XAUUSD reacted well to the 0.5% fibo level, I'll be monitoring this levels to go long on the pair
I'm still in a short bias on this pair. Once structure is broken I will look for buys.
Hi Guys, Despite positive news for the US economy the DXY failed to break important structures for a reversal on the downtrend. Price shot up from a double bottom, fueled by both technical and fundamental factors, but failed in it's attempt to go any higher, let's see what happens when the market opens this coming week. I'm short bias. APFx
Hi Guys, XAUUSD presented a beautiful structure and fulfilled the "trading quo" of a 50% retracement on this structure. If price break and retests the Fibonacci level, consider going long on the pair. Please refer to the chart for further analysis. Thanks.
Hi Guys, I'm spotting a beautiful pattern here, I incorporated FIBS for targets. This is something new to my current trading plan because I would usually go for a 1:3 on a trade but I'm going to try this out and see how it plays out. Please note that this is not financial advise nor a signal, it merely represents my thought process behind taking trades....
Hi, There is really not much to say about this pair. We've seen a huge impulse on this pair so some sort of 50% retracement is highly appropriate now. Whether the pullback will only be 50% time will tell but considering the DXY my targets are way below 50%, for safety sake I'll lock in profits around that 50% retracement areas.
Hi Guys, I'll be entering a high risk trade with a very conservative stop loss when the market opens on XAUUSD, this pair here doesn't seem to favor the downside and that's because the US economy has been taking a beating on the market. No reason to look for sells anytime soon, this pair has been making strides. Thanks
Hi, This is my view on DXY I have no reason to believe the trend will change this coming week, not taking into consideration fundamentals, price is approaching a structure high but is doing so with wick rejections indicating some sort of bearish pressure, will that level hold? Let's see in the coming week. Enjoy.
Hi guys, This is a picture analysis for those who cannot view the video. We could see xauusd make a new high or reverse. Please refer to the chart for my bias.
Hi Guys, Please like the video and leave your comments if you like or dislike this video analysis. Thanks
What's going on guys, trust you are well. DXY is reaching a demand zone and we could see the dollar picking up strength this week or worse, it can break lower and we will see the USD taking a beating in the month of August as well. Be on the lookout this coming week for either senario. Thanks APFX
Hi Guys, We've been looking to go short on my trading floor but failed dismally. This is what you get for trading against the trend. But we live and learn, I foresee XAUUSD reaching its previous highs which is $1884-1885. I'm having sell stops in and around those areas. If I get triggered, awesome, if not great! I'll look for trading opportunities later on....
Hi Guys, This is what I foresee XAUUSD doing this coming week. I don't think it will go any higher than it already did. It's been struggling to break the structure highs and we see a lot of wick rejections in and around those areas indicating some sort of bearish pressure, big or not, this week will tell. Enjoy APFX
Hi Guys, Please like the video, comment if you want more video content to get an idea of how my thinking process works. Thanks APFX
Hi Guys, I'm short bias on this pair, NASDAQ looks like it's about to fall and the DXY is overall short as well. Thanks APFX
Hi guys, DXY has been behaving interesting. It seems we can anticipate a reversal on it but then again the overall trend is down. Please refer to the charts for my overall idea. Please like and comment on this idea if you find it interesting. THANKS APFX
Hi Guys, Trust you are all well! Very risky trade on DXY, almost a 1:1 trade, essentially these types of trades do not form part of my trading plan but I feel comfortable taking this trade anyway. Price came into a key level and showed evidence of some bullish pressure in the form of wick rejections on the lower timeframes H1-15M. Also we have a pattern...