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pres78 replied Oct 12, 2017Gold and Silver... Both still appear weak to me and should be ready to fall. Both Daily bars closed as ND's today into the L of previous high volume Daily zone... Let's see what Friday brings...
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pres78 replied Oct 12, 2017Well, sir... really not sure now as that bar ended up closing on higher volume which I don't like in my 2BR's. Going to leave my short for now and not consider any new positions until I see how today closes. Will reassess things at that time.
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pres78 replied Oct 12, 2017Gold... The current 4-hour bar set to close in 13 minutes could change things a bit for me... We are sitting at the L of last weeks highest volume 4 hr zone which was a markup bar within the Sept 25th daily bar. While I don't normally take a long ...
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pres78 replied Oct 11, 2017AUDUSD looks weak to me ready for a USD rally. My 4hr chart and highest volume is different than yours and is over current price. I see the move up on AUDUSD the same as I do on Gold. Just a pause before further sell-off (USD strength). I should ...
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pres78 replied Oct 11, 2017Gold... Huge volume on that first 30 minute up bar post FOMC minutes release... See how the first hour closes also... should be a great zone for tomorrow's intraday trading. Buyers? Sellers? Let's see...
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pres78 replied Oct 10, 2017Gold. Looking to go short after a lovely pres78 2BR into the low of the key Sept 25th Daily bar. Awesome increased volume on bar 1 followed by reduced volume bar making a HH, closing on it's low below 50% of bar 1. This Daily bar (the Sept 25th ...
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pres78 replied Oct 6, 2017EURUSD post-NFP... check out how awesomely price respected my EURUSD line in the sand on that NFP spike... We've officially entered bear territory for me. Now we need to see how the day/week closes and whether the bears are able to hold and then ...
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pres78 replied Oct 4, 2017Check out where gold found sellers resistance. See what happens now back down at some buyers support.
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pres78 replied Sep 29, 2017Gold. Monthly is weak printing a pres78 2BR. BTW my highest monthly volume is not the same as yours. My highest is Aug 2017, before that June 2016. Weekly my highest volume is the week of 4.14.2013. The monthly 2BR printed into the low of this zone. ...
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pres78 replied Sep 28, 2017Looks like Gold may want to re-test into 1290-1300 before carrying on down to 1250. Overall my longer-term bias remains bearish on Gold unless something drastic changes.
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pres78 replied Sep 27, 2017EURGBP is weak so long as it's below the shared level noted by my red arrow. I may be wrong in the end... the market will decide.
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pres78 replied Sep 27, 2017EURUSD approaching a key support level on the Daily chart (my line in the sand mentioned a few times before) which is key for Bull and Bears. Could be a great place to reload long or could be a great place to grab a great long-term short entry... ...
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pres78 replied Sep 26, 2017Going back to a post from a while back on where I see Gold heading... Today formed a lovely pres78 2BR at a great location. Daily chart with my higher TF zones and my hourly chart with it's zones from the past two days... As always we will see what ...
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pres78 replied Sep 25, 2017Yes, that zone from last Wed and also more recently the zone from Fri which both occupy a similar range area. Until the H or L is taken out and tested successfully we will see sideways ranging action within that roughly 100 pips. Great for scalping ...
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pres78 replied Sep 20, 2017Careful as it's very late in the day so we could well enter a sideways move. Also for what it's worth if we get back to 1303-1306 area today and you are long watch PA closely as there is a stack of resistance sitting at that zone. Anyway I am still ...
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pres78 replied Sep 20, 2017A short trap? How about a bull trap. First moves were up making new high sucking the BO traders into longs and then down. Speech coming shortly see what happens from there. I love FOMC and NFP because it gives me great UHV zones to trade in the days ...
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pres78 replied Sep 20, 2017I am talking overall longer term not intraday. My whole view and post was based on Daily TF only. Nothing lower. Also for me personally I don't put much weight into things that happen during Asia unless we've seen abnormally high volume or range ...
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pres78 replied Sep 20, 2017It won't hurt my account any... I am not even trading gold at the moment
. Too range bound for my liking. Hoping FOMC will help break the shit tight ranges we've seen this week on many pairs. Just watching and waiting and taking the ...vsa with Malcolm
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pres78 replied Sep 20, 2017Right now Daily candle looking like ND but I am sure this will change after FOMC. That said the Aug 29th Daily bar low is key level for bulls. If that level gives way (which I believe it will) and is tested then bears will run the show until we ...
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pres78 replied Sep 19, 2017This is the same as GJ Daily. A return to 4650 - 4520 zone could be expected to gather more longs at another key decision point. Again we took out the 2017 high. We also have a key shared level around 4650. It is the H of the Sept 12th (that date ...
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