KOG's RED BOXES - GBPUSD
GBPUSD – 4H
1.3144 break above for 1.35080
1.33263 break below for 1.32153
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Tradingstrategies
KOG's RED BOXES - EURUSD EURUSD – 4H
1.1182 break above for 1.12265
1.11360 break below for 1.1061
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
KOG's RED BOXES - SILVERSILVER – 4H
31.88 break above for 32.22 / 32.58 / 33.00
31.19 break below for 30.99 / 30.71 / 30.38
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD /UNDER TENTIONS THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
The price has declined by 1.15% since reaching the ATH , A further decline is anticipated, potentially reaching a 1.80% drop , Despite the decline, the text suggests that there is still upward pressure on the price, indicating a possibility of recovery or resistance against further losses , The author expects that if tensions in the Middle East continue, prices could rise above the ATH by 1.34% in October , This suggests a correlation between geopolitical events and market movements.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 2,600$, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above FVG between 2,650$ and 2,636$ , it's expected to rise to 2,686$.
- Target 2: If the price stabilizes above 2,686$, it suggest to reach new resistance level between 2,700$ and 2,721$.
Downward Condition:
- If the price falls below 2,636$ , it suggests a potential decline:
- Target : A decline to 2,600$.
Simplified Options Trading Strategy of Power Trend and HeikinAshHey Traders,
If you're looking for a simple yet effective options trading strategy, this one's for you. Let’s break down how to use Heikin Ashi candles combined with moving averages to identify clear trends and maximize profits while minimizing losses.
Why Heikin Ashi?
Heikin Ashi candles are great for filtering out the noise and helping you focus on the bigger picture. They smooth out the price action so you can see whether the market is trending up or down without getting caught in false signals.
Yellow Candles = Bullish Trend: When these appear, it’s a sign that the market is gaining momentum.
Red Candles = Bearish Trend: Red candles indicate the market is losing steam and a potential downtrend.
The Power Trend Setup
This strategy revolves around following the trend using two simple moving averages:
Green Line: Shorter-term moving average (reacts quickly to price changes).
Blue Line: Longer-term moving average (gives you the bigger trend picture).
When to Buy and Exit Calls
Buy Call: When the Heikin Ashi candles turn yellow, and the price crosses above the green moving average, you can enter a call option. This is your signal that the bulls are in control.
Exit Call: When the trend starts to show signs of weakness or the candles start losing momentum, you exit your call option and lock in those gains. This helps avoid holding through a potential reversal.
When to Exit Puts
Exit Put: If you were in a put option during a downtrend (indicated by red candles), you’d want to exit once you see a reversal forming and yellow candles appear. This prevents you from holding through a bullish reversal and losing your profits.
Max Gains, Less Loss
The beauty of this setup is its simplicity: maximize your gains when the trend is strong, and minimize your losses by getting out at the right time. You’re always following the flow of the market, entering and exiting at points that are more likely to bring profits.
Final Thoughts
By sticking to this straightforward approach, you can avoid emotional decision-making and ride the trend with confidence. Whether you’re trading options or just looking for better entries and exits in your stock trades, the Power Trend strategy is all about keeping it simple and staying on the right side of the market.
Let me know in the comments — do you use Heikin Ashi candles or a similar trend-following strategy in your trading? Would love to hear your thoughts!
USDCAD / TRADING INTO DESCENDING CHANNEL & STRAIGHT CHANNEL - 4HUSDCAD / 4H TIME FRAME
HELLO TRADERS
Trend Analysis:
1. August Price Trend:
- The price decline of 4.04% indicates a downward trend throughout the month. This could be due to various factors like market conditions, seasonal variations, or external economic influences.
2. September Price Behavior:
- The initial 1.52% rise in September suggests a possible recovery or correction after the August decline. This could indicate a shift in market sentiment or a reaction to events that occurred at the start of the month.
- The predicted 1.93% decline by the end of September suggests that the recovery was temporary and that the overall trend may continue downward. This could imply continued bearish sentiment or anticipation of adverse conditions.
Technical Analysis:
1. Current Market Condition:
The asset is under bearish pressure , As long as the price remains above 1.361, the bearish momentum is expected to continue.
2. Upward Condition:
- Target 1: If the price breaking 1.361 by closing 4h candle above it , it's expected to rise to 1.370.
- Target 2: If the price stabilizes above 1.370 , the next target is 1.374.
3. Downward Condition:
- If the price trade below 1.361 , it suggests a potential decline:
- Target 1: A decline to 1.350.
- Target 2: If it breaks below 1.350, further decline is expected to 1.344.
USOIL / TRADNING ABOVE SUPPORT LEVEL AT 67.19 - 4H USOIL / 4H TIME FRAME
HELLO TRADERS
Price Decline of 7.16%: The analysis suggests that there has already been a price drop of 7.16%. This could be the starting point for further analysis or an event that has already occurred.
Breaking and Stabilizing Below 67.19: The level 67.19 seems to be a significant support or resistance point. If prices break below 67.19 and stabilize, it indicates a bearish trend. This might suggest that further declines are likely.
Further Decline of 9.71%: Should the price fall and stabilize below 67.19, the analysis anticipates an additional 9.71% decline.
Current Trading Above 67.19: Presently, prices are still above the 67.19 level, signaling that the market has not yet broken this key point.
Expected Increase of 10.36% : The text predicts an upward movement of 10.36%, potentially implying bullish momentum if the price continues to hold above 67.19.
Possibility of Further Increase: There’s a suggestion that the price could rise even more beyond the 10.36% increase if current trends hold.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 67.19, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 67.19, it's expected to rise to 71.51.
- Target 2: If the price stabilizes above 71.51, the next target is 72.16.
Downward Condition:
- If the price falls below 67.19 , it suggests a potential decline:
- Target 1: A decline to 65.34.
- Target 2: If it breaks below 65.34, further decline is expected to 63.93.
EURUSD Analysis: Anticipating a Slight Bearish Bias Towards 1.1!EURUSD Analysis: Anticipating a Slight Bearish Bias Towards 1.10000 (24/09/2024)
As we analyze the EURUSD pair this week, a slight bearish bias appears probable, with a target near the pivotal level of 1.10000. Key drivers for this outlook include the recent economic data releases, central bank policies, and market sentiment.
1. Economic Data:
Recent Eurozone economic indicators have shown mixed results, with weak manufacturing PMI figures suggesting slowing growth. Conversely, US economic data, particularly strong job numbers and retail sales, point to a robust economy, potentially strengthening the dollar.
2. Central Bank Divergence:
The European Central Bank (ECB) is likely to maintain a dovish stance amid economic uncertainties, while the Federal Reserve appears committed to a tighter monetary policy. This divergence could exert downward pressure on the euro.
3. Market Sentiment:
Increased risk aversion due to geopolitical tensions may lead investors to favor safe-haven currencies like the USD, further supporting the bearish outlook for EURUSD.
In conclusion, the combination of economic fundamentals, central bank policies, and market sentiment suggests that EURUSD may trend towards 1.10000 this week. Traders should stay alert for potential market shifts and adjust their strategies accordingly.
Keywords: EURUSD analysis, bearish bias, economic data, central bank policy, ECB, Fed, market sentiment, forex trading, trading strategies, 1.10000 target.
XAUUSD Flag Breakout Mastery – 100 Pips in Just Hours!You executed a fantastic trade on XAUUSD, capturing a solid 100 pips in 3.5 hours. However, there were additional techniques you could have employed to potentially capture more of the overall move:
Higher Time Frame Confluence: Ensuring the overall trend aligns with the smaller time frame breakout can give you confidence to hold for bigger moves.
Trailing Stop Strategy: This could have helped you lock in profits while giving the trade room to continue further.
Recognizing Momentum: The impulsive nature of the move post-breakout was an indication to hold the trade longer. Momentum trading often provides an opportunity for a bigger run.
Extended Targets: using Fibonacci extensions could have encouraged you to hold for additional profit.
Complete Trade Walkthrough
1. Entry Analysis:
Pattern Recognition & Confluence:
Descending Flag (Bullish): You identified and entered at the top of a descending flag, which is a continuation pattern in a bullish market. The breakout from this flag confirmed the upward momentum, making this a high-probability trade.
Confluence Factors:
Breakout Confirmation: Price broke through the descending resistance line, signaling a continuation of the bullish trend.
Support Zone: The prior lows acted as strong support, providing additional confidence that the price would move higher after the breakout.
This was an excellent, well-timed entry based on price structure. You entered right as the market broke out of the flag, aligning with a momentum-based strategy.
2. Price Action (PA) Analysis:
Impulse and Correction Structure:
Impulse Move: After the breakout, price made an impulsive leg upwards, which you capitalized on. This impulsive move is common following a flag pattern breakout, and the price shot up quickly, reflecting a strong buying pressure.
Correction: You entered just before the impulsive leg, after a period of corrective consolidation, which validated your timing. Once price pushed up, there was a brief consolidation before continuing the uptrend.
Momentum Continuation: Price made higher highs after your exit, indicating that momentum was still intact.
The price action displayed clear continuation signals following the breakout, suggesting that the market was still trending upwards.
3. Trade Management:
Time in the Trade:
You were in this trade for 3.5 hours, which aligns with the short-term nature of this flag breakout. However, the trade ran further, reaching up to 350 pips.
Profit Targeting:
Initial Take Profit (100 pips): You wisely took 100 pips as price approached a prior high. However, the fact that price continued upwards suggests that you might have captured more pips using alternative techniques.
Exit Consideration:
100 Pips Exit: While exiting at a previous high is logical, the lack of signs of reversal (e.g., no strong bearish candles or rejection at key resistance levels) indicated there was still room for the move to extend. The price continuing upward shows that the bullish momentum was strong, and you could have held on for a larger move.
Stop-Loss Placement:
You didn’t mention your stop-loss, but if you placed it below the structure of the flag (and adjusted it accordingly), this would have allowed you to reduce risk and hold for a longer run.
4. Potential Improvements:
Higher Time Frame Analysis (HTF Confluence):
HTF Context: Had you zoomed out to a higher time frame (1H or 4H), you may have seen that the breakout was part of a larger bullish trend, indicating there was potential for the move to continue beyond the 100-pip target.
Price Momentum: The momentum post-breakout on smaller time frames was strong. Checking the HTF would have given more confidence that this wasn’t just a short-term spike, but rather part of a more significant trend.
Trailing Stop Strategy:
Trailing Stops: Once your trade was 100 pips in profit, instead of closing the position entirely, you could have moved your stop-loss up to lock in some profits. This way, you could ride the larger move while managing risk.
Example: After 100 pips, trail your stop just below the previous consolidation or a key structure (e.g., 50 pips back), allowing the trade to breathe and move further in your favor.
Extended Profit Targeting:
Fibonacci Extensions: By using Fibonacci extensions, you could have projected extended profit targets beyond the initial 100 pips. Typically, a flag breakout can lead to an impulse equal to the size of the flagpole, offering more opportunities to scale out of the trade gradually.
“USDZAR on a Downward Trend”The South African Reserve Bank has reduced the policy interest rate to 8.00%. Following this move, the reversals at the 17.40 level in the USDZAR pair have drawn attention. The Fed had unexpectedly cut rates by 50 basis points at its September meeting. This situation has led to significant losses in dollar assets, while we can observe that any increases in the USDZAR pair remain limited.
From a technical perspective, if the exchange rate surpasses the 17.70 level, rises may initially extend to 17.95 and then to the 18.20 resistance level. On the downside, if the 17.40 level is breached, we could see a decline to 17.15 and then to the 16.90 support level.
Unlock the Market's Hidden Rollercoaster: How to Ride the WavesXau/Usd Review with my trading personality
As a Whimsical Rollercoaster Enthusiast, your trading style is likely driven by the excitement of quick market movements and the thrill of capturing early trades. You're probably someone who thrives on dynamic entries, enjoys the fast-paced action, and may have a more intuitive approach to the market. Let’s blend that with risk management to balance your adventurous spirit while still keeping a solid trading plan.
Technical Review for a Whimsical Rollercoaster Trader:
1. Key Levels to Watch:
2,595 (Resistance) and 2,580 (Support) are your playgrounds right now. You’re drawn to the thrill of what might happen at these zones.
If price pushes toward 2,595, you might feel an urge to jump in, expecting an immediate reaction. However, I encourage you to:
Embrace your adventurous nature but temper it with tactical precision.
Let the level hit and then wait for a quick confirmation (like a wick rejection or a mini pullback). This gives you both the excitement of early entry and higher probability without losing your edge.
Scenario: Price pushes toward 2,595. Here, your Risk Entry could be triggered:
Risk-Entry Plan:
Enter short at the first rejection of 2,595.
Set a tight stop-loss just above the liquidity zone (2,600), respecting your love for quick moves but protecting from being shaken out too soon.
Target the 2,580 area first, knowing the ride might be wild but worth it.
Why it suits you: It’s a quick decision, satisfying your need for speed, while the tight stop-loss aligns with managing risk. You get that thrill, but within guardrails.
2. Confirmation Entry – Building Momentum:
Confirmation Entries might feel a bit “slow” to you, but they can help ensure you stay in the game longer. Consider them when you want to ride bigger moves, not just quick scalp trades.
Scenario: If price breaks through 2,595, wait for a retest to confirm this zone is now support. Here’s where you bring in your whimsical nature: instead of waiting too long, spot a smaller timeframe pattern, like a bullish engulfing candle or a rejection wick, and go long.
Confirmation-Entry Plan:
Enter long at the retest of 2,595 after a clear rejection pattern. Think of it as waiting for the next loop on the rollercoaster — the bigger move is coming, and you want to be on board for it.
Set a slightly wider stop-loss, maybe under 2,580, to allow the trade to develop without getting knocked out early.
Aim for the next higher liquidity zones, like 2,600 or 2,615.
Why it suits you: This method still lets you catch the excitement of a momentum breakout, but the confirmation gives you more confidence. You still get the rush but with less risk of getting thrown out before the big move.
3. Patterns Within Patterns – Your Playground:
As a Whimsical Rollercoaster Enthusiast, you probably love when the market shows intricate patterns — they're like hidden rollercoaster tracks, revealing sudden twists and turns.
Scenario: If price breaks above 2,595, zoom into lower time frames and look for miniature patterns within the broader trend. You might find a bull flag within a larger ascending channel. Entering on these small corrective patterns can satisfy your need for fast-paced decision-making while riding the overall trend.
Plan:
Use these smaller patterns for quick entries. Set your stops just outside the pattern, and take profits quickly as the price breaks out.
Think of it as riding the small waves, but always looking for the bigger momentum move to follow.
Why it suits you: You’re jumping in on short-term opportunities while always keeping an eye on the next big move. This keeps you engaged and allows you to take action when you feel that burst of adrenaline without losing sight of the bigger picture.
4. Managing Whimsical Risk:
Stop-loss flexibility: As someone who enjoys spontaneity, a tight stop might feel restrictive but necessary. Here’s the compromise:
Set initial stops tight (like just above 2,595 if shorting), but allow yourself room to evolve the trade based on market action. If the trade moves in your favor, quickly move the stop to breakeven.
Mental Resilience: Losses will happen, but you need that mental discipline to jump back in without chasing every tick. Treat each trade like a separate rollercoaster ride — whether it’s a good or bad one, there’s always another one coming.
Use your intuition and excitement to recognize evolving setups. But keep a few rules in place to avoid the pitfalls of impulsivity (e.g., no more than 3 trades per day on a single idea to avoid over-trading).
5. Incorporating the Rule of Three:
For the rollercoaster trader, the Rule of Three is your ultimate guide. This rule asks you to identify at least three confirming factors before entering a trade:
Scenario: Price reaches 2,595:
You see a rejection (touch #1).
The lower time frame shows consolidation or a mini bear flag (touch #2).
Momentum begins to fade (touch #3).
Action: This triple confirmation allows you to short confidently, knowing you have the right mix of signals to back your bold entry.
Why it suits you: The Rule of Three still gives you the excitement of quickly entering trades but ensures they are high-probability setups. It prevents you from overtrading out of sheer excitement while still letting you capture those thrilling moves.
Summary Action Plan for a Whimsical Rollercoaster Trader:
Risk Entry: When you feel the market is ready to react at key levels (like 2,595), dive in! But do it smartly — use tight stop-losses and a quick decision-making process. Think of it as jumping onto the coaster right before it starts moving.
Confirmation Entry: Use this when you're looking for a bigger, smoother ride. Wait for the breakout-retest combo, then get in for the larger trend move. Stay patient here; it’s worth the wait.
Patterns within Patterns: Zoom into the mini rollercoasters inside the bigger structure. Catch the small waves but keep your eyes on the longer ride.
Trinity Rule : Ensure three factors align before entering. This rule keeps you disciplined while still embracing your whimsical nature.
KOG's RED BOXES - SILVERSILVER:
Key level here is 29.63 with the bias being bullish above.
Retracement needed with support just below at the red box which will need to break to go lower.
Have a look at the previous pinned posts on Red boxes to familiarise yourself with how they are so effective in keeping traders the right side of the markets.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD - AFTER FOMC SPEECH - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
In the month of August, prices started to increase until September by 10.04%, reaching a new historical peak of $2,600. As long as they remain below this level, it indicates a decline at a rate of 2.66%.
Technically analysis :
Gold reached a historical peak of $2,600 but began to decline following a speech by Jerome Powell. The decline was significant, hitting the target of +420 pips.
Prices are now trading under downward pressure. The key levels to watch are $2,589 and $2,575. As long as the price remains below these levels, it indicates a downtrend
If gold continues to stay below $2,575, it is expected to drop further to $2,551, and potentially down to $2,531.
Conversely, if a 4-hour candle closes above $2,575, it suggests that prices could reverse upwards, targeting $2,589, and potentially returning to the all-time high of $2,600.
overall , that the short-term outlook for gold is bearish, but there is potential for a bullish reversal if the price stabilizes above $2,575. Traders should monitor these levels closely to gauge the next move in the market.
UPWARD TARGET : 2,589$ , 2,600$ .
DOWNWARD TARGET : 2,551$ , 2,531$.
USDCAD - UNDER DOWNWARD PRESSURE - 4HUSDCAD / 4H TIME FRAME
HELLO TRADERS
Currently, prices are trading below the resistance trend line and the turning level at 1.361.
This sets the stage by identifying that the price is under a key resistance line and turning level, specifically at the 1.361 level. The resistance line acts as a ceiling preventing further upward movement.
As long as trading remains below this level, a decline is expected, potentially reaching 1.354 and 1.350.
Here, you're forecasting a possible downward trend. If prices don't break through 1.361, the expectation is for them to move lower, first targeting 1.354, and possibly continuing to 1.350. These levels are likely key support level where the price could find temporary stability.
However, breaking this level would indicate a rise toward 1.370.
This section shifts the focus to an alternative outcome. If the price breaches the 1.361 resistance, it would signal the start of an upward movement, aiming for the next key level at 1.370.
To confirm an uptrend, it is necessary to break through this level, which would then target the next level at 1.374.
Finally, you're stating that for a true and sustained uptrend to be confirmed, the price must break through 1.370. Once this happens, the price is expected to head towards the next resistance level at 1.374.
UPWARD TARGET : 1.370 , 1.374.
DOWNWARD TARGET : 1.354 , 1.350.
NAS100USD / KEY LEVEL 19,954 - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices trading below 19,954 , it indicates under downward pressure
Prices are expected to remain under bearish pressure as long as they trade below the key levels of 19,954 and 19,535. Should the price stabilize and remain below these thresholds, a decline towards 19,187 is anticipated. A breach below this point could signal a further drop to 18,688.
On the other hand, if the resistance at 19,954 is broken, we could witness upward momentum, with prices potentially rising first to 20,194 and then extending to 20,714.
UPWARD TARGET : 20,194 , 20,714.
DOWNWARD TARGET : 19,187 , 18,688.
GBPUSD / UNDER BEARISH PRESSURE - 4H GBPUSD / 4H TIME FRAME
HELLO TRADERS
The price movement reflects both technical and fundamental factors. The 3.58% decline in July can be attributed to global economic uncertainties, such as inflation fears or weakening consumer demand. This decline likely hit key support levels, prompting traders to adopt a more cautious stance.
However, the 4.71% recovery in August suggests a reversal in market sentiment. This could be driven by improving macroeconomic indicators, such as better-than-expected GDP growth or reduced inflation, which restored confidence. Additionally, this rally may reflect a technical bounce off support levels, with short-term traders capitalizing on oversold conditions.
The critical resistance level of 1.326 now acts as a psychological barrier. A failure to breach this level could confirm a bearish outlook, suggesting a downtrend continuation to the next support zones at 1.309 and 1.304. Market sentiment, geopolitical risks, or adverse economic data may further pressure prices.
On the flip side, a decisive break above 1.326 would likely attract bullish momentum, setting the stage for higher targets at 1.329 and 1.335. In this scenario, buyers would anticipate further gains, with potential drivers such as positive earnings reports or an easing of economic uncertainties bolstering confidence. A sustained move above these levels could even signal a broader market rally.
UPWARD TARGET : 1.329 , 1.335.
DOWNWARD TARGET : 1.309 , 1.304
ANTICIPATING TRADEAnalyzed XPTUSD by applying following trading strategy steps:-
1. Bearish trend
2. Bearish divergence
3. Double top bearish reversal pattern found in the end of bullish trend and before start of bearish trend
4. Anticipates a bearish trend, and initiated two trades with 1 % risk thru sell stop
EURUSD - TRADING TO REACH RESISTANCE TRENDLINE - 4HEURUSD - 4H TIME FRAME
HELLO TRADERS
Tendency , trading under bullish pressure .
Currently, prices are trading above the 1.102 level. As long as the price remains above this threshold and shows signs of stabilization, it is expected to rise further, potentially reaching 1.110 and then 1.113. Should the price surpass 1.113, there could be additional gains, with the possibility of reaching as high as 1.117.
Conversely, if the price falls below 1.102, it may indicate a downward trend. In this scenario, a decline to 1.099 is likely, with the potential for a further drop to 1.094 if the bearish momentum continues.
UPWARD TARGET :1.110 , 1.113 , 1.117.
DOWNWARD TARGET : 1.099 , 1.094.