It’s been a minute.
Another Covid-induced closure in Uganda has finally domesticated me.
With more time on my hands, why not revisit what I abandoned a year ago: sharing my weekly and daily business ideas.
Each week I will post on the blog the critical levels of the instruments I am trading (gold and GBPUSD right now) along with market analysis and commentary on the fundamentals driving the markets.
I funded a small live trading account where I use these key levels myself.
Here’s proof that you can take advantage of trading at these levels. Any strategy. No BS.
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Daily key levels
Swap daily levels within the context of weekly levels
GBPUSD and gold levels: Thursday – 24th June 2021
Gold reached our daily R3 level before selling to the day’s lows. What is certain is that sellers are struggling to bring down gold.
Where the wind blows, here are the key price levels I’m seeing.
Daily pivot: 1782.34
Resistance levels: R1 1790.64 R2 1795.78 R3 1799.43 R4 1804.08
Support levels: S1 1774.04, S2 1768.90, S3 1765.25, S4 1760.60, S5 1752.30
Daily pivot: 1.396600
Resistance levels: R1 1.39895 R2 1.40078 R3 1.40208 R4 1.40374
Support levels: S1 1.39304 S2 1.39121 S3 1.38991 S4 1.38826
GBPUSD and gold levels: Tuesday – 23rd June 2021
Will PMIs give Gold a clear direction today away from the range in which it has been trapped over the past four trading days? In the early hours of the day, we have the French, German, and British PMIs, and later we have the U.S. PMIs.
In the short-term daily pivots, the price should be oriented to any of these levels.
Daily pivot: 1780.21
Resistance levels: R1 1787.01 R2 1791.22 R3 1794.21 R4 1798.02
Support levels: S1 1773.41 S2 1769.20 S3 1766.21 S4 1762.40
Daily pivot: 1.39211
Resistance levels: R1 1.39605 R2 1.39848 R3 1.40022 R4 1.40243
Support levels: S1 1.38816 S2 1.38573 S3 1.38400 S4 1.38179
GBPUSD and gold levels: Tuesday – 22nd June 2021
Daily pivot: 1777.90
Resistance levels: R1 1786.25, R2 1791.41, R3 1795.08, R4 1799.76, R4 1808.11
Support levels: S1 1769.55 S2 1764.39, S3 1760.72, S4 1756.04, S5 1747.69
Daily pivot: 1.38834
Resistance levels: R1 1.39409, R2 1.39764, R3 1.40017, R4 1.40339, R5 1.40914
Support levels: S1 1.38259 S2 1.37904, S3 1.37651, S4 1.37329, S5 1.36754
This week’s key levels
Weekly pivot: 1800.71
Resistance levels: R1 1845.40 R2 1873.02, R3 1892.67, R4 1917.71
Support levels: S1 1756.02, S2 1728.40, R3 1708.75, R4 1683.71
Weekly pivot: 1.39063
Resistance levels: R1 1.40365, R2 1.41169, R3 1.41742, R4 1.42471
Support levels: S1 1.37761, S2 1.36957, S3 1.36385, S4 1.35655
Free trade signals
I have created a telegram channel for those interested in signals, where I will share my business entries.
Join the Telegram
Note. I take operations over a longer period of time and run them over a shorter period of time, so you shouldn’t expect many operations in one day.
For the following, I change with a leverage of 1:25
My risk per operation ranges from 1% to 3%.
My daily goals range from 3% to 5%
Once I have achieved my daily goals, I often stop controlling the markets.
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