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Hi Friends, Always one should have their trading system as simple as possible here are the proven simple system which works in all time frames... I have been testing this simple trading system with these indicators for 100% profits every day. Enjoy the profits. Rgds R.Vijaya Kumar
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 8 to 12 times.
Now Only just Breakout Confirmation Make it confirm that Price Will Shoots Down..
weekly triangle breaked and taking support on previous week's resistance so up move expected..... target 1 is $61 target 2 is $64 stop loss 54.90
Silver after reversing from a bullish Harmonic Gartley is retesting the PRZ which now coincides with the PRZ of two Bullish AB=CD patterns (60/162) & (78/127) If it can sustain above 16.35 then it could retest 17.40/17.75
REASON FOR GOLD BUY CALLOANDA:XAUUSD 1) MULTIPLE TIMES RETESTED AND REVERSED THE TRENDLINE OF 4 HOUR TIME FRAME 2)TRIANGLE FORMATION AND TRADING AT TRIANGLE BOTTOM 3) REVERSAL CANDLE STICK CONFIRMATION
Disclaimer My assumption is just for education purpose Consult your financial analyst before taking any investment related decision. From Last few Trading Sessions 57 58 was acting as a resistance level for crude crude can show some bulllish retracement and bears can trap the bulls and push them further down to complete ABCD pattern ABCD chart Pattern...
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They can either be used to hedge investment positions (to mitigate the risk of price movements) or to speculate (to try and profit from price movements). Futures trading started 150 years ago as a way to manage agricultural production. Planting and harvesting cycles created swings in prices and futures contracts were created to manage that risk. They have evolved into the exchange-traded instruments we know today, which are a key part of the financial system.
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