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Ralffe replied Feb 26, 2018Had a day with nothing to do so decided to play the AU & Gold retraces on the 15m charts. Gotta say this system brings back the joy into trading.

SAFE - KISS
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Ralffe replied Feb 25, 2018Each to his/her own. However in all cases using horizontal lines you will be late to the party & late to exit.
SAFE - KISS
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Ralffe replied Feb 25, 2018Looks like an ABC retrace on the 4H Gold & similar on others. For those wanting to hold on the Daily, just hold tight. For others wanting to play this pull-back. Go to the 4H. Let the lines help you decide when to TP.
SAFE - KISS
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Ralffe replied Feb 23, 2018You don't like what you see for good reason. This pair as with most pairs is going sideways. You are trading on the 1H. That's OK so long as you are prepared to screen watch. In fact whenever the market starts into consolidation with no definite ...
SAFE - KISS
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Ralffe replied Feb 23, 2018I do watch for the best opportunities but stick mainly to gold & AU. Adding on whenever possible & doubling up when well in front.
SAFE - KISS
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Ralffe replied Feb 22, 2018It is important to know chart patterns, however ultimately the lines will decide the direction for you. Al pairs appear to be at the point where the next move will decide the overall direction.
SAFE - KISS
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Ralffe replied Feb 21, 2018TP 20 pips.!!!!! Mate you had an 800 pip trade going there.?????
time to buy USDCAD at 1.25607
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Ralffe replied Feb 21, 2018For going long you have drawn the line the wrong way. You should be short & waiting to add another short with this pair.
SAFE - KISS
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Ralffe replied Feb 20, 2018Albertstien has it right. Your main lines are right but this is an add on so you need to tighten the line to the price action. This clearly a breakout from congestion.
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Ralffe replied Feb 20, 2018Yes. Several pairs gearing up for probable entries or add ons for those already in,
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Ralffe replied Feb 16, 2018Great.. You have shown the benefit of not drawing steep lines. Price action over the last 3 weeks have shown 3 things as extremely important. Shallow lines to start with. Keeping your SL out of reach from the BS spikes & major fake-outs & moving the ...
SAFE - KISS
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Ralffe replied Feb 16, 2018You really are getting the hang of this system. Good. Your lines & comments are spot on.
SAFE - KISS