$ Millionaire Traders Golden Price Mining
{quote} I know, Also USDNOK . But any golden levels like we define here I have not found.
{quote} Ah, more illiquid goodness.
), it is the best carry trade on the short side. Thank you for taking a look at it.
{quote} Hope you reaped the rewards of your analysis.Those recent thick ranges did the trick. Q
XAUUSD 1205 level seems interesting If it takes some days it can get help from MA 200. Ratio 1:1 is also close to this area for two last legs and there is structure. {image}
{quote} EURUSD: it's at key level 1.1130 again which is 2015 yearly pivot level (H+L+C)/3. It bounced already a lot around it in Feb and Mar. It might be a strong support or may become a new resistence if broken for real. Let's watch where it goes from here
It is occuring far enough from the 1.1070 level. This means that if price gets there, we are most likely looking at a completed trend cycle and therefore a great entry point for a mid-term long.
{quote} Thanks, I was very busy with family events, the big brothers knew about that and escaped with the money
) A short-term golden level appears @ 1.4635. It's fairly sharp but I would like to see price move up away from it a bit before loading up on longs. Fundamental news (both GBP and USD) has me in waiting mode for now, esp. considering how close by price is to that level.
AUDUSD: looks like Fib-61.8 is broken and this pair may continue its downtrend. I see .7065 - 7100 as a possible area for a quick buy, it's very close to a super round number 0.7 so we may see it will be tested again with fake-breaks as it was multiple times before - see last year Aug-Nov and this year Jan-Feb - and check weekly chart for the past history. {image}
{quote} We've got GBP news coming up in a few hours so we'll see what kind of damage those fundies can do on the PA. This might cause it to move further than expected (or desired
{quote} Price has cut through, but the counter trend rallies have occurred at fairly predictable levels. Price momentum has visibly slowed and for this reason I will consider a reload for a long at .7160 (golden level formed by a cup in Nov 2015). I am actually more daring than you with the lower levels. .7043 was formed by two cups and has otherwise good structure. {image} I am also more daring in this ranging environment than I usually would be since while the long-term trend is still technically down and price is back in a range, the recent bull...
