Get ready for mayhem boys...

Gold

Wow. Thanks mate.

Is this the correct way to draw S&R lines?

Hey, mate. What do you think of Nick Shawn's strategy? This is my take: you do NOT have to be right most of the time. In fact, if you would be right 20% of the time, you'd still come out in profit if you don't over-risk. image You basically buy at ...

Is this the correct way to draw S&R lines?

He can write what he wants. C'mon Zebi, focus on trading.

Gold

1890 max then we'll see 1910+

Gold

It should hit at least 1892 before going to 1910.

Gold

Damn. I hedged from 1890 till 1899 thinking it will go down more. If I didn't hedge, I would've doubled the profit. Stupid fear makes you do stupid shit.

Gold

Another higher high confirmed. Looks like we'll retest 1885 or 1886 before going back up again.

Gold

True. It's been heading downrange for too long now.

Gold

Guys, I currently have a short and considering closing it on 1885 and opening a long instead. What do you think?

Gold

I'm bearish too, but just keep it in mind. Gold is one tricky bastard.

Gold

From M5 to H1. I think its beginning to create higher highs. Maybe the next high impact event will show us the new trend.

Gold

Just ignore him. Even if he's banned, new traders will simply look for another trap. Its how they learn.

Gold

Hey Zebi. I think the trend is going to change to bullish soon, don't you think? Zoom out the chart and see for yourself. It touched the same level of 1896 twice.

Gold

Your pending orders probably won't hit. Just buy now if you want to.

Gold

Agreed. But if I were you, I'd wait a bit longer.

Gold

Always set your pending order 10 or 15 pips closer from your original placed price incase the price reverses.

Gold

I suggest hedging till 1885. This bearish move isn't over yet.

Gold

Ignore that clown profits7.

Gold