For more details you can see my post here. image

AUD/CHF

All AUD pairs seem weakening going into next week (Nov.4th - 9th). AUDCHF seems easiest to forecast and I will be focusing my attention to it next week for my trading. Except for Monday (Nov. 4th) when it could be still hesitating (so, flat to ...

StoGAPtic strategy

I do hope I am wrong, then. I have no positions in gold currently, so I don't really care where the price goes from here. I hope you make a profit. Now relax, it is the weekend :-)

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I would advise against going short in gold. I cannot see even one signal for a down move. I see that you have drawn a very nice down-sloping trendline, however, it won't stop gold from moving higher. Monday could be the day when your trendline might ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Wow, just noticed while screening various charts.... these are like twins... different pairs, very different timeframes and yet action is almost the same... Look at the stochs.... so similar, same patterns, same entry points... Just a conformation ...

StoGAPtic strategy

Before going off on a relaxed weekend, let me just share how I do a fast screening for good entries in the morning. Attached (the zip file) are the scripts I use to change the timeframe on all charts in a given profile. I have a profile “ALL” which ...

StoGAPtic strategy

Target on EURJPY almost reached and I am out. I started seeing weakness in all EUR pairs going into next week and do not want to stay in EURJPY any more. Actually I entered sell on EURUSD. Why? See picture below. There is no way price can go up any ...

StoGAPtic strategy

My last post was very lengthy, so I decided to further simplify. Once it becomes clear, it is easy and fast to spot. image

StoGAPtic strategy

Of course, the big boys are expected to play around with the price in order to collect some money from stops. So, true to their nature, this is what they did for most of the day today … But, as previously said, I do not trust them… I trust the stoch ...

StoGAPtic strategy

You may also want to see my posts in the gold forum.

StoGAPtic strategy

Yes, indeed. Also look at the 5-7 cande cycles. image

StoGAPtic strategy

Why did I buy EURJPY this morning. H4 (red box): Very large Stoch.5 and Stoch.25 gap confirming TL1 is strong. I expect now price to move UP to at least TL2 (my target price for this morning) but could easily be attracted by and reach TL3 by the end ...

StoGAPtic strategy

Finally bought EURJPY with a TP = 121.00. I saw strength in EURCHF, so decided EURJPY would be a better buy. Let's see where that brings me today :-)..

StoGAPtic strategy

I am seeing this as one of the best buys for this morning. Actually, all pairs versus JPY are going UP today. CHFJPY is even better to buy. image

StoGAPtic strategy

Some more theory, trying to explain more of how this works. Below is the current NZD.USD D1 chart. You may want to study it in conjunction with W1 and H4 charts. For example, take the best entry points 2, 6 & 7 and go to H4 to see what happened ...

StoGAPtic strategy

I am finding it hard to see a down move at this point. I am seeing more of a continuation of the up move to reach 1600 by March 2020. image EDIT: an additional note. As noted in another post, in order to see a reversal I want to see a sloping ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Updating from my previous post on AUDJPY, I was too early with my prediction for a down move which started only today. I stated in my previous post "Because of the large StoGAP between the salmon and green lines on H4, it is not excluded price to go ...

StoGAPtic strategy

Updating from my previous post, EURCAD did an explosive move UP... much more than my expectation. image

StoGAPtic strategy

As stated in the initial post of this thread, the stochastic GAP strategy works very well with continuation patterns but not so much with reversals. So, I kept exploring other patterns and came to the rules from previous post. They probably need a ...

StoGAPtic strategy

What a relief….!! I just finished throwing 95% of all the rubbish trading books I have collected over the years… I feel cleansed… Really… All these useless books presenting the same complicated harmonics, spirals, astro-cycles, pitchforks, Fibonacci ...

StoGAPtic strategy