opfx_trader

opfx_trader

1590 is looking like a possiblity......

opfx_trader

brain storm.....

opfx_trader

looking at gold on the monthly timeframe, I think that will eventually see a drop back down to the 0.50 fib level(1482.41) before we see a move to the upside around the 0.78 fib level at price 1733.15......The 0.682 fib level was recently reached on the monthly timerame and as we can see the market clealry experienced some resistance. If the current monthly candle...

opfx_trader

Waiting for the current daily candle to close bullish to get a confirmation of a long trade. Looks like the support zone is strong and has managed to keep price above 0.67300 area....

opfx_trader

its a ll clearly plotted out on the chart...........

opfx_trader

brain storming on this pair........

opfx_trader

-GBPJPY has been consolidating between 142.500 and 143.300 and ive been keeping an eye on the 143.500 zone to pick a long trade. CANDLE 1 -once the 143.300 level was broken on the H4 timeframe the first candle closed below 143.300. that was the first signal. CANDLE 2 -Next candle closed above143.300 zone which was a good confirmation of the break out of the...

opfx_trader

brain storming on gold sell idea.....

opfx_trader

all that i need to say is painted on the chart......brain storming......

opfx_trader

After the formation of the double bottom a minor support was formed. The market then pulled back up forming a new minor resistance zone and then maintained the downward trend. The minor support zone created by the double bottom formation was broken and this was confirmed by the H4 candle closing below the support zone. The market then moved to retest the broken...

opfx_trader

brain storming on this pair.....

opfx_trader

brain storming on nzdjpy. good sell set up all the way down to 67.00

opfx_trader

just brain storming......

opfx_trader Updated 

An over view swing trade idea on GBPJPY.....

opfx_trader Updated 

brain storming......

opfx_trader

I do strongly bvelieve that will see Gold push further up to the 1600 levels soon. looking at the current situation, the market seemz to support gold above the support zone indicated on the chart. we have had a strong bull momentum candle cloing above the 0.382 fib level. chances are we might see the market pull back down to the support zone again and push higher....

opfx_trader

looking at price action on this pair, My suggestion would be to wait for the retest and look for buy signals.

02:59

opfx_trader

an update of what i have been trading and still loooking forward to in the next week......