GOLD Daily Video, October 16, 2013

[Sive Morten]

Good morning,
we have new short-term setup here, but it could be not quite safe to trade at the eve on 17th:





The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Hey Sive, I lost on Gold yesterday after getting into some confusion on the 4hr time. I just watched the video yesterday again and am still confused a little about the 'Bread & Butter' sell and or Double repo buy there! I will look this up anyway. But..also..i have to say that after watching today's video and looking at your chart showing the 'Bullish engulfing' candle with the 'Bullish Stop Grabber' that i do NOT have this candle on my chart!? Where you have 1 candle at this level....my chart shows '2' 4hourly candles covering the same period!? This does not usually happen on intraday..but i know that your Alpari Daily candles do sometimes have this anomaly!?

 

[MeLasz]

But..also..i have to say that after watching today's video and looking at your chart showing the 'Bullish engulfing' candle with the 'Bullish Stop Grabber' that i do NOT have this candle on my chart!? Where you have 1 candle at this level....my chart shows '2' 4hourly candles covering the same period!? This does not usually happen on intraday..but i know that your Alpari Daily candles do sometimes have this anomaly!?

Hi,
the problem is probably with Your platform (or broker), because I have the same candles as in the video on two different brokers platform.

 

[Sive Morten]

Hey Sive, I lost on Gold yesterday after getting into some confusion on the 4hr time. I just watched the video yesterday again and am still confused a little about the 'Bread & Butter' sell and or Double repo buy there! I will look this up anyway. But..also..i have to say that after watching today's video and looking at your chart showing the 'Bullish engulfing' candle with the 'Bullish Stop Grabber' that i do NOT have this candle on my chart!? Where you have 1 candle at this level....my chart shows '2' 4hourly candles covering the same period!? This does not usually happen on intraday..but i know that your Alpari Daily candles do sometimes have this anomaly!?

Hi Brett,
read the chapter in our Forex Military School dedicated to difference between spot forex and futures