Recent content by charles2

The longer you watch your chosen time frames, Price action / Pattern Recognition in my opinion gives you a basis / foundations of the start of a clear trading strategy. With reoccurring patterns happening on the charts again and again, using lagging indicators are no use at all.

I believe FX4 nailed it, in my case i worked on a method/ strategy to give me levels of high probability of sell and buy areas not using any lagging indicators, but using pattern recognition with a predictive indicator on a chosen pair and time frames. This strategy is TA of sorts but not found...

Its down to pattern recognition , the candles are painted ,if you know where to look.

For me, it was time

Sounds like a plan.

Can I ask, what is giving you the entry signal to enter a trade?

You are right, gold can be challenging, a strict Technical strategy is needed, ( in my opinion ) as trading fundamentals for me is not possible as the swing moves are to large and defiantly unpredictable.

Are you trading XAUUSD ?

$2599 now ,may go to $3000 but does it matter, as a day trader I wont to know where its going in the next hour.

When Trading Newsquawk

Hi Kewin, I think we all would be happy if you did share your experiences in trading with us.

Sharky, Sorry to hear, and hope all is ok.

Hi Sharky, I said in post on the 22nd i am unable to be there (England v Ireland ) game on the 9th , but hope the meetup and meal goes well. Hopefully make the next meetup.

blackhaz , No more posts from you . Sounds like the 9th is going to be a blast, wish i was there.

Bonus ,,great.