As we all know you wont always be right in trading but I like to be proactive rather then reactive I don't know which way the market will go or do but I have do not when It gets there what I am going to do GOLD I see an impulse leg to the upside we have not fallen into the correctional way so I do expect to see some more movement to the upside before a sell...
One for the watch list currently stuck in this zone on the daily chart will be waiting to see which way the market goes
GBP AU still really bearish but marked out this zone to see if any price action takes place to carry on the trend
you need to be aware in support and resistance levels see how the market could have stopped you out on three occasions how many people would have taken sells at this level?
Had this one all planned out then had a few conference calls emails etc so didn't get in this one and missed the entry that's trading and im cool with it but nice to know it worked out from my set up
My evening routine forecasting GOLD impulse move, into a correction phase the downtrend channel ABC pattern
1.81000 point of interest expect to see some price action at this point
like this set up we got a nice break of structure an impulse leg pulling back into structure and into a FIB zone lets see how it plays out as we know just because its a good set up doesn't mean it will work out markets do as they wish have a good day trading everyone :)
Still bearish on GBP AU been looking for short set ups today on this pair
we have been stuck in this Zone now a break out to the down side what is your thoughts on GOLD from here?