Gol-DTrader

Gol-DTrader

the USD is looking really soft this weak , the intraday bullish trend have been broken and currently the price is being trading very bearish . if we get a break down under 0.9844 there is a good chance for it to continue it's fall down to 0.9788.

Gol-DTrader

usd is looking really soft against the yen , the trend is obviously bearish and the price have been printing lower lows since a while now without any fundamental to back any farther push up , so I'm expecting it to continue it's fall down to try to touch 144.83. there is a high chance for the price to fill the candle and by that I mean for the price to fall down...

Gol-DTrader

the Japanese yen is still soft compared to the strong pound , the price have already broken a strong support at 168.70 and is currently retesting it at the smaller time frames ( 15 minutes ) , there is no sign of weakness from the price and I'm expecting it to keep it's bullish rally to try to touch 170.94 and that's like 222 pips opportunity !! an entry from the...

Gol-DTrader Updated 

the market opened on a nice bullish gap this is a clear indication that the market want to head up ! if we swap to the 4h candle we can see that it did a huge down wick this is a second indication that the buyers are having great momentum compared to the sellers . now if we get a break up and a candle closure above 167.09 and a candle there is a high chance for...

Gol-DTrader

before this post I explained how the candle act as a gap and get filled with time , now this is a similar concept but with the wick! this is a very useful concept to grasp and can be of use especially in the higher time frames like the daily , weekly or the monthly as in the bigger time frames the candle usually leave behind huge wicks that get filled with time...

Gol-DTrader

this is a cool concept that helped me a lot to understand the price action , whenever the price makes a move it leaves more often huge candles behind , this candles acts as some kind of gaps that get filled whenever the price come back to it. first you need to distinguish the support zone or resistance zone that the price created and whenever the price breaks one...

Gol-DTrader

as I promised you past week I will reveal for the first time one of my trading secrets using the fibs level that have a great accuracy of 95% !!! you don't believe me ? read this post , learn it then go test it and come back to me after ;) in a sort of an educational post I will teach my own method that I designed and tested for months , the method consist using...

Gol-DTrader

when the price is consolidation , doing a limited up and down movement the price is actually rotating around a pivot line inside the consolidation zone that you will find it usually in the center . ( take a look at the attached image for better understanding) . The best way to think of this point of control is to imagine it as having gravity. It is attracting...

Gol-DTrader

the general trending for $AUD/USD is bearish , the price have been printing lows since 7th June to this day , but with the price currently trading at 0.6762 a strong demand zone and failing to break under it , the price formed a double bottom showing a technical potential weakness from the sellers as well we are seeing an intraday bullish market structure being...

Gol-DTrader

$AUD/CAD is traded very bearish since the 16th of the past month , the price moved down from the highest high at 0.9135 to the current lowest low and our demand zone at 0.8760 , failing to break under it and to continue it's bearish run down to the under price levels , the price showed some strength by breaking above 0.8848 ( a strong resistance ) , so if we get a...

Gol-DTrader

due to the high inflation and the poor US economy gold should be bullish so why is it falling ? the answer is that $Gold is pricing in the future upcoming US economic stimulus , the institutions and investors know that the FED will step in to try to lower the current high inflation . so don't be surprise if you see a gold rise when FED rises the interest rate...

Gol-DTrader Updated 

$Gold for many previous posts i share I've always been bearish on gold due to a fundamentally $USD Currency Index strength , as well a fundamentally and technically $Gold weakness. currently $Gold is being traded in a sort of a bearish consolidation , and with gold failing to break above 1812 and falling under 1808 is a sign of the sellers pressure on $Gold , and...

Gol-DTrader

GBP/CHF was traded side ways in a form of a consolidation for many months before the price escapes from under the consolidation zone , and if you did read my educational post about consolidations you understand that for the price to break under the consolidation zone means for it to enter a bearish phase , and that's what happened exactly , the price fell all the...

Gol-DTrader

EUR/USD have been in a sort of consolidation from 16th to 29th of past month going up and down between 1.0598 and 1.0494 before breaking under the consolidation zone and falling all the way to 1.0370 . with the price being really bearish currently I can see it easily going down from the current price 1.0451 to 1.0426 ( our first bearish target ) , and if it...

Gol-DTrader

$GBP/CAD have been trading real bearish printing lows since 24th June from 1.5954 all the way down to currently at 1.5678 breaking all the major price levels at 1.5789 and 1.5705 , before settling at at 1.5607 and reversing to test the previous highs ( take a look at the attached chart ) , so with the current price trading under 1.5705 which by the is a strong...

Gol-DTrader

EUR/USD have been very bearish due to the fact of a more strong USD that is stimulated by the FED ( federal reserve) and now is entering a consolidation phase where the market does the ups and downs in a certain range , the range that the price is traded inside is between 1.0598 and 1.0493 , if you look at the attached 4 hour chart of the $EUR/USD you will see the...

Gol-DTrader

EUR/CAD have been really bearish since 24th of June , there was a wyckoff distribution before the fall down to the current price at 1.3523. so the general trend is obviously down and with the bearish market structure still being respected , I'm on the bearish mode with this pair of $EUR/CAD . if we look thoroughly to look for some other bearish confirmations ,...

Gol-DTrader

$CAD/JPY general is trending up , if you zoom out to the 4h frame you can clearly see the price kept on printing new highs since 16th june forming a perfect bullish market structure with higher highs/higher lows . but if if we zoom in to 1h frame you can see a smaller wave creating a bearish market structure and already broke the previous low at 150.59 so we take...