Hello, guys! The Moment that a lot of you have been waiting/asking for. I have spent 2 years in Tradingview now, and there are two things that made me somewhat popular here. Transition trading and HFT trading. This post is for those following me for a longer period of time. I won't go over it all for newcomers. Transitions ain't dead. They are just stuck...
Given the yesterday's break of 1269, that lead to a possible target of 1260. As well the fact that there was a clear hold n drop at 1282 - break of 1276 and a test-back! We have a chance to see 1260 if 1270 is broken!
Technical analysts say it's working, so I shall try.
Hello. By 0-5-9 rules, if invalidation level was broken, the price has to travel at least 20$ more down. But there is one But. After invalidation level is broken in order to travel down, the price cannot touch/test-back invalidation level. Gold touched 1277. Such test-back brings more options, such as a possible test of 0-5-9 pattern sum ( 1290 ). Test back...
One of Those days where there could be a bull, but for that: Tag 1280.xx Have a volatile break of 3 pivots upwards calculated from the 0-5-9 pattern. In quant mathematics 0-5-9 is used in most frequency Trading robots used to identify reversals. In most cases, such pattern needs a fundamental catalyst. Failure to break 3 pivots or break of the 0-5-9 base level...
Gold is back yet again under 1298. Like mentioned in the previous Idea I didn't like the 92 nonlogical break that should tag 86 as a target. Furthermore, I mentioned how EUR USD can be used with Gold as they both are twins. Experience shows that EU always hit the targets way faster than Gold does. So it can be used as an indicator as well. When I wanted Gold to...
Close on Friday was Below 1298 Not only psychological 1300 level itself but 1298 - 1299 area is pointed out as a strong sell level! I will definitely sell. If Gold breaks out upside I will close the sell after the pullback at BE and Go Long. 1299 is a transition type level so going short is not that risky since if broken upside will do a pullback. In General...
I want to review this idea! Because I looked at the chart, went through updates, and I found it again! Two Mistakes! 1# I am stating / no, no. no / it has nothing to do with Long-Term trading, it is all intraday. 2# Falling in Love with the Target. First, if these were only intraday Analyses, what the heck is 1348 level doing in the chart? What the...
This close was important on the Intraday basis. If we can Get over 1302 - 1304 area we can test 1310.6 pivot. And if so there will be a chance to test 1318 as well. One can buy with SL below 97. Personally, I will consider a long entry at opening based on the first move behavior.
Hello, guys! This one will be very Comprehensive because I will not be able to be in front of chart tomorrow especially during the FOMC. First, 1270 mentioned before! I now say based on my analysis that 1270 is trashed from my view! Or should I make a louder statement? Okay - The Death of 1270! Does it sound better? lol When it comes to my trading, it is very...
I was thinking to post this when Gold hit's 1348 as a review idea. But then I thought it would be wrong, because " after the fact " posting " I knew it " type thing etc is not welcome! And the question - If Gold doesn't hit 1348 - would you post such idea then? So with that in mind! Let's go by parts! In the Last Idea, I mentioned 1348 and 1270 ( long term post...
Hey, my little flowers. Monday post will include something about 1270 - 1348 ( Long Term ) and of course Intraday. Long-Term post just in this idea - just once - just because I am getting questions about it. Like I said - I am out from Long-Term Trading - Last week's performance and trading style can probably answer you why. Let's say I would be doing Long...
I must admit! I love these setups! This is such a beautiful buy setup, it just cannot get better! The first move is important today! I am TRULY willing to see Move down to 1325.9 ( 1325.xx in general ) NOT up to 1330.xx Chances are that first move up will not ruin the setup, but still, it would be very very very nice! This is really a fantastic buy setup based on...
One of those days, when I don't get a clear picture. So I'll just be a Starfish today and Sell Gold at marked areas on the chart! Today First move is not important. If proven otherwise by breaking upwards just wait for pullback close the sell at BE and GO long as it will have the tendency to continue the direction of the breakout. But General Sentiment is...
Hola, Guys! This idea should be a great example of how important is the first move! If there is a Bull Gold after opening will first Tag D2 pivot ( 1330.6 - 1328.7 ) zone and then it should continue upward move without hesitation. If the first move is UP to D3 1333 area then it is not that simple as it can then go down and break D2 pivot area! OR it can do the...
Hola, Guys! Wanted to say some words about the previous Idea! The Artificial Intelligence and Human Nature. I am working with the self-coded trading software's basically since 2009 ( being a mathematician ) and the thing that you never can get right is - The Partnership. Between you and the AI. And the best part is that AI is actually never wrong! The one who is...
Alright! While waiting for the challenge opening, doing some more homework on intraday Gold trading. In the Last Idea: We broke down 1346 and after Dynamic Pivot break Gold has a tendency to continue its path downwards! Furthermore it kind'a didn't reach 1340, although there was no reason not to! So Bias is more for a short trade! But First Move could decide...
Okay, guys. Like stated in the last idea I am out from mid/long term trading and moving back to intraday trading. This way I am getting ready for the challenge, and this is the trading style that will be used 99% of the time. 1246 seems to be very strong level and I would execute a long trade there. The first target would be 1351 second would be 1354 and last one...