Agree. Under current market conditions, most trades you would be looking at now offer a poor RRR.

Ollio's Gold - Supply and Demand

Chart #5 Post #970 above is an intraday chart url On the 2 Hour, the market has given us a High. Therefore, the market is Short below 1186.72 with a Retracement level @1182.50. On the 4 Hour, the market is Short below 1180.39 with a Retracement ...

Ollio's Gold - Supply and Demand

Chart #4 Post #970 above is an intraday chart url For the moment, there is NO DIRECTION on any of the timeframes. Please do NOT enter the market SHORT or LONG as of yet.

Ollio's Gold - Supply and Demand

Well, that is absolutely false. My application will always give you the right signal at the right time and the most accurate technical levels of Supply and Demand. If you look at the Supply level on the 8 Hour it is @1189.89. If you had access to ...

Ollio's Gold - Supply and Demand

Early indeed. We must wait for the 8 Hour timeframe to indicate "Short" and then use the technical levels indicated on that timeframe to determine the following: (1) entry level, (2) Stop Loss, and (3) Take Profit. Until then, we sit and wait.

Ollio's Gold - Supply and Demand

Which chart are you referring to? For the moment, there is no market direction on any of the timeframes (i.e. no trade setups yet).

Ollio's Gold - Supply and Demand

Post #970 above The Day is Bearish (not Short) below 1185.78 towards Demand @1175.33. This is the trade opportunity we are focusing on as it will offer excellent Risk Reward. Which means that we are waiting for the application to give us a Short ...

Ollio's Gold - Supply and Demand

Chart #3 Post #970 above is an intraday chart At the moment, there are no trade setups on any of the timeframes.

Ollio's Gold - Supply and Demand

Agree. This is a case where the application gives you a signal (i.e. Long on the 2 Hour timeframe) but for which the RRR is not adequate to justify the risk of entering the market. The reference here is Chart #2 Post #970 above.

Ollio's Gold - Supply and Demand

Thursday May 7, 2015

Ollio's Gold - Supply and Demand

Your Stop Loss should remain slightly above 1192.67.

Ollio's Gold - Supply and Demand

Hold your Short positions until 16:00 UTC-5:00.

Ollio's Gold - Supply and Demand

UPDATE: 1192.05 is now the Short level on the 2 Hour timeframe which is expected to trigger a continuation of the Short market towards 1185.17.

Ollio's Gold - Supply and Demand

Chart #8 Post #903 above url On the 2 Hour, the market is in the Consolidation zone between the Short level @1192.24 and the Long level @1185.17. This last chart now suggests the market will resume Short towards 1185.17 as it approaches 1192.24. ...

Ollio's Gold - Supply and Demand

For most people, such an explanation would prove to be of no interest whatsoever.

Ollio's Gold - Supply and Demand

In order to avoid the possibility of confusing the audience, I choose not to answer your question and defer my explanation at least for the moment. It is a rather advanced topic that requires in-depth understanding of the application which most ...

Ollio's Gold - Supply and Demand

I'm assuming your question is "Why did we not see the chart if it contained pertinent info?" You did have the pertinent info even if I hadn't posted the chart. see my Post #951 above. That was the purpose of this post. The only thing you did not see ...

Ollio's Gold - Supply and Demand

Yes, of course it was there at 12:00 UTC-5:00 (i.e. at the opening of the new 4 Hour candlestick).

Ollio's Gold - Supply and Demand

see my Post #955 above. Expect a retracement towards 1193.50 followed by a short market. That's what I meant almost one hour ago.

Ollio's Gold - Supply and Demand

Chart #7 Post #903 above is an intraday chart url On the 2 Hour, the market is in the Consolidation zone between the Short level @1194.37 and the Long level @1187.61. On the 4 Hour, the market is Bearish below the Long level @1194.46 towards ...

Ollio's Gold - Supply and Demand