by the way, the upswing is under 50% which indicates by my experience that the downtrend is about to resume south

Only Gold!

yes,but not convincing. Also, have a look at you Chart and you will see that this is a lower upswing.

Only Gold!

what happens to your Long at 1243? I do believe we are in a down trend towards 1000 - 900

Only Gold!

Hello Bears, here are my 2 cents worth. AUD/USD had 4 weekly Lows. 1- 1612/07 @ 8552 2 - 31/1/10 @ 8576 3 - 19/1/14 @ 8659 and 28/9/14 @ 8642 total 34429/4 = 8607 average Low. Retracement on D Chart from 5/9/14 @ 9400 down to 3/10/14 @ 8642 Range ...

AUD/USD

it is obvious, we are hitting 1000 - 900 made a good killing staying short. Have no desire going long.

Only Gold!

buy at the last HIGH

USD/JPY Discussion

See below the Screenshot Looks to me Gold is heading South in due course. Have a look at the Low on the Weekly 29/12/2013 - 1181.97 you can see that the Low is located in a Down and Upward Angle. As you can see there is nothing for a long stretch ...

Only Gold!

19th Sept High 109.371 22nd Sept turned down the first time and will go down to about 107.620

USD/JPY Discussion

Hi Mattai, please advise what size of square is this ?

Gann Analysis

1266 should be Bottom and if lifted should hit North. September is still a strong Month. Looking forward to September 4 to 8th

Only Gold!

According to my Cycle and Calculation, we should have now reached the Bottom at 1284. However, not carved into Stone. I wait until the Market is showing upward confirmation before entering Long. I am out of Shorts now and standing aside.

Only Gold!

Please, can you give me an idea why you would by at 1312.5 and take profit at 1320 ????????

Only Gold!

you should be on the right track see Attachment.

Only Gold!

Looks like 1315 is a temporary Top. if anyone has got an idea how I can make a Screen shot, I am moore than happy to post a pic. I have an Acer Laptop and need to use FN and press Print Screen. However, that is not working for me.

Only Gold!

[email protected] try that one and see if it is still valid Fred

Gann Analysis

Danny, I am pleased to know that I was of some help to you. Yes, these are the Gann and Fibo Numbers. However, I stick with Gann Numbers since they relate to the Musical Octave and hence are more reliable. Whereas Fibo Numbers are good in Nature and ...

Only Gold!

absolutely and 100% agree with your Statement. Learn the Math and you do well. Learn and stay out of dull Markets.,

Only Gold!

Danny, I am not your average Trader. I have liquidated a lot of stuff (No Indicator and Trend Lines) only use Mathematics. Starting from H/L I add/deduct the following Percentage Numbers. 0.125 0.25 .375 .50 .625 .75 .875 and 1 and further out the ...

Only Gold!

you should also note, there are 5 Waves in a up move and 3 down move. If you look at the H1 Chart you would notice that there are 5 up moves from Low 1287.50 add 2% and you are on 1313.25 end of story. We should now go the other way for the moment. ...

Only Gold!

for what it's worth. Low was 1287.50 add 2% makes it 1313.25 Res. which is a powerful Resistance point. All increments of 1 - 1.5 - 2 etc: are very strong. Have fun

Only Gold!