GOLD / 500oz swing / Sellers n Buyers.

FX:XAUUSD   Gold Spot / U.S. Dollar

I will enter sell from 83 with TP 74.
And use 74 to buy with target 1317.
Trade active: Sell active ( considering spread, price slippage )
Trade active: Trade still active
Comment: Stop to BE moved
Trade closed manually: I close trade, no active orders! I will get in later.
By JAFR theory I have calculated that Trump should be president, and Gold should see 1430 first before 1180
Refer to this idea.
Trade active: Well I opened risky buy SL 1270
Comment: Long entry 1273.8
Comment: Guys if you are long with me from 74ish.. And if you Value your capital more than greed.. I suggest you to close the position before market close.. A lot of bad surprises can happen in that 1 hour while gold is closed.. and on opening SL won't save you.. Just a friendly suggestion.. remember that there will be plenty to come.
I will close mine it is too risky to keep it open while you are no able to access the market.. and in that 1 hour sudden news can come out or smth.. Be smart.

If my calculations are right and this will go up.. we can catch it later at keylevels.
Do what you think is right here, and be safe!
Comment: Yes, I forgat.. The first results come out right on Gold close.. I don't dare to keep long open in this situation.
Comment: Good that I was out before close.
Comment: Hilarious if market will go down to touch the unseen transition 1265 and go back up.. lol
Comment: If market really come down just to reach that unseen point 1265 and reverse.. that will be a surprise, because 1265 is the only target still remaining for downside movement as gold should reach 1317.
On the flip side if we break 62 we go down to 1250 1240 again.
Let's see will it reach that 1265 and reverse.. lol
Comment: Heading Towards Daily level is 1279, we should see it whatsoever. Almost always this level is seen after close.. it's like a decision level for daily swings.
Comment: Well that 79 was kinda fast lol. I have a buy from 73.. decided to open on my own, but it was and still is a risky one!
I moved SL to BE.
Comment: I trail stop my 1273 long.
Comment: I took a look at more precious price feed from wath big banks have.. we tagged 1265 today and reversed.. it was 1265.43.. broker didn't apparently receive this price.. I dont see it on brokers..
So market still needed to touch it..
I still have to work on timing.. and divide transitions in two parts.. but 1265 was tested today.
Comment: /// 19 hours ago /// By JAFR theory I have calculated that Trump should be president :)
Comment: I will do temporary JAFR target calculation and see where the gold is going temporary.
I doubled my trading account today with longs.. I have no position opened now.. I will do recalculation and see where we are heading.
Comment: By the way.. Ideal transition recipe for long.
Broke up tested.. broke up tested.. and boom.
Todays transitions
TP, JAFR really worked :-) congrats!!!
"I doubled my trading account today with longs.." can you tell me the trade that lead to doubling? I mean what did you trade from where to where? want to learn how to trade gold on such swings (i assume it is options? or leveraged instruments)?
@2use, long from 1273 and 1291 with closing point at 1321 is what lead to that.
2use TheZabisyu
@TPparadigma, I mean what instruments do you use to double the account on a move of 18 between those numbers (for instance, gdx and similar will move 4-5% only)
@2use, lol bro. Big lot buy no?
2use TheZabisyu
@TPparadigma, by double you mean that your investment went 100%? So what do you invest in (irrespective of the amount) that goes double from 5% - i assume something that is 20x of leverage or more?
@2use, This is going too far, Sir. I don't understand why you are so emotionaly invested in how much I make? If you have 10k, open 5 lot buy, and make another 10k on your account from 10$ move.. Done. Take care.
2use TheZabisyu
@TPparadigma, Yeah, i wrote it in the first one - because i have no clue on how to and want to learn, with no offense or emotion whatsoever. Like i learn from great ideas - so one is to learn and understand the idea, but the other is how to make the money from it. For instance i don't quite understand on what is a 5 lot from which a 10k an be made from 10k by a 10 dollar move. I was hoping you can teach me on this with naming the instrument (is it a certificate, or something leveraged, what tick is it)? So i was indicated as i am not subjecting you, or being inquisitive - i'm asking to learn something i see is simple, but is not yet in my knowledge bag. Thanx for educating and sharing.
@2use, Bro, you could just write me PM instead of chatting here, with questions that you have. Cheers.
@2use, In case you didn't PM Bruno (aka TPp):
He caught a USD 48 and a USD 30 move in gold (XAUUSD). Not sure if he traded 5 lots in all or 5 lots per trade. If it was 5 lots per trade it's a profit of about USD 39,000.
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