Gold closed. Stopped out at 620 for 2200 pips (less 90 pip spread).
Prowling the next one....
Prowling the next one....
Slow&Steady Trading 4 replies
slow and steady trading to the millions... 18 replies
Slow and Steady... 17 replies
Quoting MosaicDislikedA question ... would you use whatever tech indicators on the same time frame, or look for MACD/MA crosses etc on shorter time frames ?Ignored
Quoting WTBDislikedSame tech in different time frames. Search the confluences of support/resistance (trendlines, fibs, counter trendlines, whatever) on the longer time frames, see if it holds and you get a rejection. If so, WAIT for the shorter time frame tech indicators to curl around in the direction of the trade (meaning MAs crossing each other, trendlines to start breaking, MACD crosses, etc). And when the shorter time frame indicators point to the direction desired, wait for a pullback to a short time trendline and enter around there.
So the key thing is to wait for both time frames to point to one direction, otherwise you are anticipating a move that has yet to be confirmed.Ignored
Quoting newbieinfxDislikedHi MOSAIC ,
Your display chart is very helpful . Please present more chart for the major
like EUR/USD , USD/CHF , GBP/USD ..
As i knew , you presented only the chart that you traded , but please present
all charts that you analysed w/o trading them .
Thanks so much for your work.Ignored
Quoting soso_betonDislikedNice charts Mosaic!
Don't you think that GBPUSD, USDCHF and EURUSD are too corellated to be traded all together?Ignored