About meWe are a day trading community that uses and teaches a specific day trading system.
We make real traders by giving them education with pre-recorded courses and then turn that knowledge into know-how via daily live sessions (multiple)
XAGUSD and XAUUSD havehed a decent down-turn this week... but some relief on the upside might be due!
Our system says there is a good chance, as long as we break above on the 10m chart and make a higher high on the recent 1H movement.
All of the indications remain bullish for us right now.
- 38.2% rejection
- Possible higher low
Since many of you like our educational videos, here's another one for ya!
In this video we go over 3 excellent yet simple ways you can become a better trader!
1. Focus on price action, after all that's the markets language
2. Control your internal dialogue (mindset is king!)
3. Prepare a watchlist, then a trading plan and trade your...
XAUUSD is giving us excellent signs of bulls controling this market! Lets dissect the 2 charts.
We are making higher lows, we do have a double top there, but I think this will be the base of the structure.
Solid bull indications and clear reason for entry based on our system.
We were short on NASDAQ as per yesterdays idea, which hit SL but a re-entry was made that earned well.
Now seems the time to try out a long positon on US100.
We have the fibs retracement, RSI in heavy red and a nice contraction connecting it all!
Normally we are day traders... but in some cases we do leave trades over night. - This is one of those trades.
USDCAD is showing excellent indications of a reversal.
2m - Contraction
38.2% fib lines up with a support level
We're long on USDJPY because of the clear and strong indicaitons that the bulls might just push up over the next couple of trading sessions!
As you can see in the chart, the 38.2% fib level is holding like a champ!
Lets see how things progress today, but our RR ratio is very solid!
GBPUSD is showing excellent signs of bullishness, at least according to my trading system.
As you will see in the short video, the 1H chart shows very good buying signs because it has found multiple supports at the fibonacci retracement level of 38.2% and has recently broken out of a trendline resistance.
I'm a day trader, so I dont really care where price goes...
Im looking at the 1H and 2m charts for my entry here.
Currently price is supporting the daily pivot and my entry has been triggered because of the support and rejection of the 38.2% fibonacci retracement.
I tried to upload a video about this but it failed, I will give it another go soon and explain in detail why I am long on xauusd