Good day guys! Since my last post, you know I was expecting gold to sell off. For those who has been following me, you had two positions in which you profited from. For those who were received my third update on my sell entry, notice I did say the RSI was showing some extreme divergence. Now that price action has made a top at 1912, I do think we should see an...
Good day guys! I have noticed with the Euphoria and seeing how multiple indicators are revealing gold is in an over extended market. To me, it looks like the markets are in the process of forming the head of a potential head and shoulder pattern. However, just because the signs are there, does not mean the entry is perfect. I would love to see a sharp sell off to...
Good day guys! I am still holding my long term sell position with gold. God has revisted yesterday low's and gone even further. This could be the continuation I have been posting about, since my entry last Friday. I am still patient and I did take profit a couple intraday positions yesterday. My intraday positions SL's were triggered at 1825. I do believe that the...
This move is aggressive! Be sure to trail your SL into Profit! Especially, if you entered the trade when I posted last week. My SL is at 1730 into profit. Be sure to leave a comment below if you have any questions. We do appreciate you for checking out our post and remember, we will see you on the other side. Rodrick (CEO) Third Eye Traders
Good day guys, as promised, I am delivering my first update of the week for this setup. The next update, should be our entry into the market. I want to see a possible last push to induce buyers into the market, following by a star pattern formation and an aggressive sell off. That is what I am looking for to get you all into this phenomenal setup. This could be a...
Good day guys, if you took this gold position, since I posted it, you are in well over 1000pips. If you took it from May 3rd, you should be in profit over 450+ pips or yesterday, you are up 200+ pips. What another push for all the bullish momentum into Gold. We have now reached the trend zone and I placed a sell limit position in at 1832. You know I am all about...
Good day guys, I have been holding this trade for quite a few days and it is paying off substantially. I have now pushed my SL into profit at 1805, making it over 800 pips. This was indeed a good setup. Be sure to notice we are approaching the lower high trend zone, so a possible reversal is in view. Again, I have been saying that I am looking for gold to go to...
This has been a great setup and I am up 381 pips with this trade. If you notice the red circle on the lower high trend line, you will notice that is where I am looking to exit the trade and possibly enter into a selling position. Keep in mind that I trail my stop loss into profit. Therefore, my trade is risk free at this point. However, I will continue to manage...
WIth Gold being under pressure this week, I am still looking for gold to continue to fall to the down side short term. However, long term I am still bullish. WIth all the money printing and failed monetary policy that is being implemented on a global scale; I am predicting Gold to rise to at least 2300 by 1st quarter 2022. Yes, we are some ways off, but I am more...
Good day guys, another update here. With more massive bearish pressure still continuing with momentum, my trade SL in profit was triggered. I am no longer in this trade. I just wanted to update you all. We appreciate you for checking out our post and remember, we will see you on the other side. Rodrick (CEO) Third Eye Traders
Good day guys. I noticed price action provided a nice pin bar rejecting the bearish momentum even further. I placed my entry 51611.72 & 51919.05. I am bullish on this for the next few days. However, I am a risk taker. Be careful and use proper risk management. With Bitcoin you do not have to use a big position size to win big. Make sure to ALWAYS trail your SL...
Good day guys! I have been monitoring this trade for us and I have still seen bearish momentum. I did not place an entry. Price action is revealing a head and shoulder pattern. If you took this signal, just know that loses are part of the game. I will wait for price to reset before I provide another update. We appreciate you for checking out our post and remember,...
Good day guys! You know I love finding value and I try to give you all at least one to two really good trades a week based on my analysis. When I saw this massive wick to the downside, I knew the trap was in. I was able to mark the fibs on the chart to see a possible reversal to the market. Now that I see that price action is failing to come back to this level, it...
Good day guys! Another phenomenal setup if you took our sell signal with gold. We are currently in 100+ pips into profit. Precious metals are still under pressure. Jay Powell speaks again on Wednesday, so let's see what he pull out his hat. Make sure to push your SL into profit. When I first placed my entry I was willing to risk 40 pips to gain 420+ pips. The...
Good day guys! Another great trading setup and if you took this trading signal, you are in some great profit. I want you to push your SL into profit, so this will be a risk free trade. I am all about risk free trades and letting it ride. Remember to let the trade breathe, but at this point, you want to maximize your profits. Be sure to like and leave a comment...
4 minutes ago Bitcoin has been showing some strong bullish momentum. I see price action retracing to the 58k level to establish support before making a bigger move to the upside. I will continue to monitor this trade for us all. Be sure to like and leave a comment below in regards to what you see bitcoin doing. We appreciate you for checking out our content and...
Gold has been on a bullish run after reaching the trend line in the previous post I outlined for you all. I need to see some exhaustion and price action failing to break above the sell off (1757.919) which is looking like the head of a head and shoulder pattern. The illustration reveals a possible right shoulder forming which is a bearish signal. Remember, JP...
Good day guys! I am now closing my bitcoin long positions from 52526.72, 52579.78, 52699.91 & 52762.98 level. We do see this trade going higher, because we noticed PAYPAL just added crypto to the checkout feature on their platform. This is huge! Again, it is always good to book profits and look for the next set up. We believe in actually withdrawing from your...