So far on the challenge we have turned £100 into £152 in the 1st week, that is a 52% account gain, this was made up of 19 WINS and 4 losses, The losses were protected to avoid damage.
We have seen where and why these losses occurred and can now avoid them, this week is setting up to be another profitable week on the way to our £20,000 goal.
If you are...
Wife for sale... Actually shes FREE to a good home... Actually it doesn't even need to be a good home.. And this is also a non returnable offer.
Now time to look at this trade, in the coming weeks i can see bearish movement with price eventually making its way into our highlighted old resistance turned new support area now this is a 300-400 pip pullback so it...
We are looking for price to push in to our support area and then fly off to the moon with the bulls ( even though nothing has ever gone to the moon... all these moon landings are filmed in Hollywood ) :p But i guess that is just another case of people believing what they are told instead of believing something when they actually see it.
The same goes for the...
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.
Message us to get involved in this incredible challenge we are holding! £20,000 just in time for Christmas sound good?
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...
Is what you would be saying if you are not part of our team ;p
Now our resistance zone ( red box ) we have marked on the chart is a weekly level that price has not been passed since April 2013 so we have been below this level for 6 years, Now we can see price making a slight pullback into our support zone ( green box ) before shooting back up and finally...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Gold is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
....
August 2016 was the last time Gold found its way higher than this zone, so we are expecting resistance once again and possibly another big sell off.
Start thinking like the big traders.. because this is where they have obviously set sell orders before so what makes you think they haven't this time? if they have we will have a large movement very soon.... Then we...
Ok, so we've seen the rocket being sent to the sky - 700 pips in 7 days... But as we know, once a rocket loses its momentum it's slowing down and eventually comes back down and goes lower than before. This movement was predicted by the bad US data ( worst in 10 years) and the ongoing trade war. Let's look at the gold chart in depth.
1. We saw Gold coming out of...
The biggest secret in Forex is APEX FX are the only team you need ;p But on a more serious note carry on reading below.
All you need in trading is to KEEP IT SIMPLE!!! All these so called gurus or signal providers you see with charts that look like an explosion in a paint factory are really clever advertisers or just s#it traders.. They try to make charts as...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1310.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support....
XAUUSD reversed off our first resistance at 1291.78 (61.8% Fibonacci extension,61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 1266.86(horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Trading CFDs on margin carries high risk.
Losses can exceed the initial...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1279.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1292.95). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support. ...
We have marked out obvious support and resistance levels on our chart and below are the things we are looking for this coming week, here we have 2 possible outcomes.
1. Price will continue last weeks bullish run and reach resistance level 1295.024 now if the bulls continue to be strong this level could be smashed and price could eventually reach resistance of...
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