Spread measurement during gold's closed hour. Not a good time to have a stop anywhere near price.

Swings and scalps

Stopped at breakeven on the demo, moving on up perhaps to my entry order on the live account.

Swings and scalps

It shows how it consolidates after momentum, now a bounce of the 50.

Swings and scalps

What a weak fib does. It lost it's downward strength. How they loose energy and reverse into another fib is a good study. Natural systems, as Bill Williams says. Nothing human per se about the market, it's just nature. Human decision is not separate ...

Swings and scalps

Perhaps another bull flag. If we get above 23.6 I see that as bullish. Soon it will retrace to the sma 50.

Swings and scalps

If it gets to this resistance level I set an entry. Below that is the demo acct.

Swings and scalps

Bull flagged at the 50 sma. Waiting for a new low to form to above first entry to move stops up.

Swings and scalps

2 sma 50 test.

Swings and scalps

3rd position. Only risking $1 so far.

Swings and scalps

image

Swings and scalps

Butterfly forming suggesting bearish continuation. Waiting to see how strong it is. It could keep keep going to the 423.6 of the larger move. I am just playing the retrace with the plan to set stops at breakeven and see how far up the move goes from ...

Swings and scalps

Test of the sma 50.

Swings and scalps

2nd test.....

Swings and scalps

There is the bell let's see what happens overnight.

Swings and scalps

To the pip.

Swings and scalps

Since it is going in what was my favor before I stopped out, I got back in the demo account. Jumping in and out cost me too much these past few weeks. Demoing it.

Swings and scalps

Stopped out 12 cent loss.

Swings and scalps

Stopped out on the real account. So, got back in on the demo. There isn't much support, but it is at the bottom of a channel.

Swings and scalps

The first butterfly is reaching reversal point at 423.6. This may propel price up so I will go long on my demo, but I am waiting or the bigger fib to hit 161.8 before I put real money on the line.

Swings and scalps

Top of the range and looking ready for a retrace, fairly tight stop above previous high. Looking like a good swing position with plenty of fib room for targets. I figure this should tandem the USD. I am learning about spread trading and correlating ...

Swings and scalps