Today I made a terrible mistake by not analyzing the chart and trading on my phone. Lost a lot. Reason for sharing this is so that you can understand PROPER ANALYSIS IS ALWAYS NEEDED WHEN TRADING AT ANYTIME. From this mistake I would of acted completely different because the price was following my analysis to the T. Moral of the story don't get to comfortable with...
XAUUSD LONG. I have entered a long position with beautiful RR. Momentum has build up bullish. I expect price to move to my resistance as highlighted. Enter this trade with risk management
AUDJPY has been respecting my support and resistance levels. I expect price to go to my resistance level once momentum picks up and my counter trendline is broken. Using these as confirmation to take the trade for the LONG.
XAUUSD showing signs of bearish momentum, as of right now price has pulled back 50% of previous candle. Awaiting for price to close 50-65% of previous bearish candle then I'll enter a position to 1901.00. I advise if you want to enter this trade to use risk management and do your own analysis for better understanding and bias of the chart. Feel free to follow me...
AUDJPY fell 100+ Pips from my original price. I am looking to add more position into this trade but awaiting momentum, looking to ride this trend till 93.00.
XAUUSD went in my direction as stated in my previous post. price may fall lower to the 1921.00 zone, but be cautious of market manipulation (wicks) (stophunts). I suggest we wait for price to get some momentum then we can execute and orders.
AUDJPY is at a wonderful zone to sell beautiful RR. I sentiment the potential sell of price action exhaustions and using Fibonacci retracement for my potential zone . I already executed this trade you can follow along. DONT RISK WHAT YOU CANT AFFORD TO LOSE.
XAUUSD POTENTIAL SHORT. Waiting for confirmation for price exhaustion at 1555.00-1558.00
showing signs of failure took this trade with wonderful RR.
EURUSD has hit a key level on my technical analysis, currently a couple of pips in profits will be trailing SL. Going for the full drop.
Will be taking this trade down as my only trade tonight. RISKING 2.3% as I profited fairly well lastnight ALOT OF BEARISH MOMENTUM.
Shorted this pair last night ended up coming out with a few pips in profits once I saw the 4HR candle closure Market may push further up. Will be looking at this pair to trade pre NEW YORK.
Last night I shorted USDJPY, some hours past and I realize price has been moving very slow and exited in profit 35+ PIPS then later on during London session the market moved to new highs showing that the reversal was inevitable. Currently not trading this pair but will do later on in the week.
I've been marking this pair for a wonderful SELL OFF. Risking 34 pips for 100+ PIPS. This is a risky trade but maybe worth it.
Tonight am selling EURUSD wonderful confirmations and it aligns with my strategy. IF you enter this trade i suggest that you use proper RISK MANAGEMENT.
earlier this week I analyzed Gold and expected a bullish pullback then a fall to 1921. Market trend shift and the bulls became in-charge ending at 2000. Next week I expect major moves from this pair and will be trading it more frequently. Risk Management is KEY with this pair.