what does one mean by median monthly price? adding on that why do people use moving averages/vwap as a means for price to retrace? can someone explain why price does come back to a 9/20/50/100 day moving average and bounce off it like whats the ...

Gold with No Drama

can Deal just make a thread of his strategy and so it can be studied thoroughly by newbies

Gold with No Drama

yep that makes sense thanks

Gold with No Drama

no way does Deal actually use the null hypothesis and statistical significance in his trades, school maths actually coming through

Gold with No Drama

i was having the same discussion with a friend, why would they dump so much on big volume just to fill it again

Gold with No Drama

I see a descending triangle in that image :x --> target 5120 maybe lower?

Gold with No Drama

can you explain why the 4h 50% is significant

Gold with No Drama

great trades aleena, for yesterday and now today

Gold with No Drama

could also break to the upside

Gold with No Drama

what if your broker doesnt allow hedging time to change? lol

Gold with No Drama

my advice would be put your trade position on trading view, and watch it closer to your stop loss, when it hits enter then .. most likely your placing stops right above/below recent highs/lows which is where a lot of other people are also doing the ...

Gold with No Drama

i think imma wait till 4950 and look for buys

Gold with No Drama

Yeah agreed, thanks a lot for the reality check. Needed it.

Gold with No Drama

also just saw your edit and that is exactly what led me to an 8% loss, i risked 1% for a 2% gain... and even though I was in profit for most of these trades (atleast 1:1 RR), gold swung back towards my SL which I don't usually move... I got swept ...

Gold with No Drama

Thanks a lot for this very sound advice. I don't mind taking it slow at all, I want to ensure I pass and yeah your right I might have over-risked and supported those bad habits so its good I've learnt that lesson early on

Gold with No Drama

yeah i know bad form...

Gold with No Drama

been trading with 1 lot size on XAUUSD ...

Gold with No Drama

yeah do you reckon i should change RR to 1:1 (from 1:2 currently) and risk 0.5% ($250) -- gold cooked me this week icl also i dont think the challenges are that hard if you have good risk management ... and you pay before the test and get refunded ...

Gold with No Drama

who else is excited for ny btw guys i need help... on a 50k funded i passed step 1 and for step 2 im down 8% , 2 more and my accounts blown... whats the best way to recover in terms of risk management

Gold with No Drama

and i second that lol, im also out, goodnight all take care, safe trades

Gold with No Drama