₦airaland Forum

XAUTrader4L:
So gold might be forming another higher low this week(quite annoying now TBH lol) with a spinning top daily close. Monday candle should confirm it though there will be a holiday in the US that day, one side must give up eventually with this series of lower highs and higher lows. Its just interesting how gold keeps getting supported at the previous ATH(green line) so far.

IMAliyu:
Watch this.
https://www.youtube.com/watch?v=tyci0fbMEZc

Pipsbasketings:
I've been on short since market opened last night with the RRR as shown in the pix below.

What do you see that makes you to want to buy this right now?

Gasive:
It's headed for 0.7200.
Thread with caution.

Bornfool:
Pls can you show me your analysis why it is heading to 0.7200

Pipsbasketings:

Yes my people, pipsbasketing all the way - swing trading is still the way.

Just curious, do we by any means have anyone who meets the following:
1. Swing trades, and
2. Trade on D1.

These are the people I will be sharing my view with, reason is: different kinds of traders see differently based on their different methods and timeframes of trades. If you meet the criteria above, I can guarantee that we see the same thing 90% of time. In addition, please note that if you swing trade but on other TFs, sorry I cannot see what you see; alternatively, if you trade on D1 but with other forms of trading like scalping, day trading, position trading, sorry I cannot see what you see.

This is the major reason why when someone comes with a position outlook on the forum, ask the questions:
what do you see? what timeframe are you viewing your outlook? what trading style are you doing? Ask questions! Ask questions!! Ask questions!!! best way to learn or rather improve.

Gasive:
Look carefully at that pic Oga Pipsbasketings shared. You'll see the answer. It's same analysis with mine.

Pipsbasketings:
I've been on short since market opened last night with the RRR as shown in the pix below.

What do you see that makes you to want to buy this right now?

Bornfool:
Thanks bro, you save me from GBPUSd long

Bornfool:
Thanks bro, you save me from GBPUSd long

hidhrhis:
i dont know why u are shorting this bro but this is what im seeing

Pipsbasketings:
AU not GU, we are talking about AU

Pipsbasketings:
I absolutely see what you see, but like I mentioned earlier, remember: supports and resistances get broken a lot of time and that's what makes the market movement. if not market would have been trending in a horizontally zigzag manner only between supports and resistances.

Don't forget, if it goes north, my SL is my guide.

Bornfool:
Yesterday

skylane:
i trade this strategy it's the best

Pipsbasketings:
Oh great,
Ensure you add your outlook as well, highly welcome.

IMAliyu:
Why does the market spread become unusually wide at 10:00pm always?
I have to adjust SL just so it doesn't close my order at this time.

Pipsbasketings:
I took the trades as stated.

xcellinking:
Buying or selling. Please make it clear

Pipsbasketings:
These are the outlooks of the pairs which I will be adding to my currently running basket tonight, 10:05pm
1. NU: If today's price closes below the open of the previous one. Short with SL = 100 pips, TP = 200 pips.
2. NJ, same as above.
3. UCAD: Long: If today's price closes above the close of previous, same RRR
4. GCHF: Short, SL =120, TP = 250
5. EN, Long: SL =130, TP = 300
6. EG: Long, SL = 100, TP = 300

Pipsbasketings:
I took the trades as stated.

skylane:
me too boss

Macabs:
I'm with you on this boss man.

Pipsbasketings:
Hopefully, they go our ways, I check back tomorrow @ 9pm to analyse and enter @ 10pm to add more and/or remove.
Goodnight

hidhrhis:
i dont know why u are shorting this bro but this is what im seeing
if u look at the way the price have being moving it is only making a short term sell which is a retracement and afterward moving uptrend
looking at the price u will realise there is a resistance turned support right there
price attempted to break that zone to move downwards but it was rejected by that zone and closed as a pin bar which was validated by an ultra high volume
my bias signifies bullish but u know everyone is right until the market says otherwise

kumulus:
Possible longs on XAUUSD next week.....might gap up at open, the spinning top did it's job imo...gold sold for two days straight (at at this time price clearly was in a range). Turning to the laggers for indication shows divergence on the RSI (even the Stoch shows same). Also notice there's been an introduction of volume in the market at that very low, I'd say a spike in volume at a fractal low might also be a good indication buyers are coming into the market.

I believe price was engineered last week to create confusion, gold printed what's seem to be a pseudo-high (fakeout) to put PA and MS traders in dilemma lol....

*PA: Price Action
*MS: Market Structure

-Lloyd