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Gold

  • #54,421
  • Dec 3, 2024 9:12am Dec 3, 2024 9:12am
Buy low, Sell high
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Learn... Work Hard... Trade Alone
  • #54,422
  • Dec 3, 2024 9:12am Dec 3, 2024 9:12am
Quoting ZAR.trader
Am i the only one that feels that Scalping/Trading Gold is easier on 10/15M chart instead of lower time frames like 1/5 as its easier to see trend and momentum
If it works for you, great.

Personally I'm amazed if you can see a trend in this.
  • #54,423
  • Dec 3, 2024 9:17am Dec 3, 2024 9:17am
guys,
it will work??
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  • #54,424
  • Dec 3, 2024 9:40am Dec 3, 2024 9:40am
Quoting bharat98
guys, it will work?? {image}
Yeah... probably. We work based on probability... Which is our edge buddy. Hopefully.
Learn... Work Hard... Trade Alone
  • #54,425
  • Dec 3, 2024 9:43am Dec 3, 2024 9:43am
Very exhausted...Sell
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Holy Betting Grail strategy
  • #54,426
  • Dec 3, 2024 9:46am Dec 3, 2024 9:46am
40 being defended
50 is TP.
Korea going mad...war galore
  • #54,427
  • Dec 3, 2024 9:47am Dec 3, 2024 9:47am
This sell is not indecision... Who are on let it go...
I Will.... I think Will break my weekly pivot...
  • #54,428
  • Dec 3, 2024 10:04am Dec 3, 2024 10:04am
Quoting fxcontest
Very exhausted...Sell {image}
What a Day....Long again
Holy Betting Grail strategy
  • #54,429
  • Edited 10:24am Dec 3, 2024 10:05am | Edited 10:24am
I think gold should clearly move down and the weakness of the bulls appears, BUT price make higher highs and higher lows on 4h and probably will take 2688 high first.
in case LL i would go short..
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  • #54,430
  • Dec 3, 2024 10:32am Dec 3, 2024 10:32am
2643.56 in 1H TF wick or break above define de bias for the rest of the day...
Still believing on sell.
  • #54,431
  • Dec 3, 2024 10:47am Dec 3, 2024 10:47am
Next Music to play in 12 mins .. lets see what they wana do then ..
Candlesticks dont move markets, Volume does
  • #54,432
  • Dec 3, 2024 10:49am Dec 3, 2024 10:49am
Quoting Deal
2643.56 in 1H TF wick or break above define de bias for the rest of the day... Still believing on sell.
i agree, maybe Friday..
  • #54,433
  • Dec 3, 2024 10:49am Dec 3, 2024 10:49am
Quoting Deal
2643.56 in 1H TF wick or break above define de bias for the rest of the day... Still believing on sell.
Well, it seems stay bullish.
  • #54,434
  • Dec 3, 2024 11:05am Dec 3, 2024 11:05am
GOLD SELL 2648
SL : 2652
TP 1 : 2645
TP 2 : 2640
TP 3 : 2635
TP 4 : 2630
TP 4 : open
Success is not final, failure is not fatal... - Winston Churchill
  • #54,435
  • Dec 3, 2024 11:11am Dec 3, 2024 11:11am
Feel like now its the best time to call it a night on gold and come back tomorrow since volume starting to die down
  • #54,436
  • Dec 3, 2024 11:21am Dec 3, 2024 11:21am
STILL STRUGGLING TO FIND GOOD TRADE, BUT SOME GREEN PIPS CATCHED TODAY.
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  • #54,437
  • Dec 3, 2024 11:31am Dec 3, 2024 11:31am
Quoting saal
GOLD SELL 2648 SL : 2652 TP 1 : 2645 TP 2 : 2640 TP 3 : 2635 TP 4 : 2630 TP 4 : open
TP1

Follow my posts to trade smart.
Success is not final, failure is not fatal... - Winston Churchill
  • #54,438
  • Dec 3, 2024 12:01pm Dec 3, 2024 12:01pm
Tuesday Dec 3rd
Trade: Gold


Noticed a decent demand setup on the 15min time frame and set a limit order.
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Switched to the 5min TF and monitored PA, as well on the 1min TF after hitting TP1 pretty fast
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1min TF was playing around and making low wicks, but no top breaks -- so I moved my stop to half the original risk
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Price bounced again -- so I looked for a 1min high break indicating good momentum
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Hit TP2 after a little while
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And then TP3 for a nice win for the day
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Check out my journal where I log every trade.
https://www.forexfactory.com/thread/...-forex-futures
"What if I told you that this isn't the real life..."
  • #54,439
  • Dec 3, 2024 12:12pm Dec 3, 2024 12:12pm
Ranging markets
  • #54,440
  • Dec 3, 2024 12:16pm Dec 3, 2024 12:16pm
Quoting Mosese
Ranging markets
Had some good volume come in opening bell though
"What if I told you that this isn't the real life..."
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