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  • #17,141
  • Jan 30, 2017 3:48pm Jan 30, 2017 3:48pm
Alien refer to that effect somewhere but I don't know where it is buried in this enormous thread

In any event we review the position when breakout begins and do not enter too early. We need ADX compression on MTF for a big move is my 2cents.
  • #17,142
  • Jan 30, 2017 4:23pm Jan 30, 2017 4:23pm
Quoting Zimbinga
Alien refer to that effect somewhere but I don't know where it is buried in this enormous thread In any event we review the position when breakout begins and do not enter too early. We need ADX compression on MTF for a big move is my 2cents.
Yeah,i know.
But don't you think is very strange this happening?
Just by looking at the price i don't see any clue but then when i look at 21 sto or rsioma they are rising their bottoms and then bbs shows up and explodes to the moon.
Work smarter,not harder
  • #17,143
  • Jan 30, 2017 5:20pm Jan 30, 2017 5:20pm
Quoting marcof91
{quote} Yeah,i know. But don't you think is very strange this happening? Just by looking at the price i don't see any clue but then when i look at 21 sto or rsioma they are rising their bottoms and then bbs shows up and explodes to the moon.
I call it "snake pattern".
Per aspera ad astra
  • #17,144
  • Jan 30, 2017 5:35pm Jan 30, 2017 5:35pm
Quoting marcof91
{quote} Yeah,i know. But don't you think is very strange this happening? Just by looking at the price i don't see any clue but then when i look at 21 sto or rsioma they are rising their bottoms and then bbs shows up and explodes to the moon.
It is an interesting effect - it shows the indicators are doing more than just reflecting price. I am not mathematician so I cannot say how or why
  • #17,145
  • Jan 30, 2017 5:37pm Jan 30, 2017 5:37pm
Quoting jpadvisor
{quote} I call it "snake pattern".
That name works for me - let's look out for snake pattern & call it out here when we see it to study further.
  • #17,146
  • Jan 30, 2017 7:47pm Jan 30, 2017 7:47pm
This pattern was present in Usd jpy daily during trump election..
  • #17,147
  • Jan 31, 2017 7:20am Jan 31, 2017 7:20am
I will not be surprised if Trump gets shot this year.
Seriously,the actions that he is doing is unethical and racist.
I still can't believe that people voted for a multimillionaire that don't know sh** about politics.
Work smarter,not harder
  • #17,148
  • Jan 31, 2017 9:12am Jan 31, 2017 9:12am
Quoting marcof91
I will not be surprised if Trump gets shot this year. Seriously,the actions that he is doing is unethical and racist. I still can't believe that people voted for a multimillionaire that don't know sh** about politics.
Ha....I thought this too. Its a strange scenario that he is actually acting on all the things he said in the run up...Hes signing everything off......So the US cant say he hasnt kept his promises...
  • #17,149
  • Jan 31, 2017 9:19am Jan 31, 2017 9:19am
I believe people wanted change from the traditional politics and they got what they wanted. Anyway trump is a real buffoon and i really expect him to fuck up soon.
  • #17,150
  • Jan 31, 2017 2:59pm Jan 31, 2017 2:59pm
Trump is good for EUR.
  • #17,151
  • Jan 31, 2017 4:37pm Jan 31, 2017 4:37pm
I will see if this one turns out to be a "snake pattern". Zones of confluence seems to be the game of this pattern.
8 sto monthly is oversold
21 sto weekly is trying to turn around to bullish
Daily tf has this pattern still developing
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADmicroDaily.png Size: 36 KB
Work smarter,not harder
  • #17,152
  • Feb 1, 2017 5:12am Feb 1, 2017 5:12am
Where is going Gold?
Interest on Gold rose from the beginning of this new year also because of Trump's election.
Between uncertain timings of future rate hikes in $, I think Gold is bullish.
This is the Daily Chart. After the strong correction from 2016 july to december, we had now a wave up that to me is an impulsive wave (1).
After that a correction of 38,2% of the leg up (2).
Now we are facing a new wave up that can be a third wave and that can reach the 161,8% at 1280.
I'm waiting to see the signals of lower TFs and a good compression of ADX together with a BBS alert, than I'll put all my but on Gold Long.
By the way: a new speech from the new President could be the trigger.TWT.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD#Daily.png Size: 183 KB
Per aspera ad astra
  • #17,153
  • Feb 1, 2017 5:49am Feb 1, 2017 5:49am
Quoting jpadvisor
Where is going Gold? Interest on Gold rose from the beginning of this new year also because of Trump's election. Between uncertain timings of future rate hikes in $, I think Gold is bullish. This is the Daily Chart. After the strong correction from 2016 july to december, we had now a wave up that to me is an impulsive wave (1). After that a correction of 38,2% of the leg up (2). Now we are facing a new wave up that can be a third wave and that can reach the 161,8% at 1280. I'm waiting to see the signals of lower TFs and a good compression of ADX...

I am with two orders sell, expecting a return, I am not having discipline that even before in the entrances.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.png Size: 41 KB
  • #17,154
  • Feb 1, 2017 6:37am Feb 1, 2017 6:37am
Quoting hugomarques
{quote} I am with two orders sell, expecting a return, I am not having discipline that even before in the entrances. {image}
Hi Hugo, your sell trades can go fine today with the news from USA. They should be positive and therefore push Gold down. I also expect this retrace to enter long.
Green pips to you.
Per aspera ad astra
  • #17,155
  • Feb 1, 2017 7:27am Feb 1, 2017 7:27am
Hello guys!! I'm trading about 2 years . But i've never seen such a good system. I'm very very very THANKSFULL to the creator!!! I want you to all you wishes come true!



REGARDS
trend is your friend?
  • #17,156
  • Feb 1, 2017 10:29am Feb 1, 2017 10:29am
Quoting marcof91
I will not be surprised if Trump gets shot this year. Seriously,the actions that he is doing is unethical and racist. I still can't believe that people voted for a multimillionaire that don't know sh** about politics.
For sure,

The point is when.

BR
It is not important how often you fall down, but how often you get up again
  • #17,157
  • Feb 1, 2017 10:36am Feb 1, 2017 10:36am
Quoting jpadvisor
{quote} Hi Hugo, your sell trades can go fine today with the news from USA. They should be positive and therefore push Gold down. I also expect this retrace to enter long. Green pips to you.
Seems I was right about the retrace. I bought the bottom. Hope Hugo took the chance to get out of shorts.
Per aspera ad astra
  • #17,158
  • Feb 1, 2017 11:13am Feb 1, 2017 11:13am
Quoting AlienMan
Hello guys!! I'm trading about 2 years . But i've never seen such a good system. I'm very very very THANKSFULL to the creator!!! I want you to all you wishes come true! REGARDS
Many judge the book by his cover.
If you don't try it,you will not see the real power behind this system.
Welcome!
Work smarter,not harder
  • #17,159
  • Feb 1, 2017 1:49pm Feb 1, 2017 1:49pm
Quoting jpadvisor
{quote} Seems I was right about the retrace. I bought the bottom. Hope Hugo took the chance to get out of shorts.
How did you know you bought the bottom? The 21 stoch on 1hr gold is still pointing down, but seems to be flattening out after the fomc minutes.

On a side note, I've been following this thread for some time with moderate success, I mostly seem to be entering too late most of the times. I really appreciate what you guys are doing here on this thread. Much respects to marco and jp for providing continuity in the thread, posting their thoughts and opinions.
  • #17,160
  • Feb 1, 2017 6:12pm Feb 1, 2017 6:12pm
Quoting jpadvisor
{quote} Seems I was right about the retrace. I bought the bottom. Hope Hugo took the chance to get out of shorts.
Ho jpadvisor, you speak Italian?
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