FuturesBaddie

FuturesBaddie

COMEX_MINI:MGC1! us Job Jolts -This print is from January when Trump took office, so there may be a higher probability that the markets may not react to this print. Im looking for if we get a stronger print then it will be stronger dollar and stronger equities and if is a lower print weaker dollar and weaker equites, but since I closed before news I will wait...

FuturesBaddie

Today I placed two trades on MGC1! my first entry was a sell scalp which was strictly a technical entry and the second was the buy back up because it goes with the bias of gold being bullish, and inflation fears, so for each trade Ive wait on a area of consolidation (order block) then wait on a break out in this case after that impulsive move to the downside on...

FuturesBaddie

This morning I decided to try out a new symbol, even though it was a lost I still learned today, overall price action was ranging, but because Im a fundamental, technical trader I was able to see how each played a part in trades today. When trading this pair I know that I need to focus more on candle closures, unless its an impulsive move, today I learned to focus...

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FuturesBaddie

Im looking for areas of consolidation on a higher time frame preferably the one hour then on the 5min wait for a bullish engulfing to print to enter for buys, now Monday is a holiday so I know NYSE will be closed so for the entries already taken, during Asian opening will only be technical trades, but there is high impact news, and depending on descolations with...

FuturesBaddie

Based on technicals we are bullish despite past news.

FuturesBaddie

Starting from the higher time frame, Monthly the over all trend is bearish, as I mark up zone areas on my weekly time frame down to the daily I see major rejection around the weekly zone to push lower to the down side, I just scaled down to a lower time frame an wait on a bearish engulfing candle for an entry.

FuturesBaddie

starting rom top to bottom analysis starting from the monthly time frame down to the 1hr. Mark off higher highs and higher lows, my over all projection long on tau

FuturesBaddie

top down analysis, just my thoughts on this pair starting with my monthly down to the 1hr, entry on bearish engulfing heavy wick rejection to the upside. bearish on cadjpy potential to a monthly low. confluence aligns with heavy wick rejection, fibs lined with 38% bearish engulfing, the overall trend is bearish only looking to take sells. moving average cross on...