Many many thanks WDays! I too have being trying to understand this strategy and your post has clarified many things! I'm interested to know why the EMA was dropped and when this happened? "...The way we trade it today is without the EMA..." also ...

Trading Made Simple

Perhaps not the most popular view but I'm staying with previous analysis as nothing I've seen invalidates it, with the 1160 target reached this week (really should be a range as these estimates are crude). Will it be a Wave-5 extension, that's the ...

Only Gold!

Let's say a bit of tinkering under the hood and it will be running like a charm year in year out. Give me consistency and I can move the world who needs leverage... lol!

Only Gold!

"...banks hold billions of dollars of an asset that pays no interest or dividends on their balance sheet for reasons of "tradition". nothing to do with anything else, just tradition. uh, yea. That must be it.", Ron Paul asks the [Ben] Bernanke if he ...

Only Gold!

Well done Mastermind . Mixed bag of results when it comes to NFP etc,... but I was out beforehand (Griff's justa big chicken ... lol)

Only Gold!

You may like to know that there are a full array of execution scripts @ url and the author encourages modification. This seems easy to mod to suit this strategy - it gets a bit repetitive setting orders. I'm running two (Buy/Sell) scripts for ...

Open Scalping Strategy

I think the Millipede idea is solid in principle and if you can do it once it can be repeated... The way I see it this is now a true test and challenge of your method. You can do it - Goodluck !!!

Only Gold!

Hi Traders, please find attached the indi I have developed and am using for this strategy. Please feel free to modify it as required, in anyway - help everyone by further development if you can, thank you. This is my first MT4 indi as I have only ...

Open Scalping Strategy

Good point abokwaik - TBH I didn't think of this when I was constructing the method - you are absolutely right! Yes, these were small positions as I was too chicken to fool around with bigger positions.

Only Gold!

The D1 TF now has a doji morning star which is a powerful pattern if confirmed... have a great weekend all...!!!

Only Gold!

hollowhead!!! What the %#@& happened - last time (like yesterday?) I saw you were up like 50% or something like that?! That's horrible to see mate but just shake it off and get back on track.

Only Gold!

Hi abokwaik, looks like you're making great gains here, keep going mate!

Only Gold!

LOL!

Only Gold!

...watch your Tick chart...

Only Gold!

Problem is, as far as I see it, there is no causality between so-called 'Red News' and PA (for us anyway?). If there was you would just hop on the rocket without SL and take a ride... It kind of has to be this way...

Only Gold!

I'm out (and all done for the week) - too chicken to hang around as anything could happen... hope everyone had a great trading week... ...I can't wait to see what will happen next week with gold - very exciting!

Only Gold!

Thanks mact4. I guess if the ABC was rather flat then that could do the trick. Then again we could have an extension?

Only Gold!

"Dance like a Butter-fly sting like a Bee", Rope-a-Dope. Hi abokwaik, you got me thinking about "surfing against the tide" and how I could approach this without getting slaughtered (as usual). One idea popped into my head. Ok, so I tried this today ...

Only Gold!

Hi mact4, thanks for that. Well the first target for EW was hit this week, 61.8 of Wave-1. I'm 'still' concerned with the angle of decent. Might start to correct itself over the coming weeks? What's your thoughts?

Only Gold!