TVC:DXY DXY - I love how the USD had a lovely liquidity grab, although we don't trade the DXY, its great to see how well it takes out lows, stopping out people buying into the USD too soon before then having a nice push! I don't think this will be a reversal, however, pullbacks do look really nice. I just love seeing typical market psychology and manipulation
COINBASE:BTCUSD BTCUSD - I am still holding longs in BTC, I do think soon we will get some deep pullbacks, but for now I'm not trading what I think, I am trading what I see. That is a broken counter-trendline, now retesting to add in longs to continue the current ride up. Until we break back below the trendline, then I am bullish, very simple
Silver shorts, looking really nice! Currently just playing the channel, nothing crazy, simple price action, executing what you see not what you think. If we break the trendline that has been well respected as support and resistance, I cut my shorts on the retest, I go long, very very simple. Focus on the mindset of trading and watch the success unfold!
I have been watching for shorts on this pair for a while now, yesterday we finally got the right price action to take a good position. The third drive of the highs, waited for a rejection, entered risking off the highs. Daily candles are looking very nice too, so many clear rejections of a big upper trendline.
Really liking shorts on this pair, I have taken a 0.5% position and will look to add in once we break this level of support as we still have the potential to push up first. Remember, the trend is friend, wait for conformation, stick to the plan and let the trade come to you!
FX:GBPUSD Looking for GBPUSD to come up and create this right shoulder before further continuation to the downside. Already sniped the top with the guys, so now I will just hold and chill
FX:AUDCAD - A lot of Canadian Dollar pairs are in very interesting areas for sells, which is always nice to see that confluences across the board. Rejecting the 78% fib, -27% lining up well with our monthly level. Seeing signs of a liquidity grab at the moment, looking very nice!
A current trade we are in, looking to play this one down to the monthly level of 67.500 Currently creating this head and shoulders formation too, giving us a good sign that we will continue down and looking to be a nice place to enter another position and scale in.
Scary USD chart here, but in a beautiful way! Monthly TF Q1-2 next year, Vaccine = Bullish USD, economies rising again, USD going back up to the 100s let's see! Could be an incredible year for the US Dollar!
From the position post yesterday, we had that beautiful fakeout, manipulation to the highs, before then seeing the pushdown. The daily candle wasn't promising for me, I will be managing this position carefully and reducing the risk ahead of ECB news today too! Nice play down regardless.
Played both of these positions live, 12% down 6% back up. Now holding onto both, I will look to scale into my sells depending on how price action reacts, at the minute it is choppy so let's wait for further confirmation
Played this insane move up with a really nice entry! Now waiting for a breakout of this pennant structure to play it potentially down into even the $8,000s before then looking for a huge swing back up for a longer-term investment!
OANDA:XAGUSD As per the previous analysis, I am looking to play this down, SO if I am looking to play an overall swing down, and theres a 600+pip gap to where I would look for sells, taking the long hedge position makes sense! So played this really nice order trade 3.3% move up, to now anchor me if I want to look at sells. If I now take sells, but we keep...
OANDA:XAGUSD Looking to play some silver sells into next week potentially if we get the right price action. Currently holding longs from the bottom where I shared here a while ago, still holding. Depending on our price action, if I can find a good entry, I will play a hedge position up, before looking to take the sell back down, from these nice Fibonacci levels.
Holding shorts as a hedge to look to take longs soon with zero risks. Lining up that fibonacci with the trendline, maybe we could see some sort of manipulation below the trendline, before looking to have a push to the upside! Holding my shorts allow me to now take longs with ZERO risks!
Still holding my longs in bitcoin from these lows as posted last month. A fantastic move and swing trade, watching how we react around that 13000 price level!
FX:EURGBP Price is breaking out of this very corrective structure after having that big push up. I will be now playing this up to the highs of 0.9300 Around here I think we could have some big swing sell opportunities!
Here are my current gold positions, been simply playing tennis both ways, execution is the key! No emotions, no bias, no ego, just trading what I see and having fun with the markets!