Recent content by tablemountain

thanks for posting all this psychology material, i think it is helping me a lot. before I wanted to trade everyday, now I am just setting levels and alerts and keep busy with other things during the day also and then when my levels and alerts go off then I trade, should make me some good profit...

Yesterday saudia arabia announced it had an increase in supply, short term drop in price, spiked down quickly and stopped me out (look at positive, made a few $$ and didn't loose anything). Daily: still looks bullish to me, I need to get back in long 1hr chart: when price did drop it came...

on a longer term time frame I would agree, I think gold is still bearish. This quick retracement back up, could hit 13000 then come right back down, especially if the fundamentals are there which in the longer term I think they are. Look yesterday how it hit 1264, this was a previous price...

Awesome short! I am looking 12700 still, but look at the 1hr chart, seems like an intra day res line, so anything between 12640-700 looks like a good area to short, will see what price action shows me and if i enter will show how i entered on 5 min chart. Notice- yesterday daily had a big wick...

on 16th May at 7.40am GMT went short spot gold at a res level I had, 1234. In hindsight , daily had showed short trend had reversed, and was now bullish so was very silly and risky of me to go short. But I wanted to show how my 5 min entry works, it has worked on this price level for me 3...

Daily- looks bullish to me still, wondering if there will be some resistance at 50.28 I used fib levels on the daily to help with my entry of where to go long I use an out of hours order and the market hit my order and level pretty sweet, see the 5 min chart for entry. Notice candle bar...

Is DAX reversal begun and now we see start of a short trend? My strategy is use 3 daily sessions to get the trend, either up , down or sideways. Daily looks like it has broken the bottom of the sideways trend, breaking support causes follow through of selling? Where to sell? I would say...

I'm short this morning 1234.89 I think I needed to wait for it to go above 1236, potentially test the 50% fib before going short...... I'll hold on for now see how it goes. However I think price action is telling me short/medium term seems to be bullish, maybe longer term is bearish

Daily- showed last 2 sessions, positive, going up, bullish. So I was weary if short trend had reversed, however my strategy is on daily look back at last 3 sessions to establish trend so 2 positive bullish candles were not enough for me to say go long. 1 hour chart: I had a previous level of...

Daily still showed bullish for me, last session (last friday) close up, higher low, thick enough green candle bar 1 hour: showed some support, notice the long wick where it seems buyers came in to push price back up on 10am candle. again this happened on 1pm candle 5 min entry: see chart...

are you saying short to 1214 then if it breaks keep going short? i think your chart has way too many levels, was trying to figure out how you came to all of those sup and res levels. i cant tell from your article if you are bullish or bearish

Daily: showed me gold was still short trend, especially price action at 1234 area, 2 daily sessions showed when it hit that area it went right back down. 1hr chart: I had 1228 has a level for resistance, it broke this and i switched to 5 min chart for entry. 5 min chart: I didnt get my ideal...

I did a long trade late on friday evening. See daily chart: for me, price action was bullish, price closing higher, long thick green candle bars (couple of red candles but overall green, higher positive closes showed me bullish). 1 chart: I had an 'intraday' support line lets say, of 47.91...

interesting, so you are saying that the trend line which has been broken is evidence of price action going short?? short at 47.83?

For me price action is still showing DAX as bullish Daily: if you look at the last 2 arrows, they are at an area where trading go sideways then up, so its like the market is deciding where it wants to go, then it says we'll go up. The 1 hour chart, for me it shows 2 areas (see arrows) where...