Most probably will be buying on opening, taking half off at 1136, and other half at 1140, afterwards will try to sell from 1140 with stops 2-3$ above since gold has a chance to visit 1156.
All updates below this idea during trading session.
Thanks to @pixi for showing me some chart tricks and tips.
As requested getting back to intraday, swing, scalping etc stuff with frequent updates.
All trading calls, updates will be posted below as we go.
This is Friday December 16th Idea.
Opened fresh account where I will be taking these calls myself.
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Good Luck.
Over past few weeks some followers that follow me since I am on TV write me that I should get back on intraday trading.
When we traded intraday with frequent updates we got some great results, and I can agree with that.
" Get back old TPP that we knew before "
This is harder for me since it requires chart baby siting, but okay, let's get back to intraday...
Analysis turned out to be completelly wrong and previous entries where to early to come in.
Broker Stoped me out as I approached 30% mark with overall loss 219k eur.
I managed to close UJ trade with zero loss just before FOMC since HFT generated overall Short signal meaning xxx/usd down and usd/xxx up, and since it was close to my entry I decided to close the...
I am almost complete with my 2 years research on new dynamic trading , so in simple words I want to get you familiar with it, since this is how setup will look like in my ideas next year.
Example:
By calculations system is suggesting Sell at 1158.00 with SL 1160.00 and target 1149.00 .
In this case SL is placed at a level where trend ( daily ) is changing,...
Reposting the same layout.
Quote from previous Idea " Most important thing is that gold need to reverse after it tags red box ( 1168 - 1161 ).
Because if gold breaks old frequency pivots, it will invalidate new frequency rollover and lead to possible gold drop to complete the downward phase fully.
What means if gold breaks 1161 it will attack 1156 and smash...
IS CLEAR GUYS AS YOU SEE SO MANY BREAKOUTS AND THE PRINCE CONTINUES FALLING DOWN !
I AM WAITING A LONG TERM TRADE TO GO TO THE EARLIER SUPPORT ZONE !
TRADE WITH CARE GUYS !
Funny enough that I made Idea earlier before, and turns out I published it as a private Idea, so nobody could see it. I found it weird why there is no action going on with that as usual, and started to research and is how I found out that somehow I posted it as a private Idea.
Basically this is what I posted ( by giving a link you can see it )
big LOL....
Hi.
As per JAFR Thursday - Friday is important days when it comes to frequency analysis.
Market moves like waves and each wave has it's own frequency, and wave lenght.
In last Idea update I told you I reckon that today Wednesday we should have bullish frequency rollover, that happen. Not the strongest one but still it occur. It's like snake changing skin ( lol...
Leaving this station for now.
Two trades running one SHORT trade on DXY.
And LONG trade on GOLD.
DXY is the payer:
Meanwhile gold is the game player.
Two reasons for me being too early in gold buy trade is, that I know how many people ( my followers ) are out there with bad long positions, and when you know that gold is targeting 1383, you want it to happen so...
If you remember the ThanksGiving Idea where I gave out gold phase template ( not available anymore ) we hit 50% on that template in the current phase.
If you remember the rules when break 76.4 target 50, if break 50 target 23.6.
50% is very sensitive here.
If broken, we have 3 possible targets 23.4 > 100 > 76.4 ( on chart )
Today 1185 did the...
Hello.
This will be the same chart layout as posted before:
But I want to explain more about what we have here.
I was waiting for this scenario but it did not happen till gold hit 1160.
Friday close price was 1177.4 and this is what I am looking for!
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What we can see is that all 3 transitions ( marked in yellow ) are below ( lower ) than close...
I reserve all rights to say that gold bears is finally done, because second template with levels now work in confluence with my dynamic level template.
See what happens when dynamic level template and 2nd template both indicate SHORT.
So far I have suffered 25$ drawdown, which is not the worst case.
I will qoute one of my follower saying " I am early but I'm...
Friday ( December 2 ) I will make sure I have access to my High Frequency Trading Machine so I can inform you whether we are getting bad or good NFP report, what means either gold more down or up.
Those who are following me for a while now know how we traded NFP and other events, those who don't know, either study my past ideas related to HFT or just don't trade...
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 )...
