Another reason I trade larger time frames is that I can zoom out and very clearly see what is happening here; it also gives me very clear and defined stops. In this case, the price can retrace all the way down to around 2300 and stay with the ...

Techknow Trading

Pretty clear weekly candle here. Price often retreats to around 3/4ths of the wick before any support is found. I will target 17400 and try to catch a runner to 17000 after that. As long as we are under the weekly high Im bearish as can be on this. ...

Techknow Trading

Lets talk about timeframes. I say this in my first post but for those that didn't read it. I want to explore it more. I trade on higher time frames. You will never catch me dead trading a 5 minute gold chart. I might look at it, but I am never gonna ...

Techknow Trading

Zzzzzz

Techknow Trading

Nas is around 18034, im shorting it. Be back around later.

Techknow Trading

To play it safe you can put a pending under this action right here. My positions are already safe but this is another option.

Techknow Trading

I know everyone in the world longed this weekly candle, but you'll have to trust me. I haven't led you astray yet. If you got short up where I said, you should have some nice, safe, risk-free sells already. I hope thats the case. I'm not even sure ...

Techknow Trading

I imagine we will see gold make some moves during this process

Techknow Trading

Okay, so I'm gonna scale in USDX longs here. Im talking about the smallest damn position you can possibly lay because I plan on it filing that rectangle I have down there before moving up; I just want to get one in and maybe catch a couple of scalps ...

Techknow Trading

I put a new poll up at the request of a couple of people. Ill take it serious if it gets like...50 ish votes

Techknow Trading

BTC filled so should have some type of bounce, not sure how far, but its currently doing the bounce thing already. Not trading it, just pointing it out

Techknow Trading

Gold will find lots of resistance in this area but should find its way up

Techknow Trading

Nope im still bearish for now

Techknow Trading

Expect lots of resistance and wiggles for gold around here

Techknow Trading

Step 1

Techknow Trading

Think ill put a pending long over 2324 ish on gold

Techknow Trading

2280 was hit since then.

Gold

Buy low, sell high is always an easy thing to hear. If we knew what was low and what was high, we could all be rich in three days. The reality is the market can go anywhere, so there is no such thing as low or high. They say, "don't catch a falling ...

Techknow Trading

He's right; statistically, over time, this is a losing formula RR-wise. It won't matter how good you are. Eventually, just normal market behavior will turn good trades into losses unless you adjust your RR. Cheers

Gold

Usdx to 108 at some point. Sometimes they follow, sometimes they opposite. This is due to risk on or off scenarios. For the most part they will always end up correcting back to original divergence. I would expect, in large-scale moves, that they ...

Techknow Trading