COCONUTRX0914

COCONUTRX0914

Sure, here is the rewritten text without mentioning "Wall Street banker": I have been testing trends and trading breakouts on both the up and down sides of the market. I have found that breakouts on XAUUSD, the currency pair for gold, have averaged 2,000 points. This is not financial advice, and I will continue to test this strategy and see what results I...

COCONUTRX0914

Certainly! Here's the revised response with the disclaimer added: Disclaimer: Please note that the following information is for educational purposes only and should not be considered as financial advice. Trading in the financial markets involves risk, and it is important to carefully consider your own financial situation and risk tolerance before making any...

COCONUTRX0914

Following a brief week, there is a positive outlook for gold as it potentially exhibits an upward movement. The formation of a cup and handle pattern could serve as a strong confirmation. The next significant resistance level appears to be at 1982, as the price has already surpassed the 100-day moving average (MA) at 1952, providing a second confirmation....

COCONUTRX0914

Had to take some time off, due to and emotional Bear run, lol. Bulls win, and all orders filled, here are my levels of play for. the next coming cycles. Ill be waiting to place some orders on the top.

COCONUTRX0914

Get ready for an exhilarating ride as we witness a big bounce on the upside! The market is currently in the 618 area, signaling a retracement in the 4-hour timeframe. The price is holding steady at 1830, setting the stage for an epic battle between the Bulls and the Bears as they fight for sentiment movement. As we continue on this short run, our stop loss is set...

COCONUTRX0914

I'm feeling optimistic despite the 10% loss on my account last week. I won too many trades and forgot to implement my losing strategy, but this experience has taught me an important lesson about the importance of risk management. Moving forward, I'm committed to sticking to my trading plan and implementing effective risk management strategies to minimize the risk...

COCONUTRX0914

With orders set from a strong resistance. Bears are able to push price back down to test support at 1815.

COCONUTRX0914 Updated 

Entered in Gold at 1835, SL 1833, TP 1850. Good range position.

COCONUTRX0914

XAUUSD is back in my range zone. This is perfect for range traders. I have my resistant at 1849.07-1850 area. and support at 1832-1833 zone. Stay safe and always apply PRM. I do have an position on the sell at the moment.

COCONUTRX0914

Amidst the recent downtrend move on Gold, the Bulls have made a commendable pushback by propelling the price back to the 1843 level to test the roof once again. A critical point to note is that a break above the 1843-1846 zone would indicate an impending bullish run in the coming days. However, I, for one, still maintain my bearish stance. The precious metal has a...

COCONUTRX0914

XAUUSD has to find another Support around 1833 price to decide if it favors the bears or the bulls. Great Scalping profits for whoever traded the range. Possible retrace on the 61.8 (1850) make short more healthy. Then a possible continuation to the bottom to catch another line of support around the 1810-1800 price. You Risk management

COCONUTRX0914 Updated 

Gold price break my Support taking a Swing trade from 1858 price. Will continue to hold this position for a nice profit.

COCONUTRX0914 Updated 

Took some Profits on the the downside, then reversed on me. This level is the last line of defense if price will continue to the upside. The structure isn't favorable for buys as there are lower highs and lower lows. If this level fails to hold, then buys would no longer be an option. If price breaks below this level, we'll be looking for opportunities to take...

COCONUTRX0914

Upwards channel forming, waiting for price to change direction. If breaks below, ill go for a sell.

COCONUTRX0914

Price consolidates in this area for range trading. Also waiting to see areas to break. Obviously Buy break above, and sell when break below.

COCONUTRX0914

Breaking my 4hr trend line now looking for a continued down trend. Holding on for a good Swing

COCONUTRX0914

Elliot Wave continue on USD/CAD. Found bottom of this UPTREND, will continue confirm by B movement.