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Only Gold!

  • #25,181
  • Apr 17, 2015 5:53am Apr 17, 2015 5:53am
Guys,

Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW..

Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price.

Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop.

Lower Val: 1203.75
Upper Val: 1207.77

Seller's safe view: Sell Stop @ 1202.50 with SL $7 away..
IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good.

Feel free to analyze BTBO in your way.. and let's see if we can make killing out of this.

BTBO system does not encourage buying/selling within the range, unless you have a good reason.. IF you insist, you may wanna use upper/lower val as SL, BUT at your own risk. The risk is yours in any case.

You also might wanna run this system in your demo account to get hang of it.

I did not invent this system.. I am just getting this signal from a fellow trader and sharing it here..



If you like BTBO and want more, you can get in touch with me through Skype..
​
Skype: AuroraIN


Risk Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance is not indicative of future results, for eg: Golden Seasons. The high degree of leverage can work against you as well as for you. You can lose all the money you have invested.

Use your MM and trade at your own risk.
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Hello World!
  • #25,182
  • Apr 17, 2015 6:55am Apr 17, 2015 6:55am
The PA is still within the range.. could fly high IF it can breach 1209.. IMO..

Quoting ClockTrader
Guys, Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW.. Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price. Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop. Lower Val: 1203.75 Upper Val: 1207.77 Seller's safe view: Sell Stop @ 1202.50 with SL $7 away.. IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good....
Hello World!
  • #25,183
  • Apr 17, 2015 7:03am Apr 17, 2015 7:03am
Testing BTBO call on a demo account..

Quoting ClockTrader
Guys, Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW.. Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price. Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop. Lower Val: 1203.75 Upper Val: 1207.77 Seller's safe view: Sell Stop @ 1202.50 with SL $7 away.. IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good....
Attached Image
Hello World!
  • #25,184
  • Apr 17, 2015 7:39am Apr 17, 2015 7:39am
Quoting ClockTrader
Testing BTBO call on a demo account.. {quote} {image}
Shorts have been triggered.. neat results should be visible by 12pm NY..

In future, I'm gonna fine tune this a little by adding 1.5 to the upper/lower vals.. instead of 1.25

Fingers crossed..
Hello World!
  • #25,185
  • Apr 17, 2015 7:47am Apr 17, 2015 7:47am
Whichever direction price eventually breaks out from it definitely would be an outburst due to this prolonged ranging for some days now, its like a loaded-spring filled with potential energy but had been praying to go kinetic for a while now.
Less is more...
  • #25,186
  • Apr 17, 2015 7:49am Apr 17, 2015 7:49am
Quoting ajantala
Whichever direction price eventually breaks out from it definitely would be an outburst due to this prolonged ranging for some days now, its like a loaded-spring filled with potential energy but had been praying to go kinetic for a while now.
Yes mate, we've been going sideways on H4 since 25th of March.. We need to get out of this range..
Hello World!
  • #25,187
  • Apr 17, 2015 9:30am Apr 17, 2015 9:30am
Quoting ClockTrader
{quote} Yes mate, we've been going sideways on H4 since 25th of March.. We need to get out of this range..
This could happen within the next several weeks, particularly after NFP reports. Currently, I am short gold from 1205 (as well as oil and EUR/USD) as I think USD has been oversold. Looking for some correction and/or retracement
"The market can remain irrational longer than you can remain solvent"
  • #25,188
  • Apr 17, 2015 10:22am Apr 17, 2015 10:22am
Quoting anton.olff
{quote} This could happen within the next several weeks, particularly after NFP reports. Currently, I am short gold from 1205 (as well as oil and EUR/USD) as I think USD has been oversold. Looking for some correction and/or retracement
Last week I opined that it's gonna tire the traders with it's up/down moves..

Like I said before, I repeat here again.. I see nice and decisive moves into South during the expiry week..

By the end of expiry week, price should be way below 1200 heading towards 1150..

By June end my target would be below 1100
Hello World!
  • #25,189
  • Apr 17, 2015 10:26am Apr 17, 2015 10:26am
The potency of the wave below lower value (1202.5) has been very low.. price been going sideways..

Euro and US session both can have their own BTBO range.. Next time I share BTBO range, I must share the timeframe..

There can be tens of BTBO calls every week.. after all we have dozens of FX pairs.

IF I target $1 profit on Gold, the win rate during tests was 9/10, but it's too challenging.. one bad call would wipe all profit.. I need research a lot on other pairs.. something good like 10/10 would be kool.

Quoting ClockTrader
Guys, Today, I introduce "Bingo Trenz BreakOut" (BTBO) call.. While I have done enough testing.. yet, plz consider this system NEW.. Allow me to share how I analyze this range, in the chart, you see lower val and upper val apart from current price. Subtract 1.25 from the lower val and that becomes your sell stop and add 1.25 to the upper val, that would become your buy stop. Lower Val: 1203.75 Upper Val: 1207.77 Seller's safe view: Sell Stop @ 1202.50 with SL $7 away.. IF you think it's going up, Buy Stop @ 1209 with SL @ 1202.5 would look good....
Hello World!
  • #25,190
  • Apr 17, 2015 11:08am Apr 17, 2015 11:08am
Quoting ClockTrader
{quote} Shorts have been triggered.. neat results should be visible by 12pm NY.. In future, I'm gonna fine tune this a little by adding 1.5 to the upper/lower vals.. instead of 1.25 Fingers crossed..
Closed the shorts @ almost same price.. ~50 cent loss..
Hello World!
  • #25,191
  • Apr 17, 2015 11:28am Apr 17, 2015 11:28am
Wish you all a great weekend!
Hello World!
  • #25,192
  • Apr 17, 2015 4:08pm Apr 17, 2015 4:08pm
Have a good one Clock
  • #25,193
  • Apr 17, 2015 6:48pm Apr 17, 2015 6:48pm
"JPMorgan is now sitting on 54.51 million troy ounces of silver in their COMEX-approved depository in New York."

Keep shorting the futures market (18,000 contracts short) to push prices lower so they can continue to accumulate physical silver.
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Click to Enlarge Name: JPM silver stockpile.png Size: 39 KB
  • #25,194
  • Apr 17, 2015 10:04pm Apr 17, 2015 10:04pm
Quoting srt
"JPMorgan is now sitting on 54.51 million troy ounces of silver in their COMEX-approved depository in New York." Keep shorting the futures market (18,000 contracts short) to push prices lower so they can continue to accumulate physical silver. {image}
IMO, JP Morgan and others will get ample time.. as long as 5 more yrs to accumulate.

They can accumulate.. kooooool :-)

PS: These are conventional banks and already losing business to net based banking systems..

In future, maybe we won't even need such banks.. matter of time.. IMO

This is what many top CEOs in these banks are afraid of (opinion based on official news)
Hello World!
  • #25,195
  • Apr 17, 2015 11:03pm Apr 17, 2015 11:03pm
Quoting ClockTrader
{quote} IMO, JP Morgan and others will get ample time.. as long as 5 more yrs to accumulate. They can accumulate.. kooooool :-) PS: These are conventional banks and already losing business to net based banking systems.. In future, maybe we won't even need such banks.. matter of time.. IMO This is what many top CEOs in these banks are afraid of (opinion based on official news)
Going forward in future, IF there were retina and face recognition based verifications attached with systems like PayPal / Bitcoin etc.. that would make online payments more secure.

Merely login/pass + cookies + IP range etc are not sufficient.
Hello World!
  • #25,196
  • Apr 19, 2015 11:38pm Apr 19, 2015 11:38pm
I hereby share my BTBO view..

BTBO History:

  1. Call was great, didn't share here.. but, few people here know it worked well..
    Summary: $5+ Nice swing; $1+ achieved.. Overall Nice
  2. Call not great, shared here..
    Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss
  3. PF screenshot attached.. will review by London or NY morning

IF BTBO doesn't work well for 10 calls, I'll stop sharing this strategy here..

PS: BTBO is for Bingo Trenz BreakOut

Attached Image (click to enlarge)
Click to Enlarge Name: ss.PNG Size: 11 KB
Hello World!
  • #25,197
  • Apr 20, 2015 12:22am Apr 20, 2015 12:22am
Quoting ClockTrader
I hereby share my BTBO view.. BTBO History: Call was great, didn't share here.. but, few people here know it worked well.. Summary: $5+ Nice swing; $1+ achieved.. Overall Nice Call not great, shared here.. Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss PF screenshot attached.. will review by London or NY morning IF BTBO doesn't work well for 10 calls, I'll stop sharing this strategy here.. PS: BTBO is for Bingo Trenz BreakOut {image}
My sentiment for this call.. we going South..

Positions (that trigger) and time will tell..
Hello World!
  • #25,198
  • Apr 20, 2015 12:23am Apr 20, 2015 12:23am
Why am I the only one posting here? Last page was similar too..

Where is the frat?
Hello World!
  • #25,199
  • Apr 20, 2015 1:08am Apr 20, 2015 1:08am
Quoting ClockTrader
I hereby share my BTBO view.. BTBO History: Call was great, didn't share here.. but, few people here know it worked well.. Summary: $5+ Nice swing; $1+ achieved.. Overall Nice Call not great, shared here.. Summary: Poor Swing, ended up sideways; $1 achieved; Closed in $0.50 loss PF screenshot attached.. will review by London or NY morning IF BTBO doesn't work well for 10 calls, I'll stop sharing this strategy here.. PS: BTBO is for Bingo Trenz BreakOut {image}
Wave potency levels too low.. I'll cancel this call..

Asian sessions lack aggressive PA..
Hello World!
  • #25,200
  • Apr 20, 2015 1:08am Apr 20, 2015 1:08am
people tend to post here later, like 2 hours before new york open,thats what i have noticed.
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