daily ranges - high to low or low to high

 DAILY RANGES  GOLD  SILVER  NASDAQ100  DAX  COFFEE  SUGAR  COCOA  
  SINCE AUG 18  12.5  00.25  104  150  02.75  0.35  66.5  

Here are average intraday price moves showing the 'volatility' to expect. Ex.: if it is 2 PM & Gold has already moved USD 14, it is less likely the Gold price would stretch further that day. Be happy to acheive intraday gains equal to an average.

intraday chart and comment

Goldprice before US open

Gold favours shorts..

In the search of consistent trading patterns for the Gold price intraday, there are interesting observation from 14:20 – 15:20 CET (since July to present):

Thursday is the preferred day to go short gold from 14:20 – 15:20 CET. Wednesday is the day to stay Long, but from 14:00 CET, and to close the position at 15:00 CET.

Monday, Tuesday and Friday also favours short positions from 14:20 – 15:20 CET as pointed out below. Here are the distributions of favourable outcomes.

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY
22% 21.8% 10.8% 25.6% 19.9%

 

These intraday patterns seems to be persistant regardless of the entire intraday priceaction from open to close, and regardless of 'longer trends'.GOLD INTRADAY TRADES 14 - 15

Always make sure to keep a relevant stop loss in place to limit losses, always remeber a daily range of an instrument, and always expect the unexpected!  

I N T R A D A Y . S E

IMG_4240

 

quick question 1

You hold positions for?







quick question 2

You mostly trade?




GOLD INTRADAY

SILVER INTRADAY

NASDAQ 100 INTRADAY

DAX INTRADAY

COFFEE ONE YEAR

SUGAR ONE YEAR

COCOA ONE YEAR

GOLD SILVER RATIO

NASDAQ100 COFFEE RATIO

NASDAQ100 SUGAR RATIO