u-mlh

forker forker PRO GC1!, D, Long ,
GC1!: GC - Gold pulling back to U-MLH support.
83 0 8
GC1!, D Long
GC - Gold pulling back to U-MLH support.

The breakout of the U-MLH (yellow) set the tone for Gold. Now, with this scary pullback, many long positioned traders get stopped out and positions change hands I will stalk a entry long as soon I see some stabilisation at the U-MLH. P!

forker forker PRO C, D, Short ,
C: C - Citigroup respects the Medianlines.
67 2 9
C, D Short
C - Citigroup respects the Medianlines.

Price gapped up to the seller zone to the tick. Even price made a hagopian, means that price did not reached the centerline, I bet on the short side since C. is respecting the Medianlines so good. P!

forker forker PRO GC1!, D,
GC1!: GC - Gold, do it again...
168 6 9
GC1!, D
GC - Gold, do it again...

Here we are at the U-MLH. Do we turn again south from here? Dunno... What I really know is, that price will reach the centerline over 80%. So, from the perspective of the whit, upsloping fork, I would not initiate a short trade with a longer term perspective... So lets just observe how price closes. Above the blue U-MLH or below and how support will come in ...

forker forker PRO RUT, W, Short ,
RUT: RUT - Russel likes to bounce it's head on the ceiling
39 0 12
RUT, W Short
RUT - Russel likes to bounce it's head on the ceiling

As bevor in 2015, price bounced twice on the ceiling. The tiny support is not really something, but it is kinda confirming with the last down Bar. From here the pullback shall happen so we can enter short or buy more Butterflys for a soar into profits hehe... Happy new week to all. P!

forker forker PRO TKR, D, Short ,
TKR: TKR - Built On Thin Pillars
23 0 3
TKR, D Short
TKR - Built On Thin Pillars

I just think "short" when I see such moves up. ...but have to keep in mind, that markets can go up infinite. Chances to reach the centerline is very high.

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