Lukegforex

XAU/USD 1H - I think its time to start looking to buy into Gold again, as you can see on the left of the screenshot price has broken structure on the higher timeframes to the upside. This has indicated an end to this bearish momentum and potentially the start of the next bull run. Now that price has come back down to correct itself fractally we have even more of an indication. All we need now is further confluence which will come from Demand being injected into this market, as you can see we have had that, price has created a large bullish candle. I would love to see price pullback now into a fractal Demand Zone, giving us the opportunity to get involved in this market with a more refined entry, time will tell though. We should be prepping for longs.

XAU/USD 4H - As you can see I have marked out two potential outcomes for this pair on how I feel price could play out over the course of the next few days, both setups are valid and seem realistic. Setup B is the most likely setup in my eyes and this is because I feel price is exhausted, the Demand in the market is running out, hence the big move to the downside. I feel price will have to come lower in order to pick up more Demand before the next bull run. However price has traded down and into a Demand Zone and we are seeing large amounts of volume being introduced, and with the current state of the US economy the Gold Spot could still just be out-powering the Dollar. Setup A would be following the prevailing trend and overall be a safer option as this market is bullish dominant but its important we wait for entry confirmation before we execute, looking for the break to the upside first followed by a pullback.

XAU/USD 1H - I am in prep of buying into this market after price trading us down to clear the gap in the market and the OB that was just below that. We have means to trade this market bullish now, its just a case of waiting for an entry.Price traded down, rejected well and broke structure to the upside, telling us that enough Demand has been introduced to flip the balance in the market. I now want price to pullback fractally to give us a refined entry.Price pulling back into our fractal area of Demand gives us another piece of confluence, it tells us that price is putting in clear bullish structure protecting the lows and breaking the highs.By price pulling back down, its giving us a more refined entry with a better RR, setting our SL just below the zone we get involved in and our TP just below the last higher timeframe high.

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!

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 - 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!

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.