EURUSD & GOLD

Talk again later.

Good morning guys; gold made a correction downward; I guess we're going to see another run back up again. My crystal ball is a bit dusty; let's see. I will be away for the greater part of the morning, but I'm confident you will do the right things.

M5 is very active; yellow keep running along the top of the candles which is a good sign.

A critical element of this system is that yellow and blue should be in tandem when a trade is on. Look at the chart and see how the two bend down in step with each other on M30. After this post look at the next one and you will see the exact same happened on M15. There were a 1000p in this trade.

This one failed, which is good, because it creates a chance to tell you something which is very important. ALWAYS look at what the longer TFs are doing. Look at H1 for instance; its coming down with a signal. AND, very important, when yellow cross blue in the action to the opposite side (which was down), kill the trade.

Another crucial point is that the bends on yellow and blue were too flat; the kink needs to be sharp like now.

Something to take note of:

It's time to change focus to H4; a new candle got into play. Watch it in conjunction with H1

Two healthy trades since opening:

me thinking

Seems the tide is turning. The US session might come with a good chance on H4. Keep watching.

My crystal ball still a bit dusty, but I tend to differ with Trading Central's view. We'll see how it turns out.

Trading Central changed their mind.

Line up your H1, M30, M15 and M5 charts. H1 may come with a signal with close of hour.

The one to watch now Is M15

Too sideways, stay out, rather wait for the big guns.