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Daily Trading Ideas

  • #61,001
  • Jul 2, 2020 5:21am Jul 2, 2020 5:21am
Quoting ghussain
{quote} SALAM Sir On gold your are with bull or bear 1800 is possible target or only my dream. Sl moved to 30 pips {image}
if bad nfp later price might test there..
if good so down we go first..
honestly price need play down first mate before fresh bull in play..i might be wrong too..
just for a cup of coffee...
  • #61,002
  • Jul 2, 2020 5:34am Jul 2, 2020 5:34am
Quoting ghussain
{quote} SALAM Sir On gold your are with bull or bear 1800 is possible target or only my dream. Sl moved to 30 pips {image}
Why not close half of the trade and let the rest go wherever it wants to? Just an advice.
  • #61,003
  • Jul 2, 2020 5:37am Jul 2, 2020 5:37am
If current H1 candle closes as valid setup I will test for short with stop at 2550. Cable.
  • #61,004
  • Jul 2, 2020 6:10am Jul 2, 2020 6:10am
Hey guys, I’m back with some more ideas for the next trading session

EURUSD – The price is close to an important resistance level at 1.13, I expect either a false breakout, pullback and fractal, in which case you can short with a target at 1.1240, or an impulsive breakout of the level, also followed by a pullback and fractal on the other side, in which case you can long with a target at 1.1350.
Attached Image (click to enlarge)
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GBPUSD – Absolute same idea, the price is near a resistance at 1.25, either an impulsive breakout, and a long with a target at 1.266, or a false breakout pattern, in which case short with a target at 1.244.
Attached Image (click to enlarge)
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NZDUSD – the price is inside a level at the moment, this could also go either way. Look for a breakout pattern or false breakout pattern, and enter accordingly with a short target at 0.64 and a long target at 0.6565
Attached Image (click to enlarge)
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XAU – the price is in a range right now, so we wait for an impulsive breakout, and then enter in the same direction, long target at 1790, short target at 1740.
Attached Image (click to enlarge)
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Oil – the price just broke out of a level at 40, if it manages to hold above, long with a target at 41.50.
Attached Image (click to enlarge)
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ADBE – it’s looking strong right now, like most of the stock market, very bullish. The price just broke out of a resistance 437, and is trying to hold above, you can long is it manages a few more candles with a target at 448.
Attached Image (click to enlarge)
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AMD – The price got a bounce for a support level at 49, right now its inside a resistance around 52 if it manages to hold above, long with a target at 55.
Attached Image (click to enlarge)
Click to Enlarge Name: amd.png Size: 127 KB


That’s it for today, I hope you found this useful. Have a good one.
  • #61,005
  • Jul 2, 2020 6:25am Jul 2, 2020 6:25am
Quoting ghussain
{quote} SALAM Sir On gold your are with bull or bear 1800 is possible target or only my dream. Sl moved to 30 pips {image}
Buddy
you can click your order close
and choose -0.1 or -0.01 to modify your lot size and press close ,it can close partial instead of close all,
if you only one order and you want to close partial for collect,
this is what i do nowsday when i only open one order,
if open 2 order , i just cash one order,
if 1 order , i probably edit close,
if only 0.01 can’t modify, more than 0.01 can modify close
PA Return This Week: -3.3%
  • #61,006
  • Jul 2, 2020 6:34am Jul 2, 2020 6:34am
Leong, I’m thinking of maybe shorting Gold around 74-75. If it holds, all good. If it doesnt, maybe a retest of the top like Akim said. What do you think?
  • #61,007
  • Jul 2, 2020 6:42am Jul 2, 2020 6:42am
My bears lost the fight yesterday, but the inverted H&S was a conclusive sign of that to be happening.
Let's watch what is going to happen today.
Risk Management is of utmost importance!
  • #61,008
  • Jul 2, 2020 6:45am Jul 2, 2020 6:45am
Quoting Maverick10
Leong, I’m thinking of maybe shorting Gold around 74-75. If it holds, all good. If it doesnt, maybe a retest of the top like Akim said. What do you think?
I actually weak at gold,
but from past experience, gold always huge drop to make new support after new high,
I not sure about it for shorting this lvl,
we still need careful 64-68 this lvl for bounce, gold bear need below it if not wrong,
risky ply at nfp for current price ,
but i looking for bad nfp for my long GU
bad nfp mean gold up ,
sry buddy i still sideline for gold, n focus gu , and early i enter at UJ short with 15m set up , i still holding it and stop in ply
and one more thing, i consider S/R break as candle Body close above/below, if only wick that mean no break/false break for me
PA Return This Week: -3.3%
  • #61,009
  • Jul 2, 2020 7:06am Jul 2, 2020 7:06am
shaking early NY open at gold..
watching..
️
just for a cup of coffee...
  • #61,010
  • Jul 2, 2020 7:12am Jul 2, 2020 7:12am
Gu likely 2500 hold for now..
later don't know..
no bear setup yet before nfp,but always be alerts..
ha ha..
just for a cup of coffee...
  • #61,011
  • Jul 2, 2020 7:12am Jul 2, 2020 7:12am
Quoting akim0895
shaking early NY open at gold.. watching.. ️
planning to short?
  • #61,012
  • Jul 2, 2020 7:14am Jul 2, 2020 7:14am
Quoting Junnn
{quote} planning to short?
not in the mind yet..
but there have several bear setup from different tF..
just for a cup of coffee...
  • #61,013
  • Jul 2, 2020 7:17am Jul 2, 2020 7:17am
Quoting LeongPuiy
{quote} I actually weak at gold, but from past experience, gold always huge drop to make new support after new high, I not sure about it for shorting this lvl, we still need careful 64-68 this lvl for bounce, gold bear need below it if not wrong, risky ply at nfp for current price , but i looking for bad nfp for my long GU bad nfp mean gold up , sry buddy i still sideline for gold, n focus gu , and early i enter at UJ short with 15m set up , i still holding it and stop in ply and one more thing, i consider S/R break as candle Body close above/below,...
but short setup there mate, i miss it not watching gold but worth a try for some stop and let market decide
  • #61,014
  • Jul 2, 2020 7:20am Jul 2, 2020 7:20am
Quoting akim0895
Gu likely 2500 hold for now.. later don't know.. no bear setup yet before nfp,but always be alerts.. ha ha..
i'm short already since last h4 close. close one at. 2500 in case price want to fly
  • #61,015
  • Jul 2, 2020 7:21am Jul 2, 2020 7:21am
Quoting EinsWaltz
{quote} what gap? can u show me
before i forget again..
1741-45 there..
ha ha..
Attached Image (click to enlarge)
Click to Enlarge Name: 3853B788-A54D-4D4A-9AB5-94737289A9D2.png Size: 380 KB
just for a cup of coffee...
  • #61,016
  • Jul 2, 2020 7:29am Jul 2, 2020 7:29am
current m15 Gu close this n drop..
just for a cup of coffee...
  • #61,017
  • Jul 2, 2020 7:33am Jul 2, 2020 7:33am
Attached Image (click to enlarge)
Click to Enlarge Name: image_2020-07-02_09-08-08.png Size: 74 KB



Hi everyone. My analysis done for my main timeframe m5. I start from higher timeframes D1, H1 and move down to lowest m5.

Futures contract for Brent crude , London exchange ICE 09-20

My trading is based on market phases by Wyckoff.

For timeframes m5:
Buy on the test of level 42.18, target 42.60, target2 43.00
Sell 41.05, target 40.55

Trading on m5 timeframe.
  • #61,018
  • Jul 2, 2020 7:34am Jul 2, 2020 7:34am
Quoting akim0895
current m15 Gu close this n drop..
Kind of good data
still watching it shake and bake
PA Return This Week: -3.3%
  • #61,019
  • Jul 2, 2020 7:35am Jul 2, 2020 7:35am
Quoting LeongPuiy
{quote} Kind of good data still watching it shake and bake
not much impact as usuall
just for a cup of coffee...
  • #61,020
  • Jul 2, 2020 7:36am Jul 2, 2020 7:36am
I do not understand how the USA can put out good data....I think they are telling lies to help support the USD
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