XAUUSD swingtrading + EURUSD and AUDUSD daytrading

fakey forming in teh 30M in gold, will get long at the close of the bar.

 

silly of me

i should have guessed that

i should look out for those too...

 

long gold 1946.07

 

the chart is very choopy.

I think gold is in the severe coma / deep sleep stage.
When gold is sleeping, don't try to disturb it.

 

When London opens it will soon wake up

 

the Londoners wouldn't dare to touch the sleeping gold.

 

I will add more long in gold when the 30M ib breaks to the upside

 

i am no expert but gold is in a strong up trend in 30M....it is recently in a slumber taking rest...

yes it is just a matter of time before it starts moving again....

however it does not like company and you will get big shakeouts before and once it moves ....

knowing the direction of gold is not a problem....but management of the position is and a big one

gold and all markets in a trend do fool traders into thinking the trend is over by giving all trend reversal signals.......

it is about to resume its trend...."but catch me if you can" is what gold is saying to the traders

 

in how much time.......20 min?

 

I use a MTF approach to manage my trades London is alllready open since 20 minutes.