Hi Gs, Its a quiet day on the trading front so thought I'd throw in my general view and outlook. The wave theories etc whilst clearly well thought out, are as you've said complicated, and very much open to interpretation it seems to me, although I'm ...

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Agreed.....but keep in mind that dotted blue horizontal line that I've shown...it is a critical area as I'me sure you already know

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Yep....I see ur thinking behind it....either scenario looks pretty handy for you it seems, good stuff

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That may be a smart move, but I think if the m30 chart attached closes above the blue dotted line in the next candle or two then 1240 or so is likely to follow image

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Hi Ab, I agree with you, a volumn indicator (in fact any indicator come to that) is open to interpretation and how that interpretation is then used to make a trading decision, no matter what one is used. For example, I use a volumn indi called ...

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That is always our objective...but doesnt always work out that way as we know. It was tempting to book the whole trade, but my h4 chart still shows me there could be some more good upside soon enough, hence partial t/p. We'll see

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Hi all. Ok, 50% of trade now banked, s/l on remainder now b/e. Free trade from now on. I've attached an H1 chart, which shows an obvious line of resistance to break if this is to go much higher (blue dotted horizontal line) At present all signs are ...

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Long trade taken @1226.19 for Asian session. S/L 1219 Reason - Sutable red signals aligned on h4 chart (dotted verticle line) plus the smaller t/f for optimum entry hopefully. H4 chart attached image

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The chart attached for m15 is tentatively starting to take shape. Maybe everything will be in place in 5 or 6 candles time.....cant be sure yet. If I'm right, then more patience obviously still needed before long entry when all conditions shoul be ...

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Yeah...its a tough day for sure, but hopefully patience will be rewarded soon enough

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Fair comment.... Back to trading.....for me there are still no clear signals that warrant an entry yet either long or short..... sitting on my hands before striking at the moment

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Would it not be easier to say I entered at such and such price, then either stopped out at a price or took profit at a price....weight or pips dont come into it then

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Yeah...I think you're probably right about that, which if anything must add more calculating to do in order to re-convert it back from pips back into currency value. Makes you wonder what all the fuss is about pips talk etc lol

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Hi CT & Gs, Given the confusion that pip value has generated, it begs the question just how important is it to know what its value is. Personally, pips dont come into my equations when I'm trading, just logical entry, exit and t/p levels are all I ...

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Hi all. Theres not much going on on the main t/fs so far as my anaysis suggests at present. In fact everything seems poised either way. I think we are left with an in and out kind of trading day imo. For me the best candidate for a trade setting up ...

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No prob Ab, we are pretty much on the same page in all t/fs so far as I can see.... we just took different routes thats all. I guess we'll know our fate one way or the other during the coming days. Good luck to us both

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[quote=abokwaik;7823807]My third week went so bad. After reaching 23% ROI it went down to -7% although still floating. Based on my weekly bullish view on GOLD I bought pullbacks Until Tuesday and I made positive returns, the Wednesday to Friday it ...

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Hi all, I've attached a 4 hr chart which shows an intraday buying possibility has presented itself ref the vertical dotted signal line on the chart. With the exception of volumn that I've highlighted, all indcators are red and in the right place, ...

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Hi all, In keeping with CTs constant requsts, which I support, can anyone casting an opinion on where they foresee price going add their justification for it. Comments such as I'm buying or selling serve no real purpose unless there is a ...

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Hi, According to the weekly chart attached, my analysis suggests to me that price has plenty of scope to make 1300 plus in the coming weeks/new year, notwithstanding some pitfalls along the way. The dotted verticle line and red colours support my ...

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