justin217

justin217 Updated 

Its bumping yearly low, rejected twice. Also on H4/D/W sellers can be seen exiting positions (volume profile) even though price is still falling (good sign of exhaustion). R:R is good, at least 3:1, or more. This is a swing to position trade. LONG TERM BUY! Go in small and look to collect major pips. I set stop 70 pips away from entry, which gives a small...

justin217 Updated 

H4 bullish butterfly, H1 bullish gartley, structure low formed, major demand zones @ 1254.5 & 1249.2. 3 touches and rejected. aggressive entry at 1253.7, conservative @ or above 1260.0 (after break and retest of TL). Target is around low of structure high @ 1302.39. This is a medium term swing setup.

justin217

Get ready for UJ to fall out of the sky NFP style! Price will probably consolidate for the next two sessions and then fall for NFP. Get your orders ready folks! Wicks high, H4 hard supply, slight div H1/H4, Bearish Cypher on H4. DXY is looking bearish at NFP as well as additional confirmation! Check out my DXY analysis for more on that!

justin217

Double Tops, Strong Supply, Wicks high on H4 - this is going to fake high and then fall or fall straight away tomorrow NFP for those wanting to trade NFP. XXX/USD is long and USD/XXX is short. Check out your charts guys and look for clean entries tomorrow before NFP. Good luck!

justin217 Updated 

Guys, my bias is a sell this week. I currently see no entry to the market whereas price action right now is in the middle of a descending channel. Dollar is going to gain momentum this week and a gold selloff is coming! I think NFP will either trigger the sell off or give it a good push that's already started. Therefore with that said, I am looking for a...

justin217 Updated 

Tapped Supply Zone twice on lower TF, one hard reversal on H4. Held back by R2 as resistance. H1 ADX heading bearish. Broke and tested H4 TL. 2.5:1 RR. Target 38.2 fib

justin217 Updated 

Opened up a sell position. Broke and is holding H4 TL. TP target is 38.2 fib.

justin217

Right now I am waiting to see if certain key areas are retested or broken to determine direction. Overall my bias for the week will be a sell however. I anticipate a D1 Channel bounce back into a good sell to at least 38.2 PRZ. If it breaks beyond the D1 channel high, I will ONLY be looking for ways to enter a buy. It's a patience waiting game for now. :)

justin217

D1 Channel High Rejection Next Week for a good short. Have to wait and see. I dont trade Fridays. :) Have a great weekend everyone.

justin217 Updated 

Gold Long after H4 TL Bounce, buy limit is set, if triggered over night, due to FOMC on Wednesday, may go flat early to avoid a crash in profits. Or protect profits. If this doesnt trigger, I will be looking to make a post FOMC move.

justin217

Gold could go long or go short on the H1 chart from the H4 analysis I have done. We are waiting for it to break either TL and RETEST for entry! If no retest, no entry! Its starting to form a tight wedge so a breakout is going to happen at some point. I have no current bias whereas the demand zone holding it up is very weak due to the 3 hits. Lets just watch...

justin217

Weak Dollar Index going into NFP showing perhaps some good USD currencies sells on all majors for 100+ pip runs each! I forecast a Index pull back to fake out traders in the opposite direction then a total sell off after that. Showing strong H1 divergence as well....hold on to your hats folks! This is NOT a signal but an educational nugget. Trade and manage...

justin217

I just entered long, will hold to at least 135.229, SL at bottom of structure low.

justin217

I am still looking for a pullback to the areas of either A or B (B is better probability of hard reversal and no DD) but either are good trades in my analysis. A will be a retest of H4 support and if it bounces off, take long. B will be a retest of a demand zone area that has never been touched. If it kisses it, buy long here. If it goes to B low, I dont think...

justin217

I see this pair going straight long to at least 135.749 (Daily Resistance) or going short to 132.497 before kissing that for a long position to same target of 135.749. What do you all think?