Gold Futures 240 Comex Updated 5/24/2016As predicted using the Median Lines, you can see that price has dropped significantly. Look for continued downward pressure to lower Median Line parallel.
Medianlines
cant coming out of daily cloudmacd crossed
j hook pattern get our book on amazon best pattern
bollinger bands expanding
good candle
rsi strong
strong cci
top of percent r and cci
money flow strong
good long base
USD - Hell of a range and on the way to the south?P5 is reached...at least it looks like.
The tiny lower close is very suspicious...
At least price broke out of the "creative" downsloping Fork and reached the CL.
From here price either zooms through the CL, or comes down to the L-MLH.
Chance for the walk to the south are 80% - same as going to the CL!
And why NOW?...well, as i said, price reached the CL. So it's at the center OR
it is at a potential extreme. If you think about it for a while - the CL could be the
upper extreme...if you threw in a WL (Warning line = 50% projection to the downside)...
Think about this...
P!
NSC - Dead End for the Bears?This Company was mentioned in my options group
and it looked very interesting to me. So i got my
hands on it and found a nice potential trade.
The fast run down seems to have a end.
Frequency catched up bevor, then shifted and now
we find price at the WL (Warning Line), where the
shifted Frequency meets Action/Reaction.
Potential for a long with a nice stopp below 71
seems a fair bet for a PTG between 95/100.
P!
Gold - Potential to fall below 1100Trade what you see...Facts, nothing more.
In this Chart the facts are, Gold has had havy resistance athe the CL's and the U-MLH, now breaking the most important, Big-Boy CL's again to the South.
Steam is blown in the wind and many probably getting hurt...again...
Longterm i see Gold far below 1100, not just at the CL.
...but this is just my opinion, no facts, just reading in the Espresso ;-)
P!
GBPUSD Short-Long setupIdea is based upon Elliott wave theory, supported by median line analysis. More info on the chart. Good luck
EURUSD setup to catch the XY moveIdea is based upon Elliott wave theory supported by median line analysis. More info on the chart. Good luck
EURCAD Long SetupIdea is based on Elliott wave theory, combined with median line analysis. Anticipating an ABCD pattern at the 1.27 fib extension of AB.
More info on the chart. Good luck
EURUSD about to correct?Idea is based on median line analysis and simple support resistance. Info is on the chart. Good luck
NZDCAD Long short setup. Correction ahead?Idea is based on median line analysis. Info is on the chart, good luck.
Two scenario's to ride the next bullish gold impulseIdea is based on median line analysis and basic support/resistance. Information is on the chart. Good luck
GBPNZD short setupIdea is based on median line analysis, fibonacci ratio's and basic support/resistance. The rationale behind this setup is shown on the chart along with specific targets and stop loss. Good Luck
EURJPY Long setupIdea is based on median line analysis, fibonacci ratio's and the use of the following indicators: Bollinger bands, Stochastics and MACD. The rationale behind this set up is shown on the chart with specific targets and stop losses. Good Luck guys.
AUDUSD short setupThis idea is based on a combination of Median Line Analysis and momentum indicators. The rationale behind this setup is shown on the chart along with specific target and stop loss. Good luck guys.
GBPUSD short setupIdea is based on on a combination of median line analysis, basic support and resistance and the use of Bollinger bands. The targets and stop are mentioned on the chart. Trade at own risk please.
Haven't been publishing or trading that much guys, life can be quite a hitter sometimes, but I am back! and looking forward to interact with all of you. Cheers Hamza
$GBPJPY Bullish Gartley Potential
$GBPJPY doesn't show any "Unusual" price activity until now. Compare to last swing low at same level, this is one is too mild. I am looking for intraday Bearish formation after the break of the support or Bearish formation at higher level.
GBPUSD: Where Do You Go? Median Line First Test TradingNotes:
(1): Bear Median Line
(2): Bull Median Line
(3): Decision zone.where I don't know price will test which Median Line.
Trade conditions:
*** Long: If price break the Red ML, price will test the transaction of Blue ML and 61.8% Fibo level.
*** Short: If price fail to break Red ML, price will go down up to Lower RL at 138% Fibo level.
