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  • #81
  • Aug 16, 2021 9:14am Aug 16, 2021 9:14am
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  • #82
  • Aug 16, 2021 9:28am Aug 16, 2021 9:28am
Took a quick BB Reversal trade; after candle bar touch BB Band, TP for +15 pips. The reversed was good for 30 Pips, but need to be careful with it, as the price may pull up fast, as I am posting this, price already move up again, can't be greedy.
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  • #83
  • Aug 16, 2021 9:46am Aug 16, 2021 9:46am
open shorts at resistance
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The only constant is change
  • #84
  • Aug 16, 2021 10:34am Aug 16, 2021 10:34am
Quoting littspaniard
open shorts at resistance {image}
stop at even and set profit around 1782. Rest time
The only constant is change
  • #85
  • Aug 16, 2021 10:37am Aug 16, 2021 10:37am
Quoting littspaniard
{quote} stop at even and set profit around 1782. Rest time
Good luck! I have shorted 1784 targeting 1771
  • #86
  • Aug 16, 2021 12:14pm Aug 16, 2021 12:14pm
Quoting ChiForex
My view for Gold. I expected a move today toward 1745-54 as retracement but just reaching 1738 is suspicious. IMO that might be bullish on short term if it tries to hit those levels latter today, daily candle will form bullish for a higher retracement tomorrow or after toward first monthly resistance around 1780 Be aware that weekly candle not yet closed so only real hint for retracement is as high as around 1769 So now I'm monitoring the daily to base on besides how 4hr develops for further in advance possible hint. On downside 1700-05 seems the...
Cool down guys, everything under control. Within expected resistance range 1780-95
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #87
  • Aug 16, 2021 6:31pm Aug 16, 2021 6:31pm
Gold facing resistance today 1788-1794 and around 1800 would reject an advance if reached, put your SL on base above while on downside 1775 initial support to 1769 and 1756 should hold the pair, put your SL on base below.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #88
  • Aug 17, 2021 12:28am Aug 17, 2021 12:28am
Quoting fxmasterdxb
{quote} Good luck! I have shorted 1784 targeting 1771
Closed it @ 1787 with loss, gold could be heading to 1810 without meaningful retrace!
  • #89
  • Aug 17, 2021 1:34am Aug 17, 2021 1:34am
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we keep having to hedge the inner tl but the rise is getting smaller so it breaks the tl long or we just sell the rejection off the line again
  • #90
  • Aug 17, 2021 1:38am Aug 17, 2021 1:38am
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bear candle again . 1.sell tight stop . 2 sell on the cross of ema again stop on the top but more money risk
  • #91
  • Aug 17, 2021 1:47am Aug 17, 2021 1:47am
Quoting elbert3
{image} we keep having to hedge the inner tl but the rise is getting smaller so it breaks the tl long or we just sell the rejection off the line again
Suppose next level rejection will be around 1792 level, if break up, next will be at 1800 zone.
Unless it can hold it at 1792, and going south after 4Hr chart show the trend.
  • #92
  • Aug 17, 2021 1:59am Aug 17, 2021 1:59am
Quoting sleewc
{quote} Suppose next level rejection will be around 1792 level, if break up, next will be at 1800 zone. Unless it can hold it at 1792, and going south after 4Hr chart show the trend.
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it’s a long way from the 200 ema and big gaps in between them so if it goes it could be a big move
  • #93
  • Aug 17, 2021 2:02am Aug 17, 2021 2:02am
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watch for a bounce here 20 ema .
  • #94
  • Aug 17, 2021 2:11am Aug 17, 2021 2:11am
Quoting elbert3
{image} watch for a bounce here 20 ema .
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as above and flllipped it and a break tl . Will it false out to catch the stops . 8 pips above the line
  • #95
  • Aug 17, 2021 2:12am Aug 17, 2021 2:12am
Very tempting to Short, but as the H4 previous bar closed as engulfment, holding my thought at the moment. Current bar still have momentum to goes further north, if this "R" level broken, will goes to 1800 level.
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  • #96
  • Aug 17, 2021 2:16am Aug 17, 2021 2:16am
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took the tl off and the blue line was our breakout inner tl that’s as hedged black line resistance
  • #97
  • Aug 17, 2021 2:18am Aug 17, 2021 2:18am
Quoting erap
{image}
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  • #98
  • Aug 17, 2021 2:20am Aug 17, 2021 2:20am
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ok busy here . We now use a different look . S/r lines now added . Tl attraction at the bottom is 1.771
  • #99
  • Aug 17, 2021 2:48am Aug 17, 2021 2:48am
Quoting elbert3
{quote} {image} as above and flllipped it and a break tl . Will it false out to catch the stops . 8 pips above the line
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mmm again watch for bounce
  • #100
  • Aug 17, 2021 2:50am Aug 17, 2021 2:50am
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