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  • #42,001
  • Sep 10, 2024 11:46pm Sep 10, 2024 11:46pm
So basically everyone thinks that the market is going up and consequently they will buy.

And when everyone buys, where do you think the price will go ???
  • #42,002
  • Sep 11, 2024 12:05am Sep 11, 2024 12:05am
gold will bullish soon...
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  • #42,003
  • Sep 11, 2024 12:11am Sep 11, 2024 12:11am
Another H4 failed to close above 2520$. Let's see this one right now.
  • #42,004
  • Sep 11, 2024 12:12am Sep 11, 2024 12:12am
Quoting determinato
{quote} First sign of failed reversal was price not taking 2470 Second sign was last weekly sweeping BSL after missing out on 2470 What’s crazy is the fact that as long as price is above 2500 we are bullish, todays CPI should come in red so the fed cuts is more aggressively priced in, minimum 50bps cut incoming by the looks of it. Someone said no big move until FOMC and I fully agree.
It could be we are actually in a Range...
  • #42,005
  • Sep 11, 2024 12:14am Sep 11, 2024 12:14am
Quoting Whale
{quote} Imo we need 4h below 2500 (equilibrium) again for potential midterms short Short term is 2510. Price above it, sideline or long while your balls shaking because you may bought the highs.
We'll see..
  • #42,006
  • Sep 11, 2024 12:18am Sep 11, 2024 12:18am
Quoting Silver-King
{quote} It could be we are actually in a Range...
bro, can't you see liquidity above resistance zone??
I think market will break all time high, take some liquidity and chance to fall down.
  • #42,007
  • Sep 11, 2024 12:20am Sep 11, 2024 12:20am
Quoting NrSLionHeart
So basically everyone thinks that the market is going up and consequently they will buy. And when everyone buys, where do you think the price will go ???
It's actually the other way around.
People who have been buying, have been making money consistently. Buying pullbacks, lows, lower lows and lower lower lows.
The others trade a pullback and its like they won the lottery.
Buyers also take profits move stops and keep reloading, got it?
We watch the charts from every angle so you don't have to!!
  • #42,008
  • Sep 11, 2024 12:21am Sep 11, 2024 12:21am
Quoting GlolbTrader
{quote} bro, can't you see liquidity above resistance zone?? I think market will break all time high, take some liquidity and chance to fall down.
If by liquidity you mean SLs, then yeah.
  • #42,009
  • Sep 11, 2024 12:42am Sep 11, 2024 12:42am
Quoting Silver-King
{quote} If by liquidity you mean SLs, then yeah.
Oof you figured out what liquidity is, congratulations

but yeah stops and new orders
Fate goes ever, as fate must.
  • #42,010
  • Sep 11, 2024 12:46am Sep 11, 2024 12:46am
Quoting GlolbTrader
{quote} bro, can't you see liquidity above resistance zone?? I think market will break all time high, take some liquidity and chance to fall down.

Is there liquidity? Or just maybe buy - limits
  • #42,011
  • Sep 11, 2024 12:59am Sep 11, 2024 12:59am
Quoting determinato
{quote} First sign of failed reversal was price not taking 2470 Second sign was last weekly sweeping BSL after missing out on 2470 What’s crazy is the fact that as long as price is above 2500 we are bullish, todays CPI should come in red so the fed cuts is more aggressively priced in, minimum 50bps cut incoming by the looks of it. Someone said no big move until FOMC and I fully agree.
yes, buy on rumor and sell on news
  • #42,012
  • Sep 11, 2024 1:14am Sep 11, 2024 1:14am
Quoting determinato
{quote} Oh no what happened?
over leveraged
im just happy it happened right after a big withdrawal, id be in a hole crying rn
  • #42,013
  • Sep 11, 2024 1:17am Sep 11, 2024 1:17am
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been getting chopped up lately bc of price ranging in this area
consolidation definitely isnt my cup of tea
  • #42,014
  • Sep 11, 2024 1:17am Sep 11, 2024 1:17am
Maturing In trading is realizing that it’s not everyday you should trade XAUUSD . But today I can’t ignore this buy setup. It’s been brewing on the 1D timeframe for a long time now .
ryoiki tenkai : Blue Juggernaut
  • #42,015
  • Sep 11, 2024 1:21am Sep 11, 2024 1:21am
At the top of the three week range again. Now we wait for the CPI.
It has been quite a lucrative range.
  • #42,016
  • Sep 11, 2024 1:21am Sep 11, 2024 1:21am
2525 is excellent level to collect some!!
We watch the charts from every angle so you don't have to!!
  • #42,017
  • Sep 11, 2024 1:21am Sep 11, 2024 1:21am
Quoting determinato
{quote} Oof you figured out what liquidity is, congratulations but yeah stops and new orders
Yeah. Sorry, I'm not trading for 200 years like other folks and have a job, so I can't fully turn to trading. Baby steps!
  • #42,018
  • Sep 11, 2024 1:22am Sep 11, 2024 1:22am
Quoting addicttrader
{quote} over leveraged im just happy it happened right after a big withdrawal, id be in a hole crying rn
Mine is 1:500, I trade as if it’s 1:100 only use my leverage to average out positions to bail myself for a bad entry!

If you’re trying to grow a small account, remember consistency and to compound - only way to grow your account.

Hope you come back again stronger though!
Fate goes ever, as fate must.
  • #42,019
  • Sep 11, 2024 1:25am Sep 11, 2024 1:25am
Quoting pedro319
2525 is excellent level to collect some!!
no way.. i was collecting only swaps because i was shorting all the 4h candles
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #42,020
  • Sep 11, 2024 1:35am Sep 11, 2024 1:35am
Seems like this H4 will close above 2520$ and that is the last Resistance on my chart.

Congratulations Bulls!

I'll liquidate Shorts if I get a wick down on CPI.
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