Disliked{quote} Pat, if GU decides to make a complex correction as a wave 4 (a)(b)(c) on my chart, as it should be???, then you are spot on with the target @1.2392 {image}Ignored
2250 first to break higher follow GU chf to 1380 area
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Disliked{quote} Pat, if GU decides to make a complex correction as a wave 4 (a)(b)(c) on my chart, as it should be???, then you are spot on with the target @1.2392 {image}Ignored
Dislikedi see FF gold bulls waiting for a breakoput over 2100 LOL... cause of the ground invasion as you can see from my weekly gold chart gold fell during russias war with ukie... i also posted a chart last week how gold fell during the 2006 month long hezbollah war but this time it might be different since hamas supplied by iran or whomever so could be a drawn out "war" like russias ...gold only recovered because of currency intervention last year price might have a kneejerk reaction up for a couple days but should start falling like has everyother time...Ignored
DislikedBy the way, make a template. If you have a global cursor indicator, add that to your template. Apply the template to M15 or M30 and place side-by-side with M1. Now check what is happening with the indicators when you move to those 5AM/5PM EST times. Here is an example wiith my lines. The 2 verticals mark 5PM and 5 AM EST. {image}Ignored
Disliked{quote} sell only below the 250 smoothed h+c+l band with breakout {image} {file} {file}Ignored
Dislikedthe 50/200 ema cloud you can take every cross with 10/20 or 15/30 pips r/r or use it like wave analysis like i did 2 hours ago {image} {image}Ignored
Disliked{quote} FTSE UPDATE --- just for those following. Been a great swing for me and not closing any positions yet... Needed a shitloada patience but not too shabby {image}Ignored
Disliked{quote} Price is trending up, or something. Better take a trade right now!!!Ignored
Dislikedthe monthly chart of the stockmarket looks not promising. it failed to breach the old highs and turbulences on the stockmarket would have impact on the currencies and GU. {image}Ignored
Disliked{quote} 1. TDI is a direct derivative of RSI (as far as I remember) - therefore could easily be replaced by RSI 2. your "black line" is sometimes helpful for identifying bias but at others it really isn't: it can give problematic signals and is always late 3. mostly a MA (depending on your instrument and TF for bias, inputs will, of course, vary) will do a better and more straightforward job, I think {image}Ignored
Disliked{quote} Thanks for the input! My reading suggests that the TDI is a combination of multiple RSI's, MA's and BB. The black line is a MA of the RSI. I appreciate that signals are always late but so far I haven't found a 'better way' to visualize and aid in predicting what will happen. I do check higher timeframes and lower timeframes constantly, maybe too constantly. In any timeframe there is always chop with the market as the algorithms that control trading mess with traders! I am attempting to complement the MA approach with something to help me...Ignored
Disliked{quote} maybe MACD can help in final confirmation of in/out signals. such as setting 12.100.9.Ignored
Disliked{quote} 1. TDI is a direct derivative of RSI (as far as I remember) - therefore could easily be replaced by RSI 2. your "black line" is sometimes helpful for identifying bias but at others it really isn't: it can give problematic signals and is always late 3. mostly a MA (depending on your instrument and TF for bias, inputs will, of course, vary) will do a better and more straightforward job, I think {image}Ignored
Disliked{quote} You gave me an idea. The attached is an RSI (not shown), LWMA MA 3&7 of the RSI, SMA 34 of the RSI. It gives faster indications of the strength, chop and trend. I am not a fan of the 1 min time frames, preferring 5, 10 or 15. {image}Ignored