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- jackeollio replied May 4, 2015
Chart #6 Post #810 above url Notice on the Day the application now posts Supply and Demand levels. Our target for Long positions is now near or @ the Supply level @1193.69 on the Day.
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
Chart #5 Post #810 above url We now have a reversal on both the 2 Hour and 4 Hour timeframes. Positions are now Long with initial Take Profit target set at the Short level @1187.65 on 8 Hour timeframe.
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
What we are seeing on Chart #4 Post #810 above (i.e. http://www.forexfactory.com/attachment.php?attachmentid=1667381&d=1430742426) is the following: (1) on the Day, the market remains in it's consolidation zone between the Short level @1188.82 and ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
Chart #4 Post #810 above url Both the 2 Hour and 4 Hour timeframes now indicate a Short market. They both indicate possible trade setups for a Short entry. (1) on the 2 Hour, we have a Short entry between 1182.23 and 1182.78 with a Stop Loss above ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
I have now replaced this chart with the latest one ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
I'm not sure what you are saying. If you are already in the trade, you could lower your Stop Loss at the Retracement level @1182.24 on the 8 Hour timeframe. At this point, I was not suggesting you enter new trades or scale up your trades.
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
Chart #2 Post #810 url Notice the new Retracement level on the 8 Hour @1182.24.
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
That doesn't matter to me, I do not chase trades. I wait for optimal entries. As I have mentioned in an earlier post, you can always choose to pre-empt the trades as long as you are comfortable with the RRR. When you pre-empt trades you always do so ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
First off, the Week does not indicate a Retracement level since it offers NO DIRECTION. In Post #815 above, I gave you the optimal entry for this trade setup, meaning that this is the one which offers you the best Risk Reward Ratio. You could very ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 4, 2015
Chart #1 Post #813 above We have a trade setup on the 8 Hour timeframe. The FIA indicates that the market is Short below 1184.86. Your entry Short is between the Retracement level @1183.53 and the Short level @1184.86. Your Stop Loss is above ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 3, 2015
Chart #2 Post #810 is an intraday chart. This second chart is similar to the previous one in that the application has not revealed any trade setups yet.
Ollio's Gold - Supply and Demand
- jackeollio replied May 3, 2015
Chart #1 Post #810 above For the moment, there are no trade setups on these timeframes.
Ollio's Gold - Supply and Demand
- jackeollio replied May 1, 2015
Chart #10 Post #791 Well, I just couldn't resist the urge to post one more ...
Notice that Chart #8, Chart #9 and Chart #10 have all posted Lows on different timeframes. The Day is Long above 1170.58 with a Retracement level @1171.55. In a Long ...Ollio's Gold - Supply and Demand
- jackeollio replied May 1, 2015
Chart #9 Post #791 will be the last chart for the week ending today. The 2 Hour timeframe indicates that we have a Low and that the market direction is Long above 1168.61.
Ollio's Gold - Supply and Demand
- jackeollio replied May 1, 2015
I would love to put up as many instruments as possible but it seems like traders are still struggling with the basic concepts of the application. So for the moment, I consider it in the best interest of all traders not to post more than one ...
Ollio's Gold - Supply and Demand
- jackeollio replied May 1, 2015
Until 10:00 UTC-5:00, I expect the market to remain squeezed between 1173.05 and 1169.06. see Chart #8 Post #791 The 1 Hour timeframe on Chart #8 suggests that 1169.06 is a good level to go Long with a Stop Loss @1168.00. In this case, your Long ...
Ollio's Gold - Supply and Demand