Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Gold hit a low the other day it will likely not break for a long time. I wouldn't be concerned with gold at this point. It should be on the rise.
Yeah, sorry I didn't respond before.
Been so manic dashing to and fro trying to get ready for my big departure I have been neglecting the nest.
Was looking for that support level you were referring to but couldn't see it on the daily chart. My gold weekly doesn't work too well. Would you mind positng a chart?
Many thanks
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Yeah, sorry I didn't respond before.
Been so manic dashing to and fro trying to get ready for my big departure I have been neglecting the nest.
Was looking for that support level you were referring to but couldn't see it on the daily chart. My gold weekly doesn't work too well. Would you mind positng a chart?
Many thanks
No problem. I don't have any charts to show this right now, I'm not at my normal computer. But you can clearly see an any long term chart that gold has hit a bottom it hasn't seen in a long time. Years if I recall. I can't foresee gold going down much farther. We will see If I'm right. I did manage to find this article though:
Set in graph properties max. columns 5000 (for both choice), delete all .hst files in MT history. Next step is searching for better CCI indicator (Frantacech has some).
Happy pips.
Lopuch,
The first two steps seem to have made a big difference. I'll have a look at CCI's as suggested by you and others if it slows again.
I hadn't ran this either in a while which is very useful for removing spyware The home of Spybot-S&D!
I know this is probably the most basic of questions, but I need to ask, as I feel maybe I'm getting analysis paralysis.
Within the last hour of this post, there have been some beautiful set ups on various pairs. eurusd +90, cable +80, usdchf +30, audusd +50, gold +30.
I watched all the setups, saw them, but didn't take any. Here's why:
Crude was creeping up to the 1hr20, then the daily pivot and I'm thinking, well if it bounces, gold will drop messing up all the other possibilities.
Other times I'm down to watching the last 5m candle direction on crude & gold. But, looking back over the crude and gold now, they have been creeping up all morning.
Is it analysis paralysis? Should I just get a general feel for the direction of crude and gold or get into the detail?
I know this is a bit vague, but any thoughts would be most appreciated.
I know a lot of guys took the cable trade this morning, and I should have but I am trying to justify to myself why these trades are winning ones without just jumping in. With the cable there were no clear signal in terms of CCI's so stayed out. I then waited for crude to get going but was too late.
Pimp how did you know cable was going to rise? Was it the 'force' that told you? My only method of thinking for entering the trade was that when crude dropped slightly it did not affect cable.
I know a lot of guys took the cable trade this morning, and I should have but I am trying to justify to myself why these trades are winning ones without just jumping in. With the cable there were no clear signal in terms of CCI's so stayed out. I then waited for crude to get going but was too late.
Pimp how did you know cable was going to rise? Was it the 'force' that told you? My only method of thinking for entering the trade was that when crude dropped slightly it did not affect cable.
Sorry to hear you missed everything Bill.
Don't beat yourself up about it. It wasn't that clear-cut. Crude was below the Pivot whilst Gold was above. Crude was below 60m 20 whilst Gold was above.
A little tip is to understand the Euro follow Gold, not Crude. Cable follows Gold / Euro, not Crude.
Unless the black stuff is looking really really weak then Gold - and currencies -can have a little chicken-like scratch around the yard.
As for Cable Nikesh, there were some pretty clear indications that it was moving up.
Crude and Gold aside there was support from the ascending 20's upon the break of the 4hr 20.
The 60m 20 was close to crossing the 60m 50 and there were a bouple of decent opportunities to get some pips, although the 4th one in the pic was a bit risque !
As for 'the force', most in the room know about my crystal 'bits'
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Yet am forgot: delete all indicators which are useless, also templates, experts, scripts and old logs.
Happy pips.
Yes I should have mentioned that. Great call.
I deleted about 50 templates from my system the other week and it worked much better. Never knew about the indicators though. Thanks.
__________________ I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Linear Mode
