COMEX GOLD for March 2-18 (2015)

Discussion in 'Commodity Futures' started by ALEXGOLD, Mar 1, 2015.

  1. ALEXGOLD

    ALEXGOLD

    Be patient - wait for the 4th of March, see if the price is at its low, probably best consider second additional point to open long position in GOLD on the 5th of March, at the end of the day...

    comex_gold_2-18mar2015_1d.png

    Major uptrend is on the 10th of March and you may wish to close the trade on the 13th of March or use appropriate stop.

    The pattern for March, 16.
    Could open higher and slide considerably with price low on the next day. The 18th will resemble the pattern of the 16th day.

    Made with best possible precision, so use at you own risk or just as additional view on gold.
     
  2. Oh man, isn't trading beautiful ?
    So many viewpoint, approaches and charts ;););)

    Can you let us know how profitable this method is, and, mostly over how many months ?
     
  3. ALEXGOLD

    ALEXGOLD

    This method is 18 years old and I am still working on it. It is quite accurate, however you should trade only some reliable parts of the pattern for greater profit. Usually there is only 1-2 trades on a monthly chart or the same on smaller intervals (1 hour). If you use it for stocks, you can pinpoint trades with more potential on a three day period.

    I attached some examples. Also there are more than 1000 scenarios made so far.
     
  4. Cmoss

    Cmoss

    Ok i'll bite, this will be fun to see if your "spiderweb" is legit :)
     
  5. ALEXGOLD

    ALEXGOLD

    look for the timing as it is more accurate than prices, especially in gold
     
  6. Cmoss

    Cmoss

    a few days in, not awful
     
  7. ALEXGOLD

    ALEXGOLD

    I have 2 time frames to watch. The first is in 2 hours from now, the second in 8.
     
  8. ALEXGOLD

    ALEXGOLD

    the trades
     
  9. Cmoss

    Cmoss

    Alright Alex, any revisions based off the collapse on Friday?