Thank you mate. Will take a close look
Have a great weekend!
P/S: was that your voice? Sounded authoritative :18:
Thank you mate. Will take a close look
Have a great weekend!
P/S: was that your voice? Sounded authoritative :18:
LOL authoritative isnāt how I would describe it moreā¦ Irish āGā
hahaha .
GBPCHF Reversal IB from neckline of double bottom.
I would be targeting 1.472 as my final TP.
Enter on a break of the mother candle (Red candle)
Lol, yes, my voice, I didnāt listen to it, cos I donāt like the sound of my own voice hahaha.
Prob should have put a āStrong Languageā warning also lolol
Word of warning on UJ.
This is a quite a sign of weakness when something like this appears at a high. It is showing that there are loads of sellers still around the area, buyers where able to push price back up again, so it might continue up another small bit, but I wouldnāt chance buying it.
Here is another video btw, please donāt take it as a trading call, I am still waiting to enter all the setups mentioned in it apart from gold, which I am in a buy and at BE now.
Another winning trade that I got stopped out at BE. AUDUSD H4. Next entry Iāll try let it run without moving to BE.
Yeah you need to come with a parental guidance warning on your intro lol
Just the language of a farmer about this part of the country haha.
Might have to restrict the next video to 18+ haha
Hopefully it doesnāt offend anyone
Nope, I have already taken profit and am at BE now.
Waiting to see what next week brings. Time to chill out for the weekend.
[QUOTE=āwestpest;614160ā]XauUsd Monthly Chart Your not worried about the low volume run up and monthly pin. <img src=ā301 Moved Permanentlyā/>[/QUOTE]
I shorted gold through GLD ETF, great 2 bar reversal off of horizontal resistance at 130.60 and trend line resistance at 130.00. 2BR is 2x-3x larger than previous candles. Also longs are close to record highs at around 85%, which means the long squeeze should be pretty epic and cause a swift fall.
2BR is on weekly candle
Hahaha! That is the face of most gold perma-bulls right now.
Also wanted to throw in there, as a bonus there is a descending triangle forming, the pattern started forming on 4/26/13. with 2 bottoms already formed in the triangle, there is a high chance of it actually breaking out on the 3 attempt. Given the great risk reward, if price moves down aggressively I may hold my position for a breakout of the pattern, and then hold to 98.
Speculation is an account killer
[QUOTE=āadamjn;614191ā]Speculation is an account killer [/QUOTE]
Everything we do is speculation based !Lol. Question is if your speculation is founded in price action or not. For me, gold has a very nice and clear weekly price action setup.
Krugman,
Personally I like the gold as a long, it has fallen quite a bit in this week and a correction of a major trend lineā¦
This is my analisys, I believe it has room to fall, some follow through but there is a shift of momentum and escalation of ukraine crisis could resume this metal up momentum:
What do you think?
MAs: 20 - 40 - 200 SMA
Stoch: 8,3,3
DISCLAIMER:
I just want to hear your opinion, do not seeking for confrontation, I love discussing trade set ups.