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Re: Ataglance2 post# 17780

Thursday, 12/20/2007 7:48:07 PM

Thursday, December 20, 2007 7:48:07 PM

Post# of 42555
Well I guess that's one of the drawbacks in writing novels....u either read right over the important stuff....or dont read it at all...lolol

My strat is so simple that there's really no need to be posting all those fancy schmancy charts as many of you Guru's do here.

OK....one more time....& I'll go w/my newly adopted Cliff Note version here...or at least do my best....

All I do is try & find 'reasonable' tops or bottoms on the 1, 5, 15, 30 min & 1 hr charts....after that then it's only a matter of staying w/in my genl trend theory of shorting the greenback & long gold. If a trade happens to present itself on the other side (long greeny & or short gold) then I try & be extra conservative w/the entries.

Been doin this pretty much now for over 4 months w/a few minor deviations from time to time.

So really that's all it is....I know it sounds overly simplistic but it has been working now for a fairly respectable amt of time.

Or as Toto (the group) would say....it's "holdin the line"...or at least keepin pace w/the seasoned vets around this joint ;)~







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