Gold trade analysis
I Have attached a trade idea/analysis on Gold, after today's frantic movements let me what you all think, as i'm still relatively new to trading.many thanks
BUYING EUR/USD
BUYING - EUR/USD Entry: 1.2015 Target 1: 1.2053 (38+ pips) Target 2: 1.2100 (85+ pips) SL: 1.1985(30- pips) R:R 2.8
SECOND AN POSITION EXECUTED!
the second AN portion was executed upon the 15 min retest and 5 min continuation continuation was not the best but did end up getting a clean 2 candles in the end and the third looked ok on the open so I did knock 0.25% off the risk allocation so only scaled in 0.5% bringing the total risk exposure for these 2 trades 0.75% all in! now dropping off the edge of a cliff!
Trading The Zones on Pound Aussie
GBPAUD What are we looking at? Price has rejected the daily 200 ema on multiple occasions and i see this happening yet again with the pound weakness. Here I am trading the zones, and trading what i see. POLR is lower for the GA with price on all time frames trading below the moving averages. I am taking the continuation on the 15m with how much volume were in the previous bearish candles. Don't want to cut the profit margin. Criteria: - 15 minute continuation from the supply and demand area - https://www.tradingview.com/x/iIwuMTvm/ - Sniper criteria on all 3 time frames Stops and Targets: - TP at the next demand zone below - SL above this current supply and demand zone. Stops can be increased to cover moving averages if need be, but cuts RR. RR: 2.04 Risk 1% If trade hits SL, smash computer screen, eat pizza and cry. Repeat x10.
Gold trade analysis
BUYING EUR/USD
SECOND AN POSITION EXECUTED!
Trading The Zones on Pound Aussie
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Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.
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