Gold Mining - Using Each Trading Day's Trend | Page 51 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #1,001
  • Apr 1, 2020 8:26am Apr 1, 2020 8:26am
Quoting BiteFX
{quote} 1580 breakout... Hmmm... Sote
1570 next... Then we runaway to 1510...Anything is possible!
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  • #1,002
  • Apr 1, 2020 8:34am Apr 1, 2020 8:34am
Quoting BiteFX
{quote} 1570 next... Then we runaway to 1510...Anything is possible!
Gravity is coming!!!
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  • #1,003
  • Apr 1, 2020 9:36am Apr 1, 2020 9:36am
Not sure, but maybe, the double bottom pattern
If the dashed white line will be crossed
wait for London shut down
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  • #1,004
  • Apr 1, 2020 9:56am Apr 1, 2020 9:56am
Quoting QuantaMath
Not sure, but maybe, the double bottom pattern If the dashed white line will be crossed wait for London shut down {image}
Nice one nigg'
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  • #1,005
  • Apr 1, 2020 9:58am Apr 1, 2020 9:58am
Retesting 1590 for a directional bias battle...for today, I still remain ish based on early parameters. Anything is possible! This is Forex.
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  • #1,006
  • Apr 1, 2020 9:58am Apr 1, 2020 9:58am
Quoting BiteFX
{quote} Nice one nigg'
Thanks
  • #1,007
  • Apr 1, 2020 10:05am Apr 1, 2020 10:05am
Still a bad news for USD... Below 50 is industry contraction...wow! Let me just stay with my chart until DJ says goodnight for today.
I Stay Alive
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  • #1,008
  • Apr 1, 2020 10:31am Apr 1, 2020 10:31am
Chart is asking me to stay down... News was about to drive me out of the trade...am a technical trader.
Meeeeeen...I Stay Alive!
Let the market judge me, and not funnymentals.
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  • #1,009
  • Apr 1, 2020 10:49am Apr 1, 2020 10:49am
Quoting QuantaMath
Not sure, but maybe, the double bottom pattern If the dashed white line will be crossed wait for London shut down {image}
QuantaMath did you buy the market?
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  • #1,010
  • Apr 1, 2020 10:57am Apr 1, 2020 10:57am
Quoting BiteFX
{quote} QuantaMath did you buy the market?
Not yet,
if the white line break and, if it will confirmed by pullback.
  • #1,011
  • Apr 1, 2020 11:01am Apr 1, 2020 11:01am
Quoting QuantaMath
{quote} Not yet, if the white line break and, if it will confirmed by pullback.
Ouk... Well done
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  • #1,012
  • Apr 1, 2020 11:02am Apr 1, 2020 11:02am
My protective stop is hit am out... Will await another parameter for tommorrow.
Total loss today stands at 120pips.
Thank you.
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  • #1,013
  • Apr 1, 2020 11:20am Apr 1, 2020 11:20am
It is a break above 1600 that will invalidate this pressure.
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  • #1,014
  • Apr 1, 2020 12:36pm Apr 1, 2020 12:36pm
Quoting BiteFX
Wednesday April 1, 2020. Bears made their intention known yesterday that they were going down with a long bearish candle. Today, the Bearish pressure continues as chart shows a Bearish broadening formation(red trendlines), then both blue and green trendlines giving a sharp downward look, with price trading below them. We are looking for a bullish pull back to retest the 1590 psychological level where a short can be initiated. A break below 1570 will futher validate the bearish movement and open us up to 1510-1500 psychological levels....
Initial trade idea now playing... Am on it... I refuse to be deceived by the market.
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  • #1,015
  • Apr 1, 2020 2:58pm Apr 1, 2020 2:58pm
run is at halt at the moment around 1590 psychological level as are changing the directional bias gradually in their favor and rigorously.
Tommorrow might be an explosion BOOM!
We Stay Alive dudes.
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  • #1,016
  • Apr 1, 2020 6:16pm Apr 1, 2020 6:16pm
Thursday April 2, 2020.

Yesterday, Bulls stopped bears thrust within 1570 - 1590 psychological levels. Furthermore, initiating a bullish set up which closed above 1590 psychological level.

Today, price is seen above both red and green trendlines(signifying a bullish movement) but challenging the blue(dynamic resistance).

A break above and retest of the 1600 psychological level will confirm the bullish movement as rallying will follow perhaps upto 1700-1800 psychological levels.

The invalidation of this bull move will be a break below 1570 psychological level.
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Click to Enlarge Name: IMG_20200401_220852_553.jpg Size: 85 KB
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  • #1,017
  • Apr 1, 2020 6:20pm Apr 1, 2020 6:20pm
Quoting BiteFX
Thursday April 2, 2020. Yesterday, Bulls stopped bears thrust within 1570 - 1590 psychological levels. Furthermore, initiating a bullish set up which closed above 1590 psychological level. Today, price is seen above both red and green trendlines(signifying a bullish movement) but challenging the blue(dynamic resistance). A break above and retest of the 1600 psychological level will confirm the bullish movement as rallying will follow perhaps upto 1700-1800 psychological levels. The invalidation of this bull move will be a break below 1570 psychological...
Trade idea... Buy limit at 1590...wait for price to break 1600, then initiate a buy limit there.
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  • #1,018
  • Apr 1, 2020 6:22pm Apr 1, 2020 6:22pm
Quoting BiteFX
{quote} Trade idea... Buy limit at 1590...wait for price to break 1600, then initiate a buy limit there.
New parameters came in before the close of yesterday's market so, I have been long 1590 since yesterday...

I Stay Alive.
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  • #1,019
  • Apr 1, 2020 7:53pm Apr 1, 2020 7:53pm
Quoting BiteFX
{quote} New parameters came in before the close of yesterday's market so, I have been long 1590 since yesterday... I Stay Alive.
I have been long 1591 since an hour ago.
  • #1,020
  • Apr 2, 2020 12:13am Apr 2, 2020 12:13am
Quoting QuantaMath
{quote} I have been long 1591 since an hour ago.
Let's Stay Alive bro...The market went down to 1585...I hope its a deception. And that it turns out to be a support anyways.
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