thanks for the reply
Looking for L > Break High Break Low Indicator 1 reply
Break out and fake out 0 replies
Dislikedsorry i have another question In your manual where you explained how go about the trading you made mention of EMA 20,50,and 100 all on daily .But in one of your post you made mention of EMA 20,100 and 200 .i am just curious which can we followor they the same thing.Ignored
Disliked{quote} After problems with my MT4 platform i had to set up my charts again and did so with 20, 100, 200 set-up to the daily using the multi timeframe MA. however there is no harm also using the 50 as these are used as floating SR and nothing else. Your charts are very confusing. try to just have a fakey line on and a breaky line on. Rememebr your looking for clear daily highs/peaks and lows/dips now lets take a look at the NU. Yes trend is down overall but recently started consolidating {image} {image} smartearn this is how i would have traded...Ignored
DislikedOne more time i'll put my CURRENT fake or break line here (so time consuming). These are often good for a few days until price creates new ones. .....BREAK...FAKE GJ 186.10.. 184.07 AJ 102.82.. 100.05 EA 1.4522.. 1.4677 GU 5590..... 5788 EU 2360..... 2505 UJ 118.94... 117.25 EJ 47.37.... 45.58 EG 7895.... 8022 NU 7764.... 7967 UC .7764... .1215 AN .1023... .0916 AU 8481.... 8583 put these on your charts. look at the daily to see why they are there, then to the 4hr to see how i've fine tuned them. Remember to pay attention to RN and MA's near these...Ignored
Dislikedwell the big news this weekend has been the NO vote in the swiss referendum. No big surprise but what will we likely see? Probably short term selling in gold, however news like this is often short lived and i expect a slow price recovery to happen soon after it's then i'll be looking for buys. We may see the EChf rally a bit. The swiss have a 'buy at all costs' on this pair at 1.20 (which we are very near). I have a buy pending waiting. I also have a buy G/chf and a sell Chf/Jpy (pendings) to catch any relief selling on Chf But who knows, maybe...Ignored