Fibonacci
XAUUSD ATH!?This an update the previous video i posted, i said we would see Gold hit new all time highs. We are currently seeing that right now. As precautionary measure always remember the market tends to do what we do not expect. I wouldn't be surprised if Gold is to hit 2600 in the next year/months.
How to Use Fibonacci Retracements with Supply and Demand on SPYI go through an A+ setup that made me some money today on SPY. I love this strategy because it is simple and easy to learn you can also manage your risk well. Let me know how your trading day went in the comments and let me know if you have any questions.
COULD GOLD SELL?FOREXCOM:XAUUSD
What's going on? Through the strong move on Gold to create higher highs we have a few bearish sign. We have bearish divergence being formed showing possible signs of fatigue in the market. On the 4 hr time frame we have a potential double top being formed showing us the early stages of a reversal.
On the other hand, if Gold manages to create a structural level of support above the highs the we're recently broken, we'll see new highs being formed on Gold.
What do you see? Which side will you choose?
August 18th Weekly Watchlist LevelsI go over my weekly levels. Overall I think we have a lot of potential this week to keep moving up before elections. We also have a lot of possible gap fills on QQQ and SPY. Thanks for watching my videos and learning with me if you are new to watching my videos. I appreciate all of the love I got from my last video. Leave a comment with how long you have been trading for in the comments if you are new to my profile :) Lets make some good money this week everyone!!!
Weekly Top Down ANALYSIS, can we SHORT from DAILY SUPPLY...?NYMEX:CL1!
“Those times when you get up early and you work hard; those times when you stay up late and you work hard; those times when you don’t feel like working, you’re too tired, you don’t want to push yourself, but you do it anyway; that is actually the dream. That’s the dream. It’s not the destination, it’s the journey.” -Kobe Bryant #24/8
I have a neutral outlook this week on OIL due to the PA on the Weekly on TF... As you can see on the Weekly TF price just rejected the Weekly SWING EQ LEVEL ($74.35) Per Barrel. However when we drop down to the Daily TF, we have now officially entered the DAILY Supply Zone ($76.25) as buyers pushed price up to mitigate the the DAILY SWING EQ LEVEL ($77.00) Per Barrel based off the structure of PA.... NOW, ***THE MILLION DOLLA QUESTION is, Will Daily Supply / Daily EQ Level ($77.00) Per Barrel. HOLD Nd sellers push for lower prices?
1) On the 15m TF if we can get this current 30m Demand to Fail and we get a 15m CHoCh with sellers pushing price down past ($76.48) Per Barrel with confirmed candle closures underneath on the 30m TF N below then I'll be compelled to ENTER SHORT!!!
***Remember this 15M PA is happening all inside of the HTF Daily Supply Zone/ 4Hr Supply Zone which means SELLERS are developing the stronger hand and starting to enter the market!!!
***Also we have a iR/LQ Trendline on the 30m TF that I believe is going to be swept to the downside with heavy momentum by sellers and this is essentially the move I am looking to capitalize on...
2) I'll keep close update as PA develops and we have more data to work with.
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently. Let's Keep Steppn!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
Can the HOUSE CAPITALIZE SHORT from DAILY SWING EQ Level...?COMEX:GC1!
“Without education, you’re not going anywhere in this world.” -MalcomX
Beautiful PA on the Daily & 4Hr TF on GC... I'll wait patiently for the break underneath 50% EQ on the 1Hr TF n Below. Then I'll drop down to the LTF 15-5m TF and look to enter SHORT and target the bottom side of the 4HR Demand zone... Lets stay focused!!
1) I'll keep close update as PA develops and we have more data to work with.
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently. Let's Keep Steppn!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions