Tip 9: Slow rise will accelerate, don’t copy the top and wait for bound Tip 9 needs to meet three conditions as follows: 1. The price increases slowly along the MA5 and MA10; 2. The rate of rise is not sharp, but new highs are created constantly; 3. The price will accelerate and deviate from the MA5. Usually, the price increases slowly, and...
Tip 8: If the price keeps declining in dawn,then sell at the starting point of last drop in AS Time Tip 8 needs to meet three conditions as follows: 1. The price keeps constantly declining last day, and no sharp rally appears in AM Time ; 2. Sell near the starting point of last drop which creates in dawn when price rebounds ; 3. Good entry time is at...
Tip 7: If the price keeps rising in Dawn, then buy at the starting point of last rise in AS Time Tip 7 needs to meet three conditions as follows: 1. The price continuously increases last day, and no sharp drop appears in AM Time ; 2. Buy near the starting point of last rise which creates in dawn when price retraces ; 3. Good entry time is at UTC...
Tip 6: Slump in AS Time, but rally cannot break out the decline starting point in EU Time, and then shock in the AM Time. Tip 6 needs to meet three conditions as follows: 1. The price slump quickly before UTC 2:00; 2. The price rallies quickly or continuously near to the starting point of previous rise; 3. The price rally cannot break out the drop...
Tip 5: Soar in AS Time, but drop cannot break out the rise starting point in EU Time, and then shock in the AM Time. Tip 5 needs to meet four conditions as follows: 1. The price soars quickly before UTC 2:00; 2. The price drops quickly or continuously near to the starting point of previous rise ; 3. The drop cannot break out the rise starting point in EU Time...
Tip 4: Slump in AS Time, but break out the decline starting point in EU Time, and then go up in the AM Time. Tip 4 needs to meet four conditions as follows: 1. The price slumps quickly before UTC 2:00; 2. The price rallies quickly or continuously to the starting point of previous drop in two hours; 3. The price rally breaks out the drop starting point in EU Time...
Tip 3: Soar in AS Time, but break out the rise starting point in EU Time, and then go down in the AM Time. Tip 3 needs to meet four conditions as follows: 1. The price rockets quickly before UTC 2:00; 2. The price falls quickly or continuously to the starting point of previous rise before UTC 4:00; 3. The price rallies but no new high appears, and the rise...
Tip 2: Decline in AS Time, continue in EU Time, and then rally before the AM Time is a bullish trap Tip 2 needs to meet three conditions as follows: 1. In AS Time,the price falls slowly and no sharp rally appears; 2. In EU Time, the price continues the decline and breaks out the low point of AS Time ; 3. In the continuous drop,the main correction is single bullish...
Tip1: Rise in AS Time, continue in EU Time, and then drop before the AM Time is a bearish trap This need to meet three conditions as follows: 1. In AS Time,the price advances continuously and no sharp drop appears; 2.In EU Time, the price continues to rise and breaks out the high point of AS Time ; 3.In the continuous rise,the main correction is single bearish...
Before given details of tips, time should be defined and divided clearly at first because it is different from normal classification and it is very important for traders. This time division is based on the different regional active traders’ trade action. Trade time division/time table 1. AS Time(UTC 0:00-2:00 )-obviously Asian traders are the main force in...
PREFACE These tips are summarized from author's long-term gold trading experience, and these are tested and verified very useful and effective for intraday gold trading. Importantly, users must remember these tips are only just used for intraday gold trading, neither for other commodities or forex, nor for long-term or swing trade. If traders master these...
The price soars quickly in the last few weeks,and will it move further? Strong resistance will be faced next. The 0.786RET is at 0.734 level where also the 2.236REXT of previous sub-drop works. Meanwhile the strong resistance zone is at 0.732-0.736 levels. So it is good to sell at 0.732-0.736 levels when price action gives signals in the PRZ. SL: above 0.740 TP1:...
The double bottom formed and the market is pulling back the 0.50RET. Meanwhile the strong support also works at this zone. Additionally, the bullish Libra Pattern is forming. Maybe it is a long term buying opportunity. So it is good to buy at 1.647-1.663 levels when the price pulls back and gives signals in the PRZ. SL: below 1.640 TP1: 1.750 TP2: 1.800 TP3: 1.90...
The bullish Gartley pattern completed at 109.3 level and the bullish AB=CD finished at 109.2 level. Meanwhile the 1.618REXT of B-C is also at 109.2 level. Additionally, the good Demand Zone is at 109.1-109.3 levels. So it is good to buy at 109.1-109.3 levels when the price pulls back and gives signals in the PRZ. SL: below 109.1 TP1: 109.6 TP2: 110.1 and further more
The 0.618RET of previous drop from 0.775 to 0.732 is at 0.758 level and the 1.618REXT of sub-drop from 0.751 to 0.737 is at 0.760 level. Meanwhile 0.758-0.760 is also a fresh Supply Zone where also a good resistance. So it is good to sell at 0.758-0.760 levels when price action gives signals in the PRZ. SL: above 0.762 TP1: 0.746 TP2: 0.737 and further more
The bearish Bat pattern will complete at about 0.770 level. Additionally, the 2.236REXT of B-C is at 0.769 level. Meanwhile the good resistance zone also work at 0.769-0.770 levels So it is good to sell at 0.767-0.770 levels when price action gives signals in the PRZ. SL: above 0.774 TP1: 0.755 TP2: 0.744 and further more
The market is pulling back the 0.786RET of previous rally where the good support works. Meanwhile, a bullish Libra Pattern is forming. So it is good to buy at 1.673-1.677 levels when the price enters and gives signals in the PRZ. SL: below 1.673 TP1: 1.690 TP2: 1.697 and further more
Although the UN's election gived GBP a hard hit, still bullish opinion is held on GBP/NZD. The double bottom formed and the market is pulling back the 0.618RET where also a good Demand Zone locates. Meanwhile the strong support also works at this zone. Additionally, the bullish Libra Pattern is forming. Maybe it is a long term buying opportunity. So it is good to...