so that leads me to look at the monthly goldusd. the ichimoku shows the difference to the ncm monthly.
the lines i drew from the daily got adjusted when i looked at the weekly, now they get adjusted again. simple 50% of a range.
this chart is bull trending. over bought but not really. all lines pointing up and in the right place and order. price getting close to a kiss with pink.
so after looking at the daily and seeing that it was dropping out of the cloud for a potential bear break out, now bull trending on the monthly. that tells me to know which t/f i am trading and treating the risk according to the t/f.
now i have the important levels i would move back into smaller t/f's and watch for break outs to these levels.
