SimpleAsItGets

SimpleAsItGets

Trend is your friend - Richard Dennis Key word: If market does A, I will do B. Dollar has been in a downtrend which is good if you trade forex or a commodity. We see market is trying to push up. I would want to see a struggle at this area 93.300 where there is some form of key resistance. We do have fib drawn for further confirmation. (I want market to reject...

SimpleAsItGets

Market structure, can't stress that enough It is all about being patient. If market doesn't give us that opportunity we wait. We wait to see structure. Market always weed out the weak. be impatient and you lose. Enter? 1. We enter when the market comes back and retest. 2. SL would be above or below previous high or low. 3. TP would up to you but I would...

SimpleAsItGets

Another big up before the big down? We can see GJ is in a mini uptrend, but the overall trend of the market is in a descending down trend. (on the weekly and monthly) Looking for a Long position. I would wait for market to create some type of pull back before getting into the trade.

SimpleAsItGets

Simple. We drew a trend line signifying it is in a downtrend and that it is making Lower lows and Lower highs. We can say this is a short right off the bat. 1. Market broke previous support, we will wait for price to retest previous support and reject it (now resistance). - We will enter for a short position on the dotted line.

SimpleAsItGets

Simple. We drew a trend line signifying that it is in a downtrend and it is making Lower lows and Lower highs. Straight short from here if I'm being honest. If it does go back up, I expect it to go to the dotted line. That is previous support that price broke and really hasn't retested. 1. We will wait for market to retest previous support so it can be a...

SimpleAsItGets

Simple. Don't complicate it. Looking for a long position opportunity and or short scalps. We have 2 scenarios: 1. (RED arrow) Price will bounce off support so we can get an easy entry for a nice long position. - We can enter on support or place a buy limit 2. (BLACK arrow) Price will break support and weed out the long buyers tapping the untested zone....

SimpleAsItGets

We are back from the depths of hell. We have our trading range mark out on the expansion SPX just made a while back. Price has been moving in and out of this range for a while and when it moves out of the range, it is potentially grabbing liquidity. Outlook: 1. We wait to get a perfect entry as it rises up to the upside hitting 3300 - Note: It may push up a...

SimpleAsItGets Updated 

Gold has been up and down loading it up to eventually expand. "LONG term Buy to 2000" DAILY: It makes a ascending triangle 4HR: Amazing market structure and crazy wicks every where / drawn on the chart / trend lines 1HR: Market might head down to 1935 to grab liquidity ($$$$) Wait for market to pull back to that area to look for a BUY Scalping: 1HR: looks...

SimpleAsItGets Updated 

Here is my GOLD analysis for today. - I am still looking for a potential long in the market, but I am waiting for a nice setup to occur. - Looks like in the morning we had a big Up move for the bulls and then a rejection on the 1955 zone / resistance area. - Market might want to take out last weeks low and then go back up to consolidate one more time to collect...

SimpleAsItGets

Simple break down on why I think BTC will go up I was strictly on Naked trading but I couldn't control how many trades to take and was just doing it through psychology. - So doing so I lost money - That is why from now on, I will be trading with a 50 EMA and 110 EMA, I also have a MACD setup on my Metatrader 4 account. I will be trading long term trades and...

SimpleAsItGets

I am practicing a new strategy that I worked on in the past from a guy named Lucid. Great guy that is very intelligent. This strategy is trading in the range. If you like you can share comment on what you think of my drawing and how I can improve. Did I place the demand zone right? I feel this can be a potential retest on the previous liquidity zone. Market...

SimpleAsItGets

This is my analysis for Nas100. - It took out previous highs that we mention yesterday (if you made this trade cool, if not its okay aka me I took my trade out because it would of took my SL out) - I believe now It will be heading downward, for a long potential sell *Please use risk management, I cant stress that enough, TP can be anywhere but SL is...

SimpleAsItGets

Looking for a potential long to take out the previous highs we have before. I don't have a exact take profit but I did put a SL of 14 pips. - I will watch the market closely to manually take out my trade - Price range might head up to 11065.4 and may surpass it by a bit to knock out the previous highs - Then if that happens I will manually take out my profits...

SimpleAsItGets Updated 

Gold has been bullish for a very long time, that is awesome. But now I believe there is a potential short in the market, then maybe a continuation uptrend for the next week. Not so long ago we made a trade that broke out from the consolidation. (Back testing GOLD) & That flew off the roof literally. (Should of made the trade, but thats okay :)) WHY DO I THINK...

SimpleAsItGets

Looks like a potential LONG. I would like SPX to open with a little downfall and tap 3202.80 before heading up. This week since SPX has been in a downtrend, GOLD has been on the rise. I believe if SPX is in a Bull trend this week GOLD should be on a downtrend. WHY LONG: - 3203.80 is a strong area support zone, where market bounce off of many times. -...

SimpleAsItGets Updated 

I took a early trade on this early and got stopped out. But this was a key zone I was looking for. - We see a strong rejection on the 4 hour time frame. - If you zoom into the 15 minute time frame, you can see price was struggling to push up, that is why I went in for a short. - Daily time frame we can see price is in a uptrend but the market is basically...

SimpleAsItGets

Scalping technique I use. It is all written in the charts. No indicators no news. I don't trade Fridays tho for SPX.

SimpleAsItGets

Gold has been moving funny all week. SPX500 goes up and Gold does the same. Isn't suppose to be when SPX500 (USD go UP) goes up, XAUUSD (GOLD) goes down? - Can someone please help me with that understanding.. TY I am looking for a long position on this key area. 1800.00 is a zone that has been broken several times and it looks like it will be broken another time.