Good morning! My name is Vexatious $VIX the Algo. Welcome to my new $VIX algorithmic modeling charting trade report for Compound Trading.
Volatility Charting Observations:
Specific to the last model…. we are not updating it because the $VIX is not functioning within a model. With the allegations and probes in progress (that have surfaced over the last 48 hours) we are simply using conventional charting for now (see below). The next update will include a revised model.
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. Feb 13 933PM $TVIX $UVXY $XIV #volatility
Per previous;
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility https://www.tradingview.com/chart/VIX/hk3sz7iL-VIX-over-upper-bollinger-band-creates-excellent-short-side-risk/
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility
$VIX Weekly Chart
$VIX weekly I see Stoch RSI too high, divergent spike (too early) & next spike mid late July $XIV $TVIX $UVXY $SVXY $VXX You can’t hide anomalies. Everything has a nature. Every model I’ve run (and this is just simple symmetry) says the $VIX was F’D with. But I’ll watch for now.
$VIX weekly I see a Stoch RSI too high, divergent spike (too early) and next spike mid to late July $XIV $TVIX $UVXY
$VIX weekly I see a Stoch RSI too high, divergent spike (too early) and next spike mid to late July $XIV $TVIX $UVXY
Per previous;
$VIX Weekly chart. And so it is… from last report “VIX looking like a near bottom lift w MACD trend up and Stoch RSI up’. #volatitily #chart https://www.tradingview.com/chart/VIX/9sQyBtFP-VIX-Weekly-chart-And-so-it-is-from-last-report-VIX-lookin/
$VIX Weekly chart. And so it is… from last report – VIX looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatitily #chart
$VIX Weekly chart looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatility #chart
$VIX Weekly chart looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatitily #chart
Good luck with your trades and look forward to seeing you in the room!
US Dollar Algorithmic Model Chart Update Tuesday January 2, 2018 $DXY ($UUP) Chart and Algorithm Observations
My name is $DXY the US Dollar algorithm charting model. Welcome to my report for Compound Trading.
I am an early development model – one of seven in development at Compound Trading. This work is very early stage generation 1 work. Generation 2 – 5 is scheduled for early 2018 and will eventually be coded to a digital dashboard for our traders to use as an intelligent assistant.
Chart is to be used in conjunction with conventional charting as trader assisted signals. The signals in the model (at this point) are simple that each line on the model chart are considered a support and resistance test.
$DXY US Dollar Algorithm Charting Model $UUP
$DXY US Dollar Simple 1 Min model has been testing well. Buy sell triggers at gray and green horizontals. $UUP
Rosie the Gold Algorithm Model Charting Update Sunday November 19, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
Gold Trade Buy / Sell Short Term Swing Triggers
For short term trading the following are support and resistance areas for trade that can be used as buy / sell triggers.
1260.10
1270.33
1280.53
1290.80
1293.83
1300.96
1311.07
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Nov 20, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Rosie Gold Algorithm Chart Model – Current trade live chart. Nov 20 512 AM #Gold $GLD $GC_F $XAUUSD
Rosie Gold Algorithm Chart Model – Current trade. Nov 20 512 AM #Gold $GLD $GC_F $XAUUSD
Down channel scenario. Rosie Gold Algorithm Chart Model. Nov 20 358 AM #Gold $GLD $GC_F $XAUUSD
Rosie Gold Algorithm Chart Model – Downtrend channel scenario. Nov 20 515 AM #Gold $GLD $GC_F $XAUUSD
Rosie Gold Algorithm Chart Model – Up Channel Scenario Nov 20 358 AM #Gold $GLD $GC_F $XAUUSD
Rosie Gold Algorithm Chart Model – Up trend channel scenario. Nov 20 515 AM #Gold $GLD $GC_F $XAUUSD
Conventional Charting Considerations:
Gold trade with MACD turning up and price over moving averages..
Gold Chart $XAUUSD $GLD $GC_F #GOLD
Gold chart daily price over 200 MA and others with MACD turned up and trending. $XAUUSD $GLD $GC_F $NUGT $DUST https://www.tradingview.com/chart/GOLD/etPMAuEF-Gold-chart-daily-price-over-200-MA-and-others-with-MACD-turned-u/
Gold chart daily price over 200 MA and others with MACD turned up and trending. $XAUUSD $GLD $GC_F $NUGT $DUST
Gold chart with most plausible price scenarios to July 14 2018. MACD turned up maintains 200 MA. $XAUUSD $GLD $GC_F $NUGT $DUST
Gold chart with most plausible price scenarios to July 14 2018. MACD turned up maintains 200 MA. $XAUUSD $GLD $GC_F $NUGT $DUST
Gold algorithm dialed in tight now and keeps hitting targets. Hit Sunday Nov 19 18:00 target perfect to the second and cent. @ROSIEtheAlgo #Gold $XAUUSD $GC_F $GLD $NUGT $DUST #Algorithm
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date sometime late 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this report there is no note-able change in the charting below.
Live $GDX charting:
Nov 20 – GDX trade has not changed substantially since the last update so I won’t update that this week, however, here is a conventional $GDX chart for consideration.
$GDX Gold Miner chart on daily indecisive with price under 200 MA and MACD turned up. $NUGT $DUST $JDST $JNUG
$GDX Gold Miner fibs and quadrants. 605 AM Oct 16 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
Rosie the Gold Algorithm Model Charting Update Sunday November 12, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Nov 12, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Rosie Gold Algorithm Chart Model – Current trade live chart. Nov 12 358 AM #Gold $GLD $GC_F $XAUUSD
MACD on Gold -0.22% daily chart was an excellent buy sell trigger until just recently.
Check out the chart… the MACD has been for a long time an excellent buy and sell trigger. It has returned an excellent ROI -1.52% .
Price discovery in Gold -0.22% has all but disappearedin the last year and now the MACD turns up and then what’s new is it turned right back down at the bottom of the range.
That is as we call it in technical land… totally divergent and a very bad sign.
Gold -0.22% is still above 200 MA but I wouldn’t want to be bullish and all in here. It could bounce but I wouldn’t bet the farm folks. Go easy long here. Run the test on the 200 ma with caution long.
$XAUUSD $GLD $GC_F #GOLD
Last time Gold did this- near never! See notes on Trading View chart. XAUUSD GLD GC_F
Gold Miner $GDX:
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date sometime late 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this report there is no note-able change in the charting below.
Live $GDX charting:
Nov 12 – GDX trade has not changed substantially since the last update so I won’t update that this week, however, here is a conventional $GDX chart for consideration.
$GDX Gold Miner fibs and quadrants. 605 AM Oct 16 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
Rosie the Gold Algorithm Model Charting Update Sunday October 29, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Oct 29, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Rosie Gold Algorithm Chart Model – Current trade. Oct 29 1137 PM
MACD on Gold -0.22% daily chart was an excellent buy sell trigger until just recently.
Check out the chart… the MACD has been for a long time an excellent buy and sell trigger. It has returned an excellent ROI -1.52% .
Price discover in Gold -0.22% has all but disappeared on the last year and now the MACD turns up and then what’s new is it turned right back down at the bottom of the range.
That is as we call it in technical land… totally divergent and a very bad sign.
Gold -0.22% is still above 200 MA but I wouldn’t want to be bullish and all in here. It could bounce but I wouldn’t bet the farm folks. Go easy long here. Run the test on the 200 ma with caution long.
$XAUUSD $GLD $GC_F #GOLD
Last time Gold did this- near never! See notes on Trading View chart. XAUUSD GLD GC_F
Gold Miner $GDX:
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date sometime late 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this report there is no note-able change in the charting below.
Live $GDX charting:
$GDX Gold Miner fibs and quadrants. 1145 PM Nov 29 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
$GDX Gold Miner fibs and quadrants. 605 AM Oct 16 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
Rosie the Gold Algorithm Model Charting Update Monday October 16, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
There is a 30 min generation model in the works for the Gold component of the charting for tighter time-frame intra-day trade (it is however difficult to frame in a predictable model – but we are trying and will advise).
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
The Miner charting below also has lower time-frames in development and further indicators for all time frames.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Oct 16, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Gold MACD remains to be buy sell trigger. Gold also still has 200 MA $XAUUSD $GLD $GC_F #GOLD
Gold Miner $GDX:
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date sometime late 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this report there is no note-able change in the charting below.
Live $GDX charting:
$GDX Gold Miner fibs and quadrants. 605 AM Oct 16 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
$GDX Gold Miner fibs and quadrants. 605 AM Oct 16 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
Rosie the Gold Algorithm Model Charting Update Sunday October 8, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
There is a 30 min generation model in the works for the Gold component of the charting for tighter time-frame intra-day trade (it is however difficult to frame in a predictable model – but we are trying and will advise).
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
The Miner charting below also has lower time-frames in development and further indicators for all time frames.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Oct 8, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Gold MACD remains to be buy sell trigger. $XAUUSD $GLD $GC_F #GOLD.png
Gold Miner $GDX:
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date is sometime in Oct 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this report there is no note-able change in the charting below.
$GDX Gold Miner fibs and quadrants. 1034 PM Oct 8 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
Rosie the Gold Algorithm Model Charting Update Monday Sept 11, 2017 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Miners Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
There is a 30 min generation model in the works for the Gold component of the charting for tighter time-frame intra-day trade (it is however difficult to frame in a predictable model – but we are trying and will advise).
The charting below for Gold now has prospective channel support and resistance (orange arrows), considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel decision areas noted with purple arrows.
The Miner charting below also has lower time-frames in development and further indicators for all time frames.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link:
Live chart link below for Sept 11, 2017.
Click on share button bottom right (beside flag) and then click on “Make it Mine”.
The Gold miner charting is in very early development but we do expect considerable improvement over coming weeks and not months. Our target date is sometime in Sept 2017. For now the quadrants have produced some indication for trading and the fibs have been useful.
For this Sept 11 report there is no note-able change in the charting below other than recent highs are being tested.
Live $GDX charting:
$GDX Gold Miner fibs and quads – near previous highs. 1225 AM Sept 11 $GDX $GDXJ $NUGT $DUST $JNUG $JDST
$GDX Gold Miner fibs and quads – near previous highs. 1225 AM Sept 11 $GDX $GDXJ $NUGT $DUST $JNUG $JDST.png
Recent / Historical Reporting for Perspective:
Let’s Review.
The chart below was used to guide our traders through symmetrical trade extensions (white arrows) assisted by Fibonacci levels (various horizontal), previous conventional support and resistance points of reference (purple) and algorithmic model quadrants support and resistance (blue) and algorithm calculated support and resistance key points (yellow). The chart also includes some notes. This charting called the low months in advance and the recent high months in advance. It was integral to our traders success.
So in summary, our first generation Gold algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Algorithmic prediction of wide time frame lows and highs (proprietary algorithmic calculations).
Algorithmic modeled quadrant support and resistance (blue horizontal lines)
Algorithmic calculated support and resistance based on historical trade (yellow horizontal lines).
Current day. Gold chart notes with symmetry (white arrows), quadrants (blue), important support and resistance (yellow) #Gold $GLD $GC_F $XAUUSD
The Second Generation Chart Modeling Uses a More Advanced Algorithmic Quadrant Model (based on Fibonacci) and Weighed Against Historical Trade.
You will notice on the chart below diamond shaped patterns. Theses represent lower time-frames than the blue support and resistance lines above represent for wider time-frame quadrants. The way trade reacts to the tighter time-frames is critical and takes some understanding and experience. Our traders will be publishing videos on the subject for our members going forward. Please note, if you are familiar with how oil trades between the same type of quadrants on EPIC’s charting… this is identical. The bottom line… all lines are support and resistance decisions and the time-cycles are when each quadrant area expires. The quadrants are available on all time-frames but the represented time-frames below are most widely used.
The chart below adds;
1: 60 min time cycle quadrants represented in orange diagonal dotted lines. These are critical to trade and you will find they will act as significant support and resistance decisions.
Also, 2: along with them are the horizontal grey lines – they, as with EPIC charting become significant support and resistance.
If you consider the seven indicators above plus the two below there are then nine indicators of support and resistance decisions that each will act as support and resistance in their own manner. This is where time, experience and training come in. Our lead trader will (as noted above) provide regular webinars / videos on the subject.
Although many inflections of trade occur within each quadrant, one of the main to consider is that price regularly moves toward the quadrant apex, inverse apex and either side apex. Also of importance is that trade often becomes more volatile when leaving / entering a quadrant and also as trade nears the middle (widest range) part of a quadrant.
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Rosie the Gold Algorithm Chart Model with 60 Min Quadrants (orange dotted) July 9 1105 PM #Gold $GLD $GC_F $XAUUSD
Our plan going forward is to provide low frame quadrant charting for our traders. We first want to provide training for the charting to date and give our traders a few weeks with this development. Expect regular training webinars to be announced over the coming days.
Also of note, we have a model for $GDX we will add to this report in the coming weeks.
For now, the obvious trade considering the quadrant above is for price to chase the lower inverse apex on the chart terminating July 18, 2017 at approximately 1184.00 on the chart (your attention should be given to the 1071.00 approximate figure below in the conventional charting). This is not however absolute. The regular reporting will keep you up to date with our bias considering model trade.
Your short term overhead resistance is 1220.29 (grey horizontal) and your support is 1204.79 (blue horizontal fib) and then of course the quadrant wall (diagonal orange dotted).
Wider range there is significant resistance at 1228.14 (blue) and significant support at 1185.58 (yellow). These are areas our traders take advantage of trade support and resistance (blue and yellow horizontal support and resistance). You will find these two indicators to provide your best ROI because of predictability. The quadrants add a dynamic that otherwise would not be there, but the wider time frame critical support and resistance are where a trader can size in considerably.
Below are some conventional Gold and $GDX charting considerations also for consideration and should be given weight to your trade.
