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- jackeollio replied Dec 6, 2016
On the Day timeframe in the chart above, the market has retraced to the Long level @1173.82. In other words, we have a Short entry @1173.82 with a Stop Loss @1183.17 (or slightly higher). For the direction of the market to reverse Long, the day must ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 6, 2016
On the FIA chart above, you can see that the 1 Hour, 2 Hour and 4 Hour have completed their Long market cycles and have now returned to Short market cycles. The 1 Hour, 2 Hour and 4 Hour timeframes are back in sync with the Day timeframe which is in ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
The market remains in a Short market cycle on the Day timeframe.
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
You can see from the chart posted in Post #1,236 above that the FIA has the ability to track and monitor Short and Long market cycles from start to finish independently for each timeframe. This feature provides traders with great flexibility by ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
Only the Short market cycle on the Day timeframe, which started today, remains to be completed ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
On the charts below, you can see all the market cycles that have been completed since yesterday. I have indicated the signals along with the technical levels (i.e. Short & Long price levels) generated by the FIA for each one of the timeframes.
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
From the chart above, we can see that, as of 12:00, the market has completed a Short market cycle on the 2 Hour. The market is now in the process of completing a Short market cycle on the 4 Hour. This cycle will be completed later today at 16:00 EST ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
Yes, I did receive your email and, as with many others, I will be responding sometime today. Also, glad to hear it makes sense to you!
Cheers.Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
As per the chart above you can see that, as of last week, the FIA generated a Low signal on the Week timeframe. For the market to resume Short on the week timeframe, the market (i.e. week candlestick) must close below 1164.38.
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
The latest chart above illustrates how to properly read the signals generated by the FIA. As the market approaches the technical levels (i.e. Short and Long) indicated by the Low signal on the Day timeframe, instead of entering the market short, we ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
On the Day chart in Post #1,224, notice how the market is now near a previous Low. In a case like this, a good strategy is to avoid taking short positions as we are too close to a previous Low. A better option is to consider taking a Short entry ...
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
One of the key benefits of using the signals generated by the FIA is that traders are always able to accurately determine their Risk and their Reward before entering a trade.
Ollio's Gold - Supply and Demand
- jackeollio replied Dec 5, 2016
As a side note, using the signals generated by the FIA as per in the chart above you would have had a profitable trade. Assuming a Short entry @1168.49, Stop Loss @1170.04 (or slightly higher) and a take profit @1164.50, we have: (1) position size = ...
Ollio's Gold - Supply and Demand