GBP/AUDFor this week, I'm looking at GBP/USD for opportunities to enter sell positions, as I showed on the chart ..
the price has been moving in a trading range ( NOT A CLEAN ONE) for some time now.
We have a resistance zone where the price had been rejected a couple of times .. last week, the price broke the resistance for 10 hours max but came back to our range with a big black candle and also made a pullback to our highlighted zone .. in lower time frames; if the price breaks the 15 min low then there's a good chance were you can follow it to the cluster made by a dynamic trend line and the last low in 4h time frame.
Please Tell me what you think about this. Leave your comment and thoughts.
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EUR/NZDFor today I'm looking at EUE/NZD .. price is moving in a trading range. I'm looking at the price and waiting for a signal to enter sell positions .. breaking RSI dynamic line, or make a candle pattern .. that's what I'm looking for, and following a price to support zone.
Remember, money management and risk management. That's the only way to win in this game.
Ps. Leave your comment and thoughts.
GBP/JPYIt's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail.
May all your position stop with a Take-profit.
PS. Leave your comment and thoughts.
eur/gbpFast intraday search through my watchlist.
You can follow the price with candle confirmation or whatever strategy you have.
None of these are 100 %, complete confident analyses.. this market is all about probability .. so try to work on your risk management and self-control.. all the traders in the world can tell for sure what's going to happen or where the price is going in the next 1 hour.
Ps. Leave your comment and thoughts.
ASXA new day .. new analysis .. right?
Today we look at ASX, which is in the Australian market index.
Price was moving inside his trading range, but recently, there has been a strong candle in the downward movement.
Look how easily the price is coming down but going up takes some time.
Now the price broke the support, but we are in the sold area in RSI .. so the price has to come up and acquire more liquidity and then continue going down. Here is what we can expect.
PS - price choose the second scenario, and now we are waiting for the signal to enter sell positions ..leave your thoughts and comments and let's see your opinion.
XAUUSD- Gold is going to rally up to the upside!Very decent setup happing on gold. There are loads of confluences on the higher time frames which indicate that there is a good long setup for GOLD.
It is very important to do your own analysis and follow your plan to see positive results in your trading. do Loads of backtesting and forward testing in order to improve your overall trading strategy.
Comment down below your ideas.
Let's see how Gold will react this week!
MUST READ:GER 30 CURRENT VIEWPrice Broke The Lower High and And Created a New Higher which signals buying opportunities telling us that the price is currently Bullish from being bearish as I identified the zone indicated and took 50 % of the zone to reduce risk as we wait for price to retrace back to the identified level and take our positions.
Bear In mind that i use smart money concepts that's why my charts may not contain many objects e.g Trendlines,Indicators. etc