As promised the MM doc

Midas Touch - technical strategies

Looking at above image, let me explain in more detail. Just before the (1) both 5 smas (simple moving averages) crossed below 34 ema, this would be a signal to wait for short setup. But first wait for a range bar like (2) What qualifies as a range ...

Midas Touch - technical strategies

Thanks CC, so its order levels that MMs see and they trade against them, somedays bigger players get involved like today and push price beyond the norm (just trying to understand this all better, the theory side) I realize pushing price is not ...

Only Gold!

Yes i watch it you mug, better than what your watching cnn is it. Its unbiased for the most part, just like most news networks they track local news more closely. max keiser is hilarious and his verbose view on the markets is better than you get on ...

Only Gold!

49 KG of uranium stolen in Pakistan by terrorists, thats just freakin marvelous url just heard it on RT news Potential war/ global instability .. Gold up upon research this is not the first time in history

Only Gold!

Ive used mt5 for years which had market depth, question is how to benefit from it. Its changes so much youd get a headache watching it for what. Any clues let me know

Only Gold!

Okay so its margin/ stop hunting since alot of positions were opened shorting metals, okay i can buy that. Hence as CC says trade with a wide range, close SLs is not ideal, scalping of course is different

Only Gold!

Interesting comment, could you please expand on how this works/ what you mean. thanks

Only Gold!

Strategy 41.2 example CADCHF long Current trade 1- both 5 sma above 34 ma (will be discussed later what happens when cross over occurs) 2- range bar to confirm trend (will be discussed later) 3- bar closes over lower 5sma (in this example) and then ...

Midas Touch - technical strategies

Strategy 41 Template and profile There is one template, and i tried to compress the profile, hope it works

Midas Touch - technical strategies

Strategy 41.1 & 41.2 Same strategy just different time frame. Use minor products or those with minor range with 4 hour (eurgbp, usdcad etc) Use template and indicators posted below to get you started, then change colours etc as you wish Profile ...

Midas Touch - technical strategies

started thread, midas touch

Kiss of MA50

just testing you, haha thanks kley Guess what we can also use this with 4hr pivot/ open prices using m30 just finalizing indicators trust this all goes to plan.. starting thread soon, as ive sorta hijacked this one

Kiss of MA50

Thanks, i edited and yes it is a sell, my mistake. I also edited above with Stop Loss, which would be twice the distance. We will discuss, second entries in new thread... will start tomorrow. So if we make a loss of say 80 USD Next entry we will ...

Kiss of MA50

To continue, at the first chl on the first image posted (post 11) we are looking to enter long, since the trend has changed, wait for pullback to mid bollinger. As this occurs notice the trend fails and instead a change occurs to chs (this is where ...

Kiss of MA50

Sell example: Looking at the first image i posted, post 11, eurusd, go to your chart and follow: step 1: We were looking for longs since price was above 200 simpleMA However then price trades below step 2: 'chs' on the 2/3 of jan shows the daily ...

Kiss of MA50

i may move this to a new thread soon see this example of an exotic pair how we are safe in a ranging market In this example as price is well above 200simple MA we are only looking to go LONG 1. when chl occurs after a chs, price must retrace to mid ...

Kiss of MA50

Above are screen shots with entries and notes. Settings: 200 simpleMA Bollinger Bands, 30 ATR 100 (ignore other indicators on screen shots, not used in this strategy) Notes: chs: change direction to short, means a daily open is below 3 previous If ...

Kiss of MA50

Okay settings have changed, i just tested EURUSD H4 timeframe for 6 months, looks tit hot 8 wins 4 additional entries 0 losses cmon son!!

Kiss of MA50