And not to mention NFP news release on Friday AM.

Carpe diem: Intraday tactics for Dax and Dow

Never a good idea to rely on just one TA technique to decide a possible market entry or exit. Today the ES futs closed up, so you would think that alone is good. For it and SPX. Except it closed below yesterdays' close and closed even further below ...

S&P500 trading

NFP is not till Friday. The first Friday of every month.

Nasdaq-Simple Intraday Strategy

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 ...

Nasdaq-Simple Intraday Strategy

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

Nasdaq-Simple Intraday Strategy

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

Nasdaq-Simple Intraday Strategy

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

Nasdaq-Simple Intraday Strategy

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.

Trading Trump Tweets and its after effects on Markets

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 ...

PA Trading with EMAs and common Sense

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?

PA Trading with EMAs and common Sense

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 ...

PA Trading with EMAs and common Sense

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) ...

PA Trading with EMAs and common Sense

Thread fizzling out already?

Only Gold (XAUUSD)

Reminder: NFP report tomorrow 8:30am NYTime

Only Gold (XAUUSD)

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

Only Gold (XAUUSD)

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.

Only Gold (XAUUSD)

$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 ...

Only Gold (XAUUSD)

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

Only Gold (XAUUSD)