Since July, a Trading Box appeared: 1306$ - 1375$.
Within that Box, we can see the next shortterm Box which reaches from 1330$ to 1356$
Interesting are the edges from each Box.
Trading ideas Blue Box:
1. The Anticyclical Risk Lover would BUY the bottom of this Box with a SL, near below this edge @ 1.300$. Box TP1 would be the upper edge
On the other side, the Risk Lover could sell the upper edge @ 1.375$ (SL near above that Level) TP=Box`s Bottom
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge)
Trading Ideas Mangenta Box:
1. The Anticyclical Risk Lover would BUY the bottom of this Box with a SL, near below this edge @ 1.330$. TP1 would be the upper Boxedge mangenta, and TP2= upper BoxEdge Blue. On the other side, the Risk Lover could sell the upper edge @ 1.356$ (SL near above that Level) TP1=Mangenta Box`s Bottom/ TP2 Blue Box`s Bottom
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge) TPs are the edges of the blue Box
COMMENTS ARE WELCOME -AGREE OR DISAGREE
Main View:
XAU reached important Action Point!
We can see a midterm uptrend since 30.05.2016. The upmove temporarily stopped with a Double Top @ 1.375$ - a consolidation started.
Today we are trading near the supportlevel @ 1.310$. Here is based the midterm uptrend-line, the min . correction Level - the fibo 38,2 retracement, the neckline of the possible H&S and the EMA 200 in this timeframe. All together are apivot support-Cluster.
1. Trading below that Level will break the midterm-uptrend - a shortsignal appears. The TPs of the H&S are 1.274$/ 1.248$.
2. Will the trend be bought, that would be a bullish Signal. Here you could exspect the next buying-wave up to 1345$/137$5.
3. Trading above the former Top @ 1.375$ will cause a midterm-longsignal --> TP 1.430$
This is just my persoonal view -please trade your own view.
Within that Box, we can see the next shortterm Box which reaches from 1330$ to 1356$
Interesting are the edges from each Box.
Trading ideas Blue Box:
1. The Anticyclical Risk Lover would BUY the bottom of this Box with a SL, near below this edge @ 1.300$. Box TP1 would be the upper edge
On the other side, the Risk Lover could sell the upper edge @ 1.375$ (SL near above that Level) TP=Box`s Bottom
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge)
Trading Ideas Mangenta Box:
1. The Anticyclical Risk Lover would BUY the bottom of this Box with a SL, near below this edge @ 1.330$. TP1 would be the upper Boxedge mangenta, and TP2= upper BoxEdge Blue. On the other side, the Risk Lover could sell the upper edge @ 1.356$ (SL near above that Level) TP1=Mangenta Box`s Bottom/ TP2 Blue Box`s Bottom
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge) TPs are the edges of the blue Box
COMMENTS ARE WELCOME -AGREE OR DISAGREE
Main View:
XAU reached important Action Point!
We can see a midterm uptrend since 30.05.2016. The upmove temporarily stopped with a Double Top @ 1.375$ - a consolidation started.
Today we are trading near the supportlevel @ 1.310$. Here is based the midterm uptrend-line, the min . correction Level - the fibo 38,2 retracement, the neckline of the possible H&S and the EMA 200 in this timeframe. All together are apivot support-Cluster.
1. Trading below that Level will break the midterm-uptrend - a shortsignal appears. The TPs of the H&S are 1.274$/ 1.248$.
2. Will the trend be bought, that would be a bullish Signal. Here you could exspect the next buying-wave up to 1345$/137$5.
3. Trading above the former Top @ 1.375$ will cause a midterm-longsignal --> TP 1.430$
This is just my persoonal view -please trade your own view.
Ghi chú
XAU left the mangenta box - RSI signs an oversold situation in this TF Ghi chú
And kissed thebottom of the edge of the downtrendGhi chú
7$ Ghi chú
Ghi chú
scalpers should take (also part of the popsition) profit or trail the stop!!Ghi chú
Ghi chú
Ghi chú
bearish wedge seems to be traiggered - but isn`t it a buying canlde? (False Breakout?) Ghi chú
Reached next Action Point Ghi chú
If xau will break through this Action Point, than it is time to adjust the sl again: Ghi chú
Yihaaaaaaaaaaaaaaaaaaa Ghi chú
Ghi chú
Sl Adjustment Ghi chú
The next Wedge? Ghi chú
XAU reentered mangenta Trading Box! Ghi chú
reached again the action point... now it is getting interesting..restart ! Ghi chú
Nice Straddle Ghi chú
XAU decided to take the way down....shortposition filled and actually 11$ in win- not so bad Ghi chú
Ghi chú
SL adjustment Ghi chú
illustrated fictive sl triggered .... Ghi chú
Ghi chú
we are now trading near an action point @ 1315 Ghi chú
we did break through this action point....further short mode... Ghi chú
dipped deep down to the in my main view illustrated support level Ghi chú
tp fully reached. The mangenta box -bo reached till the blue box bottom edge. Now we have reached an action Point again Ghi chú
overview: Ghi chú
reached blue box!!!! Đóng lệnh: đạt mục tiêu
We played the in my main view illustrated variante no. 2 mangenta box: (Trading Ideas Mangenta Box: 1. [...]
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge) TPs are the edges of the blue Box - TP reached!!!
Now i see the chance to play variante 1 of the Blue Box:
1. The Anticyclical Risk Lover would BUY the bottom of this Box with a SL, near below this edge @ 1.300$. Box TP1 would be the upper edge
On the other side, the Risk Lover could sell the upper edge @ 1.375$ (SL near above that Level) TP=Box`s Bottom
If we soon have to play nr. 2?
2.The cyclical patient Trader would prefer waiting till we break through one of the Box`s edges (Stoppbuy or Stoppsell with a closely SL near the edge)
Ghi chú
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.