GMAE traders.
kourtney, just use a 3MA of std.dev or 3MA of bollinger bandwidth and write an alarm on crossover. MT4 is completely programmable, take advantage of it. If you can't code let me know I will write it for you.
Well, looks like I missed absolutely nothing overnight, we are pretty much exactly where we were 10 hours ago.
Obviously gold is holding us up where other currencies are failing. We go up when the USD falls but just range when USD goes up without velocity. Last night equities took the lead but a selloff of energy stocks into the floor close saw the indices finish red. Newmont Mining took a -1.8% hit overnight, which could bode badly for gold.
My entry and stops remain same as yesterday, might start buying some Euros today in small lots.
kourtney, just use a 3MA of std.dev or 3MA of bollinger bandwidth and write an alarm on crossover. MT4 is completely programmable, take advantage of it. If you can't code let me know I will write it for you.
Well, looks like I missed absolutely nothing overnight, we are pretty much exactly where we were 10 hours ago.
Obviously gold is holding us up where other currencies are failing. We go up when the USD falls but just range when USD goes up without velocity. Last night equities took the lead but a selloff of energy stocks into the floor close saw the indices finish red. Newmont Mining took a -1.8% hit overnight, which could bode badly for gold.
My entry and stops remain same as yesterday, might start buying some Euros today in small lots.