Nice shorts. Closed half of them and letting the rest run. Price moved up due to news but moved back in the direction of value which is down. It may auction lower still. Monthly S1 is holding though. Lets see if we a break below in US session. ...

Gold

Im running shorts with low risk amount since we already hit monthly S1. I do anticipate a move lower though

Gold

Value is the price at which buyers and sellers agree and the market is constantly seeking value. On a chart, value is found in consolidations or ranges. Value is what causes the range consolidations. The market forms a range around a level because ...

Gold

image So overall I anticipate further decline but the monthly S1 could change the markets direction to the upside and we will know that when we see where value ends up at the end of todays US session.

Gold

Price dropped to the monthly S1 pivot at 1915.77 as predicted. Why? Value indicated this direction based off the break below monthly and weekly pivots. I trade this set up alone and this set up only. Price coming down from monthly middle pivot shows ...

Gold

Range is beautiful. It shows fair value where buyers and sellers agree and the level the market seeks. It is the most important level to the market and the perception of that value is what causes trends. Value(range) along with trends indicates ...

Cable Update (GBPUSD)

Value direction indicating a drop to monthly S1 pivot(1915.77)

Gold

I wouldnt buy. If you do make it small risk. Price seems to want to move to monthly S2(1.06582)

EURUSD only

USD powered up. UJ hitting monthly R1. Should reverse from here unless perception of value is still higher prices. EU probably to monthly S2 image image

Cable Update (GBPUSD)

Nice gap down on AUD news release. Was short on AUD on AUDCAD since yesterday.

Cable Update (GBPUSD)

Just out of curiosity, does anyone know what happened to Quicksilver, the OP of this thread?

Cable Update (GBPUSD)

GU longs closed in profit. Still waiting on proper signal for short on GU but its not there yet. USD gaining more power . Ive been short on EU since last week and it seems like it will go further south. Longed UJ last night and up she goes most ...

Cable Update (GBPUSD)

Long on Facebook. You ever trade that? lol

Cable Update (GBPUSD)

Monthly S1 reached and broken. We could go to monthly S2 should value remain at lower prices. image

EURUSD only

Only reason im holding longs is monthly pivot holding price above pivot and value is found above weekly pivot. However market is still perceiving value as lower as well with the drop from monthly R1 last week. So market is conflicted. I am simply ...

Cable Update (GBPUSD)

True. Market seems conflicted. Longs protected. We will see what happens.

Cable Update (GBPUSD)

Come on buddy. Lets keep this thread clean. We can have heated debates about the markets and theory etc but lets leave the name calling ad hominem out of it.

Cable Update (GBPUSD)

Possible long opportunity on GU

Cable Update (GBPUSD)

Weekly S2 at 0866 reached. It may go to monthly S1. Drag stops accordingly. At that point you can consider buys based on value indicating an upward move however I wouldnt buy confidently until back above 0964. image

EURUSD only

The market is now searching for a fair price(value) based on the perception of value of the market. Who's perception though? What is the market? Timeframes and moving averages? No. The market is the whole. The marketplaces(sessions) are the parts ...

EURUSD only