guys i am looking for buy , but we need OK comes , ok = pinbar in 60-240-daily chart com e or price break 15min chart last trendline (green line in photo)
then we must buy and put SL in day low (low size ,,, never pick big size = 100% margincall
pro trader money managment for gold = per 1000$ max 0.01 lot , if your balance is 15000$ you size max = 0.15 lot...
high = 1869
guys , after touch , wait OK comes then inter , dont pick posation without OK
OK = pinbar comes on 1hour or 4hour or daily or in 15min chart , price break last up side trendline to up like 1hour ago , price break trendline (3angel)
under 1876 support and under red arrow pick very very very low size sell posible but after OK comes and...
In today's post, I will speak about my plan in case of a bearish resolution in gold.
The first thing is the formation I want to see before trading. I have defined 2 conditions.
a) I want to observe a clear ABC pattern.
b) The price must get close to the resistance level.
IF those conditions happen , I would be interested in developing setups below B...
how we must draw our chart ? secret of stable ,low risk , long term win
1- frist go to daily chart , draw only vety important supports +trendlines + fibo ok?
then come to 4hour again draw them (dont draw all , only draw lines ,pro, other can see them)
then comes to 60min then 15min
2- on gold add SMA200 too and AC indicator (( in index like dow,dax...
The GC daily time frame is in a long term up trend.
The market formed a low price near the up trend
line and pushed bullish. The market broke and
closed above the short term down trend line. It
will be a good idea to turn to the one hour time
frame and to look for long ideas in the buy zone
towards the daily limit price point 1996.8
about +1,468 Ticks above the...
Whoo Hoo, only managed to drop $140 form where I was being told it was a Buy.
Yeah, nw, wrong again.
Peter, Lynette, Dave and crew can continue to wank the Bugs, it's healthy.
10year pulling back with DX will provide some taiwinds for the Yellow Dawg.
Ultimately Uncle Kook will be coming for...
The GC daily time frame is in an up trend. The
market is at a low price just above the up trend
line. There is a down Fibonacci Gartley with
an extension price point 1781.7 about -300 ticks
below the market. The monthly and daily time
frames are showing the buyers are getting ready
to take control and bring the market up. It will
be a good idea to turn to the one...
see AC indicator and pinbar exactly , they doing their job exclent , i have 2 buy still open 1- from 6 days ago 1800 and 2- today low , i move SL to open price , i try wait 7-8 day to 1915
technical say :in coming week gold will see 1865 but fibo 61% = 1915 is gold target , if it can break 1915 big trendline , door will open for 2100
if you dont have...
On gold, we have observed contact with a daily trendline. What's next from here?
Today's post is about understanding the importance of thinking in terms of multiple directions and outcomes. Most of the time we focus only on one direction. "I think this is Bullish" or, "I think this is Bearish" But what if that's not the case? Do you have a plan to follow in...
Hello Everyone! Few days without posting. Let's go back with a post on Gold.
On the precious metal, I have a pending setup that was not activated yet. I'm currently using GC! (gold futures) as the instrument to gain exposure to this asset.
Here is the explanation of my setup. Let's get started.
As the price reached a key level and made a clear corrective...
Last month I was stopped out on a bullish setup on gold, that was looking to get exposure to a new bullish movement above the previous all-time high zone. However, the setup didn't go as expected and my stop loss was triggered. Remember, always let your stop loss gently take you out of the market, and assume that controlled loss. Now is time to redefine the next...
XAUUSD is one of my favorite assets to trade alongside S&P500, Crude oil, and BTC.
I'm interested in the current zone because we are on the upper level of the range where the price has been moving since May 2021. It's from this type of situation where we tend to observe reversal movements or breakouts of the level for further bullish movements.
we can pick very very low size sell in 1853 -1855 area with sl=10.00 point trailstop=10.00
see AC indicator in daily chart , it is only indicator give buy in low ( price break laat high,low is important for AC)
gold target = as i say before in yesterday analyse = 1862 then 1920
alert= news can comes so 100% put SL , news not in my hand , for this ...
A correction in the DX will provide Flow Info for Gold
should the Peak Inflation narrative capture the mindshare
Gold is on a knife's edge.
Boom boom directly ahead.
1780 to 1690 remains the lower range, with 1828 the
short term pivot, with 1888 the Key level for a retest of
the higher end of the short-term...
After reaching parity with the Swiss Franc Facta, the DXY peaked ST over 1.05.
Our TOSS level was 104.55, it has been met Short Term on a Throw Over.
It's nowhere near done moving higher, but for now, will range to digest a large
move into the Safety Trade
It did peak while sentiment was reaching extremes unseen. Again we do not
expect Extreme Fear readings...
wait 15min chart green trendline break or pinbar comes on high timeframe , then pick buy with SL=day low tp= upper red line near fibo 61% wait time = 7 day
reach SL in 100 pos like this condition = 15 reach TP in 100 pos = 85%
if you have old sell , close it now and looking for buy
note = gold in low can zigzag or range then start + up trend ,,,,...