Live Trades

Oct 27, 2013
39,928
3,299
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#39
this is a bit of a short time frame divergence play

Hi Metrader

For now the AU is still bullish above 7245 and 60

If it can drop under both these prices - then the bias will turn to bearish and more sells are on

If we stay above either price - then we still might try over 7290 and 7300

I wish you GL and that we stay under 7290

All the best

F
 

metrader

Well-known member
Apr 7, 2012
1,143
140
73
#41
Hi Forexmospherian

To me it looks as if it's going nowhere - stuck in a range.

Thanks for the wishes, but I can't stay in it any longer. I intended it as short time trade and that divergence should have played long time ago.

So out @ 7269 for +5
 

metrader

Well-known member
Apr 7, 2012
1,143
140
73
#42
Thank you for your live call.

Do you trade the one hour time frame?

Fug.
No problem Fugazsy. You are welcome to post live trades if you feel like it.

I did this trade analysing 15m & 5m (with 2m or 1m for added precision when getting in and out). I was aware of 30m and 1h as well.

Should have closed it earlier as that divergence didn't work - pa has been stuck in a range for some time now
 

Fugazsy

Well-known member
Nov 10, 2014
3,661
677
123
#43
No problem Fugazsy. You are welcome to post live trades if you feel like it.

I did this trade analysing 15m & 5m (with 2m or 1m for added precision when getting in and out). I was aware of 30m and 1h as well.

Should have closed it earlier as that divergence didn't work - pa has been stuck in a range for some time now
I see....this can go to 7238
 

tomorton

Well-known member
Feb 28, 2002
7,051
915
173
62
Exeter
#45
Don't normally do this sort of thing but put in an 80-20 sell order on the Dow. Just for a laugh.

(An 80-20 sell is a daytrade, taken a few points above the previous day's high if that day's range opened in its lowest 20% and closed in its highest 20%. The SB quote is already above yesterday's high so order already in. Acknowledgements to Connors & Raschke in Street Smarts).