USD/CHF I agree that a price turn is overdue, but the technical picture is hazy. One approach would be to target a short entry from outright parity if price keeps marching to this price level without any retracement. There is a price knot at .9953 - ...

$ Millionaire Traders Golden Price Mining

EUR/USD Not a big fan of the current picture, as I mentioned. However, the technicals are somewhat juicy. TL + .50 fib + well-defined level. Price would have to make its way to 1.1060 - 1.1044 in a somewhat straight shot for me to consider a long ...

$ Millionaire Traders Golden Price Mining

Small loss on this scalp. Not to surprised, since I only considered it for a scalp. GBP/AUD on the other hand has been behaving exactly as it should, If I posed this level, it was a ways back as I have been waiting for it to get hit for quite some ...

$ Millionaire Traders Golden Price Mining

Market turned at a slightly lower point. Still with a reasonable SL there is no reason that an early entry would not have survived. The intermediate highs in Feb created a better priced golden level slightly below .7200. Look at PA from the April 21 ...

$ Millionaire Traders Golden Price Mining

Yes, this was one of the best trades of the week so far. Put SL to BE quickly due to the pending GBP news. Got stopped out beforehand for a small loss and reentered due to the H4 200 MA confl. Closed out for 150 pips after the initial spike started ...

$ Millionaire Traders Golden Price Mining

Short-term diagonal along for the ride. image

$ Millionaire Traders Golden Price Mining

It's reacting. Well done. Would definately put SL to BE due to previous structure of PA. Q

$ Millionaire Traders Golden Price Mining

I believe I posted a level a bit higher at around .9900. Would consider it only for a short scalp at this point. image

$ Millionaire Traders Golden Price Mining

For a scalp, sure. However, this pair is officially back in that nasty range that dates back to the beginning of 2015. It is the longest range since the range that lead to the turn of the main trend in 2001. Once price breaks out for good, it is ...

$ Millionaire Traders Golden Price Mining

That's where it belongs. But seriously, the use of the 200 period MA is such a long standing convention in this industry that it would be foolhardy to not consider it. What language is your broker's EA coded in? Q

$ Millionaire Traders Golden Price Mining

I am working on an algorithm that can assist in mining golden levels. However, there is nothing like getting a visual sense for digging out those golden levels. Q

$ Millionaire Traders Golden Price Mining

There are lower levels one could consider, however, given the distance from current price, it is likely that price will be overbought if it makes its way to that level in the next few days. However, would no longer consider the dominant trend down, ...

$ Millionaire Traders Golden Price Mining

Folks, the postings to this thread are getting more and more focused and leading to higher quality signals. Great job guys. Really good stuff. Q

$ Millionaire Traders Golden Price Mining

I actually drew the correct level where price ultimately turned. but did not take the trade. Price ended up lingering to close to the level and there were so many precedent ranges to mine the levels from that nailing the one that would ultimately ...

$ Millionaire Traders Golden Price Mining

Experience, my friend. Just experience. Yes, it's a great example of this pattern. I am considering adding it to a collection of screenshots to illustrate price overextension. This is the best way to get a feel for it. For now AUD fundamental ...

$ Millionaire Traders Golden Price Mining

I know you were eying a breakout, but that golden level you had @ 155.72 was a beautify for a long. image

$ Millionaire Traders Golden Price Mining

Your twisty level was hit last Friday. Not bad. These are really strong levels and tend to cause a reaction in price even during a range. Good stuff. Coffee is my fuel. Both for charting and interval training. image

$ Millionaire Traders Golden Price Mining

Up almost 100 pips on this long. Full wave cycle completed + best priced golden levels + daily 200 MA. Doesn't get better than this. Otherwise a quiet start to the week. image

$ Millionaire Traders Golden Price Mining

Was pretty certain that the second or third level was going to be hit, esp considering the PA structure. Look how each successive range (retracement of the trend) on the way down becomes shorter and shorter. By the time price got to the .7300 level, ...

$ Millionaire Traders Golden Price Mining

Hard to spot level! Hope you loosened the entry price range a bit so you didn't miss the ride down.

$ Millionaire Traders Golden Price Mining