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  • #51,941
  • Nov 15, 2024 8:30am Nov 15, 2024 8:30am
Quoting Jewel1996
{quote} Stop Loss hit GOLD Sell stop 2559.98 Stop loss 2571.12 Target 2537.79 4842740 {image}
This order was deleted. Gold traded above the proposed stop loss level
  • #51,942
  • Nov 15, 2024 8:39am Nov 15, 2024 8:39am
Quoting Jewel1996
{quote} Process. Practice. Patience. Profit
Proper Preparation Prevents Piss Poor Performance
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,943
  • Nov 15, 2024 8:46am Nov 15, 2024 8:46am
Quoting Lloyd628
{quote} Proper Preparation Prevents Piss Poor Performance
Pretentious Personality Pretentiously Profiting
  • #51,944
  • Nov 15, 2024 8:54am Nov 15, 2024 8:54am
More selling pressure is coming
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ryoiki tenkai : Blue Juggernaut
  • #51,945
  • Nov 15, 2024 8:58am Nov 15, 2024 8:58am
Quoting 69Doggy
{quote} What's the name of the volume indicator ??
It's just VWAP. The ones on the chart are Quarterly and Weekly.
The other is Volume Profile ofc. The ones on the chart are Quarterly, Monthly and Weekly.
I also use Flexible Volume Profile, in Tradingview it's called Fixed Range.
  • #51,946
  • Nov 15, 2024 9:20am Nov 15, 2024 9:20am
Quoting duksi
{quote} It's just VWAP. The ones on the chart are Quarterly and Weekly. The other is Volume Profile ofc. The ones on the chart are Quarterly, Monthly and Weekly. I also use Flexible Volume Profile, in Tradingview it's called Fixed Range.
First time seeing volume profiles, i've seen vwap and ma but each day I see how people trade differently that its almost so random but in clusters and the sample is about 10 million in the retail sector
  • #51,947
  • Nov 15, 2024 9:28am Nov 15, 2024 9:28am
so far so good
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  • #51,948
  • Nov 15, 2024 9:35am Nov 15, 2024 9:35am
Adding longs at '64.50 SL 2560 TP @2600
  • #51,949
  • Nov 15, 2024 9:43am Nov 15, 2024 9:43am
Greetings all Gold traders,

Just make your trading simple and you will profit the most. Above the pivot and vwap of the day is a buy but below the pivot and vwap of the day is a sell. Sharing this simple but profitable trading in Metal Commodities. Another rule, if that plays around in range of pivot and vwap then do not trade and observe how it will breakout or break down around the pivot. This will eliminate your guessing game; this can be your additional confirmation to your other strategy or indicators if you may have.

P.S. - This won't apply if there is any Major Economic news such as Non-Farm Payroll, CPI, Interest Rate Decision and other Federal Reserve Major Updates and World War News.
  • #51,950
  • Nov 15, 2024 9:50am Nov 15, 2024 9:50am
Quoting 69Doggy
{quote} First time seeing volume profiles, i've seen vwap and ma but each day I see how people trade differently that its almost so random but in clusters and the sample is about 10 million in the retail sector
Well, if I understood anything about the market it's that without volume there's no market we can speak of in the first place. I subscribe to volume, order flow and depth of market because it gives me insights with which I can work probability. I'm interested in seeing things behind the scenes, if you get me.
  • #51,951
  • Nov 15, 2024 9:50am Nov 15, 2024 9:50am
Bought a couple on the M1. Well, we'll see.


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  • #51,952
  • Nov 15, 2024 10:01am Nov 15, 2024 10:01am
Example: although we're technically still in a down trend, I see more buyers coming in, confirmed by CVD (Cumulative Volume Delta). This situation resonates with previous buyers who left the volume at around 2,545. It's telling me that it's more likely that buyers will be willing to defend this zone. Now what I would like to see is manipulation, maybe dropping price to some larger bids below absorbing sellers and shooting price upwards.
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  • #51,953
  • Edited 11:11am Nov 15, 2024 10:03am | Edited 11:11am
Happy weekend.

SL depends on it. Own risk (RRR). Targeting TP1 and TP2 and TP3

LTF: TFH1/M5
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Look right, we'll see the signs
  • #51,954
  • Nov 15, 2024 10:22am Nov 15, 2024 10:22am
Quoting dr.tradelove
Bought a couple on the M1. Well, we'll see. {image}
Stopped for a couple of pips.

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  • #51,955
  • Nov 15, 2024 10:37am Nov 15, 2024 10:37am
Quoting Durin
With Bullish bias, I'm watching the resistance at 2575. If we can break that, I see a clear path to 2600. The optimistic in me would love for a break through all the way to 2627 as the next major resistance (but I doubt that will happen today)
3 knocks on 2575 on H1 - resistance seems strong. 4th time the charm?
  • #51,956
  • Nov 15, 2024 10:54am Nov 15, 2024 10:54am
Quoting duksi
Example: although we're technically still in a down trend, I see more buyers coming in, confirmed by CVD (Cumulative Volume Delta). This situation resonates with previous buyers who left the volume at around 2,545. It's telling me that it's more likely that buyers will be willing to defend this zone. Now what I would like to see is manipulation, maybe dropping price to some larger bids below absorbing sellers and shooting price upwards. {image}
I agree, Monday could manipulate the low or the high of friday and tell us were gold wants to go. For me it is not ideal follow de breakout without confirmation. Usual in this kind of price action the true trend is the opposite of the breakout.
If anyone will hold any trade, i don't advise, i am expecting manipulation of the high or low of friday, but is just probabilities
  • #51,957
  • Nov 15, 2024 11:05am Nov 15, 2024 11:05am
We have a 5min 15 min sell signal waiting for 1hr sell then we are A for away
average dude treading water
  • #51,958
  • Nov 15, 2024 11:07am Nov 15, 2024 11:07am
Quoting Deal
{quote} I agree, Monday could manipulate the low or the high of friday and tell us were gold wants to go. For me it is not ideal follow de breakout without confirmation. Usual in this kind of price action the true trend is the opposite of the breakout. If anyone will hold any trade, i don't advise, i am expecting manipulation of the high or low of friday, but is just probabilities
I'm generally long biased since a correction was expected, I would even say the presidential election was in favour. A stronger zone than 2,545 is the volume around 2,345 but I'm not sure what would support such a correction.
  • #51,959
  • Nov 15, 2024 11:16am Nov 15, 2024 11:16am
Quoting duksi
{quote} I'm generally long biased since a correction was expected, I would even say the presidential election was in favour. A stronger zone than 2,545 is the volume around 2,345 but I'm not sure what would support such a correction.
The same for me and price have a little space to go down a little more, it miss the weekly support for now by some ticks. If we add the fact that yesterday respect a daily FVG, today we should have more bulls pushing up and we don't have that, just defending 2558.615 in 1 Hour. It donīt show me strong and now if 4 hour candle close below 2561.230 i will not be bullish anymore. I will wait for monday and tuesday show what it wants to do.
  • #51,960
  • Nov 15, 2024 11:49am Nov 15, 2024 11:49am
Quoting duksi
{quote} I'm generally long biased since a correction was expected, I would even say the presidential election was in favour. A stronger zone than 2,545 is the volume around 2,345 but I'm not sure what would support such a correction.
Waiting for corrective "ABC" is painful. But don't forget, what happens if corrective "C" is incomplete. If incomplete, means ((X)). If ((X)) is completed, another corrective WXY will come. Sometimes ABCDE ruined the corrective. Lots of corrective. Basic corrective (wave in wave) before 12345 controls the markets. IMO
Look right, we'll see the signs
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