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Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XAU/USD & XAG/USD - Gold & Silver Traders Thread

Quoting james1254
Gold formed a double bottom above $1,125 and bounced off that level, next target is likely $1,140.
What tf you look to see a double bottom? I see a LL on 1H and then the logic is to look at shorts around the level that you has as target.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 36 KB
Trading in the shadow of SM
Ill try a short at 1136. Hope for resistance 1140 ish
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
If I short gold will go up.
If I long gold will go down.
Who need indicator?
Quoting bouble
If I short gold will go up. If I long gold will go down. Who need indicator?
You"re so funny. But its true it happens most of the time. Grr....
Quoting rencetan
{quote} You"re so funny. But its true it happens most of the time. Grr....
Do you belive me?

Now I short.
Quoting bouble
{quote} Do you belive me? Now I short.
Nope. But i had open sell at 1174 and 1141.
I wish you are right!!!! good luck to all of us
Cheers
Quoting rencetan
{quote} Nope. But i had open sell at 1174 and 1141. I wish you are right!!!! good luck to all of us Cheers
Really?

Thank you so much.
Quoting bouble
{quote} Really? Thank you so much.
Yup. Everything stop at 1145. Hope will not hit till tomorrow.
Quoting bouble
If I short gold will go up. If I long gold will go down. Who need indicator?
If you add a new level to HH LL LH HL with NSH ( New structure high ) and NSL ( New structure low ) you will be managing to on mostly any timeframe to know the direction with 70 to 90 % accuracy. I set up an sample that is attached with an V for the ones going according expectation and an X where it failed ( made an NSH or NSL against expectation )

out of 14 expectations 11 is right 3 goes wrong 79 % accuracy ) . When we get an NSL expectation is always that it is followed by a LH and then a new NSL ( Oposite for NSH ) Simple and very powerful.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 45 KB
Trading in the shadow of SM
Quoting rencetan
{quote} Yup. Everything stop at 1145. Hope will not hit till tomorrow.
Now I close my short.
Quoting Earleone
{quote} If you add a new level to HH LL LH HL with NSH ( New structure high ) and NSL ( New structure low ) you will be managing to on mostly any timeframe to know the direction with 70 to 90 % accuracy. I set up an sample that is attached with an V for the ones going according expectation and an X where it failed ( made an NSH or NSL against expectation ) out of 14 expectations 11 is right 3 goes wrong 79 % accuracy ) . When we get an NSL expectation is always that it is followed by a LH and then a new NSL ( Oposite for NSH ) Simple and very powerful....
Clearly.

Thank you so much.
Quoting bouble
{quote} Now I close my short.
Good for you man, worry free ☺
Now i am worried. just leave it behind, if got hit still win for me.
Quoting rencetan
{quote} Good for you man, worry free ☺ Now i am worried. just leave it behind, if got hit still win for me.
Ok. You have target.

I think gold will play in tomorrow with the news.
Quoting bouble
{quote} Ok. You have target. I think gold will play in tomorrow with the news.
I just wish will go down untill 1081, but i will close it manually just before new year eve.

Good luck.
Quoting rencetan
{quote} I just wish will go down untill 1081, but i will close it manually just before new year eve. Good luck.
Good luck too.
Quoting james1254
Gold formed a double bottom above $1,125 and bounced off that level, next target is likely $1,140.
Expecting to go up when everyone still going short? Funny
I'm still bearish long term but whether the crowd thinks long or short doesn't matter to me.

The crowd can be right - sometimes. There is no absolute rule to go with or against them.
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Quoting Earleone
{quote} If you add a new level to HH LL LH HL with NSH ( New structure high ) and NSL ( New structure low ) you will be managing to on mostly any timeframe to know the direction with 70 to 90 % accuracy. I set up an sample that is attached with an V for the ones going according expectation and an X where it failed ( made an NSH or NSL against expectation ) out of 14 expectations 11 is right 3 goes wrong 79 % accuracy ) . When we get an NSL expectation is always that it is followed by a LH and then a new NSL ( Oposite for NSH ) Simple and very powerful....
Hi Earleone,
Not a GOLD chart,
however it looks to be following your strategy.
Thanks, I'll watch out for it...
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: 161222 USDJPY 2H [1].png Size: 68 KB
Wait, or you will be slaughtered!
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