Gold [M5] Price currently hugging the 1510 handle. image Long target is the 1520 handle with at least hitting the 1515 level. Short target is the DO Line or 1505 handle, followed by a long entry with a 1520 target. Not ready to engage in an entry ...

GamblerPro

A new week = New possibilities. image Time to get to work ! Masterrmind............

GamblerPro

But we also trade the Quad Candle Pattern and an astute trader would realize that come Monday (or Sunday depending on where you live) Gold will have a Quad Short signal and its also likely that price will be in the Upper Extreme Zone which is ...

Quad Candle System

Now with special Gann Grid applied. image Masterrmind.............

Quad Candle System

Once the significant swing has been identified on the D1 chart simply set the SQ9_StartDate to low bars date since price is clearly racing up the chart. I've used Gann 90 degrees in the settings of the QCS_MasterOctive_beta indicator but traders ...

Quad Candle System

Gold [D1 Chart] The dark blue colored trendline identifies the most significant and recent swing for a daily chart. image Certainly the 1500 level looks very very interesting. Question is will the bulls come back in force closer to this handle ? ...

Quad Candle System

Still waiting for traders to get involved here. Once I see participation by other traders I will trade a fresh account applying all of the techniques that the Quad Candle System has to offer. Until then I will remain on the sidelines as far as this ...

Quad Candle System

GPro_1K Week 1 Start Equity = $1000.00 End Equity = $1118.60 Net Profit = $118.60 True Net Gain in Equity = +11.86% image Weekly summary post will be provided whilst the account survives. Looking forward to Week 2. Masterrmind............ ...

GamblerPro

Took a quick little short ...risky but profit in the bag. Looking for a longer run of pips but getting into a good setup now has time against me as its getting late here. Masterrmind.............

GamblerPro

Bears are trying to push price lower but they keep getting beaten up by the bulls ! image Masterrmind.............

GamblerPro

Notice how the DR has exceeded the ADR ! A key observation but on such a high impact news day not so critical as ranges can be exceeded rather easily. Masterrmind...............

GamblerPro

Notice how I continue to adjust the Fib tool to capture all of the range of the current swing ! Provided the lower anchor remains fixed (price does not break down below it) then as price drives higher up the chart so too does the 38.2 Fib level. ...

GamblerPro

How nice would this be ... a pullback to the 38.2 Fib at the current high is exactly at the DO Line. image A few obstacles to price on the way down before price hits that level though since a bounce up off the 1525 handle is a real possibility. An ...

GamblerPro

Took a quick scalp in the long direction for a little bit of profit (+0.8% gain). Masterrmind.............

GamblerPro

Price pulled back but only very shallow, then the bulls have now taken price just above the 1525 handle. Lets now re-assess but firstly wait and see if price hugs that 1525 level and perhaps drops or if an aggressive up move occurs. ...

GamblerPro

Gold image What I'm looking for PA to achieve here is the following: a) price to hold below the 1525 handle; b) a pullback close to the 38.2 Fib shown on the chart or Daily Open level @ ~1518; and c) followed by a sign that the bulls are invested ...

GamblerPro

In and out super quick for a fast +1.4% gain. Masterrmind.............

GamblerPro

Gold [M5] Close enough to 30 minutes after the major news event ... time to start looking for a possible entry. image Question is where is a good entry and in what direction and at what risk for how many pips ? Masterrmind..............

GamblerPro

Objective met. May look for a few more trades ... Any real traders around ? Good trading, Masterrmind.........

GamblerPro

Objective Today Show a Return this Month > 7.5%. ps. this account may well be traded aggressively with more focus on actual gain rather than DD, however single digit DD is certainly preferred. Masterrmind.........

GamblerPro