kingjforex12

kingjforex12

after reading the COT report/ and oil hitting heavy lows from last week. COT report is showing big institutional players are buying oil for the coming week. as we can see, buyers have already entered the market. we may get a pullback down to 57.0000 area before a push up, looking to take profit around 67 /68.00000 4 hour support areas.

kingjforex12 Updated 

yesterday NY session we did see gold bounce of a major 4 hour support area, & buyers coming into the market with the current situation in the US market & with the DXY pushing down, there is a good chance that gold will be pushing higher. opportunities on gold happen london & the crossover with the new york session, be mindful of NFP & the fed announcement...

kingjforex12

price hit a higher timeframe resistence area at the end of the week, which we see lots of selling off & a bearish engulfing candle. price has now hit an institutional candle & is showing sighns of rejection from that area buyers have already started to enter the market , as we can see on a lower timeframe. i will be looking for buys at market open,

kingjforex12

looking to take this to the upside on the retracement down bullish on all timeframes alert set for around the 2950 area, pending or market entry, i will be checking the dxy before entry

kingjforex12

trade taken from yesterday, DXY is bearish . closed at 4% profit. waiting now for areas of liquidity to be taken.

kingjforex12

price smashed through the 1 hour support area, now i think price will react of 4 hour support or head down & react of the daily support area. still bullish overall, i will be looking for buys off the 4 hour support & daily support areas. we could get some lower timeframe sells if this continues to drop to the daily support area.

kingjforex12

trade from yesterday taken after red folder news, entered on the 15 minuite timeframe, clear bullish engulfing, possible re-entry if price pulls back. DXY was clearly bearish yesterday which added extra comformation to take gold higher.

kingjforex12

looking for price to enter 0.71 fibb area for a buy to the upside, i will be looking to enter this on a lower timeframe, with a possible scale in depending on market structure. alert set for the 0.71 fibb area.

kingjforex12

bounced off 15 minuite area of support yesterday, bullish engulfing, 1-5 R-R looking for a similar move today or tommorow. or i will be looking for this to break lower & make a move to the upside from a higher time frame support area

kingjforex12

US/30 bullish daily & weekly, i will be looking to take this to the upside, price could react off either support areas, it would be nice to see a retracement down before the push up. thats why i like to have multiple areas of interest & not just fixate on 1 area.

kingjforex12

US/30 analysis from 13/01/25, i was looking to take this trade as it entered a weekly support area, equity open we was seeing a bullish engulfing. which was all the comformation that i needed for my stratergy. looking to enter on the pull back.