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  • #45,541
  • Oct 2, 2024 3:12pm Oct 2, 2024 3:12pm
i am a newbie but my advise is if you see JPY trade then trade t against 1 currency like today GJ got up for 254 pips at the same time UJ and AJ also got up in that range but i am long on 1 pair because it is all because of weak JPY and not because the others are strong. so in short enter 1 currency pair.
i am telling you this because that thing happened to me a few times.
hope that helps.
Mastering chaos, one trade at a time.
  • #45,542
  • Oct 2, 2024 3:32pm Oct 2, 2024 3:32pm
Quoting Orand
{quote} what about Indices vs currency pair? I never traded Indices.
Indices have more favoured direction.

Quoting Aala
{quote} Could you perhaps elaborate more on the pros and cons of each of the two assets' trading?

I think indices have levels that one can use. And you can quite easily put a sl of 50, 100 points to gain also about 100 points or more.

For indices trading I use most 1 H chart. And then you can most time get 1, 2 trades to gain 50 , 100 points.

There is something wrong with Gold I don’t understand maybe I don’t use 1 H enough and want to trade very often instead of that one chance. Maybe the fast movement of US30 gives more options.
  • #45,543
  • Oct 2, 2024 3:45pm Oct 2, 2024 3:45pm
Quoting AUsome
{quote} Never look at JPY then you wont know about the big moves, in the past I have felt the same on gold where I can’t help myself but to jump in. Even to this day I catch myself doing it, so I say if you want to avoid it, avoid it! If you don’t see big moves you wont be tempted to jump in
good thing i closed the trade. otherwise, it would hurt the account balance much more. hope i will able to recover some of lose till the end of the month.
  • #45,544
  • Oct 2, 2024 4:35pm Oct 2, 2024 4:35pm
Gold - 03/10/2024
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  • #45,545
  • Oct 2, 2024 4:46pm Oct 2, 2024 4:46pm
Gold - 15min

Let c where breakout happen up side or down
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  • #45,546
  • Oct 2, 2024 10:55pm Oct 2, 2024 10:55pm
Quoting Hulkisbck
Gold - 15min Let c where breakout happen up side or down {image}
in between range not break any side
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  • #45,547
  • Oct 2, 2024 11:41pm Oct 2, 2024 11:41pm
Quoting AUsome
{quote} Never look at JPY then you wont know about the big moves, in the past I have felt the same on gold where I can’t help myself but to jump in. Even to this day I catch myself doing it, so I say if you want to avoid it, avoid it! If you don’t see big moves you wont be tempted to jump in
Agree... for me JPY pairs Bad News!!!
Impossible is what you don't try....
  • #45,548
  • Oct 2, 2024 11:58pm Oct 2, 2024 11:58pm
Quoting Tintin2014
i am so sad. this month i made 15% profit with gold. then somehow i tocuhed the jpy pair and messed up. mind somehow got disturbed by seeing big lose and then open some random gold trade and messed up again. now this month i am down 19%. idk i always say to me never touch jpy pair but when see big price movement cannot control myself. any suggestion how to fix this problem?
1st of all you are not alone and many traderrs have this problem , You might even have ADHD , try to understand root of your problem which is unique to you, what caused you to touch jpy ? Observe what are the triggers for your actions, the solution is understanding yourself which is very very hard for some ppl and if you have ADHD is even harder.
  • #45,549
  • Oct 2, 2024 11:58pm Oct 2, 2024 11:58pm
Quoting Orand
{quote} add long at : 2657 Sl : 2653 Tp : 2670(may close manually ) ------------------- Sl updated for other 2 positions (total risk will be 10pip now) ----------------'
closed all 3 at 2658
  • #45,550
  • Edited 10:01am Oct 3, 2024 12:06am | Edited 10:01am
Short at: 2656
Sl : 2660(closed at 2557)
Tp : 2651
------------------------
add short at 2654.50
Sl : 2660(closed at 2557)
Tp : 2652.50
-------------------------
Long at : 2656
Sl : 2651(sl hit )
Tp : 2661
------------------------
Add long at 2654.50
Sl : 2651(sl hit )
Tp : 2658
-------------------------
long at : 2648
Sl : 2644(sl changed to 2643)(sl moved to 2639)
Tp : open(close at 2651)
--------------------
Add long at 2645
Sl : 2643(sl moved to 2639)
Tp : 2649(close at 2651)
------------------
TodayStatus so far : (-10pip,-25pip,-35,-50,60,30) , Total : -30pip
Today Win Ratio : 2/6 or %33
  • #45,551
  • Oct 3, 2024 12:20am Oct 3, 2024 12:20am
Quoting Orand
{quote} 1st of all you are not alone and many traderrs have this problem , You might even have ADHD , try to understand root of your problem which is unique to you, what caused you to touch jpy ? Observe what are the triggers for your actions, the solution is understanding yourself which is very very hard for some ppl and if you have ADHD is even harder.
Great quote.
  • #45,552
  • Oct 3, 2024 12:45am Oct 3, 2024 12:45am
I'm almost certainly sure we're going down and will start adding Shorts soon.

TP will be at around 2600$ or around 2545$.

H4 is making it clear we're about to dive hard. Lower TFs which are almost meaningless when looking for the bigger moves will support that view.

We'll reach these prices this week, because we're probably going to see escalation during the weekend and that is when the PMs will start to rally again.
  • #45,553
  • Oct 3, 2024 1:07am Oct 3, 2024 1:07am
I'll probably start adding Shorts when this H4 closes because EU and GB session is a pile of shit lately, so the price shouldn't move too far and I also need H4 to close 2 mm below the prior one to confirm it to me 100% that price is going down.
  • #45,554
  • Oct 3, 2024 1:33am Oct 3, 2024 1:33am
Quoting Orand
Short at: 2656 Sl : 2660 Tp : 2651 ------------------------ add short at 2654.50 Sl : 2660 Tp : 2652.50
add short at : 2654.50
Sl : 2660
Tp : 2652.50
  • #45,555
  • Edited 2:10am Oct 3, 2024 1:47am | Edited 2:10am
Quoting Orand
Short at: 2656 Sl : 2660 Tp : 2651 ------------------------ add short at 2654.50 Sl : 2660 Tp : 2652.50
Failed close both at : 2657
---------------------
Long at : 2656
Sl : 2651
Tp : 2661
--------------------
Add long at 2654.50
Sl : 2651
Tp : 2658
  • #45,556
  • Oct 3, 2024 1:50am Oct 3, 2024 1:50am
Quoting Silver-King
I'll probably start adding Shorts when this H4 closes because EU and GB session is a pile of shit lately, so the price shouldn't move too far and I also need H4 to close 2 mm below the prior one to confirm it to me 100% that price is going down.

H4 also looks bullish to me.

I think that the market is undecided now, so I will not trade anything long or midterm just some 1 min scalps or something...
  • #45,557
  • Oct 3, 2024 1:55am Oct 3, 2024 1:55am
Look like we got to tap 668 before moving on..
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  • #45,558
  • Oct 3, 2024 2:29am Oct 3, 2024 2:29am
I’m buying
@2650
sl 2640
tp open
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Behind Every Chart Lies An Opportunity Waiting To Be Uncovered.!!!
  • #45,559
  • Edited 3:23am Oct 3, 2024 2:34am | Edited 3:23am
long at : 2648
Sl : 2644(sl changed to 2643)(sl moved to 2639)
Tp : open
--------------------
Add long at 2645
Sl : 2643(sl moved to 2639)
Tp : 2649
------------------
  • #45,560
  • Oct 3, 2024 2:36am Oct 3, 2024 2:36am
Quoting NrSLionHeart
{quote} H4 also looks bullish to me. I think that the market is undecided now, so I will not trade anything long or midterm just some 1 min scalps or something...
Bearish.
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