GOLD / 500oz swing / High Frequency /Building Permits Direction
Hello, guys!
I won't write much here, and post screenshoots this time.
People been asking can I say direction before Building Permits, and I say - Yes I can.
I see the same daily swing picture I had seen before.
Sell signal is strong, only difference is, that if we break 1316, we can see a daily swing rally to 1330 in no time.
Because of that, I will try to say the direction before Building permits data arrive with HF.
Right now I would look for sells from 1315-16 area.
I will update during the day, and especially before Building Permits.
If HF shows Long signal before Building Permits, we have a chance to break 1316 and rally to 1330, very fast.
I will look where the price will be close to before news, and react properly on what HF shows!
If HF shows long 2 mins before news, I want to close my sells.
TPP.
I won't write much here, and post screenshoots this time.
People been asking can I say direction before Building Permits, and I say - Yes I can.
I see the same daily swing picture I had seen before.
Sell signal is strong, only difference is, that if we break 1316, we can see a daily swing rally to 1330 in no time.
Because of that, I will try to say the direction before Building permits data arrive with HF.
Right now I would look for sells from 1315-16 area.
I will update during the day, and especially before Building Permits.
If HF shows Long signal before Building Permits, we have a chance to break 1316 and rally to 1330, very fast.
I will look where the price will be close to before news, and react properly on what HF shows!
If HF shows long 2 mins before news, I want to close my sells.
TPP.
Comment:
Small buy on opening to 1315 can work out good. In my case it is around 2k profit.
Let's try.
Let's try.
Trade active:
Okay, 5 lot buy was entered right on opening. TP 1315.00
Let's see how it works out
Let's see how it works out
Comment:
Will be almost 30 pips, approx 2,5k in profit, not bad at all.
Comment:
I have no Sell limit placed, I will watch how price acts. 1315,16 should send Gold down to 1312, then 1306 again, but I will see how Price behaves, and update.
Trade closed: target reached:
I like when MHI us above close that high! Always reached, but rare when U can get it high enough..
2,6k guys.
Now let's see!! huh.. can we sell?
2,6k guys.
Now let's see!! huh.. can we sell?
Trade active:
Okay F it. Sell entered from 1314.
Comment:
Comment:
1315 became minor swing support.
Can it hold selling pressure from wave 6 while 1316 not broken... Will see.
Can it hold selling pressure from wave 6 while 1316 not broken... Will see.
Comment:
It can break 1316 and rally. If that happens watch for 21.
But Like I said based on Daily swing rally to 1330 is very possible if 1316 is broken.
Going to sleep.. see you all before Building permits.
But Like I said based on Daily swing rally to 1330 is very possible if 1316 is broken.
Going to sleep.. see you all before Building permits.
Comment:
Once it dives under 1315 it confirms the failure to break current swirl again ( 1316 ).. Let's see hnow this develops..
Trade closed: target reached:
Hello. Sell worked out fine. False break 1316...
1312 reached.
I am sorry I didn't update before Building Permits. As you may know High Frequency requires fastest internet connection available. My internet provider had Issues right on that moment. Because of that I did not update, because that could lead to failure.
Cheers!
1312 reached.
I am sorry I didn't update before Building Permits. As you may know High Frequency requires fastest internet connection available. My internet provider had Issues right on that moment. Because of that I did not update, because that could lead to failure.
Cheers!
Comment:
For those who have hedge positions ( in pain )..
Hold sells, wait for Building Permits, I will update this Idea 2 mins before with HF signal.
If it is long we have a chance to close sell, and see rally to 1330 so this way you can gain more margin... But have to wait and see where the price will be before BP..