Expect continued growth in gold today as dollar continues to weaken after shocking NFP outcome. Simple entry of zone of short term support. have placed buy limits a bit lower than zone to anticipate a stop sweep. nice risk:reward. 300 pip potential
Today we had a very sharp drop to the downside indicating some weakness in gold price, which could be due to a much higher than expected NFP consensus. I have highlighted a very nice zone of resistance which lines up with 50% todays imbalance, where i will look to enter if price reaches our level. Wait for wick rejections and be generous with stoplosses. Check...
Simple Break + Retest with entry at an imbalance on the lower time frames. Also biased towards short term upside for gold as the dollar continues to weaken. I like to be generous with stop losses when trading gold, but can be reduced
Nice rejection of short term resistance, expectecting GN to go lower as commodities get stronger
Price has approached a HTF supply zone, and with a weak dollar, i expect continued growth of commodity pairs like AUD. zoom in on the lower time frames for precise entries
Trendline + support rejection + 71% tap
Will be looking to enter if price reaches our zone. Confluence: Support + 61.8% fib + Trendline
Will look to buy gold if price shows rejection around the highlighted support
Rejection around resistance turned support. Nice rr
Looking to short the euro, however i am anticipating a sweep of the double top formation we had a few weeks ago. Keep your eyes on high impact news today ( Mainly Europe President Speech at 3pm GMT & the Fed Speeches this afternoon). We could be seeing some wild price movements. Will enter around the imbalance zone highlighted. dont be scared to re-enter if price...
Gold looks to continue moving to the upside, but expect price to fall slightly on monday and maybe tuesday. If price does reach our desired zone, ill wait for sign of rejection on the 15 min chart in the form of wicks, and enter using buy limits. Optimal time to trade gold is around new york open ( i mostly place gold trades between 11:00-13:00 UK time). Nice 1:5...
Very nice rejection of resistance, utilise sell limits for better entries
Oil is currently stuck in a range, and is highly likely to breakout to the upside due to demand increases. Be careful of swap/rollover fees
Nice buy opportunity if price shows rejection off support. Testing out new entry method. (50% of 'sponsored candle'). First possible trade of the week!
Here we have a BEAUTIFUL example of a down trending market, making lower highs and lows. Fibonaccis ,Trendlines & Breaks of Structure are excellent tools to use when looking for entries. The trend is your friend!