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- wiseambition replied Nov 30, 2016
Not that I condone his actions, but this man would have been potentially better off financially if he pulled it off last week not this url PS. Start of the Asian session tonight is a little more upbeat. RSI MACD and MAs etc are positive
- wiseambition replied Nov 30, 2016
Perhaps we went back to the much talked about 61.8 fib line (annual high v annual low) around 1170 and there were automatic buyers putting some support into this fickle market today
- wiseambition replied Nov 30, 2016
For anyone hoping to find a signal to go long there are just a couple glimmers of light, even if the market is still going sideways so far this week. 1) There have been 100 bars on the H1 since the major price drop from 1215 of last Wednesday. This ...
- wiseambition replied Nov 28, 2016
I've seen those formations many times, it's also handy to go to the next time frame faster and see what's happening there. The rejection at the bottom is potentially quite a strong reversal, but if I was looking for a reason to trade with it my ...
- wiseambition replied Nov 26, 2016
This depends on your timeframe as to what levels have to be broken for it to be considered a breakout On the daily or weekly measurement, I'd say the resistance to be broken is 19.00 On H8 I'd go for 16.8 on H4 I'd say about the same on H1 16.6
- wiseambition replied Nov 26, 2016
I've just eyeballed a silver chart, which is not a metal I have been interested in prior. Also traded like gold in USD. It had a bad day Wednesday as did gold, but I notice it finished Friday higher than the lowest level it touched during the ...
- wiseambition replied Nov 26, 2016
Sentiment and crowd mentality seem to play an important part with gold, more than technical factors this week I'd say. Lots has been made of the fact 1170 area is 61.8 fib retrace from top and bottom of the market in the last year, but who's to say ...
- wiseambition replied Nov 24, 2016
For a little while, the price was supported near the low of yesterday since which it went up to nearly 1190 whether it will carry on up is anyones guess
- wiseambition replied Nov 22, 2016
Massive selling this afternoon. Anyone would think it was like Gordon Brown selling off the stocks at the Bank of England! It kind of feels a bit oversold and I wonder if there might be some buyers in the dips and some point. But I guess it's all ...
- Posts by Member Search: 'wiseambition'