FX:XAUUSD   Gold / U.S. Dollar
578 19 36
** If you like my analysis, be kind to express it .. press the thumbs up button (top left)
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
Dollar is strong in all pairs. Bullish on DXY. isn't that means we could think and act as bearish?
Reply
Ichimoku_Trader CryptoTraderOne
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
I see..
Thanks a lot.
Reply
Ichimoku_Trader CryptoTraderOne
Thank you

Go down the timeframes and you can trade it from a trend trader perspective ;)
Reply
Ichimoku_Trader CryptoTraderOne
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
Agree, this chart was awful. But now it has moved strongly downside
Reply
Gluckmann PRO Gluckmann
snapshot
Reply
Agreed again
But this is M240

Nice chart by the way
Reply
Gluckmann PRO Ichimoku_Trader
Thanks mate
Reply
Yes on lower timeframes it is tradable as bearish. But on the daily, still it is not.
+1 Reply
Gluckmann PRO Ichimoku_Trader
Completely agree!
Reply
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 PRO Ichimoku_Trader
Indeed mate, we are just small ships riding the waves!
Reply
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
i'd just stay clear for now!
Reply
Good idea

just until things are clearer

Good luck
Reply
Ichimoku_Trader The_Great_Motas
Thanks

A bit ;)
Reply
Thanx for the update!!!!
Reply
My pleasure
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out