GU:
Entered short, EP= 1.6200.
Entered short, EP= 1.6200.
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DislikedTAH, just saw that upcoming Monday 5-Sep is both USD and CAD Bank Holiday, you might want to close more whatever you have before the long weekend.
Long weekend means anything can happen, both upwards and downwards, like a trap.
Arhh, this could mean no overnight trade for me tonight then.Ignored
DislikedYes, Daily prices been down for last 3 days, so MACD on Daily expected to have crossed down already.
As prices on daily been more in range last week and more, MACD on Daily seem more bunch up, less detail on Daily MACD.
So what is your point here about the daily MACD ??
MACD on all different timeframes will show different calculations.
I just pointing out on a shorter timeframe such as M30, as we are short-term traders, to see a possible early signal for a change later on.
It may happen or it may not happen.
Just giving you a different view.
Thot...Ignored
DislikedAlso, if the AU stages a rally from say the 1.069x level, it would, if I am not mistaken, set up a Hans-style fib ABC as price will have returned to the prior BO level. Of course, I am not Hans, so I do not mean to speak for him. However, I always like to see the opposite side of my trade.Ignored
DislikedActually, I should not be talking about what the MACD is doing, Daily chart or otherwise. Neither of signs of divergence/convergence. This stuff is not of Sonic R. I need to focus on PA waves and SR, and learn to get a feel for market action that way.Ignored
DislikedI hope it goes well as I am short the AU also. I also entered the futures short on the break of yesterday's low with a SL at yesterday's high. I'm playing for a significant retracement of the rally off the July low, and possibly a retest of or break of that low.Ignored
DislikedTAH, what do you think about Long G/U now ?
If price close above 1.6212 within this M15 bar, I may be tempted to go Long, but got long weekend to consider as well.
Last week I over-traded, and this week I under-traded.
Feel like a last trade for the week maybe.
Edit: Last M15 bar closed around 1.6203. No entry. Time for bed.Ignored
DislikedHi sonicers:
Here my sonicr classic today....
we'll see where it goes.
Regards.Ignored
DislikedAll closed...no more momentum and it's late friday sesion.
The sesion is over and i'm daytrader...so i don't let trades opens for the next day usually.
Regards,
Nando.Ignored
DislikedEJ:
I have manually closed the first trade on this.
EP1= 110.38, minus close= 109.31, minus spread, equals net profit of 103 pips.
The second, higher EP= 109.83 is still active. I could be wrong, but I sense a pullback coming. I am not sure, so I am leaving half running. If the pullback comes, I might re-enter the first half.Ignored