Signals with Moving Averages

H1 dangerous, going down, need to come with signal upwards

M30

Going nowhere, see you at 19h00 for possible H1 trade.

M15 in glitter mode

Guys, it's time to have a serious discussion. I need more time for myself but I'm not sure with what "system" you're really comfortable with and which you can follow all on your own without intervention from my side. What I called systems are not really systems but more PA than anything else.

I have decided to take a day or two off to make a list of what I think are the most reliable signals which you can follow with great success. But unfortunately it will apply only to the white/green system as the black/blue system still requires my input.

I will create names for the different signals to keep the list concise and meaningful.

Would like your comment on this.

Nothing at 21h00, more action at 22h00 usually

H4 still in glitter going down, no bend, could try 1.4580 for a sell, could also be support level

Bulls did the right thing from the 1.16305 area.
Target 1.16870 hit

Can we do it again to target 1.17250?

Buy limit 1.16380 or buy aggressive where we are now.

I need to reject my decision; it will take a lot of time which is unnecessary. As I went through the different TFs, I came to the conclusion that a PA (formation is the word I prefer; PA can mean anything) which I referred to in the past, is very reliable and resulted most of the time in good trades. I called it the double bend/angle/turn.

There are however a few things you need to take into consideration. I will first show a few examples to demonstrate the setup as it plays out on different TFs.

M15

Note how the candle after the second bend (trade candle) went out with a small pullback. Will come back to this remark later on.

Taking a break now, will do the other TFs later.

More M15s as for today. Also note that there are double bends within the trend (marked black) which usually occur in conjunction with dojis:

M30 DBs

Only 3 thus far this day

H1 DBs for today and yesterday

You may ask: why two bends and not only one? A second bend is confirmation that its going to move on and in the right direction.

H4 DBs



The second bend is suppose to come at 17h00

If we had followed the double bend option there would have been money in the bank by now.

What about AUD/USD?

Daily DBs (big money in here)