Hello traders. Here in the U.S. we have NFP and unemployment rate this morning coming in a few hours from now. ( 8:30 am (est) or 7:30 UTC-5 i think). Either way I have marked my areas of interest. Currently, in my opinion, if 2336 / 2333 area can hold as support we may correct some of the move down when Pre NY volume comes in, which starts in an hour and a...
Hello traders. Taking a look at the 4 hour chart I have marked my areas of interest for potential scalp buy and sell trades. We have news here in the US tomorrow, so let's see what the overnight sessions bring us. Caught around 170 pips today, just so thankful to Big G. Lower time frame confirmation and other conditions must be met to take a trade. This chart...
Hello traders. We have news today in the US in about 3.5 hours from now. Taking a look at the 30 minute chart, I have marked my areas of interest for potential short or long positions. Possible sells if we push up towards 2341 area, if conditions are met. I am not trying to rush or force a trade before the news. So if I have to wait, I am cool with that. ...
Hello traders. Taking a look at the charts this morning here in the U.S. I have marked my area of interest for potential buy / sell scalp trades. Lower time frame analysis are a must and other conditions must be met before I take any trade. We did wick down, but for me, if support holds/ forms at the 2325 area, then we may see a push up. On the sell side, I...
Hello traders. Just taking a look at a higher time frame, I have marked my area(s) of interest for potential short and long positions. For me, I am looking to get in a Long position if 2323 / 2325 area holds as support. Let's see how it plays out. Shout out to Big G. Trade the trend and be well.
Hello traders and Happy Friday. We have news today here in the US in an hour or so. Saying that, I have marked my area of interest for now. I will be looking for scalp buys if we can hold support at the 23341 area. On the sell scalp side, if 2348 area holds as resistance, we may push down. I am of a bullish mindset but that is speculative and not based on...
Hello traders. We have news in an hour here in the US so I will probably wait to take a trade. I have marked my area of interest for the current 30 min chart. Looking to see if the current 30 min. candle stays above and does not break below the previous one. If we do form support and it holds at the 2333.43 area, then we may see some more upside. I am...
Hello traders. We had a holiday here in the US yesterday and today my internet was down until an hour ago. Saying that, I have shown my area of interest on the 4 hour chart. We have news this week so I am in no hurry to rush a trade. If $2355 can hold as support, we may see a push up. Clean buy from $2363.10 to $2373. These are just a few of the potential...
Hello traders. What a push down yesterday. Taking a look at the 4 hour chart I have marked my no trade zone as well as the areas to confirm on lower time frames for potential scalp buys/ sells. Let's see how the next few hours play out. It is Friday, we have 1 trading week left of the month.... Be well and trade the trend. Shout out to Big G. Very thankful.
Hello traders. What a push down yesterday. I was already done trading when the move down happened. Looking at the 4 hour chart, I have marked my area of interest for potential scalp sells and buys. Let's see how things play out. I am off the charts today, but will update a little later on when I get back. BIg G gets all my thanks. Be well and trade the trend.
Hello traders. Taking a look at the 4 hour, I am watching to see if 2417 can hold as support for gold to break up. Once we get past 2419, we should see a nice push up. This is just speculation and not based on price action. Unless we break and close below 2413 on a 1 hour or 4 hour time frame, I am of bullish mindset for today. Let's see how things play out. ...
Hello traders. After the rejection at 2423 area, I took an impulse sell marked on the chart. So far so good. Once I hit like 50 pips or so I will secure 25% of profit, move SL to my entry point and leave a runner running. Let's see how it plays out. Big G gets all my thanks.
Hello traders. Happy Monday. We are currently in an area of interest for potential scalp buy and sell trade set ups. $2433 area needs to hold as support for gold to move up, if we break and close below, then we can expect a nice scalp sell. On the buy scalp side, if $2433 area holds as support, we can expect a nice push up to retest the 2450 area and possibly...
Hello traders. Bitcoin looks great. The monthly candle after the halving is usually a bullish one and we are on our way to now up. Yes, we could see a wick down to take out leveraged traders at 60k or a bit below, but for me, the $60,300 level is my marker. Slow and steady will win the race. This is going to be epic. Big G gets all my thanks.
Hello traders. Wow, gold still pushed up some more. Taking a look at the 30 min. chart I am looking for potential sells from the 2438 / 2441 area. If I did take a sell, my SL would be at the $2456 area and my take profit would be 2415. This is just speculation, and not trading advice. This trade set up is invalid if we break and close above the 2455 area on a...
Hello traders. I went to update my chart I just posted and deleted it by mistake, my bad. So I moved my SL up as gold pushed up when the market opened. I got out with about 420 pips in total, over 100 pips of that was my runner. I am waiting for tomorrow to post a chart and some trade set ups. Big G gets all my thanks. Be well and trade the trend. 2413 area...
Hello traders. Happy Friday. I am currently in a scalp buy from $2379.23. Watching the 2382.00 area, which we need to stay above for me to be confident in this trade continuing up. Saying that, I have secured profit at 40 pips or so, and as of this writing, I am only 35 pips or so in profit. My Stop Loss is now at my entry point after securing 50% of the...
Helllo traders. Currently on the 4 hour chart, I am watching the $2383 / $2381 area and I am watching the $2390 area. Looking for a break and close above or below these areas to catch a good scalp trade on the retest if we get one. This is just speculation and some trade set ups I am looking at. Always do your own research before taking any trade. I trade...