aluotrading

aluotradingjournal Updated 

25/5/2021 XAUUSD Entry Resistance level idea: 1880.00 Resistance TP Support level idea: 1838.00 Final SL for all Short positions: 1896 Resistance Level 1909 Resistance Level (Final) Comment: This XAUUSD Gold trade ideas was made on the 25th of May 2021 on FB Group. However, did not get a chance to comment on here. As far happened since 25th of May, the...

aluotradingjournal

26/5/2021 GBPUSD Entry Resistance level idea: 1.41900 Resistance TP Support level idea: 1.40080 Final SL for all Short positions: 1.42950 Resistance Level Comment: Pound is currently at its consolidation stage. Weekly has not form a bearish candlestick yet, which means the trading idea at the moment will still be an early stage of thinking GBPUSD will be...

aluotradingjournal

After the 1595 resistance breakout, gold boost up in a bullish trend. Currently there is no signals for any Short positions. To trade a short, I would look at, atleast a bearish candlestick formed on the weekly chart. Then the week after I will start try for the short position. Otherwise, for the current case, it's an endless long position. Disclaimer:...

aluotradingjournal

Been a while again guys, It has been a tough month to begin with, having to fight against the AUDUSD last week to seek for the best support level, and the NFP gave quite a tough decision making for me last week. As my plan for AUDUSD were, anything that does not surpass 0.66666, it will be a long position until 0.67700 for short term, and approx. 0.700 for the...

aluotradingjournal

Gold made its way down to 1573 and a weakening signal has appeared for the next retracement Long term trend with gold still does not change if it does not breakout 1590~1592. The next retracement i am looking at for todays current case, is at 1584, still aiming for the same, near 1568~1569 for short term. Lets hope this market price action gives me a good lunch...

aluotradingjournal Updated 

Hi All, Its Luo here ! looks like im not a good blogger at all. XAGUSD was mentioned in the other chat and kept as a journal on WeChat Diamond Group on the 13th of Jan, 2020 with record. The Idea for XAGUSD are: Short Pending order : 18.15 SL : 19.00 TP : 17.30 This was analysed on the 13th, before the first trend that actually hit 18.15, and then after...

aluotradingjournal

Hi All, I have got comments saying making a new post with my ideas on trades will be easier than me writing comments on my previous posts. Just a update on the current gold situation. Gold finally popped up to the last stage of its resistance level, and went up to its highest around 1588 (lucky it did not break 1590), and I started to give it a go to make a...

aluotradingjournal Updated 

My gold point of view for July 11th 2019 does not change. Since July 11, 2019, It has gone down two times to the expected support at 1400 and pop back up to a speculated spot at around 1418 ~ 1423 and got resisted from there. Right now, from the opening of the US market, a spike up of gold went all the way from 1403 ish to current 1423 touched once, now wobbling...

aluotradingjournal

Havent got a chance to write about what has happened with EURUSD that I have already done and with later on what I think about how the trend will go. I have been trading EURUSD at the same time with all the others together. For EURUSD, I was trading more towards the blue section I have highlighted before the USD index went crazy upwards with the FOMC. I was...

aluotradingjournal Updated 

The gold was successfully weakened with its first resistance level near 1423 as analysed in the last journal. A upward trend went up to the price near 1423, and from what we can see in H4, we can see that the signal is hinting that 1427 was its high for today. This means that, if doing a short term position if it does not surpass the its current high. I will...

aluotradingjournal Updated 

Earlier back in May 16th, 2019. I made an analyse of dow jones. The analyse was, during that time the price was around in the 25758 (Recorded with picture on another app in different language), and the last resistance seem to be roughly around 27150 for short position and making a short position anywhere near 26580. Aiming to go for 25570 as the first aim, and...