Saturday, May 11, 2019

Gold Intraday levels. Entry to buy around 1282 & targeting 1320 area

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Its quite a while since I've updated you about the intraday levels and trade opportunities on precious metal Gold. The reason being the rejection off highs and buying at lows and there are not too many opportunities being provided except one that I missed to update.

Recent price Action on Gold is very much clear and swing traders & intraday traders are eyeing 1280-82 levels for the new buying pressure & I would also recommend buying at these levels . Stops should be around 1270 but just below 1270 would be good enough for a very good risk reward ratio which can target atleast 1348 level but I'm setting 1324 for the second target. Chart has been quite clear. We have seen Price action at the key area around 1288 and rejection off the lows around 1270 level.

As I mentioned in the chart with Red Arrows about break of Crucial 1289 level which turned out to be a false breakout and went to sold support & demand & then again price has rallied nicely once again to that price line & I would expect another trap to 1280-82 level for new upside pressure which will be sharp enough to test the 1310 level. So, this would be our first target for gold & I'll certainly trail my entry at 1300, If Price gets to my first Target in precious metal.




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Trading in this risky environment is very profitable but only if you know how to use money management skills in Forex trading or trading any commodities or stock market. Trading requires patience and also need to be managed well if you want to be a long term trader & want to make a living out of Forex. Forex is the only market which reacts very quickly to events globally as there are lot of rumours and talks & deals going on which creates panic amongst institutional investors to increase and decrease their reserves. So, never take any trade for granted and always manage the risk & trade Risk free once you achieved 40 percent of your initial target which is 1297 in this case. If you reach 1297, then you trail your entry at +2 points to trade risk-free .

Gold trading is usually best for Swing Traders as levels and trends are usually easy to predict or analyze. Prediction often works when they are managed properly. No matter how good you are as a trader and how good the trade can be, there is always a chance of trade going against you & you need to reach and cover quickly in such scenarios as global events are usually unavoidable such as Natural disasters. Gold futures does become profitable if you know when to enter technically as well as fundamentally. Both reasons need to be properly synchronized to initiate a trade & when there is enough Cash Flow, there are lot higher levels are targeted. Check the Chart and trade levels & manage to your risk.

Gold Futures Trading Levels with Entry Exit

Levels have been market in the chart clearly & reason and logic of entry is also quite clear .Fundamentally, there is also a reason to buy precious metal as there is a trade war between U.S & China is on the heating map & any pressure and unsettled deals will push stocks and Indexes from Record highs and In risk appetite, there is only one safe heaven which is Gold which draw attention of retail and institutional investors as well. Keep your stops tights & as recommend and let's see If this entry is good enough to test the highs and possible higher in the weeks and months to follow.


Stay Tuned for more & Eur/usd post will be there at the start of next week.
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That is how some of the price Action behavior use to behave

Chart below is the prime example of some of the price behavior when it reach or set levels prior to get there and use to hunt stops. I'll probably explain each of the chart with details in coming weeks and months.

Crude OIL Futures Update with Trading Zones & Entry Exit zones

I've been asked to update my view on Crude oil. Crude oil is facing headwinds since past week and awaiting for Curde oil Inventory date to be released which I think will fuel the buying opportunity which should be shortlived as price is really look for stops orders around the areas as I mentioned so an entry around 62.90 area is recommended with stops around 64.55 & target should be atleast 56.50.



One more thing I would like to draw your attention towards which is that if price visit the target first & then approach the supply zone , then I won't recommend taking that trade as I would rather look for new trading level for the entry & exit and will update the blog in the meantime.

Saturday, May 04, 2019

Euro Dollar Technical Update l Live Trade Example Video

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Blog Update

Euro Usd Live Trade - Technical Euro with Video analysis posted on May 04 2019


In the video below, I've explained the possible price Action that will move price but In case there is any other price action developing then we must be ready to buy if Price flags the rejection. It completely depends on how price action unfolds in coming session & I would recommend you to stay updated and watch the blog for any opportunity being provided. More of such videos and blog posts will be updated next week.



I have just prepared a video based on recent Price Action of EuroDollar. Price has been rejected comprehenshively from the top & formed a Pa zone below and above . We just want to see how price react to these zones if one of them engulfed on the both side. Wait for the Monday opening and see how price react in European session. Opportunity is on the cards & I would expect a possible failure and engulf below to give the opportunity to built a Diamond to short at very good Risk Reward & If that is the case target would be 1.1120 & it can offer a good Risk Reward of 1:12 atleast. So, watch for Price Action and stay updated at the blog for best trade opportunity (If been provided ).

Wednesday, May 01, 2019

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Here I'm offering you the promo of Extrasum.com where In case you open an account with Extrasum & fund it with $100, then I'll provide you free mentorship of 2 months & pdf files of Touch Trade with step to step guidelines & where to find entries for intraday and 1:10 Risk reward entries.


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(ii) Two months of free mentorship & trade opportunities with proper entry & exit


Take most of the opportunity and hurry as possible as possible as this promo will be valid only till 30th of May 2019 & I'll delete this post.


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Click that banner & open an account with broker & complete the verification & get the bonus & mail me at futurefxking@gmail.com with Title Extrasum Promo & I'll send you the files within 24 hours.
================================================================================================================

Blog Update

Euro Usd Live Trade - Technical Euro with Video analysis posted on May 04 2019


I have just prepared a video based on recent Price Action of EuroDollar. Price has been rejected comprehenshively from the top & formed a Pa zone below and above . We just want to see how price react to these zones if one of them engulfed on the both side. Wait for the Monday opening and see how price react in European session. Opportunity is on the cards & I would expect a possible failure and engulf below to give the opportunity to built a Diamond to short at very good Risk Reward & If that is the case target would be 1.1120 & it can offer a good Risk Reward of 1:12 atleast. So, watch for Price Action and stay updated at the blog for best trade opportunity (If been provided ).

Sunday, April 28, 2019

Forex Price Action Trading l How to trade like banks to make a living with Forex

Forex Trading for a living Price Action Strategies

Trading Forex requires you lot of patience & experience & you need to get a start and pipeline to where to start . That is why I build up this blog to help you people to learn and keep earning and make a living by trading Forex. I will keep updating this post till the end of next month rather than making newer posts to help you understand the logic behind the price action trading. Trade with logic and trade those setups which have high success rate. Breakouts & breakaway gaps are good sign of probably trapping traders with weekend price actions and it happens usually on most of the Fridays & with next setup in sight I would post live update on price behavior after any Trading opportunities is sighted or provided

How to Trade Breakout gaps that fits into Context of overall Price Action

Trade forex price Action with logic and build strategies that have good reward & don't require staring at charts for hours. I've here put together a masterpiece of price action where you can mark areas to trade . Take not of few things & first of them is Breakout . Best way to trade successful breakout is breakaway Gap which is shown in the video. After we see a break away gap at the start of the week then only think we need to see if price hold those areas when breach that level again



Reaction after price went again into that zone. Biggest thing to note here is Accumulation after breakout away know as Rally base and then drop & then retrace & consolidation again and sign of panic selling and all you need to do is mark the areas to sell & put the top and set targets. Stay update and subscribe to the channel

Sell of usually have follow through & pending orders hidden at the source of the move

As I told earlier in my post that I often rely on price action techniques to take decisions In this video I've explained the reason and logic behind taking my decisions. We usually have buyers after breakouts but this techniques is often used for stop hunting specially when we have left shoulder just behind the previous price reactions to that levels.

Friday sell of was quite strong and approach to that level was quite imminent after two days of approach & that is why I've posted this chart and video to help you understand the recent price action techniques that have been used for years by institutions and banks They often target areas to take all the orders to fill in their oppossite large set of orders Order flow was very strong that even go beyond the recent low but targets are always set on recent time frame structure low.

Decision Points, location of Price Action and Retest Approach in Forex are very criticial

In the post above , I clearly mentioned how easy it becomes to trade Forex and you can take your decisions based on the location of candles built on volatility days. Gbp/aud was prime example of trade which happened on Friday and you can look or left shoulder approach when it was retested and breakouts as well. It was clear that we are having good R:R in that approach but location of candle was the most important things to keep in mind. That candle was rejected of an important support and Rally base drop of a fakeout was another thing that help me to take that trade.

This chart below is of usd/cad had the same approach, but PA was quite choppy and trade arrives bit later. Trade in GA arrives in the volatility hours of Eu session & that is why I always recommend you to take trade based on their active session but Usd/cad trade breakout happened also in early Eu session , but indecision to take the price further happened hours later in late U.s Session .


I'll prepare another video in this series soon & would post the link with description and detail post based on your approach & made trading look easy.
Stay Tuned for More

Saturday, April 20, 2019

Concept of Random Fakeouts In Forex l Best way to trade with higher Risk Reward

Random Fakeouts to Trade Forex Hi Readers, I hope you like the recent posts and earning opportunities based on the reference to my previous post of usd/jpy. I have close the trade on +120 pips. In this post, I would like to guide you to the advance level which is "Fakeouts" and how to trade fakeouts. This would be a completely game changer for you as this often test patience but it is the best way to trade Currencies, commodities or any Market.

You must be aware of the fact that trading higher times frames or shorter time frames depends on how good you are pointing out opportunities because price is Fractal and orders are random on every time frame.

In coming days or weeks, I would Point out how to trade fakeouts on both higher and lower time frames. Price often provide opportunities or change directions when it leave orders when it left an area (often termed as exhaustion areas) & when it come back it provide with an opportunity to pick pending orders..

Basic concept is that chart speaks itself

Chart below is of Eur/Aud which is good example of how to trade a randomn fakeout. Price provide opportunities when an order is picked on the reverse side as and when price revisit the area and You should be good enough to check where to enter and where to exit & Risk to Reward.


As I have explained above that random fakeouts are good to trade but mostly there are not too many random fakeouts and Smart money or institutional traders plays trick with levels and we should be good enough to sight the levels to trade with edge and this is the first post of the series and I would keep updating you all with the rest of the things you need to be know while trading these type of fakeouts which exists usually on every time frame but we need to trade only with higher probablity and good reward to risk..

Tricks are often played in Forex

Now, lets see how price behave in this pair . Chart posted above is of Cad/chf & I'll post the live trade example once I sight an opportunity in the pair & no matter what happens, trade is on the cards, one way or the other & It playing with patience and looking to take stops hunting both side but finally there would be trade which will give us good enough pips to enjoy our life doing rest of the things & love to trade as well.

Price Action zones Explained with Real time Trade (Update on 24/04/2019)

As I've already explained in the post above the we just need to remain focus on zones and trades opportunities will arrive. You just need to mark zones on every time frame and target the pairs that are trending between zones. Check the chart above and see how price action fake the zones and return to the zones and got rejected immediately and found orders. I'm currently focusing on yet another pair Cad/chf & will update the blog as soon as the opportunity is provided. In the mean time check the chart below and look back on your screens & keep focusing on zones rather than lagging indicators or another mechanical systems that are not even worth trying..