Price Action Analysis for Gold Futures & Crude Oil

Price Action Analysis for U.S dollar, Gold Future & Crude Oil.

Its has been quite a while since I've updated the blog but the situations are sometime quite messy. Been busy with the schedule and recent site launching price action courses and Forex signal services free of cost for complete year.


Coming back to the updates. I didnt trade for  last six months but now I've taken or eyeing few positions & looking for price to enter those zone. Recent move of gbp/jpy has been astonishing as we've witness a 700 pips move down & 1300 pips move from there in no time. I would have caught one down as I see a bullish trap and clearing out buy orders and then bang it goes on the day of Probably August UK employment data & keep following after the release of Non-farm payrolls.

It is not easy to pick up rhythm righy away and see whatz happening but those who've spend time in market got glimpses of things to come and thatz why I always look for big boys always have their eyes on Gold & Crude Oil. Rally of Brent oil also has been inspiring as well with a false pullback around 52.55 oil.

Trading Australian Employment data -Price Action suggesting to short

Price Action in Australian dollar is quite rangebound as it can be expected due to high impact release of Australian employment data.

What will be hit first 0.8000 or 0.7962 and I would look for breach of 0.7962 to short at return to 0.8000 with stops around 0.8030 and targeting 0.7860 but it all depends on how price will react as hit of 0.8030 first will cancel trade opportunity.

Will post the complete update and chart after the release.

Euro bulls have not finished yet look to add more longs

Hello traders, Its quite a long time since I have updated the blog but recent assignments and training did not allow me to complete all tasks assigned.

But everything apart, Trader should never let his/her eyes let off a trade and thats being the most important point of concern and also the fact that there were not too many opportunities to help you all explain the PA.

I would update the blog again with euro and kiwi dollar nzd/usd offers fresh long oppprtunity.

Why rumours move the price of currencies and truth behind such moves.

Forex market always move with sentiment and that sentiment can depends on various factors happening globally, and there can be short term rumours on tops and bottoms and beleive me they do work only in the opposite directions once the storms settled.

I have seen few of those moments in recent time and huge gap in strong downtrend in Euro when first round of French election ends and results were to be published on Sunday whe Forex markets were close and we see few more spike following the start of new uptrend when price consolidates for months after "Brexit", vote last year in June 2016.

In those election momemts, nobody believe the majority but Forex market already was ready for shock as we already witness move from lows of 1.0490 to 1.0750, and till date Price has moved upto 8% in two weeks and the fact is beleiving the facts not rumours.

Few more things we need to know about the market that we must understand that price is random in nature and it has nothing to do with past and history, but logic and synchronize moves does help traders to sight setups that requires low risk.

Believing in patterns is the real mistake as every move is unique in nature

It might seems strange that as if every move is different and price react differently by pip and ratios but our mind has to be trained to view what is happening on charts rather than assuming what might happen if an area is breached, as move depends on action move and then reaction as series of events constiutes a movement

Things to do for novice forex traders Facts to know is the secret