It seems like it consolidates a little bit in this area, it seems bullish, especially if it pops above the high with a nice candle, near solid full green, but it also could be a pop and trap then going back into the consolidation, and also if it does get back into the consolidation and then break above again that could be a really bullish sign. So as of now, I...
Next week's move,
Looks like GBPUSD could be moving lower next week
The play: On Sunday there could be a gap up, then moves up 20-30 pips then turns around downward around maybe London time. From there we could see a move downward for 2-3 days, if it does move downward we can see to catch maybe 100 pips for the move.
Play 2: Price moves lower from Sunday to...
This is a video of my thoughts and analysis on March 27, regarding GBPUSD longer term trade. This is for personal note, I will be coming back to this video to see how my trade analysis was, of course, the main focus is risk management and money management.
Video for self note. Anticipating price move lower to the support level, if the support level holds and shows reversal buy patterns, then the month of NOV can be a uptrend enviornment to trade. If it turns out that the support level is supported, and reversal pattern forms, then the month of nov buy the retracements. Better to just wait to trade next month.
Today's 10%+ drop is pretty scary, but I'm going to help support this level. I feel like this level is stronger, especially if you go on weekly chart and take a look from Jun 12 to August 14 2017 consolidation around this price level, and last week's doji, it's still a small risk trade.
Area to pay attention to
1st order Limit buy: 57.8 Risk: $2.89 Reward:...
On Monday, short term market turns upward on the Daily support level, Monday set the low of the week, I'm betting that the rest of the week will most likely be bullish, so I'm entering on all pull backs.
Next pull back could be at
Entry: 1.15840
SL: 1.15780
Exist: 1.16250
Lots: 0.5 lots
Risk: $30
Reward: $200
For the past few weeks on the daily chart seems to be consolidating at this level, and for the past 2 weeks or so has been establishing some lower highs, with 1.17400 level getting rejected 3 times, and a large down move last Thursday, I'm thinking it's going to rebound next week to 1.17070 level and get rejected to form the high of the week and moving lower for...
I believe that gold will be near term 2-3 month moving lower to establish a higher low on the weekly time frame and preping for a super monthly long term move breaking the current weekly/monthly resistance around July-August time period. This would be ideal scenerio for banks and insitutions to accumlate.
-In this current situtation, it is higher risk to long,...
In the short term, next week, xauusd moving downward, and on the longer term, in the next two-three weeks, xauusd forming bottoms and ready for a longer term bull move.
Today is sunday, april 22 2018 10:31 AM, when I received intel that a Valued kill target has been confirmed. After preparation, a sniper camp has been set up near the 1.22400 zone, anticipating target arrival on the following Tuesday/Wednsday April 24th/25th 2018 2:00 am - 4:00am, and 7:00 am to 9:00 am. Shots will be loaded and ready for 30 minutes before...
Waiting for a pullback to 7300-7500 area
Watching 7300-7500 area on a smaller time frame, 15min to 1 hr time frame for reversal patterns.
If price retraces back to 7300-7500 and reversal pattern appears,
enter trade and place a stop loss below the lowest point of the reversal pattern
Stoploss: could probably be at 7000 area.
Then just watch it go.
Entry:...
