Gold has tested an imp resistance area (turned support - highlighted in the snapshot). 1H has 2 rejections on this support area. If today's close is above this area, I see a long possibility image image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold bounced off from $1253 which happens to be strong support on daily. Today's close above this level should mean this long term support being respected and Gold could go higher from here. The US debt ceiling decision could happen anytime and in ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Fundamentally, if the debt ceiling is raised it would have a -ve impact on USD. Raising the debt ceiling would imply higher national debt for the US, which would depreciate $$ value. Logically and fundamentally, this should see Gold and Silver ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

USD CHF Anyone long on USD/CHF? The weekly had a fakey, I entered long on the restest of today's daily bar. TP just around the FTA image

Mastering the Art of Trading

Does anyone know why Jarroo (Jim) doesn't post anymore? Hope all is fine with him

james16 Chart Thread

How about USD/JPY on 4H? There is a rejection already from the swing point and the current candle too looks like rejecting the HHR.

Mastering the Art of Trading

GBP/CHF Short. PBT the HCR level...

james16 Chart Thread

EU is range bound on 1H. I am looking for an hourly candle to close outside of this limit and will then place a trade.

Beyond the Candles

AUD/USD at a swing high and RN. This could be a SFP setup if the hourly candle closes below the swing high. Shorts however should be careful due to the daily HCR just below.

james16 Chart Thread

Hi Dan, You can find info on signatures at this post by Jim url Cheers Vicky

james16 Chart Thread

Entered a long trade on EUR/JPY. PBT&CA weekly LCS, entered on retest of LCS

james16 Chart Thread

SFP forming on EJ, will keep an eye on today's close

james16 Chart Thread

Trade plan for tonight 1. GBP/USD - Short - HCR @ 1.53560. Previous close at 1.53361. Sell @ 1.53500 on retest 2. AUD/USD - Long - LCS @ 1.03697. Previous close at 1.03819. Buy @ 1.0385 on retest 3. USD/CAD - Short - HCR @ 1.0193. Previous close at ...

james16 Chart Thread

OK. So in normal conditions when the markets are not too much news driven, how do you validate if the trend will continue or it will reverse. Candle close above HHR and retest?

james16 Chart Thread

Hi Jim, Ghous, Pinbar How do you think this should be traded now that the SFP is broken? Would you enter long on such situation on retest of SP (which actually is having now) Thanks Vicky

james16 Chart Thread

Hi Jim, Could you point me to an explaination about hourly signatures? Thanks Vicky

james16 Chart Thread

There were few signals in this case, 30m had a bearish engulfing candle, 1Hr had a double top

''Trading Price II'' by PhAnti - have fun

Hey Jonas, Good to see you back. I too came here after a break. Hope to trade together and make pips I am keeping an eye on this NU setup, will look to short around 8400

''Trading Price II'' by PhAnti - have fun

And how do newbies like me learn Mike's setups?? Could you point to some material Thanks Vicky

james16 Chart Thread

I am in the same trade. The HCR I traded is from 4-Aug. SL is currently open though

james16 Chart Thread