SO PART 1 IS READY. PART 2 WILL BE READY TO READ WHEN PART 3 IS POSTED.
In this chart:
A - trendline connecting 1981 and 2011 highs
B - trendline connecting 2011 and 2020 highs
C - trendlind connecting May 2019, March 2020 and March 2021 lows
D - all time high resistance
E - slope of last 600+ point move low to high
F - slope of support for said move
GC one hour time frame is just under the current one hour Fibonacci extension. The market normally pulls back bearish after a Fibonacci extension is hit. After the market pulls back, the research shows as long as the market stays in the buy zone, looking for a counter trend line break entry at a low price in the buy zone is a good idea. The research shows the...
WATCHOUT FOR FOMC RUGPULL
Don't have a bunch of time so:
1. This is generically what it shows right now (regressions combined with Elliot Waves)
2. Needs wave 5 to complete 1-2, 1-
3. And then goes into pullback to 4/27 to complete 1-2, 1-2.
FOR SERIOUS PEOPLE ONLY
Since this is "PART 1", I am obviously planning more parts to this. Because of the chart intensive nature of what I want to portray, THIS SHOULD NOT BE READ NOW (b/c it is not complete), THIS SHOULD BE READ WHEN I POST "PART 2". So if you are viewing this now and there's nothing to read, come back and READ PART 1 WHEN I POST PART 2. ...
The GC one hour time frame is in an up trend. The market is making higher highs and higher lows. The market is at a low price near a known level of U-turn. If the market can hold at support and break above a counter trend line bullish. The research shows it can push bullish towards the Fibonacci extension. The key is waiting for the U-turn.
DON'T TRY THIS AT HOME.
1. New relative high today 1783, disappointing, b/c wanted to see 1793.
2. That makes ceiling through Tuesday AM 1815.
3. This chart is 36-min bars.
4. Anything under 2 hour bars NOTORIOUSLY DIFFICULT TO PATH RIGHT.
5. Take this with 20 packets of salt of IHOP salt.
6. The boxes are meticulously planned.
7. I really think...
Note the similarities in price action within the highlighted areas at the levels plotted... now, let's see what happened at those times and what similarities we can find in the fundamentals.
The Great Crash of ‘79
The Dow Jones Industrial index peaked at $897 on Friday October 5th, 1979. On Saturday the Federal Reserve and Chairman Paul Volcker adopted new...
gold,silver are super trendy ok? ,for this when it goes up ,never open sell ,you must try to inter trend,looking for buy (buystop on high i advice before is this)
place you must inter buy now = above green arrow you must buy (buylimit) with sl in last low or 6.00$
keep looking daily chart EMA200 and SMA200 and AC(or stoch)...
The GC one hour time frame is in an up channel.
the market hit the top of the channel and pushed
bearish. I am waiting for the market to form a
low either at the bottom of the channel or above
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone.
LIMIT: If entry is at the bottom...
frist on your platform open new clean chart and add these on it ,dont add other thing
on gold main chart time frame=15-60-1440min you must check always them ok?
1-stochastic 5-3-3 simple
2-AC accelator occilator (very important on 60-1440min chart)
3-sma200 simplee movinng avrage 200
you must use MTF(multi time frame ma) put sma200 15-60-1440min on...
THIS IS THE FAVORITE NOW, BUT...
I can write 20 pages for this chart, this is all I have time for. This is EVERYTHING I HAVE DEVELOPED up to this point
4/11 - (first vertical line) new moon
4/13 - (2nd) 8:30 AM, Consumer Price Index (possible event driver)
4/28 - (3rd) FOMC
5/07 - (4th) May non-farm payrolls (NFP)
5/11 - (last) new...
The price is at the 1.618 extension which gold seems to sometimes respect, and the bulls were able to defend the small bounce of the past month.
This is the 3 drives pattern trade that I just criticized in my USDCAD idea 😂 but I'm buying for other reasons, the major problem I mentionned (other than absolutely wanting to go...
FINALLY GOT THE SPIKE WE WERE LOOKING FOR, SO?
1. I'm a believer that strength is strength and weakness is weakness. Since it's slower than I expected, the ceiling to 04/23 should be 1852 not 1882.
2. With the unlikely exception that is Gold goes straight through 1815 overnight in which case follow the strongest line here.
3. Otherwise, these two boxes...
"This may be just stops getting taken out above 1760. We hit 1770 and drop again. Waiting for a close above 1800 for confirmation. Plenty of upside thereafter. Either way, MT risk/reward is UP!!"
important buylimit place we must put =red support , fibo 61% gold in way to 1850
advice for pro trade = reduce your levrage to 10 and dont open big lot more than 1000$ balance max 0.01 lot (or 10$) (stand on fix size ,dont increase size)
100% put SL on high/low 15min chart and TP=3*SL
try wait more on profit position(new traders close + pos soon,...