GOLD Planning Chart (July 11-15)

FX:XAUUSD   Gold Spot / U.S. Dollar
789 24 40
///Last week, I published 9 Pistachio charts .. all of them were within the limits of the plan///
H4 Pistachio charts are for weekly trade planning. These charts are not intended for trading. They are meant to align you with the market by giving you the direction of the market ( bullish / bearish / ranging) and the expected limits where price should move during the week.
Try to trade with the trend by waiting for price to go into the buy/sell zone before taking a position according to your trading style. Also, be realistic in your targets by using the target zone as a possible area where price could correct or even reverse.
Note: Some weeks you will notice that price will trade against my trend direction but will never break the market limits. That is just a sign that market is in a correction phase
** You can access all my Pistachio charts by clicking the 'PCP tag on my page
Comment: Connection between H4 & H1 charts...

Comment: Going very nicely
Waiting to enter the buy zone
Comment: Waiting for a good signal now
Comment: what do you think?
I think its no buy now (or yet?). H1 KS is looking down, in H4 price below TS.
narcalen narcalen
It's a very dificult for me to know when we have a trend reversal o just a correction, by now, I only look for KS and SSB, and in this chart both are down, but not always means a change of trend.
narcalen narcalen
It's very dificult for me to know when a trend revelsal has place, by now, I only look for KS and SSB, and in this chart both are going down, but many times is only a deep corectiom. tha's the reason I tell we are bearish now. Maybe a wrong idea...
To make it easy ..
1. When KS turns, we reversed BUT
2. We do not take action until we trade the CS setup
so the period between KS turn and CS setup, don't trade

There are ways to trade but for now do this until things are clearer for you
+1 Reply
narcalen Ichimoku_Trader
Thanks, I'll wait for more slides of PanOptic Method meanwhile ;-)
ok my friend
+1 Reply
Check out chartwatchers. He trades gold a lot.
Chartwatcher is a great trader and a great guy but we different systems
xiiimik Ichimoku_Trader
You mostly publish about forex. Your method, are you confident to use it on other markets like commodities or indexes?
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