Gold - XAUUSD - Gold must fall to 1250 by Wednesday's close
XAUUSD - DAILY "TIME AT MODE" TRADING METHODOLOGY
aggressive trade setup:
IF GOLD DOES NOT REACH 1250 BY WEDNESDAY'S CLOSE - BUY AT THE MARKET, USE 1250 STOP LOSS
RISK MAX 1% of Portfolio
The "Time at Mode" suggests that the recent 17-day consolidation set up a 17-day decline which is set to expire on Wednesday. This is an aggressive interpretation of the trend-following methodology that I developed, but I did want to put it out there for you to see. I used this methodology to forecast the high in Tesla earlier this year and it works very well enough of the time to warrant your attention.
Tim 10:24AM Monday, September 8, 2014 1257.87 - 10.94 last
aggressive trade setup:
IF GOLD DOES NOT REACH 1250 BY WEDNESDAY'S CLOSE - BUY AT THE MARKET, USE 1250 STOP LOSS
RISK MAX 1% of Portfolio
The "Time at Mode" suggests that the recent 17-day consolidation set up a 17-day decline which is set to expire on Wednesday. This is an aggressive interpretation of the trend-following methodology that I developed, but I did want to put it out there for you to see. I used this methodology to forecast the high in Tesla earlier this year and it works very well enough of the time to warrant your attention.
Tim 10:24AM Monday, September 8, 2014 1257.87 - 10.94 last
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