In the early hours of Monday's Asian trading, gold prices (XAU/USD) surged to unprecedented heights, flirting with £2,250 per troy ounce. This surge was driven by a blend of factors: prospects of a Federal Reserve (Fed) policy shift in the latter part of 2024, simmering tensions in the Middle East, and upbeat sentiments surrounding China's economic...
EU has been bullish and via my analysis price could have a target of 1.108. On a 30m fib price is currently at -27. I am looking for a slight pullback for a long entry.
Aussie Dollar is at a level I see as potential reversal. There is a 4h fib in place and price is currently sitting around the -27. Price has also been rejecting the price of 0.682. The second rejection of the price a bearish engulfing was formed. There is also divergence with price. Price is making higher highs, while the RSI is making lower highs. I am looking...
Keeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a...
OANDA:AUDUSD The overall trend for Aussie Dollar has been bullish. There has yet to be a break in structure to tell us the Aussie Dollar is going to begin to sell. However with Price making its way to the Red Weekly downtrend, I am expecting for price to begin to show some kind of selling momentum. As I said above there has yet been a break or change in...
OANDA:AUDUSD Via my analysis Aussie Dollar is still having buying momentum. At the time of this publishing AU has reached into a resistance zone. A slight pullback to the Green 4h trendline is what i am anticipating. With the Green 4h trendline being great support, I see price continuing to buy and make higher highs. A break below the Green 4h trendline can...
OANDA:AUDUSD The previous week of Aussie Dollar was Bullish: 1. Aussie bought on Sunday, closed above the previous high. 2. Retested the previous high and began to buy higher. 3. Monday closing and Tuesday opening made a higher high. 4. Aussie began to make a series of lower lows and lower highs. 5. Wednesday completed the correction and with a few...
OANDA:AUDUSD This upcoming week of Aussie Dollar, via my analysis, price will continue the trend and trade lower. Current price is in a consolidation right after great selling momentum. Two thing happen from here and its simple: Price trades above or Price trades below. Via my analysis, price could trade above the consolidation and come back to reject the...
Mind CTI ltd Immediate targets 3.31, 3.45, 3.61. Invalidation at 2.81 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
Its clearly obvious now that were living in a simulation. We make money on the internet and everything is energy... choose yours
Hello Successful Traders, As the time is approaching, for some of us we have been anticipating the announcement of the Earnings Report. Tomorrow at 8:00 A.M. EST, the company will release it's report. Await confirmation prior to entering the market. Resistance Level 2 - (0.40 - 0.50) 10 cent interval Resistance Level 1 - (0.33 - 0.40) 7 cent interval Key...
"The Market cannot hurt Me. I can only hurt my Self!" - Josh Ridenour There is a Time for Losing - The 29th verse of the Tao Te Ching is about how there is a time for everything in life. A time for being ahead, a time for being behind. In the market, there is also a time for everything. A time for large profits, small profits, break even trades, losers,...
SYMC is at the bottom of a bull flag trading range and in the midst of an expanding triangle. Prices have been volatile the past two weeks, with gaps up and down. Both sides are fighting for follow through. The bulls have a slight advantage because we are near the bottom of a bull flag trading range. The bears need a strong breakout below the 16 higher low. ...
1). Over-trading and Random trading. Most people and traders think in order to make money as a trader you have to be trading all the time. If you are simply watching the market, you are missing out, or not doing your job by not trading it. This leads to over trading, and trading randomly or outside of your edge. Any trades taken that are not apart of your...
1). Over-trading and Random trading. Most people and traders think in order to make money as a trader you have to be trading all the time. If you are simply watching the market, you are missing out, or not doing your job by not trading it. This leads to over trading, and trading randomly or outside of your edge. Any trades taken that are not apart of your...
Lesson 9 Trading Psychology is Important When you look at the market you should see your self. The market is a collection of buyers and sellers. You are a participant in that marketplace, and therefore you are the market. How can you understand the market without understanding yourself? The mental landscape of a trader is extremely important and very...
Many traders seek consistency through the idea of mastering the markets. They consider them to be logical and therefore can be figured out. They believe with more knowledge of markets and how they operate, they will eventually make a consistent return. And so they continue searching in the markets for a reliable edge, or outside the market for a leader or guru...