Way it works is, trigger stops, pick up limits, then more stops from those who shorted the last leg up, and so on until stops run out and limit orders start showing up (no more sellers on the way up/ buyers on the way down). Then change direction, ...

Only Gold!

Trick for flying higher than 1210.40 is to create enough momentum to trigger a cascade of stops - taking the price convincingly higher, then on retracement everyone will get on board to go higher still. Big bad boys must have been working on this ...

Only Gold!

OK. It seems everyone is bored by the slow and confusing moves on xauusd. So I will stick my neck out and make a live $10 call for the remainder of the week, and a contingent call for the next one. Here we go: Today's close = 1205. I am calling that ...

Only Gold!

Yep. Though h4 is quite clear - that may drive it down to 1180 or so before heading up. D1 Ichi IMO has just completed a retrace downwards and needs to retest the top of kumo if it wants to head further south. Though, like you said, some news may ...

Only Gold!

To target 1160 it will be good to have D1 on your side completely. By the looks (your last chart) Chikou still above Kumo?

Only Gold!

Yes I agree But gathered from your posts yesterday that it would help the thread. Anyway, I won't post any further scalps

Only Gold!

Moving SL to 1213.75 Moving TP to 1205

Only Gold!

Moving SL to 1211.75

Only Gold!

TP on short scalp moved to 1204.50

Only Gold!

Anyone following my scalps, please note: My tp and sl are based on dynamic sr levels updated by the minute (reason why i killed this morning's short scalp). When I say scalp, it is counter trend. A trade for me is either with trend on a particular ...

Only Gold!

xauusd Selling at 1209.50 for a scalp to 1203 sl 1216.50

Only Gold!

not looking good - closing at 1207.70

Only Gold!

moving sl to 1209.75

Only Gold!

Here's a high probability scalp trade in that spirit : xauusd sell 1204.70 sl 1212.50 tp 1201.50 rr is not good, but high probability $3 margin

Only Gold!

perfectly legit question - a few different ways to calculate it. I use the simple one: previous day's (high + low + close) divide by 3

Only Gold!

to give warm and fuzzy to investor members of a private investor's club who are kind of old fashioned and want the tangible backing etc...

Only Gold!

That should do - would like to explore that further, do you have a name of a brokerage? Are you allowed to mention on the forum, or if it is against FF rules, can you pl pm me - thx, appreciate it

Only Gold!

0.309 level below daily pivot (0.309 is half way to 0.618 fib)

Only Gold!

Hi all - does anyone know of a reputable broker that allows buy, hold, and store of physical gold at current spot prices?

Only Gold!

Re above post, no trade as all ichi conditions were not met after retrace and bounce. Ichi on M5 has now reversed (down). Will wait to buy later if opportunity presents.

Only Gold!