this should be the last chance of breaking last high (1244.82) today

From HKD$3000 to my dream

i hope it will not be a shooting star as i still believe this wave we can go to 1250 level

From HKD$3000 to my dream

hi oliverdeguzm i am not a expert on pattern , so usually i can only draw simple pattern like channel i am not sure if this looks like triangle pattern but you give me an alert on the possibility of breaking downwards hmm i ...

From HKD$3000 to my dream

in the long run, i hope everyone can draw the lines by themselves it's actually not that difficult, and XAUUSD is the easiest pair to draw support/resistance

From HKD$3000 to my dream

USDJPY next target is 112.60 if 112.89 is broken but please note that EUR GBP are both relatively weak now

From HKD$3000 to my dream

but you said you closed the longs and went short 10 mins ago why you deleted your post?

From HKD$3000 to my dream

hi all boring Friday, with little movement on GOLD tested 1236.7 and rebound quickly please watch out USDJPY to see if it can break 113.15

From HKD$3000 to my dream

hi zuhdi53, as i had mentioned before, those sword lines were drew by myself manually. and i only use SMA, DMI, MACD to assist

From HKD$3000 to my dream

thanks dragonexpert! i also trade that 3 major pairs UJ EU GU but i try to focus on GOLD recently, and with the result recently i have no reason not to focus on GOLD

From HKD$3000 to my dream

but the support and resistance on this indicator are moving from time to time. my sword lines won't change

From HKD$3000 to my dream

so you are opening long but telling others to short? EDIT: Sorry, i think i misunderstand your meaning

From HKD$3000 to my dream

finally breakthrough 1238.9, so this should become our strong support given how many times it had tested before breakthrough and we did hit 1240.9 but immediately turn around you may also find that i made a quick sell on USDJPY and scalp a few pips, ...

From HKD$3000 to my dream

tested 1238.9 3-4 times but failed to breakthrough a fair result on the data, not sure why the initial market reaction means strong USD

From HKD$3000 to my dream

hmmm, it really depends on your tolerance level for me large leverage = short duration or even scalp small leverage = long duration i am not saying you should always use large leverage, but if you are just doing demo, ...

From HKD$3000 to my dream

i cannot guarantee if you are holding long from 1220 level, just wait and see, and pick an SL on one of the sword-line in case of something go bad if you are not holding long from below, not recommended to add now it's too risky given the ...

From HKD$3000 to my dream

maybe no correction as unemployment claim's result is bad and i think it is quite possible tonight

From HKD$3000 to my dream

1236.7 tested few times already, but still cannot breakthrough hmmmm not a good sign

From HKD$3000 to my dream

So now we are in crucial moment, 1234 is important to keep I will consider to close some positions if it cannot hold above this level again i will be very busy this morning, so good luck all

From HKD$3000 to my dream

it's actually 1am here in Hong Kong now i am quite tired and i am going to sleep soon all i want to say is we can be very positive if it can breakthrough 1234 and stay up there (very positive i mean aiming at 1250 level) 1234 is the level that it ...

From HKD$3000 to my dream

yes, you are right, that's the most important point. Those lines are just horizontal lines, they won't give you directions, they only provide the ground for you to fight and defense So we need other things to determine directions I don't mind if the ...

From HKD$3000 to my dream