Im expecting the 4hr candle to flip and make a move down to the next level as shown on the chart. This would mean sells below 1850.00 with a 4hr closure required. As always, im in bed through asian session and awake from 06.30 GMT to catch the pre london volume. Remember guys, its TIME AND PRICE that is the key to scalping these markets. Be at the charts when...
wow .. pretty accurate!! .. the usual whipsaw so gold move to the downside to then fly back up to my top target. I did'nt trade .. but was very accurate as always.
Just for a bit of fun .. here are my price targets for CPI. Lets see ... I dont trade the news candle .. i like to wait an hour after.
A nice push up during asian almost to the tee as my prediction. No trading for me until an hour after news.
Im not expecting much during london and new york tomorrow due to the news .. but asian session could provide volume to drive price back up into the range before the big push (wherever that can go) Buys above 1855.60 back into the range and sells below 1850.00 Catch you all in the morning! Tommy
Quite a lot of volume today considering the CPI news coming up this week. I managed 3 trades one in London two in NY. Both following my bank levels strategy which is basically a close and retest around certain levels. Im looking to exit fully at the next level labeled on the chart.
a nice volume packed week for gold providing me with london and new york scalps. This afternoons sells came late in the session and only managed 10 pips and a break even. Overall a blue week in the markets, i cant complain. Beer time!!! enjoy your weekend guys .. love tommy
sell stop placed ... lets see if we get activated.
im not too concerned as its the end of the week .. but im looking at these 2 price levels. 4hr candle could possibly flip and sells will be valid or buys above the top banking level.
beautiful move caught from my levels this morning on Gold. around 1:4 in total with partials.
Break and retest of the banking level riding the volume. Entry on the break of the previous bearish above the level. High probability trade taken 1:1 at tp1 and runners running up to next target.
Asian session saw a little volume to push price down. There was an entry available for sells but i was asleep at this time. Id like to see the push up in London session going into early NY. Ill be looking for buys around my banking level.
After a huge drop in this afternoons NY session, a support is forming around my banking level for a possible move back up for the start of london.
Im expecting a small pull back for XAUUSD to continue its bullish bias. We are in a weekly resistance area which is tough to break. I expect a small pull back to the 1913 to 1910 areas before continuing bullish. Ill be taking buys above 1922 with a candle close confirmation. TommyXAU