If you have been applying this to different timeframes, you may have noticed something interesting. The same price can mean completely different things. A level that looks expensive on a lower timeframe can be cheap on a higher one. And the opposite ...

The elegance of simplicity

I hope you had a Happy Eastern. If you did your homework correctly, at this point you may have noticed that percentage ranges work better than fixed round numbers. That is a big hint about how market mechanics work, and the first step to what I’ll ...

The elegance of simplicity

Extremes and the middle If you continue observing, you may start to notice something else. Not all areas of a range are the same. Price tends to behave differently at the edges… and in the middle. Near the extremes, reactions are often stronger. ...

The elegance of simplicity

What to look for After simplifying your chart, you may start to notice a few things. Price doesn’t move randomly. It moves… around levels. Sometimes it approaches a level and reacts immediately. Other times it passes through, only to return later. ...

The elegance of simplicity

Nice plan, a bounce off the LOM back into the range reverting to the mean. Very promissing. Good Luck.

Gold with No Drama

Observation exercise Before adding anything, it can be useful to remove. Strip your chart down. No indicators. No templates. Just price. Switch to bar charts. White background, black bars.(like in the attached picture) Not because they are better, ...

The elegance of simplicity

Simple things are easier to understand. In trading, we can compare it to something we do every day: shopping. We look at a price and we compare it to what we have seen before. Is it cheap? Is it expensive? The decision is always relative to a ...

The elegance of simplicity

Simplicity is often hidden There is a lot of noise around trading. Promises of fast money. Perfect results. Systems that seem too good to be true. Some of it works. Much of it doesn’t. Over time, I noticed that trading, at its core, is not complex. ...

The elegance of simplicity

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(binned per thread starter’s request) Rednose's Trading Strategy

Increasing confidence in this strategy, first couple of trades were stained from anticipation. There is a huge difference between reacting and responding.

(binned per thread starter’s request) Rednose's Trading Strategy

Of course it was a copy and paste, does that change anything? So, you were not interested on the information, you were playing games. Well, it´s the internet, I guess, you find things you´ll never imagine they really exist...welcome to my ignore ...

Gold

I wasn´t rude, it sounded rude, there is a difference. On the other hand you didn´t even considered saying thank you after I posted. I thought you will appreciate the information and since you are a fundamentalist analyst you´ll be able to figure ...

Gold

I really don´t know how to answer without sounding rude but did you read the entire text? there is a part at the end that reads:"summary table" the answer is there.

Gold

A Fed rate cut (when the U.S. Federal Reserve lowers interest rates) and holding rates steady (pausing at current levels) both have significant effects on the U.S. economy and gold prices, but in different ways. 1. What a Fed Rate ...

Gold

Bear in mind: This is a multi-timeframe, confluence-based strategy rooted in the fractal nature of price. It aims for high-probability entries when range levels from different timeframes align with price action and momentum behavior. Do not forget. ...

(binned per thread starter’s request) Rednose's Trading Strategy

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(binned per thread starter’s request) Rednose's Trading Strategy

Please, do not put your hard earned money on the line based on a random internet forum comment. SAve your money, open a demo account and if you really need advice start asking the "why´s" first. Try to develop an understanding on how this sh+t works ...

Gold

18 Nov 2024 — Thanksgiving. Thursday 28 November · US rates close at 6pm. ; Thanksgiving. Thursday 28 November · US metals and energies will close early at 7.30

Gold