Gold holding or not?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, have you seen the gold price lately? I hope that will not give you a heart attack. I have wrote previously that the $771 is a very very important support, if gold price ever break this support it will be a gone case. But let me shine some light in this gloomy picture. […]

Hi Traders, have you seen the gold price lately? I hope that will not give you a heart attack. I have wrote previously that the $771 is a very very important support, if gold price ever break this support it will be a gone case. But let me shine some light in this gloomy picture. Let us now pull out the Weekly chart of gold price.... I see a Butterfly pattern, this butterfly chart pattern is a price reversal  chart pattern, which means ... Read More

Buy Gold? rally or just bull?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, here’s another gold story. And oh, if you missed my gold trading signals I told everyone to sell on $960 and $990, go back to my previous posts to see how it is possible to trade gold using technical analysis. Is it the time to buy gold again? Let’s see the daily gold […]

Hi Traders, here's another gold story. And oh, if you missed my gold trading signals I told everyone to sell on $960 and $990, go back to my previous posts to see how it is possible to trade gold using technical analysis. Is it the time to buy gold again? Let's see the daily gold chart..... Did you see a Head and Shoulders pattern? Yes, it is the Head and Shoulders reversal pattern! To complete the formation (and I think it is going ... Read More

78 Essential Fx Strategies - Part 7

Categories: 78 Essential Forex Strategies

Hi Traders, here is a continuation of my 78 essential forex strategies…..
31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side […]

Hi Traders, here is a continuation of my 78 essential forex strategies..... 31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side but not too close to your entry point This is because price behaviour always has a tendency to spike up and pulls back to where it first ... Read More