everything is about money managemanet...both shorts and longs can win.
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GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedST, thanks for your elliott count. If i take your idea for the weekly Delta cycles count than i must assume that we have seen the LTD-4 (black) high already and Gold will decline most of 2018. Sixer {image}Ignored
Disliked{quote} 1. trade 1k long 1266 2. trade 1k long 1256 3. trade 1k long waiting. all TP 1375.Ignored
Disliked{quote} One more long 1246, revised target to a conservative and 99% guranteed one which is 1250Ignored
Dislikedstuff seems pretty weak, maybe some support near 1244... also see a little support at 1252, basis Feb futures...Ignored
DislikedA spike and/or a rebound today are to be expected. For now the center of the range that forms is 1246. I bet the rate will go nowhere outside its borders 1254 and 1238. Lets hope I am wrong... I am afraid, it is a time for another choppy madness for a day or two... Maybe Mondaystays locked within, too? Lets see.Ignored