CalseyReece

CalseyReece

Yesterday I had an intention of providing a buy signal on us30. If you have a look at the chart provided, you will notice I had established the low of the week which happened on Tuesday. I anticipated a stop hunt to the down side breaking 35547 before rallying up. Well, it moved but I never took the trade. Thing is, when you trading and you are waiting for...

CalseyReece

Not much to say regarding the analysis, but if are still in gold, cut half of your position at the illustration provided and ride this baby out. Today we eat.

CalseyReece

Just an update on earlier analysis. Since we have broken the initial low of the week from yesterday, we now need to anticipate a sell off to swing low marked on chart, or a break above short term high.

CalseyReece

Have not entered yet. waiting for 1784.600 and buying. SL just below low of the week. Lets see.

CalseyReece

The chart is self explanatory. If you have any issues, let me know. Just remember, if we don't get what we looking for, we do not enter. For now, sit on your hands.

CalseyReece

Neutral until I get a stop hunt low ( in to or below blue shaded box ) or an impulse above todays high before I shall seek to get in.

CalseyReece

Awaiting GU to run above short term highs @ 1.33903 before positioning myself for a mid term buy to 1.34950 11 pips below the price target of 1.34961 If the high gets broken, I will be providing insight when I will be getting in myself.

CalseyReece

Blue boxes provided are liquidity voids ( areas where the market has an intention of picking up those orders never tested ) and this is why we NEVER get enticed by rapid moves and we DO NOT chase them. Every Tuesday or Wednesday would be the best time for you to establish the high or low of the week. Your directional premise would be your guide to whether or not...

CalseyReece Updated 

For those who saw my initial post on EURUSD 3 days ago would be able to see the way the market has respected the key levels I have been waiting on. This is not to say that I am 100% accurate but to rather indicate that there is definitely something worth looking for. All my analysis is based off swing trading concepts to find daily opportunities once a directional...

CalseyReece

This is the price levels which I am observing for gold. Of course, execution of any trades occur on lower time frames for greater entries. When gold approaches the equal lows I am anticipating a violation to occur, i'll provide the update on lower time frames for possible scenarios and entries.

CalseyReece

Lets face it. As a trader regardless of your level of experience in this market, losses are annoying for only two reasons. 1) It costs us money when we lose 2) We'd have to acknowledge that we are wrong........This time. No matter what you do, taking a loss and being wrong at times is what we signed up for. Today I was wrong and yes, I lost money. What I have...

CalseyReece

From Sundays analysis, we are now placed at a reasonable discount price. Ill be going long from here Taking profit around 1846

CalseyReece

As you all can see, Yesterday I posted my buying area for gold. At the time we were at 1845 and now we are at 1815. wait for tomorrow or wednesday to give another sell off and start positioning yourselves for that buy. Good luck to you all

CalseyReece

When trading oil, you will always notice that global prices hike and consumers purchase at a premium price when market makers are selling at a premium. This is why oil price is dropping after we got locked in for higher oil prices all over the globe. I generally look for discount prices in an up trend like oil is doing right now which is why ill be looking for a...

CalseyReece

EURUSD has been bearish since the second quarter. As you can see, we are approaching 1.12000 which is a psychological level banks trade off of. 19 June 2020 we saw a swing low at 1.11684 so when we break those lows and expand above 1.12000 I'll be looking for long opportunities to 1.20000 but taking intraday trades. Be patient. The best set ups are the ones we wait for.

CalseyReece

For this entire year of 2021 gold has been in a range between a high of 1959 and a low of 1676. Given the fact that the dollar index as well as gold were correlated (moving in the same direction together ) from the start of the fourth quarter, which as we traders know should not be the case, this gave me insight to monitor the strength of both the dollar as well...