Thanks Khalil and welcome. Indeed an apt description of the method. Q

$ Millionaire Traders Golden Price Mining

EUR/GBP There is a closer level @ .8188 formed by a nice set of lows. The current trend is going to require a high quality golden level in order to reverse. image

$ Millionaire Traders Golden Price Mining

Welcome. Great name, btw! Q

$ Millionaire Traders Golden Price Mining

Nice to see an FF veteran come for a visit. Thanks for the kind words. And your statement is absolutely true. Always something new to learn in this market. Q

$ Millionaire Traders Golden Price Mining

url

Is PAMM illegal everywhere in the EU?

Not quite. The point is that fundamental news can break what would otherwise be a great technical setup. For the purposes of this thread, major news tends to get in the way and does not really help us. It is a hinderance to most experienced traders ...

$ Millionaire Traders Golden Price Mining

Indeed, that one really carried the week. All you need is one of these, forget the iffy setups. Q

$ Millionaire Traders Golden Price Mining

Yes, those kinds of events can cause price to cut through almost any levels. They can present opportunities after the fact as they very often cause supply/demand imbalances and shake things up (ie. pull price out of an untradeable range). However, ...

$ Millionaire Traders Golden Price Mining

Hi albern, The reference chart is on step 5 of the first post: url Q

$ Millionaire Traders Golden Price Mining

Hi crossmxn! The level itself is not by definition golden since you are fading one low and a collection of highs. We usually want follow the trend pattern and short lows and go long on highs. Also at 38.2 price tends not to be all that overbought. ...

$ Millionaire Traders Golden Price Mining

Ok here is a golden level that I missed out on. It is ultra sharp and an example of a golden level if there ever was one. I let the overall negative PA in that range influence me and therefore I did not give this pair enough attention during the ...

$ Millionaire Traders Golden Price Mining

That's exactly what they will do. Will require some time to get them ready for release... wishing there were more than 24hrs in a day.

$ Millionaire Traders Golden Price Mining

Golden level got hit again today. This time with candle exhaustion. Let's see what this one brings. There are pips to be mined in these pairs that most don't look at! Q image

$ Millionaire Traders Golden Price Mining

EUR/CAD Nice level mined near bottom of long-term range @ 1.5154. Fib .50 coincides perfectly with it. Will take some time for price to get there if it does, but digging for these level ahead of time is what this approach is all about. Q image

$ Millionaire Traders Golden Price Mining

E/U is in a tough spot right now, higher highs and lows make fading difficult while at the same time the pair is too range bound for me to jump onto a trend trade... wait and see. Q ...

EURUSD

Irrationality at work, good thing it's not necessary to predict in order to make pips. _________________________________________________ Golden Level Trading: url

EURUSD

Still lots of significant areas for potential longs at golden level. At least within the range over the short-term E/U is making higher highs, which might finally indicate a breakout out of this ranging mess. image ...

EURUSD

Absolutely correct. It becomes much harder to draw the level accurately on the D1+ TF. When you go back that far, there are simply too many highs and lows forming too many nuggets to know with accuracy where price will most likely turn. That being ...

$ Millionaire Traders Golden Price Mining

It's a well formed level actually, the only problem is that is has been used quite a bit. As you probably noticed price cracked through it a bit more than one would like today. Also it is not situated near the extremes of the range (in this case the ...

$ Millionaire Traders Golden Price Mining

Nice mining. Tough to spot golden level, but considering how overbought price was getting over the short-term, this was definately a good setup. Great stuff, HPT! Q

$ Millionaire Traders Golden Price Mining