₦airaland Forum

haryodehjia:
I don't think so sir.. Gold may likely sell by Friday once the divergence on 4htf and D.tf has formed.. Watching 1890-1900 for possible reversal

This is also possible. Will join that ride if it drops, but I'll be keeping in mind that there's a bigger picture.

Which is the monthly tf, where it might just be a retracement to the neckline before going up

Fxwarrior:
It will break it most likely.

just learnt something today with this, there's a cup pattern which just broke out on the monthly tf which explains the bullish strength, so that OB on the 4hr tf might just be a minor retracement before it continues with the main trend which is a bullish one.

may the pips be in our favour..

do you have any tips concerning trading gold?

Fxwarrior:
It's a buy now.

true. found the mistake in my previous analysis.

will be waiting at 1879.72 for a reversal or continuation

rhynoemmie:
possible view on Gold for tomorrow

will be waiting for confirmation at the 1hr or the 4hr tf

if there's anything i'm missing, please feel free to correct me

The h and s did not hold..
Will be looking at the ob above it.

Still learning the pair

Fxwarrior:
Forex is getting interesting or should I say gold trading?

True sha tho I'm still learning how to handle the pair

possible view on Gold for tomorrow

will be waiting for confirmation at the 1hr or the 4hr tf

if there's anything i'm missing, please feel free to correct me

possibe views on Gold

with news in mind

gold hitting the blue spot is a trendline from the daily tf, i'm thinking it will drop further to the yellow zone, still keeping in mind that the major trend is a buy, so this might just be a retracement before it continues with the major trend.

the highlighted yellow zone is a possible POI for either a reversal or continuation..

Saw this somewhere, everybody should be on guard next week, saw some mad moves on gold today...

May the pips be in our favor

charly20:
Swing trading sha . Pesin go place trade go class by the time you remember the trade check again, retracement don reset your profits .


It is well

No be say u talk boss..
E Dy pain for body..

As you go highlight area of interest, b4 2hrs class go run finish, price don knack ur aoi run commot for dere

rhynoemmie:
Views on gold

The blue line could be a h and s pattern which has acted as a major zone in the past.

The red line above it couldb be an OB.

Will be waiting for a touch of either those lines and a trend reversal signal before going into the trade

Update

This played out well...
It didn't get to the On, the h and s was just enough for the move down.
Tho I didn't take the trade...

Unto the next one

abham:
W1, D1 and H4 are bearish.
If the OB holds then it’s a buy but from yesterday’s news, China had positive figures and it’s a proxy that drives the Aussies not forgetting that the Aussies futures market are bearish with the above TF.

Thanks for this input..
Too much confluence on a pair has never been a bad idea

Possible views on AU

Will be waiting for a hit of the green zone.

My confirmation will be done on the 4hr tf

But you can still join ride the trend down, just watchout for a good entry zone and always set your stop loss.

rhynoemmie:
Views on AU.

Side A has an Ob which I think it's heading to, and when it does will likely for an M pattern

Slide B, same picture but on the 15m tf. Will wait patiently for the touch and then join the train down...

Got burned on this trade...
Already hit my loss for the week, will use the remaining time to work on my patience...

Na d only tin wey eff me up today..

saintfaculty:
Watching GJ for a sell . What's do you think

I think it has already started, check the m15.

It might come back for a retest but, we never know what the market will do

Views on gold

The blue line could be a h and s pattern which has acted as a major zone in the past.

The red line above it couldb be an OB.

Will be waiting for a touch of either those lines and a trend reversal signal before going into the trade

Views on AU.

Side A has an Ob which I think it's heading to, and when it does will likely for an M pattern

Slide B, same picture but on the 15m tf. Will wait patiently for the touch and then join the train down...

rhynoemmie:
Might get to the h and s zone in myabe a day or two

This worked out well, will be waiting for a break of the trendline before further selling the pair.

jammer777:
Slide A looks like one of the techniques of price and time by Micheal Jenkins. Is it?

I don't know who that is but it might be tho.

To me that's just trendine and counter trendine..

Tunechi5:
aii would wait tho my indicator showing me long

ya mine got closed at be

rhynoemmie:
it has broken the 1.35500 level, officially going short,
sl at 1.35508
tp 1.35355

sl moved to 1.35444

we now running a risk free trade..

if it passes 1.35355, might place an add on or two

*modified

closed at be

200ma strong pass me

Tunechi5:
this gu pair day always wound me re u short or long cause from my end it's showing me long

it has broken the 1.35500 level, officially going short,
sl at 1.35508
tp 1.35355

rhynoemmie:
Slide A
My Views on EU..

Might retest the trendine before going up or retrace to 1.14000 and then go up or just drop from there which will signal a change in trend.

update

EU about to give a clear direction on where it will be headed.. if it breaks the downward trendline then we can expect a move to 1.14000 then we wait for either a reversal or a continuation..

Tunechi5:
this gu pair day always wound me re u short or long cause from my end it's showing me long

if GU retests the 1.35500 psych level, it will be an indication for a long but if it breaks it, we wait for a retest before going short

Slide A
My Views on EU..

Might retest the trendine before going up or retrace to 1.14000 and then go up or just drop from there which will signal a change in trend.

no definite move yet.

Slide B is a pic of GU from yesterday...

It might just repeat what happened on GU yesterday

Either way, we don't fight the market, we let the market tell us what it will do

Elliotwaveforec:
I think the right shoulder has been touched already.

Then we await the dive

Might get to the h and s zone in myabe a day or two, but will be watching the 1.35500 level for a continuation to the upside

rhynoemmie:
so far

Market went as planned, tho it didn't hit the OBs it found resistance at the 1.35000 before diving..

We out for today, tommorow will be better

rhynoemmie:
Possible views on GU

Don't think the 1st OB will hold but will be looking at it closely..

It might even break the triangle to the upside before taking a nose dive.

Whatever happens, we make ourselves available to the market

so far

Possible views on GU

Don't think the 1st OB will hold but will be looking at it closely..

It might even break the triangle to the upside before taking a nose dive.

Whatever happens, we make ourselves available to the market

rhynoemmie:
Update.....
Price eventually left me behind without hitting the zone.

But no wam.
Will be waiting at 1.35500 for either a reversal or continuation

This played out well, tho I wasn't able to take the trade cos I was waiting for a confirmation on a higher tf while neglecting the lower ones..

Well, lesson learnt..
Tomorrow is another day

rhynoemmie:
Happy Sunday

My views on GU..
Will be waiting for a reaction either up to 1.35500 or a drop to the green rectangle which is close to the 1.35000 psychological level..

Will be waiting for a move by open of London session

Update.....
Price eventually left me behind without hitting the zone.

But no wam.
Will be waiting at 1.35500 for either a reversal or continuation

Happy Sunday

My views on GU..
Will be waiting for a reaction either up to 1.35500 or a drop to the green rectangle which is close to the 1.35000 psychological level..

Will be waiting for a move by open of London session