update XAU/USD stopped out @ 971.79 re-enter @ 960.45 why we re -enter? well our major trend is still up trending, but is has been exchusted from all this up trending for few weeks you can see that by drawing some trend lines at the daily chart seen ...

Simple EMA/Trendlines Strategy

you will start getting the idea by looking at the charts everyday train your eye, and then you will see and recocnize how price action works along with your major trend !!

Simple EMA/Trendlines Strategy

hi welcome to the thread !! yes thats how i do my analisis, but some times like last nite i take some quick trades against the daily, but the trade has to be with some trend and the next most reliable (quick trend)is the 1hr.... you have to keep it ...

Simple EMA/Trendlines Strategy

thank you mate!!!

Simple EMA/Trendlines Strategy

last post for tonite update for XAU/USD note: (i know that i posted a 15min chart earlier, but is the same thing with the 1hr the order was open with the 1hr as i always do just happened to press print screen when i was looking at the 15min )

Simple EMA/Trendlines Strategy

i will try, but now is kind of hard i dont trade from home anymore so its kind of hard to post charts very often!!!

Simple EMA/Trendlines Strategy

thanks Bullrock feel free to post your charts along with your analisys!!

Simple EMA/Trendlines Strategy

sorry i havent be able to post charts the past few weeks, but we have make some changes and we have to trade from the office now on!!! anyways very quick trade XAU USD short @ 957.87 target 945.60 and SL971.79

Simple EMA/Trendlines Strategy

UZ1KID what do you mean by floating position? if the market trick me which happens sometimes i have my stops carefully placed to protect my investment .. i can not predict the future 100% im not god ...i just take high probability trades based on ...

Simple EMA/Trendlines Strategy

last post so i can keep you thinking a little check the 1hr chart of EUR/USD draw your lines study the daily and try to find out whats in the makings!!! and tomorrow who ever feels to post his or her study please feel free to do it G nite all !!

Simple EMA/Trendlines Strategy

Update XAU/USD : Target has been hit 936.00 to the pip!!! this is my last post for tonite shift changing time to hit the sack!! from Monday i will be doing the NY session!!

Simple EMA/Trendlines Strategy

update XAU/USD: order still open running towards our target 936.00

Simple EMA/Trendlines Strategy

Update for XAU/USD: order still open holding my SL and Targets as i posted earlier

Simple EMA/Trendlines Strategy

to be honest i didnt close that trade my partner did i just show the report this afternoon, but the way i see it.... the reason he manually closed that trade is that if you draw a line from jun 30, jul 01 -03, jul 09, jul17, jul22 on the daily chart ...

Simple EMA/Trendlines Strategy

that is a great presentation about price action.... take look at it....it is very informative and very simple explained video

Simple EMA/Trendlines Strategy

like i said stay on top and wait out is a quick trade around 600pips keep your stops tight and wait to manually booked the TP see chart

Simple EMA/Trendlines Strategy

ok very quik trade opportunity short for gold @ 941.85 ... REMEBER we are against the major trend so we are looking for trades with a short range TP @ 936.00 SL @ 948.80

Simple EMA/Trendlines Strategy

hi uz1kid and welcome to the thread! well your question doesn't really have a straight answer, because some times i will open a trade when is just penetrating one of my lines and some times i will wait for the next candale to open, and the reason is ...

Simple EMA/Trendlines Strategy

now at this point i will take a different approach....the yellow line on the top of our chart thats the channel resistance from the daily and it seems that the price has start failing...also it has just break the white line which is the 1hr support ...

Simple EMA/Trendlines Strategy

UPDATE XAU/USD: SL has been hit because of the spread, but as i posted earlier that was our back up plan we either make it or we break even and we broke even no harm on our account and most importanly no harm to us.....

Simple EMA/Trendlines Strategy