Hello traders. We have news in a few minutes. If 2348 / 2350 holds as resistance, we should see a push down. Scalp buys from 2345 were valid although I am in no trades currently. Let's see how the next hour plays out. Trade carefully. Potential push down as the US dollar is manipulated and that is all I can say. Happy Tuesday. Shout out to Big G. Be well...
Hello traders. Taking a look at the hourly chart, I have marked where I sold from last night...I am up 143 pips thus far.. Securing profit as of this writing, moving my SL to my entry point and leaving a runner running. Very thankful to Big G. Let's see how things play out over the next few hours. NY volume could correct this move down, or continue the bearish...
Hello traders. Well we are at my area where I am looking for bitcoin to start the move up. Unless we break and close below $60,600 on a daily or weekly chart, I am looking for Bitcoin to start the slow grind up. Let's see how things play out. And if I am wrong, and we do dip down, or stay in bearish momentum for a bit longer, I will just buy the dips. Big G...
Hello traders. I am off the charts today but I wanted to post and show that we are still in my area of interest for potential scalp buys and or sells. If 2305 holds as support, we may see a push up towards 2315 area. On the other side, if we break and close , on the 4 hour, below the marked area of interest, we can see a push down. Personally I am looking for a...
Hello traders. Looking at the hourly chart I have marked my area of interest. Waiting for a break out in either direction. We have news tomorrow and Friday so lets see what today brings. I am not trying to force or rush a trade. Pre NY volume starts in a few hours. I will update as we get into the trading day. Big G gets all my thanks.
Hello traders. So here is where I am at with Bitcoin. The month after almost every halving is usually bullish. Saying that, I am looking for $60,600 to hold as support for Bitcoin to start the move up. I am bullish, and I am looking for Bitcoin to hit $90k or better before the month of May 2024 is over. I have consistently bought any dip of 10% or more. So...
Hello traders. I missed the push down, but I took a Buy at 2313.02. So far so good. Waiting to see what gold does at the 2321 area. Big G gets all my thanks. Happy Tuesday.
Hello traders. I wanted to post a chart before I crashed for the night. So, for me, this 4 hour chart says alot. It is early in the trading week, and gold is carving out its paths in both directions. For now I am waiting for a break out of the current range marked on thhe chart. Lower time frame confirmation is always a must as well as other conditions to be...
Hello traders. I took minimal trades last week. I am watching the opening and how the overnight sessions go . I can see potential scalp sells and buys. Lower time frame confirmation is a must, and conditions must be met for me to take a trade. $2300 / $2298 is the area to watch as well, if it holds, we can push up to retest the 2310 / 2315 area. This is...
Hello traders. I am looking for a good entry for potential Sells. Saying that, if 2302 area can hold as resistance, then I would look for a Sell at athe 2300 area. SL is 2310 area and my take profit would be 2385 or a touch lower. This is just speculation and a trade set up idea... Trade at your own risk. Gold is at the mercy of the US dollar, which is...
Hello traders. I am waiting patiently to see what gold does today. I have marked my areas of interest for scalp buys and sells. If the daily bottom of the yesterday's candle body holds as support we can push up, otherwise we will have to wait for confirmation with a break and close below said area and I would look for the sells after a break and retest. This...
Hello traders. Fed has gold and crypot markets dropping a bit. Buy for me if 2305 area holds as support. Clean, safer buys above 2340. I have marked the area of interest for scalp sells and buys. Let's see how things play out. Big G gets all my thanks. Happy Wednesday. Whoever got the buy in at 2390 area did well.. I took no trades today. Thanks so much.
Hello traders. I wanted to do a follow up post pertaining to the weekly outlook. So we did break and close below the 60,300 area, and we see more downside. Now the question is how far will we go down? First, let me say that we have several more weeks and up to the next 4 months of this sideways movement. The longer and deeper the retrace, the better the long...
Hello traders. Another trading week under way. I have marked my areas of interest for potential buys/ sells. This is a daily chart and obviously lower time frame confirmation, as well as other factors would need to be considered before taking any trade. For me, I know that all wicks get filled, and i can see great scalp sells and buys. If we push way up, 2360...
Hello traders. Nice day overall. Last trade is still running . Buy entry was 2329.07....82 pips in profit as of this writing. Big G gets all my thanks. Profit was secured earlier , SL at my entry point (break even) and runner is running. Big G gets all my thanks. Happy Friday. Going to hit some shatter, and go sit in the sun. Life is amazing.
Hello traders. Taking a look atthe 4 hour chart and my previous marked analysis, I waited to get out of my no trade zone. I took a Buy entry at 2338.62.. My SL is 2329 and my take profit is 2350 area. Let's see how it plays out. I am a few pips in profit as of this writing.. Saying that, if we dip down some more, I will close the trade with a few pips and get...
Hello traders. I have marked my area of interest but for now I am just waiting. The current 4 hour chart is all choppy trash to me. I am waiting to see later what happens with the overnight sessions to get out of my no trade zone. I can see a scalp up from the 2316 area towards the 2326 area but for me I will wait for a break and close above or a rejection...
Hello traders. Here is one of my rarely posted, highly coveted chart. ( well , not really. I just wanted to add some allure ). I have marked where my buy limit is set. We will have months of ranging and consolidation until we find true, defined support. I am buying any dips of 10% or more. Let it drop and shake out all the leveraged traders. This is...