Gold Mining - Using Each Trading Day's Trend | Page 27 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #521
  • Mar 14, 2020 4:38pm Mar 14, 2020 4:38pm
Quoting BiteFX
{quote} You will see the magic if we stay put. 0.01 is the start point of greatness in trading .
I cant't wait to start playing with 0.02
  • #522
  • Mar 14, 2020 8:37pm Mar 14, 2020 8:37pm
Quoting Trader1971
{quote} As per our pm. Hope this can help. {file}
how do u use this and what time frame?
  • #523
  • Mar 15, 2020 4:37pm Mar 15, 2020 4:37pm
I just saw this on the calendar, then I knew we should be expecting a serious gap when the market opens.

Friday's trade closed with 490pips at the open of market .

Quoting BiteFX
Friday's trade closed with 490pips at the open of market .
Courtesy...Gold gapping plays.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200315_223313.jpg Size: 21 KB
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  • #524
  • Mar 15, 2020 5:16pm Mar 15, 2020 5:16pm
Monday, March 16, 2020.

Bears sold off on Friday with a big move. Early buyers were ripped apart.

Today, Gold has found support and has broken out from both my green trendline and red trendline with the opening gap up.

Hence, we should expect a retest of the lines,and then a continuation of the bullish market.

Trade idea...Buy in between P and S. Stop loss at S or B

We Stay Alive Dudes.
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  • #525
  • Mar 15, 2020 5:27pm Mar 15, 2020 5:27pm
Quoting BiteFX
Monday, March 16, 2020. Bears sold off on Friday with a big move. Early buyers were ripped apart. Today, Gold has found support and has broken out from both my green trendline and red trendline with the opening gap up. Hence, we should expect a retest of the lines,and then a continuation of the bullish market. Trade idea...Buy in between P and S. Stop loss at S or B We Stay Alive Dudes. {image}
Clue...the high of the last green candle or the high of the last red candle before the last two green candles .

Quoting BiteFX
{quote} Clue...the high of the last green candle or the high of the last red candle before the last two green candles .
This said because the gap needs to be closed...
But, the Japanese said to go in the direction of the gap.

I am a stubborn Bull today .
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  • #526
  • Mar 15, 2020 5:43pm Mar 15, 2020 5:43pm
1525.00 was a psychological level the Bulls were not willing to give up.
They would defend it with their might.
I think they are pulling their weight right about now.

let's expect more to the upside .

Quoting BiteFX
1525.00 was a psychological level the Bulls were not willing to give up. They would defend it with their might. I think they are pulling their weight right about now. let's expect more to the upside .
You may actually place a buy limit here if you please .
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  • #527
  • Mar 15, 2020 5:51pm Mar 15, 2020 5:51pm
I have been wrong many times before, and lost money.

I am always wrong until the market says I am right.
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  • #528
  • Mar 15, 2020 10:05pm Mar 15, 2020 10:05pm
Quoting BiteFX
{quote} Clue...the high of the last green candle or the high of the last red candle before the last two green candles .
Trade activated ...and still looking good at the moment .

Quoting BiteFX
Monday, March 16, 2020. Bears sold off on Friday with a big move. Early buyers were ripped apart. Today, Gold has found support and has broken out from both my green trendline and red trendline with the opening gap up. Hence, we should expect a retest of the lines,and then a continuation of the bullish market. Trade idea...Buy in between P and S. Stop loss at S or B We Stay Alive Dudes. {image}
This should be a 1R=2R trade.
With Bullish gap(window in Japanese) closed.
I am looking at B-1656.59 take profit.

Later things dudes...and

I Stay Alive...
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  • #529
  • Mar 15, 2020 10:14pm Mar 15, 2020 10:14pm
Quoting BiteFX
{quote} You may actually place a buy limit here if you please .
Who entered this trade? 1525.00 psychological level?

You'll be smiling throughout today.

Stay Alive today.
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  • #530
  • Mar 15, 2020 10:20pm Mar 15, 2020 10:20pm
This is happening throughout today, then let's make money throughout today. Simple logical Mathematics.
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  • #531
  • Mar 15, 2020 11:05pm Mar 15, 2020 11:05pm
Quoting BiteFX
Monday, March 16, 2020. Bears sold off on Friday with a big move. Early buyers were ripped apart. Today, Gold has found support and has broken out from both my green trendline and red trendline with the opening gap up. Hence, we should expect a retest of the lines,and then a continuation of the bullish market. Trade idea...Buy in between P and S. Stop loss at S or B We Stay Alive Dudes. {image}
Once price begins to trade comfortably above P, R won't be much of a concern to stubborn Bulls...As B will likely be where they may want to take a pulse before continuation.
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  • #532
  • Mar 15, 2020 11:25pm Mar 15, 2020 11:25pm
Fibonacci Parameters
BEARISH FIBO-1599.07, 1505.99
BULLISH FIBO-1505.99, 1599.07
PIVOT-1552.53

Download template from first post , first page.
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  • #533
  • Mar 16, 2020 5:06am Mar 16, 2020 5:06am
Killing Bears won't allow us to go above P.
what's up nau?
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  • #534
  • Mar 16, 2020 5:09am Mar 16, 2020 5:09am
Quoting BiteFX
Killing Bears won't allow us to go above P. what's up nau?
A break below S will invalidate the Bullish bias.
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  • #535
  • Mar 16, 2020 5:31am Mar 16, 2020 5:31am
Quoting BiteFX
{quote} Clue...the high of the last green candle or the high of the last red candle before the last two green candles . {quote} This said because the gap needs to be closed... But, the Japanese said to go in the direction of the gap. I am a stubborn Bull today .
Market Price says am wrong this time.
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  • #536
  • Mar 16, 2020 5:36am Mar 16, 2020 5:36am
Bears eyeing 1475 psychological level.
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  • #537
  • Mar 16, 2020 5:50am Mar 16, 2020 5:50am
Price broke last week's Friday's low, and found its way right back into the downward sloping red trendlines.

Bears aren't done yet.
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  • #538
  • Mar 16, 2020 5:55am Mar 16, 2020 5:55am
It seems I read somewhere, can't remember now, a man forecasts "gold will go to 1000usd per ounce , that's its normal price".

Meeeen, that'll be a long walk. I don't think its today. Lol
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  • #539
  • Mar 16, 2020 6:01am Mar 16, 2020 6:01am
1475 reached. Eyeing 1450.
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  • #540
  • Mar 16, 2020 6:19am Mar 16, 2020 6:19am
Looks like the bulls are finding a support ground around 1475 psychological level.
My spiderman chart analysis has one last bullish trendline there. And if broken downwards, the market would be heading straight to 1225 psychological level.

So, I bought at 1468.78.
Gold is going wilder everyday!
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