Hi
Buy limit Gold @ 1316.50
sl: 1313.50 ( 30 pips )
tp: 1400 ( 835 pips )
RRR: 27.8
Risk: 4 %
Buy limit Gold @ 1316.50
sl: 1313.50 ( 30 pips )
tp: 1400 ( 835 pips )
RRR: 27.8
Risk: 4 %
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DislikedI got 2 minus order from yesterday I open because I thought the price will go up when I saw a divergence in MACD TF 5mins but the price didn't go up as I think so I open another order at 1323 to gain profit yet, the price still down. Right now I saw MACD divergence in TF 15,30,and 1 hour should I open buy another order when it reach 1310 ? in order to get green again pls help I'm a newbie for gold. Thanks in advance. {image} {image} {image} {image}Ignored
DislikedThey tell us never to try pick tops/bottoms Lets see if that myth can be busted by me. See chart attached for gold long. {image}Ignored
Disliked{quote} Could well be for the bottom for today. Whats your target?Ignored
DislikedGold price keep falling down non stop I got minus 2 orders this is not good at all.. Does anybody have stacking order like me is the price has a chance to go up ? I already noticed MACD divergence on TF 1 hour.Ignored
DislikedThings are looking good for us: 1) Wave 2 has struck 50% retracement of the prior advance (62% is better, but 50% is acceptable) as well as the 38% retracement of the July/August advance 2) internally to the last impulse down, a) end of wave 4 subdivides the wave into 38%/62% Fib sections b) wave 4 retraces 38% of wave 3 c) wave 3 is 1.618 times the length of wave 1 d) wave 5 = wave 1 3) Wave C (the last impulse down) is 1.618 times the length of wave A (the first wave from 1362 down to 1340) That is a textbook set of of EW conditionsIgnored
DislikedGold stopped at my preferred entry point of $1,306 so I have entered long. 8-hour RSI has hit support, though technically it needs a minor move down in this time period or at least a move sideways in the next to have hit the trend-line since it is derived by an average calculation. Stop is $1,302, just below repeated prior lows as indicated by the grey line. If this position holds, BoA's entry was very close. {image}Ignored
Disliked{quote} i have difficulty visualizing .can u please post a chart ? tkuIgnored
Disliked{quote} Draw some trend lines on those momentum indicators. It looks like at or near support to me.Ignored