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.
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For those who are pain free, don't sell guys. 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..
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Small buy on opening to 1315 can work out good. In my case it is around 2k profit. Let's try.
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Okay, 5 lot buy was entered right on opening. TP 1315.00 Let's see how it works out
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Will be almost 30 pips, approx 2,5k in profit, not bad at all.
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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
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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?
1315 became minor swing support. Can it hold selling pressure from wave 6 while 1316 not broken... Will see.
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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.
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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
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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!
Thank you for your ideas and constant updates. Any new ideas or thoughts about possible lows? I have 2 point now. First, we have seen it already in Friday. Second, we are going to see 1296-1203 tomorrow. Personally I prefer first one. Waiting for a huge grow. Good luck in all the trades.
UnknownUnicorn163516
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1296-1303 sure. Or Freud typo maybe :)
TheZabisyu
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Tomorrow based on HFTM we will see. I am not trying to think here a lot.. I just wait for a signal. Let the guessing works and predicting for other professors.
Cheers.
UnknownUnicorn163516
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I see. Good evening to you. All the best wishes from my side.
TheZabisyu
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thanks! Likewise!
Fib_Predictor
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Hey Mosh, no update yet?
TheZabisyu
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Yep.. sorry.
albertwt
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Whoa... it actually breaks the barrier sir !
I guess this time the bull is already out....