{quote} Looking at that analysis again, I think the GU bulls have capitulated earlier than expected. Closing back below 1225 zone and will probably retest it on Monday {image}
Ignored
yes total agree , propably this pair can move up trend by monday
I want to share My EA Codes , this ideas scale compounding lots automatically , you can modify by your idea and use indicator custom . it was perfect algotrade that i made for everybody. {file}
{quote} maybe it will finish the week off near 1.40, which would be great for bulls there is still a risk for it to close under 1.38 today though {image}
Ignored
while usdcad going up trend was waiting everytime for reverse down side , i believe that the trend ll continue up till the end of this month
While all the asset classes are falling yet the pace of Gold 9.68% is slower than others vs 24% S&P as commercials are long in Gold {image} {image} {image} {image}
{quote} I traded Dax ok this morning but I would like to show a chart of Cable which I have been experimenting with. Had I followed my channel break out without considering SB approaches then I would have been whipped about. Examples: "A" and "B" would be failed shorts. "C" would be okay. Rectangles are where I think SB double tops/bottoms/pins might have been an alternative addition to the channels. Normally, channel trading, a failed high AND a failed short would enable me to draw in a rectangle to keep me out of whipping trades but no such opportunity...
Any outlooks for Gold and USD/CAD when US equities open? I think USD will rally. I also don't think Canada data will be good, in fact I think it will be red and drag CAD down. What about you guys? Thanks.
well the higher time frame keep you trading less ; say you trade daily chart then i think you could take 1 trade per week ; this is my personal review of course
Frankly, only moving average based strategy isn’t enough here! In real market, moving average always shows the data so lately, so it’s confusing during the live market!
Ignored
yes it's not enough but you can added volume to check clearly
{image}
Time for a break before the validation phase. Cheers, Muttley