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Attachments: SRTLfd Discussion
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SRTLfd Discussion

OIL certainly coiling up in an interesting ZONE.

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Always learning
Quoting fxpider
Are OIL and GOLD negatively correlated?
about 60% correlated.
mostly dependent on USD.
right now oil is messy compared to gold
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ITB - Seeking Orderliness amongst 'Randomness'
Quoting Inthebox
{quote} about 60% correlated. mostly dependent on USD. right now oil is messy compared to gold {image}
Does it mean that if when (60% of the time) GOLD is down, OIL is down too, or the opposite?
Always learning
going into europe, watch gold h1.
3 inside bars
ITB - Seeking Orderliness amongst 'Randomness'
Quoting fxpider
{quote} Does it mean that if when (60% of the time) GOLD is down, OIL is down too, or the opposite?
the first one.
but it's difficult to say.
oil production controlled mostly by OPEC for the benefit of their own countries.
gold control by? i think no organization.
ITB - Seeking Orderliness amongst 'Randomness'
Quoting Inthebox
going into europe, watch gold h1. 3 inside bars
That also comes with a possible FAKE OUT move.
Always learning
Quoting fxpider
{quote} That also comes with a possible FAKE OUT move.
this lady just want to dance and tease all day long.
tuesday low of the week. wednesday high of the week.
however h1 each candle shows lower highs.
yesterday low violated, not so with today asia high.
ITB - Seeking Orderliness amongst 'Randomness'
holding at the moment
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ITB - Seeking Orderliness amongst 'Randomness'
Wow, this thread is drawing increased traffic.

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Always learning
Quoting fxpider
Wow, this thread is drawing increased traffic. {image}
all very shy. good good.
but hey where are your green and red indicators?
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ITB - Seeking Orderliness amongst 'Randomness'
Just flipping thru the chart of all the majors, looks like USD is going to extend its run.

In that case, GOLD and OIL should go down.
Always learning
story telling time before frankfurt open.
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ITB - Seeking Orderliness amongst 'Randomness'
Quoting fxpider
Just flipping thru the chart of all the majors, looks like USD is going to extend its run. In that case, GOLD and OIL should go down.

https://www.bloomberg.com/news/artic...ysis#xj4y7vzkg
ITB - Seeking Orderliness amongst 'Randomness'
asia session done.
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ITB - Seeking Orderliness amongst 'Randomness'
be careful of lady with long legs.
frankfurt tricking you for london move.
watch asia high.
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ITB - Seeking Orderliness amongst 'Randomness'
frankfurt open counter trend
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ITB - Seeking Orderliness amongst 'Randomness'
Quoting fxpider
OIL certainly coiling up in an interesting ZONE. {image}
My first OIL trade ever.

I think this instrument is best traded in NY.

Edited: from one SRTL to another SRTL

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Always learning
Quoting fxpider
{quote} My first OIL trade ever. I think this instrument is best traded in NY. {image}
lots of gaps in all time frames. careful.
ITB - Seeking Orderliness amongst 'Randomness'
Quoting Inthebox
{quote} lots of gaps in all time frames. careful.
Not trading OIL anymore in LONDON, Just watching and waiting for GOLD (Lady) to come to me.
Always learning
Quoting Inthebox
{quote} lots of gaps in all time frames. careful.
Hi mate , i trade a lot of gaps but in the last two weeks the gaps have been dragged out by the brokers to cause stoplosses to get taken things have changed on the charts so b books have found away to get there bonuses
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this buy gap is a negative swap
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
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