NFP reaction on all the pairs by 14:30 all the pairs were in profit. US, NAS100, GER30, USDJPY, USDCHF and Gold. A new high for US30 after few rejections to the upside.
NFP reaction on all the pairs by 14:30pm all the pairs were in profit. US, NAS100, GER30, USDJPY, USDCHF and Gold.
My latest on US30, I took the order on 15m time frame. USDZAR is selling and Gold is buying-sitting on profits in all these pairs. Gold you can still buy with a proper risk management.
Am looking to go long on US30 following NFP last Friday. US30, NAS100 and GER30 did not set a new high amidst NFP news on Friday. Going long on US30 after a short deep ( in 15 minutes time frame) then shoot up the upside.
Remember my last USDZAR prediction, going against Gold. Well have I got good news for you.... Gold is in profit so is USDZAR.
Closed all my orders (In Profits) from last week. From Friday to yesterday I've been on the gravy ride on US30, Nas100, Ger30 and USDCHF. USDZAR is about to give a gravy train too, against Gold. Peel your eyes.
Check USDCHF M-Formation, reflect back on my USDZAR ANALYSIS that was a 1-2 ration. XAUUSD was amis it sold though I did not take a position. The winner was USDZAR and US30.
latest update on USDZAR, check my previous post on USDZAR. I will post an update on Gold and US30 expected sniper position for tomorrow.
Am still holding ZAR, I went short on it. Now we're under dark cloud (MA). You can still sell with a proper position size. Gold still no clear direction peel your eyes on it like I am.
Today we ranged with Gold after soaring in a downtrend two weeks back. So tomorrow and Wednesday we'll be taking breakout positions. At 9:00am SAST tomorrow, we'll know our direction for the day.
Aiming for a sell position on Nas100 watching on 4 hour and daily. This trade may take 1-2 days to be in profit.
EJ on a major decision making this coming week. I look at the previous double bottom and the neckline is there for this pending rally/decline. Traders brush up your price action and prepare to take your pips.
Ohh! prepare to secure the bag folks, Wednesday we milking our cow.