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Darkangels pips hunter

  • #1,561
  • Jun 16, 2021 6:15am Jun 16, 2021 6:15am
Quoting darkangel13
There is a risk for gold to fall soon.. {image}
Oh it fell and pretty convincingly... I have this trendline drawn on the bottom, currently still respecting it.
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A 1 pip gain is better than a 1 pip loss.
  • #1,562
  • Jun 16, 2021 6:20am Jun 16, 2021 6:20am
Gold targeting 1862, SL close below 1853 on 15min
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  • #1,563
  • Jun 16, 2021 7:15am Jun 16, 2021 7:15am
And here we go
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  • #1,564
  • Jun 16, 2021 7:26am Jun 16, 2021 7:26am
News on Cad, should we see a drop ??
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  • #1,565
  • Jun 16, 2021 7:27am Jun 16, 2021 7:27am
Quoting darkangel13
News on Cad, should we see a drop ?? {image}
yes DA, im in from yesterday
  • #1,566
  • Jun 16, 2021 7:40am Jun 16, 2021 7:40am
Quoting kangkie007
{quote} yes DA, im in from yesterday
Haha, we will need your power to draw down the UsdCad
  • #1,567
  • Edited 7:59am Jun 16, 2021 7:43am | Edited 7:59am
hello guys, Dark Angel.. my view for UCAD. i'm still waiting short
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  • #1,568
  • Jun 16, 2021 8:14am Jun 16, 2021 8:14am
Quoting meugampong
hello guys, Dark Angel.. my view for UCAD. i'm still waiting short {image}
You are taking fib retracement for the whole down move on 4hr, then expecting 38 on 1,2250 which act a strong resistance.

The price now 1,2185 in the middle of nowhere, if I buy then I should use 1,2128 as SL and start targeting 1,2250. then we should wait until getting a better price on UC.

Price in a bearish divergence 4hr and targeting 1,2144 and there may find some support, then we can use your last swing low as SL and target 1,2250.

BUT then we have FOMC today....
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  • #1,569
  • Jun 16, 2021 8:23am Jun 16, 2021 8:23am
Quoting darkangel13
{quote} You are taking fib retracement for the whole down move on 4hr, then expecting 38 on 1,2250 which act a strong resistance. The price now 1,2185 in the middle of nowhere, if I buy then I should use 1,2128 as SL and start targeting 1,2250. then we should wait until getting a better price on UC. Price in a bearish divergence 4hr and targeting 1,2144 and there may find some support, then we can use your last swing low as SL and target 1,2250. BUT then we have FOMC today.... {image}
Yes DA. im waiting fib 38/50/61 trying short at high as my plan Trading for UCAD (perhaps)
if price going lower to 1.21 without testing fibR, i will buy with proper SL Target Fib R
if price go high breaking 1.22 i wait at 38,50,61 FibR, confluence with RN/Half RN
another note.. if price break 1.22 i steady for possible long trend based market structure.
  • #1,570
  • Jun 16, 2021 8:30am Jun 16, 2021 8:30am
Quoting meugampong
{quote} Yes DA. im waiting fib 38/50/61 trying short at high as my plan Trading for UCAD (perhaps) if price going lower to 1.21 without testing fibR, i will buy with proper SL Target Fib R if price go high breaking 1.22 i wait at 38,50,61 FibR, confluence with RN/Half RN another note.. if price break 1.22 i steady for possible long trend based market structure.
I like it, thanks man. That will help all other traders.
  • #1,571
  • Jun 16, 2021 8:36am Jun 16, 2021 8:36am
Guys, everyone can come with his trade ideas, in this way we learn from each other. Believe it or not it helps a lot even if you think that its simple or not important.

I learned that the best trade idea is the simplest, I may be good in some pair but certainly appreciate all the help I can get on other trades.

There is no right or wrong it's all about probability.

Thanks a lot to all of you who take the time to place your charts to simplify for us.
  • #1,572
  • Jun 16, 2021 8:42am Jun 16, 2021 8:42am
Quoting darkangel13
{quote} I like it, thanks man. That will help all other traders.
thanks man.
if you dont mind. i like to post one more chart "GOLD".
atm, bearish momentum appears in gold.. if we want sell as usual, sell at high. 1890/1900 as my sell entry if possible and target 1812
1812 is attractive support. if we see to the left this area as resistance turned to support.. maybe this level possible for long setup.
let see how it play.

and thanks DA.. you are good trader educate everyone also i like your sight..
M
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  • #1,573
  • Jun 16, 2021 9:02am Jun 16, 2021 9:02am
Quoting meugampong
{quote} thanks man. if you dont mind. i like to post one more chart "GOLD". atm, bearish momentum appears in gold.. if we want sell as usual, sell at high. 1890/1900 as my sell entry if possible and target 1812 1812 is attractive support. if we see to the left this area as resistance turned to support.. maybe this level possible for long setup. let see how it play. and thanks DA.. you are good trader educate everyone also i like your sight.. M {image}
Thank you for posting this. And I do agree. We already have the lower low, I am looking for a lower high to be printed in. I am not very convinced that 1866 is the lower high although it did come into contact with the previous support level and bounced lower.

I actually took fib levels from the start at 1900 to 1842, which gave 61.8 at around 1880.7.
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A 1 pip gain is better than a 1 pip loss.
  • #1,574
  • Jun 16, 2021 9:10am Jun 16, 2021 9:10am
Quoting aeternum
{quote} Thank you for posting this. And I do agree. We already have the lower low, I am looking for a lower high to be printed in. I am not very convinced that 1866 is the lower high although it did come into contact with the previous support level and bounced lower. I actually took fib levels from the start at 1900 to 1842, which gave 61.8 at around 1880.7. {image}
hi aeternum.. a little different about drawing fib both of us i think its ok.. as long we are same boat looking the market bias..
may pips with you..
  • #1,575
  • Jun 16, 2021 9:11am Jun 16, 2021 9:11am
Quoting meugampong
{quote} hi aeternum.. a little different about drawing fib both of us i think its ok.. as long we are same boat looking the market bias.. may pips with you..
Thank you. Yes but right now bulls are unable to capture the flag at 1860. Another failed retest it seems happening right now.
A 1 pip gain is better than a 1 pip loss.
  • #1,576
  • Jun 16, 2021 10:24am Jun 16, 2021 10:24am
Gold.

My reference level 1869
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  • #1,577
  • Jun 16, 2021 11:04am Jun 16, 2021 11:04am
And here we go again, UsdCad collapse, possible support 1,2140 area
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  • #1,578
  • Jun 16, 2021 11:05am Jun 16, 2021 11:05am
Quoting darkangel13
News on Cad, should we see a drop ?? {image}
thank you very much DA, UCAD nice drop
  • #1,579
  • Edited 1:37pm Jun 16, 2021 1:26pm | Edited 1:37pm
Buying EU
Gold

EurGbp & Gold
  • #1,580
  • Jun 16, 2021 1:27pm Jun 16, 2021 1:27pm
Seems like hawkish mood from the FED. US up and everything against US fell.

For Gold, since we broke the long term down trend line and we are fast approaching as a retest, I wonder if we will still see the bounce seeing as more Fed officials are seeing rate hikes coming sooner.
A 1 pip gain is better than a 1 pip loss.
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