Summary;
- Daily is in a huge range
- Taking Scalp-Intra day trades in either direction
- Looking for breakouts using candlestick confirmations
- Taking profit at the next available zone
Note:
- Volume is key to breakout trades
- big candle body = volume
Summary:
* Bearish since CPI News
* Already Moved 300+ Pips bearish
* We could either go for a retrace at this point or go deeper bearish.
* watch price during the next hour or two see what it does. React dont predict
Summary:
*Bearish Market Structure (LH,LL)
*Price is at resistance
* IF we reject this resistance & respect the bearish structure i expect gold to bearish
* IF we break above 1910.0 this idea is invalid.
Summary:
* Gold has pushed up to 1900.0 which is a strong zone
* Waiting to see if we get a correction during london session
OR we break that level and continue further
* See chart for my plan & confirmations for both outcomes
Summary:
* LTF are forming bullish structure
* Already corrected most of ADPs Move
* Price will either break sturcture to go bearish since 1840 is a strong level
* Or price will continue to further correct the move up to 1845.0
Waiting for London Open to bring the move
NOTE: Lots of news later on today aswell
Summary:
*Bias is bullish overall, could go for a deeper pullback after yesterdays huge move
*Break above support or resistance during high volume times is what im looking for
* IF we continue bullish today then its wise to leave runners after securing 90%
Summary:
* HTF are pointing bearish
* 4H Just rejected resistance
* Next 4h should give the move im looking for,
if current 4h high gets broken trade is no longer valid
* CPI news coming up aswell
#BTC Short
TPS/SL
2Traders
15M - HTF
1M-3M - LTF
Waiting for Confirmation on LTF ---> going safely into the trade , no worries at all.
Worst case = Stop Loss.
Breaking down James Storm's 300 pip Gold trade.
This Gold trade is based off of a few important things:
1. Fibb
2. Trendline
3. Key levels of Support and Resistance.
The entrance was stated to be around 1645 and TP target was 1675.
The entrance matches up with the 38.2% Fibb retracement.
Also, check the candles here:
I would almost call the two candles...
Breakdown of NZDUSD.
First entry was no entry. Just used the short tool to gage entry levels for future entries. - Did not take that because PA stayed above 200 EMA (Light blue line).
1) Price breaking below 50 & 200 EMA.
2) Lower High after bear pullback.
Breakdown
3) Price breaks below 50 & 200 EMA. & Most recent low.
4) Lower low. confirmed and entered.
5 )...
GJ analysis done for tomorrow's trading day (24th November).
NOTE: This analysis is done daily - pre-asian session.
for the next trading day (LONDON-NY Session)
