Lippy14

Lippy14

Explained on the chart, this is a great example of how volume and momentum can drive price up or down depending on price action behavior. This was a great opportunity for gold longs during this mornings New York session with this simple analysis.

Lippy14

Just waiting for a break and close above 1963.000 level for a higher probability for price to continue to push up with clean traffic to the left. Big range with great risk to reward potential!

Lippy14

Simple setup as seen on the chart. Just waiting with cleaner traffic to the left below current support. Break and close below support with some consolidation would be an ideal setup with some volume to move price action down as price has already moved roughly 50 pips to the downside. Always manage risk

Lippy14

Everything is explained on the chart. I would prefer sells as 4h is bearish and 15/30 min is wicking to the upside so not an ideal range for me. Just waiting patiently for price action to play out. Already some high volume this morning, no rush, looking for a clean break and close below current support to potentially reach 1948.600 area. Trade safe!

Lippy14

Just a simple setup here with a clean range to the left. As explained on the chart, waiting for price to break and close below current support for any potential sells with a solid 50-60 pip range. Now we wait.

Lippy14

Hello traders! As seen on the chart, this setup is explained. We will wait and see how price action responds in the next couple hours with some volume coming into the market. If price rejects 183.300 level and shows a sign for entry (sells) or creates a new resistance around current price then sells can be executed with proper risk managment. Always manage risk...

Lippy14

Hello traders. Observing price action on GJ, i'am waiting for price to break and close below 183.500 for potential sells or break and close above 183.880 for buys. we have a clean range on the left for sells as shown on the chart which is an ideal setup for me. We will see how the USD news impacts GJ volume. If we get high volume with break and close below...

Lippy14

Following up my previous post on EURUSD. Here is a trade taken last night with a second position sell stop also activated. As price was reaching a resistence and downward trend line along with buying pressure on the USDX it was a clean signal for me to enter this trade. Hit both take profits around 1.13200-1.13250 risking about 7-8 pips on both trades with a...

Lippy14

Hello Traders! Here is a simple analysis on EURUSD. Waiting to see if we can break the 1.12850 zone with some momentum. If this happens I will be looking to go short to potentially reach near the 1.11330 area of support. Trade safe and always manage your risk.

Lippy14

Hello, hope everyone is well! In the chart shown above we have a potential setup for selling opportunities. With a key level at 152.400, if price can break and close below this level, there is a higher probability that price can continue to the downside into a 100-115 pip range. I have listed a few points on the chart that support this idea regarding possibly...

Lippy14

Hello traders! On the chart shown above, after some big news came out for the swiss and pound we can see price make a bearish push to our longtime support level hitting our take profit! I Entered for a third time on the retest and this pair respected our levels beautifully. Hope this helps and trade safe everyone!

Lippy14

With a crazy month for the world with the US election approaching, I have been watching this pair closely and the USD held some strength for the past week providing us with multiple good entry points for this pair. Shown on the chart we can see that GU respected our diagonal trend lines/zones and has made a decently strong bearish move with some resistance as...

Lippy14

Hello everyone! here is a forecast for GJ, have been watching this pair closely lately and caught a few long positions. Overall I have a bullish bias on the 4H as the Pound continues to stay strong and will be waiting to see if i can get any triggers for a possible sell at the top of the trend line (if it reaches), or stick to buys only and wait for the market to...

Lippy14

Hello Traders! Here we have an analysis on USDCAD. In this setup we are looking for a bounce off of the 50 SMA and our drawn trend line into a possible 1:1 push upward to one of our levels of resistance. After breaking the bearish channel, it retested with some solid bullish momentum. Although my overall bias on USDCAD is bearish, on the 1H time frame we have a...

Lippy14

My first analysis of the market from a few weeks ago. In this example I use the 123 rule to identify a trend move (in this case an uptrend). As it breaks through the resistance level, it rises creating higher highs and then continues to bounce off the resistance level that becomes the support also creating higher lows. This most likely happened due to selling...