- Search Metals Mine
- 22 Results
- mystic replied Feb 2, 2013
Well not much of a week. Not another inside bar, but close to. I'm still holding a sell trade - now with $8.00 draw-down - and am going to hold it thru this coming week as I expect gold to have a bear week. Still aiming for the 1642 area.
- mystic replied Jan 26, 2013
image This is my weekly bar chart for gold. Two weeks ago we had a bull week, followed by a bear week last week, bringing price right back to where it started from. I feel the bears will continue this week taking price down to at least 33% of last ...
- mystic replied Jan 19, 2013
For the coming week I have no definite thoughts. On the daily chart below, there is a possible downward channel, and this ties in with gold's rise last week. The rise, started last week could continue to around 1698 (the green line). The other ...
- mystic replied Jan 18, 2013
Another win to the inside bar breakout... I've posted a bar chart of the results of last week's inside bar breakout. Price had broken north and travelled around 50% of last week's range by Tuesday. image A very nice and easy profit for those that ...
- mystic replied Jan 12, 2013
Well this week has been much like last, but with less range. This has formed an inside bar, where both the high and low of the week are less than that of the previous week. The good trade this week would be a breakout in either direction of the ...
- mystic replied Jan 5, 2013
TASAYC thread. There is an older thread on FF by Forexcube that is well worth a read... http://www.forexfactory.com/showthread.php?t=325369 It shows a method of trading with multiple small lots, very wide stops and small TPs. Something most here say ...
- mystic replied Jan 5, 2013
Lot sizes. I've only been playing with gold trading for about a year, and I've seen it make some very big moves. Because I use a very wide stop, to keep me in the game I only trade with very small lots. I use an account with $8000, but only trade ...
- mystic replied Jan 5, 2013
Here is my H1 chart for gold from last week... image The candles are "IT Candles", and the blue line is ALF. Both from the ALF threads on FF. The yellow lines are daily open lines. Looking at this chart it is easy to see where you should have ...
- mystic replied Jan 4, 2013
Gold finished the week right back where it started giving a nice spinning top candle formation. Next week is hard to predict. The chart is ready to move either way, or just stay ranging again like last week. image
- mystic replied Dec 31, 2012
Some days you just can't pick em !!! It broke right thru the supply level, and is heading for the next one around 1665. image
- mystic replied Dec 30, 2012
Gold has now hit the supply level around 1660, and paused there for a fair while. I feel it's next move is downward as it has made a high, and not come close to exceeding it again. Also this is only the second time it has touched this supply level, ...
- mystic replied Dec 30, 2012
Well the day opened up, but it seems to have stalled right now. Could be good for a small scalp down, but still expect it to keep rising a bit more today. Here's my M5 showing the current price stall point... image
- mystic replied Dec 30, 2012
KADC - Thats a very good analysis.
- mystic replied Dec 30, 2012
Here is a basic template I use to give the screen below. image The zip contains all the indicators and the template. The IT candles give the candle colour change depending on price behavior. The 123Patterns gives the red and blue boundary lines. ...
- mystic replied Dec 29, 2012
Now to refine the week. This is an H1 chart with supply and demand levels added... image Gold is presently sitting on a support level. That level has held all last week (even though the middle blue bar does not show it all). Price has come down to ...
- mystic replied Dec 29, 2012
I'll up some indicators and templates when I get a chance. I trade very visually, rather than calculating the numbers, so I'm looking for patterns that seem "right". To look at the week ahead, I've prepared three possible chart scenarios that I'll ...
- mystic replied Dec 27, 2012
Woke up to see Gold high at a supply point, and that it had been approaching the area for a fair while without penetrating it. Well worth a short to see how it plays out during the asian session. Would expect that a 30% - 50% pullback is very ...
- mystic replied Dec 26, 2012
The daily is still much the same after yesterdays small range. The M30 doesn't show much for guidance either, but if I was trading right now, I'd risk a long, and watch it closely to grab a few $ and get out. It might get back up to 1668 today, but ...
- mystic replied Dec 26, 2012
One the daily I still think gold will move back to around 1680. Retracing between 30 and 50% of its last downward move. It's made a new low around 1636, finding some support there, and this upward retrace won't go on forever, so just have to watch ...
- mystic replied Dec 23, 2012
CCI now +200. Close buy order and open a sell. TP 1653 image