I'm selling Gold 1770 SL 1775 TP 1755 BE at 1765 break.

I like to tell stories but stories in advance because I've lost a whole lot of Benjamins in the past to those who were professionals in showing past results and giving report card of price action that has already occurred. That's a major feature of scammers. Or they give plenty rubbish grammar or complicated calculation processes.
Come, our forefathers traded forex with pen and paper oh.
Did Gold take a pause at 1773? [then why do people keep saying bad about top/bottom pickers? ] Did she give a 3rd retest of that 15M TL before she reversed? Has price reversed from the top of the pitchfork that we bought since 1720?
Gold usually takes a rest of 100/200 pips after she has made a 500pips move like this from the 1720[these are things you learn in $1000 courses and they work, not those N50k kings that are only focused on the next isi ewu joint ]

If you can just read through the process I outlined step by step on how to get here, you'd see that even Gold can be tamed once you can add a bit of sentimental analysis. And sorry, if you expect I leave my only job - trading, to mentor you for free or whatever amount I could very well get from executing a few trades, then you're being highly unrealistic. I've already written/charted out like 75% of how I trade on the pages of this season and it would benefit one to put in that little effort.

But I am not a pro, I could very well be wrong on this call I just made, I only just try to put the odds in my favour.
Approaching trading knowing you don’t know is very powerful. But approaching trading thinking you know is dangerous.

saxy4c:
Buyers should begin to take small rest [/b]now as they have successfully taken out the psychological level of 1760 and the usual $5 SL that institutional traders use as risk for Gold. It's much more clearer to buy as Gold is clearly strong, but I'm tempted to start looking for sells.
Price is going to touch [sorry has high probability to touch ] the next line of the pitchfork at [b]1773/77 and that's the exact high she made on the 9th September 2012. Surprisingly, some long term traders still have the buy stops they placed at the high of that day and have been praying since 8years for Gold to give them break even at least
My plan is to sell Gold 177X for a retrace to 175X level, then buy again for 1800 targets. May the forces of the universe align favorably in our direction.

saxy4c:
Plan your trade and trade that plan. See as she just gave us a high of 1769.X just less than 5pips from the 177X we are waiting for and gave a whole 70pips? Tah!!! it's to make sellers start to chase price down from nowhere and by the time you set BE, she would reverse up and scatter balance your trade again . A sweet Gold retrace entry would be just at the 3rd touch of that 15M TL. Good luck.

Nice setup for CHFJPY.

NZDJPY

Gbpusd

saxy4c:
I'm selling Gold 1770 SL 1775 TP 1755 BE at 1765 break.

But I am not a pro, I could very well be wrong on this call I just made, I only just try to put the odds in my favour.
Approaching trading knowing you don’t know is very powerful. But approaching trading thinking you know is dangerous.

You talk too much

KingPipmarshall:


Inside bar candle on 4hr. Still holding. Let's see how the daily candle will close.

Trade Lost.

40pips up, secure trades.

saxy4c:
EURUSD SELLING 1330 SL 1355 TP 1000

KingPipmarshall:


Inside bar candle on 4hr. Still holding. Let's see how the daily candle will close.

Trade Lost. Should take another selling trade if there is price action at the fibs level.

Neroiam:
NZDJPY

+22pips running

Modified: now +40pips

USDJPY retesting 50. Safe sell

That was a sniper entry already too exposed on JPY, I for join.

Anyone interested in GBPCHF Buy?

Neroiam:

+22pips running

saxy4c:
That was a sniper entry already too exposed on JPY, I for join.

Anyone interested in GBPCHF Buy?

I'm not sure you wanna by against CHF rn tho ...that's rising wedge you got on GBPCHF, H4

Make ur SL jus dey under 61.8 FE to be safe.
If it breaks it, then na hellfire that tin dey dig so oo

As price failed to break that retest high, market looks better headed to the 2300s. You sell stop at 2470 and let's wait for a fall.

saxy4c:
Selling CADJPY 79.20 TP 78.00 SL 79.70
Selling GBPUSD 2555 SL 2595 TP 2505
GBPCAD selling 7009 SL 7059 TP 6909

I don't see CHF, USD, JPY, CAD and GOLD all being strong at same time. So which is the risk on risk off again na?
I'm betting on USD AND JPY strength then CAD and CHF weaker. There is also a channel I see on your chart, buyers should bounce in around 1.0790

Neroiam:


I'm not sure you wanna by against CHF rn tho ...that's rising wedge you got on GBPCHF, H4

Make ur SL jus dey under 61.8 FE to be safe.
If it breaks it, then na hellfire that tin dey dig so oo

saxy4c:
I don't see CHF, USD, JPY, CAD and GOLD all being strong at same time. So which is the risk on risk off again na?
I'm betting on USD AND JPY strength then CAD and CHF weaker. There is also a channel I see on your chart, buyers should bounce in around 1.0790

Ehn.. chf sabi mumu

TheYoda:
Gbpusd

The GU is in serious battle, no free ride at all there, at least for now.

saxy4c:
That was a sniper entry already too exposed on JPY, I for join.

Anyone interested in GBPCHF Buy?

At the bold, what's it all about?

GN 4hr chart is looking interesting and setting up for some good trade for tomorrow, most likely, unless the bullish over run it.
I'm looking for a bearish 4hr bold candle, to signify sellers coming in.

My take is today will close bullish, and tomorrow will set up for sell, first don't be hero, wait for the 4hr candle to signify sellers coming in.

For comparison, similar set up happened on GU just today. GN is just running a day late.


For GU, price at critical point, rejection forming on trend line on 1h/4h , need to see seller or buyer over power the other to decide what direction.

GU chart.

Mentioned some pairs and where to look for bounce on weekly chart.

I like wick bounce, targeting price to bounce off at the wick of previous candle (wick on weekly and monthly candle is good to look for bounce on ) " when you see it, you just don't jump in, you let the market give you some kind of confirmation "

PinBar ,
Strong Bearish Candle
Bearish outside bar
Bullish outside bar
Double top
Double bottom


Already gave idea here how to drill down from HTF to pick entry on LTF, with lower risk, tight SL with bigger reward.

I meant like very good catch on the entry, right on target, low drawdown as in the entry too bad

dasanchez1:
At the bold, what's it all about?

Hit BE after hitting 1765 as planned.
Selling GOLD again 1779 SL 1782 tp open.
Like the first trade, move to BE after 50pips.
She should begin to drop significantly from these 1777/79 levels. Buyers need to start taking profits and the greedy ones are about to be had

saxy4c:
I'm selling Gold 1770 SL 1775 TP 1755 BE at 1765 break.

Posted where to expect a bounce from on this pair during the weekend.

1) you see the bounce ,
2) wait for confirmation
3) entry


4) entry 3 max to get it right

5) when you see the confirmation, you don't jump in, you still drill it down ,
as you need your SL in the range on 7-20pips max, to allow for good reward.

Did I hear you say , but how can I drill down after confirmation 4h candle, well a lazy way is find entry at the 23-50% retracement on the confirmation candle ;

Gbpchf trade up 35pips

saxy4c:
That was a sniper entry already too exposed on JPY, I for join.

Anyone interested in GBPCHF Buy?

Usdcad Trade up 60pips if breaks 3590 easily, we are heading for 3660.

saxy4c:
Buying USDCAD 3517 SL 3485 TP 3590

saxy4c:
I meant like very good catch on the entry, right on target, low drawdown as in the entry too bad

Thank you..

TP @ 69.600
SL @ 68.390

TheYoda:
Posted where to expect a bounce from on this pair during the weekend.

1) you see the bounce ,
2) wait for confirmation
3) entry


4) entry 3 max to get it right

5) when you see the confirmation, you don't jump in, you still drill it down ,
as you need your SL in the range on 7-20pips max, to allow for good reward.

Did I hear you say , but how can I drill down after confirmation 4h candle, well a lazy way is find entry at the 23-50% retracement on the confirmation candle ;

I have a question let say I saw a confirmation candle on daily and I want to enter on 4hour with fibs let say price retrace to 23.0 for entry what is the idea place to set your stoploss?

Gold is doing wonders

Second entry up 70pips.

saxy4c:
USDJPY BUYING 106.10 SL 105.90 TP 108.50