EURCAD H4 Long ,,,still got AU running from yesterday

Mr. Scott's Crayon Thread

Good morning Chris

Mr. Scott's Crayon Thread

It looks like I won't get a chance to trade GC as I have a class in 45 mins. I'm in AU short so I guess thats me done for today. Lots of pips to all!!!!!

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,,, glad your Gold is doing well Tom

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I'm waiting to short AU too

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I'm watching 14 pairs at the moment. I'm trading a miniscule account which can handle these large spikes ,,,, but,,,, when I start trading a bigger account then I will review the pairs to trade . For now, I need to see if the way I'm trading is ...

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,, oh good ,,, because I'm hoping to go long GC

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,,,is that a short Scott?

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,,,yes I know what you mean Scott ,,,, its one of those indies that throws up signals and you don't know whether you're going or coming,,,,, I have abandoned it before ,,, but I always come back to it lol

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,,, yes I have used the angle before,,,, the indie was chewing up too much of my CPU. I'm actually doing ok at the minute. I try and filter the crosses as much as I can and so far my losses are minimal but obviously I need to continue at this rate ...

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,,, I'm terrified of Gold

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,,,, closed that +6. I didn't see the momentum I expected so I'll wait and watch

Mr. Scott's Crayon Thread

I don't really have enough positive trades to be able to give a definitive answer to your question Davit. However, I believe trends start in the small timeframes and work their way to the larger timeframes. I believe a 5 minute TDI cross carries as ...

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,,,and to make matters worse,,, when I took the trade the TDI was crossed up and now its crossed down ,,lol so you would be tempted to go short. I took the cross up above the 50 line, as a strong sign to go long once I was happy with my Support.

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My trigger timeframe depends where my Support and Resistance is at the time of trade.

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GBPCAD H1 Long ,,,, I have gone long before Resistance expecting PA to fly past it,,,,, I've got a dodgey platform so I've put on a Trailing Stop in case PS turns at Resistance and my platform freeezs again

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,,,cheers Scott ,,, just entered a long on GC seeing as it didn't want to go short but my platform has frozen,,, again,,,so I can't post a chart

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Thankyou Mr Scot . Its really great being here

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,,closed all positions GU +56, GZ +58, GA + 68, GC -14

Mr. Scott's Crayon Thread