That depends on your R:R. If the market does return to the Retracement Level on the Day @1299.73 you can Short the market at that level but keep in mind that your target for such a trade is @1290.81 which is the current low. To enter that trade you ...

Ollio's Gold - Supply and Demand

Read my post #286 carefully. Based on what my system is telling me on the 4 Hour chart (i.e. the market is Neutral), I do not expect the market to move significantly lower within the next 4 hours. In which case, I am not planning to go Short at the ...

Ollio's Gold - Supply and Demand

Does my previous answer help you ?

Ollio's Gold - Supply and Demand

On the latest chart (see Chart #5 above), the market has entered the Neutral Zone between 1303.54 and 1292.43. This suggests that the market has potentially completed it's move to the downside. If it does resume to the downside within the next 4 ...

Ollio's Gold - Supply and Demand

Not sure what you're referring to. Was I suppose to say anything about the bar on the 8 Hour timeframe ?

Ollio's Gold - Supply and Demand

No, why ??? Oh I see. I was out for about 20 minutes that's why I said I just got back.

Ollio's Gold - Supply and Demand

Yes, sorry I just got back.

Ollio's Gold - Supply and Demand

at 8:00 UTC-5:00, which is in about 1.5 hours from now.

Ollio's Gold - Supply and Demand

Hi tripr, Certainly no Long trades for today unless the market manages to break the Supply level on the Day @1310.87 and for the moment no indication yet that short trades might be the way to go. So let's stay on the sidelines at least until we get ...

Ollio's Gold - Supply and Demand

Thursday May 15, 2014 Chart #1 On the 4 Hour, (1) the market is Bullish above 1302.87, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1302.87. On the 8 Hour, the market is in the Passive Consolidation Zone ...

Ollio's Gold - Supply and Demand

Cool. Agree a webinar is much overdue. The methodology is all about science (i.e. pure math) and has in fact very little to do with art and absolutely nothing to do with psychology. One could even argue that it is very poor from an artistic ...

Ollio's Gold - Supply and Demand

The way I read the timeframes (see Chart #8 above) by referring to the first and second columns of each timeframe is as follows: 1) the Week maintains Bearish pressure which keeps the market below 1313.84, 2) the Day maintains Bullish pressure which ...

Ollio's Gold - Supply and Demand

No, at least not yet. It is important to note that at this point both the 4 Hour and 8 Hour timeframes are reporting Bearish momentum (see Chart #8 above). Before we think of taking any Long positions we need to see, at the very minimum, these ...

Ollio's Gold - Supply and Demand

Perhaps I should have expressed my thought a little better. Indeed, it was quite clear to me that you were talking about scalping the market and it is for that reason that I chose to further explain the reason why, at this point, I would not be ...

Ollio's Gold - Supply and Demand

That depends on whether you're trading plan allows you to scalp the market or not. My personal view, now that I know that the Bullish momentum in the market has likely faded (see 8 Hour timeframe on Chart #7 above) for the day, is to wait for ...

Ollio's Gold - Supply and Demand

The system is extremely easy to learn and one which offers the shortest possible learning curve. You don't need to be an expert mathematician, an expert economist and you don't need to depend on any "gurus" or "masters" to know what you're doing. ...

Ollio's Gold - Supply and Demand

The market is likely going to support your view. The reason being that on the 8 Hour (see Chart #7 above) the market has gone Neutral indicating that Bullish momentum has likely faded for the rest of the day. Based on that configuration, I expect a ...

Ollio's Gold - Supply and Demand

That's an excellent point. Good strategy and good trading plan! What you need to know is that at 8:00 the retracement levels observed on the 4 Hour and 8 Hour timeframes (see Chart #4 above) prior to that time were no longer in effect since they had ...

Ollio's Gold - Supply and Demand

By the way, everyone who has access to the application should be looking closely at the chart at this very moment. Can someone try and interpret what you see for us and tell us what's happening now?? Don't hesitate to copy the chart from the website ...

Ollio's Gold - Supply and Demand

What I was trying to say is that if you had planned on scalping the market when you entered your trade this morning, your optimal exit would have been the upper boundary of the Neutral Zone on the 8 Hour timeframe.

Ollio's Gold - Supply and Demand