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- jackeollio replied Jun 11, 2014
Thanks for posting it ... I also think it's a very good post!
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
Perhaps the most important post of the day is Post #629. It helps traders understand why the 2 Hour is in control of price action on the market and what they need to look for. It is a good example of what I explained several times during the live ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
This morning, at best, we had a 2:1 trade based on the technical levels indicated on the 2 Hour timeframe (see Post #629 above). You could have entered Short @1264.78 with a Stop Loss @1266.77 (slightly above of course) and Take Profit @1260.76 ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
I guess the point is that you want to get in high reward/low risk trades. Basically, you don't want to enter trades that have an RR of 1:1 ... Avoid at all costs. Be selective, choose high profit trades and leave the other ones to other traders ... ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
Nice. First, if you were to go short at 1264.40 (i.e. Long level on 8 Hour timeframe), you must place your Stop Loss somewhere above 1267.54 which is approx. 350 pips. Your potential profit will be the difference between your entry and your take ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
The 2 Hour is currently in control of price action on the market (see chart below).
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
Wednesday June 11, 2014 ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------- Ollio's Live Commentary - Gold, Euro Dollar, Pound Dollar, Dollar Swissy Starts : ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 11, 2014
Agree, Caldera does offer a very interesting, introductory level synopsis of the dynamics of the financial markets. However, I wouldn't want to go into further detail of explaining what specific aspects of market dynamics he doesn't cover in his ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 10, 2014
I think the best way to explain this one will be to do it during a live commentary. What do you think ? Do you agree ?
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 10, 2014
Where do you see 1266.91 and 1292.82 in the chart (i.e. what timeframe are you referring to ?)?
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 10, 2014
Go post your junk on some other thread !!!
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 10, 2014
Tuesday June 10, 2014 ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------- Ollio's Live Commentary - Gold, Euro Dollar, Pound Dollar, Dollar Swissy Starts : ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 9, 2014
For those of you who have taken Short positions on Gold: Hedging or Take Profit is at lower boundary @1254.13 of 8 Hour timeframe (see Gold chart below or Gold chart on live application).
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 9, 2014
I got your email ... let's go on Skype.
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 9, 2014
Monday June 9, 2014 ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------- Ollio's Live Commentary - Gold, Euro Dollar, Pound Dollar, Dollar Swissy Starts : ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 6, 2014
At the moment, every timeframe all the way down to the 30 min is grey (indicates either Neutral, High or Low). The 15 min. indicates Bullish above 1245.64 with Supply @1249.74. And now the next one ...
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 6, 2014
Agree. Be careful of the 1243.58 level on the Week. Expect a mild pull back from that level.
Ollio's Gold - Supply and Demand
- jackeollio replied Jun 6, 2014
The main difference would be the differences in Supply levels and Demand levels. That which would make the case at hand somewhat different than the case we saw yesterday.
Ollio's Gold - Supply and Demand