[quote=Matts Micro;7644908] Its a normal cycle in the charts no indicator in my opinion predict price as they all LAG, when these so called experts on CNN bloomberg ect predict prices and they come true its all about FIBS - FIBS can accurately ...

Only Gold!

I totally agree with the bull move , i still think there is potential to the downside on gold, not very far but as I posted earlier, support and resistance is just that, a temporary hold, supply and demand areas move the charts

Only Gold!

I am not a fundamental trader, I am a chartist / tech trader. Of course news may change things in the very short term but never have a lasting effect on the long term charts - fundamentals mislead, turning the news off gave me greater gains in forex ...

Only Gold!

well if mines are closing down, the more mines that close the less supply that is available, there fore demand will increase and gold will go back up in price. would you not agree that if mines open at the wrong time, like when price was at its all ...

Only Gold!

my 2 cents - my fib shows a take profit area of 1259 317 - maybe not today due to nonfarm if news is bad for the US - if news is good possible completion of my daily fib........ 61.8 retrace gives me a take profit of 1259 317 or 161 fib ...

Only Gold!

I know they are correct because I use fibs and this setup - during every trade, FX Knight is one of the best out there in my opinion for fib usage......... Our rules of trading fibs may be different to how you use them but the figures work as you ...

Need Fibonacci expansion formula for programming in MT4

Credit to FXKnight.com - If this is what you are looking for..... works in meta trader but figures are figures image Translates to this image

Need Fibonacci expansion formula for programming in MT4

I dont trade could be's I trade facts based on a rule set thats fine what are your rules , eye balling it???? for the last 13 months the monthly chart is bullish, no prior lows taken out, as far as I am concerned there has to be a set of rules in ...

Cable Update (GBPUSD)

Weekly fib in play 38 retrace - initial take profit at 138.2 (1.33148) - a bounce at my 138.2 fib would take us back up to the zero fib or the weekly 21 ema which ever is hit first ...... thats my take and accuracy over 85 percent on weekly's - a ...

EURUSD

month is up, need i really say more???? its not a yearly chart, for the last 13 months the monthly has been trending higher , there for its up based on a trend line which even broke the consolidation high.... anyone who says the monthly chart is ...

Cable Update (GBPUSD)

monthly is up??? you sure??? weekly may be?? monthly is down once we broke 1.7008 monthly is up with set and forget rules, over extended yes with 3 cp patterns, for month to be down the trend line must be broken by 1 full monthly candle its ...

Cable Update (GBPUSD)

if you are talking set and forget weekly is up monthly is up, at daily demand within a weekly cp pattern,,,,,i am not short at this level yet, besides set and forget we wait for pull backs we do not short at this level

Cable Update (GBPUSD)

open a demo with same broker with no indicators on it, if that platform does not freeze then you are either using too many indicators with too many charts open for your computer to handle..... If they both freeze close down your main terminal you ...

MT4 freezing

its at daily supply a correction to the level that caused this move around 1274 , maybe not today or sunday monday but it should retest the level that caused this move up, then possible further longs to the highs that caused this entire down move - ...

Only Gold!

with this surge in Gold this should strengthen the Aud, any thoughts

AUD/USD

what a move straight back up to daily supply , was not expecting that in a day..............

Only Gold!