Mini crash could have been known beforehand

[maxinger]

Nowadays newbies like to teach and preach.

They don't want to learn.

 

[easymon1]

Nowadays newbies like to teach and preach.

They don't want to learn.

So teach...

 

[stochastix]

View attachment 283461

0.50 fib perfectly on target..end of story

Jesus christ you are a fucking idiot hang yourself

 

[wastelands]

So teach...

ok lets start with MCG

I will pull the trigger monday

pls advise

 

[Jzwu2017]

What’s the expected probability? Projected R/R ratio?

 

[wastelands]

What’s the expected probability? Projected R/R ratio?

Stop Loss 1892 ish , if the count is correct the next move up is either c or 3rd wave which should be fast and the price should be around 1945-50

so the risk reward would be 1 to 10

 

[easymon1]

I wish you well. Goldie can be a mean bitch, lol.
I like to see a sign of strength and a setup/trigger, but I like a pullback and you got your 50% retracement going for you.
Fwiw GC opens Sunday night at 6. You gonna open then or is it part of your plan to wait till Monday? Break a leg, that aint no gimme. https://elitetrader.com/et/threads/which-way-a-gold-timing-exercise.362637/page-29#post-5588030

 

[Aisone]

Jesus christ you are a fucking idiot hang yourself

What is this, myspace?

 

[stochastix]

What is this, myspace?

Sorry i forgot I'm not here to save fools from themselves

 

[SunTrader]

Stop Loss 1892 ish , if the count is correct the next move up is either c or 3rd wave which should be fast and the price should be around 1945-50

so the risk reward would be 1 to 10

Looks good to me. Might drop a little more before possible reversal to upside. I like 5-34-5 Oscillator (on bottom) to go negative first although there are exception to that requirement.

If it does I believe it will be a wave c of ABC correction of larger timeframe move.

Note my chart is a 60minute. Also 38.2% retracement of down move that completed lower wave a (up) was dead on @ 1921.36 (0.06 diff).