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Tapped a 1H Support zone and buy.

1 1 Sep 21, 2017

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2 0 Sep 21, 2017

FOLLOW FOR MORE VIDEOS LIKE THIS AND NO BULLSHIT TRADING ANALYSIS. Right here we have XAU/USD (gold). We can see that price has been on the decline from around 1350. I was long gold from 1250-1350 and then short 1350-1300. I actually called them on my free facebook group so be sure to join that just type in 'TWCInstitute' on facebook. Gold in the monthly chart is nearly a shooting star of key resistance and also which was a pre USA elections high and has failed to achieve higher prices. The weekly is showing signs of continuous bearish movement but on the daily you can see that the momentum is slowing down, and that there is a possible retrace coming at around 1300 to get a short in. The 2 scenarios are 1. Price goes to 1275 then back to 1300 and get a short to around 1250. 2. Price is on the way to 1300 right now and then I will look at shorting opportunists. Hope you guys enjoyed this.

1 1 Sep 21, 2017

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1 0 Sep 21, 2017

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12 0 Sep 21, 2017

It's all quite simple. Identify direction, which in this case, is down, and just wait for price to reach resistance. You only sell resistance when it's in a downtrend, not buy support. Go with the market waves. I keep it simple as this with my students, and anyone else.

8 1 Sep 21, 2017

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9 0 Sep 21, 2017

Trade of the day for the 20th of September is by Andrew, based in the U.K. 🇬🇧

4 1 Sep 21, 2017

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9 0 Sep 21, 2017

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3 0 Sep 21, 2017

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9 0 Sep 21, 2017

USDJPY 15 min. (1) daily resistance (2) downtrend, break of support turned resistance, break and retest trendline, incoming ema cross

17 1 Sep 21, 2017
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