SL = 50 Pips ——— 🚨 Please Always Use Proper Risk Management and Trade Management 🚨 Mind you - Trading always results in a Profit or Loss outcome, You don't have to trade everything you see in the market. Trade only Good setups and we know them when we see them - Be Patient. ⚠️ PROP TRADERS: Risking 0.5% to 1% per trade is a good risk - Don't...
SL = 50 Pips TP TARGET 1:3 OR MORE ——— 🚨 Please Always Use Proper Risk Management and Trade Management 🚨 Mind you - Trading always results in a Profit or Loss outcome, You don't have to trade everything you see in the market. Trade only Good setups and we know them when we see them - Be Patient. ⚠️ PROP TRADERS: Risking 0.5% to 1% per trade is...
BUY ENTRY OUTLOOK: From the analysis posted earlier - Below is the range of my entry POI ⚠️USD NEWS ALERT - UNEMPLOYMENT CLAIMS⚠️ is incoming, we should expect high volatility in price Gold always needs liquidity and imbalance to move during a high volatility news release and the demand close to price is probably a very strong inducement area waiting as...
XAUUSD ANALYSIS - 22/02/2024 We experienced stagnancy in price movement on Gold in the past two days, probably for price to pull in buyers and sellers for institutional price action which would be gunning for the available liquidities come the 🚨Unemployment Claims🚨 release and the later PMI news. With the current order flow, we have two Demand POIs on the 1H TF,...
Gold Analysis - 20/02/2024 Gold is still generally Bullish A Pullback is expected to happen on Gold with two Supply POIs present for the price to sell from. The first SC was invalidated by CAD News, so I am looking for an entry on the one above. Entry Supply Range 2030.5 to 2033.5 .. Would be considering a manual entry should price find it hard to activate the...
Gold has been bullish since we had a CHoCH and a BOS created by price on the 1H. To continue this bullish run with price, we have demand areas as POIs which we expect price to drop to during the incoming PPI NEWS but we are not Gold, all we need to do is wait and watch what price will do. There are two Asian lows which are very possible magnets for price, one...
🚨🚨🚨XAUUSD ANALYSIS UPDATE🚨🚨🚨 WE HAVE A SECOND POI on GOLD - We need to be careful The post I made earlier is still a good POI to look out for on XAUUSD but Gold is Gold, so it has left something behind for us as well After Price created the New BOS on the 1H, It left behind a Demand area for price to pull back to as well but with Liquidity below it. Price...
XAUUSD Analysis - 15/02/2024 Gold has given us a CHoCH to the Bullish Side on the 1H TF and also a BOS to the Bullish side. Analysis for XAUSUSD is with the impact of the incoming news in mind - Price is expected to take out the Asian low created before going further high. - Since we have the Asian low inside the 1H SC, we are using the 15 SC which also aligns...
XAUUSD Analysis - 14/02/2024 To get into a buy setup on XAUUSD, I am looking at two probabilities but majorly, we need a change of character on the 1H TF. So with the recent behavior of XAUUSD, the two probabilities are; 1. Price to sell from the 1H marked SC into the 4h DZ and then create a CHoCH to the bullish side. After this, we look for entries from the SC...
After yesterday's dip on XAUUSD, the Price took out the 4H low, giving us a new outlook on price action. A pullback is expected before the dip continues. I will sit out on trading today till we have a better market condition. Like a Change of Character on the 1H giving us the opportunity to trade the pullback back to 60% to 70% of the 4H range. There is also...
UPDATE on GOLD Since CPI chose a different SC to react We can also buy XAUUSD after the current Low has been taken Entry Zone 2008.5 to 2011.5
Since a BOS to the Downside happened yesterday, we traded the reversal to the supply zone which is currently high above the price position. ⚠️CPI is coming⚠️ and with it comes volume. I am looking at selling from the supply marked above to target the current low in price as my TP. ENTRY ZONE is 2035 to 2038.5 Analysis Since the price has taken low yesterday,...
Since our Minor Sell was Left behind untriggered I posted this analysis on Saturday for Today's Bullish entry on Gold - Gold is generally Bullish till the Daily Low created is taken. - The 4H high has been taken giving us a bullish CHOCH on HTF (HTF CH) creating a new current high then price reversed to 70% of the range giving us a new current low. - XAUUSD...
XAUUSD - For Monday 12/02/2024 - Gold is generally Bullish till the Daily Low created is taken. - The 4H high has been taken giving us a bullish CHOCH on HTF (HTF CH) creating a new current high then price reversed to 70% of the range giving us a new current low. - XAUUSD is expected to take the current low come Monday, taking liquidity below it before...
Since we are generally Bullish on Gold, There is also a Sell opportunity available this morning to the area where we would be buying from. On Friday price created an equal low leaving liquidity below it which is also another reason we are expecting the price to go for it. Instead of waiting for the price to drop to our demand area, we can also take a small risk...
We would be selling from the marked-out area 2028.5 to 2029.5 is the best entry area on minor supply
Taking a Buy after the Break of Structure to the sell side, as Price comes for liquidity below the present low
XAUUSD is currently selling to a Demand Zone on the 15 minutes. I am looking to buy Gold from Price range (demand) 2021 to 2023