Hello! Things are getting interesting. On daily it is still sell, but on new monthly it is the bottom. Gold is approaching bottom for now, so we need to see the place for best buy in. Doing analysis now.
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No screenshots for now. Market is heading towards 1310. Buy is solid above 1312 only. I place a pending sell at around 1310. Zone from 1310-1312 is a sell zone unless broken. Bottom should be 1300 - 1290. Take care.
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But on monthly view it is trycky now with sell. So this time pending sell at 1310 should be backed up with SL for sure. We have levels outside Current swilr ( middle swing ) that can lead to Buy.
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Sell active. TP 1304. Goodnight
Trade closed: target reached
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Good Morning guys! I hope your TP's are triggered. I just woke up and see that day starts with 2k in profit, while I was sleeping.
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I have a buy limit at around 1303 with test lots. Let's see how it works out.
Reversal Zone on Gold is 1298 - 1303. My first test buy is at 1303
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I still believe it is too early to enter long. Patience is best tool you can have now.
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Test Lot buy, triggered.
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I have a buy opened with just 2 lots here. If it goes lower I add more at 0% base. This is just a test buy. After clear break above 1312, I add the real buy in the game.
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The one thing I feel is this will not be the bottom yet. I just think so, the behaviour is not promising for buy yet. Expect a spike down a real one before it really reverses! Trade with care!!
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It can now wait for buyers to load up, do a big spike down to clean them out and then finally reverse.
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If levels marked with red broken, we may hit approx area marked with green. I still believe Gold approached the approx bottom. prnt.sc/ccwlxd
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People who follow this, please be interactive as well, say me more about your progress. Did you took the short today? Did you took the buy now?
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Stage 1 safe zone is above 1312. Stage 2 safe zone is above 1316. Full bull zone is above 1317.
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One of the best and profitable days already. I hope you enjoy this! Take profits if you feel you want to. Don't be greedy!
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Price was not able to break thru 1312 therefore not filing buy signal. Furthermore pivots located above! If we get over them. We are not only in safe zone, but it will create a buy setup for tomorrow! prnt.sc/ccxkax
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If we get over AFT pivots I switch from Test lots to full lots on this buy! Still holding just 2 lots open.
If you have Buy still open, you may close it here. We have hard time infront of these pivots, it may not be broken today. You can re-enter later. This is it for today! I hope you got some buck from it!
Sorry, tomorrow no interactive trading since I will be focusing on this event, it can end up being a lot better thing than Interactive trading. Cheers.
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Decided to share, This is how every month should start! It is September first, and septembers first profit for today. prnt.sc/cd0h4b
Let me know in the comment section below about your progress, it doesn't matter you have small acount or big account, progress is progress. Thank you!
Thank you too, for being with me in these trades!!
BTChold
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Thank you very much for taking the time to explain your thought process throughout the trade. I'm not always certain that I'm seeing what I should be and you're able to remove any doubt which makes it a great learning experience. Thank you!
TheZabisyu
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Hey man. Thank you a lot ( no 2 lots :D ) for support.
Thats why I created Interactive trading.
Remember, there can be a bad one!! Be ready for anything, and use this to compare with your setup!!
GoldHunter
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you are amazing bro !!! a gold miner :)
TheZabisyu
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:D Thanks
Fib_Predictor
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Mosh, your trading style is really impressive and I have a lot of things to learn from you. On the other hand I'm asking for one more thing: Could you please give us a few more details? Like when you say "if we get over AFT pivots..." a lot of people don't know those pivots. Putting them on your chart or simply writing them down would help a lot to understand and embrace the strategy, and the active trade. Consider this as a friendly advise and request. Cheers.
TheZabisyu
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AFT refers to Absolute Fibonacci Theory.
And you can see pivots here where I updated Pivot H, Pivot and Pivot L.
prnt.sc/ccxkax