Disliked{quote} 1788 is quite possible imo.... but I doubt whether we can go to that level within just one day. I think it is beyond daily ATR in Gold. Best Regards {image}Ignored
Always expect unexpected.
4
Gold Mining - Using Each Trading Day's Trend
- #2,602
- Jun 24, 2020 5:17am Jun 24, 2020 5:17am
{quote} In my calculations, to fulfill its daily range price should reach 1792.91 if it goes upwards.
Seriously, I always have a big problem about determining best EXIT place.
Best Regards
Imagination rules the world ...
Selym Hyll Return This Year:
na
Hi All, Happy New Week {image} Here is another no-standard analysis in H4 chart but I will trade based on this analysis and also other short term view The market has wide range since 14-04 between two green band ( ~1660 : : ~1764) The analysis based on ABC patterns and symmetric of movement in the market. Similar colored lines have the same price movement with 10 to 15 percent error (but they have not the same time scale) Possible result The price moving up in the direction of Yellow line The price moving down in a direction of Light...
The Yellow line scenario has completed.
The last movement was also beautiful perfect ABC pattern
H4 chart
I guess the price has retracement to near 1742 which mean 50% of the last orange Line the White line and blue the rectangle (The market will judge my analysis) and after that I hope the market will kiss 1800 (Based on Mid-Term fundamental not the news, The Events and Policies but PA is a Priority)
We Stay Alive and Stronger
{quote} Hi Dear Friends The Yellow line scenario has completed. The last movement was also beautiful perfect ABC pattern H4 chart {image} I guess the price has retracement to near 1742 which mean 50% of the last orange Line the White line and blue the rectangle (The market will judge my analysis) and after that I hope the market will kiss 1800 (Based on Mid-Term fundamental not the news, The Events and Policies but PA is a Priority) We Stay Alive and Stronger
If the blue trend line will cross then the retracement will possible .
- #2,605
- Jun 24, 2020 5:04pm Jun 24, 2020 5:04pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Trade Idea for Thursday June 25, 2020.
Dark clowd cover on the D1 chart signaling a bearish top reversal. A break outside the elipse confirms the signal.
P. 1764 needs a retest to continue the downward move.
A break above yesterday's high invalidates the signal.
Pro Tip: Don't put all your equity on one single trade... It is better to stay alive, than to be a broke market analyst.
We Stay Alive.
Dark clowd cover on the D1 chart signaling a bearish top reversal. A break outside the elipse confirms the signal.
P. 1764 needs a retest to continue the downward move.
A break above yesterday's high invalidates the signal.
Pro Tip: Don't put all your equity on one single trade... It is better to stay alive, than to be a broke market analyst.
We Stay Alive.
Learn... Work Hard... Trade Alone
- #2,607
- Jun 25, 2020 1:08am Jun 25, 2020 1:08am
Trade Idea for Thursday June 25, 2020. Dark clowd cover on the D1 chart signaling a bearish top reversal. A break outside the elipse confirms the signal. P. 1764 needs a retest to continue the downward move. A break above yesterday's high invalidates the signal. Pro Tip: Don't put all your equity on one single trade... It is better to stay alive, than to be a broke market analyst. We Stay Alive.
Plus, price is at the moment below Daily Pivot Level
Actually I wish this week ended just here....and next week I would short GOLD in a more aggressive way...
Best Regards
By the way - good morning everyone
I am singing this song for XAUUSD
Inserted Video
Imagination rules the world ...
Selym Hyll Return This Year:
na
- #2,608
- Jun 25, 2020 1:37am Jun 25, 2020 1:37am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Just like you told PA indicates a bearish reversal Plus, price is at the moment below Daily Pivot Level Actually I wish this week ended just here....and next week I would short GOLD in a more aggressive way... Best Regards By the way - good morning everyone I am singing this song for XAUUSD
The market is always right...
Learn... Work Hard... Trade Alone
- #2,610
- Jun 25, 2020 5:48am Jun 25, 2020 5:48am
When I look at the chart:
- Bearish Reversal PA
- Price under Daily Pivot (which means that old-stylers are on the bearish side)
- A pillow (red area in the picture) where price can land, relax and continue its journey
I even added one 4h SELL order to my existing trade
In case a drop happens to that red zone, we might see some bulls coming into action next week.
God bless all of us
Best Regards
- Bearish Reversal PA
- Price under Daily Pivot (which means that old-stylers are on the bearish side)
- A pillow (red area in the picture) where price can land, relax and continue its journey
I even added one 4h SELL order to my existing trade
In case a drop happens to that red zone, we might see some bulls coming into action next week.
God bless all of us
Best Regards
Imagination rules the world ...
Selym Hyll Return This Year:
na
- #2,616
- Jun 26, 2020 9:14am Jun 26, 2020 9:14am
Imagination rules the world ...
Selym Hyll Return This Year:
na
- #2,617
- Jun 26, 2020 9:17am Jun 26, 2020 9:17am
Imagination rules the world ...
Selym Hyll Return This Year:
na
- #2,619
- Jun 26, 2020 9:48am Jun 26, 2020 9:48am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Sell @1765-1768 or @1773-1775 or if h1 closes below 1753. Manage your stop losses following risk management and money management. https://youtu.be/y76i580n76o
Learn... Work Hard... Trade Alone
- #2,620
- Jun 26, 2020 9:50am Jun 26, 2020 9:50am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Trade Idea for Thursday June 25, 2020. Dark clowd cover on the D1 chart signaling a bearish top reversal. A break outside the elipse confirms the signal. P. 1764 needs a retest to continue the downward move. A break above yesterday's high invalidates the signal. Pro Tip: Don't put all your equity on one single trade... It is better to stay alive, than to be a broke market analyst. We Stay Alive.
Another sell waiting at 1755/56 level throughout today.
I Stay Alive.
Learn... Work Hard... Trade Alone