GingerBear

GingerBear

Traded on 1 & 5 mins chart. Chased the market to short NASDAQ after price dropped below the red resistance box, shorted at almost the lowest point. A few signs showed on the chart before I really stopped my loss: 1. price lost downward momentum already at 17:00 GMT 2. 2nd leg at around 17:30 was a higher low 3. Price passed the downtrend trendline at 17:37 4....

GingerBear

Uptrend trendline is broken but I won't go for a short position until price break through the red support level. Target price would be the red trendline of the 15 mins chart.

GingerBear

Entered because price broke uptrend trend line of 5 mins chart, though price touched 2.618 level but because of greed, I didn't exit at target price. Saw price lost its downward momentum and started to rebound and test the resistance level at around 33.6 (1 min chart), exit, took some medicine and sleep. Am I correct not to close my position when price touched...

GingerBear

Traded base on 1 & 5 min charts, shorted at 1244.7, exit at 1236.1

GingerBear

Added 2 more orange trend lines on the graph and I'm waiting once gold price goes up above the green resistance box, I will short gold with SL & TG setup shown in graph. My trade will be done under 5 mins TF

GingerBear

15 mins chart Price break through the uptrend trendline but now it is not peak trading hour for gold, with such a weak volume break out, I would hold and take action only when price goes down below 1230.30 (which satisfied 2.618 target gain for put, under 5 mins chart) or go back above the trendline. Green boxes are going to be my entry levels for long or short,...

GingerBear

Drill into a smaller timeframe with upper screen as 5 mins and lower screen as 1 hour charts. the blue resistance zone is drawn by using 4 hours chart which joins the resistance lately, back to June2014. I'd rather wait for price to touch the upper boundary of resistance zone (~ 1243) which is better than guessing the direction at this moment. Any sharing of what...

GingerBear

My first post, have no idea how to posts 2 graphs at the same time so just try to post a big picture first. A sketch of gold trends on weekly chart, price should consolidate a while under 1.618 level because of the previous strong upward move. If it can stand firm above 1200, next target will be somewhere around 2.618 level, or touch the downtrend. Will try to use...