GOLD / Time to Go long?1277 break that open gate to last small target 1265 has been done.
Besides that one, I didn't have any other target and I made my first buy!
Since I don't know will 1254 will be reached and what piece it will develop I split my margin impact into 3 positions!
Sorry for maybe too long video ( whole 10 mins ) I was rambling because my mind is full of some other stuff during the video, but I tried to explain my bullish standpoint.
Thank you, and trade with care.
Here is the EUR USD idea that I mention-why I was looking for a bearish Gold.
Xauusdwave
GOLD / So close to the truthHave to Admit that I am disappointed for stepping in the world of trading with a Stop Loss, last months while trying to use it my trading has gone totally bad.
I will quote something I said from Previous Ideas about 1276.
Whenever there are Gate levels, at some point, Gold likes to break them and go opposite direction without reaching the gate level break - target.
So the thing with 1276 is that it can break it and shoot up.
On the other hand, breaks are blocked by sub pivots! Sub Pivot is 1274.3
In this case, 1276 break will give a target 1254 that I already mentioned, but the trick is to know will gold break 1276 and go straight away down, or it will break it and go opposite direction. That being said SL below 1274 at 1273.2 is what I prefer!
Sure enough, Gate Level was broken Target 1254 has been given, but like stated Gold Likes to break gate levels and go opposite direction!
I am not saying that this up move is indicating that bull is here, not getting emotional from couple $ move, but something tells me that it is what is happening here right now.
GOLD / Close Above 1300Today on opening Gold should move up without breaking 1290, one can buy right at opening!
And close should be above 1300 if we can break 1299.
Other than that of course Aim for 1322 as the first target, then 1348.
Don't forget 1277 is a target as well, but I believe we will go for it after a month or so somewhere from Highs.
GL.
All trades and setup can be seen on 2-100k live trading account.
GOLD / Bullish ProofIn the previous post, I wanted Gold to prove it can be bullish with breaking 77 and 82!
Although I tried short, sentiment immediately changed after 1$ break of 1277.
And of course after breaking 1282!
I would keep buying every daily close without looking at possible dips as they all should be considered as an opportunity to add!
I will update swing L's daily.
But we should reach 1322 and 1348. It should be the right time!
Rejection from a monthly key-level + First monthly move down + weekly bullish swing H break 1282.
Music!
I am ok to post it now! This is a collaboration track. One of the best tracks I have made so far!
Hints of House/Electro and Dance all in one!
Thank you for your support, have a good one!
www.youtube.com
P.S All trades taken can be seen live over at 2-100k challenge trading desk!
GOLD / Half Eaten $As you see on 2-100k challenge account the buy opened Friday is in + based on Friday analysis given that time!
I decided to leave this position open and run it up as it goes.
But this is not a decision made by the system.
That's a decision made by emotions.
AI is suggesting a sell anywhere below 1277.
Emotions suggest - Hold it, it's going to the moon.
The tricky part here is to know is it a reversal?
The Only thing that can prove it is breaking Swing H's like 1277 - 1282 because in trending market it is what it does.
In bullish market it will break Swing H's in bearish market it will break swing L's
That being said. I think I will close the green position and go short. I don't mind losing a portion of profits with sell position.
I just want Gold to prove that it can break swing H's and then I can load the real long positions.
Emotions vs AI.
If Gold is not breaking Swing H's it has a superior chance to visit 1228 like 1,2,3.
The Swing H I'm considering as a bullish proof is 1282.
I may regret this or salute about this, only gold on the chart will tell.
But Like described before I give a fifth of a half-eaten $ about losing profits in this challenge, as far as I have 2K the challenge is intact.
A lot will depend on open price, gaps, first move etc, but if I do something that, of course, can be seen on the account.
Good Luck.
GOLD / The First Move Down / 2-100kLast Month First Move was up, SELL
This Month First Move is down, BUY
I will monitor 1264-1260 for buys!
My targets will be
1282 - 1311 - 1322 - 1348
Of course, will monitor intraday for confirmations and daily swings!
If 1260 area is not broken, don't miss the trade!
Since 2-100k challenge is fully Live, all my actions and trades can be seen instantly.
The 2-100k account will receive the most focus on my trading desk!
Will update here intraday!
GOLD / HFT trading.Hello, guys!
The Moment that a lot of you have been waiting/asking for.
I have spent 2 years in Tradingview now, and there are two things that made me somewhat popular here.
Transition trading and HFT trading.
This post is for those following me for a longer period of time. I won't go over it all for newcomers.
Transitions ain't dead. They are just stuck somewhere in programming desk. Transitions should be back at around 2018 when backtests are done.
Transition trading was one of the most powerful trading systems I ever had, and the beauty of it was that it provided almost risk-free entries.
During Transition trading time posted trading ideas here were the most loved ones.
Behavior changed and they failed which is normal because everything needs updating as market behavior changes.
But this post is about HFT trading! Remember those days with Live Periscope translations were we traded News Like FOMC minutes, NFP, Yellen speeches etc, overall all high impact news. And I don't remember a single failure we would have.
At some point, I stopped trading HFT and I explained why.
But HFT was something never slept on, and the day when old HFT was gone, new HFT was on the programming desk!
Last Friday NFP was a key day for me because I was waiting for news from my programmer's coz we are about to release 10x more advanced news trading robot.
There is a lot of improvements.
I separated 100 - 50 -0 Fib Frequencies and made instructions for the robot to divide them into Smaller FRQ types.
Why I did that is because if you remember we did not know will it be a spike and turnaround or straight move!
I researched this a lot and found that with Fibonacci phase separation and adding FRQ to each phase can modulate a way better signal so now I have 90% chance to know what type of a move News will cause.
I added Polynomial Signal filters that can filter ALA breakout signal weakness based on FRQ so now I have a chance to see better will the impact will be high on the market or not!
If you remember our live news trading before sometimes I told you that based on what I see looks like impact will be weak and it indeed was in such cases, so it was not even worth to be traded.
I added BANDS. What BANDS do is they filter Tick signals for upward ticks and downward ticks. If 1 minute before news release there are more than 16/5 ticks upside or 16/5 ticks downside every 6-10 seconds I can then almost 100% tell the target, since each BAND corresponds to these ticks.
Downticks for Lower band.
Upticks for Higher band.
I constructed Signal Operators ( Mostly Polynomial ) Now each signal operator can handle one phase at a time. In the Old version I had just two operators and sometimes they started a conflict because of instructions they were given. Now each operator is independent and any conflict is solved by general System monitor window. This is way better as this Artificial Intelligence can tell me if I have any mistakes in instructions I have given to each signal operator. It is capable to fix the problem on its own in most cases and will leave a review for the user ( me ) in the log book.
Having more signal operators is better for performance.
And a lot more small nuances and filters to get a pure signal.
Here is how the machine looks like: prnt.sc
I have to add ALA filters and test some more news trades, but I can tell you for sure that HFT trading is back, and closer to the end of this year we will start trading NFP and other news again.
Now it is 10x more advanced. HFT trading was one hell of a journey with you guys and I am happy to know it is knocking on the doors again.
GOLD / 0-5-9 ( part 2 )Hello.
By 0-5-9 rules, if invalidation level was broken, the price has to travel at least 20$ more down.
But there is one But. After invalidation level is broken in order to travel down, the price cannot touch/test-back invalidation level. Gold touched 1277.
Such test-back brings more options, such as a possible test of 0-5-9 pattern sum ( 1290 ). Test back changes the displacement of 2 upper pivots as well, leading to more space upside, and thigh space downside.
A Risky trader can open buy with SL below 1270.
Or wait when invalidation level has been crossed back up.
I will write a full review of 0-5-9 pattern later with all rules that I had not stated before.
You have to be friends with mathematics to understand it though.
I have a buy executed already ( not on 2-100k account )
P.S Thanks for sending in many bug reports over at 2-100k challenge desk! They are being fixed.
GOLD / 0-5-9 pattern for a reversal.One of Those days where there could be a bull, but for that:
Tag 1280.xx
Have a volatile break of 3 pivots upwards calculated from the 0-5-9 pattern.
In quant mathematics 0-5-9 is used in most frequency Trading robots used to identify reversals.
In most cases, such pattern needs a fundamental catalyst.
Failure to break 3 pivots or break of the 0-5-9 base level 1280.xx invalidates it.
Trading setup and orders can be seen in 2-100k challenge account, so I don't need to update a lot.
Login details have been provided in previous posts.
GOLD / Sell SetupGold is back yet again under 1298.
Like mentioned in the previous Idea I didn't like the 92 nonlogical break that should tag 86 as a target.
Furthermore, I mentioned how EUR USD can be used with Gold as they both are twins. Experience shows that EU always hit the targets way faster than Gold does.
So it can be used as an indicator as well.
When I wanted Gold to erase FOMC shakeout EU did it almost the next day, Gold did it later on, and now followed up EU once it calmed down.
IF EU starts to go back up, that means Gold will follow sometime later!
I have never disclosed this information, so take it for what it's worth.
It would be good to tag 1298 before any downward movement.
The targets could be 92 - 86!
At 86 I would take profit, but there is a possibility for that 1271 ( signaled by the first break of 1304-1298 )
I don't know how long this will fall, but I will wait for NK to shoot down some USA jet so I can maybe catch the ride up to 1348 following intraday.
So far anywhere below 98, it is a sell unless proven otherwise.
So this is the trade I will be looking to execute over at 2-100k challenge desk.
I have updated my status page about it.
The Good thing is that now I have a " bumper " first trades are always important to gain some profit.
As I have made almost 50% on 2 - 100k account, I can afford to have a losing one!
In this challenge, I am not afraid to lose a portion of profit or profit in general! The most important thing is to protect the initial deposit because as long as it is there, the challenge remains intact. That being said If I sell today at 98 and have a 300$ loss if it breaks it and goes up, that will be still okay as I have gained a space for more riskier maneuvers!
GOLD / Sell Setup Close on Friday was Below 1298
Not only psychological 1300 level itself but 1298 - 1299 area is pointed out as a strong sell level!
I will definitely sell.
If Gold breaks out upside I will close the sell after the pullback at BE and Go Long.
1299 is a transition type level so going short is not that risky since if broken upside will do a pullback.
In General break of 1304, Wednesday gave a target 1271, so there is a big chance it will be reached!
I still have no idea what is going on with 1270 but it seems can be reached.
1348 was generated on September 11 so time-wise until October 11 it will be reached!
I will catch a first buy setup and Go long for it as soon as I get it.
So far under 1299 Sell.
This trade will be taken live over at 2-100k trading desk.
Good Luck.
GOLD / Erasing the Shakeout / IntradayThis close was important on the Intraday basis.
If we can Get over 1302 - 1304 area we can test 1310.6 pivot.
And if so there will be a chance to test 1318 as well.
One can buy with SL below 97.
Personally, I will consider a long entry at opening based on the first move behavior.
GOLD / Comprehensive Intraday Analysis / FOMC EditionHello, guys! This one will be very Comprehensive because I will not be able to be in front of chart tomorrow especially during the FOMC.
First, 1270 mentioned before! I now say based on my analysis that 1270 is trashed from my view!
Or should I make a louder statement? Okay - The Death of 1270! Does it sound better? lol
When it comes to my trading, it is very dangerous because I need super right price feed data!
For example, I don't know what source Tradingview charts use for Price feed, but this price ( High, Low, Close, Versatile Pivot Lows, and Highs and other prices I need ) is the worse I have ever seen in my life when it comes to trading. If I would use Tradingview price feed for my calculations I would blow my account in no time just because Artificial intelligence would display me absolutely different levels. If High of the previous day is 1310.18, the low of the previous day is 1303.67 and close is 1305.70 I get one picture for the next day, but if High is for example 1310.20 ( 2 cents higher ), Low is for example 1303.66 ( just 1 cent higher ) and close is for example 1305.64 ( 6 cents lower ) I get absolutely different levels and projections for the next day!
I did a lot of analyses about 1276.6 and was it really broken that day ( Friday ) and I came to the conclusion that it was not! I trust my Price feed provider more than anything else because while programming all my trading calculators and finding dynamic pivots in the market I used only their price feed ( won't name the company ).
They display the L that day was 1276.38 and that means there was no break of 1276.6 by 1$
So I am scraping out 1270 from my trading book!
Now about the current view!
I have gone through all levels since 1357 on intraday basis ( yes I have a time machine :D )
Let's start by the highest level!
Monthly key level 1354 was broken and Versatile Pivot tag targets were given - 1359 / 1364 / 1369 and 1374
Some days before there was a series of Versatile Intraday Pivot Tags and it creates series of next Versatile Pivot tags, which did not arrive, but should.
But there was no continuation!
Versatile Pivot Tags - Break of Dynamics - Versatile Pivot Tags, to complete the inversed intraday L P C math pattern.
Next, 1348 Tendency Pivot ( 1348 D3 with Sub pivot on Top ) not reached! And accumulation calculations show a bullish tendency.
Next, Do you remember the day we sold 1334? By Sub Pivot analysis there was 1332.01 sub pivot that corresponded to 1339 ( 2 weeks mathematical cycle pattern )
So after break in 2 weeks should tag the H sub pivot ( which is 1339 in this case )
Next, 1322 the unreached Tendency Pivot on Monday. do you really think Gold can afford to not reach it? I don't think so!
Next, We all know this week is important, as well does the market itself. So the first move down in this week, especially on the key level of the month is healthy for Bulls.
This part is done ( I will not count everything, there are other small things like sentiment pivot breaks up n down that creates sequence ) but everything stated above is called - Sentiment. It is great to stick the puzzle together to know a general sentiment.
I am not falling in love with something, I am just making an educated decision here.
Current day - Today the tendency pivot and sub was 1309.2 and 1309.5 after recalculation next sub was 1310.1
Didn't break them and went down, with massive exhaustion signs. Was not even able to tag 1304.
I will make intraday post after the close because I need more time to calculate it all and provide you with all pivots and levels to watch out, as well I will explain why I have SL moved to 1298 and what are the reasons for it.
One of the reasons for it is the fact that I will not be able to even look at the chart the whole day, I will have the first look in it only like 1 hour after the FOMC. So there is no way I can intraday trade it.
About other reasons - after the close today!
XAU/USD breaks long-term channel upMorning outlook - XAU/USD breaks long-term channel up
Even though information released about the US Core Retail Sales appeared to be worse than analysts expected, the pair did not manage to stay in a long term-ascending channel. It seems that the breakout was triggered by a combined pressure from the 55- and 100-hour SMAs.
It should be noted that such outcome was in line with a daily chart, which suggested that the rate was going to continue to plunge at least until the 61.8% Fibonacci retracement level at 1,278.96.
Accordingly, today the pair is likely to continue to move to the bottom, trying to reach the updated weekly S1 at 1,310.77. A recovery of the yellow metal is not expected to follow, as the northern side is reliably secured not only by the above 55- and 100-hour SMAs, but also by the updated weekly PP at 1,325.63 as well as the upper boundary of a new junior channel down.
GOLD / The Trump Drop V2 , We Found it.?I think we found it!
This could turn out to be a fake break above 1338 monthly key level shown in some ideas before.
Today we broke it back down signaling 1331 - 1328 as a possible target.
Let's not forget we have 1294 - and 1270 on the cards!
The day before we broke up 1311 and then back down 1309 giving a target 1302.
The only problem here is that I was too early again - as always!
If the technical targets given are true that means fundamental aspect should fulfill them!
The Only thing that is Holding gold up now is a mess in NK.
In other words, let's make peace and let's not shoot rockets over Japan again, and the money can flow away from safe heaven for now.
Because in this case, it is how fundamental would fulfill technical direction.
I think it is time to turn around!
Current Sell positions
@ 1311 @1317 @1341.8 @1338,6
SL for 1341.8 and 1338.6 @ 1345.5
Hedge order @1334 which will be closed if we turn around.
It is time! So I may risk and call that we have the right Top IN.
Aim Back 1300 and most probably a break back under it!
We may have The Trump Drop V2.
P.S We have some great Chartists here having a nice Bearish pattern setup on Weekly!
Definitely, check it out!
GOLD / Early on the ShipHave to Admit that I am early on this Ship.
My lowest Buy is 1311 so the absolute DD is/was 33$ with the given H 1344.
Today when Gold came back up after filling the gap, I was monitoring 1333 and praying it is not broken back upwards but did not happen.
At 1334 I had to hedge so I can survive this.
At the moment I will go aside a little bit, and wait for a confirmation.
1346 is a new bullish phase entry.
I have set a BE on my 1334 Buy so that if the reversal Comes I get the buy closed and I can slowly get back to the surface.
So at the moment being hedged, I won't do a lot, but if there will be some breakout type signs I will again take action.
I guess sometimes you just have to be wrong, otherwise, you would own it.
I will update if I get something.
XAU/USD Long Opportunity - 200 Pips + Gold LongXAU/USD is currently strong and could possibly go back up 200 pips+.
This is a long term opportunity, I would say 1 week or more for it to reach TP.
Always make your own analysis before investing and money manage properly.
This is only an idea.
Happy Trading!
Gold (XAU/USD) Next Target $1200 per ozHere I have found an opportunity on XAU/USD with two possible scenarios.
Dependent on todays (05/07/2017) Daily candle close on Gold (XAU/USD); I have found two seperate possibilities - either option still gives me the same bias on Gold, which is a short to $1200 per Oz.
If we get a Daily candle close as a shooting star, I will automatically enter a Gold short, with stops above 20-30pips above the high of the shooting star. Targets would be just above $1200 (maybe $1201.00). The reasoning behind this is that I think we have a lot of bearish momentum with Gold at the moment, a weak daily close could be enough to push gold lower without a pullback.
However if we see a green bodied close on the daily candle, I still believe we are in consolidation and a pullback (up to retest the trendline we recently broke, which matches with the 61.8% Fibonacci area) could well be on the cards. So if we do see a strong daily close, I will await a pullback to these levels before looking for short opportunities.
I have clearly marked both possibilities on the chart (see the arrows).
I shall update later today, let's see how this plays out.
Gold/USD WKNEoWave analysis on XAUUSD by Enayat Ashkian
Overal Pattern Type:
Correction
Wave ((A)) :
It is started after the triangle and formed a normal Zigzag pattern and completed after a triangle.
Wave (A) in ((A)) Pattern : Impulse trending
Wave (B) in ((A)) Pattern : Irregular Flat
Wave (C) in ((A)) Pattern : Impulse trending
Wave (B) / Wave (A) : About 35%
Wave (C) / Wave (A) : About 74%
(A)-(B)-(C) Construction : 5-3-5
(A)-(B)-(C) Pattern : normal Zigzag
Please discuss about this analysis, it's counting labels, targets, T/P, S/L and future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian
contact link: telegram.me