I am going to wait for a little while and see how this hourly candle develops.. If it ends up as a bearish pinbar then I will be short... as price is close to 61.8 fib level which has been a pattern in this down trend; plus we made a lower low ...

US Crude Oil with smart VSA and Dark Seasons [only]

Thanks.. still to early to say... too mixed... The important thing to watch is the euro and if it will continue to go up after yesterday.. if it does I think gold will follow... If you notice the rhetoric on bloomberg has already shifted too.. bad ...

Only Gold!

it's to early to say before the jobs numbers; but it seem like gold is poised to go up... euro, aud and the usd index have bounced off key sr areas...and there seems to be hidden bullish divergence developing on the 1 hr chart... again it is to ...

Only Gold!

Thanks; and I hope you do mean it because it still feels like you are being defensive about things... Your supply and demand with channels system WORKS man... I have no doubt; in fact I will check those threads out at a future date...because I ...

US Crude Oil with smart VSA and Dark Seasons [only]

Thank you so much Don... You understood the spirit that I shared that information with... For a second I thought that I might have been offensive...

US Crude Oil with smart VSA and Dark Seasons [only]

Okay I'm kind of uncertain here as to what you are trying to say here... Either you have again gotten offended "by me agreeing with you in principle" but not in definition...I.e when I say gap I mean common gap not a breakout gap which is what you ...

US Crude Oil with smart VSA and Dark Seasons [only]

hey Joe Thanks for elaborating... I agree with you completely; but I personally don't consider intraday long candles as gaps in the futures market... The crude oil example that you gave; if you look left to that there was a lot of choppy ...

US Crude Oil with smart VSA and Dark Seasons [only]

* A bizarre attempt to understand what is happening right now with the Euro* After negative interest rates the euro should be down; but it has moved up... Okay..negative interest rates should mean that banks will be charged for holding cash in the ...

Only Gold!

No prob Don! Yes brent has been gapping a lot too... this happens in a lot of markets... not much in gold though! which is another market i trade frequently! good luck to you...

US Crude Oil with smart VSA and Dark Seasons [only]

trying a small long...(very small stop loss) Usd index and euro are running away...

Only Gold!

Agreed! My talk of 1280 region is an ideal situation of a short (but PA candles will eventually decide)...from there I intend to short (if tomorrows NFP is good) but I feel it is still too soon to say or do anything right now... the euro has started ...

Only Gold!

2 or 3 days...maybe by tomorow nfp.. Market should retest its breakout area (generally) but I am not entering now...will wait it out; till candles guide for a long... *there is good volume for a touch at 1280* Still to early to enter though

Only Gold!

I am going to see how 1250 to 1246 area holds as support and judging on that might go long in a bit... targeting 1280 resistance region!

Only Gold!

Yes this was my tp level2 (101.55)... all of this would have worked out with the method I described above.... this could be support or resistance I don`t know now... as the market has to show some structure before... plus trading on this ecb day ...

US Crude Oil with smart VSA and Dark Seasons [only]

haha... It had to give but I still think its too early to call a position... (even though volumes are good) but this could be stop hunting right now...I am sure majority of shorters got stopped out... See Usd index... it retracing down again! one ...

Only Gold!

Well its not a rule of thumb... As I said above... you can`t solely rely on gaps...but they should be used as an aid... For instance I was trading oil from 104.2 by following gaps and market structure..As lower lows and lower highs were being ...

US Crude Oil with smart VSA and Dark Seasons [only]

Sometimes I wonder why I trade gold... Everything else was kinda predictable... but moments like this...

Only Gold!

Yes so I took a look... your saxo feed has not shown the one on 102.15; but I do see one after 10pm at 102.5 level... *EdIt* actually there is one in the 5pm area of your chart... after the 2 hammers...

US Crude Oil with smart VSA and Dark Seasons [only]

I double checked on a different brokers feed... It is there...!

US Crude Oil with smart VSA and Dark Seasons [only]

Yes...when price jumps without a candle linking... cln4 are you trading the futures contract via comex or a cfd on mt4... if on mt4 then it should be there... if not then maybe your brokers feed is different My 5 min chart (fXCM) for usoil ...

US Crude Oil with smart VSA and Dark Seasons [only]