ShreeKSurya

ShreeKSurya

This is a simple price action strategy to trade XAU/USD, which you can apply on other forex pairs too. 1) Draw a horizontal line mark out previous day highs and lows 2) Look for gaps, order blocks and draw a box to mark out demand, supply zones 3) Wait for retracement off these key zones to take a trade in either direction. Best is to confirm the bias of the...

ShreeKSurya

Here's an intraday trading set up using support and resistance and multiple timeframe analysis. Lets keep it simple. Look for price to retrace at key levels to buy a call or put option. R:R 1:3

ShreeKSurya

MACD and Stochastic Settings are tweaked to 21 Day Periods representing 21 days in a trading month. Enter Buy when MACD signals green under the histogram and Stochastic is rising after being in oversold zone below 20 and Candles are bullish Enter Sell when MACD signals red above histogram and Stochastic is descending after being on over bought zone below 80 and...

ShreeKSurya

The ATR and ADX is positioned for a strong big move, on the upside, price may retrace slightly but continue on course to levels near 0.8105, where it faces previous resistance. AUD has been gaining strength the last few weeks, with the US interests rates cut.

ShreeKSurya

SEE RENKO CHART FOR FURTHER DETAILS CURRENT TREND LOOKS TO THE UPSIDE FOR SHORT TERM LOOK FOR VOLUME ANALYSIS TO CONFIRM