Many (Many!) Thanks waleed.khan ! As soon as I looked at your superimposed chart, what you were saying was immediately clear. "Note the impulse waves and how beautifully they move in opposing directions..." you could almost reproduce the waves by ...

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Hi waleed.khan, may I ask, is there a trade-able correlation/relationship between the usd index and gold. There have been various opinions expressed here and I'd like to know your take on it. Thanks!

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Goodluck blue_z_zz ! a target of 1270 would be amazing !

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Great call blue_z_zz!

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Thanks Matt! Are you anticipating the same kind of reaction (perhaps on a larger scale) as with the China buy on Gold? That could be a huge (understatement) opportunity

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Many thanks CT! I was watching 1237 level (plus/minus 5 pipettes) seems like an important (local, 15M TF) level - took a bit of a risk but I got good (local) PA to go short - didn't workout. Now, it might close over 1237

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I really like the way you plan things and think here Agent Orange! I got stopped out - had SL moved to BE + (a bit more) anticipating a breakout low (I've got CT's analysis of a clean bottom-out on the 1H TF in the back of my mind...)

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Hi Agent Orange, you're taking a short, I'm assuming, given the change in return% I went short off the 1237 level (as describe above, 17718) with a tight SL 37.70

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Hi CT, I'm looking at the 1H TF. Remarkably (once again), inline with what you anticipated. What are your thoughts if I may ask?

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Hi Reeeen4, thank you so much for the information. You are getting incredible results! I really admire the way you are thinking and applying your analysis, well done!

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My apologies Mave, I am finding it hard to follow what you are saying. Let's leave it at that, shall we, I thank you for your time.

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Many thanks for the confirmation ArchStanton - "Unk, unk, it's got No Name on it?"

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Hi Mave, thanks for commenting on your concept. I'm wondering how that works? Do we need to know which broker this happens with or does it happen to every broker (equally and at the same time?)? What are the implications if it doesn't happen equally ...

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CT has requested that traders give analysis to their calls and withdraw from simply referencing off thread. Just a heads up, Mave, no problem. I would still like to know what "beyond the spike" means if you care to explain. Thanks!

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You better explain what "beyond the spike" means (CT keeps a tight ship here)... ? 'Always' is always a too strong a word for this game. Quote from "The Good, the Bad and the Ugly", Clint Eastwood

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There were 8 win and 3 lose for the engulfing pattern that I counted on the 1W TF going back a number of years. The ecstasy of Gold, "There are two types of people in this world my friend, those with loaded guns and those that dig, you dig."

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Many thanks abokwaik. That's an interesting result regarding the divergence on the RSI. How reliable is that though? And what exactly is it saying, i.e. how should we interpret the signal - timing-wise that is? Also, what does it mean for a ...

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Please note there are various definitions used for the HVI (not to be confused with things like VIX etc). So, the basic one used here is defined by the formula HVI = Standard Deviation (Close+Previous Close)/(Previous Close) over N periods

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