DislikedI think you are completely wrong. All TFs are pointing short - lower lows, lower highs, lower closes. Even monthly close is below 1564 (lowest close of support). A lot of hammers, but price is not able to go up. It wont last long time and the gold will be traded on 1500 and lower.Ignored
Strat's Long Term Stress Free Trading
- #16,542
- Jun 1, 2012 4:21pm Jun 1, 2012 4:21pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,545
- Jun 3, 2012 6:56am Jun 3, 2012 6:56am
Your analysis is good.
For your lowest risk and stress you should wait for a close above the Big Boss supply line but if you are a risk taker you could trade the Worker with a close above its supply line accepting that it may stall/retreat at the next higher time frame supply line.
D1 showed a strong BUEB after price strongly support by 1530.
The next bar of H4 should showed a cross of 20 above 50. I will enter long if there is any PASR entry when price near H4 20.
- #16,546
- Jun 3, 2012 7:25pm Jun 3, 2012 7:25pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #16,547
- Jun 4, 2012 2:50am Jun 4, 2012 2:50am
Don't even think long until PRICE has closed above the white line
Just checked out that my MT4 got some problem it did not update the price.
Sorry Strat, price actually broke the white line. I am waiting a retest of your white line(1600).
- #16,549
- Jun 4, 2012 11:50pm Jun 4, 2012 11:50pm
Why do you need indicators, EAs, robots and other crap when you have this:
The difference in closing time meant the hammers on ibfx platform were pretty much perfect.
So, mon morning (sunday to you foreigners) I pulled up the 15 min charts (as I do) and waited... for the retrace
..then I waited a bit more..
..and as it moved in my direction, added a bit more..
Entry risk is defined.
Now we look for target..
Suggestions anyone?
Took what was on offer at 76.40 on two thirds of my position (hit 76.46 on my brokers charts),
Then "re-fuelled" as we re-visited the lower reaches of the price range.
(you will note the order numbers are different to my original post).
I will probably take a little more off soon, leaving the rest protected at 74.50 and the SL covered by profit already taken.
- #16,554
- Jun 10, 2012 4:05pm Jun 10, 2012 4:05pm
Took what was on offer at 76.40 on two thirds of my position (hit 76.46 on my brokers charts),
Then "re-fuelled" as we re-visited the lower reaches of the price range.
(you will note the order numbers are different to my original post).
Attachment
I will probably take a little more off soon, leaving the rest protected at 74.50 and the SL covered by profit already taken.
..Mind the gap...
- #16,556
- Edited 5:08pm Jun 11, 2012 4:28pm | Edited 5:08pm
Why you gotta be so mean?
You, with your switching sides and your walk-by lies....
Was going to post this last night (yeah, I mean KIWI time); but I was feelin' " Mean".
(And, beside that, the thread seems "dead"?)
Hope you all watched that Gap
.
- #16,558
- Edited 5:16pm Jun 11, 2012 4:50pm | Edited 5:16pm
Will you draw?
Will you fold?
Will you start playing wild?
What is the future for yesterday’s child?
Another chart I coulda/shoulda posted yesterday.
Always Retreat from Aliens!
That, perfect "tweezer" double top on the daily was the giveaway.
- #16,559
- Edited 5:33pm Jun 11, 2012 5:26pm | Edited 5:33pm
Also used last night as an opportunity to exit this baby.
At least, what was left of my position.
