GOLD / The Long Road in Dunes / DestinationHi. Spent long time analysing the gold. I strongly believe in my calculations that gold is done dropping for now.
It came to see both my temporary target 1193, and permanent volume target 1180.
This was the bear pancake, now bring the Jam.
By frequency calculations gold has to fall like under 1170 and spend there at least 3 days to say that bulls are not comming. I just don't see signs that invalidate my next Temporary target 1383 and Permanent Volume Target 1430.
As well I don't want to fall in love in this idea, all I believe is gold is to met 1383 and that should be completelly done in December, so I believe that to all those people that have bad long positions, gold should manage to bring peace and love in your mind / heart for X-Mass and everything should be back to normal!
If you buy here even with small risk like 1 lot for example and if target is met it can bring you 18ish thousand bucks. Just 1 lot.
As well people ask how I would manage the hedge sell positions and what would I do here.
If I would be you, of course I buy here, just because I believe in my calculations, and when gold goes up I would close each and every sell step by step at BE while my long position minus is lowering and my bottom buy is bringing money. But it depends on how helthy your equity and margin level is.
Guys, with this buy, we really need patience here, this time for real, because this can be boring. And remember that gold is a monster, it can easy do reach unseen targets and levels.
I have done my buys here and won't add any new positions at the moment. And will update this idea if I spot something new, or a good place to add to longs.
Sorry in advance if I am wrong, at least I tried!
TPP
Xauusdwave
GOLD / Targets.Wanted to make this clear with big picture.
As you know I told you gold is to reach 1383 at least.
But can fall to 1193 ( not obligated )
If gold falls I will buy at 1194.00 , 1186.00 and 1181.00.
If gold does not fall, I will buy from 1235.00.
For a target 1383.00 > 1393.00 > 1430.00.
I don't see gold going lower than 1180.00 because the target 1383 is not seen.
And as well I told you about 1250.00.. if you try to short from there, I hope gold give you some profit or at least Break Even, but chances are that you will donate some money to your broker by shorting there.
I won't repeat this idea / targets again. Click play later some day!.
Good Luck.
GOLD / Time, Patience, Mindset.As in life the same in forex , sometimes we create a problem . And we always think that problem needs to be solved with our interaction, but in 99% of cases because of emotions we make the problem more complicated thus creating even bigger problems .
Sometimes just a pure time / patience can solve the problem without our interaction. All we have to do is think forward. Once you start to panic and let emotions to ride with you, you are done especially in forex .
Patience is not the ability to wait.
Patience is to be calm no matter what happens, constantly take action to turn it to positive growth opportunities,
and have faith to believe that it will all work out in the end while you are waiting .
I got the wrong entry. What do I do now. Should I close it? But if I close it can reverse. Okay I close the trade in loss. Oh now it reversed, I re-enter again. It goes up again, and there it goes.. the crazy emotion train.. off the rails.
Why I make this idea.. because last trade is a great example of how just a patience can pay off.
Yes sometimes you make mistakes .. but if you can think off a plan B and if you believe in what you have created ( method / system ) then sometimes just give it a time , is all what it needs.
I got both haters / wise guys aka Holly Grail's, and people in panic.
Holly Grail's too early to be happy about my bad trade entry / situation, and panic people too early to be in panic .
And now you see how a problem got solved with just a patience / time .
That being said.. it's all about mindset and patience !
I closed my short trade in plus and will re-enter higher!
Booya.!
GOLD / Bifurcation theoryWelcome to the new week of trading.
I plan to sell around 1210ish and finally get my 1193 if situation doesn't change.
And 1193ish is where I start to look for em bottom buys.
Bifurcation theory I recently apply on trading so after some tests we'll see what's up!
I will update as always.
Cheers.
GOLD / ProjectionNot sure if that can happen Monday, but this is approx what I would like to see ( daily ).
I want spike down, and close above 1202, if higher, that is even better.
As I get sell setup from 1210.
Maybe spike lower till base 100 ( 1186 ).
Can Monday do it not sure, but as you know things happen when they are less expected.
This is just a projection of How I would like things to form on chart.
I will prepare long orders on Monday.
GOLD / Happy weekend.Hello!
I hope you had a great week, although not a lot of action happened, but still I am happy as gold is approaching the bottom and soon the route to 1383 will be started.
People ask me some questions and there are 2 main questions that I will answer.
First about my project 1 to 100, where I try to build 100k from 1k deposit. People ask me how I can participate in that. You will be able to do that from aside by just looking at the performance and trades. I have no idea will that project will succeed or no, but at least I will try.
And if I hit the target what I will do with that money?
All profit will be donated to St. Judes hospital, if I hit the target 100k.
Will I be able to see the trades?
Yes you will be able, but if you think about copying them then you do it on your own risk.
Second question is about private group.
Actually there is nothing so Private in that group, I just made it for my followers where we can talk. It is located here in TV, and works a s Gold chat / discussion. Simple as that.
And last but not least, listen less what media or news say to you. Gold target is 1383, and I will be happy to start buying soon, and hopefully finally buy for real, but gold is ruthless sometimes, you know!
If we hit 1193 then we target 1383.
If we hit 1180 then we target 1430.
I hope to start the project at this bottom as it is a good trade to set and forget, and there will be 3 main levels for adding to buys. Last two weeks of this months will be very interesting is what I can tell you!
Have a great weekend, and be ready for next week as we catch the reversal!
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!