Ahmedshebe

GOLD ANALYTICS

Long
Ahmedshebe Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last week was amazing hopefully this week will be the same, meanwhile today we should be having a bounce back to 1956 our TP'S are as follows TP 1887, 1917 . 1927 and a possible extension further BUT KINDLY NOTE this week there is a possible big fall we might see 1739 and possibly extend further, as of now we are already have our first confirmation shoot up, awaiting 3 more identifications and we'll be good to go.

At the same time we expect some different pattern formation towards the week, so let's trade carefully, our waving is really strong but the trend is suspected bearish , bulls are gaining their power as of now.

Woke up with a terrible headache so let's see what today brings and that's it for now up until then you enjoy them profits and wish you all a great week ahead.
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Three indicators already implying a bullish move awaiting confirmations on a bearish trend
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We are now on!
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There's so much consolidation, all my indicators were indicating an upward move and still expect the upward move, currently the there's indecision but the upward move is a guarantee today possibly towards the evening hours.
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Hello and good morning, there's still indecision between the sellers and the buyers, that is the indication of upward move then suddenly fall under a consolidation, i remember very well towards the end of last week we also had so much consolidation and i think this week as well there'll be the same we just don't get the breakouts easily.

Last week we saw breakouts mainly during the evening hours, this week we are yet to understand when to expect the breakouts, i thought it would have been the same but then i was wrong, after i saw a lot of consolidation yesterday i figured the breakouts could be in the evening but i was very wrong.

Up until now we haven't seen any breakouts, and since the market was just opened yesterday we should expect increase in momentum as time goes by, i did have my buy entries yesterday and as we are talking i am currently slightly on the positive side though as i had indicated earlier due to the consolidation present, and since i have been on profits and then loses, then profits then loses this only means i'll hold on to my trades and do nothing until i get my confirmation.

My idea remains the same we should see the bounce back ,or rather a correction formation towards the upward move, i'm sticking with the same idea until proved otherwise.
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The market is in a reassessment mode, and that’s why you see markets pull back a little bit, Stock futures were little changed Today as investors braced for the latest commentary from Federal Reserve Chairman Jerome Powell.

We expect increase in momentum in the course of the today or possibly tomorrow so far i'm still running profits in considerable amounts.

Up until then wish you all the best.
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Hello All and Good Morning, hope you all are well today, I'm still sticking to my previous script or rather analysis ,so far there's increase in momentum which is a good thing for me as a trader coz momentum is what moves the market.

I have been having loses and profits on this trade and i'm still hanging onto it, still looking at TP'S 1887, 1917 and possibly 1927.
Meanwhile have been on scalping which has been generating enough pips for the day as i wait for our breakout.

Those on short term trading there's been lots of opportunities mainly in 15 ,30 and 45 minutes time frames. I suggest you hold on to this current and at the same time try identify entries on lower time frames using the symmetrical triangle and rectangle.

I would also suggest you add RSI to your charts there and then you'll be able to identify entries further, i had generated $440 yesterday and today i'm targeting $560.

NOTE: You need to have a daily target for your trading, this requires a lot of discipline and psychological preparedness. have your daily targets and plan how you execute and achieve your targets.

E.G I run up to 3 trades per day to achieve my target when i talk of 3 i mean my trading mainly takes up to 15hours of the day, each entry has five hours running, most of the time i would have two at once and then the last one comes in as the closing one.

On scenarios like so much consolidation i'd usually do scalping and scalping is on short term which indicates that in scalping you need lot's of time on the charts ,i'll do scalping only when i find time , 5 minutes to 15 minutes run, close and identify other entries and sometimes i don't do scalping on the same day i saw the consolidation, i can go the whole day with no trading and when the markets are back to their full potential i would try get a refund of my previous day.

Sometimes i'd try change my pairs just because of consolidation but at the same time i will be having an entry through the consolidation awaiting.

Trading Journal also plays an important role it's good to identify your profits and loses , it's good you have a record of what happened that made you lose, this way you can sit down analyze and try gain back your loses although this is not recommended but scenarios show up and give you no other options.

REMEMBER "DO NOT FIGHT THE MARKET" instead "Treat it like a kid"!

I'm today going for scalping and as of this morning i have already generated some pips as i await my major entry to execute.so far yesterday is almost covered and looking forward to today's target soon.

Until then wish you all a good day and wonderful trading week ahead full of blues
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Running good profits on Gold buy order, so far so good, yesterday's target achieved, and today's target 35% covered awaiting more confirmations on other entries, meanwhile good open positions on 45 minutes time frame expecting a fall once gold hits the previous high, the same applies on 30mnts time frame, but all awaiting confirmation.
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We almost hit our first TP @1887 , but we'll hit it hopefully soon.. we have our breakouts towards the upside, just one minor confirmation and we will be fully in, momentum increase towards the upside as well, there's also a possibility of a major change in the movements.

Meanwhile my target achievement is at 45%
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The fall i indicated in my previous update from 1886 is currently running profits the fall may reach 1874 and then most certainly bounce back. Those who managed an entry well done those who didn't don't you worry opportunities are unlimited.

As for me i'm still running profits on gold although it has refused to hit my first TP I'll still hold on to my trades, so far there's been 3 breakouts since yesterday towards the uptrend, although they were not major breakouts but for me that's a sign.

You can imagine holding onto a trade due to consolidation for two days, it's hectic but most of times rips good fruits, i'm on scalping still as i await my major entries to kick in.
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Good Morning hope you all had an amazing night so did i, today i might close down the trades that i had opened on Monday afternoon, although not sure yet of what might happen in the course of the day, the chances are currently 50% closing possibility as i wait further updates will be coming.

Meanwhile gold is a guarantee towards the upside, but i'm just so worried about holding up my trades for this long, infact this is my 4th time holding trade this long since my beginning of trading carrier, all the previous hold ups i had ripped amazing fruits but back then momentum was playing a very important role.

So i should see if the momentum will increase and if it does then i sure will continue holding, if not then possibly cancel the long running trades which are currently running profits.

I have been on scalping for the last two days which was good , although not that good, today the same applies , scalping on a lower time frame, secure some profits as i wait to confirm what is to be done next about the long running trade, will be sending an update on my scalping soon and hopefully we'll be able to do it together.

Until then wish you all have an amazing trading day full of PROFITS AND HEALTH.
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Still running profits on GOLD, The uptrend formation is as well seen, and because it's still weak, i hope for increase in momentum so as to understand what i need to do and as i had indicated earlier, only the increase in momentum will stop me from canceling my Monday afternoon entries.

So far the cancelling chances are still moderate, nothing serious to force me out of the trades. I'll hold onto my entries and at the same time I AM on scalping which keeps me going.
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Running good profits on GOLD LONG TERM, i still aim for my breakup at the previous Tp of 1887 although i don't see the breakup there so there's a possible lower break at 1886, current trend is bullish, momentum seems to be increasing but very slowly, if i get the breakup at 1886 we may see 1902 and possibly 1917 today, about the big fall i indicated earlier this week it should be here but not as soon as expected.
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The fall is active i'm not in a position to analyze right now , but soon i'll be back with the latest idea meanwhile my First TP was hit at 1887 AND currently running huge amount of loses but i ain't closing the trades yet until i complete my analysis..

AT the same time i see myself recovering my loses using different pairs.
Trade closed: target reached:
Hello All, i have decided to close the buy entries which were targeting 1927, although Target 1887 was achieved with with good profits, i was running loses when i woke up, i had 6 entries locking 1887 as my 1st Tp and 3 entries locking 1927 as my Tp, the 6 entries generated good profits but the 3 had me shut down a little.

At least a quater of my profits were taken by the fall, which i had predicted ealier this week and then due to low momentum became worried, anyways what's done is done and cannot be undone.

I'm on RECOVERY MOOD, although as always you don't fight the market but rather treat it like a kid.Currently running profits from the fall and possibly in the next hour i'll have my Targets hit this should act as a recovery.

After the recovery then identify further entries and execute. MEANWHILE the fall did is seeing 1837 on the long run, we expect continuation of the fall after a bounce back and then fall extension targeted at 1837 and possibly even lower.

PLEASE TRADE RESPOSNSIBLY! Heeeeehah! i'm in full force up untill then wish you all a wonderful closing week. I'll be back later for an update.

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