Chances are good for a signal on next H1 for down.

Signals with Moving Averages

H1 Not showing anything yet, need another close/open. image

Signals with Moving Averages

Enough chit chatting. Now to wait for H1 to close.

Signals with Moving Averages

11 trades X 2500= 27500p in 9 trading days. At least one trade a day. 27500X $1= $27500. Extrapolate to 20 trading days = $50,000. Say you've got taken out on 7 of them at SL of 1000p you would still earned a handsome $25000 (13 X 2500 - 7 X 1000) ...

Signals with Moving Averages

H4 trades from 23rd of June: Massive pips; not one less than 2500p!! image

Signals with Moving Averages

Sorry, this one was for oil, but the argument remains the same.

Signals with Moving Averages

Sharp turns are required. Sloppy turns will bring you nowhere. In the end its for you decide what TF you're going to trade. I will cover only H1 and H4.

Signals with Moving Averages

So, what it boils down to is what you see on this line chart for H1. Also note the position of White/Blue. image Not many trades a day but all SOLID ONES.

Signals with Moving Averages

Being so close to H1 close, I would rather wait and see where black will ends.

Signals with Moving Averages

But turning to H4, look where Black is still hanging. image . . . and H1 too: image

Signals with Moving Averages

Going for a cup of tea. See later.

Signals with Moving Averages

In a pullback, will see if it comes down, it should go down beyond the close of previous candle. image

Signals with Moving Averages

image

Signals with Moving Averages

image

Signals with Moving Averages

If the trend continues down Black will hit the right spot to enter.

Signals with Moving Averages

M15 about to close, check black. What you see is normal; black not ready yet and as you can see market swings back up again and coming down again: image

Signals with Moving Averages

Enough of this, will check back in later.

Signals with Moving Averages

Here's what happened on M15 going down. You only need to check where Black is: image

Signals with Moving Averages

Let's check when M15 close.

Signals with Moving Averages

Back to gold - Yellow (closing price) turns down while Black stays put. Correct. We can now decide; are we going in when M15 close or wait for M30 to close or even for H1 to close. If you decide you're going to wait for hour you can still monitor ...

Signals with Moving Averages