Annoying slow price action this morning, i want this to move at least jesus christ

Im lost as to a reason why but your reason sounds interesting. I shall investigate this some more

True... engulfing candles on Silver/Gold tend to fake out ... why is that? I only ask as I laughed when you said this as I have the same problem from time to time on lower timeframes...

Nice. Gap just closed on XAGGBP too, Gold wont go lower at 1325 ... who thinks its going to be bullish day... I do

Quick money on the open then guys lol

I like this thread bro, its a good subject to choose. I wouldnt have entered at all as a SHORT set up was not there and would not be good for money management if price decided to swing high at the Daily Low of the trend.... entering SHort ...

Thats why i only tend to trade this kind of setup on a H4 or Daily basis as there is far too much noise on lower time frames inlcuding swings from news. Larger timeframes tend to eventually hold their technical bias whatever the news outcome. Ive ...

Exactly As long as we have sensible stops, reasonable and achievable targets, evidence of support or resistance at a certain price then yes we are If your buying/selling a correction with a potential of over 100 pips then id say that ...

Not a problem at all, i am here to learn just as you are mate Yes the overall trend may be down but where is the price going today? Its question of wanting to mke money today/this week or in 3 months time. Smaller timeframes like the 5 minute and ...

The expected retracement (entry)/ extension (TP) targets are as follows.. 38% - We can expect 161.8 Extension with good monentum as a target. 50% - 61.8% - We can expect 161.8 extension as a target. 78.6 - We can expect 1.27 Extension as a target. ...

The 86% level is not always gospel you take a look below and you can use even smaller timeframes to determine the retracement....using harmonics and fibs.. 1. The Initial Run up is the Daily Buy Signal so we expect retracement. 2. Price fails to go ...

Thank you very much! Well the idea of the retracement entry for counter trend trading is this .... When picking the bottom, wait for the BUY signal, this may take a while to play out buy the rush of BUYERS at a certain level putting in new highs, ...

IMO counter trend trades are only safe on larger timeframes, as long as you pick a good entry, the profit potential is there and the stops can be tight, again provided you have picked the correct entry, lower timeframes have stung me so much in the ...

Harmonics are good for buying/selling corrections.... Fibonacci also. Check back on this in a month and see the results. FOR EXAMPLE .... Current AUD/NZD Daily Chart image

As I said above I am already LONG at a total position now of 12.07 as I closed my £11.83 Long and the stacked lots which recouped my losses. But currently sit about 1100 pips in the red on my total position at the moment. I am confident that now we ...

post a chart or your going to the chokey ha

Obvious Selling before the news ..... Just wants to make me buy up more and more at better prices... however as im long Silver ill stick to my positions Pent up energy in the bulls should blow north early next week, all the technicals are there ...

Could see this coming, chin up mate, next set up just around the corner Yesterday

I know im not preaching at all bro, just saying, might help you out in future. Just be confident in what you are doing. Dont listen to noise, and if you do and it is different to your opinion, weigh up the pros and cons of each and make an educated ...