FX:XAUUSD   Gold/U.S. Dollar
575 19 36
6 months ago
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6 months ago
Comment: It looks like I'm soon going to be decided.
Now i can see it:
Gold breaks the CL and become bearish. It then goes for a correction and silver completes its up move to the top of my channel. Then both of them go down, silver to the bottom of the channel and gold God knows to where..

Maybe
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CryptoTraderOne
6 months ago
Dollar is strong in all pairs. Bullish on DXY. isn't that means we could think and act as bearish?
Reply
Ichimoku_Trader CryptoTraderOne
6 months ago
from that perspective you are correct...
From the perspective of a trend trader, like myself, you are incorrect because a trend trader always trades in the direction of the trend on his timeframe

Thank you for your comment
+1 Reply
CryptoTraderOne Ichimoku_Trader
6 months ago
I see..
Thanks a lot.
Reply
Ichimoku_Trader CryptoTraderOne
6 months ago
Thank you

Go down the timeframes and you can trade it from a trend trader perspective ;)
Reply
Ichimoku_Trader CryptoTraderOne
6 months ago
By the way, I was bearish a long time ago (check the monthly chart i did a while back), but the market wanted to put me in my place, so it went and did a bull trap and now it's doing what I thought it would do before. The market is the boss .. as always
+1 Reply
Gluckmann
6 months ago
Agree, this chart was awful. But now it has moved strongly downside
Reply
Gluckmann Gluckmann
6 months ago
snapshot
Reply
Ichimoku_Trader Gluckmann
6 months ago
Agreed again
But this is M240

Nice chart by the way
Reply
Gluckmann Ichimoku_Trader
6 months ago
Thanks mate
Reply
Ichimoku_Trader Gluckmann
6 months ago
Yes on lower timeframes it is tradable as bearish. But on the daily, still it is not.
+1 Reply
Gluckmann Ichimoku_Trader
6 months ago
Completely agree!
Reply
Ichimoku_Trader Gluckmann
6 months ago
By the way, I was bearish a long time ago (check the monthly chart i did a while back), but the market wanted to put me in my place, so it went and did a bull trap and now it's doing what I thought it would do before. The market is the boss .. as always
Reply
Gluckmann Ichimoku_Trader
6 months ago
Indeed mate, we are just small ships riding the waves!
Reply
The_Great_Motas
6 months ago
Thank you for that very helpful "analysis."

"It is difficult to be a bull and difficult to be a bear."

Trade much?
Reply
blake200 The_Great_Motas
6 months ago
i'd just stay clear for now!
Reply
Ichimoku_Trader blake200
6 months ago
Good idea

just until things are clearer

Good luck
Reply
Ichimoku_Trader The_Great_Motas
6 months ago
Thanks

A bit ;)
Reply
Vytasbcn
6 months ago
Thanx for the update!!!!
Reply
Ichimoku_Trader Vytasbcn
6 months ago
My pleasure
Reply
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