AdamWiIson

AdamWiIson

Stops have been taken and we've started to retrace a bit, broke back through a previous key level highlighted in grey and I will look to short if price action is nice at a retrace (if we get one)

AdamWiIson

3 big confluences for me here to have said long at the arrow. I missed my entry but I am watching closely for an entry here. 1) Breaker respected heavily, price just wicked off it to the pip. 2) .50 fib level aligns with this level, I usually enter at this level and so this line-up is lovely. 3) Thursdays stops raided with nice price action coming off this 10 pip...

AdamWiIson

Similar to other analysis, 2 grey boxes are 10/20 pip incriments and price has hit the 10 box incriment to take Thursdays stops, price action was lovely around this area and so a short there was optimal entry, still not too late to get in now however but be mindful of your lot size, I think we are going for Thursdays lows now. Let's see.

AdamWiIson

Currently in a gold short, if stopped will look to re-enter slightly above.

AdamWiIson

All explanation is within the analysis. Credit to innercircletrader for a video I recently watched which stemmed my thought process on this potential set-up.

AdamWiIson

2 scenarios I see highlighted by the blue arrows. I think the last few hours has confirmed for some bullishness. DXY has broken support too and has a void to fill which aligns nicely with XAUUSD as they both move inversely. I will be TPing around 1350, I'll leave some running though as I feel bullish long term on gold.

AdamWiIson

Missed my entry on this, wanted to long on the retest of the breaker highlighted in grey and hold for Fridays highs.

AdamWiIson

Thursdays stops were raided on Friday prior to a move up, this coincided with a bearish order block that has been acting as clear support for a while now (highlighted in grey area), entry isn't the best as I missed this move however I think this has confirmed the short term bottom of UJ and we will be reaching for those Tuesday/Friday highs left untouched next week

AdamWiIson

A strategy I have been learning recently that I spotted this week, marking out the range prior to Fridays trading, the two boxes above these highs are 10 pip and 20 pip increments where price will go to in order to stop raid those highs prior to the move down back into the range. I missed this entry but I thought I'd share this style of trade and fingers crossed a...

AdamWiIson

My perspective of the last few days on gold -0.50% ... I've actually caught the top on gold -0.50% twice this week because that grey highlighted area has ben respected so heavily. We've saw a stop raid just before todays close and price looks to have settled above the supply and demand area highlighted in blue., I'm looking to long on Monday if price action...

AdamWiIson Updated 

Waiting for a 4H candle close here. Really simple analysis, stop raid through the channel but a close within this descending range that has been ensuing for a couple of of days now. Looking to enter on a retest of the channel resistance before a short down to support.

AdamWiIson

Breaker is being respected nicely, going to look for a potential stop raid just above at the 0.168 level. Stop next fib up with TP 0.236 to ensure a nice 2R trade.

AdamWiIson Updated 

4H supply and demand area been heavily respected lately. (top grey area). If we see a clean break of this current bearish breaker that has recently provides key support and resistance (second grey box highlights this) then potential downside movement to fill the thin bullish move recently made by USDCAD?

AdamWiIson

I think we may see some bearish movement again on DAX, lots of confluence for me here. 1. 0.618 fib level approaching, this is where I always enter my longs/shorts. 2. Stops taken from the previous fib level which was heavily respected. 3. Descending channel resistance lines up with the 0.618 fib. 4. Bullish supply and Demand area also lines up with this...

AdamWiIson Updated 

Right shoulder may be forming today/tomorrow on this pair, if tomorrow I see a close below the orange line/left shoulder resistance I will be entering this short, with my stop just above the 'head', 2 targets for this 1, I will be profit taking mainly around target 1, with a small size left too run in case the void is further filled underneath the bearish breaker...

AdamWiIson

We are currently in a descending channel with GBPJPY on the 4H chart. I am looking to enter on a pull back at 0.618, this also coincides with a supply and demand area that has been respected on numerous occasions (smaller light blue box). if price action suits I'll be entering shorts at this zone again, Stop is at the 0.79 fib which is handily outside the strong...

AdamWiIson

We are currently in a descending channel with GBPJPY on the 4H chart. I am looking to enter on a pull back at 0.618, this also coincides with a supply and demand area that has been respected on numerous occasions (smaller light blue box). if price action suits I'll be entering shorts at this zone again, Stop is at the 0.79 fib which is handily outside the strong...

AdamWiIson

We've seen an ascending bullish channel broke heavily which has saw bearish movement within cable on the 4H, I am anticipating a retracement back into the 0.618 level where I like to do my buying/selling. The bearish breaker highlighted with the grey rectangle has acted as a key resistance and now support and so this is very good confluence for my potential...