Attachments: Gold with No Drama

Gold with No Drama

#64,481
Jul 17, 6:01am (1 hr 12 min ago) Jul 17, 6:01am (1 hr 12 min ago)

Goldylocks
Joined Apr 2026 | Status: Trader | 130 Posts

Quoting mehtataarak6

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i think today bearish gold because dxy changes character ....

Ignored

us10y has more of a impact than DXY

both should be used together not just one this is what works well for me, With us10 still dropping and below the trend pattern and with gold at almost key levels I’d keep a close eye

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#64,482
Jul 17, 6:02am (1 hr 11 min ago) Jul 17, 6:02am (1 hr 11 min ago)

goldSteele
| Joined Jul 2026 | Status: Trader | 1 Post

Quoting mehtataarak6

Disliked

i think today bearish gold because dxy changes character .... jst pls prove me wrong

Ignored

i think so too. - ive been seeing bullish activity all day and hit my SL but the trend is our friend. trend says bearish. NY will reverse in a heartbeat. we saw that yesterday.

#64,483
Jul 17, 6:06am (1 hr 7 min ago) Jul 17, 6:06am (1 hr 7 min ago)

ElHuncho
| Joined Mar 2026 | Status: Trader | 331 Posts | Online Now

Quoting Rednose

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Hello traders, I´ve been following this thread for a while and like in so many other threads there are a lot of new traders that keep asking for tips or even entry signals, for those I would like to give you a tip that it´s not only "do your own analysis" but a practical one. The first thing you should decide is how big of a move are you trying to catch? second is how much are you willing to lose if you are wrong? the third is what is your framework? since you are "trading" meaning you are trying to buy or sell for a profit out of the price difference,...

Ignored

A good tip too is do is do a minimum of 3 time frame analysis NEVER just one. Ill give you an example 5min could be trending bullish but your buying on a HTF downtrend then boom 1 candle nuke wiped. Institutions actively hunt liquidity, people who tell you its a myth its not, retail is one of the most free money for a bank on the face of the earth do your HTF analysis before jumping straight in. I swing (not as big as others) but its still technically swing I do hold trades over night so my timeframes might be a little different to others my minimum is 1h so 1h,4h,1D,1W,1M that's the analysis I do but I think you get the picture DONT STAY on 1 timeframe it will bite you over and over.

#64,484
Jul 17, 6:08am (1 hr 5 min ago) Jul 17, 6:08am (1 hr 5 min ago)

ElHuncho
| Joined Mar 2026 | Status: Trader | 331 Posts | Online Now

Quoting Goldylocks

Disliked

{quote} us10y has more of a impact than DXY both should be used together not just one this is what works well for me, With us10 still dropping and below the trend pattern and with gold at almost key levels I’d keep a close eye {image}

Ignored

Unless your a swinger its good to look at 10Y but I suggest looking at 02Y more than 10Y still technically the same chart but its kind of less delayed data if that makes sense.

#64,485
Jul 17, 6:12am (1 hr 1 min ago) Jul 17, 6:12am (1 hr 1 min ago)

IKazer
| Joined Apr 2026 | Status: Trader | 152 Posts

Quoting Rednose

Disliked

Hello traders, I´ve been following this thread for a while and like in so many other threads there are a lot of new traders that keep asking for tips or even entry signals, for those I would like to give you a tip that it´s not only "do your own analysis" but a practical one. The first thing you should decide is how big of a move are you trying to catch? second is how much are you willing to lose if you are wrong? the third is what is your framework? since you are "trading" meaning you are trying to buy or sell for a profit out of the price difference,...

Ignored

I'm glad I finally got a more detailed reply. To be honest, I wasn't expecting such a good response, so thanks—I really appreciate it.
If you're interested, I mainly trade on the 1H timeframe. When I'm starting out, I try to use the smallest position size possible so any losses stay small. I don't focus too much on the lower timeframes because there's just too much information happening at once for me. On the 1H timeframe, I get a much better TP/SL ratio, and overall it feels more reliable to me.
I'd say I'm more of a scalper—I usually take a few pips and get out with a profit rather than holding trades for a long time.

#64,486
Jul 17, 6:13am (1 hr 1 min ago) Jul 17, 6:13am (1 hr 1 min ago)

Goldylocks
Joined Apr 2026 | Status: Trader | 130 Posts

Quoting ElHuncho

Disliked

{quote} Unless your a swinger its good to look at 10Y but I suggest looking at 02Y more than 10Y still technically the same chart but its kind of less delayed data if that makes sense.

Ignored

#64,487
Jul 17, 6:16am (57 min ago) Jul 17, 6:16am (57 min ago)

HumanAI
Joined Jun 2025 | Status: Trader | 626 Posts | Online Now

XAU/USD at $3,991 treats the $3,995–$4,000 zone as immediate intraday resistance, signaling that the buyers are struggling to maintain ground above the psychological $4,000 milestone.

The trading framework for the remainder of today's session is outlined below.

Intraday Structural Levels

Key Resistance Ceiling: $3,998 – $4,003
Current Market Price (CMP): $3,991
Immediate Support Level: $3,980 – $3,985
Deep Demand Zone: $3,960 – $3,965

Execution Strategies

Scenario A: The Micro-Pullback Short (Primary Setup)

Since momentum has shifted down from the $3,996 consolidation, selling a minor relief rally offers the tightest risk-to-reward ratio.

Entry Trigger: Sell on a brief retest of $3,995 – $3,997 if lower-timeframe (M5) rejection candles form.
Stop Loss (SL): $4,004 (placed safely above the psychological pivot ceiling).
Take Profit 1 (TP1): $3,981 (immediate support floor).
Take Profit 2 (TP2): $3,965 (extended daily liquidity target).

Scenario B: The Intraday Support Long (Aggressive Scalp)

If the price slides directly into the immediate support cluster without a pullback first, a countertrend bounce play is viable.

Entry Trigger: Buy a clean 15-minute bullish pin bar/engulfing candle inside the $3,980 – $3,983 zone.
Stop Loss (SL): $3,974 (below the local structural low).
Take Profit (TP): $3,994 (retesting the current price zone).

Scenario C: The Breakdown Continuation (Momentum Short)
If selling pressure accelerates rapidly, wiping out the immediate buyers.

Entry Trigger: Sell a decisive 15-minute candle close below $3,979.
Stop Loss (SL): $3,987
Take Profit (TP): $3,962

Risk Management Protocols

New York Volume: Protect your capital against volatile liquidity sweeps by keeping orders flat or tight 15 minutes before the US market open.
Risk Cap: Restrict total market exposure to 1% risk per trade.
Breakeven Rule: Manually shift your Stop Loss to entry price as soon as the trade yields +$4 (40 pips) in net profit.

“I can show you the path to successful trading - but YOU have to make a choice to follow it or not.” – Jay Lakhani, Forex Trader.

Trade Smartly Guys

@HumanAI

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What We Do in Life Echoes in Eternity.

#64,488
Jul 17, 6:16am (57 min ago) Jul 17, 6:16am (57 min ago)

Fnjb
| Joined Apr 2026 | Status: Trader | 133 Posts

I wanted to go long, but i only want to buy under 3950, it would be good if i could catch the spike.

#64,489
Jul 17, 6:16am (56 min ago) Jul 17, 6:16am (56 min ago)

mysticcanada
Joined Feb 2025 | Status: Trader | 162 Posts

Good Morning Fellow Traders!

Fridays are a no-trade day for me, unless the M30 picks up a move.
We may see this today if XAU drops below 3985 the algorithm will kick in.

This week has been excellent so far!
Improvements I could make are staying out of the way of the algorithm and NOT CLOSING EARLY.
There is almost always more to come in any sort of a big move.
Then after closing early, I'll see the move continue, and either have missed that portion, or FOMO get back in at a much lower R:R.

So that's been a lesson for me for a long time, you have to HOLD, and even with an algo, you want to grab that profit - even when it's only half done.

This is, for any newbies, the CORE PSYCHOLOGY and HARDEST HABIT TO BREAK and will be the ONE THING THAT HOLDS YOU BACK FROM TRUE SUCCESS.
* not holding to target and * holding onto losers (eg., proper risk management).
You are always more attached to losing positions and your brain is wired to worry about the 'sunk costs' of a losing trade far moreso than the potential profit of a winning trade. I of course KNOW THIS but in the heat of the moment it can be VERY HARD to overcome. That's why I wrote an algorithm to trade for me, but even with it running, I find myself closing trades early. I need to just leave the room and remember the backtested PF includes full stop outs, and full take profits, without my interference. This is pure psychology - trying to feel in control, trying to avoid loss, and the brain trying to save energy and avoid pain.
Once I've 100% overcome this ONE THING I can easily do 50% a day. Until then, only 20% per day.

Anyways just sharing this with you all. If you take serious trading courses they will tell you, this one thing is the hardest to overcome. You can overcome overtrading and do great analysis and be patient and disciplined, but not holding to target will be the death of a good trading career. Another way to look at this is when they say 'you can't go broke taking profit early' - NOT TRUE. Because of the psychology we all have, if you are a take-profit-early person, you will also be a holding-onto-losers person, which means you'll take full stop outs, but never full profits. This math will destroy you (or me) long term.

I hope that helps one person reading this. It sure has helped me. It's the one thing I still do wrong on occassion. And in this game, you can't make mistakes. You can have failed procedures, failed setups, but you cannot make mistakes.

Happy upcoming weekend to all! Success, good fortune to all.

... the True North, Strong and Free

#64,490
Jul 17, 6:17am (56 min ago) Jul 17, 6:17am (56 min ago)

fxcontest
Joined Jul 2011 | Status: Trader | 3,355 Posts | Online Now

Boredom Buster

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Holy Betting Grail strategy

#64,491
Jul 17, 6:19am (54 min ago) Jul 17, 6:19am (54 min ago)

mehtataarak6
| Joined May 2026 | Status: Trader | 155 Posts

stop order executed

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#64,492
Jul 17, 6:22am (51 min ago) Jul 17, 6:22am (51 min ago)

cameron777
| Joined Sep 2023 | Status: Trader | 205 Posts

Quoting fxcontest

Disliked

Boredom Buster https://youtu.be/ODibnTTuAco

Ignored

Respect the hustle, but you never show losses which is a massive part of trading

#64,493
Jul 17, 6:24am (49 min ago) Jul 17, 6:24am (49 min ago)

Onlyjuzz
Joined Jan 2026 | Status: Trader | 147 Posts

Quoting mysticcanada

Disliked

good morning fellow traders! Fridays are a no-trade day for me, unless the m30 picks up a move. We may see this today if xau drops below 3985 the algorithm will kick in. This week has been excellent so far! Improvements i could make are staying out of the way of the algorithm and not closing early. There is almost always more to come in any sort of a big move. Then after closing early, i'll see the move continue, and either have missed that portion, or fomo get back in at a much lower r:r. So that's been a lesson for me for a long time, you have...

Ignored

realest and very educative post!

#64,494
Jul 17, 6:25am (48 min ago) Jul 17, 6:25am (48 min ago)

fxcontest
Joined Jul 2011 | Status: Trader | 3,355 Posts | Online Now

Quoting cameron777

Disliked

{quote} Respect the hustle, but you never show losses which is a massive part of trading

Ignored

yeah some minor loses, but this is just for fun matter

Curious? Well, just let it be.

Holy Betting Grail strategy

#64,495
Jul 17, 6:26am (47 min ago) Jul 17, 6:26am (47 min ago)

mehtataarak6
| Joined May 2026 | Status: Trader | 155 Posts

the hell XAG in wedge or else it was breakout already

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#64,496
Jul 17, 6:28am (45 min ago) Jul 17, 6:28am (45 min ago)

ElHuncho
| Joined Mar 2026 | Status: Trader | 331 Posts | Online Now

Quoting mysticcanada

Disliked

Good Morning Fellow Traders! Fridays are a no-trade day for me, unless the M30 picks up a move. We may see this today if XAU drops below 3985 the algorithm will kick in. This week has been excellent so far! Improvements I could make are staying out of the way of the algorithm and NOT CLOSING EARLY. There is almost always more to come in any sort of a big move. Then after closing early, I'll see the move continue, and either have missed that portion, or FOMO get back in at a much lower R:R. So that's been a lesson for me for a long time, you have...

Ignored

Most of the time the best trade you can ever take is no trade at all