Good evening gold gang! hope you are well and survived todays price action. We started off with a 100 pip fall down to the key level in asian session .. the first in a while with any volume. Then a correction in London followed by a push through for a total of 400 pips of movement, 300 in once direction. A nugget here for you guys, Gold normally moves in...
On EURJPY, I predict a decline towards 146, where we have a strong demand zone. After the sixth confirmed touch of a bearish trendline around 149, the price has resumed its descent. There is an expectation of a weak euro and a strong USD in anticipation of the congress, while the yen tends to strengthen in times of danger as it is considered a second safe-haven...
BUY ABOVE - 18550 SL - 18500 TARGETS - 18580,18610,18640 SELL BELOW - 18500 SL - 18540 TARGETS - 18460,18420,18380 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
On NZDUSD, I expect a bounce in the demand zone around 0.5990, with a target in the 0.6130 area. Pay attention to the vote on the US debt. There may be low volatility in today's session, but significant volatility could arrive at 8:30 PM. Let me know what you think. Happy trading to everyone.
On USDJPY, I anticipate a retracement towards the 1.3450 area where we have a significant demand zone that has already resulted in a successful trade last week, and where the market has formed a bullish setup before pushing higher. Therefore, I will enter around 1.3450 with a target at 1.4050. Pay attention to the vote on the US default. Let me know what you...
On NZDJPY, we have a price that is currently in the 84.48 area, where we have a demand zone. The price is creating a significant liquidity area there, and a long setup could potentially be formed to reach the 86.60 area, covering the entire market inefficiency. Let me know what you think. Happy trading to everyone.
On this pair, I predict a price return to the 172.47 area, where we have a demand zone. There, I believe the price will create a long setup for a return to the 174 area, which represents all-time highs. Let me know what you think. Happy trading to everyone.
On GBPUSD, we have a market that is currently at the 1.2430 area, where we have an excellent point of interest (POI) with a supply zone. The price could potentially drop with a great trade risk-reward ratio of 2.5 in the 1.2340 area, and then bounce back up to the 1.2470 zone where we have a strong supply zone. Let me know what you think. Happy trading to everyone.
On XAUUSD, we have a long setup that, after creating false lows around 1935 and effectively spiking on a demand zone, the price has risen, breaking previous highs and creating a perfect long setup for a trade entry. All of this follows the Forex48 strategy. Therefore, I entered the position at 1940 with a target of 1981. Let me know what you think. Happy...
God evening gold gang .. hope you had a great holiday weekend. Its back to work time! lets see whats going on Ok at market close this evening, OANDA printed this huge candle sending myself and social media into uproar! It turns out that its just a glitch with oanda chart and having checked my broker feed and other charts, its just a one off. I wonder how it...
On AUDUSD, we have a price that, after forming a demand zone around 0.6530, retraced to the 0.75 Fibonacci level, creating a long setup. The target for this trade is 0.6650 with a risk-reward ratio of 1:6. Let me know what you think. Happy trading, everyone.
On NZDCAD, the price declined to the 0.8220 area, forming a bearish setup according to the guidelines of the Forex48 strategy. Therefore, the objective is to wait for a retracement to the 0.8240 area and then enter a short position with a target of 0.82 and a risk-to-reward ratio of 1:2.5. Let me know your thoughts. Happy trading to everyone.
Good morning Gold Gang! hope you are well on this surprise outlook for bank holiday here in the UK and memorial day over in the US. I honestly thought the market was closed .. ah well here we are Im not expecting much volume today at all .. so the levels are there really to roll over to tomorrow. Sell zone is a nice clean range for it to move down .. dxy is...
As you can see on the chart, Using my strategy i have found a OTZ (Optimal trading zone), this particular zone has been tested Various times with price entering and exiting from here. The zone is between $28,133 - $27,444. - Looking for potential breakout out of this zone, once this happens I like price to re-enter this OTZ again to establish a strong support...
On GBPUSD, we have a bearish setup after the news on the dollar and the possibility of a debt ceiling bailout. We have a price that, after forming a demand zone at 1.23200, rose towards 1.2440 where we have a supply zone with a highlighted short setup in blue. I will be looking for an entry point there. Let me know what you think. Happy trading to everyone.
Strategy with goood mode RSI, long position, tp <=30 lvl Of the GOOD MODE RSI
when you see buy pinbar on 1hour or 4hour or daily chart ,pick buy with SL=pinbar low wait time=2week predict=dow,nasdaq,sp500 will see all time high again (35000) but with 2-3 mini crash if you have old buys,dont fear, if red area break,hedge your buys wish you win
n XAUUSD, we have a market that is declining after reaching today's highs at 1985. The price is descending towards the 1960 demand zone where the price could potentially change direction and return to 2015. However, tonight the FOMC data will be released, which could push gold downward, breaking the 1960 zone and taking it down to 1885, where we have a significant...