you meant 1088 ?

Reversal City Baby!!

For a single pair modelling, your best bet might be to explore using neural nets. I know of a guy here who got a neural net based model done for gold (xauusd) and traded very successfully. Caveats: 1) its a black-box approach - the neural net is ...

A Statistical Edge

hi Nitsan Levi I like your trading style and would like to learn. Do you still offer the course, if so what are the details, how to join etc. thx

About the course

Until then, just short scalps on break of critical points, or exhaustion of momentum around these levels

Only Gold!

For me, long entry is either show of strength in the 1208-1213 band, or convincing break above 1225. Also would buy for value/ inventory below 1200 (e.g 1194, 1179, etc)

Only Gold!

For example if you have access to level 2 price depth, pay attention to stop sell orders just below 1219.75 area, as well as limit buy orders around this point. The interplay between these will determine the area of next fight.

Only Gold!

Watch pa around 1219.75 with whatever analysis you use - this could be the point of contention between bulls and bears. If broken down, we should head down to test demand around 1217, then retest 1213 and 1208 area. If not, we might head up to have ...

Only Gold!

New support has now formed at 1217 - this will need to be broken for the above targets to be reached

Only Gold!

Oh, OK then I am expecting the price to retrace to 1213 and then possibly to 1208 before it decides where to head next. Further, I would expect these retracements to take place before any move above 1223.50

Only Gold!

retracted - didn't realize it was a commercial thread now.

Only Gold!

Just got back to see my trail has executed. Small consolation prize +$5.25 Out of stock now. Waiting for new inventory

Only Gold!

Trailing stop set at 1206.92 TP at 1221.00

Only Gold!

If it ticks below 1207, I will close my longs and buy at a better price - hopefully (average price 1201.75 thus far). Pity it missed my close target of 1224 yesterday - but such is life...

Only Gold!

For what it is worth, I have added another position to my longs at 1207 (previously at 1212 and 1194) I am expecting (read as hoping) the first leg today to be up. Should it head down first, which is plausible, my plan to add longs at around 1179 ...

Only Gold!

Other side of the coin is that if the plan was to go down to 1280 and below, then this may just be an attempt to pick new limit sells (and eat some stops on the way)

Only Gold!

support (forming) around 1212, 1210, then 1207-1208 area

Only Gold!

yep, makes sense. I see some resistance at 1215, 1217, 1221, 1223.50, then 1232.50. Hope that helps

Only Gold!

I would expect some retracement, at least to around 1210 if not deeper, if only to pick new limit orders...unless the big bad wolves decide to eat the big bad boys

Only Gold!

Well, that did not quite wait for the weekend (1215)

Only Gold!

Previous resistance around 1210.xx now becomes support. Question is, will it hold...if not, we keep going deeper and deeper until sufficient support (limit/ market buys) are found.

Only Gold!