The price have crossed the orange trend line 2, As expected and it have crossed the trend line 1`, then change the direction inside the channel of trend lines 0 and 0` If the price cross again and stable under the green dotted horizontal trend line ...

Gold Mining - Using Each Trading Day's Trend

Thanks brother. Your analysis is so significant. I am agree with you and the golden trend line is a key. I already will not entering the market and just waiting for tomorrow

Gold Mining - Using Each Trading Day's Trend

Hi all The blue trend line 0 was broke and the price is dancing inside a channel between 1 and 1` magenta trend lines. 1- If the price will stay above of the dotted dark magenta line and will break the lemon-colored horizontal trend line at price ...

Gold Mining - Using Each Trading Day's Trend

you're welcome

Gold Mining - Using Each Trading Day's Trend

In simple, the main idea behind this model is based on two elements, the progressive power and focusing on the worst case of loss instead of best-case profit Progressive power has a direct relation to aggressive trading. and the worst case of loss ...

Gold Mining - Using Each Trading Day's Trend

It’s my pleasure.

Gold Mining - Using Each Trading Day's Trend

Happy weekend to all Unfortunately in the last three weeks, most of the TP's did not reach. but I have a strategy that when a market move enough in the direction of positions I set the SL near the entry price so this put my position risk-less, ...

Gold Mining - Using Each Trading Day's Trend

A new lesson of today that market tough me with punishment market could be very brutal if do not listen to the sign of price action Today is the third time of the last two week I recognized the important signal from price action but I did not listen ...

Gold Mining - Using Each Trading Day's Trend

Congratulation

Gold Mining - Using Each Trading Day's Trend

Thanks Brother.

Gold Mining - Using Each Trading Day's Trend

I do not trade by Elliot theory, I am trading just pure price action, I would like to find the ability to reading a naked chart just by candles and less trend lines, based on the law KISS. At previous post`s chart my idea based on golden trend line ...

Gold Mining - Using Each Trading Day's Trend

Here is my Analysis. And it is completely opposite of your analysis, Brother. After Strong support at 1698.86, the green line, then the price throw above the insisting resistant area between 1711 and 1712. After touching 1717.60 then it's going to ...

Gold Mining - Using Each Trading Day's Trend

Can explain why are you watching for short ? the last green candle of your chart did not appear on my chart as well as on OANDA and SAXO at trading view?

Gold Mining - Using Each Trading Day's Trend

Thanks Brother...

Gold Mining - Using Each Trading Day's Trend

Hi All Great analysis, I Consider a new law for gold trading in my strategy, that I will almost never oppose a double top or the a double bottom. As well as your chart is completely transparent that what happens next, that, has higher possibility, ...

Gold Mining - Using Each Trading Day's Trend

Also me

Gold Mining - Using Each Trading Day's Trend

Yesterday I scared about No.2 candle as reversal signal but rayoub artistically recognized that could be a bear trap image In this morning after review 4H time frame I found some interesting things: The brown line which is about 1722 is a key ...

Gold Mining - Using Each Trading Day's Trend

Thanks , Yes I did over analysis, and over trading. This was an important lesson for me.

Gold Mining - Using Each Trading Day's Trend

thanks, this is so significant point. Because of the mixed signals, and I was confused. I lost all of my tp, today, tp - sl = 0 but I am Still Alive and wait for tomorrow and I will wait for extra confirmation to convince me ...

Gold Mining - Using Each Trading Day's Trend

Caution : I am very scare of two candle 1 and 2 they are so similar at the same price level both on tail and both on body H4 time frame image

Gold Mining - Using Each Trading Day's Trend