Hold The Gold

Gold is in a super buy state. Will simply explode! Soon...

Not before a lower channel touch, maybe even a false brake... Maybe on Tuesday-Wednesday? Not before the United States Electoral College votes for... Trump. Again.

MoneyManZilla where have you been?!?

Ive needed your help taking down the monkeys on the GBPUSD thread

Whatever you are up to i wish you the best!

This is how gold's ~$200 dive in (~1960 to ~1760) did affect some of the balances. Buying only...

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Quoting MoneyZilla

Disliked

Gold is in a super buy state. Will simply explode! Soon...

Ignored

Was it a false break?!?

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Gold's next top (if there is not further fall below 1828) will be $1,908. +/-$10. I lean more towards the +$10... This is if we are not in a sell trend, which we are not.

However, if we are in a sell trend and I am wrong (unlikely)? Then max is 1883. +/-$10. More likely +$10 here, too.

If 1815 is the latest bottom?
Next (minimal) reach will be 1878.
Maybe this week...

Any touch or around, the last 24 hrs price, should cause a bounce down?

Would be utterly surprised, if it does not...

Probably will range, crawling slightly North-West?!?

Missed something.
Price seems to be going to 1899. At least. If there will be no new bottoms, of course. Just the current ~1817 opens up 1899. I am sorry.

When 1899 will be? Maybe next week...

Probably $1.817 will not stand?!
I will be highly surprised, positively, if they do not make a new bottom below $1,817, before reaching out $1,899?!?
Let's hope she will rise up?
It does not look good... she will do it today.

The last 24 hrs average price, in a sell momentum, usually blocks most of the enthusiastic attempts for going up...

Lele Majko!
Brake it up, baby!
I am a sensitive and a fragile person...

Will continue higher up, but not today...
This pin pointing up means exactly that.
The 24 hrs average price upper breakout was a false one.
With a sign left, of what is going to happen next... in the following days.

The super buy state collects hidden kinetic energy?👁
Waiting for the eruption?
Might be just a steady and a slow move up?

These are my lucky entries.
Usually the draw-down when buying only, is x2, x3, x4, x5 BIGGER of the collected TP pips.
Money management is applied here to survive all market conditions (like over 2k pips falls) .
When the accounts do grow, the TP pips will grow as well (not the lot size).
The draw-down (when it is really big, after a big fall down) tells where the next top will be?
That next top is equal to the pips lost while in a draw-down.
If the draw-down is -$1,000 on 0.10 buy lots (-1,000 vertical pips), the next top will be +1,000 vertical pips above the break even point ($0).

Account safest target is 100 pips per entry.
Even when the price is falling down, this target gets achieved. Always.
My more greedy targets, like 200, 300, 400 and 500 pips per entry might get in trouble, if we are into a steady down trend...
Maybe not the 200 pips one, but the rest, for sure...

Another tp of $10 per entry did closed...

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This night I could not sleep well. For a very good reason. My brained tried to figure it out how to lower down the risk even more and gain the same amount of money, on the very same signals base?

Because I am using the rate's 20%-25% promotion. Of enter right now. Here. Yes, here. Just here. It did turned out, I can take every 5th signal instead of every signal that follows, and increase the target from $10 to 50$. Thus the draw-down also goes down x5 times, lower. From 120 signals per month, I will take just 24 and aim at $50 for each. Same $1,200 are generated right now and will be generated with that new idea of mine (dated from April 2020, but fully understood today, IQ is 69... these mangos, kitties and bushes are sucking my brain energy, whatever left.).

It is hard to explain it here, but the target of $10 is a premature exit, kind of. In 19 out of 20 times, the draw-down = max profit allowed (due to the flat lot in use for each instance), before the rate turns around. So, I can do this, same income, for just 1/5 of the draw-down, ideally. Probably this will happen in a slightly different way than planned, but the positive outcome on the draw-down is 100% guaranteed. And likely, the income will become quite similar...

Brains. Big brains!

This is invisible for the eye...
The buys, almost, never stop growing...

Approaching the 10 day average price.
For a first time since August 2020, in December 2020, the price steadily stood above the 10 day average price.
This was the longest period of the price being above or below it (since Aug’20).
The chart is trying to show us the downtrend (fake!)?!

The max draw-down shows where the next top will be (max profit). That appears to be around $1,914.