In this video, we go over today's Gold market volatility and identify the setup and how traders can take advantage of such a repeatable trade setup that will show up over and over again in markets.
The thesis on Gold was short as per the prior videos and the start of the week's pre-open analysis that was posted to Trading View on Sunday / Monday Asia ahead of the...
REPOST ON CHART PATTERNS.
Hey Everyone,
As promised, this year we will also share basic educational posts for our newbies to learn and level up.
BULL & BEAR FLAG PATTERNS
BULL FLAG
This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the pole.
BEAR FLAG
This pattern occurs in a...
Sometimes you don't need to count all of the Elliott Waves and pinpointing where the last Impulse started is enough to located the proper Time frame to look for that wave ending on the MTF. in this case the 1 month chart was the relative Time frame for the last impulse upwards (see where I wrote MTF stoch wave start) and you can see that from the Stoch being...
I have started this inflation and interest rate series, in our last video, we discussed "Inverted Yield". Today will be discussing the relationship between:
. Inflation
. Interest rate
. Dollar and
. Gold
Today's Content:
• Why with higher interest rates, it strengthens the USD
• Is USD the strongest currency? If not, then who?
• Strategy to counter...
BULL FLAG
This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the of pole.
BEAR FLAG
This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole.
Please don't forget to like, comment and follow to...
Hey Everyone,
A repost to remind newbies of some basic money management fundamentals.
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of...
Hey Everyone,
As you all know we generate two types of levels the Goldturn levels (weekly), which we share to all our members and also our VIP intraday levels (daily) for premier. We then use our EMA5 cross and lock to identify targets.
Please see example of our 1H chart setup and how EMA5 cross and lock confirmed the lower targets. We can see EMA5 cross 1769...
Hey traders,
In this post, we will discuss types of orders that we use in Forex trading.
➖ Market order.
Trading position is opened at a current price level.
Buying the asset, you will open a trading position at a current ask price.
Selling the asset, you will open a trading position at a current bid price.
Even though market order is the most preferable...
Hey guys.
I'm Martin Sylvester😅😅😅😅
Everything Charts.
I want to engage you a little.
If your chart is open.
You could use horizontal lines on the higher Timeframe like D1.
Something is really really nice there and I spotted it. I may be wrong but it's so sweet and I'll like to share it.
$2000 price
$1900 price
$1800 price
$1700 price
Each with 1000pips...
Are you trading gold?
Here're estimate target of M pattern.
So we have safe target and x2 target on the chart.
We measure movements to take profit and find new timing zones for next orders.
Hope this post could help you make better gold analysis.
Do you want to see more posts about measure movements...
For the past two weeks Gold has been ranging between the prices 1945.00 and 1897.00 as illustrated above.
A strong, short-term trend has been set, and should be kept in mind when trading the pairing during more volatile times as this to ensure maximum profits and as little loss as possible.
It is very likely that Gold will continue ranging between these...
📉 The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The indicator can range from 0 to 100. The closing price tends to close near the high in an uptrend and near the low in a downtrend.
📉 The stochastic indicator is a two-line indicator that can be applied to any...
hi, hello fellow traders,
to be positional gold owner, there is only one need, to trust gold to be a reliable store of value for our capital/wealth to time frame of decades.
as most of the funds using gold as store of value and are not really busy trading it too often, but only at meaningful levels for their portfolio as whole (== balancing), we are left with...
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high.
🎯 To identify the three white soldiers pattern, look for...
📉 Survival rules in trading for newbies, if you respect those rules i can make a bet you wound't lose your account as the majority of traders are.
📉 The key word there is IF YOU RESPECT
✅ 1. Always trade with a stop loss
✅ 2. Have a pre-determined risk on each trade no more then 1%
✅ 3. Don't move your stop loss if the price is not going in your favour
✅ 4....
🔰 Trading Defensively
• Proper Lot Size
Stop changing the lot size on each trade you take based on the ,, confluences,, your risk should be pre-determined and fixed.
Example you risk only 0.50% from your account on each trade
• Take Profits before News Release
Number one goal is to protect your equity, news can bring high volatility into the markets and...
You might have heard a lot of things about the benefits of investing in gold these days. Gold has been called the best and the king of investment, or it is no longer worth investing in because it will not grow anymore. Gold will remain king forever in investing, let me explain why.
The price of gold will increase in the coming days but will not decrease in the...
Hey All,
This is a follow up post from the 20 pip scalping strategy we posted (SEE RELATED POST BELOW). This chart shows you live examples of the entries and exits today.
Remember when scalping with this strategy SL to be set for exit when EMA5 reverses and crosses back the opposite way. Tight stops and a numbers game, so please back test aswell. I have back...
