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  #111 (permalink)  
Old 07-23-2008, 01:26 PM
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Well that was a funny old spike on oil and gold there.

Anyone any ideas?

G-Man
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  #112 (permalink)  
Old 07-23-2008, 01:36 PM
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Quote:
Originally Posted by G-Man View Post
Well that was a funny old spike on oil and gold there.

Anyone any ideas?

G-Man
Yes you see that a lot on WHC. Maybe not so on your broker's charts.
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  #113 (permalink)  
Old 07-23-2008, 01:58 PM
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Hi dxx

It's possible you've got the wrong button pressed on the toolbar at the top of MT4.

You'll see 3 buttons. 1 looks like a bar chart, 1 a candlestick chart and 1 a line chart. It looks like you've got the candle button pressed. You need the bar chart button pressed, not the candle.

Next make sure you've added the heiken ashi indicator to the chart. FX Pimp posted one with a message a few pages back. Or you'll find one in the custom indicators section under the star navigator button on the toolbar. Change the colours to suit and you should be good to go.

Hope this helps

Tony H
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  #114 (permalink)  
Old 07-23-2008, 01:59 PM
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Oil and Gold starting to move together now

Against longer term trend though hmm
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  #115 (permalink)  
Old 07-23-2008, 02:07 PM
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wow, sorry dxx, seems loads of people have answered your call already. For some reason the thread didn't update. Still glad to see all is ok

Tony H
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  #116 (permalink)  
Old 07-23-2008, 02:08 PM
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Quote:
Originally Posted by FX Pimp View Post
Yes you see that a lot on WHC. Maybe not so on your broker's charts.
I've got a demo set up with ODL, so I guess that they may use the same feed.

G-Man
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  #117 (permalink)  
Old 07-23-2008, 02:10 PM
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Thanks Again

There's another lovely simple Gold trade in the tin.

As per the previous post, Crude did eventually find some support and the 1-2-3 was on for a quick 50 pips !

BRN or QM, both of which are a substitute to the Crude chart for today are setting up exactly the same way.
Could be worth a look, but be careful. Crude inventories are out in a while.
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  #118 (permalink)  
Old 07-23-2008, 02:23 PM
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Is there any reason why is the EUR/USD & GBP/USD pair isn't moving up although gold is? Sorry for the newbie question.

Edited: Oh wait, i think there's a slight increase. Sorry about that.

Last edited by daNnFX; 07-23-2008 at 02:29 PM.
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  #119 (permalink)  
Old 07-23-2008, 02:42 PM
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Hey Pimp

USD-JPY seems like it could be setting up for a quick 123 down to the next 20 EMA but since GOLD seems to have bounced off it's 1 hour 20 EMA would this be a risky one in your eyes?

I don't think my broker offers the straight XAU market just CFD versions which I'm not too familiar with and don't even know if that just sounded really stupid lol
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Last edited by CindyXXXX; 07-23-2008 at 02:59 PM.
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  #120 (permalink)  
Old 07-23-2008, 02:45 PM
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Quote:
Originally Posted by daNnFX View Post
Is there any reason why is the EUR/USD & GBP/USD pair isn't moving up although gold is? Sorry for the newbie question.

Edited: Oh wait, i think there's a slight increase. Sorry about that.
Hi daNnFX

Cable was not tradable this morning, wasn't following any correlation, while EURUSD followed gold and crude perfectly!! There was few 1-2-3 plays this morning on EUR, CHF and JPY.

Cable - MPC Minutes, strong support at 1.99 - didn't go down but we did have few 15 pip trades

ATM Cable is bouncing daily R1 - what a day
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