TheZabisyu

GOLD / Never ask a starfish for directions.

Corto
TheZabisyu Actualizado   
FX:XAUUSD   Oro al contado/Dólar estadounidense
One of those days, when I don't get a clear picture. So I'll just be a Starfish today and Sell Gold at marked areas on the chart!

Today First move is not important.

If proven otherwise by breaking upwards just wait for pullback close the sell at BE and GO long as it will have the tendency to continue the direction of the breakout.
But General Sentiment is Sell.
I will add more to the updates if needed.

The thing about the SL is that you can put it ABOVE 1325.5 BUT since these pivots are dynamic there is 80% pull back.
That being said, how does it feel if the level is broken it goes to your SL hit's it and then does the pull back to your entry area where you could just close it at BE with no loss.

The SL is for the rest 20% in this case. lol

Not much to add here now!

Booyah!

Remember to trash this idea by commenting hate down below and hit the unfollow button, help me get to 0 followers by the end of this month!
Much Love.
Operación activa:
1323.58
Comentarios:
We just need to break 1322.8 downwards 1$
1322.8 - 1$ 1321.8. Then it is little bit safer :)
Comentarios:
Guys, I don't understand why there still are questions?
Do you sell?

I wrote in Description I will sell Gold at levels on the chart - 3 upper lines!
And I updated - Trade Active: entry 1323.5
Comentarios:
Now here if it doesn't break 1321.4 down a possible move back up to 1323.8 again.
Comentarios:
I don't like something here how recalculation turned out!
One important Pivot floated up to 1328.
And the second one at 22 and is not broken! Swing L!

What I am doing here is executing Buy position!
Why?
Just to get more cash lol!
Comentarios:
So I have Sell open at 1323.58 and now I have buy Opened at 1322.01
WITH SL 1320.00

Since I don't like the new level displacement I am just trying to be positioned!
Simple hedge position.
Comentarios:
SO if market moves down I just get out from Buy and continue Sell, but if it cannot break these levels and is willing to travel up to recalculated 1328 I close sell and continue Long!
Nothing big to lose on such decision, just trying to be positioned and reading the levels!
Comentarios:
Buy closed. Continuing the sell rider. 21.4 broken.
:)
Good night.
SL at BE
Comentarios:
GM guys!
Sell trade hit Break Even.

Break of 1324.5 today is very important thing for bull and I think it should be very healthy.
You know what to do on this pull back.
I won't be online till Monday, so play safe safe!
Comentarios:
The recalculation I mentioned was correct, only mistake I did was - recalculate at 00:30 ( half hour ) If I would wait just 30 minutes more and then recalculate I would see some more levels and save myself a spare buck.
Human factor I would say!

But remember the break of 1324.5 today is unique. We can go and first close the gap up there.
Booyah!
Operación activa:
3 Longs active @
1323.3
1322.1
1320.6

I have said it a million times if D pivots are broken Gold has a tendency to continue the way the D was broken, especially D3 at 1323.1
I stress that!
Don't get freaked out.
Comentarios:
Guys, The ship is too big! I mean I have a lot of followers, and I just don't know each and any of you! It's like a captain saying hey we have a problem, don't freak out - to the crowd, but you never know who will freak out and get emotional.
I feel the Gold when it comes to intraday trading. Because I have one of the most powerful intraday trading systems out there, that's built on experience and tons of years of research. I suck big time when it comes to -mid-long term trading, but intraday is different. I came to TV and gained my most popularity with intraday Gold trading. Good old Transitions that just stopped working because of market behavior change, etc. It is all pure math since the market is built on a Psychological factor - math is pure Psychology.
But Gold is hard to trade. There are two things that come with Gold trading!
First and foremost is Human Factor ( mistakes ), you just cannot live without them! Trading is 99% mental Job! Traders analysis and performance depends on how he feels. If he has some problems in life, if he is tired, or not focused there is 100% chance for a mistake! Great example today the 00:30 recalculation that led me to buy with SL 1320.
And the second one - GOLD itself! It will always surprise! It doesn't matter how great your system is, there will always be spikes and surprises! Gold is a monster, one hell of a monster!
That's why foremost you have to feel it.
Just look at today with the first sell we had.
#####
The thing about the SL is that you can put it ABOVE 1325.5 BUT since these pivots are dynamic there is 80% pull back.
That being said, how does it feel if the level is broken it goes to your SL hit's it and then does the pull back to your entry area where you could just close it at BE with no loss.
#####
And look at the chart! It WOULD hit the SL and pull back! It's based on the feel of the market, and behavior, not taken from thin air! Yes, there still could be that 20 %.

Last Buy ONCE D IS BROKEN IT HAS A TENDENCY TO CONTINUE THE PATH. Even with Gorgeous USA news Gold still, Tends to Go up! Again it's all from experience, tons of years of research and feel of the market, not from Thin Air.
I am sorry if your SL is hit, but I did not mention one in last Long Call, all I said is Don't freak out!
One more thing my intraday system is good with is it is dynamic and in most cases it lets you have a risk free trades that you can have a break even on if calculated properly. Meaning that in most cases executing a trade I will be able to protect it with BE since the market will let me do it! And protecting a trade after a small move your preferred way with BE is nothing criminal and is only good.
We can argue a lot about how I manage my trading, and some may think he is lying he didn't have order there, order here, SL there, SL here etc.
That is the reason why Zabisyu 2-100k platform is being opened where you receive Investor Login, and then you decide whether you copy 1-1 exactly what I do or not. And there will be 100000% fewer questions about whether I traded the idea like I write in updates or not all I will have to do is just review the trade logic behind trades taken.
This is just a trading idea, how you manage it is another question.
My absolute DD on this long was 8$ ( move ) it's absolutely nothing!
And again why would I execute 3 trades in a row if there wouldn't be a tendency for Gold to go up once D3 was broken.
Comentarios:
And like stated today break of 1324.5 was unique and opened the door for the bull!
I am really busy with some stuff right now so I cannot update as much as I did before but I will at least manage to post an idea for tomorrow, I hope I'll find a minute for that.
Trade Safe.
Now need to break 1328 up then 1334 comes.
Comentarios:
Gold has finally tested all pivots and should not move down!
breakout looms!
Let's see
Comentarios:
Funny that in morning I had 1861 followers now I have 1864 although nobody followed during the day. wtf.
I'm asking for a favour to unfollow me but u keep following! Damn guys :(
Comentarios:
Did we break out Carl? lol
Comentarios:
And at the end of the day, it all turns out more profit than it would if we look at the main idea!
If you notice in the last idea and in this one it goes against the green arrows!
Green arrows show my sentiment!
But the power of dynamics and recalculations help you avoid general sentiment ( if it changes ) lets you be flexible and make a better decision!

The recalculation was absolutely right just 30 minutes too early! I would not put SL on the first buy then!
Sell Hit Break Even after going down to 1319 then come back.
Now 3 longs in very great profit!
At the end of the day...
Moves within the dynamic pivots speak about the daily trend, the tricky part is to read it right!
Congrats to those who did not freak out - The Tendency to continue the path is there again.
Comentarios:
We need to touch 1325 I guess Carl?
Comentarios:
It will be an amazing buy setup if we don't touch 25 until close and then do the first move down to it on new session open.
Comentarios:
Okay, 25 do I think we need to close around somewhere here, then on new session first tag 25 again and then we can bully.
The first move will decide tomorrows actions!
Waiting for close
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