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- jackeollio replied Apr 25, 2014
You sure will get an answer if you have any question to ask. In fact, it would be very good if you did ask questions about how to use the information. It would allow me to start the discussion and I think it would help the other traders who may have ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 25, 2014
If you have any questions about how to use the information to trade, feel free to ask. That being said, this morning you need to be careful going Long because there is a Supply Level @1302.88 on the 8 Hour. Also notice that the 4 Hour chart holds a ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 25, 2014
So far, I have scheduled 4 webinars between May 1st and May 15th. But it looks like I may have to schedule a few more.
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 25, 2014
Excellent point ! You are absolutely right ! The purpose of these postings is to demonstrate that the application (i.e. tool) is capable of calculating all the key levels you need to trade. Basically what it means to traders is that they do not need ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 25, 2014
Friday April 25, 2014 Chart #1 On the 4 Hour, (1) the market is Bullish above 1292.65, (2) Demand has overcome Supply such that we have a Low, (3) we have a Retracement Level @1292.65. On the 8 Hour, the market holds a Bearish Bias below 1315.22. On ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Hi tripr, You are right the market did not respect any of the Retracement Levels on the lower timeframes. That's simply because the market had broken a key Demand Level on a Higher timeframe (i.e the Week). In which case, the Retracement Level to ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Hi mausaroli, You have an excellent question! But first, let me say that I am glad to hear you appreciate my thread. Now to answer your question. You may recall in one of my previous posts that I mentioned that the application only calculates ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Well, not necessarily meaning that I will enter a trade on any timeframe which meets my RRR criterion. That being said, these types of trades happen most often on the higher timeframes (i.e. timeframes >= 4 Hour).
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Not very many but they are the good trades. Aside from being very profitable, another key advantage of using a higher RRR is that it effectively enables you to choose the longer term trades and enter the trade at the "right" time. The main ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
My filter is a minimum of 1:5 Risk/Reward Ratio for taking trades. So for a 1000$ Risk, I must have a potential Reward of at least 5000$ before I consider entering a trade.
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Yes, I guess you can use the term Support. If the market manages to take out the Demand Level @1271.73, we will have a High on the Day which is the case when Supply overcomes Demand.
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 24, 2014
Thursday April 24, 2014 Chart #1 On the 4 Hour, (1) the market is Bearish below 1279.84, (2) Supply has overcome Demand such that we have a High, (3) we have a Retracement Level @1279.84. On the 8 Hour, (1) the market is Bearish below 1280.37, (2) ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 23, 2014
Wednesday April 23, 2014 Chart #1 On the 4 Hour, the market is Bullish above 1283.23 with Supply @1287.27. On the 8 Hour, the market is in the Passive Consolidation Zone between 1289.74 and 1278.43. We have an Active Consolidation Zone as the market ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 22, 2014
Hi tripr, I have scheduled 4 webinars starting next week.
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 22, 2014
Yes, thanks, I'm doing great.
Just took a long weekend off.Ollio's Gold - Supply and Demand
- jackeollio replied Apr 22, 2014
Tuesday April 22, 2014 Chart #1 On the 4 Hour, the market is in the Passive Consolidation Zone between 1294.24 and 1288.95. Notice how the Lower Boundary of the Passive Consolidation Zone on the 4 Hour @1288.95 closely matches the Lower Boundary of ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 17, 2014
Thursday April 17, 2014 Chart #1 We have an Active Consolidation Zone as the market is simultaneously Bearish below 1298.35 on the 8 Hour and Bullish above 1295.91 on the 4 Hour. Notice how the market initially penetrated into the Passive ...
Ollio's Gold - Supply and Demand
- jackeollio replied Apr 16, 2014
That is one of the Entry Strategies that we will be discussing during the webinar. In this particular case, you must not forget that on the higher timeframe (i.e. Week) the market is Bearish below 1309.01. This is a key level for this timeframe as ...
Ollio's Gold - Supply and Demand