Sellsignals
GoldViewFX - Market UPDATEHey Everyone,
Another awesome start to a week for us with Analysis from our report playing out (see related ideas below). We remained Bullish, picking up buys from dips with smaller LOT size, taking into consideration any buys in this area has a massive swing range. We had a signal activate, which we took, shown on the chart and we took profit at the DEAD ZONE. We do not advise to trade in this central zone, which has the potential to double the swing range and over expose the trade (See related idea below on range management to understand swing range).
We have identified the zones for us to safely take BUYs and SELLs. We will then break this down daily into bite size levels to trade and keep you all updated like we did this morning. The cup and handle pattern also posted this morning played out perfectly. We never trade patterns alone but when in line with our analysis, it adds to its strength.
We have a new Goldturn support at 1785, which provided support today. If this support holds and we do not see a break with EMA5 then the gap to 1766 will be delayed for now, as the new Goldturn closes the gap. See chart below:
1808, 1815 are our Bull Targets, but using levels and dips to enter and exit, with the overall range in mind.
Stay tuned for daily updates and please don't forget to like, comment and follow to support our work.
GoldViewFX
XAUUSD TOP AUTHOR
Exactly What I Look ForShowing exactly what I look for when I make my trades. Experiences traders know what these indicators mean. Message me if you have any questions about any indicators my arrows are pointing at. With this amount of overlapping signs that point towards a price drop is what leads to my confidence in buying my OTM puts and making high returns.
New and veteran subscribers!! It has been a crazy year for me, I am 23 and bought my first house in May and I depleted my stock market funds to put money down on the house. I slowly saved up money to trade but was not smart with my options and took a lot of losses. Definitely in the red for 2021. I got extensive eye surgery months after buying my home, and most recently got a huge promotion at my job in amazon leading to a 100% increase in my salary.
Looking forward to 2022 and have made a personal new years resolution to make at least one publication a week the year of 2022 and looking to only provide the best charts with the most accurate indicators.
I want to wish everyone a happy new year!
GOLDTURN AXIS STRATEGY IN ACTION !!This is a follow up from our posts today, to show an example of how we identify and trade a setup using our Exponential moving average and Goldturn Axis levels.
Please like, comment and follow to support us, so we can continue to bring more of our strategies here on this platform.
GoldViewFX
XAUUSD TOP AUTHOR
GOLD TURN CHANNEL BROKEN - observationWe draw channels using our EMA5 gold turns and find this is respected very well in the gold market. We can see the channel has broken on the downside. We are looking for a break above 1880 to resume back into the channel and go for our bull targets. This break outside of the channel opens support level in the region of 1850.
Please like, comment and follow to support our work
GoldView
GANN THEORY Strategize I know that some people out want a Easier Approach when trading stocks. Please understand i am not a License Professional trader, been trading since i graduated from high school 14 years ago. Wanted to show a brief way to trade the GANN theory that i have posted before this. How to set up the GANN is outline in it, if you need help please message me.
Everything i do is anchor(i have allot of MTF items on my chart) (( all have to set to the desired result)) on the Upper time frame based on what my goal is.... Am i going to Day-trade this , am i going to Swing this ?
so my recommendations is ANCHORS DAILY WEEKLY AND MONTHLY for GANN...
15min 5min dual chart for Daily GANN anchor.
4hr and 1hr dual chart for Weekly
1day solo chart for Monthly
Having 2 different charts = more trade opportunities to Aim at so i recommend that on the daily and the Weekly time frames.
When set up correctly trading is simple, sometimes automated but you still need to pay attention to the charts, i am not saying this is the HOLY GRAIL... i am sure it adapt and improve overtime but i have had great success with it.
Short Apple?What a very risky play and my analysis have been on a loosing streak! Nothing to hide here, just honest analysis. Why do I keep getting killed?
Here are my thoughts on Apples price movement for the very short term.
2 sell signals initiated by D+ which is an insanely accurate buy and sell indicator that gives signals based on their algorithm that combines RSI & Divergence.
MACD also shows extremely high levels of price and volume and they have just started to balance out and will potentially slow down & drop as indicated by the most recent red bar showing the start of bearish strength.
On the Contrary the Kurotoga cloud shows a support at $148.76 a share which is not far from its current price, so will apple fall below that level of support?
If it were to fall below that cloud I would have no issue shorting it to $146 a share and scalp a quick profit regardless it hits that price or not. The goal is to ride the wave down. But will it fall at all? What are your thoughts?
Steep Correction To Come I am a huge fan of Apple and their business model, but this is technical analysis and the "red" flags are screaming that it is time for a sharp correction.
Indicators:
I. Red trend lines signaling future decline ( trend lines are from the Knoxville Divergence indicator and help foresee growing divergence often times ahead of MACD and traditional sell signals
II. High RSi shows that Apple is extremely overbought
III. Visible range shows the prime trading activity price is 127.14
IV. Divergence+ shows a red cloud above the most recent candles indicating high levels of bearish divergence
Feedback:
Let me know your thoughts in the comments below, this analysis has been used previously and is extremely accurate.
Previous analysis linked below
GOLD: fixation on the support line after the trend breakoutAfter the breakdown of the trend line 1849.17 (August 2020 - present), the price continued to rise and is now at the resistance line of the younger uptrend - 1873.61. While we can expect that the price will at least fall to the support line 1845.35.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GOLD: a fall in a channel or a channel breakout?During the growth in the channel from the support level 1677.45, the price came to the resistance line 1861.05. And she began to fall in the area of this line (but did not touch it). I do not think that the price will touch the li but I expect it to fall right away. Now we can expect the price to fall to the support line - the lower border of the channel - 1827.94.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: how soon to expect a fall in prices?After several attempts to fall, the price of the pair returns to the resistance line again. Now we can expect another correction - from the line of support 1.209 to the resistance level of 1.218 and after this fall outside the channel to the line of support 1.206.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GBPJPY: completion of the annual uptrend and fallThe price growth in the ascending channel, which it adhered to since March 2020, ended at the strong resistance zone 154.18. In addition to the 2020 line, there is also strong 2007 resistance. You can expect the price to fall to the support line 146.14.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: completion of the second correction and return to fallAfter the price began to fall from the resistance level of 1.217, it managed to work out two corrections. The last of these occurred at the resistance line 1.213 - the short trendline in early May. Now we can expect the price to fix at the level of 1.208 after the breakout and fall to the 1.195 support line.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: trend breakdown and start of bearish movementIn the area of the resistance level of 1.217, the price changed its trend again from an upward to a downward one and is now in the process of falling. During this time, it managed to break through the resistance level of 1.208 and continues to fall. We can expect the continuation of the fall up to the support level of 1.195.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: bullish trend reversal and fallThe price broke through the 1.193 support zone and left the falling channel. After that, it consolidated between the 1.198 support line and the 1.217 resistance level, which it is currently at. After fixing at the level, we can expect the price to start falling back to the support line 1.203.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EURUSD: another trend change - the beginning of a bearish movemeSince October last year, the price has regularly reversed trends from up to downtrend, and now, after it has risen to the resistance of 1.217, the price is ready to start a new fall. It has already consolidated in the resistance zone and can be expected to fall to the support level of 1.208.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NZDUSD: fall in the range of resistance and support levelsAfter the price broke through the 0.710 support level in mid-April, it continued to move between this level and the resistance line - the trend line of the growing channel formed in March 2020. Now the price is at the resistance line 0.730 and can be expected to fall and return to the level of support at 0.710.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.