It is not indicator, just similar to tipical ATR but more consistent. Are based in price patterns of Gold. For instance if my 3616 breakeven hit, i already know where to enter and when to breakeven and partials, and again if happens a breakout now ...

Gold

3620/3624 if we break above 3616 for a new pullback. In that case my mean strategy runner will be not 3597 but 3.604. And obvious i will enter again... Because if this happens my breakeven of first try was boosted.

Gold

Just to clarify, 3616 is a 1.5 Deviation of hidden Ny IDR that most likely will be tested, is a predefined range of gold movement for a day, here it is always subjective wich algo is running in, there are two, so it is the reason i applie mean ...

Gold

Is not guessing this fluctuation is why mean reversion applied, already give me half of my Asia loss back and still in the trade breakeven that only will close at 3597. If this breakeven is hit at 3620 i will do it again, this is a predefined range ...

Gold

3616 already average, im now selling breakeven in 1 position and the first one closed.

Gold

For me it all depends how this 1h ends, at 3620 we will have resistance, that should average my entrie at 3612.965. I am very confortable with my mean strategy, is obvious risky sell, but a mean strategy have always his drawdowns.

Gold

Not my day, OMG! I am selling damm. I only had one fk ema against me and IDR NY Friday. Its the problem how brokers print candles, was reading one that print a gap and never saw the real open. However ATR for the day is at his pick or near, 1 ...

Gold

Back on Sell lol Last week level broken, 50% IDR broken, a quick scalp for 10k points... Plus 1 pattern mine playing out 1RR or 2RR tipical. Atr of the day still with room, mitigation of last week failed so need to do it, and Daily demand to seek... ...

Gold

I managed get out breakeven on the OB... Untill don't hit 3604 i don't trade anymore. Last week was not complete for me... If playout the plan on sell, is life... I am not enjoying this price action. 3585.178 is a last week level that was rejected ...

Gold

That was my expectation, is ranging because Ny IDR, it play 3 patterns at once and still don't want sink. It is not good idea go against NY IDR particulary previous day close above it. In this cases inside the probabilities of go deeper down is more ...

Gold

Well now in a limit sell activated, hope 3585.178 don't hold the pattern, now following the inicial plan...

Gold

Bah, stick to the plan lol Just waiting for initial plan playout and get it back... It will be sell after all. But lets see the close. EDIT: I mention closing day inside Ny IDR is a sweep day, 3 already, let's see if this one realy break. Now ...

Gold

New sweep upside, i am in buy to 3601 EDIT: 2 positions and 1 breakeven at 3601 if play out. Stop 3587

Gold

Despite 3603/604 are targets, if a 30m close below 3586.190 i will make a trade with stop at the high of the day RR 1 , will allign with Ny IDR low that is my limit to start shifting. Remember is counter trend, low probability, i am antecipating ...

Gold

Untill i don't see a candle closing below in 1H or 30M at 3573.240, impossible will be bearish today and still expecting 2603/604 beeing hit first also then i believe we can retrace.

Gold

Don't believe a massive jump down without hit 3603/604 first, it can happen monthly don't get his target sometimes, but rarely beeing so close. Weekend is time to rest...

Gold

I saw. Seeking 3585.178 that should't be touched again. Friday is the risk, however 3604 is still a target for me. Even if it's not because the monthly price is at 3603. There could be a pullback to 3585 at the weekly open, or a gap up toward 3604 ...

Gold

Yap, that zone is a seller zone despite we are been driven by bulls. But not enter blinded lol But just an opinion. Long term other story...

Gold

Gold is touching 3604 area on weekly align with 3603/606 of monthly, we can expect some retracement next week keeping in mind monthly can achieve 3758 zone. If daily start not respecting 3604 zone better be caution because strength driving the ...

Gold

In my opinion this 1H was a classical test of the level and the candle that break it... Still room to go up, problem here is friday and profit takens, because by their intentions the best price for big boys is a little more up. And now that close ...

Gold