This idea is more for my record / journal. Currently I experienced max draw down 25 dollars so far on Long gold trade which is actually not the worst drawdown seen considering that there are people with long entries above 1300 I have a bad entry and timing on this trade. But I am a man that trust in my own strategy even if I lose. It's already enough seeing...
New month, means new data and full recalculation, is what I was working on. Bear key levels are way too deep down, not even near where we are now. Everything under Permanent Volume yearly target ( 1180 that I mention ) is a part of SL hunt game. Frequency rollover yesterday completed and gold is ready for this new month. HINT - I will enjoy Monday ( December 5 )...
Nothing change on intraday basis, the only difference is that some levels today move below close price are located @1187. Therefore we may se bullish Asia. 1185 > 1182 support bulls too. I stick to my initial trade/ idea anyway:
Some followers do request intraday idea updates as a follow up to our long term trade, so here it goes. Majority of my followers are long from green rectangle area. Some got 1174, some 1180, some 1185. My current " set and foget " long is 1185. Close price above 1192 is amazing sign intraday and gold should now go up to re-visit 1197 again as it is a Heading...
If you don't understand what is that mess on the chart, this idea can give you an insight. On my gold table I have done selling it both Temporary and Permanent Volume targets are reached, and those who care fundamentals, don't worry no rate hike will ocurr this year, since gold has spoken. I have set my buys on gold for now. Next place where I am about to...
Hi. Spent long time analysing the gold. I strongly believe in my calculations that gold is done dropping for now. It came to see both my temporary target 1193, and permanent volume target 1180. This was the bear pancake, now bring the Jam. By frequency calculations gold has to fall like under 1170 and spend there at least 3 days to say that bulls are not...
Wanted to make this clear with big picture. As you know I told you gold is to reach 1383 at least. But can fall to 1193 ( not obligated ) If gold falls I will buy at 1194.00 , 1186.00 and 1181.00. If gold does not fall, I will buy from 1235.00. For a target 1383.00 > 1393.00 > 1430.00. I don't see gold going lower than 1180.00 because the target 1383 is not...
As in life the same in forex , sometimes we create a problem . And we always think that problem needs to be solved with our interaction, but in 99% of cases because of emotions we make the problem more complicated thus creating even bigger problems . Sometimes just a pure time / patience can solve the problem without our interaction. All we have...
Welcome to the new week of trading. I plan to sell around 1210ish and finally get my 1193 if situation doesn't change. And 1193ish is where I start to look for em bottom buys. Bifurcation theory I recently apply on trading so after some tests we'll see what's up! I will update as always. Cheers.
Hi Guys!, In my opinion, gold (currently bearish) will head lower to $1190's (short-med term) and then to the $1180's once Yellen announces a rate hike early Dec. (Which I think will happen) Long after she hikes, will head back to the uptrend channel and ride it back to the $1300's+. Yes, I'm a novice and open to any criticism. My first published idea....
Not sure if that can happen Monday, but this is approx what I would like to see ( daily ). I want spike down, and close above 1202, if higher, that is even better. As I get sell setup from 1210. Maybe spike lower till base 100 ( 1186 ). Can Monday do it not sure, but as you know things happen when they are less expected. This is just a projection of How I would...
Hello! I hope you had a great week, although not a lot of action happened, but still I am happy as gold is approaching the bottom and soon the route to 1383 will be started. People ask me some questions and there are 2 main questions that I will answer. First about my project 1 to 100, where I try to build 100k from 1k deposit. People ask me how I can...
Metal Cruisers are running out of time. Gold has to get above 1234. for situation to stabilize. I may enjoy this Friday, time and close price will tell more. " 1193 in hoc signo vinces " When you come home.. I'll solve this. Safe trading.
Well, gold is always ruthless. It closed under 1225 bringing 1193 back on table, I will hedge my long orders right on opening in red box and close them only if we get above 1234, once we get above that route to 1383 has started. My trading involves dynamic levels where old Resistances / supports are not reused for next day, so don't ask me why my plan change. I am...
On opening I made my first test buy from 1226. It is my first buy on the road to 1383. Once Gold pass 1233 I add to my orders. I am ready to hold this for long time since it can take much for gold to reach initial target 1383. Good Luck.