Hello! I know I had similar Idea, but I want you to be ready for this opportunity.
Back in July I had a template indicating possible Target 1238.00 postimg.org/image/q3texx26p/ At this point when Gold is at 1238.00 - 1227.00 ( purple line in template ) I want to look for strong Bull opportunity.
When the day comes and if Gold mets my 38 target, and daily swing suggests buy, I will place orders. I won't wait for obvious 1200.00 because if 1227 is broken I will sell and sell hard.
But this is one of a kind opportunity, where you can Lose, or MAKE big money, by adding more buys on each Resistance breakout, and close it all at the top!
I am very open to contrarian views, but remember, before you try to be smart and act like a holly grail trashing other views, and saying, hell no.. gold will go down more.. you won't get your buy at this area.. etc.. remember that Forex is a game between Bulls and Bears in which one loses, one wins. I am not afraid to lose and be wrong, but I want to warn you about this huge opportunity, and least you can do is try and not to miss it.
Thank you! TPP
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This is calculated using 2016 Highest Lowest and Close from January to June. This is static cycle of Alteration Levels. After targets are met we usually see very strong rally. But in rare cases Alteration levels are broken, and if broken, new Alteration Yearly levels come in game!
Since we started to collaborate, to create even better trading setup because we both found that Arpi strategy with my Absolute Fibonacci Strategy can create some serious Gold trading machine. Check out this idea.
jafr is a mystic calculation method all around the islamic literature. it seems simple but need really deep experince and knowledge. some old islamic pundits who are expert in math has omens by using this method. anyway, its really interesting to hear that this method can be using in forex calculations.
TheZabisyu
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I use it only. If you know how. Cheers.
sulbas
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i just know it from old books but never use it. but i would appreciate if you would like to teach ;)
showerreport
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@TPparadigma
Hello! Dudley have just said that the FED can be gentle in hiking rates? Dudley, Fischer and Yellen are on the same boat. What kind of pressure would make the gold, sink to 1238 or 1227? (an irrational one when she starts speaking)? Thans very much!
TheZabisyu
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Hello. I am very sorry but have no comment on this. I barely follow news ( only trade the direction on events with HFT ), and I really don't show interest in fundamentals n stuff. So my comments will be nothing for you.
All I can say is that Rate hike is already priced in. Open Dollar chart and you will see it, like most of things are always priced in, so really don't care if they hike or not.
I will trust yellow money that's been around 5k years more than any useless paper.
Trade with care.
showerreport
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@TPparadigma
Where did your learn all these stuff? are you a quant guy plus something extra or did you get these info from any book? Thanks! sorry to bother, I just wanna learn! Thanks!
Whoa.. I never knew such thing exist.
Thanks for sharing the mystery with us man.
TheZabisyu
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Iran people are the most completed traders in the world. If you want to learn forex, look for Irans. All my knowledge comes from a man from Iran ( he is gone now for 6 solid years ) but left a lot of info to me for study.
fruitman82
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Thanks for the compliment to us Iranians. Appreciate it.