I believe it is good possibility to enter longs from 43.6-43.9 level.
I have opened long position in Gold till 1247-1252 with the no clear future perspective. Good trades to everyone.
I suppose DXY is going to 103.7-103.9 but I have difficulties with forecasting the timeframe. Would it happen tomorrow, in a week or in a month? Will see. Be carefully shorting it now.
I have opened a short position in Oil. My previous attemp to short till 43.6 has cancelled because of contract's end gap. Trying to short once again. A dangerous trade, need a special attention and a good Risk Management.
Seems like ABCD pattern is developing with the 39.5 potential or lower. However I suppose that it needs to be very carefully shorting deep than 40.90-40.40.
I have entered short-term Long in Silver. Awaiting of 16.9-16.99. Hope for a fast reaction.
It could be not so simple trade. Anyway, I believe in furtheer Gold decline now. However, be prepared for possible retest of 1200-1250 level before futher growth. R/R ratio seems not to be so good here but I have some good feelings about this trade. Good luck to everyone. All the best from my side.
I have been thinking about Gold a lot. I was awaiting of 1500+ and 2000+ in a few years. But I am starting to afraid that we need a great patience before Gold would start a rising cycle again.
Look like there is fast and simple trade ahead of us. Just need a special attention cause many here are awaiting of 120+ level. RR analysis a mandatory! If you short as I do be very very carefully. Stop is so big here because I am awaiting of much more decline and don't plan to close short positions if this setup target will be reached.
I had opened shorts in AUDUSD. It has great potential in my opinion because of Gold looks to be falling right now. Not sure that I am going to keep it till the bottom. Need special attention during further fall. NB! Tomorrow is FOMC. This (and all other setups) could be fatalling wrong. Always make your own risk analysis and open position which you are able to...
It is just my analytics. Not a signal and not for trading.
I have closed last tradewith the profit. So it is time to think about Longs. It is high probability to drop more till 1040-1090 however I have learned that is not always right to be greed. I believe that 1080-1090 is an ideal point to enter longs and it is probably is going to happen. However, I have opened longs now. Will see how is developing. Pay attention...
I have opened a fast intraday trade. It looks to be a safe enough: 1.04-1.046
I have entered short at USDCAD pair. Awaiting of good decline but not sure in it as see too much alternative moves. So, not fall in it without your own RR management. It doesn't fit everyone trader, just most risk tolerate ones.
I have prepared for a great decline in this pair. However, seems like it needs to retest highs before. I am going to try last Long attempt. Will see.
I am fully equipped with Gold's Longs but if you are not, I suppose that to enter at 1145+- with TP in area of 1180-1190 would be an excellent trade (1181.11 as 0.236 correction?). However, remember about 1250 TP soon on a larger timeframe.
I suppose third wave has probably started in DXY. Pay attention, I have closed USDJPY longs because it is going to fall dramatically if this setup is true. Good trades to everyone and a Happy New Year. :)