It's only a little dip on the Daily - I much prefer the 61.8, but the 50 sits on an old high too (24th July) - either option works fine and "looks" more pleasing if its to go through the TT I have to admire all you who are in the market most of the ...

Gold

This is what is above us in terms geometrical ratios of the price swings of the past One of these "blocks" is likely to stop price - which one who knows and to what degree we do not know - to be honest, its very congested, which is pretty useless in ...

Gold

Totally agree - What price is doing and we can't really project this, is moving along a multi-dimensional corridor that is affected by both time and price but we are forced to view that action on a 2 dimensional chart/screen - which distorts price ...

Gold

Be Interesting to see if this level does anything should price get there 52.6 and 61.8 are both Fib ratios Its an old TOP and support image 52.6 is the INVERSE of 190.2, 190.2 is the DIAGONAL of a GOLDEN RECTANGLE - this ratio has been see on the ...

Gold

eyes peeled on price action

Gold

If the Triple Top is going to be breached, price should come down a bit more and then resume its attack As Gann used to say "4th Attempt and it usually goes through"

Gold

Assumption on trend dead wrong, but still made money Think about trading multiple positions - 2/3 units etc, offload units to cash in profit, move stop to break even It does dilute profits when the trend is your friend!, but as you can see when the ...

Gold

I'm long - 15min chart fired off a trend trade Already sold 50%

Gold

These assumptions have been mentioned for years - I just watch and monitor for the time being - not to say "games" aren't being played behind the scenes Focus on 3 month bond rates for a guide on Int rates - the FED nearly always follow it in the ...

Gold

Ok - So just revisiting CYCLES - because when you find a stock, commodity or forex market that shows the following - you can BUILD a CYCLE from it and once you have done that it will provide you with the ability to PREDICT next turns etc Now this ...

Finding the trend

I'll be away on holiday, but watch to see if the market does anything on 26th August It has to be the EXACT day, not either side and it HAS to go UP, creating swing low that lasts - just testing something out, that has worked pretty well up until now

S&P500 trading

This has to be one of the easiest money making methods out there - it sets itself up, if it ain't clear DON'T attempt to take a trade One of my friends traded this - I shut up shop after 4.30 pm UK time Ross Hook - Trailing stop 20 SMA - 15 min ...

Finding the trend

Totally agree - There are gazillions of different ways to trade the markets - not all will suit your personality and what not - or work, its a case of learning as much as you want to and testing methods to see if they suit you, which obviously ...

Finding the trend

Yep it's all out there

Finding the trend

Always aim for 0 and see if it gets there LOL - being sarcastic!

S&P500 trading

Here's a quick tutorial on Ross Hooks and 123's - SUPER SUPER easy Chart marked below - IGNORE the Indicators, they have NOT been used - PURE PRICE ACTION Go through the chart - some 123's and RH's are better than others, try to figure out why - ...

Finding the trend

Here's a live short - this one is a PICTURE PERFECT - ROSS HOOK - No cycles involved just price action If you are not familiar with, worth reading up on - Ross Hooks only show up in a TREND - I call them Gann pullbacks, because Gann wrote about them ...

Finding the trend

Ahh hate it when this happens Had to cut this one short as I have to leave the house for a few hours and the trade triggered! Taken 2.5R which is fine another successful Indicator TREND trade - you could have got in on the prior swing low a couple ...

Finding the trend

Talking of BARCHART - Forgot to add this to the COTTON comment The COMMERCIALS [RED LINE] are NET LONG Cotton - this is not their normal position (they are normally short as they hedge prices) and it is often a very big pre-cursor to price rises in ...

Finding the trend

Yeah its good - Its built more for the fuzzymentalist than the charting trader but I keep asking them to develop it - I'm a lone voice so they will not rush to do unless its easy I keep looking at Trading view but there's limitations there too as to ...

Finding the trend