Price coming back for a retest, pushing it back down to demand zone
Market volatility has been ridiculous this week, with some stocks and forex pairs experiencing huge wick to body ratios consistently. With this trade, I am relying on the trendline to act as a strong resistance area, and if price does touch it, there will either be a rapid drop (due to retest) or break of the trend altogether, meaning more uncertainty but possibly...
This was the silver trade I referred to in my last post, feel free to check it out. Was nothing more to it than figuring out what the supply zone was and where to set my stop loss, was a very very clear and basic killzone trade but gave me a greater RR than the more technical trades ive placed which took more time. Goes to show how getting lucky sometimes is part...
Nice reversal from BTC, have closed 75% of the trade at 1:5 but kept 25% at initial TP at the premium supply zone as there potentially may be a dramatic pull back to the downside due to current market volatility. Totally forgot to publish the idea and did the same with a trade I did earlier on XAGUSD (1:8), but im posting this one for myself to look back on I...
With gold and commodities bearish, it is inevitable that AUD pairs plunge too, although this week may bring more high impact news I am still willing on holding the position due to previous big wins. Call me risky but ive earnt it this week!
Dont really need to say much its pretty self explanatory going down
Please provide a meaningful and detailed description
Very clean trade, expecting continued trend to the upside,
Nice mirror pattern spotted on 15 min chart, after price entered resistance zone it bounced back down and assuming buyers will push price for a potential break through past resistance level. Unfortunately gold is at a point of uncertainty after breaking trend line so anything can happen, as such this trade can go both ways but like i said in a previous analysis I...
Nice break of structure and retest trade pushing to upside
With a rapid rise there is almost always a rapid drop in price, especially with the recent energy news, be ready for a storm as we are potentially in an even wors recession, mark my words. September will be crazy!!!!!!
From 0 gravity all the way to 100, expecting price to rocket downwards after last weeks rise. Nice retest setup hopefully I get entered the trade, big risk with stop loss but will set to break even once first profit level reached
Nice quick trade on the 5 min chart, expecting price to rally down after price hits supply zone, a little risky due to the recent volatility in the market but with bullish opinion on gold I am expecting an inverse reaction from the usdchf price action.
Very nice and simple trade, price bounced off retest zone providing us with a nice killzone sniper entry, price may break to the downside but expecting strong push to previous highs
Very quick trade, demand zone was extremely easy to notice as well as the fact it had just bounced off, price to push strongly to previous highs
Looking for movement towards demand zone, once price bounces off there is a relatively high chance (may be wrong) that price breaks through consolidation area and retests premium supply zone
Havent traded this pair on larger timeframes, usually 15 mins with MACD indicator. However I am assuming a strong bullish trend after last weeks losses
Double trades, previously won a 1:17 so experimenting with a few trades and strategies