XAUUSD just did that, price broke from the channel, now looking for a retest then the indefinite drop towards the 1905 price point. 4h chart: potentially may have missed a XAUUSD sell during london session with the downwards moves its made already yet I'm more inclined it's a fake move and we'll wait for NY session.
In the curious case of EURGBP we have a very prominent struggle for price to push towards the upside. Price has struck the 0.90460 key area twice so far, with the second time creating a railroad track of sorts. Now with the third hit, at the right time (london gap) and forming a head and shoulders of sorts. We're in a prime sell reversal formation. Now I do...
Welcome back! It's been a while, anywho here's why GBPSD might just drop for 410 pips.
XAUUSD SELL start: 1795.38 stop loss: 1801.49 take profit: 1780.89
GBPNZD BUY start: 1.91519 stop loss: 1.91061 take profit: 1.93611
SELL GBPCAD start: 1.71225 stop loss: 1.71525 take profit: 1.70543
NZDCAD SELL start: 0.87771 stop loss: 0.88108 take profit: 0.86925
If you guys quickly check out the analysis/signal I put out on May 14, it turned out to be the perfect trade, reversing off the trendline and flying into kingdom come. What was the problem you ask? Short term vision blurred the long-term vison. Instead of capturing hundred of pips, I settled for a measely +55 pips because...I didn't trust my analysis. This was...
Now this is to push onto the longer timeframe analysis is EURUSD very well may have made the perfect Market Maker push and already collected the orders it wanted to from the small 20-30 pip reverse off the stop hunt. When you look at the 4hr chart, you can see a clear look at a clear "V" formation it made similar to what the mainstream would call a "higher high...
Now here's my analysis on EURUSD and why I took this trade. It's a scalp trade in some points of view. If you have been following the strategies I've used for the past couple years is a small asian session range up till around 9-10pm EST and a clear 20-30 pip push towards one of the stop hunt boxes during london gap session. After consolidating/collecting enough...
EURUSD BUY start: 1.07869 stop loss: 1.07566 take profit: 1.08802
LEH VIP Signals, Heavy NZD news plummets price towards kingdom come. here's the story www.rbnz.govt.nz LEH VIP Signals, Now we wait for the markets to come back into play after the huge news drop. usually 30-60 minutes after the intial release is when markets startes pulling it back.
GBPAUD is looking ripe for sells after a breakout of the key area box and a retest in the makings. A tight stop loss and great take profit is what we're looking for. Let's see what we can get GBPAUD SELL start: 1.8976 stop loss: 1.90270 take profit: 1.87069
EURUSD BUY start: 0.9074 stop loss: 1.08670 take profit: 1.10832
XAUUSD SELL SCALP Start: 1707.60 stop loss: 1715.65 take profit: 197.35
AUDJPY BUY start: 68.138 stop loss: 67.735 take rpofit: 69.294