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  • #4,281
  • Mar 20, 2014 1:29pm Mar 20, 2014 1:29pm
Quoting Nitsan_Levi
{quote} Thanks you man! And now something for those who want to learn on SMA Price down down then up and close above sma 32 and sma64 ....then it shold and go to a new low,,,it very nice strategy Now price again up and close above sma 32 and 64...and in the second close above them if there more sma from high time frame Like we have in the 2H chart...price shold get to sma200....to price 1340 ... I dont take it now but just you can see it and learn I add it. {image}
Thanks for the awesome explanation Nitsan, you are awesome! keep posting more, I want to learn more from you.
  • #4,282
  • Mar 20, 2014 1:32pm Mar 20, 2014 1:32pm
lets see if tl holds the price and golden cross happens.
Attached Image (click to enlarge)
Click to Enlarge Name: golddaily.png Size: 47 KB
  • #4,283
  • Mar 20, 2014 1:56pm Mar 20, 2014 1:56pm
Quoting letscry
lets see if tl holds the price and golden cross happens. {image}
what is the period of the white, red and yellow line?
for intermediate term, no doubt gold is bullish
  • #4,284
  • Mar 20, 2014 1:57pm Mar 20, 2014 1:57pm
White is 100 red 200 and yellow is 50,
golden cross means 50 crosses 200.
  • #4,285
  • Mar 20, 2014 2:09pm Mar 20, 2014 2:09pm
Quoting letscry
lets see if tl holds the price and golden cross happens. {image}
hi Letscry.. i plotted the MAs into my chart and it apparently shown that 50 and crossed the 100.. (fxpro chart)
  • #4,286
  • Mar 20, 2014 2:10pm Mar 20, 2014 2:10pm
Quoting letscry
lets see if tl holds the price and golden cross happens. {image}
sorry, what i meant was 50 has crossed the 200.. typo error.. sorry
  • #4,287
  • Mar 20, 2014 2:11pm Mar 20, 2014 2:11pm
Quoting Nitsan_Levi
{quote} Thanks you man! And now something for those who want to learn on SMA Price down down then up and close above sma 32 and sma64 ....then it shold and go to a new low,,,it very nice strategy Now price again up and close above sma 32 and 64...and in the second close above them if there more sma from high time frame Like we have in the 2H chart...price shold get to sma200....to price 1340 ... I dont take it now but just you can see it and learn I add it. {image}
Hi Nitsan,I've been following this thread and your particular strategy with interest especially as your trading suggests that you have a precise method of identifying when to enter and exit your trades.You have given a brief outline of your method, however, your charts and explanation though are unclear to me as to how you arrive at your decisions and I respectfully ask if you would be so kind as to answer my questions below in order that I can understand and appreciate your rationale more clearly. (Soz btw if the questions seem dim and basic, but if I dont ask them I wont know)1. Are the SMAs shown on your chart only relevant when using the 15m chart or can the same SMAs be used on any TF2. Why do you need to use both SMA32 and SMA64, what purpose does two serve to you in your strategy?3. What does the dashed line at the 1330.56 represent?4. What actually suggests to you that a BUY order should occur at that level?5. Is the blue SMA 200 used only as a take profit level?6. All the averages on your chart are heading south, and the 1330.56 level suggests a resistance level to my mind, so why do you suggest a BUY order?I'm sorry for the long-winded post but I'd be grateful if you could clarify those points, which I suspect would be handy to know for a number of people on here.Many thanks...LL7.
  • #4,288
  • Mar 20, 2014 2:12pm Mar 20, 2014 2:12pm
Quoting Nitsan_Levi
{quote} Thanks you man! And now something for those who want to learn on SMA Price down down then up and close above sma 32 and sma64 ....then it shold and go to a new low,,,it very nice strategy Now price again up and close above sma 32 and 64...and in the second close above them if there more sma from high time frame Like we have in the 2H chart...price shold get to sma200....to price 1340 ... I dont take it now but just you can see it and learn I add it. {image}
Hi Nitsan, thank u very much for the explanation... will plot the MAs into my chart and take note of the set up next time.. awesome.. thanks again
  • #4,289
  • Mar 20, 2014 2:17pm Mar 20, 2014 2:17pm
Quoting Landline
{quote} Hi Nitsan,I've been following this thread and your particular strategy with interest especially as your trading suggests that you have a precise method of identifying when to enter and exit your trades.You have given a brief outline of your method, however, your charts and explanation though are unclear to me as to how you arrive at your decisions and I respectfully ask if you would be so kind as to answer my questions below in order that I can understand and appreciate your rationale more clearly. (Soz btw if the questions seem dim and...
  • #4,290
  • Mar 20, 2014 2:21pm Mar 20, 2014 2:21pm
I'm inclined towards the downside now.
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Click to Enlarge Name: Gold 15M.png Size: 85 KB
To live a successful life, we must lose our fear of being wrong
  • #4,291
  • Mar 20, 2014 2:27pm Mar 20, 2014 2:27pm
Previous high still intact
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 15M.png Size: 80 KB
To live a successful life, we must lose our fear of being wrong
  • #4,292
  • Mar 20, 2014 2:31pm Mar 20, 2014 2:31pm
Quoting VonBoyan
{quote} sorry, what i meant was 50 has crossed the 200.. typo error.. sorry
well mine didnt pass yet dunno why it shows to u like that.
  • #4,293
  • Mar 20, 2014 2:34pm Mar 20, 2014 2:34pm
Quoting letscry
{quote} well mine didnt pass yet dunno why it shows to u like that.
yup.. ok sir.. just wanna to ask u that as i using small screen netbook.. your chart cabt be seen clearly on my screen..thank u
  • #4,294
  • Mar 20, 2014 2:36pm Mar 20, 2014 2:36pm
Daily close below 1329 will set my eyes on 1319-1309 tomorrow.
To live a successful life, we must lose our fear of being wrong
  • #4,295
  • Mar 20, 2014 2:41pm Mar 20, 2014 2:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 1M.png Size: 103 KB
To live a successful life, we must lose our fear of being wrong
  • #4,296
  • Mar 20, 2014 2:43pm Mar 20, 2014 2:43pm
Quoting EatPIPs
I'm inclined towards the downside now. {image}
Agreed...all t/f.... 15m - daily say sell to my mind at least for the time being
  • #4,297
  • Mar 20, 2014 2:47pm Mar 20, 2014 2:47pm
Quoting Landline
{quote} Agreed...all t/f.... 15m - daily say sell to my mind at least for the time being
This upside that we have seen today since NY session has not been strong enough to break the short-mid term down trend.

Especially coming to the end of the trading day.

Asia may take it up some but doubt it will last.

Pressure is onto the downside more IMO.

I've fired open some shorts for the night at 1330 - looking to hold them until the end of tomorrow or/if/when it gets below 1319. Of course this becomes invalidated if my stops get taken out overnight!
To live a successful life, we must lose our fear of being wrong
  • #4,298
  • Mar 20, 2014 2:50pm Mar 20, 2014 2:50pm
Asian session should be totally and utterly dead. Its a national holiday in Japan. Expect very thin volumes and possible weird spikes.
  • #4,299
  • Mar 20, 2014 2:58pm Mar 20, 2014 2:58pm
Quoting EatPIPs
{quote} This upside that we have seen today since NY session has not been strong enough to break the short-mid term down trend. Especially coming to the end of the trading day. Asia may take it up some but doubt it will last. Pressure is onto the downside more IMO. I've fired open some shorts for the night at 1330 - looking to hold them until the end of tomorrow or/if/when it gets below 1319. Of course this becomes invalidated if my stops get taken out overnight!
You could be right, I cant see a lot of activity personally one way or the other at present.

Although if I had a short concern, it would only be the rejection hammer bar on the 4hr chart...so im wary of that at mo, hence holding til i see a clearer picture, prob london open time for me i think....g/l on any shorts o/night tho, but bit too risky for me
  • #4,300
  • Mar 20, 2014 2:59pm Mar 20, 2014 2:59pm
Quoting EatPIPs
Previous high still intact {image}
ok for the next week with huge pressure after FOMC trend change action. anyway very short term/immediate term only perhaps with pressure for targets up intermediate /down ( 1032) long term remain intact , just some time pass .lets see .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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