Dislikedhope some more do, do not know forks theory, is the next solid one giving more support?Ignored
beeb
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Dislikedhope some more do, do not know forks theory, is the next solid one giving more support?Ignored
Dislikedhope some more do, do not know forks theory, is the next solid one giving more support?Ignored
DislikedForks give levels of likely support and resistance - the 20min one i showed earlier led me to lighten longs at 1716 - support could kick in around 1688/91 if 1700 gives way. I don't trade them "automatically" - I look to see how price responds at the lines of support and resistance that they imply.....if that makes sense
beebIgnored
DislikedIt does, thanks
Often apply a simulair approach with vertical levels on USDX while trading USD/EURIgnored
Dislikedyou guys know if there is a silver thread anywhere, thanks, PTL...Ignored
Dislikedthanks brother, was looking, but could not locate one, just wanted to make sure...Ignored
DislikedFurther update on GC 20 min fork posted earlier:
http://www.screencast.com/t/1nM2TGvgs
red circle shows price found support above the ML of the fork, which I take as a bullish indicator in terms of the blue fork...
beebIgnored
Dislikedlooks like it,
there is so much bull-bias involved that every argument to be found attracts buyers. In this case reaching weekly R1 @ 1692.40
Gold will be the most beautiful bear-run ever seen imo, question just is from what level R2 @ 1733?
Searching for next level.....Ignored
Dislikedwe agree to disagree
beeb
edit according to your profile you've been strongly bearish since 17th dec and 1425...ouchIgnored
Dislikedright, but you're not supposed to trade it as soon as you seen the gap.. you need to see the right price action / candle analysis first before you do that.
if this doesn't break 1713.55 we'll see another test to the downside.Ignored