Take a look at the chart, it will provide all info necessary, all my previous trades are based on the techincal zones and I am trading that. No economy or political influence, purely technical bias
Today was a day for my first loss this week in respects to the positions taken. We had 2-3 trades miss this week aswell as I am the type of individual to set it up early and go about my day. regardless, we have still been quite positive in respects to the trading week. As mentioned in the video, I will no longer be trading XAUUSD until prices begin to...
Video explains it all Lot of movement on XAUUSD this morning, taking some quick intraday/scalp positions within the markets. All based on recent key level actions and zones, most trades are profitable, unfortunately alot of trailing SL hits, but thats what keeps us from losing money. less greed, more safety!
Here are some pre-set trade ideas that I've got going on testing some recent Key levels. These are very risky but short timeframe charts playing within the existing range of trades that have either hit or lost. No trade full loss, continuous trailing SL on each trade required.
Simple trade utilizing the 4 hour timeframe on XAUUSD. We entered a short at recent ATH levels, markets retested the level for a second entry. We saw a quick rejection, prices quickly went to TP1 where i took a close on my first position and placed a trailing SL to TP1. unfortunately, my trades did not continue forward as the trailing SL was hit. Regardless,...
Given that we don't have any more economic or political impact, my goal is to trade the range that is occuring between the two highlighted purple zones. I've already made some buys from the recent lows to the highs and just exited a position at the recent high. If we suspect a further increase, structure must break the range and increase further, however, based...
I am going to present you with the absolute best setup we could see this year! XAUUSD Upward Channel on the 4his reaching its top and key level at 1850-1860. XAUUSD Is also reaching the Peak of the Downwards Channel since its ATH Last Year What does this mean? Institutions will begin entering their positions to short gold to potentially 1750. Each time Gold...
Heres a detailed technical analysis on my view for XAUUSD (Gold) for Sunday/Monday October 5th/6th onwards. I am very technically oriented in my trading and trust my own analysis. This coming week will either be extremely volatile or slow as we come towards the year end. I am excited to see how covid will play on Gold and the USD Index and will keep in mind its...
Gold is on a rinse-and-repeat structure as highlightedi n the yellow box. Green lines represent structure on the weekly since Gold's inception Yellow Lines Represent Daily Structure since gold's inception. I feel very strongly about this trade.
This is an idea based on the daily/weekly trendlines alongside negative sentiment on XAUUSD Tomorrow is NFP day and it is likely that this trade will not play out, however; when and if gold reaches this zone, I will proceed to enter buys asap.
After identifying strong structure on the 1 hour & 4 hour charts and seeing rejections in those timeframes I decided that a possible scalp for longs would suffice as todays news was also quite neutral and did not have a large impact on gold. With the green line representing 1-4 hour support levels, I identified key rejections on the 15 & 30 minute charts and...
After my call of gold falling to 1800 at 1866. I believe the downtrend is now complete. On the daily timeframe you can see that at 2021-11-24 the sellers are somewhat exhausted and currently - there are buyers beginning to overtake. The Green Lines represent - Weekly Support/ressistance There is some heavy rejections at the weekly zone identified thus driving my...
Hi everyone, I believe we are in continuance of the channel as we see a good continuance and rejection on our Daily - 4h - 1h timeframe from the reverse head and shoulders. Let me know your thoughts
The white Lines represent Weekly Zones of Liquidity/Reaction The Orange Line Represents the 4 hour Resistance zone in which the recent daily wick had rejected based on previous consolidation and reaction zones The Potential gain is a strong downtrend being formed; based on historical reactions the chart failed to break that resistance on the weekly and retested...
We are approximately 350-400 pips in profit to our potential 550 pip gain, we have seen some solid downtrend and I believe it will continue as there is minimal resistance going down to that zone See my post (on my profile) on Feb 26 for a trade run-down and explanation