UPDATE: GBPJPY ANALYSIS REJECTION. Beautiful trade today with an easy R:R of 1:4. This zone had formed on Wednesday and we had waited for price to return to this area. As you can see it was a really power zone sending the price back up.
So now we can see what has happened and what went wrong on our trade yesterday. We can see how price pushed up through the zone to gather more liquidity. The price faked out through our zone, trapped the buyers and reversed. Nothing to worry about - only a 1% loss. IF he had a higher stop loss we could have managed to stay in it. 1925.00 was a key level for gold.
UPDATE - ENTRY XAUUSD SUPPLY ZONE - We have now entered the trade. We will hold it and if stopped out no big deal! Risking 1% of our account!
UPDATE: XAUUSD SUPPLY ZONE REJECTING our Sunday analysis Supply Zone. On a smaller Timeframe beautiful trade. In and out.
Trade closed: stop reached: We had a trailing stop loss which took us out on 136.350 on a still very nice R:R result of 1:4. Satisfactory results.
Yesterday analysis playing out nicely. We have now entered as planned on 137.200 with a 20pip stop loss. The plan is to hold the trade for full 4 days for R:R of 1:8. Please check out my analysis yesterday for this.
XAUUSD GOLD SUPPLY AND DEMAND ZONES - key levels. Trade with the flow. Ride the wave. Easy money on these zones. Watch my previous weeks analysis.
XAUUSD NEW DEMAND ZONE ADDED - We should see a very nice rejection of this zone. Planning entry tomorrow if price enters the area.
GBPJPY SUPPLY AND DEMAND ANALYSIS - High volume, high probability levels. Please see my previous weeks analysis.
XAUUSD GOLD SUPPLY AND DEMAND ZONES - Play my previous weeks gold analysis!
GBPJPY SUPPLY AND DEMAND ANALYSIS - GBP about to drop from that zone. Watch it!
XAUUSD GOLD DEMAND ZONES - critical levels on gold. Watch how price reacts in these zones. Easy money.
GBPJPY SUPPLY AND DEMAND ANALYSIS - any questions please ask me in the comments
GBPUSD SUPPLY AND DEMAND ANALYSIS - Keep it simple. Clean charts. Ride the wave. Liquidity wicks. Read the price.
GBPJPY SUPPLY AND DEMAND ANALYSIS - Keep it simple.
XAUUSD GOLD SUPPLY AND DEMAND ZONES - Keep it simple. Liquidwicks.
XAUUSD Fibonacci Supply & Demand Zones. What a week ahead.
GBPUSD DEMAND LEVEL + FIBONACCI. Excellent week ahead. Looking for a buy in the demand zone!