what should be the target for a good trader??

you use it to confirm divergances at potential tops and bottoms on your timeframe, say 3 strikes at a divergance and your out

Then use a simple trendline to connect the lows to establish a trend. I've found, with gold when trading, best keep it simple

Third watch price action as it happens. Look at that huge spike, it destroyed previous highs on that time frame

well I did put the stop because on a balance of just $500 it was taking out $300+ with just $3 under my position so I thought I better started with less

I was actually right the first time. The stop I had to use it because it was a new Intraday Low, not just hourly

at moment , but cant wait to get onto the charts later. just wished i had loaded up some more yesterday

sure they teach Fibonacci and stochastics in some of the courses that Sean and the other guys here teach

dear bhai ap nay aik good sawal kiya hay g dear bhai aik achha kamyab trader bunnay kalay ap ko forex men aik achhee earning yanee invest or aik achee learning yanee forex kay baray men ilm donon ki ap ko bahut he sakhht zaroorat hotee hay g in donon cheezon kay bughair ap kamyab nahen ho suktay g

strategy now is ignoring the other time frames till the 1 hour reach the bottom then enter long by picking up a good entry on the 5 minutes

I will add one thing at the time, but as I said I do have long experience with equities but not too much into charting which obviously plays a great deal into forex

That's the problem with stochastics, trust me when I say that it can be pinned to the ceiling or floor longer than you

followed much the news because i am also trying to do some work on other things as I said but while the news can help bring a direction in the long term

So if your trading the 15min make sure you can watch the market for 6 hours min if you don't like to hold overnight

did the demo with Forex and in few trades I was up 60 % on the total...its not the same when you play with monopoly money you are not worried about stops so

Gold is traded by the most professional traders in the game, if we exceed the high by a couple bucks and the sellers are done