Lukegforex

XAU/USD 30M - WOW WOW WOW, as for the original trade that was sent out, you can see the higher time picture, price has not only traded down and into the Demand Zone well but its also taken profit.This trade right here is probably the best of the year, I did take profit on this original trade early on, however to those who held the trade all the way through, you should be up VERY nicely.This trade took profit for + 428 pips. (+ 22%) 22RRThis was a 22RR TRADE! From this position alone you could have made just over 1/5 of your account size back, this is some CRAZY returns from a trade and this has all be done based on the strategy we use and the three step approach.A big well done to anyone who got involved in either short positions on gold this week, we have well and truly took advantage of this market and the potential returns its generated for us have been amazing! Well done guys!

XAU/USD 1H - I am looking for further short opportunities on this market as well this week. Waiting for price to trade us up and into the area of Supply I have gone ahead and marked out for you all.As soon as we see price trade us up and into the Supply Zone above, we have means to look to short assuming price breaks down nicely and delivers us with the confluence we need in order to enter.I want to see price trade up, trade in and break structure to the downside fractally, in doing so we the confirmation needed to actually add to our short positions, riding price down and into the Demand Zone below.Once we have all pieces of confluence, I will let you all know and if the trading opportunity presents itself I will be sure to keep you posted and send out the trade I am placing myself.

XAU/USD 30M - As you can see the trade that I provided you all with later on in the day yesterday has played out perfectly, trading into our entry and delivering us with some great profits.Price as you can see came to clear the area of Supply I had marked out before delivering us with this bearish leg, I now want to see price trade us down and into the Demand Zone below.This trade is currently running + 400 pips. (+ 9%) 9RRA HUGE well done to those of you who jumped onboard of this trade, as I have mentioned before not every opportunity I provide will be in the form of a signal but I will always provide the trade parameters.If you are involved make sure you take a partial and apply safety measures for the position, I have gone ahead and taken a 50% partial here on the trade to bank profits and remove risk!

XRP/USD 4H - As you can see price has played out perfectly since the analysis that was sent out to you guys earlier on in the week. Those of you who may have sold off some of your XRP could look to buy back in when we have confirmation of the next impulse.I believe now we will see price correct itself trading us right the way down, putting fear in those who are unsure on the future of XRP, this will give us the opportunity to buy in at a great price later down the line.I have gone ahead and held the coins I have and will continue to purchase further coins once we see price trade us lower down and into the Demand Zone I have marked out for us.I will keep you all updated on anything I decide to do with this pair, should I buy in more or sell of coins I have I will let you all know!

BTC/USD 1D - Well as you can see price has played out exactly as we predicted yesterday providing us with an amazing push to the upside. I do however want to see price correct itself before the next push up.I have gone ahead and marked out the order block I have in mind that I would like to see price come and clear before it continues in this hawkish way. I feel this could be a great area to get involved in those longs from.As we know there are some great prospects for BTC so its important that we are always looking for key areas of interest for us to buy in from with this market being a bullish one.I will keep you all posted on how this market places out over the coming days, but a big well done to anyone who may have taken advantage of the last post on this pair and profited!

BTC/USD 1D - As you can see price has traded us down and into a level of Demand and has shown some signs of potentially reversing back to the upside. In order for us to have confirmation of this we need to see a relevant break in structure.I have gone ahead and marked out the last protected high on the 1H timeframes within this bearish corrective wave, once we see a break in that we have the confluence we need.As we all know a break in the last high would confirm to us that the bearish structure we are seeing at the moment within this corrective wave has finished an a new trend to the upside is ready to take place.It confirms that enough Demand has been introduced into the market to flip the S&D balance. Giving us enough confirmation to look to take this market long once again, as we know there are big prospects for BTC and the prevailing trend backs that.

XRP/USD 4H - This is not a pair I really trade, its just a coin I have invested in and am currently holding. I believe we will see some temporary bullishness, trading us into the area above before a move to the downside.Now with me being a believer in XRP and with me holding the coin, you'd have thought that I believe price will trade us higher longer term, and the answer to this is I do, but not before a move to the downside first.I think price will clear orders within the area of Supply, people will offload orders as well giving us a move to the downside, this move will trade price down and into a large area of Demand I have marked out.Once price trades into that, introducing a-lot of Demand that is when I feel price will then take its next hike to the upside, surpassing previous highs set this year. The area of Demand I have marked out is quite large.

XRP/USD 1D - As you can see price has been sat within this range for some time now, I think its only a matter of time before we have our next rally to the upside. I was sceptical about seeing price take a further down move to clear the inefficiency.However price has shown good signs of holding within this range and its actually respecting these areas of Demand as you can see above, this tells me that the balance is in fact in favour of the Demand in the market.I have gone ahead and marked out a fractal area here, I would like to see price clear the orders within this before that hike, this gives people the opportunity to top up on XRP should they want to. From this next hike I am predicting price to surpass previous highs that have been set within this range, and I am expecting that the lows set here would then be seen as protected following the laws of Bullish structure.

XAU/USD 1H - To conclude my analysis this morning as you can see I am wanting to see weakness with the Gold spot. This again further backs our analysis to see strength in the Dollar this week.Price at the moment looks to be distributing, I would love to see price trade up and into the Supply Zone I have marked out above to give us that refined entry.However price is showing signs of breaking down, as it begins to protect those highs and break those lows. It is important we aren't pre-emptive as tempting as it may be. Its better to miss out then take an L.I will be waiting now for price to display some confirmation of an entry to take this market short just to be safe, If I see anything that presents an opportunity I will let you all know!

XAU/USD 4H - As we know the Gold spot is something that is always appreciating in price, and its something that will continue to. However price is in the mids of a correction and this is to pick up more Demand.By price coming down and trading into the area I have marked out lower, it allows us traders to get involved in this market at a better price and it also means that we can ride the next wave to the upside.Now because we have been delivered with a break to the downside, that suggests that this correction is here to stay and that area of Demand lower down is a good area of interest to take profit.So we could look to take part in short positions with this market, riding the wave lower, taking advantage of the correction before the next big impulse, as we know though doing this does hold risk so be cautious.