soaringtothestars

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: USDCHF had been making impulsive moves to the upside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: AUDUSD had been making impulsive moves to the upside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: NZDUSD had been making impulsive moves to the upside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: USDCAD had been making impulsive moves to the downside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: GBPUSD had been making impulsive moves to the upside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: USDJPY had been making impulsive moves to the upside but as we see, the daily candles had been getting...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Gold had been on a descending trendline as seen on the dailies and is currently trapped between strong monthly...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Gold breached the 50% fibonacci retrace (1800) after a long bearish run on the D1 chart.She has attempted but...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendaton EURUSD had been testing strong resistance and is now in a final drop. Potential bottom out at 1.2020 then...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Enter short at 1.2680 from 4H chart should the bullish retrace on D1 turn bearish on MACD, ADX and price goes...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Monthly The pair trended upward until January 2021 and began a retracement as hedge funds started closing long positions to...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Monthly The pair trended upward until July 2020 and retraced to monthly support at 1781.223. On Dec 2020 XAU impulsed...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Monthly The pair trended upward since April 2020 and breached the 20 period Monthly EMA to the upside. No monthly resistance...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Monthly The pair trended upward since April 2020 and is now breaking the previously bearish 20 Monthly EMA. Strong monthly...

soaringtothestars

Multi Timeframe Analysis My trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Monthly The pair trended downward since July 2020 and started a retrace up on Jan 2021. The move to the upside faces...

soaringtothestars

Multi Timeframe Analysis Monthly The pair trended downward since Feb 2020 but had been retracing up since Nov 2020. It is close to the 20 period EMA and facing strong monthly resistance Weekly The pair had been on an uptrend since Dec 2020 with the beginnings of a red candle on retrace. The strong M1 resistance poses a challenge to further growth Daily The...

soaringtothestars

Multi Timeframe Analysis Monthly The pair had been trending downwards since Sept 2020 but started a weak bullish retrace beginning Dec 1 Weekly The pair is in a highly compressed ranging zone on the weekly charts leading to indecisive long term view of where the pair will go. Daily The pair had been testing strong daily resistance (shaded box) but hasn’t...

soaringtothestars

Multi Timeframe Analysis Weekly GBPAUD had been trending upwards since Jan 4 on the Weekly chart despite the pair’s overall downtrend since COVID’s July 2020. Expect a return to the bearish master trend in a few weeks. Daily GBPAUD provided strong impulse northward yet is now trapped in very strong weekly resistance seen by the shaded box. It is inconceivable...