I BELIEVE WE'LL SEE A CORRECTION ON THIS PAIR. GOLD. AND WE'LL SEE SIMILAR CORRECTION OTHER USD PAIRS THAT DROPPED LAST WEEK. GBPUSD, EURUSD, NZDUSD ETC. I'M LOOKING AT A CORRECTIVE STRUCTURE TOWARDS 1844 THEN A DROP PAST THE LOW THAT FORMS AS ILLUSTRATED IN ORDER TO COMPLETE THE MARKET MAKER MACRO CYCLE. ONCE ONE HAS MASTERED THE MM CYCLE YOU CAN TRADE BOTH WAYS...
W on the 15, cord of wood on the 30. get in and get out.
Here we have a beautiful M formation at the high of the day, entered as zone is broken down, solid 100 points on the dirty 30.
Perfect W at the low of the day, enter on the close of the morning star.
Gold at the low of the day, means the news gonna trigger and its gonna buy, price wicks super low to make people think its a sell, then boom hits my buy stop at 1778. dont be afriad to trade news.
beautiful cord of wood on the 15, ALWAYS ENTER AT THE CANDLE CLOSE. no impulse entries.
have a look at the chart, fluid money method, two days in a row, perfect sniper entries with zero drawdown. 3 trades in 2 days.
a great cord of wood on the 30 minute chart is our entry, straight into blue profits right out the gate.
USD/CAD turned out a beautiful W, even if you took the late entry at the close of the 15 minute candle you had a 20 pip run with zero drawdown.
so gold decided to turn out two beautiful market maker moves, check out the lovely W to start out of London then the continuation in NY session. a triple bottom was the sign that NY wanted to keep going up and not reverse. 2000 points on gold yesterday, Zero Drawdown. Every Day Every Pair
a beautiful buy with a 800 point candle on gold. total 1000 point buy on gold today.
i believe price price will push up to yesterdays high in london for the fake move and then with a push to the downside trapping buyers with the real intended new york move
Perfect chord of wood formed on gold on the 30 minute time frame, enter at the close of the cord of wood. BAM solid 2000+ move with zero drawback on gold.
Price has taken the buy side liquidity and break structure to the down side, there will be possible short from the marked POI(Point Of Interest) zone. if there is break of structure down side in the entry time frame. Please, take the trade based on your own trading plan and follow the risk management as always to stay consistent profitable.
USDCHF has a higher probability of issuing a minor correction to the upside. We will be looking for a buy setup.
GBPUSD completeted its first H4 level and we now anticipate the second level rise. However, we will need to be cautious since the Dollar might strengthen.
USDIndex or simply the DXY is a USD strength meter. It is a directly correlated to the growth of the US economy. We are waiting to see buy setup for us to to go long on the correlated pairs.
On EU we are now in our second level of the weekly cycle. We are waiting for a SELL setup to catch a few pips on the minor pullback.