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- jackeollio replied May 6, 2015
Indeed, there is ... coming up! We have a very enthusiastic crowd!
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
If you still haven't entered the market Short, we are looking at entering the market Short at or near 1193.50 with a Stop Loss slightly above or @1194.50. The Take Profit target remains at or near the Demand level @1185.22 on the Day. Risk Reward ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Well, I don't know what to say ... lol

Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
As per my Post #936 url , the target for the 8 Hour trade setup is at or near the Demand level @1185.22 on the Day.
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
I was telling you that the Short trade is ON.
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
The 2 Hour trade setup has completed. The 8 Hour trade setup is currently under way.
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Chart #6 Post #903 above is an intraday chart url We now have 2 trade setups. One on the 2 Hour and one on the 8 Hour timeframes. On the 2 Hour, market direction is Short below 1194.66 with Retracement level @1192.05. On the 2 Hour timeframe, your ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Note sure I understand. My point as per Post #900 is that since the market failed to move above the previous candlestick High when it last moved above the Short level on the 8 Hour timeframe, it is now highly unlikely the market will continue it's ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Correct. I would also refer you to a prior cautionary note that I have posted yesterday (i.e. Post #900) url based on the observation that we have a similar configuration on the 8 Hour timeframe (i.e. market direction is Neutral).
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Chart #5 Post #903 above is an intraday chart url On the 2 Hour, the market is in the Consolidation zone between the Short level @1197.33 and the Long level @1194.66. We have a trade setup on the 4 Hour. Please refer to Post #922 and Post #927 ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Note: There will be no new chart posted before 10:00 a.m.
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Again!!!????!!!
Please tell me more.Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Very good! Your decision to enter or not enter a trade must first and foremost always be based on Risk Reward! That could never be overemphasized. That being said, you must consider that the Day is in a Bearish Consolidation zone. Relative to the ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Yes. The fact the market failed to breach a Demand level clearly suggests the market will bounce back. Remember, Demand is always Bullish (not Long) and Supply is always Bearish (not Short). You should be looking for the application to indicate ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Here I am assuming you are referring to Chart #3 Post #903 above. This is a very common mistake. Neither the 8 Hour nor the 4 Hour have reversed. A reversal implies there was a direction in the first place. The 4 Hour was Bullish, not Long and the 8 ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Chart #4 Post #903 above url On the 4 Hour, market direction is Long above 1189.43 with a Retracement Level @1192.04. We have a trade setup on the 4 Hour which reads as follows: (1) entry between 1192.04 and 1189.43 (2) stop loss below 1188.67 (3) ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
Chart #3 Post #903 above At the moment, we have no trade setups on any of these timeframes.
Ollio's Gold - Supply and Demand
- jackeollio replied May 6, 2015
It happened at 7:16 precisely on my one minute chart. The more important point I was making though is that your Stop Loss should have been above 1192.68 regardless of your entry.
Ollio's Gold - Supply and Demand