Hi traders, check out my theory on DAx this Monday... Good luck, FIbz
Alright fellow traders, I have a different approach to my trading. We have a weekly important zone reached and we have the NZD GDP release scheduled later on. What game are we playing? breaking trend-lines or testing the stop loss orders? I don't see a good shorting opportunity yet. So I will be on the other side of the fence watching with some popcorn! Lets...
We have been waiting for USDZAR to come test these zones. Now we are sitting at the first zone, if we get a convincing rejection we will be looking for a buy opportunity around 14.56 or 14.61.
Gold is moving inside a daily channel and is approaching a possible 3rd hit to the bottom trend line . According to our analysis we are waiting for Gold to test price between 1484.17 & 1476.31. This should give us a possible good bull run.