My thoughts on gold H4
what you guys think?
what you guys think?
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- #43,203
- Jan 15, 2020 9:50pm Jan 15, 2020 9:50pm
- Joined Sep 2018 | Status: Trader | 11,169 Posts
{quote} Bias is taken from set ups on larger TF's set ups look the same across all TF's learn candle stick patterns and shapes to help show reversals my examples may not be perfect...Akim can let me know if they are wrong or need some correctionmy example of the W1 chart with Long trade i did take and you can find that in my past posts here i did not let it run long enough, but still got good pips out of it... i still make mistakes...always learning {image} {image} {image}
or this month close red , next mth or march can look for buy entry
based on akim set up for monthly set up
for weekly i think is bear play first so likely second option will occur
i may wrong, only can do is scalp and run and one BE +1 pips for jackpot prevent miss trend reverse
gold monthly set up there but seem bull not giving up, so both side need very careful
- #43,206
- Jan 15, 2020 10:08pm Jan 15, 2020 10:08pm
{quote} I think this month close green , next mth can look for short entry or march or this month close red , next mth or march can look for buy entry based on akim set up for monthly set up for weekly i think is bear play first so likely second option will occur i may wrong, only can do is scalp and run and one BE +1 pips for jackpot prevent miss trend reverse
more upside for shorting would be good
Gold not sure which way it wants yet...watching the little range it's in, maybe NY later to kick it into gear
i was just showing an example of how i look for current bias on a TF with those charts
- #43,207
- Jan 15, 2020 10:21pm Jan 15, 2020 10:21pm
{quote} Bias is taken from set ups on larger TF's set ups look the same across all TF's learn candle stick patterns and shapes to help show reversals my examples may not be perfect...Akim can let me know if they are wrong or need some correction
From weekly point of view the trend is long but from the daily chart above the bias is down so I just need to choose which bias I would follow as the main trend is it right? (of course CS pattern and shape need to be considered also) Sorry I always need more time to digest information I'm a slow learner
{quote} Hi zarach, im just sharing my point of view regarding akim setup.. from what i see if lower 5 lwma cross above mid BB .. it mean for me a buy trend .. i will keep on buying mode on selling side .. after the 1st sell setup .. aka High 5 lwma cross below upper BB.. mostly ppl will PT at mid BB or partial PT at mid BB .. when High 5 lwma cross below mid BB.. for me now it down trend.. so i will keep on selling mode.. . . this is from my observation ... IMHO
{quote} {image} From weekly point of view the trend is long but from the daily chart above the bias is down so I just need to choose which bias I would follow as the main trend is it right? (of course CS pattern and shape need to be considered also) Sorry I always need more time to digest information I'm a slow learner
- #43,209
- Jan 15, 2020 10:34pm Jan 15, 2020 10:34pm
{quote} {image} From weekly point of view the trend is long but from the daily chart above the bias is down so I just need to choose which bias I would follow as the main trend is it right? (of course CS pattern and shape need to be considered also) Sorry I always need more time to digest information I'm a slow learner
i certainly don't want to confuse you or anyone else
simply put, the set up defines my direction...intra day H1-M15 in and out scalps all good
- #43,210
- Jan 15, 2020 10:42pm Jan 15, 2020 10:42pm
- Joined Sep 2018 | Status: Trader | 11,169 Posts
{quote} You think GBP will close green on the Month? i'm not sure how that will finish, but i am bearish Weekly unless the top is broken and a close above more upside for shorting would be good
but is the outcome based on the set up form so only can wait monthly close to decide
- #43,211
- Jan 15, 2020 10:52pm Jan 15, 2020 10:52pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} Well i'm certainly no expert... but happy someone can see some value in my post for me it helps to post some charts or thoughts, maybe someone more experienced will then give their opinions etc so i can learn more GBP i would like to see push higher so Shorts can be entered, as i am bearish on higher TF's... no targets in mind, just waiting for set ups at levels with BB/MA's current H4, wouldn't mind to see the candle come back to test the top of range box, which would also be about the Yellow LWMA and then reject back to upside.... may...
�� just for a cup of coffee...
- #43,212
- Jan 15, 2020 10:55pm Jan 15, 2020 10:55pm
- | Commercial User | Joined Feb 2017 | 24,065 Posts
keep up folks..
i’ll join later at FF/Lo
need check in at my hotel first
🏖
i’ll join later at FF/Lo
need check in at my hotel first
🏖
just for a cup of coffee...
- #43,214
- Jan 15, 2020 11:48pm Jan 15, 2020 11:48pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
people leave, but this thread will go on for ever
- #43,215
- Jan 15, 2020 11:49pm Jan 15, 2020 11:49pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
{quote} mine not yet..
people leave, but this thread will go on for ever
- #43,218
- Jan 16, 2020 12:26am Jan 16, 2020 12:26am
- Joined Sep 2013 | Status: Trader | 25,137 Posts
people leave, but this thread will go on for ever
- #43,219
- Jan 16, 2020 12:29am Jan 16, 2020 12:29am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
{quote} mate what is your gap please ?
half brokers already close
still have Xm n usgfx not yet at 3055
just for a cup of coffee...
