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Commodities

gold and dollar11.19.19 A look at that complex, currently ambiguous relationship ship between the dxy and gold. I did not have time to say that I think the gold probably will go lower based on the price action and the recent correction lower followed by a weak 382 correction higher, but it also has too much risk if you use structural stops. I didn't get to this because I spent time describing how coils ( non-directional markets and indecisive buyers AND sellers ) pick up interest through a series of wash and rinse patterns of buyers and sellers ( starting with either group )....and expand ( bars and swings ) producing more volatility and opportunity. There is also an interesting story you should Google about a lady that did it her way and turned about $1000K into well over $41M...and now has some of the best numbers in the industry with minimal risk at the time of that interview.
FX:XAUUSDEducation
by ScottBogatin
Do you think GOLD will go further down?XAUUSD - Do you think GOLD will go further down? Trend: Buy/ Neutral BUT IF.. Support/Resistance: R1: 1480.428 S1: 1459.407 S2: 1407.433 Price action: Sellers weekly candle end up very powerful from sell side perspective. Buyers might get away for a while, but if they're able to hold under S1, then trending will show who from the market paticipants is more powerfull. If the price break below S1, then we might see potencial sell targets to S2 Potencial trade idea: Bulls targets: T1: 1480.428 Bears targets: T1: 1407.433 NOTE – We are trading XAUUSD via the preferred trading setups ELITEFXACADEMY Disclaimer2: Our view on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
OANDA:XAUUSDEducation
by EliteFxAcademy
GoldMost traders are familiar with the experience of sitting on trades for large periods of time without realized losses ( the market hasn't hit their stops...and the waiting is VERY stressful ). Recognizing that markets move in a way that drives traders to a scalping type of trading...and this can keep you from capturing the benefits of trading swings...if you could only do it. What I did not do effectively on this video...was to emphasize that the range boxes go along for a substantial number of days...and when the market breaks lower...you have a pretty good idea of where the next level where you can find buyers...if you want to be a buyer....and even the precise entrance strategy can take a day or so to sent up...and this does not require all you time at the at the monitor if you are strategic...( but not enough time to elaborate on this video ).
FX:XAUUSDEducation
by ScottBogatin
Thanks for your money Making money in crypto is like taking money from a baby. I can show you the direction the price will go and you will still lose all of your money. If you want to be rich like me, first of all, don't own any BTC. Its obviously a bad investment, don't own any, period. So that rules out using Coinbase, Binance, and Unregulated Casinos such a BitMEX. Secondly, you need atleast $10,000 to compete with the big boys in this space. You need to be able to make money no matter which direction the market moves. So you will need to be able to go LONG and SHORT. So you will need to use CME Futures for Bitcoin. That is how institutions profit off of the stupidity of Bitcoin Moon-Boy Bulls. Bitcoin has no chance of becoming an actual currency that can be used as a means of exchange. When the price was $20,000, there were only a couple hundred thousand transactions per day. Yet the fees were over $50 and took a day to process. This is worse than dial up. Bitcoin is a virus that infects and spreads through human greed. It was first discovered in 2010 and after the evil scientist "abandoned it" (yeah I wonder why), it has since spread to millions of unfortunate, desperate, and greedy victims. I would compare it to AIDS instead of rat poison. Because you acquire both by making bad choices. Once the virus reaches its peak where it cannot multiply any further (from environmental factors preventing it from scaling) it contrasts at the rate in which it expanded from. Meaning, $2000 is not an "IF" but a "WHEN". Your average Bitcoin "Investor" (More like Expensive Lottery Ticket Player) has less than $500 invested. These Alt coin Fanboys are just as greedy and naive as the Bitcoin Believers but atleast they realize that they were too late to the game so the only shot they have to make millions is to believe in "centralized currency's" which are nothing more than penny stocks. Only Penny Stocks have actually investors who have a stake and say so in the company, you have no say so in owning either of the 3000 some turds on Coin Market Crap.
BITSTAMP:BTCUSDEducation
by UnknownUnicorn1968121
13
ATR indicator really good to predict trend movementI want to thanks GB50K for introducing ATR to me I just using ATR for a couple of days but notice that in 30 minutes (or short term Time Frame) I could use ATR as an indicator to indicating the trend ATR up gold up = bull trend ATR up gold down = bear trend Use trend line, when broke out of the channel I could see that as change of trend (look at the chart, red trend line already BO) suspected as bull trend for now (need more confirmation)
OANDA:XAUUSDEducation
by salvanost