Xauusdwave
GOLD / Dynamic / Back in Downside Risk Zone.Well, gold is always ruthless.
It closed under 1225 bringing 1193 back on table, I will hedge my long orders right on opening in red box and close them only if we get above 1234, once we get above that route to 1383 has started.
My trading involves dynamic levels where old Resistances / supports are not reused for next day, so don't ask me why my plan change. I am not changing it, market does it.
Downside risk become active again with 1193 on table with this close below 1225, so to be 100% sure I will close sell hedge only above 1234.
GOLD / Dynamic HintHello.
By requests I saved myself some free time and can publish this small insight of how I analyse market by new dynamic level theory, what means you put SL on the trade you take right where trend is to change.
This looks like matrix and I cannot tell all 5 year work in just one Idea as it takes big time to understand.
But I will try to show you the vision of how I analyse market and why I get target 1193 - 1180
Don't pay attention to level names MDCIP etc etc.. that's for me.
Of course this process for me is automated as machine / software calculates this all levels for me, but this is how it looks if you do it manually.
So we start from Yearly Dynamic level MDCIP. And once it is broken you take trend angle tool and draw it from broken place up to last high. Then from last High you draw the same back to last low.
MDCIP Constant degree number is 118.28 ( 28 is always added because 28 is constant gold number and represent the source of formula )
So H degree and L degree cannot be greater than this number, if this is greater then behaviour in market will change and new MDCIP level is created, if we count -111 + 88 you see that the number is not greater than 118.28 so therefore we know that MDCIP is still a constant level.
Once we done that we take closest Alteration level which by formulas and calculated leves is 2017 / 02 / 02. MMPD that represent two numbers 66 / 57. We know that MMPD is 1239.97.
So this is a new dynamic source level and we take the same tool from that date and price and draw to last High affiliated with MDCIP.
The number we get is 136. So we need to take 136 divide it by 66 which is 2.06 then we add 28 to it which is 30.06
Now we take 30.06 and divide it by 118.28 which is 2.29 and we add 0.57 to it which is 2.86.
Now we know that related PV level ( Constant Permanent Volume level ) is 1180 so we + that to 2.86 which is .
1182.26 and this time add 0.28 to it not 28 which is 1182.54.
PV level 1180 represents MPI ( Monthly Permanent inclination ) and two related pivots to it is 0.66 and 0.78.
So we take degree tool from 1180 but draw it to the last low after close and we get number 162.
( we use the same date 2017 / 02 / 02.
So we take 162 divide it by 28 which is 5.78. we count off from this number MPI 0.66 which is 5.12 and then divide this by MPI 0.78 which is 4.93
Add 4.93 to 1182.54 is 1187.47 add 0.28 to it which is 1187.75.
Then last operation to take is Count MMPD pivots and MPI pivots together so 0.66 + 0.57 + 0.66 + 0.78 is 2.67
So 1187.75 + 2.67 is 1190.42 + 0.28 = 1190.70.
By unwriten rule you always + / - 3$ on gold so this is 1193
This is enough as anyway it is a matrix for you.. but this is what my analysis are going thru!
It involves a lot more calculation to get all these pivots and numbers and levels, but I showd you just 0.00000001% of what is going on in this calculation world.
Like I said all levels are calculated by custom created machine as it would be nightmare to do it manually, but this is what machine is calculating on daily bases every day to project long term, mid term and daily targets.
Software consists of 790k lines of instruction code.
This is to answer just a little bit why 1193 is what I target.. and that could be reached, but there are a lot of rules and invalidation levels.. so we need to check when it is time to buy as we can do so without waiting 1193.
Cheers guys, appreciate your support!
TPP
GOLD / Pre-determined / The Theory.Hello, traders.
Some of you remember that I said before US Election that by Predestination Theory and JAFR time analysis I calculated that Trump should be President, and he become a president.
All I want to tell you is that by the same calculations, and predestination Theory, where Gold is a CONSTANT commodity ( Gold is predestination and other formula INDICATION ) if we don't see 1180 Permanent Volume target that means there will be a rate hike in December. If Gold see this PV target now before it goes up, then Rate hike should not occur this year but next year, if so New Permanent Volume Target will be 1120$.
So Gold is an Indication for that. To be honest I prefer 1180 to be seen first, but we will see that Sunday as I will be monitoring Sunday Price and will gold reach one vital level before opening or stay where it closed.
I have a feeling Gold will go up to Temporary upper target without touching lower targets, but like I said we will find that out during Sunday.
TPP
GOLD / Hold your Longs, your account is safe.Hello traders.
This Drop is a pain for a lot of people but I can assure you it will end up in the money, if you are hedging, it will be okay.
I don't get sell signals at the moment, but I warn you about possible downward movement to 1190-1180.
Gold is to be back to 1380, and even if it drops to the box lower, it will be back to see upper levels.
You will be okay.
I don't know why you bought up there again, I posted in one of my ideas the Confirmed bull teritory level which failed to break, and this is where you add longs. Why? Never mind, hold tight, it will end up in the money, but be ready for one more leg down.
We will check on smaller time frames to spot when the reversal comes. I said I won't be here since I have things to do, but I will manage my time to keep you updated, because some people are in serious problems!
Remember, never ever close your hedge sell down there in the green box.. You have to save your account not, make profit, I will post the right strategy how you should operate in this situation, but if you close it down there and you have buy exposed without hedge and you think oh well if it goes lower I hedge again, you have to stop investing and question your mindset.!
TPP
GOLD / The mistery 1265 / Temporary Bottom?If you are my follower u know that 1265 was what I called, but it became a mistery as I still research Transitions and timing.
There are fast transitions, and the ones that represent long cycles.
Market finally came down to see the 1265.
I call this a temporary bottom for gold, and will go short only if 1262 broken giving new transition targets.
I said in my idea that bull is not fully released and if this wants to go up to some new fresh highs, it has to see 1265.
I am long from 1263, if Gold bulls want to drive gold up, you have chance now.
I still see the upper Permanent volume target to come first.
GOLD / Permanent Volume Targets.Hello, Traders.
This is pre-election idea, because I want you to know that there are two targets that must be seen this year.
There is a target 1400 and 1180. Both these levels should be met during these last 2 months.
I have a feeling we will first see 1400 before we go to lower target, if so, I will sell from around that area, and keep it as a mid term trade.
If 1180 seen first I will look for buying!
As well I want to let you know that I will be moving away from day trading, I am to tired of this.
I have discovered new levels and formulas and I will move to mid - long term trading.
Daily trading is worsening my trading performance latelly, because I have some personal stuff going on, and if you cannot be at the charts for whole day.. this is it.. you lost the track.
So I will open trades and let them run for longer term based on new advanced calculations, as I move away from old ones.
So this is the first long term trade idea, and I will monitor this as it goes.
If elections drive some impact and this goes up I will look where to add the buy ( at keylevel )
Take care guys!
And remember these two targets.
GOLD / 500oz swing / Money fall from the sky.Hello!
We should be seeing money falling from the sky.. all we have to do is get in at the right moment.
If price falls to 1300 - 1295ish area I will go for a buy I guess.
If price goes up first ( luckily ) to 1309, I will deff use it as short entry, because 76.4 is a strong one, and bounce is expected, so we move SL to BE.
Let's see where the Gold leads us! Wait for open!
GOLD / The Top or to new Highs.Hello guys!
We have two levels to short from. I know there is some that say it will push thru, if that happens that's fine, if that is not happening, then at least we are in.
1309 is a zone where price should bounce of for sure, and even if it comes back to break it, we can move Stop to BE and take it risk free. If 1309 breaks 1321 is the real key level. The tough one!
I will be shorting from 1309 because this level dominates a lot in my setup, and is a block area from transitions too!
Although we could take a buy on opening, I will pass that this time.
I'll keep you updated!
GOLD / 500oz swing / Daily plan vs Chasing Trades.Hello guys!
This is kinda more like a project that I wanted to start earlier, but will do it just now.
When I started to post gold ideas I named them 500oz swing.. I do it now too and that was the idea behind actual swing trading.
The thing is that I am bad at projecting long term targets nor I like to hold trades longer than one day.
What I wanted was to make a daily profit target and close the chart. Everything more than that is Greed.
So what I would like to do is give swing trades on Gold with the profit target, every day one trade!
My daly goal at starting point is to make 2k profit each day. Once I made the 2k, I close the chart and go out for the rest of the day! Second day again the same.
Then at some point set higher target let's say 3k as account grows.
You can set your profit target for these trades.
This will make us more disciplined, and fade out the greed.
Let's say I have trade running.. It is already 2k in profit, but hell no, I won't close it.. maybe it goes more, and I get more! This is Greed.
So I set the plan, and try to make the plan, once I make it, I go out in fresh air!
Let's see how it works out.
We will work only with transitions and wave 6 and wave 5, and add other confirmations to it.
I have my daily plan.. hope you set your's too!
Regards!
TPP.
GOLD / Strong Transition Signal.Hello guys!
Although you saw my last charts about me being bearish, just because of that 1265.. I cannot resist and tell you that transition displacement is favouring long position. So maybe we test that 1291 and break it.
I will open Long from 1284 but keep sell open just in case.
Be safe!
GOLD / Unfinished business.Hello guys!
Two scenarious either market goes and reaches our unseen transition 1265.00.
Either is blocked by transitions at 1274 goes up, breaks transition breakout and goes higher.
The thing that sometimes worry me is that you cannot notice the quick tests.
I mean I doubt it did test 1265 on Friday because it just smashed it upwards in no time. But you always need tick charts ( second graph ) to see that in situations when it is not clear. But I still think market will go down to touch the transition.
Let's see how this works out!
GOLD / Set to Shine by Technicals / Perseus, watch this!Hello guys!
This will be a long description, but I need to make this.
I can be wrong, and it is only fine, at least I am trying, but my thoughts are that this is it!
Gold did it's business down there, and now it want's to go up!
First of all take a look at this guys!
In this idea I told you that gold has to break 1274.00 100% line by 10$ to break it!
Look at Highest level Friday!
1284. Why not higher or lower? Well because it just had to make sure it breaks that 1274 and opens new phase upside. 10$ right away.
After breaking these 100% lines there is a bounce downwards but small one. I am expecting the bounce down to 1265.00, you know why:
Transition should be reached!
As well I contacted a guy from Iran who studies JAFR trading and knows a lot more than me. He said that on Gold you always how to count - / + 5$ from targets, so that being said knowing the lowest 1241 we can say 1238$ is reached, but I always want everything to be pip in a pip! But JAFR suggests that target is seen.
As well I made this idea while ago suggesting you to Join the Gold Cartel.
And last but not least Transition behaviour this las week was all seting up for upwards movement.
Remember my last Idea with name Market Makers Dream Dump n Run.
I had this feeling starting from Monday that Transitions ar setting up for upward movement and deleting all downside targets. And then Thursday evening when seeing these levels I got a feeling that Friday will be a Dump ( You saw the quick and powerfull dump to 1261 ) n Run day. And it did happen.
Gold made sure that its business down there is done and it wants to go up.
And last thing I want to point out to a guy Persesus here.
He commented:
However, I'm looking forward to your analysis on the day of the interest rate decision when gold either sells off or gets bought up like crazy. Excited to see how you spin that one as a purely technical event!
Good Luck!
All I can say Perseus boy, watch this now. I don't know what will be NFP numbers. I don't know what will be Interest Rate Decision, I don't know who will be the President of United States of America, but all I can say that Technicals point out upward movement on Gold now, so watch all these Fundamentals filling technical direction later!
All I can say Guys, I think I will do my first buying soon starting from 1265 area and hold that and add more as gold goes up!
I can be wrong, I can be very very wrong, but I am saying what I am seeing, and if I am wrong, well, I just move on!
All I can do is risk Reasonably!
TPP
Blame Gold for what it did!Hello guys!
During Friday trading session you remember that we smashed 1265 upwards and did not test it afterwards!
I even named Idea " Market makers Dream Dump n Run. Because that was the scenario of today that I was feeling to happen based on transition behaviour.
But gold played a trick at this point, it came down, and it was so close to touch 1265.. but it turned around at 1266.
It was very exciting move yes, but it would be better if 1265 would be seen, then we wouldn't have any business down here anymore and Gold could finally make a move higher!
But even the big mad buyer can't beat transitions, since if you go against them you get REKT. :(
Let's see 1265 and be done with this already!
If you want to go long on Monday, your account balance can be shorted, I am very sorry to say that. I wanted the bull run myself.
TPP.
GOLD / How it is - risk free? / Afterglow!Hello!
Wonderfull RISK FREE sell can be opened right at Sub Transition.
Why it is risk free? Well you know my trading, if transition is broken upwards, it will come back to test it, so if our sell goes wrong, we can close it later at BE ( 0 loss )
Sell setup is a lot stronger than buy setup!
Bulls need to break that 1269 sub transition to get back up!
We have a great setup where - Heading towards daily ( level from market trend pointer ) is right at Sub transition!
Creating nice blocking setup to go short!
Although MHI ( market heading indicator ) is 1$ lower at 1268, and it may be that gold goes down from that level as it aligns with main transition, but I will be patient and wait for 69 to enter, and I hope I wont regret it.
TPP
P.S - This trade will be TP open with SL on BE as it goes down ( if goes )
GOLD / Flyday part2 ? / Bears feed bulls?Hello guys!
At this point it got very tricky!
Today I will trade only on Transitions.
The way how levels are dislocated is suggesting more a buy setup than sell.
I think we will come back to 1269 ( buy transition ) and maybe we will look for buying there and continue Flyday!
Depends on what Transitions will tell!
Let's see how it develops!
I am in Short position from 1275.