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  • #32,921
  • May 20, 2024 8:50am May 20, 2024 8:50am
Quoting Ravenfeeder
Finally the drop! Can we see below 2400 today? That would be hella bearish!
majore move perhaps done today ! watching 2407 and 04 breaks for limit next test 2397 , so in that case 2400 at risk and 2392 possible even ! take care
checking other pairs move a little only , usdx morning view as test 104.04 still very active. so gold may bounce 2435+ toi have a bottoming effect arounds here , or over 2400! so take more care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #32,922
  • May 20, 2024 8:59am May 20, 2024 8:59am
Quoting SkullCandy
{quote} Well i trade ranges of sessions with correlations. Some points, prices is (was ) interesting to me, like also reversals, depends ofcourse on other factors. Ill put my chart will be easier to understand. To explain everything its hard in one or few posts. Cause im most of the time adjusting to the market itself lol, not today. For me losses are part of trading and i dont stress about them. Eventually results matters most {image}
Thank you for sharing knowledge

A few months ago, I decided to trade within a 15-minute time frame when the market formed a range. As soon as the market broke out of the range, I would open my position. However, I often noticed that as soon as the market broke out, for example to the upside, it would only go a few pips higher before reversing and moving against me with larger and faster-moving candles than the bullish candle. This made me feel quite bad, especially when the move was significant, but it seemed like market manipulators were just triggering our stop losses before entering their positions. That's why I had to stop trading this way.

Many times market takes a long time to break out of a range, and that was very frustrating.

It did not suit me.
  • #32,923
  • May 20, 2024 9:37am May 20, 2024 9:37am
Quoting fontu
{quote} majore move perhaps done today ! watching 2407 and 04 breaks for limit next test 2397 , so in that case 2400 at risk and 2392 possible even ! take care checking other pairs move a little only , usdx morning view as test 104.04 still very active. so gold may bounce 2435+ toi have a bottoming effect arounds here , or over 2400! so take more care {image} {image}
Excellent bearish effect we had lately. Hopefully the new Jefferson FED talk will soon also have it drop further, or if people jump into Copper? Also, If the Daily candler stays like it is now, or turns a bit red from dropping a bit lower, is it safe assume that we are Bearish tomorrow?
"Who Dares Wins"
  • #32,924
  • Edited 10:05am May 20, 2024 9:55am | Edited 10:05am
Quoting Ravenfeeder
{quote} Excellent bearish effect we had lately. Hopefully the new Jefferson FED talk will soon also have it drop further, or if people jump into Copper? Also, If the Daily candler stays like it is now, or turns a bit red from dropping a bit lower, is it safe assume that we are Bearish tomorrow?
hope so . if to bear so easily then 2427 limit up should not break soon! looking for it now ! breaks limit goes to 2436.lets see
testing 2424 channel high ! so a pullback to 2420 to see what reacts next !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #32,925
  • May 20, 2024 10:12am May 20, 2024 10:12am
My guess is for gold to test today's high later in the day.
  • #32,926
  • May 20, 2024 10:35am May 20, 2024 10:35am
If it falls without taking me in i gonna cry
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  • #32,927
  • May 20, 2024 10:47am May 20, 2024 10:47am
Quoting NolanFelix
If it falls without taking me in i gonna cry {image}
No entry because limit did not hit.
Now this level is usless for me so i deleted my limit order.
  • #32,928
  • May 20, 2024 10:53am May 20, 2024 10:53am
Perhaps a correction up to 2435? then further down? otherwise going back up to test the high?
  • #32,929
  • May 20, 2024 10:54am May 20, 2024 10:54am
Quoting NolanFelix
{quote} No entry because limit did not hit. Now this level is usless for me so i deleted my limit order.
too early to buy, wait for hour to close first.
  • #32,930
  • May 20, 2024 11:06am May 20, 2024 11:06am
Quoting Bakker
{quote} too early to buy, wait for hour to close first.
Another hour candle required to get a positive signal for up.
  • #32,931
  • May 20, 2024 11:23am May 20, 2024 11:23am
Quoting Bakker
{quote} Another hour candle required to get a positive signal for up.
Bro that was sell order
  • #32,932
  • May 20, 2024 11:27am May 20, 2024 11:27am
Quoting Mak0001
Perhaps a correction up to 2435? then further down? otherwise going back up to test the high?
Why it will go that high? How you are analysing let me see if you dont mind.
  • #32,933
  • May 20, 2024 12:02pm May 20, 2024 12:02pm
I was waiting at Friday's trend line to see the reaction and jump in after got the confirmation.Today's buy gave 150pips.
Bearish engulfing on H4.Hopefully tomorrow goanna look for sell if it respect the new m15 trend line...
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  • #32,934
  • May 20, 2024 12:10pm May 20, 2024 12:10pm
Quoting Bakker
{quote} Another hour candle required to get a positive signal for up.
Time to get in
  • #32,935
  • May 20, 2024 12:11pm May 20, 2024 12:11pm
Quoting NolanFelix
{quote} No entry because limit did not hit. Now this level is usless for me so i deleted my limit order.
I watch your positions Everyday. You’re doing great Buddy!
  • #32,936
  • May 20, 2024 12:13pm May 20, 2024 12:13pm
Quoting NolanFelix
{quote} Bro that was sell order
Don't know what chart you're looking at, I guess you are new to the game of trading
  • #32,937
  • May 20, 2024 12:24pm May 20, 2024 12:24pm
Last Ltf resistance is around 2430, else 2500
maybe tonight.
fast fall get answer quickly
  • #32,938
  • May 20, 2024 12:31pm May 20, 2024 12:31pm
Quoting Bakker
{quote} Don't know what chart you're looking at, I guess you are new to the game of trading
Closed trade at 300p profit, going to bed now, I'm an old timer.
  • #32,939
  • May 20, 2024 12:37pm May 20, 2024 12:37pm
Pullback over. 2472, 83, 2509 is coming.. holding buy
SURFER
  • #32,940
  • May 20, 2024 1:21pm May 20, 2024 1:21pm
Quoting Bakker
{quote} Don't know what chart you're looking at, I guess you are new to the game of trading
It's not a game; it's discipline, and if I am wrong, I just have to lose a few dollars—that's not the problem.
I am looking XAU/USD Trading view chart and mt5 chart
I am here to learn and I would be happy to learn how professional traders like you analyze these.
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