sorry to crash the chat guys The Ross Hook system/method is brilliant for pullbacks, as they only show up in a trending environment (these are basically Gann pull backs too) you can trade it how you like but I personally for years only take set ups ...

Cable Update (GBPUSD)

Absolutely 100% agree I don't trade with targets in mind, I just buy the pullback in a trend and let the market take me out with a trailing stop - not very sophisticated, but I win and as I am essentially a very lazy trader, I don't need to ...

Gold

Yeah you can often connect swing points and get a nice hit or call I've made some great calls using Gann angles EVERYTHING is linked - geopolitics, market movements - one has to happen, to cause the effects - at precise key points in both time and ...

Gold

PINK angle value at end this week is 5660 ish and YELLOW is 5700 ish Cycle composite Index topped out - price action is getting jittery as it should Just need to see if we have a sideways yo-yoing of price swings or a decline - I like the DT theory ...

Analysis and Trading based on Envelopes, Waves, Cycles

Can you momentum indicator say we are in an uptrend? YEP................................. The 14RSI will find support and be ABOVE the 40%* level in UPTRENDS - when it DIVERGES its is often the top AND in a DOWNTREND it will find resistance at the ...

Gold

Regardless of what all the trading posts and books say, the big speculators aren't bothered about the retail trader, we are simply too small fry for them to be bothered about, the proper big players trade in hundreds/thousands of lots not a handful ...

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I'm out - was trailing a 1bar low on the 15 min after the last swing high assault - end of the trading day and week for me

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OK thanks - I never normally look

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Pedro - What's at 2508? Harmonic extensions?

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Those trailing units need to be trailed close to the market now - LET THE MARKET take you out - don't just sell because its gone too high, there's no such term as too high - LET THE MARKET stop you out

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Straight through

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Doesn't always work though - I used to enter them religiously and then I got taught a lesson by Mr Market- but mostly they do I just wait for the break through and see if there's a retest, if a retest, its going higher I've seen 5 attempts too!

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Gann said back in the 1930's "4th time at the same level and it usually goes through" Time will tell

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When markets move up at this ANGLE of steepness You can just buy the swing high pivot breakouts and retraces back to prev swing high Ultra simple image Break of the 10SMA = something larger is happening - might be a reversal, might be a sideways ...

Gold

GOLD WEEKLY We can use the Indicator to warn us of potential cycle LOWS, then we can formulate some sort of plan to trade long - Note that in certain market conditions the Indicator FAILS to reach the oversold line and in other market conditions the ...

Gold

The CONTEXT of this trade was that the trend was BULLISH, trending UP - You can confirm that by price action, higher highs, higher lows and a timid correction/breather - "IF" the trend was to continue, then price would go higher You can either buy ...

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Yeah - if you blindly trade it, it might be iffy, but if you structure it with other reversal signals you can get it to work a treat

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You can structure ANY Indicator to be a leading Indicator 99.9% of traders misuse Indicators, but if you use them in the right circumstances they can lead price action and give you an edge Divergence is one aspect, timing cycle turns is another They ...

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Absolutely - I am mostly out of the market, I only take trades when I get a picture perfect set-up - If I don't get a picture perfect set-up, I don't trade Also if you trade in multiple units - you can still make money even when completely wrong

New Cable Thread & Other Pairs

I'll only participate if my set-ups show up - There's some nice technical levels below, it'll show its hand soon enough I knew there was a reason I prefer trading stocks

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