D1 Elasticity Pullback Trading

current PA looks rangebound
staying flat

breakout of wr2 and support

Wr2 been treating me good today

Done for today .Will leave my sells whatever happen. I dont give a fuck. Will see if next week gumps are in place or dead. Have a great weekend guys!

wtf just happened the indices

Trump tweet lol

trump tweet

Mad world we live in, a social media post can move the worlds biggest instruments crazy amounts lol. I get he's the president but fuck me

Just as well there were some elastics in place for US indices yesterday, otherwise they might have dropped below the chart, and I would have a clear screen.
Very naked trading scenario!

I have red the Chines stand on the rear earth minerals a few days ago, and in the right time it had become important, soon there will be a small light in the end of a tunnel, which in Feb/March next year will prove to be a heavy train rolling in our direction, once again creating the space below for the lift up, and so on... and so on...
The dedicated "I know it all" deceivers will make sense of all of these, of course after the market move and the masses will be satisfied and applaud this (mis)service and priceless "knowledge" totally deprived of wisdom, while comfortably resting in assurance that at least there is somebody that knows better what is going on. Outside of making silly notices there is nothing else for this type of media to do.

In any way, space is being created for eventual move up, often known as the end of the year rally.
That is if elastic does not snap!!!!

Have had to finish mentioning the elastics, otherwise gbdhr might kick me out from this thread (poor attempt of a nervous "joke" on my account).

Wishing all a good weekend!

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Wander how a "trader" could live without it!

If you created the EA it is easy to test it with the historic data, eg like the ten last years.
I would not trade it actively unless it has been tested.
If it is a black box , type of hocus -pocus one, I personally would give it a miss

Please remember that success means different things to different people

Some "trade" for excitement, others like to sweat profoundly without going to sauna. Still others desire to be bitten by the market, somehow consciously or subconsciously enjoy the pain of loosing, type of masochistic tendency, which at times explain and provides rationale of being miserable. That group which constitutes well above 90% of people posting on this forum achieve a surprisingly high level of success.

Small percentage, IMHO smaller than Prado distribution trade for profit and achieve it. That small minority consider profitable trading as limited success.
Within that profitable trading group there still is an important sub-group of traders who are wise enough to keep these profits, multiply and use them wisely, achieving financial independence. (read a book "Rich dad, poor dad" to have a better idea of financial independence, and possibly "The richest man in Babylon" with some powerful insights like a brickmaker investing money in diamond trade, (obviously not his own money any longer).

Wishing you a success on your journey!

Gold OTH within one hour of London open this morning
H4 elastics gave a good perspective


Looks like trend is the king, kings adviser and the janitor.
A blue colour stochs - H4

A new OTH is travelling up, as I type

Morning. Shooting from WR1

Weekly pivot & strong support

Just discovered that the platform of the above chart displays wrong time, error as it displays 2 hours incorrect difference
One needs to check everything, this is the newly downloaded platform, spoken with the providers and will have to speak more tomorrow - typical
looks like good time for a break and some quality

Chart below displays correct time - important for bar timing

Gold M30 Stochastics and Guppys MAs in harmony, the last NYSE session close and D pivot proved to be significant

Hi Mr Ghbdr
what was youre confirmation to take the sell ?