Signals with Moving Averages

M30 is already in glitter mode and may come with skip as well at close of Hr.

Didn't happen, let's try H1:

Still looks good but I'm sort of fed up. Wish I could put this on auto pilot.

Support on M30 is taken out.

H4 looks good.

Black still pointing down sharply

Guys, I'm leaving, a happy new year to you all.

You are tired of posting nonsense the whole day... Happy new year to you too

You're right in your assessment, messed up yesterday; told you things not to do and then I'm guilty of the same.

I'm returning to a simple strategy with white and green that works fine. Very simple, a child can do it. See next post for an overview.

You trade the second bend in white going in the same direction as first bend. Blue is exceptional - white an green turn at exactly the same spot.

Let's take a closer look at the "two bend" system. Keep in mind the bends refer to the movements white is making (white is EMA1close, which is the line graph)
See first example below on H4. (we will touch on the importance of green separately which is a key factor)


So what is important about white's movements?

White starts from the low (closing price) of a RED candle and push upward to the closing price of a BLUE candle. Entry line is where white moves from second bend further up. Oh! very nice and easy, but where is the exact point of entry??? Now the real work starts. We switch to H1 and what do we see? . . . chaos!!

The first of the two examples look somewhat okay but not what it should be, the second example is way out. So what do we need to look for?



Answer: we're looking for an exact setup as displayed by H4 in the first place i.e. a double bend in white going upward. So?
We switch to M30 and what do we find?

First Example


Not perfect but better

Second example


Quite good but not perfect

Let's take it a step further (m15) and see what turns up:

1st example:


M15 at the same entry point as M30.

2nd example:


M15 match entry point of m30

We can proceed to M5:

1st example:


As you can see m5 entry same as m15 and m30. Note the double bends already done on m5 before reaching entry point.

2nd example:


Entry point for m5 same as that for m15 and m30; just need to shift one position to find blue candle.


So what conclusion did we come to? Can we just go from H4 to M5? Oh no, when the run on lower TFs had gone too far with double bends already in place way down, its time to wait for a new setup starting with H4.

Nothing prevents you from doing the same with H1 and probably M30 as well. the choice is entirely yours.

Put a lot of work into this. Don't know if it will be regarded as nonsense once more. It's your prerogative. With all the other systems covered in this thread a lot of anticipation is required. Not the case with double bend.

I still need to cover the role of green in the double bend system, but I guess I will put it on ice until it becomes clear how much interest there is in DB.

Until a next time. Cheers.

Good morning; just to show the gap left with opening, ignore the rest.

A dear FF friend of mine (mosiskv) once said that M30 is the best TF to trade. That's true as Bob, I can confirm it.

Gold is plateauing and will start turning south I guess. The gap may be filled fast; usually don't stay open for long with gold.

Strong turn upward

I've learned my lesson with trading higher from an existing high, even if it delivers thousands of pips.

Am waiting for a glitter line on M30 going down; until then cheers for now.