robdee4x

robdee4x

1H Deceleration approaching key resistance at 112.000 as seen on the Daily timeframe. - Potential Rising Wedge forming - Head and Shoulders reversal preferred for entry short.

robdee4x

Daily Deceleration approaching key resistance at 112.000, but back above the Daily phase line. - Above the 20/50 EMA Wave after falling below trapping sellers into the run - Doji at Daily resistance - Potential for a pullback down to 111.000

robdee4x

Weekly Trendline break to the upside with 2 Weekly bullish momentum candles, approaching key resistance at 112.000. - Above 20/50 EMA Wave but trading sideways in a range - EMA's crossing to the upside - 2 bullish candle closes - Strong close above 111.500

robdee4x

Monthly Ranging between 105.000 and 114.000. - Above 20/50 EMA Wave but trading sideways in a range.

robdee4x

Monthly Low Test / Pin Bar Candle into key support. Weekly Bullish Engulfing. Daily Falling wedge break, looking for the pullback to retest before going long. Look for Daily rejection at key Fib level as indicated on the chart, with a H4 trend change confirmation (higher high with entry on the higher low).

robdee4x

Rising Wedge and MACD Divergence before the drop. I didn't position myself on the pullback due to the the H4 showing conflicting sings of directional bias.

robdee4x

I don't know if we get a retracement looking at the Daily timeframe, but if we do I will be looking to enter short at the 50% Fib retracement. I will also be looking to use this bias information for a DDP and intra-day setup.

robdee4x

I've set an alert for the 50% retracement level of this Weekly High Test Candle and will be looking for an entry into the market.

robdee4x Updated 

Overall I think we're still in for some selling pressure down to the 80.50 - 81.00 region. We're seeing some really clean price action after a break of the 83.00 handle, with price making lower highs and lower lows. The EMA Waves throughout the higher and lower timeframes are aligned. If this does play out it'd form a 3 drives pattern, which I have seen...

robdee4x

GOLD has a correlation to the strength of USD, as a risk-off asset investors seek haven in the event of Dollar weakness (USD falls > GOLD rises). I'm sure there's more to it than that, be sure to check it out online for yourself. Comments The Daily timeframe is looking very clean when it comes to price action. Having formed bearish MACD Divergence between...

robdee4x

GOLD has a correlation to the strength of USD, as a risk-off asset investors seek haven in the event of Dollar weakness (USD falls > GOLD rises). I'm sure there's more to it than that, be sure to check it out online for yourself. Comments As anticipated during the breakdown of the Monthly timeframe, looking at the Weekly you can see how we respected the 20/50...

robdee4x

GOLD has a correlation to the strength of USD, as a risk-off asset investors seek haven in the event of Dollar weakness (USD falls > GOLD rises). I'm sure there's more to it than that, be sure to check it out online for yourself. Comments The Monthly timeframe has a clear to identify trading zone from 1330 - 1180 region. Alone this isn't enough to form a...

robdee4x

The DXY being weighted as follows: EUR - 57.6% JPY - 13.6 % GBP - 11.9% CAD - 9.1% SEK - 4.2% CHF - 3.6% As you may imagine, there's a lot more interest in using the DXY for a correlation / confluence tool when trading the EURUSD . The EURO equates to over half of the overall weight of the index, meaning there's a majority interest in the EUR vs USD. We...

robdee4x

Continuing with another episode of Multi-Timeframe Analysis Series 1, I'd like to break down the DXY. The DXY being weighted as follows: EUR - 57.6% JPY - 13.6 % GBP - 11.9% CAD - 9.1% SEK - 4.2% CHF - 3.6% As you may imagine, there's a lot more interest in using the DXY for a correlation / confluence tool when trading the EURUSD. The EURO equates to over half...

robdee4x

Continuing with another episode of Multi-Timeframe Analysis Series 1, I'd like to break down the DXY. The DXY being weighted as follows: EUR - 57.6% JPY - 13.6 % GBP - 11.9% CAD - 9.1% SEK - 4.2% CHF - 3.6% As you may imagine, there's a lot more interest in using the DXY for a correlation / confluence tool when trading the EURUSD. The EURO equates to over half...

robdee4x Updated 

Introduction I'm starting a new multi-timeframe analysis series and using TradingView to document it. Objective The main objective of this multi-timeframe analysis series is to bring together the knowledge I have gained over the 4+ years of trading, and encourage me to consciously use that knowledge rather than working out of habit and 'instinct' which is so...

robdee4x Updated 

Introduction I'm starting a new multi-timeframe analysis series and using TradingView to document it. Objective The main objective of this multi-timeframe analysis series is to bring together the knowledge I have gained over the 4+ years of trading, and encourage me to consciously use that knowledge rather than working out of habit and 'instinct' which is so...

robdee4x

Introduction I'm starting a new multi-timeframe analysis series and using TradingView to document it. Objective The main objective of this multi-timeframe analysis series is to bring together the knowledge I have gained over the 4+ years of trading, and encourage me to consciously use that knowledge rather than working out of habit and 'instinct' which is so...