Weekend post (13 charts)

By | 2015-09-20T12:46:06+00:00 September 20th, 2015|Uncategorized|9 Comments

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  1. Blake September 20, 2015 at 1:39 pm


    Why do you not expect gold to move all the way to the upper blue band? I think 1142 was the top hit on Friday which corresponds to this second upper blue band that gold is currently hitting. Thanks.

    • bouraq September 20, 2015 at 1:54 pm

      I think that resistance will hold before the rally reaches the blue top band. The FOMC meeting caused the recent rally and that needs to be cleared and faded before any sustainable rally imo.

      • Blake September 20, 2015 at 2:37 pm


        If it does indeed move lower from here, then my analysis would target a move that would be in the vicinity of 1050, which is currently where your bottom blue band comes in.

  2. Investeo September 21, 2015 at 8:40 am

    Congrats on the new website!

    My 2 cents: MEMBERS LOGIN does not disappear after you log in. It would also be cool to see entries and exits in ‘past trades’ section. You could use simple horizontal/vertical lines or up/down triangles. Keep up the good work!

    • Burak September 21, 2015 at 9:17 am

      Thanks a lot. There are still many tweaks I need to do but thankfully the launch day went without major issues. Thanks for your ideas on the past trades. I will implement that. Keep in touch.

  3. Daxgsm September 21, 2015 at 10:13 am

    Hi, first of all congratulations for the website.

    I am trading mostly from my phone and to have horizontal simple lines would ve very usefull (just an ideea).

    All the best!

    • Burak September 21, 2015 at 10:26 am

      Thanks a lot. What do you mean by ‘horizontal simple lines’?

      • Daxgsm September 23, 2015 at 10:47 pm

        Sorry for late reply, i am talking about the default horizontal lines from the chart (i guess you have disabled yours). When i’m in front of the computer i”m drawing the channels after yours but when i am on the phone is difficult to see where the price hit’s the channels.


        • Burak September 23, 2015 at 11:00 pm

          That’s a bit tricky I’m afraid. I have many lines on a chart and if I add the grid lines the charts become unreadable. I prefer keeping the clutter away to have a clear view. Hope you understand.

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