XAUUSD 30/6/23 Winning trade breakdown!Good evening gold gang! Going to try something different and break down my winning trades today with you on how i entered
First trade was london open .. price was coiling up around the level, i was waiting for a breakout on the 5 min that came bullish. The candle was engulfing the rest so i needed a retest, which i got, then price jumped up. I set no TP, just was happy with what the market gave me and my runner stopped at BE. Beautiful.
Next was 2pm after the big news push. The 15m closed inside my sell zone after a big push. I waited for the 30m .. i should have just entered aggressive on the 15 .. small wick up and entered. Price normally shoots to target but reversed hard totally out of the blue. I took profits and stopped the rest at BE. Another beautiful trade there.
I hope you took some knowledge from this breakdown guys!!
buy and sells are on the charts along with reversals .. same as today as price is back in the range again .. lol ... cant wait for the new month!
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your mate
tommyxau
Tommyxau
XAUUSD Outlook 28/6/23 back into the range 🥲Whats up guys!! hope you all had a good one even though it was frustrating again!! .. we cannot get out of this range seemingly!
Price seems to be hugging my monthly level marked in white .. it must be very important as we keep breaking away and coming back to it very quickly. Even the news today could not shift it.
Lets hope jerome can get us out tomorrow afternoon.
The green box marks last weeks low .. if you look on the weekly chart, you will see a very clean candle to the left just waiting to get filled .. we have closed on the daily very bearish, so could see this coming down tomorrow during the meeting.
buys and sells are marked up as usual with reversal points. I look for 5min engulfing candles when looking for reversals.
I wrote on another platform today the importance of sticking with your edge even in tough market conditions, this is happening right now. Even though im not getting my usual wins, im sticking to my plan and riding the storm.
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have a great evening wherever you are
tommy
XAUUSD Outlook 21/6/23 See how i caught the sells 📉What is up gold gang! hope you had a great day in the sells!
The reason for taking them was: ..
Price was at my level
Price made a strong move up to touch it
15m rejection candle
Entered on the break of the candle. Simple.
We had a bit of news that helped the market move in our favour and it ended up running 200 pips. My classic entry model was there too a little later on. Congrats if you got in!
Tomorrow we had JP chatting his usual waffle, so we will get some volume around that time! In the mean time im expecting a pull back to at least 50 percent of the move from today. Price has closed very bearish underneath all the wicks from the previous month worth of price action. A pull back would be likely at this point.
Buys, sells and reversal points are all on the charts awaiting your gaze. 1930 is a problem area in the sells, if you like you could wait for a close below there. The buys are very choppy .. so be careful up there, stay frosty with the risk management.
Thanks for reading guys .. please hit the like and boost button for me! and follow along to be constantly updated on xauusd
tommyXAU
XAUUSD Outlook 25/3/23. The bears are getting closerGood evening gold gang! Wow a day of buys and sells today in my zones. Perfection.
A nice move up in london and a huge rejection from the level causing massive sells to play out. Amazing price action and levels respected as always.
Ok onto tomorrows outlook .. The sells are in a great spot under the wicks that have failed to close for a week now .. a nice 1hr plus close in that zone can mean us moving down and a close below the target looks like a nice long/mid term down trend. Lovely jubbly!!
Buys are up out of the way as they are counter trend, but we cant write them off completely .. so stay frosty.
A quick note about entering using my bank levels, what ever strategy you use be it smart money concepts, ict, fibs, ema cross, trendlines .. whatever .. use my analysis to gauge your direction and enter as you will. All i need is a close in the zone and that is the direction for at least the next 100 pips. Use the levels guys, thats what they are there for and as youll see looking back, they are highly accurate.
nice juicy red news folder in NY too so that should give us some movement. Looking forward to it already.
Thank you for 900 followers!! thats amazing. Hope im being of service to you guys with my unconventional strategy lol
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tommyXAU