FINAL UPDATE ON USD/CHF TRADEUSD/CHF 30M - This is another trade that was sent out, this one was sent out on Friday of last week however, but again as you can see price has played out perfectly taking profit earlier today.
This trade was very straight forward and didn't give us any difficulties, allowing us to re-enter multiple times by pulling back into clear order blocks left behind from previous impulsive waves.
This trade took profit for + 185 pips. (+ 13%) 13RR
A massive well done to those of you who held throughout the week, I personally took a close on Friday and re-entered at the start of the week just to avoid fees for holding over the course of the weekend.
Any questions with this one guys as always drop me a message or comment below and I will get back to you as soon as possible. What a great way to end the week!
Supply and Demand
Cocoa short at 11,400 for a thousand dollarsThere is a potential short entry between the 11,200–11,400 zone, which aligns with a strong supply area causing a break of structure (BOS). This supply zone has shown significant resistance in the past, suggesting it could act as a reversal point.
The target for this short trade is around the 9,600–9,200 level, where buyers are expected to come back.
This setup depends on price reaching the identified supply zone and rejecting it aggressively. Monitor price action for confirmation signals before entering the trade.
if you are a beginner you can follow me and you will see when I enter and exit the trade.
FINAL UPDATE FOR THE USD/JPY TRADEUSD/JPY 1H - Afternoon people, this is the final update for our UJ trade, as you can see price has played out perfectly. Within 4 days our TP has been achieved with very little issues at all.
Price pulled back multiple times to give us the opportunity to get introduced again and again, so if the first two opportunities I presented to you all were missed you still had the ability to get involved with a refined entry.
This trade took profit for + 332 pips. (+ 16%) 16RR
A big well done to any of you who got involved in this market this week based on the analysis provided and from the Sunday Sessions video, I hope you all managed the trade accordingly to make the most from the position.
Its important that we take partials and apply safety measures throughout the the trade, this allows us to maximise profits from our positions whilst minimising losses. Any questions drop me a message or comment below!
Intraday Levels for Nasdaq 100 Futures - 12/13/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
PHB looks bullishIt looks like the PHB is forming a triangle.
We are now in wave E of this triangle.
The green range is a suitable support where we can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Lovely! We picked that high well on gold with price attempting it, giving the tap and bounce and giving a nice short to end the day back down into the bias level 2680. We now have support here on the 4H which if held, should give traders and opportunity to get a long into the resistance levels of 2685, 2690-5 which is now a key level.
Quick one today, we'll be back again tomorrow to close of the week.
As always, trade safe.
KOG
XAU/USD 13 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024. Awaiting candle closure to confirm bullish iBOS
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Yesterday's intraday analysis played out with price targeting weak internal low at priced 2,700.810.
Price has just printed a further bearish iBOS.
Following bearish iBOS we expect a pullback. Current CHoCH positioning is denoted with a blue dotted line.
We are now trading within an internal high and fractal low. You will note internal range has been significantly narrowed, however, price could print lower which would extend the depth of the internal range
Intraday Expectation:
Price is expected to indicate pullback initiation by printing a bullish CHoCH.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Gold: AnalysisHello Traders,
We are around a volume POC and we might see some problem at going further.
Scalpers could take short trades with LTF Confirmations,
Intraday (week) Traders could take long trades after breaking the white line regarding the 2h chart.
Longer-term traders could wait for break out of the zone confirmed by 4h chart.
Remember that Trump presidency could affect the geopolitical analysis including giving an end to Russian illegal invasion of Ukraine that make capitals out of gold heading to Stocks, however it may have effects on Longer-term traders.