Seeking consistency

order removed when price reached 1.32 05 (+60pips or 2X risk)

daily timeframe long, 20ema holding as dynamic support around 1.07 25
4H timframe is indicating short (ma order), but has printed hammer shape candle indicating potential strength at daily 20ema
order placed with entry 1.07 75 (50pip risk) 1.07 25 stop and target at previous highs of 1.10 00 (225 pip reward) R=4
However if price action indicates this to be too ambitions a target, last week high of 1.08 40 gives +65, just over R=1

Order has been opened and price has subsequently moved to 1.08 25 (+50). I have therefore moved my stop to breakeven and will decide on how to trail it depending on the price action if it reaches this weeks highs of 1.07 70

Decisive break and now retracing. 4H support looks to be 1.07 45, so I have moved stop up to 1.07 30 (locking in 55pips, 1 X risk)

daily trend is up. 4H is ranging (ma's flat and frequently crossing)
last daily candle was 'hammer-like' indicating rejection of lower prices and that the D20ema is acting as dynamic support for price
I have placed an order long @ 50% of yesterdays candle, which I will cancel if this weeks highs are taken out
Order to open long @ .82 90 stop .82 40 (risk=-50pips) target Aug'11 highs .85 50 (reward=+260pips) R=5

Yesterdays candles for Gold and Silver indicate strong rejection of lower prices and that the Daily 20 exponential moving averages (red) are acting as dynamic support

Anticipate price moving sideways / higher over the next week providing it remains above yesterdays low

Mondays trading has seen price 84.27 surpassed last weeks highs 84.20 and so I have cancelled this order

daily trend is up (4hour is down)
price is retracing toward 38.2% fib of previous major daily up swing (Nov - Feb)
previous daily swing low at 1.05 90 (30Jan12)
ascending trend line (23Nov11, 29Dec11) 1.05 60

watching for price to enter the yellow box and price action on 4hourly & or daily time-frame indicating strong rejection of lower prices, providing an entry trigger back into uptrend to recent highs at 1.07 80
all time highs of 1 10 40 (Nov 96)