EURUSD & GOLD

Goodbye for now.

Good morning guys. I would like to encourage you to look at this (below) before you decide on a trade. It has everything to do with peaks and valleys. As you can see, its a line graph but when you switch to candle you will immediately note how much this would help you. Yellow and blue turning in the same direction.


But also note that as blue is opening price, it will not immediately moves; only when yellow close, but by that time you may have missed a lot of pips, so its better to enter as soon as yellow uncouples from the candle; this scenario you will get when its a "all in one" candle and 80% of the time when it was a doji of some sort.

Who has tried trading gold this way on m15

Some red candles would be great

YAY

add tadka

open macd indicator in editor, change this line

to

and compile, then place nacd ON chart

now in editor change it back to

and compile

Morning guys, seems the push is up for gold.

resistance for now at 3334.62

Something significant to show later on regarding the close relationship between yellow and RSI(2).

Let's see how this plays out. Check RSI

Market stone dead, no news, except for Powell's same old story.

Look how RSI change course in tandem with yellow.

.. yes but the traders behind gold need movement, so far it is about 160 pips - there should be another min. 100 pips to come

regards
Mucky

How do you count the 160p?

... I use a free indi for that task (MT4 & MT5)



Mucky