faddy

faddy Updated 

Gold has turned into an uptrend, broken a major resistance zone, as well as a smaller resistance zone, to make it a support. Price has come back down to retest the zone as a support, gave a retest, the close of the previous candle was a good entry for the buy. We could see a push up, as there is no structures to the left to stop price from going up? However, it is...

faddy Updated 

GBPUSD pushed up from a double bottom structure Friday, finally breaking through a consolidation zone, price has broken through and retested the zone, making it a support, while also retesting the 14ema, after the 14 and 50ema crossed the 200ema confirming a market direction change to an uptrend. I have entered the buy at the end of the last 1hr stick. Lets see...

faddy Updated 

Gold is currently stuck in a rising flag pattern, as it stands price has sort of broken through the top trend line of the flag. It also seems to have retested the resistance as a support, which is the ideal confirmation of the breakout of the pattern. Lets see how this 1hr stick ends, if we get a good bullish stick its a buy, if it cannot close bullish and below...

faddy Updated 

Theres seems to be a head and shoulders forming on the 15 and 30min tf. Ive closed my buys from yesterday, looking to sell a bit down. Lets see how current 30min closes. Also market is very over bought, so we could see a nice retrace

faddy

Looking at GU for potential buy. Double bottom on 200ema support. Price crossed over and retested 50 ema as a support. Risky buy, but I am in and will see how it plays out

faddy

GBBJPY was caught in a flag pattern for a few days. As analysed the other day, I still expect buys in this market. Price has broken out of thew pattern, and currently giving a retest. The price should reach 161.790

faddy

Good afternoon traders. A look into this morning's trade. I am back in front of the charts and ready to take on this year. Let's make some cash. From last week Thursday, the market was in a consolidation. The resistance zone is as marked out on the chart, this morning in the London open, price broke above this zone on the 30min chart, and retested that...

faddy Updated 

After yesterdays analysis, the 15min double top, price has been dropping since. We have now broken the consolidation block, we have retested it, if the current 1hr stick ends bearish under this zone we should see further sells, as we have broken the zone and confirmed

faddy Updated 

As ypu can see, price has tested a resistance 4 times, with multiple small double tops, price has finally broken out the bottom of the flag channel that it has been in all week. We have broken below, retested the support as a resistance, if the current stick ends bearish its a sell. Further confirmation is the rejection off the 200ema

faddy Updated 

GJ has formed a head and shoulders on the daily chart. We have been moving in a range for this week and formed a flag pattern on the smaller time frames. The current candle is above the 50ema, which should act as a resistance. If the daily candle closes bearish today, under the 50ema, we should see a continuation of the head and shoulders for a sell. Check...

faddy Updated 

As we can see, GJ is trading in a flag pattern in a down trend from the head and shoulders forming on the daily. We are however not able to break the resistance zone of 166. Which also correlates with the strong resistance of the 200ema, so we are still in a safe sell zone, the safest trade would be when price breaks below the flag pattern, retests is and...

faddy Updated 

Gold is a sell. Possible double top on 15min, with a continuation candle forming on the current stick. Price is also at a resistance block. However we need to see more movement to see correct direction with impact news in a few minutes

faddy

Sorry for being so quiet the past week guys, I have a small group of traders that have begun learning my strategy, so we have been focused on trading and team building. We have made a few hundred pips in the past 2 weeks, so things are going great. I will be back from next week again. I look forward to it. P.S. GJ is Bae

faddy Updated 

GJ to continue the uptrend as predicted, it formed a small structure with reverse head and shoulders on support, made a retest and we will continue up.

faddy Updated 

GU has tested a support zone, could not break we should continue the uptrend

faddy Updated 

GJ has formed a double bottom on the 30min and the 1hr chart. The 30min chart has formed the double bottom on a 200ema support. Price went up, came back for a retest to confirm a buy. I jumped into a buy from the close of the previous stick bullish stick...We should go up to 169.683 at least. If you scalp you will catch good pips. Zone to zone trading is the...

faddy Updated 

As analysed last week. GJ painted a massive double bottom and broke the high structures to the left. I thought that price would pull all the way down for a retest before pushing back up to continue the double bottom pattern. As we know price doesnt move in 1 direction indefinitely, so we always get a pullback. But if momentum is strong enough price doesnt always...

faddy Updated 

GU looks to have made a skew double top on the daily time frame on a resistance zone, and on the EMA resistance, I still think that we will sell this pair as I said yesterday. They came to look for stop losses, but painted a better picture by doing so, confirming a strong resistance 1.13272. I am in a sell from 1.11972 from last night. So will see how the rest of...