HeyWhit

HeyWhit

XAU is still collecting momentum but ultimately the bears are about to beat the yellow bar back into the pits and which it came from.. Surely the support at 1803.51 can only be tested so many times before it breaks. Then the next level of major support will be around the 1794.01 give or take a cent.

HeyWhit

XRP Is seeking out those real coins to drive her up to at least 0.80 before the close of the market on Friday however this 4 hour candlestick currently is showing a sign of bullies getting beared up. She dusting herself off and settling around the 0.62395.(support that just became resistance) Low highs and lower lows

HeyWhit

According the weekly chart XAUUSD with the assistance of Bollinger Bands, this pair will continue in a strong downtrend. SELL, SELL, SELL

HeyWhit

This week will be a true eye soar for those of us in love the yellow metal spot market. TA isn’t gonna help us much with this commodity. Just time and patience, hopefully we will be on the right side of the trade once the consolidation period is over.

HeyWhit

Bollinger bands are your friends. Time to go long People! Get in now while the prices are low They will be going up very soon.

HeyWhit

I knew XAU would be short this week however I didn’t expect price to drop hi all the bands Wexford lunch time.. I got in and out early this morning.. bollinger band strategy is a must if your a beginner trading.

HeyWhit

XRP has had a bullish day, I’m hoping the bears wake up soon being that price has hit the top Bollinger Band.. waiting for the retrace, or a stop hunt I will take either one.

HeyWhit

Yesterday gold had my account RED red however when I went to bed I knew today would be a LONG day and literally XAUUSD is SUPER LONG! My last post I questioned which way XAU would go. Once the sessions overlap were over the bulls came and start tearing into the bears raising prices back into the $1900 range. London session came on line and went stupid with the...

HeyWhit

Refer to previous post for analysis. Updated chart only

HeyWhit

The past 48 hours have been a wonder for this precious commodity against the greenback. However, price dropped heavy back into the 1890 and below range during the Asia Session to peak back up to 1908 during London. Now in the list of the overlap between London and New York I wonder what today holds for GOLD. Seems the election results are having a great effect...

HeyWhit

Gold has been in a uptrend since March, however I see the cup is about to tip over. Even though this hard commodity is the go to for many investors I’m predicting the price to fall drastically once everyone see how strong United States will stand against the last leg of the elections and hopefully the more business savvy candidate comes out on top. The USD will...

HeyWhit

XAU/USD is the commodity I will be focused on until after the election and this second act of a virus. I’m not surprised this whole scare tactic is still valid especially with such an important election year. However, being that on multiple timeframes bullish signals are present and the price has stayed with in a bullish flag pattern for the past day or so. I...

HeyWhit

The price will fall from the rejection on the trendline. GO SHORT. The possibility of price dropping into month zone are very high. Price already going down on lower timeframes as confirmation of rejection of trendline

HeyWhit

$147.67: August 3,1998 is where prices for this currency pair is descending from. So it’s safe to say any short positions on a high timeframe will be definitely following the trend. This pair has been downtrending all of someone’s life literally. With new and young traders joining the market every day, the pair continues to drop in prices. I went short with a...

HeyWhit

My teacher advised the beginner class to not trade today since it would be our first non-farming payroll release. However the number didn’t meet expectations but they weren’t too bad. I have been watching the DXY since 9 a.m. and there has been much indecision since the numbers came out. I don’t usually trade DXY but from my observations it appears that there...

HeyWhit

I laid down at 1:30 this morning at the underlined point. When I woke up at 6 the bigger circle had already took place.. many people in class missed and some got a little piece of it. I'm glad I missed it, I seen the drop coming so basically most classmates broke even if they got in during this entire mess of 5 hours.. the waters are settling back down for now....

HeyWhit

So early I published a bullish flag and then the break out to off to the moon. Well I decided to take the retest even I categorize myself as a breakout trader. At first my psychology had the best of me as I thought I my have entered to early and price reversed and went higher at the beginning of the 11am candle. So scared newbie I closed those positions before...

HeyWhit Updated 

I’m only three months in on my day traders journey and I’m learning patterns and candlesticks for my September monthly goal. I marked this chart on Monday and revised today( Trading Rule #5). My question is what should I expect with this Billings pattern that is rising above the 61.8 level on the Fibonacci? I read an article that said that was the area to...