rasindu2003

what should we do ?gold have broken the major area of 2350/43 and re testing the zone we have to look at the price action carefully if it does a bigger correction or more downware move .we need plan and watch price action very carefully the situations like this you have to use very tide risk management because market can be very unpredictable in the situations like this

last CPI gold made a huge move and remove all seller from the market and move again to the starting point so what we can expect that the market may continue the falling move .currently it is testing the volume area of interest so we wait for a proper breakout then we do sell till lowest level of volume and last target of end of the bearish channel .

currently th bitcoin price action is the correcting phase.Also trading below the real volume area.so what could we expect let the BTC crawl down more then we will buy it in cheap price.that is how smart money does.For more further continuation of bullish trend btc have to broken the channel with a great volume breakout.this is the plan .good luck ,do not change it without any good reason

gold has been retraced well till fibo level and moving above the area of validation in volume.so we were buyer still there is no any change in plan we buy market.stay stick to the plan .Do not change the rulesComment: Again we are done.All targets hited. that is why we do not change the plan.Trading plan makes you more effective and help to go more in this field.i am not trading gold till next week .do not overtrade and also every trading day is not a good day.We need to keep it remember.Good luck till next ime.Do not be over gald stay with confidence and control your emotions

gold is currenty trading in a channel again .the overall price action is bullish .so it is sae to take a buy.Hence the gold trades above the validation area and true volume range.it indicates that gold may have chance to buy to the higher positions .technically we have to trade in side of the channel that is what technical prospective says.Apply risk do not change the plan without a good reason

we have completed our previous plans .also gold did a huge bullish price action that we can able to buy.we have to see the reaction around level 2344 which is having a critical volume range then we buy once we see a reaction on that range .otherwise let is crawl down and lowe level buy it Do not change the plan stick with your rules Apply risk. do not think about the outcome ..love the process that is what professionals doComment: This is how we need to plan our trading game .we did it.it went up the level i wanted they sold ..Good luck who have held.The next trading plan will be shared..also comment "tips" i will share tips which will help to become a professional traderComment: This is how we need to plan our trading game .we did it.it went up the level i wanted they sold ..Good luck who have held.The next trading plan will be shared..also comment "tips" i will share tips which will help to become a professional trader

in my previous analysis i told that we are not changing our trading plan without a good reason.we are facing now good effects of that again hited more than 100+ pips.we are not changing plan yet we are still seller gold is trading below range 2355 we can still sell. to change the plan the gold has to be broken about 2360 range with a candle close above that range ..i am with breakeven .Comment: CONGRATS..WE ARE DONE..80% CLOSED AND NOW HOLDING WITH BREAKEVEN.CURRENTLY OUT OF GOLD.I WILL BE BACK WITH NOTHER TRADING PLAN..GOLD MAY SELL LOWER BEFORE FRIDAY.WE HAVE TO BE SEEN THE PRICE ACTONS FIRST..I WILL BE RIGHT BACK.UNTIL THAT. GOOD LUCK

gold is correcting now after a strong drop .what does it indicate that the it will be a sell seller will control the market and also gold is now currently moving inside of a bearish channel .also there has a very interesting poing of volume 2338 will occur when london and us session starts.Comment: WE HITED THE SL IN JUST IN 4 PIPS .IT IS OK .TRADING IS LIKE THAT.BUT THERE IS NO ANY CHANGE IN TRADING PLAN UNTIL A CANDLE CLOSE ABOVE THAT LEVEL WE ARE SELLERS .WE HITED THE IMPORTANT LEVEL AROUND 2338 ..CONGRATS WHO PICKED IT.DO NOT CHANGE YOUR TRADING PLAN WITHOUT A GOOD REASON

Bitcoin had a really huge uptrend due to the spot approval from SEC but previous day it made a huge downtrend .Btc may continue to the down side but before it moves down it has to rebalance the price action according to the 1H time frame.then we will see the reaction what happens next i expect a nother upward move to the 44000/43500

GOLD has 3 scenarios in here gold need to reach 2009/10 level first.then we are creating a good game plan for gold because the trading plan is important to the day trading. Let's begin: 1.In here i expect gold hit 2009/10 and do a big down with a high volume.the correction which is bigger than the move will move the pair down and turn bullish to bearish. this is my wrost case one because i am a buyer until the war will have done 2.If price able to breaks the level with good inefficiency we do long but we have to wait for the breakout first 3.best scenario is this part because i have already told according to the WAR commodity and the US index will be moving to the same side .it can be happen and you can see it.so if reaches that level then do a decent correction we do long till 2020/2025 level that is my plan on gold