multiple opportunities to have an edge of the market today.
Happy Tuesday Traders.
GU Sunday to Monday Intraday Swing This analysis was made to trade to Sunday 6:30 open holding over night to NY open. Going into Sunday, price broke the upward channel in the expected direction. Being that price closed the previous low at 1.20445, and confluence or indication that bulls have taken over the current market. A close above 1.20545 was enough confirmation as well as a very beautiful doji closing just above it. Entering the market there at 120545 and exiting at 21375.
Happy Monday
GU NFP AnalysisOVERALL Bearish projection for NFP.........2 CONSECUTIVE NEGATIVE GDPs = RECESSSION !!!!!
Directional arrows lead me to prepare for a bearish rally this morning. We had another Supply zone, waiting to activated and rejected. Once price rejected supply area and closed below 12140, Sell opportunities.
TP1: 21240
TP2: 120790
TP3: 120230
RR: 20-40:1 (depending on SL)
Happy Friday Traders!
GOLD NFP ANALYSISGold created Supply waiting for price to enter that area and close with a rejection. Affirming that price would be dropping. I had another confluence: if price closes below 1789.675 shorting gold would be a worthwhile opportunity.
Price was forming and in an ascending channel; another confluence that price would be breaking in the near future.
TP1: 1784.975
TP2: 1769.930
RR: 27.15:1