Each day is a new trading day (Mon to Fri anyway). I find, for myself, looking further ahead than today distracts and even more importantly lets a bias creep in before a new day/week/month even gets here. Of course we should be aware of what's to ...

tRump, in a month plus, will be good for volatility once again but I try not to get ahead of myself when trading intraday.

Looks like a turn (down) coming up. Though its been a while since I last shorted. Too cray bullish to go against it.

Fed Powell is speaking @ 1:45pm NYTimes DealBook Summit.

An edge is only putting on, and staying in, a trade when the probabilities that it will be profitable are in your favor. Otherwise you are gambling.

It was just a suggestion because as I said originally:- "If common sense is being used (and moving averages if you may, not my choice at all) the length should be appropriate to the chart timeframe....." But note TradeStation software (which ...

Fair enough. I hope you at least put them up on a chart before deciding they are not worth it for ... as you say as you use them. Also if length and period are not the same - what is length?

That is one and the same. Length of lookback period. Of course the period, length, whatever is based on one's preference. Just saying if one is looking at, for example, a 5 minute chart makes sense to use a length of 12 (or multiples of 12) because ...

If common sense is being used (and moving averages if you may, not my choice at all) the length should be appropriate to the chart timeframe. For instance if a H1 chart is plotted a MA length that would be appropriate would be 60 (or half cycle 30) ...

Thread fizzling out already?

Reminder: NFP report tomorrow 8:30am NYTime

Well now that NY is back at their desks seems pretty clear which way Spot Gold wants to go, especially if it closes today below 2484.55 (horiz support) area:- image

Tomorrow (Monday) is a holiday here in the US, Labor Day, so suppose Gold might be quiet? Once normal full trading resumes Tuesday I'm thinking uptrend ought to resume. Though need to see more intraday bars to have a firm opinion either way.

$4 lower since I posted. Don't know why you are mentioning weekly and monthly when I was referring to Daily. Each can be different you know. Also note when I refer to daily it is only as far as current bar. What it does next week and beyond I have ...

Saw same as what I previously posted. As well this morning (my NYTime). What do you see?

Daily chart shows Weds resistance level held on Thurs so Fri last trading day of the month looks a little bearish at the moment. image

H1 support and resistance levels. I'm still biased to the upside on daily chart basis:- image

Spot Gold has been making new alltime highs for awhile now. There is basically no overhead resistance, short at your own peril unless key support breaks. Even then I would stay short for very long. Also Dollar Index shows no sign, at least ...

No need to respond to my previous post. It seems you are not looking for two-way conversation. I'll refrain from quoting or responding to any future posts of yours - in this or any other topic.

Shame buddiebuddie is no longer here .... and the issues he seems to have. Wish him the best. Time heals all wounds.