Area around 2350 aligns with .382 fib drawn from 2450 down to 2290 (see second image) look at those perfect touches..

Gold

On LTF Gold respects monthly open (for now) - not in a trade atm.

Gold

Might be retesting diagonal trendline before going up. 1H and M15 attached.

Gold

2311.79 is my entry, stops about the same. Let's flip 2313 into support and go.

Gold

Also shorted (2320.47 is my entry) update: stopped out at +407$ (demo account)

Gold

Done, could have closed in bigger profits but was afk

Gold

Another tip i can give new guys in here, layered sells. However, i made a slight mistake. I bought 2, then 2 and then 1 at the top. I should have bought 1, then 1.5 and then 2.5 for example so the reversal candle would move my trade to BE faster. ...

Gold

also shorted, stops at 2338

Gold

Best advice ever. I also apply the same principle. If i have a 10k account and i am at 9100$ left, i would never 'risk' 1% of 10k, but rather 10% of that 100$ for example. This way i could at least do 10 more trades. Currently i have a 200k prop ...

Gold

Since you are shorting breadcrumbs, i assume it is down to 2277 at least...

Gold

It was this (image) post: url And later he said: url

Gold

Thank you for your time to comment Given you remark about EW, would you recommend to combine this book with EW theory? If so that could be my next read.

Gold

Which one would you recommend (in order of latest release op top)? The Candlestick Course Japanese Candlestick Charting Techniques, Second Edition Beyond Candlesticks: New Japanese Charting Techniques Revealed

Gold

He even might, and then claim it was the west - but let's stick to gold here

Gold

I don't understand your SL placement, is it purely based on 'cash' you are willing to loose? Because i would have placed it at 2319 for this trade. Just curious..

Gold

Glad to see you back

Gold

I agree with your first part, but when you say (worst case) waiting for 2330 to buy with target of 2350 then that is 0.5R right? (40 loss vs 20 profit) Best case, buying at 2320 and aiming for 2360 is still low R trade if you ask me; but i do agree ...

Gold

This is 100% the indicator doing it, but i see this indicator as a useful TOOL, as in; it is still an INDICATOR and I use it in combination with other sources. For example, I 'knew' the range was 2358 to 2390 yesterday. I bought yesterday on the ...

Gold

yeah the indicator showed this on M1, but that is to LTF for me.

Gold

Backtesting a new indicator, so far it seems spot on for scalping on M5. Name of the indicator "Multicator table" on TV with about 5000 users.

Gold