{quote} You always welcome.... P.S I'm not in a trade yet waiting for clear break and NU's bonus .... Let's see how it plays out... keep in touch here in Master's thread.... Good luck if you are in a trade!
Journey is more important than destination
Alien's Extraterrestrial Visual Systems
- #9,642
- Feb 12, 2015 10:27am Feb 12, 2015 10:27am
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
watch out gold short may be good option ....
Could you please share your daily GOLD chart please?
I have two different charts with differnt brokers.... I didn't check my other broker before entering.....
one shows ADX has room
One shows time for pull back
Journey is more important than destination
- #9,643
- Feb 12, 2015 10:39am Feb 12, 2015 10:39am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
{quote} Guys, Could you please share your daily GOLD chart please? I have two different charts with differnt brokers.... I didn't check my other broker before entering..... one shows ADX has room One shows time for pull back
Work smarter,not harder
- #9,645
- Feb 12, 2015 4:22pm Feb 12, 2015 4:22pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
EUR/AUD Multi Timeframe Analysis
Monthly TF - BBS and DS developing while RSIOMA around 70 level. 
Weekly TF - Stos all above 50 level,all adx speeds are compressing for the next move,RSIOMA just bounced of his crossover line. 
Daily TF - X cross developing,higher tfs support this setup (targeting last high 1.5830 on monthly tf). 
H4 TF - ADX 42 and 89 are still on (first expansion?),all stos now on 80 level and RSIOMA too. 
H1 TF - DS on this tf,RSIOMA still around 80 level,full power ADX. 
Only long trades.
On my watchlist now.
Happy trading!
Monthly TF - BBS and DS developing while RSIOMA around 70 level.
Weekly TF - Stos all above 50 level,all adx speeds are compressing for the next move,RSIOMA just bounced of his crossover line.
Daily TF - X cross developing,higher tfs support this setup (targeting last high 1.5830 on monthly tf).
H4 TF - ADX 42 and 89 are still on (first expansion?),all stos now on 80 level and RSIOMA too.
H1 TF - DS on this tf,RSIOMA still around 80 level,full power ADX.
Only long trades.
On my watchlist now.
Happy trading!
Work smarter,not harder
{quote} Guys, Could you please share your daily GOLD chart please? I have two different charts with differnt brokers.... I didn't check my other broker before entering..... one shows ADX has room One shows time for pull back
- #9,647
- Feb 12, 2015 4:51pm Feb 12, 2015 4:51pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Yeah mine too.
Forget what i said traderbola pick the 2nd chart.
Forget what i said traderbola pick the 2nd chart.
Work smarter,not harder
- #9,648
- Feb 12, 2015 7:04pm Feb 12, 2015 7:04pm
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} " brokers that i have checked agree with your second chart Trader...ironfx and excell markets....
Yeah mine too. Forget what i said traderbola pick the 2nd chart.
Journey is more important than destination
- #9,649
- Feb 13, 2015 6:16am Feb 13, 2015 6:16am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
{quote} Team work is definitely great stuff! I was thinking that we do analysis of pairs that we usually follow and compare our analysis that way, because we don't see always the same thing. That way we can focus on pairs that could bring us green pips for that week. For example, my leading pairs for this week were: LONG - GA, GC, UJ and SHORT AU, NU. So my focus is mostly on these 5 pairs this week and that is more than enough I think. Some of you guys have had some other pairs and that way we can complement each other.
Per aspera ad astra 
- #9,651
- Feb 13, 2015 8:16am Feb 13, 2015 8:16am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Work smarter,not harder
- #9,654
- Feb 13, 2015 10:22am Feb 13, 2015 10:22am
I will try to do also whatever i can But i am a chef and weekends are my busiest time of the week at work...i ll try to do my best guys!!
I do my analysis on monday mornings before London opens because when market opens on sunday it's late for me and time for sleep
Usually, I start to trade on monday when NY opens.
Have a nice weekend guys!
Cheers
- #9,655
- Edited 2:28pm Feb 13, 2015 11:15am | Edited 2:28pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Well, mates this is my MTF analysis for EUR/USD.
- Monthly I see that RSIOMA is slowly reaching the 20 line; ADX 7 is topping so a retrace is possible; on Stochastics 8,3,3 already bottomed and 21,10,10 crossed down the 20 line but there is still space before all touch the ground;
- Weekly RSIOMA is flat under 20; all Stochastics have already bottomed and all ADX rising but 7 is showing a retrace;
- Daily RSIOMA flat under 20 but DS is raising for a possible DS trade; long run ADX are at the top while 21 is conveying and 7 is zigzagging; on Stochastics to note the 21,10,10 that breached upside the 20 line;
- H 4 shows RSIOMA after BBS is now long and approaching 80; ADX 7 is designing the waves and on Stochastics 21,10,10 is long with 8,3,3 that mimics the waves like in ADX;
- H 1 RSIOMA over 80 showing a possible DS trade; ADX rising and on Stochastics a series of consecutive X Cross trades (next incoming);
- M 15 not so much relevant. Note the 21,10,10 represent the 8,3,3, of H1 TF.
As we know lower TFs drive the higher. A retrace is underway.
Bias is still short but we are now in a corrective wave that can lead to point A of ABC.
If you trade the lower Tf then follow the waves that are clearly designed but if you trade with the trend wait to reach point A and then short the pair till B.
This is my 2 cents. Cheers.
- Monthly I see that RSIOMA is slowly reaching the 20 line; ADX 7 is topping so a retrace is possible; on Stochastics 8,3,3 already bottomed and 21,10,10 crossed down the 20 line but there is still space before all touch the ground;
- Weekly RSIOMA is flat under 20; all Stochastics have already bottomed and all ADX rising but 7 is showing a retrace;
- Daily RSIOMA flat under 20 but DS is raising for a possible DS trade; long run ADX are at the top while 21 is conveying and 7 is zigzagging; on Stochastics to note the 21,10,10 that breached upside the 20 line;
- H 4 shows RSIOMA after BBS is now long and approaching 80; ADX 7 is designing the waves and on Stochastics 21,10,10 is long with 8,3,3 that mimics the waves like in ADX;
- H 1 RSIOMA over 80 showing a possible DS trade; ADX rising and on Stochastics a series of consecutive X Cross trades (next incoming);
- M 15 not so much relevant. Note the 21,10,10 represent the 8,3,3, of H1 TF.
As we know lower TFs drive the higher. A retrace is underway.
Bias is still short but we are now in a corrective wave that can lead to point A of ABC.
If you trade the lower Tf then follow the waves that are clearly designed but if you trade with the trend wait to reach point A and then short the pair till B.
This is my 2 cents. Cheers.
Per aspera ad astra
- #9,656
- Feb 13, 2015 11:22am Feb 13, 2015 11:22am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Not just about the system but more about our minds. This podcasts should help improve our minds to control our emotions. Listen to #41 Guided Meditation for Patience on Meditation Oasis site (it's in english). Meditation Oasis Also good free guided meditations on UCLA Mindful Awareness Research Center If in any way this help you clear your mind,you can thank me later.I'm listening everyday the podcast of patience,let's...
"At the start of each trading day, take a few minutes to meditate.
Close your eyes. Start visualizing the market. See the real-time chart on your computer screen. Watch as the price gyrates up and down.
See yourself entering a trade. Notice you feel relaxed. You're alert but calm. Completely unemotional. Observe how the price moves after you enter. How it comes close to your stop loss. Mentally place a number of trades. Follow them through.
Now suppose you get a losing trade. Look at the big picture. You are completely unemotional and calm. You put on another trade. Again, another small loss. You are unmoved. Next a goes a winning trade. Again, you are relaxed. It is just a job nothing else.
This takes practice. And you must do it regularly to get the maximum benefit. Try it every morning, and any time you even begin feel stressed or you lose your focus. The advantage of this technique is it's free. And the payoff is excellent."
First we program our mind then the rest is easy.
Work smarter,not harder
- #9,657
- Edited 2:22pm Feb 13, 2015 1:22pm | Edited 2:22pm
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} i already made EA analysis,but i can do more 2,it's okay.EJ and UC
You guys can use for your currency analysis as correlation ...... I will post about it later....
Journey is more important than destination
- #9,658
- Feb 13, 2015 1:39pm Feb 13, 2015 1:39pm
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} But crude doesn't loook good for bulls.... Brent Crude OIL H4 {image}
H4 PA divergence with RSIOMA is key here and rest of the details look at the chart
ABCD pattern almost done we have little more room to the upside but pattern almost confirmed so MAX 62 and we dive ....
If this works watch out Your NU longs or UC GN EN shorts....
Good luck Guys!!
Journey is more important than destination
- #9,659
- Feb 13, 2015 1:52pm Feb 13, 2015 1:52pm
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} Brent OIL Update. H4 PA divergence with RSIOMA is key here and rest of the details look at the chart
Again RSIOMA diver with PA and ADX topping ... stock all comign together ....
PA pattern here Triple top
Journey is more important than destination
- #9,660
- Feb 13, 2015 1:57pm Feb 13, 2015 1:57pm
- Joined Mar 2013 | Status: No matter what, win the trade! | 836 Posts
{quote} CRUDE H4 Again RSIOMA diver with PA and ADX topping ... stock all comign together .... PA pattern here Triple top {image}
Considering GBP and JPY gains past couple of hours ....
GBPCAD long
CADJPY short might be best options....
NU short also will play ..... it will lead GN long.... NJ short....
Let's watch what's gonna happen
Journey is more important than destination