Picture tells it all, looking for income trades.
looking here at xauusd (gold) daily chart. price has now hit daily supply, we can see the sellers are taking control and now looking for shorts. short bias until price hits any of the daily demand then ill be looking for short term buys.
picture of the daily chart, buy low sell high, look at the story behind the chart....what are the candles saying. i cant trade copper but this is what i would be looking at. buy low sell high and play it on the smaller timeframes.
these levels on the daily chart i have drawn out are levels i have across the dow30/nasdaq/us500 indexes. with price where its at now, short term income day trades and swing positions are available at these locations. If we do break higher then i will be bullish till we hit our next supply levels at 2888 area and 2925 area cheers
looking here at the daily chart of BTCUSD, looking at day trades for income when price is at daily supply and day trades buys at daily demand. analysis based on supply and demand and where the whales are buying and selling. not all their orders have been filled, so when price comes back to these levels i will be looking to buy and sell on smaller time frames.
looking at the chart of NZD (N61!) daily/4hr. price has arrived back into daily supply, looking at a weak 4hr chat since we removed 4hr demand. looking for a pullback to look for shorts.
here looking at wtiusd daily chart we have a weak head and shoulders pattern forming with a support and resistance line at 54.6 but i also added a supply and demand levels to the mix of where price might turn at and where i will be looking for buys.
looking at the AUDJPY daily chart, when price arrives back into day supply i will be looking for short term scalps on 15/30min chart.
picture says all, price back at weekly (RBR) demand zone. price is retracting back into weekly and daily demand zone. im watching these area for a possible swing and looking for day trades in this area. (arrival is key on this chart.)
ive been talking a lot on other post for the past week about this area on the daily chart, price managed to make what i was looking for in the location i wanted it to happen. analysis in the photo.
looking at the GBP futures market, we have broken lower. i will scan the other GBP pairs and see if i can find a good a good opposing setup with the weak GBP. this analysis is going based on supply and demand.
i will keep an eye on the canadian futures market (daily chart) for not only supply and demand but also a head and shoulders pattern might be forming. i will check back on the Canadian dollar at the end of the week. thoughts and analysis welcomed. cheers-Austin
this weekend the LTC and other cryptos have absolutely Mooned. these are the next areas im looking at to buy and sell at..
looking at shorting usdcad, chart explains it all. thought?analysis? cheers- austin twitter-@moneyballaustin IG-@moneyballaustin YT-@moneyball austin
possible buy im looking at on EZ. like i said on the post, a couple things will need to happen b4 i look to entry but its 2 zones im watching.. the lower zone IMO is better as its lower and its a DBR DZ. Cheers-Austin Twitter- @moneyballaustin IG- @moneyballaustin YT- @moneyball austin
the daily chart of EURUSD, im looking to buy low sell high. i will be looking for price to start turning on a smaller TF b4 i start buying. cheers
looking at the (dow jones 30) daily chart. we are coming on now only into a quality daily supply but we are also in Weekly/Monthly supply also.. swing trades and day trades are inplay here for myself. thoghts? let me know post your analysis SOCIAL: Twitter: @MoneyballAustin IG: @MoneyballAustin
we are looking at the daily chart of GU, price has lost upside momentum price is reacting off of fresh supply going back into tested demand. possible weak gbpusd and price may fall over the week. i will remain bearish until we break that supply and continue to the upside. feel free to share you thought..cheers-austin Twitter @moneyballaustin YT @moneyballaustin