• Nial Fuller

    NIAL FULLER Nial Fuller
    Professional Trader, Author & Coach

    Weekly Trade Ideas Newsletter by Nial Fuller – Dec 7th to Dec 11th, 2020

    Note On Charts: It’s imperative you are trading with a broker that offers ‘New York Close Charts‘, (a true 5 day chart that aligns with the true New York Close). Download a demo of our Preferred Broker & Charting Platform HERE.

    Chart Commentary Disclaimer: This should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments.

    Weekly Trade Ideas Newsletter by Nial Fuller – Dec 7th to Dec 11th, 2020

    GOLD (Spot) – Looking bearish after price broke down and closed below $1850 recently.

    Short Term Trend: Bearish

    Short Term Key Levels: $1640, $1670, $1750, $1790, $1850, $1905 to $1915-$1930, $1975, $2015, $2070

    Price Action Signals: Price broke down from a Multiple Inside Bar pattern at the $1850 key level recently. (event area).

    Potential Trade Ideas: We are considering trading shorts after a retracement higher in prices and from a bearish price action signal on the 4 hour or daily chart, from within the $1850 to $1905 resistance zone. Refer to the members newsletter for more details and updates this week.

    NOTE – You can trade Spot GOLD via the preferred trading platform we use HERE.

    EURUSD (Spot) – Looking very bullish after price broke out and closed above 1.1915 recently.

    Short Term Trend: Bullish

    Short Term Key Levels: 1.1180, 1.1415, 1.1500’s, 1.1610, 1.1750 to 1.1830, 1.1915, 1.1960, 1.2010-80, 1.2240.

    Price Action Signals: none presently.

    Potential Trade Idea: We are considering trading longs after a minor retracement lower in prices, and/or from a bullish price action signal, whilst price holds above the 1.1830 to 1.1915 short term support zone. Refer to the members newsletter for more details and updates this week.

    NOTE – You can trade Spot EURUSD via the preferred trading platform we use HERE.

    CRUDE OIL (Futures) – Trend could continue higher after a bullish Fakey setup triggered last week.

    Short Term Trend: Bullish

    Short Term Key Levels: $28.60, $34.50, $36.60, $38.70, $41.60 to $42.50 area, $43.50, $46.20, $48.50.

    Price Action Signals: The bullish Fakey Setup from last week activated and triggered a small move higher which has not really followed through yet.

    Potential Trade Idea: We are considering trading longs from the current Fakey setup, OR from another price action buy signal on the 4 hour or daily chart time frame, whilst price holds above the $38.70 support level. Refer to the members newsletter for more details and updates this week.

    NOTE – You can trade CRUDE OIL Futures via the preferred trading platform we use HERE.

    Members Get Nial Fuller’s Trade Ideas & Chart Analysis on 10 Markets Each Day…
    All Members of Nial Fuller’s trading courses & members area get access to Nial’s weekly and daily trade ideas newsletter. You will get potential trade ideas and technical chart analysis on Currency Pairs, Commodities, Stock Indices and more. For More Info visit the Membership Page Here.

    Please Leave A Comment Below With Your Questions or Feedback.

    Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.

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    Nial Fuller

    About Nial Fuller

    is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
    Nial Fuller Professional Trading Course Preferred broker 2020 v1
    1. Nelson

      Groot man GOD BLESS YOU FOR SHARING YOUR KNOWLEDGE AND WISDOM…

      Reply
    2. Richard V Gomez

      Thanks Nail
      You are an inspiration!

      Reply
    3. Refilwe Lebona

      Very interesting

      Reply
    4. Moses

      Thanks Master

      Reply
    5. Bùi Tuấn

      How do you draw the highest key level of Crude Oils Future?

      Reply
    6. Mavis Mkhize

      Mr. Nail
      You are really my inspiration in Trading

      Reply

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