The dollar index has gap down which is a huge sign of weakness. I would anticipate to fill this gap first and then look for sells on the USD pairs. Will post some potential setups. Happy trading #diamondbrotherscapital
If you saw my post about the dollar index I mentioned that I was looking for GU buys… Perfect 1:3 risk reward ratio risking 2% so I made 6%… My gold trade was a loser so currently up 4% for the day… If you could make 2% a day and compound your money by reinvesting 100% of your earnings, your on your way to being a millionaire. Happy trading #diamondbrotherscapital
Gold continues to move higher on the larger timeframe, its always best to follow the trend. Gold is currently moving lower approaching this area of demand. If you look at the dollar index, you can see that it may continue to get weaker. If that is the case than this will send XAU/USD to the upside. Nothing is certain so losses can occur but as long as your risk...
On the larger timeframes the dollar seems to be getting weak, but it’s currently on a smaller timeframe uptrend, so I’m expecting more weakness of the dollar index as it approaches this 4hr supply zone. Strongly looking at GBPUSD to go long once I see the dollar index reach this area. I will post GBPUSD chart analysis soon. Good luck! #diamondbrotherscapital
XRP/USD seems to be in a uptrend on the larger time frames and is approaching a nice supply area... I am in a long trade to the upside with a nice 1:3 risk reward ratio... Ultimately this is what its all about, it doesn't matter how much pips you make, what matters is your RRR. The sooner you understand that, the sooner you will be in profit. Happy trading!!...
GPB/NZD is in an uptrend on the longer timeframe, let price pull back for a cheaper value price, and then go down to lower timeframes and look for an entry to the upside... I will be sharing my exact entry, stop loss, and tp with my subscribers, cheers to a great trading week #DIAMONDBROTHERSCAPITAL
Since the start of this year silver prices have risen 10% versus the US dollar and 13% versus the Chinese yuan and the Indian rupee.
Despite the strong rise in silver prices, their overall performance has been rather disappointing.
Gold prices have considerably outperformed silver prices. As a result the gold/silver ratio has risen to new highs.
The...
Always good to look back in time.
remember this :
Tiscali – Important Italian telecommunications company whose share price grew from €46 (IPO in November 1999) to €1,197 in four months. They fell to €40 afterwards in less than two months and have continued plummeting to well under 0.2 euro. [
Think Tools AG – One of the most extreme symptoms of the bubble in...
