I closed one short position and other is running at BE by targeting CMA128(orange). I will give all credit to parisboy and robots4me , they taught me about sinewave. There was so much to learn but i was lazy and stick to sinewave only.

Gold

Very well done. Your turning point based on date was spot on. Keep it up. Bearish diversion also supported. I was also confident because my sine wave system was also bearish. My first target hit 1926. Another position is at BE and targeting CMA128.

Planetary Cycles Trading (EUR/USD)

Hit the second target 1926. I love those untested levels.

Gold

I sent you PM

Gold

First target 1933 got hit and let’s see if 1933 support hold the price or go to 1926

Gold

Yours RSI is showing bearish diversion

Planetary Cycles Trading (EUR/USD)

Thanks for your time to answer my question in easy and pleasant visual way. I totally understand your concern about selling at top and buying at low because anytime trend start then i can get into trouble. But on the other side i have one advantage ...

Analysis and Trading based on Envelopes, Waves, Cycles

Beautiful picture of Gold in terms of Wave and Cycles

Planetary Cycles Trading (EUR/USD)

GOLD H4 TIME FRAME

Analysis and Trading based on Envelopes, Waves, Cycles

Yes my system also has target of 1926 and 1902. But at this moment I am only looking for 1933, 1926 then later will target 1902 because it is little far based on ADR.

Planetary Cycles Trading (EUR/USD)

M30 TF , volume is dropping and i am still expecting the target of 1933 and 1926

Gold

Thanks

Analysis and Trading based on Envelopes, Waves, Cycles

Thanks. I have two questions 1. I am drawing the trend line by connecting FP1 and FP2 to identify trend. Am I doing correctly? 2. If trend line (passing through FP1 and FP2) is horizontal then how do I identify the trend ? Thanks

Analysis and Trading based on Envelopes, Waves, Cycles

Same here

Gold

Thanks for reply. I am attaching my strategy of trading by using sinewave. What do you suggest? Should i change this strategy and point "A" must be TP?

Analysis and Trading based on Envelopes, Waves, Cycles

Hi parisboy I am using Sine wave only for trading and i do not trade using sine wave until i have clear picture and opportunity. I am using the cross of CMA 16, 32, 64, 128. I have one question that can i use only 16,32 and 64 for cross ? If yes ...

Analysis and Trading based on Envelopes, Waves, Cycles

H4 bearish candle with long wick is not good sign for bears. Price may push back to 1953 Have a nice weeekend everyone.

Gold

There is no red news on Monday and Tuesday so manipulation of price will happen.

Gold

Yes you may be right because my untested area is 1926 but if price reaches 1926 then price breaches the up trend line. Today when week close, it will be more clear. Bulls can fight back to protect the uptrend.

Gold

Sell 1947 Tp 1938 (Hit TP) Sell 1937 TP 1926 Sell Limit TP 1956 TP 1938 Buy 1943 TP 1953 Buy stop 1954 TP 1964

Gold