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Tradingweek

GOLD SETUP - IT COULD GO EITHER WAYGold is on a trend downwards in other words bearish but it has a lot of room upwards as well to mean bullish. With that said, I have drafted how I see it going as you can follow on the chart above. My believe is it will continue with the trend downwards if it respects the resistance lines. If it breaks them then we go bullish. If it respects them then we continue bearish and we have a lot of room downwards as well. Remember to trade with good risk management and respect the market with realistic expectations. As I always say, your management of your expectations may as well be the only key you need to find your success in this industry. Good luck.
TVC:GOLD
by Capital75official
AUDNZD SET UP THAT EVERYONE IS TALKING ABOUTThis pair is on short long term however for swing traders, you have opportunity to go long at your precedence. However note that the market has it's own mind and might not necessarily follow the swing patterns however the key to note with this pair is first of all it's bearish long term and it's a trend. Secondly the point C on my chart if the market respects the short-term long trend on H4 then we are set to go short at the last point C and light up the candles as we take in the pips. If it does not respect the bullish trend on H4 and breaks below it then we go short and continue the flow towards lower support lines. It's amazing what this pair can do on a trend. Remember to manage your risk wisely at all times and to manage your expectations respectfully. The most important thing in life is calculate your wins in a quantitative manner always. All the best.
by Capital75official
EURUSD AT BREAKING POINT FOR A NICE SHORTThis is one pair that has been bullish for a while in the long run however it seems it has hit it's mid-year highs and it's setting it's eyes on a nice short downwards to even the levels of 1.07 When the markets open tomorrow, I will be looking to short this pair instantly and forget this trade for like the next 3 months and watch what happens to your account. Trading just like any other business should be a ground where you do long term trades as well as short term trades. If you are capable of looking at trading as any other business field where you have to invest and reap fruits in the long run then you will never have any reason to worry about blowing your account. Rather grow it in the opportunities that have a long-term return on your investment. Now with that said, remember to manage your risk well, and enter the market in a way that it would not hurt you no unless the extra ordinary happens. And so to cover the extra ordinary you know what to do - stop loss. Have a fruitful week and no matter what, do not get out of that short :)
by Capital75official