Signals with Moving Averages

Line chart give better overall view:

Just like yesterday with CPI; shot through the roof. No way you can trade numbers and/or news events; the risk just too big; even with signals 100% in place.

Moving Average 34: Gold scalping M15 using a simple bar chart and MA to trail trend.

Good morning guys. Developed also a very simple system last couple of days, but unfortunately it works only with Black/Yellow but I noticed that you can trade some signals with White/Blue just as well:

You trade only glitter lines (indicated by black pointer) with white pointer indicating entry:

H1

M30

Good morning Boss

H1

Made a mistake; black wasn't running above yellow; an absolute necessity. Market also dead. Will come again with another attempt. H4 round the corner.

M30 in better position:



May go down as well, but then signals to get in line first

Watch when it close, look very good. I came too late to the party, need a sharp turn now.

Mornings are out.

Sorry, too many interruptions around me, should have posted this earlier:

Shall see you on Monday again, too many other things keeping me occupied. Cheers.

Hi guys; one important thing to say at this stage; check the strong support level on H4:

But, we should wish for a drop to a superb level on weekly as indicated:

Maybe, it can still touch it today. Will be great.

Good day guys; I've done some research the past week and came to the conclusion we err in detecting the right setup for a possible trade, and its all because we were looking at closing price instead of opening price. Looking at closing price on turns (up or down) seems to be a great signal with hindsight but we (I) were bluffing ourselves as it is actually very contentious. Contentious in the sense that we have no idea which way the market will go after the "signal".

In my analysis of the past week I found that the open price is a way better indicator when seen in combination with BY (black/yellow) . In the examples below you will see why BY is actually the real signal. Read the notations on the chart with attention and you will immediately notice the inseparable connection between Blue (MA close) and BY. Highlighted Aqua is entry line.

H4

More examples looking further back:

To sum up:

1. You either look for a flat blue MA or a double turn in blue MA and 2. you check the last move in black*

*must be next to blue or turning above blue (for up trade) or below blue (for down trade)

See you tomorrow.

Cheers.