Hi Diggs. I noticed the price of H5 is the high on your MT4. Are those prices from two different data feeds?

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Nik clause.

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Thank you for the clarification Jr. Had the bigger box. But I was using Friday's range for the smaller box and not Thursday's range since that was the last day of trading.

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Hi Jr. Thanks for posting the chart. I was wondering which high and low is marked up here. I believe this is the last few hours of Friday's trading. I would appreciate any feedback. Thank you. Regards, Mo

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Thanks Jr.

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Thanks bud.

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Hi Jr. Do you mind posting a chart of gold with your boxes. I just want to verify my analysis. Thank you very much.

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Great stuff mate. Had a similar level on my chart for a sell - 1897.65

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Took the exact same trade. In and out quickly. I like it that way but with a more favourable outcome.

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Buy high, sell higher.

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This would be another example. Second shoulder comes in exactly at the daily R1 level. See what price does afterwards.

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Hi Kelvin, Thanks for your feedback. However, I didn't necessarily mean the traditional H&S pattern, it just looked like it hence I used the term. What gives me confidence is that even though it's not an inverse H&S, price did shoot up from the ...

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XAU rocketed through the daily R1 today. Came back down and I saw this inverse H&S form on that daily R1 level on the M1 chart. Core idea was that resistance broken would be held as support on the pullback. Was going well until it reversed on me ...

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Thanks Tom. Got smoked trying to short in London. A runner would've been ideal. Oh well, could've, would've, should've. Doesn't matter. Always seems easier after the fact. I see you're loading up on shekels as well. Green pips to you buddy.

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Rubber band.

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Took a few shorts from the 3 circles marked on the chart. That was the hourly R1 level and about 15 pips below was the daily R1 level. I saw a decent H&S formation on the M1 and I thought I'm shorting it at the top here. Added another position ...

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What is the ROVR level?

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Bounced off daily pivot, and almost touched the m15 200. Currently above daily open so probably won't come back for the second shoulder. Above weekly/daily open and above m30 200, hence above some shit. Target is daily R1. Green pips ...

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I see the spot you are talking about, 11 pips south of the weekly pivot. But that time the head and shoulder pattern was still forming. In fact that spot that you are referring to would be the head. How do you get in long there with confidence that ...

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Update: Did not take a trade as I'm still learning the method. Also, I'm not sure when exactly I should click the button. Need to figure out what the trigger is.

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