Hello all,
Hope you all had a wonderful weekend and welcome back.
Today there's so little to illustrate however as i suspected of consolidation but then expect a breakup towards 1880 - 1890, i had indicated this last week on my post.
So i expect a bounce towards the upside possibly 1890 which acts as my previous resistance zone, and then afterwards we could have a possible long fall, however this is not confirmed yet, so far there are no major signals activated, but i can see shown the upside move currently although it's also not yet confirmed by my indicators, I'm in a hurry headed to some place but be sure i'll be back for further updates.
Meanwhile let's all sit, play around the consolidation and yes there are some entries on short periods time frames so for scalpers will be good.
I be doing scalping only when i have the time.
The fall is targeting 1855 and then an extension even lower to 1837 but as i said it's not yet confirmed.
UPUNTIL THEN WISH YOU ALL A WONDERFUL BLUE DAY AND AN AMAZING SKY PROFITS WEEK.
Hope you all had a wonderful weekend and welcome back.
Today there's so little to illustrate however as i suspected of consolidation but then expect a breakup towards 1880 - 1890, i had indicated this last week on my post.
So i expect a bounce towards the upside possibly 1890 which acts as my previous resistance zone, and then afterwards we could have a possible long fall, however this is not confirmed yet, so far there are no major signals activated, but i can see shown the upside move currently although it's also not yet confirmed by my indicators, I'm in a hurry headed to some place but be sure i'll be back for further updates.
Meanwhile let's all sit, play around the consolidation and yes there are some entries on short periods time frames so for scalpers will be good.
I be doing scalping only when i have the time.
The fall is targeting 1855 and then an extension even lower to 1837 but as i said it's not yet confirmed.
UPUNTIL THEN WISH YOU ALL A WONDERFUL BLUE DAY AND AN AMAZING SKY PROFITS WEEK.
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We possibly have a breakdown at 1858 that is if we see a fall below 1858 then we see the fall headed for 1852 and breaks it, that's a guarantee fall.
Another confirmation of downtrend is the formation of bearish candle just below the lower band, but sometimes we could see a the formation and then a bounce towards the middle band and then a it falls back down, but we can as well be in a position to identify a correction of the same when we see the bounce towards the middle band then fall back but this time round it closes higher to the previous low.
I can see consolidation and bulls have lost momentum, buyers are almost exiting the market, so be careful here there could be a huge change in movement and instead of heading up we have a fall, especially now when bulls are been thrown out of the trend and have lost their momentum.
Meanwhile i have 3 buy entries which a currently running loses, but let's see what the market has in store for us. please do not open any positions for now, hold as you wait for my green light.
I also had set up a long sell entry on pending order at 1880 and 1890.
DO NOT TAKE THE RISKS!
Will be back later with an update.
Another confirmation of downtrend is the formation of bearish candle just below the lower band, but sometimes we could see a the formation and then a bounce towards the middle band and then a it falls back down, but we can as well be in a position to identify a correction of the same when we see the bounce towards the middle band then fall back but this time round it closes higher to the previous low.
I can see consolidation and bulls have lost momentum, buyers are almost exiting the market, so be careful here there could be a huge change in movement and instead of heading up we have a fall, especially now when bulls are been thrown out of the trend and have lost their momentum.
Meanwhile i have 3 buy entries which a currently running loses, but let's see what the market has in store for us. please do not open any positions for now, hold as you wait for my green light.
I also had set up a long sell entry on pending order at 1880 and 1890.
DO NOT TAKE THE RISKS!
Will be back later with an update.
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I'M ACTIVE IN PROFITS RUNNING BIG !man we running big!
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We have a buy entry on AUD/CAD just to help you boost your accounts, EUR/USD is a buy entry as well currently running profits, these all are on Long Terms.
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As i suspected there's been consolidation through out the morning hours and we are still under consolidation, we may have our breakout late during the evening hours, as of now i'm currently on scalping.
Scalping on a lower time frame, make small achievable profits to attain my targets, so far my daily target is 70% achieved.
Scalping on a lower time frame, make small achievable profits to attain my targets, so far my daily target is 70% achieved.
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Hello All, hope you are all well, yesterday the 100% profits target which i have always been achieving was not achieved, i did manage at least 70% but then i screwed a bit and the market took it back plus an additional 5.4% of my initial balance.
Now this is the way you need to understand the market, it's not always about you making profits sometimes you need to accept loses and that's what makes us better traders , from my perspective i usually say since i'm on the market and using at least a quarter of the profits i have made through out my trading journey it is indeed not a waste but a lesson well learnt.
TODAY there's no analysis done , I'm going to stick with the same analysis i had yesterday and my expectations are the same i had yesterday, nothing much has changed.
Up until then You all have a wonderful blue day!
Now this is the way you need to understand the market, it's not always about you making profits sometimes you need to accept loses and that's what makes us better traders , from my perspective i usually say since i'm on the market and using at least a quarter of the profits i have made through out my trading journey it is indeed not a waste but a lesson well learnt.
TODAY there's no analysis done , I'm going to stick with the same analysis i had yesterday and my expectations are the same i had yesterday, nothing much has changed.
Up until then You all have a wonderful blue day!
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Hi Impact News on USD PAIRS coming soon, be extra careful on your trading and mainly on Lot sizes.
Meanwhile I have recovered at least 20% of my previous loses , looking forward for more recovery.
Meanwhile I have recovered at least 20% of my previous loses , looking forward for more recovery.
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Gold price has attempted a recovery move after sensing a loss in the downside momentum near $1,851.00. Relative Strength Index (RSI) (14), has shown that the Gold price was making Lower Highs while the oscillators INDICATED Higher Lows. This indicates an absence of strength in the downside momentum.
Meanwhile, the Gold price is looking to shift its business above the 20-period Exponential Moving Average (EMA) at around $1,860.00. An occurrence of the same will strengthen the Gold bulls.
I'm still targeting the upward move let's hope and pray we achieve our goals today, meanwhile wish you all a blue profits day.
Meanwhile, the Gold price is looking to shift its business above the 20-period Exponential Moving Average (EMA) at around $1,860.00. An occurrence of the same will strengthen the Gold bulls.
I'm still targeting the upward move let's hope and pray we achieve our goals today, meanwhile wish you all a blue profits day.
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There has been NO major breakouts upto now but we can as well see bears are trying to force the market into their favor, a lot if possibilities expected, Let's enjoy the scalping methods as we await for the major breakouts, today as well is not good for me my recovery had started but then stopped.
Awaiting further confirmation before i enter the markets again, have had a rather tough week start but i know it's just normal.
Meanwhile let's pray the consolidation ends and momentum increases so we that we get back to the market with 100% confidence.
Up until then hope you all have an amazing day.
Awaiting further confirmation before i enter the markets again, have had a rather tough week start but i know it's just normal.
Meanwhile let's pray the consolidation ends and momentum increases so we that we get back to the market with 100% confidence.
Up until then hope you all have an amazing day.
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Momentum increase towards the upside, no confirmation yet but recovery ,ode activated.
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hello all, as usual i'm still sticking with my monday's idea, since there has not been any major breakouts, as i as well indicated yesterday the spikes we saw were due to the NEWS ALERT which i had posted and asked you all to trade carefully.
I'm sure some of you made good profits but others lost their accounts just out of yesterday's news anyhowly that's all about trading.
We can currently see bears have gained momentum but still doesn't mean we enter the market, we wait for our confirmations and then enter the market, so far apart from the news yesterday there has not been any major breakouts, so we sit and wait and remember we may be having plenty of opportunities on short term periods.
I'll be back for an update later.
I'm sure some of you made good profits but others lost their accounts just out of yesterday's news anyhowly that's all about trading.
We can currently see bears have gained momentum but still doesn't mean we enter the market, we wait for our confirmations and then enter the market, so far apart from the news yesterday there has not been any major breakouts, so we sit and wait and remember we may be having plenty of opportunities on short term periods.
I'll be back for an update later.
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We have our breakout towards the downside , our first TP 1837 Second Tp 1832,BUT! PLEASE be careful we expect some high impact news on USD PAIRS in just a few.
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1837 TARGET HIT HEADED FOR 1832 THERE AND THEN WILL CONFIRM WHERE WE HEADED TO NEXT
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1832 Target Hit , we are in and hot! now let's relax and there could be a possible buy, awaiting confirmation.
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We could as well see 1816 today, i still wonder where my upward move got lost in, earlier this week on my post, there was a change somewhere which i didn't identify, but as always it's just normal.