Xauusdwave
XAUUSD short term tradeI would like to see price come down to the intersecting area of 1209-1210 but also hold above the trend line that starts back on the 11th of the month. Momentum would need to cross above the 2.8940 resistance line also which would open up a long position opportunity targeting the 1230-1235 area. The market must hold above the trend line and momentum must cross above the resistance for this trade to be available and stay valid.
GOLDGold come to 1223-1235 area.
These two levels represent the end of alteration levels.
Gold need to overcome it to see PV target 1430.
If it doesn't look to sell on smaller timeframes.
Gold need to reach 122x.xx
Buy Gold Monday right on opening and use these two alteration levels 1223-1235 as TP's
GOLD / VersusGold leave many unseen target on this way up.
Read it as a sign that bull is not healthy.
PV target is 1430 but I think Gold not ready to see it yet.
This month most serious keylevel zone is 1196 - 1205.
I want short gold for 3 unseen targets on chart.
Taking it as one more leg down, and then loading for PV target.
For now waiting to get in this zone!
Make America great again.
GOLD / Maybe now.Took time but first time in 2 months close above all pivots. That could confirm the bottom on my table.
I had bad days with previous set and forget trades.
So giving a 2nd chance now.
1430 PV 1180 PV target.
1180 was met first.
1430 never seen yet.
Longed on opening
Longing at 76
Longing at 69
If price offer the chance.
Good Luck.
GOLD / Back to Intraday.Over past few weeks some followers that follow me since I am on TV write me that I should get back on intraday trading.
When we traded intraday with frequent updates we got some great results, and I can agree with that.
" Get back old TPP that we knew before "
This is harder for me since it requires chart baby siting, but okay, let's get back to intraday interactive trading. But overall I was intraday trader, not long term trader.
I will open dedicated trading account for that and intraday it.
Cheers.
TPP
Gold / Sub Gate.Analysis turned out to be completelly wrong and previous entries where to early to come in.
Broker Stoped me out as I approached 30% mark with overall loss 219k eur.
I managed to close UJ trade with zero loss just before FOMC since HFT generated overall Short signal meaning xxx/usd down and usd/xxx up, and since it was close to my entry I decided to close the trade.
I am transfering second account funds to gold account as well adding back more so I have full 600k for trading back in place.
I will watch the close price and let the dust settle down, and most probably go in one more time with stops below 76.4 ( on chart ) for the same targets 1383-1430.
100 provide strong support as it has to be broken by 10$.
Will wait for close price.
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GOLD / New Trading Strategy 2017I am almost complete with my 2 years research on new dynamic trading , so in simple words I want to get you familiar with it, since this is how setup will look like in my ideas next year.
Example:
By calculations system is suggesting Sell at 1158.00 with SL 1160.00 and target 1149.00 .
In this case SL is placed at a level where trend ( daily ) is changing, and if market hit SL then it should trigger Pending Buy order at the same place 1160.00 with target 1170.00.
Only thing is that if market decide to hit the Short trade SL and we enter buy, buy should run without SL because as per dynamic trading rules there cannot be an indecision, if market doesn't want to go one direction, it goes the other.
Dynamic trading backtests show that as well.
The same works Vice Versa.
System is focused on Equity growth so even if you take the first trade and get SL the second trade settles the first one for you.
The new strategy is developed for
Silver
Usd/Jpy
Gold
Dxy
Platinum
Eur/Usd
USOIL
But I will publish once in a while only gold ideas with this setup.
This is an educational post of what to expect, and it will be attached under each idea that will use this trading setup.
GOLD / Frequency Tag / Temporary Failure.Reposting the same layout.
Quote from previous Idea " Most important thing is that gold need to reverse after it tags red box ( 1168 - 1161 ).
Because if gold breaks old frequency pivots, it will invalidate new frequency rollover and lead to possible gold drop to complete the downward phase fully.
What means if gold breaks 1161 it will attack 1156 and smash it leading to 1133 - 1120. "
As per rules it is a failure, because gold needed to smash 1156 and close under it in exact day when it breaks frequency tag area.
Refer to this template as well.
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I studied all my Ideas, and 99.99% of cases if you were to take my trading call, gold has offered you a chance to get out of position at Break Even meaning zero loss . I am not your mommy your daddy or someone that needs to take care of you and manage your trades.
GOLD / Frequency Tag / Complete.Funny enough that I made Idea earlier before, and turns out I published it as a private Idea, so nobody could see it. I found it weird why there is no action going on with that as usual, and started to research and is how I found out that somehow I posted it as a private Idea.
Basically this is what I posted ( by giving a link you can see it )
big LOL.
Anyway, in last idea I said gold should drop to do a frequency tag after it did a rollover.
So the interesting part is ahead.
Please dislike this idea, leave a bad comment and unfollow my account.
Appreciated!
TPP.
GOLD / DXY - Frequency Tag.Hi.
As per JAFR Thursday - Friday is important days when it comes to frequency analysis.
Market moves like waves and each wave has it's own frequency, and wave lenght.
In last Idea update I told you I reckon that today Wednesday we should have bullish frequency rollover, that happen. Not the strongest one but still it occur. It's like snake changing skin ( lol ), the same does market, when intraday levels are getting to tight and nothing changes, explosion follows and path changes. We have huge pivot and level pressure from above, since every intraday level never suggest good enviroment for bulls, in such cases explosion happen upwards, the same vice versa.
Gold did a rollover in new Phase. New phase next H is 1234 ( is where I told you I will add to buys )
Generally gold entered new phase and as always it needs to test back old frequency pivots and transitions.
Funny enough that gold left 1168.6 unseen that should be tagged, but interesting part is that 1168 in general become old frequency pivot as well that gold need to tag now and reverse up.
Most important thing is that gold need to reverse after it tags red box ( 1168 - 1161 ).
Because if gold breaks old frequency pivots, it will invalidate new frequency rollover and lead to possible gold drop to complete the downward phase fully.
What means if gold breaks 1161 it will attack 1156 and smash it leading to 1133 - 1120.
So now gold is in front of decision based on frequency analysis.
Either we test 1168ish area max to 1161 and move up, either we break old frequency tag and drop.
Meanwhile dynamic temporary target 1383 and Permanent Volume target 1430 is on cards suggested by other templates, and I have a full faith gold is to complete it.
When gold was above 12xx I wasn't sure it can drop to my targets 1193-1180, but I was sure even if it drops, will be back up to met atleast 1383-1393.
Let the Gold do the Job.
Meanwhile DXY short trades running as well since the same frequency rules and terms apply to it too, but I won't get in to that
P.S the worst case we can have is move up without seeing 1168.6. It will be the same story that we had with 1265 back in the day. Means gold drop no matter how high it goes.
FOMC / Educational Preperation. XXX / USD # USD / XXXHello guys.
Personally I am excited as we get closer to FOMC, and I will be trading FOMC event.
I will have positions on:
DXY
USD/JPY
GOLD
SILVER
EUR/USD
I will manage to trade this event with High Frequency news trading machine, as HFT is back in da building, and we had a great success trading news with this machine. Last NFP was sweet as well.
Since I have a lot of new followers that have no Idea how HFT works, I will refresh memory for you guys as well write down things for new followers, but always remember News Trading involves high risk.
So basically what we are doing is predicting the first momentum with HFT.
If you remember the last NFP, you saw the momentum spike upwards. Strange even tho we printed good NFP and rate data, still first momentum was up, and HFT nailed it's job.
Persoanlly how I trade news with HFT is I open BIG lot size, and set TP for this trade to lock the profits, if TP not hit I monitor situation manually and if momentum loses STEAM I close the trade.
I am not using SL because in first second or second before the news there are spikes before momentum direction and spike size depends on your broker.
Last NFP for example It was not a killer, because I feel the signal that is being generated and I know whether the event will be meh.. or event will have strong impact.
Last NFP generated weak signal and we got relatively weak NFP impact.
The same goes for FOMC, as I will feel whether the event will be weak, or strong impact based on data that I get.
But I reckon that FOMC will be a TURNAROUND event and not a Dirrect one.
Basically what that means is that HFT will generate for example LONG signal, once FOMC come out the momentum will be LONG ( spike up ) and then the turnaround follows, the same vice versa.
Of course it can be dirrect move and if signal for example is LONG it can start to go long, and go straight up, same vice versa.
Anyway I'll be in the trade, because this FOMC event should be great and should move the market and you can trade any xxx/usd usd/xxx pair if you want since on all of them there will be an impact.
Let me know in comment section below if you have any questions.
TPP
GOLD / TemplateIf you remember the ThanksGiving Idea where I gave out gold phase template ( not available anymore ) we hit 50% on that template in the current phase.
If you remember the rules when break 76.4 target 50, if break 50 target 23.6.
50% is very sensitive here.
If broken, we have 3 possible targets 23.4 > 100 > 76.4 ( on chart )
Today 1185 did the job...
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GOLD / Bullish Mode.Hello.
This will be the same chart layout as posted before:
But I want to explain more about what we have here.
I was waiting for this scenario but it did not happen till gold hit 1160.
Friday close price was 1177.4 and this is what I am looking for!
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What we can see is that all 3 transitions ( marked in yellow ) are below ( lower ) than close price.
It is a good bullish sign that ads up to my dynamic templates.
First time we got this picture was on Thursday last week when finally all 3 transitions align under close price and you saw that even on NFP gold was rejected up from that block.
Friday close price provide the same situation for Monday ( today ).
I added 3 green blocks on chart to visualise that we enter bullish intraday mode, where after every close price transitions align under close price providing good bullish setup.
Interesting that when gold hit 1170 and reverse, after close price transitions were still above, but now suddenly there is something with 1160 and transitions float under close price indicating possible bottom process.
Only thing that ruins the picture little bit is marked in screenshot in Red you can see all these 3 levels align at the same place creating somewhat strong level and even if gold go above it it is still not that good. So on Monday ( today ) we have to be careful with this level, that is ruining the party here.
But as far as we are getting bullish transitions under each close price every day it is good sign.
I am holding tight here.