Rtmoney
GOLD (XAUUSD, GC1! ).... Wait and See!Gold is in the middle of a range. Not a good place to enter a trade!
Let the market unfold on Monday. Let it tip its hand, then make your move.
Look for FVGs to form as price breaks the range. This is the signal to prepare to enter this market.
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May profits be upon you.
DXY ( USD Index ) Weekly Outlook.... BEARISHMay profits be upon you.
DXY is now consolidating in between a bullish FVG and an bearish FVG.
But it has been bearish, with downward momentum.
I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows.
I believe the low at 100.320 is the DOL (Draw On Liquidity).
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May profits be upon you.
AUDUSD... look for the SELL setup now!Part 1 of the buy2sell setup is complete. +50 pips
Now, we look for the sell setup. Target will be the low.
There are two FVGs to look for a valid setup.
I'm looking for the sweep of a high, a bearish displacement that breaks market structure and leaves a FVG, then a pullback to that FVG for the entry.
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Weekly FOREX Forecast: April 24 - 28th (Part 2)Welcome to another Forex Daily Forecast!
We will be preparing for the trading week ahead:
- Analysis of the individual currency Futures, to identify the strong and the weak
- Analysis of the FX pairs (EURCAD, EURAUD, EURNZD, GBPUSD, GBPAUD, NZDCHF, NZDUSD, AUDCHF, GBPCAD, CADCHF,...)
- Analysis of Gold, Silver, and OIl too!
- Plot and plan for the best setups.
I'm taking my time with this analysis with the viewer in mind. I want you to see the markets through my eyes, so the analysis is fresh, done live, for you to learn how to do this yourself. I want to raise independent traders, capable of reading the markets and planning their own trades. I'm hoping we can end up raising each other's level, in an "iron sharpens iron" kind of way, coming together and sharing trade ideas in our community of traders.
Always remember, just because they aren't setting up now, doesn't mean it won't set up later! So stay tuned for updates!
We are going to look in depth at the forex market, using top down analysis. If you have a question on any of the content, please leave a message in the comments section. For beginners, this is how you analyze forex markets, identify supply and demand zones, key levels of support and resistance, and look for swing trade setups.
Smash a LIKE and tell me what you think in the comments section! These things help to grow this channel! I appreciate your support and feedback, my people! It encourages me to continue to provide free content to the public, in hopes to grow a community of sharp traders.
Weekly FOREX Forecast: April 24 - 28th (Part 1)Welcome to another Forex Daily Forecast!
We will be preparing for the trading week ahead:
- Analysis of the individual currency Futures, to identify the strong and the weak
- Analysis of the FX pairs (EURUSD, EURCAD, ...)
- Analysis of Gold, Silver, and OIl too!
- Plot and plan for the best setups.
I'm taking my time with this analysis with the viewer in mind. I want you to see the markets through my eyes, so the analysis is fresh, done live, for you to learn how to do this yourself. I want to raise independent traders, capable of reading the markets and planning their own trades. I'm hoping we can end up raising each other's level, in an "iron sharpens iron" kind of way, coming together and sharing trade ideas in our community of traders.
Always remember, just because they aren't setting up now, doesn't mean it won't set up later! So stay tuned for updates!
We are going to look in depth at the forex market, using top down analysis. If you have a question on any of the content, please leave a message in the comments section. For beginners, this is how you analyze forex markets, identify supply and demand zones, key levels of support and resistance, and look for swing trade setups.
Smash a LIKE and tell me what you think in the comments section! These things help to grow this channel! I appreciate your support and feedback, my people! It encourages me to continue to provide free content to the public, in hopes to grow a community of sharp traders.
EURGBP Analysis and Trade IdeaPrice HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS.
Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
EURCAD Analysis and Trade IdeaAdjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.