I moved my TP to 2322. It seems that is where it should touch the bottom side of the channel in 6 or 7 H4 candles from now. It depends how long it takes to get there, Tomorrow we will know better,

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What TF chart do you scalp?

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OK. Please let us know if you spot any Butterflies flying. Thanks.

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Pedro, if everything goes according to script, there should not be any important bounces. The 10 EMA should definitely not cross the 20 until after we arrive at the 2330 TP sometime tomorrow Afternoon/Evening. After that there should be retests of ...

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Excellent work !!! Please explain what steps you are following for Entries and Exits. Thanks,

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Here is the view on the H4 chart. The H4 TMA (Magenta) is still short of the bottom band of the D1 TMA (Blue). The drop starting now will head for the opposite band of the White channel at around 2330. This will allow the H4 TMA to overlap the ...

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Here is the H1 Gold Chart, The H1 TMA (Gray) has turned and is above the H4 TMA (Magenta) higher band. Price should start the third drive down soon to the opposite channel wall around 2330.

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Hi Elliottway, I am always willing to listen and learn something new. Go ahead with your strategy explanation.

Gold

This is the GU Daily chart. The three drives up were completed. My Extreme TMA system tells me that we may get a bounce of 90 to 100 points to 124+ before a strong move down of possibly 500 pips in the next couple of months to the opposite band of ...

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So how many positions do you generally have open in a major drop? 1 or 2?

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There is hidden divergence in M30 and H1, so there could be one more jump to the 2404 area before the collapse. Not neceessary but possible...

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Did you close your nibble long? I closed mine at 2390. Took quite a ride since yesterday with it.

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I closed yesterday´s long with you at 2390. Thanks.

Gold

I will sell more Gold as it goes higher if it does. When it drops, I will sell more on retouches of the M30 TF 10 EMA as usual. Edit: Actually I was early. I did not wait for the EMA cross. I always enter trades in 5 parts so I will open the second ...

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Sold Gold at 2377- TP 2331

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Yes, they must be Nike...

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H1 inverted head and shoulders. Target 2402 if triggered. Also 10 EMA is now crossing 20 EMA.

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I don´t think it is available in mobile.

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I don´t know, Pedro. I don´t run MT5. You should try it and see. It is a gem of an indicator.

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Sorry, for some reason it is not allowing me to upload the Preset file, so here is the Input image instead.

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