What weakens the bull narrative at this point is the fact that the upper range of our golden level did not act as support just as price was attempting a move upward and price could not overcome one of the M5 200 MAs. Q

$ Millionaire Traders Golden Price Mining

Short @ 1.1414 from one of our levels. Would not hold for long as nearby range and overall bullish momentum will likely put a stop to any bear run. image

$ Millionaire Traders Golden Price Mining

Welcome badtzo, When facing that kind of fundamental news it's best to stay out, unless the level is ultra fresh and price has time to become overbought or oversold. Q

$ Millionaire Traders Golden Price Mining

As I mentioned, price momentum was high as it closed in on the level. The H4 candles are very bearish around the level, so definite a candidate for tight stop management. Q image

$ Millionaire Traders Golden Price Mining

Spot on with that price. That level has the best structure according to the golden level definition. However, there is no reason not to initiate at .7500 ( or lower) and then account for the entire possible entry range with a wider stop. Q

$ Millionaire Traders Golden Price Mining

Price respected the lower level but the more significant move came at 1.2660. This was a tough one and although I didn't take any position I doubt I would have been able to catch the reversal on the first try. Price was already quite oversold. One ...

$ Millionaire Traders Golden Price Mining

EUR/CHF PA on this pair shifted from tight ranges to more fluid, directional price movements around April 20. This more fluid PA is now coming close to levels generated by the those tight ranges. Both the daily simple 200 MA and a TL are acting as ...

$ Millionaire Traders Golden Price Mining

I posted that level a while ago and haven't posted anything USD/CAD related recently. It is important to keep up-to-date with how price behaves around the levels and if there are any better priced that appear near by. What has changed is the recent ...

$ Millionaire Traders Golden Price Mining

An absolutely stunning result. The two levels I posted along with carlostedo's defined all three counter-trend retracements. Scalped the last one and closed quickly as previous resistance turned to support rather quickly. Q image

$ Millionaire Traders Golden Price Mining

USD/JPY Bargain hunters coming in to buy the USD after last week's drop. Possible golden level to short from when the longs get crowded. Hard to tell if M30 or H@ 200 MA will come into play for confl. (depends on on quickly price can make its way to ...

$ Millionaire Traders Golden Price Mining

I had it drawn on my chart and the price knot that created it is well-formed. I passed on it due to it being a counter-trend trade and the level not being the absolute best for that kind of environment. However, it looks like at least a retrace is ...

$ Millionaire Traders Golden Price Mining

It actually is a really big twitsy, indeed. You'd need a multi-decade TF to take advantage of it though. There are no doubt bullish forces at work here. I am not sure that any bexit related news is going to push this pair much further down and ...

$ Millionaire Traders Golden Price Mining

Excellent carlostedo! The first level I posted was hit and as expected made a nice scalp. When scanning a chart, my eyes usually fall to those thick price knots even if the levels they create are a bit further away. But your level has nice confl. ...

$ Millionaire Traders Golden Price Mining

EUR/JPY The long-term trend is still very much down and the pair just broke out of its multi-month range and is pushing back up toward the levels created by the range. image The lower level for a short entry has 200 MA confl. on the M30 TF. ...

$ Millionaire Traders Golden Price Mining

-15 pip loss on USD/CHF. +48 pips on GBP/CHF. As I suspected, that 200 MA turned out to be a road block in the way for further gains on the USD/CHF. image

$ Millionaire Traders Golden Price Mining

Sometimes you will miss trades by waiting for the best price entries, but when you do get those bargain entries you are glad that you waited. Q

$ Millionaire Traders Golden Price Mining

GBP/USD Do not find that the PA on this pair presents the best trading conditions. But since it is one of the majors, I'll post this somewhat golden level with TL and .50 fib confl.. image

$ Millionaire Traders Golden Price Mining

Longs on GBP/CHF and USD/CHF. GBP/CHF long is based mostly on the tight price knots. Both trades will need to actively monitored until some technical hurdles are overcome. USD/CHF in particular needs to clear the 200 MA. Also price is only somewhat ...

$ Millionaire Traders Golden Price Mining

NZD/USD Very nice TL lining up with those lows. For the somewhat short-term term picture: similar picture to EUR/USD in terms of the cup and where price turned recently. image

$ Millionaire Traders Golden Price Mining