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Gold Mining - Using Each Trading Day's Trend

  • #101
  • Mar 5, 2020 12:35pm Mar 5, 2020 12:35pm
Quoting richard0993
{quote} Do you mean in will reverse at that point?
Yes. Most of the time. But, that's a reversal not a trend continuation.
Then if it halts there today, we check tomorrow to see if our trading parameters confirms it as a true Reversal.
At that point we Short the market.
Learn... Work Hard... Trade Alone
  • #102
  • Mar 5, 2020 1:02pm Mar 5, 2020 1:02pm
One of my parameters towards tomorrow says Bulls are exhausted... And this coincides with my chary's Reversal.
So, I've got a short running already from there.
I Stay Alive...
Learn... Work Hard... Trade Alone
  • #103
  • Mar 5, 2020 1:57pm Mar 5, 2020 1:57pm
Quoting BiteFX
One of my parameters towards tomorrow says Bulls are exhausted... And this coincides with my chary's Reversal. So, I've got a short running already from there. I Stay Alive...
Market price looking to prove me wrong... eyeing 1st Sell.
WOW!
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  • #104
  • Mar 5, 2020 3:29pm Mar 5, 2020 3:29pm
Quoting BiteFX
This is pure Spiderman analysis. I also trade like spiderman A chart of only trendlines. It's amazing how market price interacts with them. {image}
Oh no! Not today.
Gold found resistance at the double bullish trendlines on my Spiderman's chart. Can't print current chart as am away from my PC.
My sell still running... I'm still Alive.
Learn... Work Hard... Trade Alone
  • #105
  • Mar 5, 2020 6:19pm Mar 5, 2020 6:19pm
Quoting BiteFX
{quote} Oh no! Not today. Gold found resistance at the double bullish trendlines on my Spiderman's chart. Can't print current chart as am away from my PC. My sell still running... I'm still Alive.
And mind if I ask you, what is the golden eye reversal will reach
  • #106
  • Edited 6:58pm Mar 5, 2020 6:42pm | Edited 6:58pm
Quoting richard0993
{quote} And mind if I ask you, what is the golden eye reversal will reach
Oh! No golden eye bro... But, am posting something in a moment right about now.
Learn... Work Hard... Trade Alone
  • #107
  • Edited 7:09pm Mar 5, 2020 6:53pm | Edited 7:09pm
March 06, 2020.
Yesterday, Bulls had a breakout and seems to be paused some pips away above Reversal. *Reference yesterday's chart*

Today is a very wide day...The chart has already spoken to us in clear terms that, NFP IS HERE!
*Bulls seem to be exhausted, but will eventually get to Resistance today.*
*Pivot was yesterday's Breakout, and as such I expect a retest of that breakout(Pivot) before any further upside movement*

So, having these at the back of our minds.
Trade Idea...
*Sell Resistance.
*Stop loss Breakout.
*Take Profit Pivot.
*Price may run to support.

*The chart is like a story book read it from left to right, it will tell you what you need to know to make informed trading decisions.*

Let's Stay Alive dudes...
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200306_013655_233.jpg Size: 150 KB
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  • #108
  • Mar 5, 2020 7:07pm Mar 5, 2020 7:07pm
Talking about my Spiderman's chart, it has some cool stuff to say to us today.
I placed it side by side with the Levels' chart.

*Observe both charts from left to right.
*Look at those levels very well.
*Whatever you feel the chart is telling you just follow. I just told you guys mine directional bias for today in the previous post.

On the left, looks cool, we call it say, the movie. While on the right is the rough work, we call it say, behind the screen of play.
Both of them are needed today...Even everyday.

I want to make some money, so...
I Stay Alive.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200306_013842_789.jpg Size: 213 KB
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  • #109
  • Mar 5, 2020 7:32pm Mar 5, 2020 7:32pm
I never trade gold, but i made supply demand analysis. I do not make fibonacci analysis as i know i would not trade gold. It's movement is too fast sometimes, im abit afraid...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200306-083042.png Size: 154 KB
I do not recommend anything, please blame me not. Thanks
  • #110
  • Mar 5, 2020 8:21pm Mar 5, 2020 8:21pm
Quoting BiteFX
Talking about my Spiderman's chart, it has some cool stuff to say to us today. I placed it side by side with the Levels' chart. *Observe both charts from left to right. *Look at those levels very well. *Whatever you feel the chart is telling you just follow. I just told you guys mine directional bias for today in the previous post. On the left, looks cool, we call it say, the movie. While on the right is the rough work, we call it say, behind the screen of play. Both of them are needed today...Even everyday. I want to make some money, so... I Stay...
excellent you are!!!I am admire you.
I'll follow ur step to make profit with you !

thanks Bro!!
  • #111
  • Mar 5, 2020 8:52pm Mar 5, 2020 8:52pm
Quoting BiteFX
We have a breakout at B as on the chart... Gold eyeing V. {image}
This entry is good.
But selling gold actually is doing counter trend now.
Monthly view is bullish.
Although it can retrace down a little deep.

Please note: I do not recommend any long/short as I do not open any gold. Regards
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200306-085321.png Size: 200 KB
I do not recommend anything, please blame me not. Thanks
  • #112
  • Mar 5, 2020 11:03pm Mar 5, 2020 11:03pm
Sell limit at Resistance activated.
Thank you.
Learn... Work Hard... Trade Alone
  • #113
  • Edited Mar 6, 2020 1:07am Mar 5, 2020 11:05pm | Edited Mar 6, 2020 1:07am
Quoting MattZander
{quote} This entry is good. But selling gold actually is doing counter trend now. Monthly view is bullish. Although it can retrace down a little deep. Please note: I do not recommend any long/short as I do not open any gold. Regards {image}
Thanks MattZander,
I know... That is why I follow my daily parameters to know what's up.
I will Stay Alive.
Learn... Work Hard... Trade Alone
  • #114
  • Mar 5, 2020 11:06pm Mar 5, 2020 11:06pm
Quoting richard0993
{quote} excellent you are!!!I am admire you. I'll follow ur step to make profit with you ! thanks Bro!!
You're welcome bro.
Learn... Work Hard... Trade Alone
  • #115
  • Edited Mar 6, 2020 1:05am Mar 5, 2020 11:33pm | Edited Mar 6, 2020 1:05am
Quoting MattZander
I never trade gold, but i made supply demand analysis. I do not make fibonacci analysis as i know i would not trade gold. It's movement is too fast sometimes, im abit afraid... {image}
Thanks for the analysis.
You're welcome here with this great analysis.
We like it here.
Learn... Work Hard... Trade Alone
  • #116
  • Mar 6, 2020 1:08am Mar 6, 2020 1:08am
Quoting BiteFX
Sell limit at Resistance activated. Thank you.
Looking good at the moment.
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  • #117
  • Mar 6, 2020 1:17am Mar 6, 2020 1:17am
The system runs well on Phone too... If you read my first post, then you know why I post both PC chart and Phone chart.

Price is trading on the right side of my trendlines...Bears coming back on board for now.
For now, because I know the Bulls are very very stubborn.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200306_081409_586.jpg Size: 85 KB
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  • #118
  • Mar 6, 2020 1:23am Mar 6, 2020 1:23am
Quoting BiteFX
Price is trading on the right side of my trendlines...Bears coming back on board for now. For now, because I know the Bulls are very very stubborn. {image}
Its wonderful...Bro
very good!!
  • #119
  • Mar 6, 2020 1:29am Mar 6, 2020 1:29am
If P-1654.50 doesn't send price back up, then we go to S-1631.17.
B-1706.67 is a level I know Gold will reach. But, I am not seeing that happening today.
But, this is Forex, anything is possible!
Let us watch the movie today.

We Stay Alive dudes...
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200306_081525_638.jpg Size: 115 KB
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  • #120
  • Mar 6, 2020 1:34am Mar 6, 2020 1:34am
Quoting richard0993
{quote} Its wonderful...Bro very good!!
Thanks bro...
I believe I am always wrong until the market price says am right.
Learn... Work Hard... Trade Alone
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