Back on support price of 1797, the range continues... We didn't quite push up to resistance. But filled majority of the range.
Bit late for us personally, but interested to see where we are tomorrow for EUR/LON market open.
I have to keep this one going really, even with the US data last week causing some big downside wicks (stoppage likely), support still ended up holding and our market close and open was there or there abouts with the bottom of our support price.
Simply looking to buy from support and sell from resistance until we see a very clear break of this orange range box.
USDWTI H4 -
Extending higher with clear fresh highs set. Looking for a pullback to repeat what we have marked up and executed over the last few weeks, demand is still there, price is still on the rally. Simply looking to buy the dips effectively.
Hard to predict TP targets, typically we use the previous breakout high, but it's not always quantifiable, and with...
Manic moves from gold off the back of Fridays antics. Really struggled to break above 1793 resistance which we had spoken about. Eyes peeled on this top resistance price, hourly range seem to be holding quite nicely. Higher lows are still being set, so maybe waiting for a lower timeframe break and retest would be prudent in this instance.
Gold is the torchbearer of the commodity complex. The first to sniff out any inflation on the horizon and move higher. When the inflation does hit, commodities follow gold's lead. After lagging gold by 4 years, its time for a serious coffee catch up!
Gold H1 Strategy, see data below the trade idea.
Equity graph and trade history is shown...
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
I try and share as many ideas as I can as and when I have time. My trades are...
The chart speaks for itself.
Who's in buys from these levels?
No TA in sight 👍🏼
There's numerous ways to trade to make money overall.
I just prefer the way that means I'm not getting tired and stressed with constant decision making.
Hope you're in and you've had a great week.
As you can see with the stats at the bottom of this idea, this as a lower win rate so we must plan for probability and be able to absorb them - but thats trading.
But, we still have a financial edge due to trades playing out like this and the average win to average loss.
Once we know what that looks like in the data we can plan accordingly, remove emotion - not...
Followed this last night with our coaching members webinar, highlighted we didn't want to trade the 1750 short as it goes against our trading rules, however, there is no harm in following and forecasting the trade as it confirms validity of our zones, looking for buy orders from current support price of around 1735.
Lets see what unfolds today, quite a...