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multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

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(binned per thread starter’s request) My Way Of Price Level Analy

  • #901
  • Jun 23, 2021 9:08am Jun 23, 2021 9:08am
Quoting Houtbay
Cadjpy a good sell down as Ron said, what is your tp for nzdcad Ron
0.87000 NZDCAD.
10% buy 10% sell 80% waiting
  • #902
  • Jun 23, 2021 9:11am Jun 23, 2021 9:11am
Cadjpy I am closing position. Might head up again
  • #903
  • Jun 23, 2021 9:15am Jun 23, 2021 9:15am
Quoting TraderR0N
{quote} We may see or may not see GOLD retest the major low at $1680 if $1760 support gives way. There will form a triple bottom and rocket high to $2000 and above. And there is why I’m holding it for long term for some GOLD asset. It is going to be a good investment. Watch the to the moon. Please send it. Watch!
quote]

Just to let you know that many big players institutional might be waiting to buy at that area at $1680 if price reaches there imo. GOLD. I may be wrong but will see.
10% buy 10% sell 80% waiting
  • #904
  • Jun 23, 2021 9:17am Jun 23, 2021 9:17am
Quoting TraderR0N
{quote} Please do yourself a favour by opening up your chart and see where price $1680 at. GOLD Can someone post GOLD chart here as I’m currently outside. Thank you. Draw a horizontal line and mark the price $1680.
Attached Image (click to enlarge)
Click to Enlarge Name: ca675a56371cdb6ad47a52f532d77a1b.png Size: 90 KB
  • #905
  • Jun 23, 2021 9:17am Jun 23, 2021 9:17am
Quoting Houtbay
Cadjpy I am closing position. Might head up again
10% buy 10% sell 80% waiting
  • #906
  • Jun 23, 2021 9:19am Jun 23, 2021 9:19am
Quoting RickMTB
{quote} {image}
Thank you Rick. Appreciate that. Look to your far left with resistance turn support. It could be a stops hunts area as well.

Good spot!
Daily Chart!
10% buy 10% sell 80% waiting
  • #907
  • Jun 23, 2021 12:03pm Jun 23, 2021 12:03pm
Just got back home.

EURUSD and GBPUSD can still see last leg up to complete the 7 swing up and will be flushing down hard!

Later tonight we will have BOE Interest Rates Decision and Minutes Meeting. Trade safe!

Good night everyone.

Time to go to bed.
10% buy 10% sell 80% waiting
  • #908
  • Jun 23, 2021 6:59pm Jun 23, 2021 6:59pm
Quoting TraderR0N
Just got back home. EURUSD and GBPUSD can still see last leg up to complete the 7 swing up and will be flushing down hard! Later tonight we will have BOE Interest Rates Decision and Minutes Meeting. Trade safe! Good night everyone. Time to go to bed.
Hi Ron, I want to learn to read the news or fundamentals that you recommend? where should i start?
  • #909
  • Jun 23, 2021 10:55pm Jun 23, 2021 10:55pm
Eurusd possibly the start of its journey down Ron
  • #910
  • Jun 23, 2021 11:47pm Jun 23, 2021 11:47pm
Good day everyone.
10% buy 10% sell 80% waiting
  • #911
  • Jun 23, 2021 11:51pm Jun 23, 2021 11:51pm
Quoting kmero
{quote} Hi Ron, I want to learn to read the news or fundamentals that you recommend? where should i start?
Hi Kmero,

If you have just started trading FOREX. My advice is learn to see price action chart structure first before knowing how to understand microeconomics. This is more towards advance trading method. Start from basic before going to the next level.
10% buy 10% sell 80% waiting
  • #912
  • Jun 23, 2021 11:53pm Jun 23, 2021 11:53pm
Quoting TraderR0N
{quote} Hi Prince, AUDNZD more downside can be seen. Daily bullish trendline broken to the downside. H4 target at 1.07250 - 1.071500. Weekly target at 1.06500. Currently we may see some pull back now retest trendline before trend resume to the downside. Trend reversal to the downside increasing. Good luck. {image}
Slowly creeping down to H4 targets as mentioned above post.. It can take days or weeks achieved the target if you’re a swing trader.

Don’t forget this is a slow range pair. May need times for targets to come. That is why I hardly trade this pair.

AUDNZD
10% buy 10% sell 80% waiting
  • #913
  • Edited Jun 24, 2021 12:19am Jun 23, 2021 11:54pm | Edited Jun 24, 2021 12:19am
Quoting Houtbay
Eurusd possibly the start of its journey down Ron
Will see.
10% buy 10% sell 80% waiting
  • #914
  • Jun 23, 2021 11:58pm Jun 23, 2021 11:58pm
Quoting TraderR0N
Just got back home. EURUSD and GBPUSD can still see last leg up to complete the 7 swing up and will be flushing down hard! Later tonight we will have BOE Interest Rates Decision and Minutes Meeting. Trade safe! Good night everyone. Time to go to bed.

If you are trading any GBP pairs. My advice is to close before the news. Can always get back in after the news, we must see how price moves. It can easily take out your STOPS and move to the same direction where you’re trading.
10% buy 10% sell 80% waiting
  • #915
  • Jun 24, 2021 12:03am Jun 24, 2021 12:03am
Long AUDCAD and NZDCAD are close to my targets as posted above.
10% buy 10% sell 80% waiting
  • #916
  • Jun 24, 2021 12:06am Jun 24, 2021 12:06am
Quoting TraderR0N
GBPAUD retest 1.85000 high. Will it push down or continue to climb? GBPNZD retest 1.99550 high. Will it push it down or continue to climb?
GBPNZD was having a nice drop.

180 pips drop from the high as expected.
10% buy 10% sell 80% waiting
  • #917
  • Jun 24, 2021 12:10am Jun 24, 2021 12:10am
BRB
10% buy 10% sell 80% waiting
  • #918
  • Jun 24, 2021 12:18am Jun 24, 2021 12:18am
Quoting TraderR0N
{quote} We may see or may not see GOLD retest the major low at $1680 if $1760 support gives way. There will form a triple bottom and rocket high to $2000 and above. And there is why I’m holding it for long term for some GOLD asset. It is going to be a good investment. Watch the to the moon. Please send it. Watch!
GOLD is sitting above $1760 intraday support. Will break either way.
10% buy 10% sell 80% waiting
  • #919
  • Jun 24, 2021 12:37am Jun 24, 2021 12:37am
I see GBP/JPY dropping soon
  • #920
  • Jun 24, 2021 12:41am Jun 24, 2021 12:41am
Trading is a boring business because 80% of the time we are waiting for good opportunities to come. If you want excitements you should try the 1 minute timeframe trading like casino lol.
10% buy 10% sell 80% waiting
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