This is the last trading day this week, so all we need to do is end it up as good as we have been all these days.
We should be fine.
I am buying at 1256.5
Floating levels go higher.
Transitions both at the same level ( rare )
Today we trade two events live with High Frequency Machine.
Retail Sales and Yellen speech, since both should have high impact.
If I get signal before Retail Sales, I ass to my longs just before news.
Later on If I get signal on Yellen Speech, I add to my longs again.
Event live on Periscope.
We trade them just because I hate to not be in in such moves!
When news arrive, big move is already done a.k.a money gone!
Gold constants / sentiment based on JAFR. King GOLD!!
I can expect some DD on this, but I'll handle it. Trade with care and be safe!
We saw a Transition test back at 1256, and dump!
For now it shows SHORT signal meaning that when Retail Sales hit the market momentum should be short, where it goes after momentum is not predictable by HFT.
I will be as always doing live translation, and updating here for those who cannot attend!
I keep rights to cancel the event at any moment!
We should test 1255.
Where did I F up? The whole week I was right, now just because of a minor DD people start to talk crap!
The only place where I F up today was with not closing the sell at 1256. I woke up, I saw it was broken downwards, and I knew it will test back 1256, and I had a feeling that 1252 will be seen, I writed it, I updated! I didn't said to close the buy because I had faith in 1254 - sub transition. It didn't held! Gold got down for that 52, that I said!
It reached 45? Well damn it go back and look up my latest ideas! See where the wave 5 0% was. See where the TP2 from wave 6 was. It all was there. Look at the chart now. It all is reached! I just didn't react properly!
What is the problem? Gold should test back 1255. You will cover your long with little to no minus.
I got out in Periscope on the event, I told it is short, it was short.
Show some respect, for hard work that is being put in every day.
There are a lot of numbers, anlaysis involved, and I am just a human being, not a robot.
And this will end up anyway with little to no minus.
If you are so smart, than post your ideas, and show me what is in your wheel house.
That's my rant, because of PM's I got.
All you show is you are full of emotions, blind, and without any patience whatsoever.
Let''s wait for 1255.
And Don't forget we trade Jane Yellen later today!
Once again I Repeat, gold should test back 1255 transition like it did with 56 today before the dump! I highly suggest you to close the buy there. It will be little to no minus there.
Regarding my buy, I will not close it bcz of some reasons, and hold it!
But please, do your due diligence and close it, I suggest you to do it.
Patience is the key virtue of good investors.
I am not gojng to open any new trades after that! Soon Yellen Speech!
I am out of business till Yellen!
HFT is signaling Bullish for now, but still something may change. Let's see!
I will make an Idea tomorrow with interesting thing for you guys!
Peace and have a great weekend!