ng_forex

ng_forex

Okay so, gold this week gave a strong push to the upside which was expected in fact we capitalized on the move from 1818 to 1835 this was a good trade. Our premium members earned good profits out of it... :) So, what's the next point to enter?? Currently, we are at the resistance area of 1840-1860 we can see some retracement to the downside. But we will not be...

ng_forex

Okay so, gbpjpy formed a W pattern on the daily chart and whenever such formation happens we want to see the prices to test the neckline of the W. So, we will be looking for a short position if the rules of our strategies satisfied. I also suggest you to keep this pair on your watchlist and see if your rules satisfies... Plus from COT data we want to see a...

ng_forex

Okay, so nzdcad has been on a bearish run in the past week. Now, we want to see a retracement to at least 38.2% level as consolidation before the downside continuation which may be followed by the head and shoulders pattern on daily chart followed by an impulse correction and impulse and we can look for this great opportunity in shorting this pair if it satisfies...

ng_forex

Hey, it has been some time since my last analysis on gold... Okay so, lately market has been ranging in the 1900-1970 region making lower lows and finally managed to break below. It's good from a bullish view too we wanted to expect this retracement too. Buyers were not interested at that point to infuse more liquidity. So, what now?? We are still looking for...

ng_forex

So, where is gold headed? Okay so, this week gold has given us a move to the 1960 region but failed to break above it. Now immediate resistance has been made in the 1964-1966 region. How will we approach this situation? If this structure breaks and the resistance turn to support then on the retest we will be looking for price action in 4hr. timeframe as we...

ng_forex

Okay, so what kind of situation we are having on gold? We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950 Now, how we will approach this situation? We have a break of structure on daily we will be looking for long position on the retest of the support...

ng_forex Updated 

USDCAD has given us a beautiful retracement to the downside and this has given a great opportunity to take a long in this pair. This region holds strong support(Weekly and Monthly) at prices that are supposed to bounce from here to the region of 1.38900 approx. So, we can take a long position here :) FOLLOW US FOR MORE!!!

ng_forex Updated 

There's a strong resistance here(weekly). So, we can take a nice short here for the target shown in the chart!!! Prices also showing good pullback downside so, it may be a good trade for us !!! Also, last week prices take good upside route and a recovery to downside is strongly expected from here... That's all for now... Follow for more!!! :)

ng_forex Updated 

This pair closed at a good level on the daily chart with an indication that you can take a long position in this pair if this happens... At this position, we have to see the market reaction. If we see a daily close as a bullish candle then we will be taking a long here but we have to see if this support holds. If it holds, then we can take long to our initial...

ng_forex Updated 

Okay so, we have been looking for a long entry in gold!!! Here's a great opportunity again to buy gold we have to see the market reaction in this bubble region shown on the chart. if market breaks the trend of downside then we will be taking a long for a target of 1735 as an initial target. So, keep this on your watchlist and let's see if there's gonna be a...

ng_forex Updated 

CADJPY has been on the bull run for the past 3 days. this may be the time that we can short this pair and close our longs in it. It has strong resistance at this point. So, we will be taking a short if and only if prices close below this resistance level and follow the next day the downtrend. So maybe tomorrow we will be taking the short for the target of 77.700...

ng_forex

Okay, so what kind of situation do we have here in this pair... Today USDCAD got support around at 1.37500 area. Now, prices might test 1.39000 levels before continuation to the downtrend ( As the region is broken). But it's not the right time to enter short as we have to see the market reaction at 1.39000 levels. If prices get a rejection from there then we...

ng_forex

BEST OPPORTUNITY FOR BUYING GOLD IS THIS!!! DON'T MISS THIS GOLDEN OPPORTUNITY! Take long here for the target of 1740-1770. STAY UPDATED FOR MORE!!!! FOLLOW ME FOR MORE!!! **IF ANYONE WANT A RECOVERY TO THEIR ACCOUNTS THEN DO THIS TRADE!!!!** PS - I am not responsible for any losses!!

ng_forex Updated 

Alright so, what kind of situation we have in gold for the coming week?? If we see Friday's closing it closed pretty high at 1735 level. So, for the coming week 1725-1735 region will serve as a strong buying region and if prices test 1717 levels then it is a must-buy don't miss that great buying opportunity. While on the other hand 1765-1773 region will serve as...

ng_forex Updated 

On Friday, EURGBP hovered around 0.89400 levels which holds a good support according to both Bollinger Bands and trend channel formed in 4 hr chart. So, we can long this pair for approx. 0.90100 levels as take profit. It has high chances that price will test that range this coming week or maybe higher as we see from a Daily perspective. So, we are bullish on...

ng_forex Updated 

So, what kind of situation we have in NZDJPY pair. If we see the trend lines, it's saying that it's a good time to short this pair as this region holds strong resistance. Also, in the 4 hr chart, we got conformation to sell this pair. So, if we take a short here then we will be taking profit at 65.300 approx. with a stop loss of 66.200. It's a good risk to reward...

ng_forex Updated 

What is the possible scenario here??? According to me, a W pattern may be forming in the 4 hr chart as we know that GOLD prices are still bullish and also the rejection of the downside is seen again and again in the 4 hr chart. Also, this region holds support too so, buying can be triggered again here. So, if you have a position open in long then keep it open...

ng_forex Updated 

We have been bullish on gold lately. This time we have reached out take profit zone also strong resistance will be provided here. So, if you have a long position open then take your profit here and we can take a short from here to 1700-1710 level as our take profit. This is the whole idea for now. STAY UPDATED !!!