This position corrected course then had a gap up that should have signaled an exit. I chose to hold on (bad decision almost every time) and I paid the price for that.
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This trade is over in my eyes. Why? Because we no longer have much momentum left and I refuse to wait and hope for the best. I trade based on probabilities not hopes and dreams. Time to exit and wait for another high probability entry.
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Having watched this rentable commodity for weeks now, I have my bias formed on a long as the price has been hiting the suport line and not being able to go further down. Also the news regarding Iran and US tensions are playing a major role on this XAUUSD, as the USD shorts due to investors fear of their capital... I hope for this following week a long on gold on...
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Two potential levels for sell: 0.97350 and 0.95600 TP: 0.96700. Watch for spikes, we have plenty of fundamentals next week. if you agree with this idea, do give it a thumbs up and share your feedback in comments section. Thank you :)
A short buy opportunity below 0.96700 for a potential 50-60 pips profit. Please do share your feedback in the comments below.. Thank you :) Wishing you all a very happy new year !
A short sell opportunity below 1.10400 towards our Weekly Support level. Please do share your feedback in the comments below.. Thank you :)
Upward trend on Daily and H4 on NZD USD. Trend is your friend but we need to enter at key areas diligently. Waiting for a retrace for a short buy towards the upside. Always wait for further confluences and enter on lower timeframes when all the conditions are set. As always feel free to share your feedback and ideas in the comments below. If you wish to follow my...
Break above 7500-7700, first target price = 8500-8700 Please like this video and share your feedback..
A possible Short sell on AUD CHF from the 2nd Shoulder resistance area as pointed out in the video.
1. 7029, MASTER 2. 8176, ATAIMS 3. 3565, WCEHB 4. 5142, WASEONG 5. 5165, HOKHENG 6. 0005, UCREST 7. 0196, QES 8. 0001, SCOMNET 9. Z59, YOMA STRATEGIC HOLDINGS LTD 10. 544, CSE GLOBAL LTD Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or...
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...