Gold has been ranging between 1500 and 1528 since Tuesday. This period has presented lots of entry opportunities both to buy and sell (highlighted using the ellipse). I found this tool applied with the stochastic a strong indicator and conformation of good entry points. As for next week I have a buy and sell limit in place and will keep looking for good...
I feel that that the bearish trend will continue (initially enter market with 2% equity), I feel there are a few key areas to watch out for in this trade, once these areas have been confirmed I will enter with 5% equity for the foreseeable future. TP and adjust SL accordingly to make into a free trade! Good luck!
These are my thoughts for the coming week in regards to the EUR/USD (this publication is for my own personal record, please remain disciplined when trading and only spend what you can afford to lose). Personally I am liking the buy on the EUR/USD, going to wait to see if there is a re-tracement in the first instance, if not I will go with the early buy. If...
Evening traders, Havent looked at this one in a while, but it looks like the pairing could be due to revert back up to the bearish side. Wait for conformation on 4 , 1 hour & 30 min to ensure bullish confirmation then enjoy! (let me know your results)
Why am I am taking this trade? - The market structure is in a downtrend. - The market is respecting the trend lines - The market is in a area of value - We are approaching an entry trigger.
Happy Sunday people! Potential opportunity on the CADCHF chart. Trend lines have been respected since early May with significant movements when touched, expecting a strong sell if resistance is hit. I suggest 2 sell limits @ 1% of your account. Universal love stay in control and remember its a long game... (I write most of this s**t to remind myself that)
Looks like the GBP/USD pair will use previous R as a sell indicator. Good luck
I would suggest to trade with extreme caution as the cable has been volatile as of late however I see an opening for long position here of around 120 pips. Keep SL tight as with brexit and bozza now in house this could sink further towards 2017 lows! Universal love
Happy Saturday people!! Having looked at the chart I feel that the USD/JPY pairing is going short for the foreseeable heading down to around the 107 mark. Charts look good on 4 hourly, daily and weekly. As you can see there has been various touches on the (recent) resistance line without a significant break. If the trade goes the other way I would suggest...
Sell @ 109.779 TP @ 108.304 SL @ 110.113
My ideas for this week and beyond on the GBP/USD pairing. Last week was very turbulent as the Brexit woes continue, Boris looks to be front runner at the moment however I still think the pound will plunge lower in the interim period. Hence why I suggest waiting before the buy. Leverage no more than 1% of your account on this trade. Always use a SL and stay...
Looking at the charts this a LONG buy, keep tracking this over the next three weeks to see of support line is touched. Will be the lowest the pair has gone in several years, if support line is breached look to buy and adjust SL @TP1 Do not leverage more than 1%of our account on this trade as this is a long term position 1-2 months. Good luck and stay int he...
Try not to over complicate your trading, trend lines and support levels indicate a STRONG SELL. I anticipate a slight bullish rise and will wait for confirmation before placing a sell position as per the chart. I firmly believe that this pair will reach support levels, will wait for trade to be in profit (50 pips) then move SL accordingly. Have a great week...
Looks like after the recent spike the EUR USD will follow suit and drop to support levels before increasing, wait for bearish confirmation then sell. Hold onto for a week, look to open the position Tuesday with a Thursday close.
My weeks view on the GBP USD I will be looking to buy at the retracement line and hold for the position for a week. - News on Monday and Tuesday could effect this chart. - Overall outlook (Neutral )
These are my thoughts for the coming week in regards to the GBP/USD (this publication is for my own personal record, please remain disciplined when trading and ) In amongst all the chaos of brexit and the US China trade wars I feel there is a bullish outlook over the next week. As we can see there were two clear lines of support before the close of play on...