ta96ninja

Current Weekly Inverse Trampoline in Gold

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
The weekly Gold inverse trampoline could well have
been aided in "timing" by dropping to a lower TF.
Turns occur on smaller TFs first, and (ideally) move
up in TFs. During the week of Nov 15-19, the
15min printed a potential H&S. I've noted
several inverse tramps on this TF, both
occurring within the weekly inv. tramp.
The 3/10/16 pitched in on both,
first showing a hidden divergence (trend continuation)
(higher osc reading with lower price reading ),
and the 2nd a 1st Cross (short). A drawback (for some)
with this approach is the need to constantly monitor
the lower TF(s). Its really a matter of risk/reward
ratio improvement vs monitoring time required.
This is but one approach.
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