tntsunrise
Short

This is My 1000th View : Thank you All!

FX:XAUUSD   Gold/U.S. Dollar
2140 13 95
This is My 1000th View :
Thank you all, my friends!
Thank you ,TradingView, such a nice platform
for me to keep all my ideas.
I will continue to publish Idea here. :)

Gold             breaks 1207 the 0.618 level.
However, a potential Shark Pattern
formed at 1281.15, the inverse 1.618 Level.
together with 0.886 FIB level.
and look left there is good structure.
I did not short gold             yesterday,
Stay Calm, and Do my Analysis
Now I have a plan in my heart and I am going
to wait patiently for the Inverse 1.618 Level
to come and short
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IvanLabrie PRO
10 months ago
Hi Jack.
Great work so far, congratulations.

I did short gold (at 1258), but only as a pair trade (long term long oil, short gold, no stop loss, size based on monthly ATR)

If we get to your shark completion, I'll reshort, but this time with a stop loss, as a stand alone trade. I have monthly resistance at 1282.84, if crossed, and seeing a monthly close above, we'd be in big trouble (but it's highly unlikely).

I doubt we might fill the Shark now though, it's possible too. Good luck, and I hope we do get there, to short again with good reward vs risk.

Cheers,

Ivan.
Reply
tntsunrise TOP IvanLabrie
10 months ago
Hi, Ivan: Thanks for your wishes! Short Gold and Long OIL is a good Cross pair coz the ratio of GOLD VS OIL is too high. I think 1280-1282 will be a very nice place to short Gold and it will go back to test the channel.
+2 Reply
Bankster
10 months ago
Hi tnt, what was about your reentered short @1207, after your first short @1190 was stopped out? I'm a little bit confused to follow the statement, you say you did not short yesterday but the 1207 reentered short was active?
+1 Reply
tntsunrise TOP Bankster
10 months ago
That 1207 Short is based on the FIB 0.618 LEVEL, with a tight SL at the hourly High, After it breaks out to 1214 , no more short is entered. Thanks for your comment
Reply
jaejames
10 months ago
Great setup sir, congratulation and thanks for posting so many idea since it makes me learn a lot.
Reply
tntsunrise TOP jaejames
10 months ago
thank you James! All the best in 2016!
Reply
guti142008 PRO
10 months ago
It's really good when you are here sir, thank you so much!
Reply
luxiangyang
10 months ago
good!
Reply
Link77 PRO
10 months ago
Congratulations on 1000 views sir, I truly appreciate your analysis and posts. Great work!
Reply
Marvin
10 months ago
Great stuff Jack. Your many followers truly appreciate all you are doing here, and hope you continue.
Reply
manish_damani
10 months ago
I think before that once test 1190 wat you says.
Reply
HumphreyNR
10 months ago
Great job sir. Your ideas have made me learn a lot, and are very much appreciated. All the best!
Reply
Quant
10 months ago
Trade well, sir. Thank you for sharing your work. Gold has broken through the 1200 level and closed above. According to my work 1370-1400 could be the next major resistance level. Central bankers are heading to negative interest rates, 10 year Treasury continues its historical decline .65 lower end of channel. The yellow metal could shine brighter. Spreads between 10-2 Treasury is flatten. Buy low sell high.
Reply
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