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This is XAUUSD. Looking to break the top zone, hold and retest.
US30 looking for a break hold and retest to the downside.
Premium signal will be dropped on FT4X shortly.
No safe entry on gold. She’s gone now.
Today I really see most GBP pairs choppy with a couple of exceptions. Can’t see a trade on Gold materialising in the next few hours. US30 could break upwards, even then it would look a bit over extended to me. Let’s see what Frankfurt brings us.
Premium signal dropped on FT4X
Buying GBPAUD
stop loss1.83742
Take profit 1 1.84186
Take profit 2 1.84458
Stop loss to break even at tp1
Analysis was correct on GBPAUD but stop loss touched by 1 pip😢 before going into 15-20 pip profit. But if my aunt had balls she’d be my uncle so taking the L and move on. Still over 85% accuracy this year.
If you took the XAUUSD set up put on Premium yesterday it broke and retested my zone and went for nearly 300 pips.
As GBP pairs have been moving at different times of the day for last couple of weeks I’m only going to trade them when I see a very clear set up. So with XAUUSD gone my attention has moved to US30. Image below.
US30 has been in this range for 3 days. I would really like to see it break to the upside where I would put my first take profit at the equivalent of 70 pips and a second position with a trailing stop loss at break even after tp 1. If it breaks to the downside my target would be 70 pips but taking profit at 20 pips and stops to break even.
If you took the US30 set up yesterday it moved around lunchtime NY and was an easy 70 pips (went for much more).
My analysis for today: GBP pairs continue to act out of character and break the highs or lows of the previous day in the Asian session as opposed to Frankfurt/London. We will be looking for retests as Frankfurt and London open.
XAUUSD looks like a possible 4 hour break and retest to the upside, for those who like to trade higher time frames you could make a case for buying that now. It’s not for me in the face of the downward momentum on the one hour chart though. US30 already broke the low of yesterday but I will steer clear of that today for a number of reasons. Let’s see what Frankfurt/London open bring.
Won’t be taking trades this week with it being NFP week plus 4rth July holiday on Thursday.
The two set ups put on premium signal yesterday went to take profit 50 pips and 70 pips respectively. Today’s free set up is XAUUSD. Looking for a buy or a sell if price breaks the zone, holds on the hour chart and retests on a smaller time frame. Ultimate take profit 50 pips, taking some profit at 20 pips and stops to break even at this point.
Premium set up posted yesterday won again. Two weeks undefeated. For your FREE TRIAL follow the link.
https://www.ft4x.com/?ref=user-426574
Today’s free set up GBPJPY
Looking for break and hold on 1 hour chart then a retest on smaller time frame. 50 pip target but take profit and stops to break even at 20 pips.
Fridays set up hit first take profit.
Today’s set up is XAUUSD.