::my Random Ramble::

[desifxtrader]

Im Bullish and long on GU

Gold is OS on HTF ...
That way, on my TTF, I'm bullish and Long on Gold ...

you might be correct, depending on your analysis ... it's all relative

 

[howardroark]

you might be correct, depending on your analysis ... it's all relative

Please do not mistake me or my intention/s ...
Being pro traders, our main objective should be to remove words like Subjectivity, Relativity, Individuality from our trading dictionary ...
This is the problem I have with EW and EW kinda analysis ...
Ask 10 different EW specialists ... Each one will have his own definition on which wave the market presently at and why and how he disagrees with other 9 EW specialists ...
I cn't n won't rely on such a trading method with my money and trading ...
On the other hand, when we say LH/LL ... HL/HH, New structure Low/High, 100/100 traders have to and will agree. There cn't be any doubt / Subjectivity / Relativity / Individuality about it. It is a different thing what and/or how different traders will act/ react with this info. But, none can disagree with LH/LL ... HL/HH etc ...
As far as GU is concerned, plz observe these 2 charts with my observations ...

Again as i said plz do not mistake me or my intention ...
I'm just trying to share what I hv learnt ...

 

[desifxtrader]

Gold 1H

XAU\US$

which hits first the floor or ceiling ??

 

[desifxtrader]

Again as i said plz do not mistake me or my intention ...
I'm just trying to share what I hv learnt ...

None taken
...
...

 

[howardroark]

The Ceiling is blown through ...

 

[desifxtrader]

Eur\aud

EUR\AUD 1H

 

[desifxtrader]

US$\Yen 1H

 

[desifxtrader]

£\us$

awaiting for further shorting opportunity ...

 

[desifxtrader]

let's wait n watch if the new ceiling holds\breaks ?? ...

...

The Ceiling is blown through ...

yes, that's the nature of markets.

 

[howardroark]

As there is no news to support USD (after -ve NFP no's) till friday retail sales etc ... I'm luking at next KPL ... 1189/1191