This is our £100-£20,000 challenge results so far and as you can see we have been flying this week returning 52% of the initial starting balance ( £100 )
If you want to check this out for yourself we can provide proof of results.
It is not too late to get involved either, just message me if you are interested.
Copper (spot) - Intraday - We look to Buy at 2.6650 (stop at 2.6450)
Although an initial dip was posted, buyers emerged and follow through bullish momentum resulted in all the previous day's losses being overturned.
Trading inside the Daily Ichimoku Cloud. Price action has posted a bullish Engulfing Candle and is positive for...
Oil (spot) - Intraday - We look to Buy at 59.25 (stop at 58.75)
Previous resistance level of 60.30 broken.
The previous day's bullish engulfing candle led to further buying yesterday. This is positive for sentiment and the uptrend has potential to return.
This is positive for short term sentiment and we look to set longs at good...
Silver - Intraday - We look to Buy at 15.10 (stop at 15.00)
Prices have continued the bullish move higher and resulted in 3 consecutive positive days.
Levels close to the 50% pullback level of 14.92 found buyers.
Previous resistance level of 15.15 broken.
Little net movement overnight.
This is positive for...
Yesterday's video idea in Gold managed to trigger (only just!) and prices reverted lower.
We continue to prefer selling rallies on the intraday play despite being bullish over the medium/longer term.
Gold - Intraday - We look to Sell at 1398 (stop at 1404)
The medium term bias remains...
Have a current sell bias on gold, selling out of range boxes to next support level (red line)
have been using this way of marking out gold for the last 2 years.
Using previous break candles top of body as my SL and aiming for previous sup / res as target.
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Now we can see that Gold is in a slight downtrend on the 4H chart which has already pushed it down into our support area and bounced slightly, what we can see happening is bears pushing price down into this zone again for a retest of support...
Weekly timeframe - bearish
Daily timeframe - bearish
Simple trend continuation trading the 1hr lower high and rejection of the fib 0.618 and 1hr 50ema bounce.
Aiming for a new lower low to be made.
*** extended target is the weekly fib 0.618 retracement level at $1332
I am still favouring short positions on US Oil from this 58.00 per barrel region.
Price has remained below the top TL of this consolidation channel and multiple 1hr rejections have appeared keeping price below the $58 barrel mark.
Oil prices continue to attract sellers on bullish attempts. After a brief jump above $65, Brent finished below $64 on Monday. Today, the futures are trying to get back above this level but the impetus remains subdued, in part due to a stronger dollar. The US currency extends the ascent since the release of strong jobs data as traders now expect the Fed will...