Gold [M5] Short Play ?? image Masterrmind............

GamblerPro

Gold [M5] image Masterrmind............

GamblerPro

Took a quick scalp in the long direction for another small winner. Still looking for market direction. No solid bias at this stage. Masterrmind.............

GamblerPro

Took a very quick short on Gold closed out for a winner. Looking for next setup. Masterrmind............

GamblerPro

Gold [M5] Big weekend gap up on the precious metal. image PA has since close the gap and now we have some PA to work with but question is where do we trade it ... ?? Up to 1535 ? Down to 1525 ? Masterrmind..............

GamblerPro

Gold [M5] Price currently up near the 1505 level after a rather strong move up the chart. Plenty of news floating around so an entry needs to be well managed. image Lets see if I can time an entry without losing too much bark in the process. ...

GamblerPro

EURAUD [M5] This is the setup I took for this symbol recently (details are shown in my account history). image I attempt to make entries (even for short term scalp type trades) that are based on the best setups possible under the prevailing market ...

GamblerPro

Hi fellargasi, Your Question: "how do you find your daily ideal forex pairs for your strategy?" My response: On my chart shown below there are 30 symbols listed. image In the early stages of building a High Risk Accounts' Equity typically I will ...

GamblerPro

Hi fellargasi, Although a scalping type approach has been used on this account in the early stages I will by no means trade only a scalping approach. The primary purpose of the scalp approach is to accumulate 'buffer profit'. Buffer Profit is ...

GamblerPro

Shorts on offer now that price has hit 1504ish but keep the stops just above the 1505 level to minimize risk just in case the bulls come back. Manage the entry if taken, I'm about done for the day. Masterrmind.............

GamblerPro

Gold [M5] image Masterrmind..............

GamblerPro

Certainly could have taken a short here but I chose not too. Price dropped to about 1501 and is now moving slowly back up the chart so I'll look for another chance to take a trade. Masterrmind..............

GamblerPro

Gold Price almost completed the 1to1 harmonic around 1504. image However, the bulls are very strong so we need to be careful. Lets see. Masterrmind.............

GamblerPro

I am tempted to go long off the 1500 handle up to lets say 1505 level but lets see. Then I'd drop a short from 1504-5. Hmmm but what about RR ... not so good right ! Masterrmind..............

GamblerPro

Notice the projection of the AB leg. image Ideally I want to see a similar move for the CD leg. If price strikes the D point at a much faster pace then it may suggest that the bulls will take price up to and possibly beyond the DO line. Many ...

GamblerPro

Gold [M5] Notice how price is adhering to harmonics. image 1. 1to1 completed to the downside. 2. 1 to 1 harmonic to the upside places price in the same area as a 61.8 pullback of the original AD swing. 3. Chart structure to the left ... nice isn't ...

GamblerPro

Not so keen on a long setup using for example a Buy Stop strategy due to the perceived risk based on chart structure and mixed market views. Price is likely to charge up a few $'s and then drop a little again. I will post a few charts based on my ...

GamblerPro

Gold A few points of profit just taken in the long direction near the 1500 handle. Lets see if some points can be had in and around this zone. Masterrmind.............

GamblerPro

Took a series of long entries but couldn't get much traction so closed them out and then went short for another small winner. PA is not there for me at this time so I'll wait and also consider other pairs to trade. Masterrmind............... ...

GamblerPro

Gold [M5] Now long 1 Lot. image Masterrmind.............

GamblerPro