MF Line System for Gold and EU Trading

EU H1 dropped sharply after US economic data

Gold increases as India keeps import tax unchanged

Gold H1 down yesterday after India decided to issue gold bonds

Have a good look at the chart you have just posted. No one profitable entry or exit signal generated. Gee Wizz

Everyone has different look and use of this indicator. Just for those who see it’s helpful.

Thanks anyway.

Update Gold H1

EU dropped after ECB Press Conference

Gold dropped sharply after US NFP on last Friday

Update Gold H1

EU keeps dropping as ECB’s QE started on Monday

Update EU after Mario Draghi’s speech on QE


EU D1 continued downward trend


Gold H1 has signal of upward trend

GOld increased due to conflict in Yemen

Gold H1 has signal of downward trend

EU H4 continued to drop

Vehatde,

Your continued updates of this indicator’s performance and your market comments related to fundamental events are much appreciated.

Have you developed a system or rules around this that show profit? Are you using it mechanically? What have your results been?

Again. Thanks for staying, especially after all the usual attacks and negativity. If there is one thing I have learned from trading forex for at least 9 years is that the one who succeeds will be the one who does something different than everyone else. I would be the last to say that what you are doing does not work.

Anyway, thanks for your comment.

This indicator is more useful if using together with other ones that i’m on the way to find them. However, i’m trading based not only on the indicator but also on my own fundamental analysis.

I just trade manually with small account, just to learn to analyze only.

Thanks and good luck friend!

EU H1 keep dropping on outlook of Fed delay interest rate hike this year

Update EU H1 today