Hey guys Brandon here, ekatatrading..So I wanna briefly discuss what I am seeing on gold as of right now and this will very likely be my last update for the week on gold I'd be honest this bull push that is occurring right now was very unexpected FOR ME, I didn't see that coming - but I'd love to hear from the guys who will make B.S statements such as oh they...
Good Morning folks Brandon here, Ekatatrading..Gold may be moving into a slow period..Possible consolidation Today is a US bank holiday due to Thanksgiving This doesn't mean that GOLD won't move But truth be told I am not seeing any clear induction at this time which means to me - Everyone is actively being induced (both buyers and sellers) My play today is to...
What's up guys Brandon here, good morning.. So I did speak to this exact thing yesterday with my last mind suggesting that sells had expired I was busy and I missed to call out an entry but I want to explain why I think gold did what it did All things considered I did see this coming and if you go on my tradingview profile and tap on "minds" you'd see the...
It appears the dealer is still very much interested in those buys we spoke about earlier this week The move yesterday has confirmed what I thought - although admittedly, I definitely didn't expect such an aggressive drop yesterday. That being said - I didn't get to capture todays buy move but I feel glad to know that I was overall on the right side of the move...
Hey guys what's up Brandon here, ekatatrading. So I am here to discuss what really happened today through my own views. Now the first thing we must establish is that gold overall is a bull market..do we agree with this? Yes? ok good.. That being said - if that is the case, ultimately buys SHOULD make sense when the opportunity presents itself right? I see most...
UPDATE - in this current area (purple circle) it appears that price is sticking around for some time My question to you is - who do you think will increasingly become interested at this area (purple circle) In my opinion it is buyers Meaning their stop losses might be below the zone (purple line) BUT That is not all - Who would be interested in price breaking...
Alright so I know it may be a little confusing but let me explain what I am seeing Firstly we know that gold has been bearish for the last few days or so HOWEVER Looking at the move from yesterday we can assume that it created a W pattern which signs that the reversal may have already begun I say Reversal because GOLD is at the end of the day a bullish...
Hey guys what's up - quick update on the GOLD SELL It is still very much open - however I am paying attention to it very closely as price right now as I am typing this is suggesting that it is rejecting the low I'm wondering if it is rejecting the low because it actually wants to buy or if it is inducing traders to buy Let's see how it goes
Hey guys what's up Brandon here, Ekatatrading. Today I wish to discuss my sell on GOLD. I sold because 1. Gold is a bearish market and my LAW says to never go against the momentum unless a reversal is clear Reversal wasn't clear, momentum was bearish so sells it was. That being said around the time of me observing the GOLD market it was approaching the previous...
Hey guys a sick Brandon here - so as promised I am here to discuss why I lost that trade and what I think I missed Interestingly enough I don't think it was something I missed before I took the trade it was after I was already in - most traders forget that ultimately the decision sits with them. You can choose to close your trade at anytime - so long as it...
Hey guys what's up Brandon here - So I believe in buys for NFP on GOLD but I will not be trading it as I don't think it makes sense to take that risk. At one point in my tenure as a trader about a year or so ago - Every single NFP I was able to call and get it right and I traded 0\17 NFP events that I got right. It isn't worth it Quick gains can be just as...
Hey guys what's up Brandon here..so as promised I am going to give a breakdown as to why I think I lost the GU trade. This one is entirely my fault as I saw the consolidation where I know liquidity would have been trapped and I chose to ignore it. I also saw that GU was becoming very exhausted yesterday and I also chose to ignore that as well and now I am paying...
Hey guys Brandon here what's up - I wanna briefly cover what I think makes more sense for FOMC in literally as I type this - Under 4 minutes So I am typing ridiculously fast here (sorry for any typos) That being said I think GU has already induced buyers And I think GOLD it makes sense to continue to sell to keep inducing sellers That being the case - I think...
Hey guys, what's up Brandon here - So I just entered a sell on this pair (GBPUSD) and I briefly Breakdown as to why I took it If we look at the details - everything aligns with sells nicely as the momentum is bearish on almost all timeframes with only 1 or 2 suggesting buys Now on the few timeframes that may be suggesting buys we have to take into consideration...
What's up folks - I am met with an absolutely pleasant surprise here on this trade, lovely way to end the week - and let me say this I am not closing my gold trade here. I honestly at this point see Absolutely NO reason to close my buy because in order to close a buy technically you are selling your position. If you don't think the market will sell, why would...
What's up folks, so this is an update video just to explain why I think gold did what it did. By no means is the the 100% only way and there are thousands of ways to approach this, but this is the way that works for me and I think it makes sense. I will continue to say Everything about what I think could be absolutely wrong which is completely fine with me but so...
What's up guys how is everyone today, so here I am again, taking a look into gold, what it has done and what it is likely to do. I went back in in this video to explain why I think it functioned in the way that it did and I believe that this makes the most sense to me. That being said I believe that it is still very much inducing sellers to sell which SELLS STILL...
Hey guys, what's up So I believe that gold is setting up a buyers trap - I am not saying that gold isn't going to buy btw - I do think it is going to buy, but as my father also said, it is not WHAT you do it is HOW you do it. WHY you do it. So I think given that traders may be seeing a clear ASF break and retest - I mean why wouldn't they want to buy that right?...