Introduction If you’ve traded with a prop firm before, you already know that nothing matters more than actually getting paid. Everything else is a means to an end, the platform, the pricing, the drawdown structure, the scaling plan, because none of it counts for anything if the money doesn’t reach your bank account when you Read More…
Introduction Crude oil futures are testing a resistance band around 91 to 93. On the 4 September session price was 90.84 after tagging as high as 92.16 inside that zone. The Primary setup from here is a short off that resistance, with a stop just above Thursday’s session high at 93.15 and a target around Read More…
Oil prices soared to levels last seen in July as tensions in the Middle East escalated. After pausing for almost a month, the US and Iran were back to missile and drone attacks
Introduction Gold futures are pulling back after a strong rally stalled at the 61.8% Fibonacci retracement (4,683) and the 200-day moving average (4,638). Those two levels were close together, and that’s where the resistance came in. On the 2 September session price is 4,356. The 78% Fib near 4,400 has given way, and the 50-day Read More…
Introduction This is a follow-up to the 15 July analysis, where price was sitting around 52,901 with room to run toward 53,500–54,000 before hitting real resistance. The price has not changed much since then but did get a small bounce off the 78% Fib level and now bulls look to be finding their footing before Read More…
Oil prices fell on Thursday after Iran reached a deal with Oman to manage the Strait of Hormuz. At the same time, market participants were relieved when the US chose to use sanctions against Iran.
