I may be looking for buys above 2009 in order to drive up to the next major level of resistance. However if gold can break and retest the level of 2009 as the new level of support then we can look for the break and retest entry style to buy the support.
In this trade idea I am going to be speaking about GJ continuing up to retest the incredibly strong resistance up at 157.700. What I am have a look at. 1. Gj has had a pull back and is no trending up wards. 2. London open volume 10:30 gmt2 3 Resistance turn in to demand at 156.200 4. The four hour high has been broken.
Gold has been wild this week with moves down that should plunge gold straight in to a bear market but then it bounces straight off to retest the high not even 24 hours later and what I am see ahead of NFP is that gold could have more upside potential before move again to the down side ahead of very strong numbers expected for the Non Farm Payrolls at 450k. So...
what I am having a look at on gold is that we have broken below the key support I had my eye on at 1783 and what this shows me is that we have broken below the bullish structure and what I would like to see from here is a pull back to fill some of the imbalance to then create some downwards momentum and and show weakness in gold. Once we start pushing to the...
What we have seen from gold is that we have been up trending from the flash trade that happened and we have come up to retest the level of resistance at 1833 after we came down first to retest the daily support created at 1807 then we had that strong the impulse to that strong supply zone. My analysis is very clearly labeled on the chart and I would like to wait...
In this trading idea I will be looking for a pull back the old level of resistance before I take the buys to retest the zone before the flash crash. Reasons for the buys. 1. What we have seen is there is a large demand on gold because we are currently up trending from the flash crash. 2. Gold has broken the level of resistance that was created late last week at...
In this trade idea what I am having a look at is Gbpusd sells for the following reasons. 1. Gbpusd is currently down trending which is creating good ideas for the sells. 2. A support was formed and broken below pulling back and testing it as the new resistance before continuing to the down side. 3. Gbpusd has created such a strong supply zone and has not managed...
In this trade idea I am having a look at a possible short trade on the currency pair Pound Yen for the following reasons. 1. we can see that a triple top has been formed and seems like has tried and failed to break the key resistance. 2. GJ then came down broke a support and retested it as the new level of resistance. 3. Has come down to a very strong level of...
In this idea I am going to be looking in to the idea of taking a gold short trade for the following reasons. 1. Gold has made up the lost value of the flash crash and is now testing the old level of support as the new level of resistance. 2. We have now them broken broken the up trend and have been stuck in consolidation. 3. Failing to break above the key...
I have laid out what I am looking for to take sells on the Cable. We are seeing it coming down to retest the support and id like for Gbpusd to start breaking below the support and we can look to trade the continuation to the down side.
In this trade idea what I will be looking for is I will be looking for gold shorts. What we saw last week was a very strong bullish rally to the upside and what I am anticipating is for gold to respect the resistance created to @1832. Now that that we have seen a dump off to the down side I would like to see gold pull back to the old level of resistance as a...
Gbpjpy has been moving to the upside and what I would like to see is for price to continue to the upside once the level of resistance can be broken then we can look in to taking new buys
Gbpusd has been moving trending to the down side and what we are currently seeing is that price has broken a crucial level of support and now may be tested as a strong level of resistance and I would like to price to continue do the down side once key support is broken and we start creating Lower Lows and Lower Highs.
In this trade idea I am going to be speaking about the Gold buys. What we can see is that gold has respected a level of support and is showing signs it may be moving to the upside. I also would like gold to started creating bullish price action in the form of Higher highs and higher lows it is also need to break above 1830 in order to show it has broken a massive...
in this trading idea I am going to be looking for gold short if we can come back up create a resistance at 1810 and once it starts breaking the low I will start lookin in to trade it down to the next level of support.
In this trade idea what I am having a look at is for gbpusd to come down create a support then come up to break the resistance and allow the London and New York session to break the resistance.
In this trade I am going to be looking for buys above the hourly resistance at 1812 and then I would love to take the long trade to run up and fill the four hour wick at 1825. The biggest issue we could face is that the current resistance found at 1812 for the past few days and then the next resistance will be 1817.
In this trade idea we can see that Gbpusd has come up tp the previous level of resistance and rejected it so what i would like to see is for it to pull back create a level for resistance before we start pulling to the up side then we can pull back to retest the old level of resistance as the new level as support and then start looking for the longs on Gbpusd.