Trade the facts, not opinions.
Spot gold EA from OG gold system 8 replies
Gold Miner - Gold future support and resistance level trade 7 replies
DislikedLooking at the M15 chart at the start of the new week Price opened with a small gap up, a very big range for M15 but closed as a slightly bullish, but mainly indecisive candle Bears took price down to below the open, 1 bullish bar and then it seemed like the bears took control. The bearish run finished with a long lower shadow, indicating that the bulls were fighting back, making the day low so far. The next bullish bar was very strong and this single candle basically covered most of the previous bearish candles. The bulls managed to push up to...Ignored
DislikedThis is, certainly an unknown direction. Could be either way, Up or Down. Though, from D1 point of view, rather Down.Ignored
DislikedGumrai, If you wanted to get a couple of good GOLD Pips out of DT, wouldn't this be the simplest thing to do, instead of all that, excuse my words, mumbo-jumbo? {image} My point is, know your instrument well if want to play it. When GOLD is on the run, it is on the run. Look at the D1, Bears slope like hell, as if falling in an abyss. Bulls just slope mildly, sometimes for a long time, but no power. GOLD is one of the simplest instruments to play. Just understand it! Don't fight against it! Don't complicate your life!Ignored