A quick breakdown of a recently called trade.. Follow, like, comment. Thank you for your support
Summary; - Daily is in a huge range - Taking Scalp-Intra day trades in either direction - Looking for breakouts using candlestick confirmations - Taking profit at the next available zone Note: - Volume is key to breakout trades - big candle body = volume
Summary: *HTF are bullish, looking for buys * Need price to retrace or form new support to have a good entry
Summary: * HTF are bullish * Break and retest structure * Looking for break of the new highs for a continuation
Summary: * Bearish since CPI News * Already Moved 300+ Pips bearish * We could either go for a retrace at this point or go deeper bearish. * watch price during the next hour or two see what it does. React dont predict
Summary: *Bearish Market Structure (LH,LL) *Price is at resistance * IF we reject this resistance & respect the bearish structure i expect gold to bearish * IF we break above 1910.0 this idea is invalid.
Summary: * Gold has pushed up to 1900.0 which is a strong zone * Waiting to see if we get a correction during london session OR we break that level and continue further * See chart for my plan & confirmations for both outcomes
Summary: * Gold bullish on HTF * Rejecting resistance * 4H bearish * Potential for a deeper retrace, if not be looking for continuation buys
Summary: * LTF are forming bullish structure * Already corrected most of ADPs Move * Price will either break sturcture to go bearish since 1840 is a strong level * Or price will continue to further correct the move up to 1845.0 Waiting for London Open to bring the move NOTE: Lots of news later on today aswell
Summary: *Bias is bullish overall, could go for a deeper pullback after yesterdays huge move *Break above support or resistance during high volume times is what im looking for * IF we continue bullish today then its wise to leave runners after securing 90%
Summary: * Daily is bullish * 4H just flipped bullish * break & close above resistance * Waiting for a entry opportunity
Summary: *HTF are bearish *Price is at a potential reversal point *Looking for a break & close in either direction
Summary: * HTF are pointing bearish * 4H Just rejected resistance * Next 4h should give the move im looking for, if current 4h high gets broken trade is no longer valid * CPI news coming up aswell
Breaking down James Storm's 300 pip Gold trade. This Gold trade is based off of a few important things: 1. Fibb 2. Trendline 3. Key levels of Support and Resistance. The entrance was stated to be around 1645 and TP target was 1675. The entrance matches up with the 38.2% Fibb retracement. Also, check the candles here: I would almost call the two candles...
Breakdown of NZDUSD. First entry was no entry. Just used the short tool to gage entry levels for future entries. - Did not take that because PA stayed above 200 EMA (Light blue line). 1) Price breaking below 50 & 200 EMA. 2) Lower High after bear pullback. Breakdown 3) Price breaks below 50 & 200 EMA. & Most recent low. 4) Lower low. confirmed and entered. 5 )...
Explained my EU long from today taken on MFF challenge account phase 1. You have also some analysis for tomorrow.
GJ analysis done for tomorrow's trading day (24th November). NOTE: This analysis is done daily - pre-asian session. for the next trading day (LONDON-NY Session)