And this will be my only word of wisdom for today (i.e. last post) ...

Ollio's Gold - Supply and Demand

There's no new play so far this morning (see chart above) as the market remains constrained within the established range between the 4 Hour High generated at 8:00 on 12/7/2016 and the 4 Hour Low generated at 4:00 on 12/7/2016. We await new signals ...

Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

Yes, my time zone is UTC-5:00.

Ollio's Gold - Supply and Demand

Correct, despite the High signal on the 4 hour timeframe, the market remains long on the 8 hour timeframe.

Ollio's Gold - Supply and Demand

Notice on both charts in Posts #1,294 & 1,296 above how the market has breached (i.e. closed above the Short level @1175.94) the High signal generated by the FIA at 00:00 on 12/6/2016. The market has technically invalidated this particular High ...

Ollio's Gold - Supply and Demand

Using the 4 hour timeframe above, we had the same Long entry above 1170.78 with a Stop Loss @1170.17 (or slightly lower). However this time, we chose to wait for a new High signal on the 4 Hour to exit and take our profit on our long trade entry. On ...

Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

Using the 4 hour timeframe above, we had a Long entry above 1170.78 with a Stop Loss @1170.17 (or slightly lower). Upon entering this trade, you would have set your take profit as follows: (1) take profit #1: on the short entry of the lower High ...

Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

You explain it even better than I! Keep up the good work!

Ollio's Gold - Supply and Demand

To answer the last part of your question with respect to your take profit on your Long trades, look at the 4 Hour chart in Post #1,281 above. The target (take profit) for a Long market entry is always a previous short market entry. In the case of ...

Ollio's Gold - Supply and Demand

That would be correct! That being said, should either one of those conditions be met, we remain in a Long market cycle on this timeframe near the Low signal generated by the FIA at 8:00 on 12/5/2016. In other words, the target for this new Short ...

Ollio's Gold - Supply and Demand

Yes, I will sometime later today ... sorry to keep you waiting ... too many of them to respond to.

Ollio's Gold - Supply and Demand

You are absolutely right. Although the Day timeframe remains in a Short market cycle while below 1183.15 (i.e. Short level) and your entry for a Short trade on this timeframe is @1173.79, you should not attempt a short entry knowing that the lower ...

Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

The 4 Hour timeframe remains in a Long market cycle (see chart above). Also in the chart above, notice how the market confirmed the Long market on the 4 Hour as it bounced off the 1166.56 level on the Low signal generated at 12:00 on 12/5/2016. To ...

Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

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Ollio's Gold - Supply and Demand

I don't know that we'll ever be able to get 50 subscribers on FF ... most probably highly unlikely given the typical audience. The main goal of the audience on FF seems to be becoming good at technical analysis more so than becoming successful as a ...

Ollio's Gold - Supply and Demand