Ok for educational purpose ... on monday was very clear pattern to trade see the pic (high volume pin pattern), please keep in your database this pattern come often and i said it "never failed pattern' ... lol
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DislikedFor GOLD i dont have any position yet still waiting a good entry maybe at new york time but here is my trading plan for GOLD i maybe be wrong .... {image}Ignored
DislikedTest on Daily with price responding positively to it. Like to see price take out the 7820 high. {image}Ignored
DislikedTest on Daily with price responding positively to it. Like to see price take out the 7820 high. {image}Ignored
Disliked{quote} Brought stops up, AU got a nice little push from the CAD rate decision. Text book trade using only MT4 volume and a horizontal line. Bar A- High volume and close in the middle with the next bar up with a large healthy body. Bar B - This bar looks like its testing Bar A's trigger number, but there is supply on the previous bar. Not the time to be looking to go long. Bar C- Healthy up bar pushing up and through Bar A trigger number. The sellers that were around on the highs of Jan 19th, where are they? They obviously aren't in control if price...Ignored
DislikedI don't trade EUR/CAD often, its a weird pair. But price fell today on low volume, then a NS. just a few minutes ago price dipped to take out stops I think. {image}Ignored
DislikedI was taken out. There wasn't any buying in the background, there wasn't any proof that the pair was being actively bought and price levels being defended. Basically what I did was I saw a lack of sellers on the down move and assumed that if the market isn't weak it must be strong. Turned out to be a risky trade. {image}Ignored