Well done. I wonder how many short positions Trump and his cronies had this time?

Gold

Calm yourself. It's only a minor retracement. It's gotta go 10,000 pips before it stops being a bull market.

Gold

Depends on what is happening. No point having a 200 pip stop loss on gold currently while its whipping back and forth all day. You just take loss after loss. Other days you need a tight stop.

Gold

The zones exist because retail traders always put thousands of entries and stop losses in those areas, because they think the price will bounce. Sometimes it does and they will make a bit of profit, but far more often they will get ripped straight ...

Gold

Money, Nothing else. Big banks and financial institutions put around 90% of the money through the market. They don't care what your lines on a chart say. It's not a coincidence that 95% of traders use support and resistance/ trend lines, and 95% ...

Gold

Because supply and demand doesn't exist in forex.

Gold

Absolutely zero reason for us to drop this far. news is as expected and priced in. Screams of a liquidity sweep before a big move in the Asian session.

Gold

Here comes the fakeout to the downside.

Gold

Sticking to your strategy is the best way to win at this game bud.

Gold

Legend!

Gold

Remember that gold and Dollar can (and frequently) go up together. Gold is strong based on upcoming interest rate decision and middle east news. Those factors can both cause gold and dollar to rise at same time.

Gold

Been in a 100 pip consolidation zone since 11am GMT. I expect price to break below this shortly to catch out the sellers, then go long for the evening. Risky though, stay safe.

Gold

Weird how there was a huge amount of buying volume during the UK session (closed for bank holiday) yet now during the US session there is no buy or sell volume.

Gold

His Style is different than yours I guess. Some people place 1 trade a month, some scalp 500 trades a day. If it works, no issues.

Gold

Hey buddy, not at all. I think of my method as discretionary. I look at the 4 hr and daily trend, then wait for retracements with lower volume than the last move up or down. When it starts to exhaust I will enter with the trend. Sometimes I also ...

Gold

Gotta love the banks. They sat out until the end of the afternoon, then BOSH!

Gold

That's why trading is so hard. Nobody has any idea what will happen, we just trade our own edge as best we can. I see really low volume on the buy side and have done all week. I'm actually amazed that she hasn't fallen like a stone already. Long ...

Gold

Might take a loss for the day. The sell plan clearly hasn't worked out as none of the big players are playing, just lots of the retail squad burning each others fingers.

Gold

I was agreeing with you, but obviously a language barrier issue.

Gold