Gold Mining - Using Each Trading Day's Trend | Page 24 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #461
  • Mar 13, 2020 5:32am Mar 13, 2020 5:32am
My projection... There is going to be gapping plays next week Monday if this order gets activated before market closes today.
Otherwise, my orders are not good till cancelled (GTC). They are closed an hour before my broker closes their market.
Learn... Work Hard... Trade Alone
  • #462
  • Mar 13, 2020 6:27am Mar 13, 2020 6:27am
Quoting BiteFX
My projection... There is going to be gapping plays next week Monday if this order gets activated before market closes today. Otherwise, my orders are not good till cancelled (GTC). They are closed an hour before my broker closes their market.
Yeah, sometimes nothing happens for hours and then we have big moves and again consolidation.
I sold Gold today as written and closed it at 1582.44, now waiting for price to confirm resistance 1588/1577 again for another sell down to 1572.
I hope we will have some actions today.
Always expect unexpected.
  • #463
  • Mar 13, 2020 6:32am Mar 13, 2020 6:32am
Quoting Skoljkica
{quote} Yeah, sometimes nothing happens for hours and then we have big moves and again consolidation. I sold Gold today as written and closed it at 1582.44, now waiting for price to confirm resistance 1588/1577 again for another sell down to 1572. I hope we will have some actions today.
I trust you... You are the scalping Gold miner.
Learn... Work Hard... Trade Alone
  • #464
  • Mar 13, 2020 6:35am Mar 13, 2020 6:35am
Quoting BiteFX
{quote} I trust you... You are the scalping Gold miner.
Thanks man.
Your analysis, trading and sticking with the plan are also amazing.
Always expect unexpected.
  • #465
  • Mar 13, 2020 6:51am Mar 13, 2020 6:51am
I entered sell at 1586.90 chickened out and exited it just before this fall.
Always expect unexpected.
  • #466
  • Mar 13, 2020 6:58am Mar 13, 2020 6:58am
Quoting Skoljkica
I entered sell at 1586.90 chickened out and exited it just before this fall.
Now, I'm waiting to see where the next resistance will be, if we have one. Maybe 1585?
Always expect unexpected.
  • #467
  • Mar 13, 2020 9:01am Mar 13, 2020 9:01am
Quoting Skoljkica
I entered sell at 1586.90 chickened out and exited it just before this fall.
Sorry bro... Better days lie ahead.
Learn... Work Hard... Trade Alone
  • #468
  • Mar 13, 2020 9:03am Mar 13, 2020 9:03am
I think today is a signal set up day.
Learn... Work Hard... Trade Alone
  • #469
  • Mar 13, 2020 9:04am Mar 13, 2020 9:04am
Quoting BiteFX
{quote} Sorry bro... Better days lie ahead.
Another 200 Pips Bro
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-03-13 at 7.33.08 PM.png Size: 8 KB
  • #470
  • Mar 13, 2020 9:06am Mar 13, 2020 9:06am
Up until now, my trades have not been activated.
I ain't bothered. 'cos right now, I know non-gold miners' accounts are being ripped apart.
Learn... Work Hard... Trade Alone
  • #471
  • Mar 13, 2020 9:08am Mar 13, 2020 9:08am
Quoting finnyjosh
{quote} Another 200 Pips Bro {image}
I believe you Finnyjosh...You rock...
Learn... Work Hard... Trade Alone
  • #472
  • Mar 13, 2020 9:10am Mar 13, 2020 9:10am
Quoting BiteFX
Up until now, my trades have not been activated. I ain't bothered. 'cos right now, I know non-gold miners' accounts are being ripped apart.
No doubts... There are gurus who buy and sell same day making this dollars... I think I am not one of them lol.
Learn... Work Hard... Trade Alone
  • #473
  • Mar 13, 2020 9:18am Mar 13, 2020 9:18am
Quoting BiteFX
I think today is a signal set up day.
I say this with my chart Update...Possible Inverse Head and Shoulders chart pattern.

A trading day without any definite direction will end up a daily doji candle. And that is a signal for the next trading day(s).
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200313_151312_747.jpg Size: 82 KB
Learn... Work Hard... Trade Alone
  • #474
  • Mar 13, 2020 9:30am Mar 13, 2020 9:30am
Quoting BiteFX
{quote} I say this with my chart Update...Possible Inverse Head and Shoulders chart pattern. A trading day without any definite direction will end up a daily doji candle. And that is a signal for the next trading day(s). {image}
In line with what Mr Candlestick himself-Steve Nison said, in his book-Japanese Candlestick Charting Techniques, "on set-up days you will have to wait for a confirmation the next day before you get into a trade'

I think I have found a trading system that does just that for me.
Learn... Work Hard... Trade Alone
  • #475
  • Mar 13, 2020 10:03am Mar 13, 2020 10:03am
Alright, I just entered a manual buy at 1563.87...Want to scalp some cents I guess.
Learn... Work Hard... Trade Alone
  • #476
  • Mar 13, 2020 10:04am Mar 13, 2020 10:04am
Quoting Skoljkica
Morning all. I think bears will continue dominating this day as well. If price breaks 1588.72, next target is 1593.80. Also possible 1605.17 But I don't see the strength. If not, down to 1572.28 again, and possible down to 1529.23 {image}
1572.28 is broken, will price come to 1529.23?
Honestly, I doubt, but you never know.
Attached Image
Always expect unexpected.
  • #477
  • Mar 13, 2020 10:05am Mar 13, 2020 10:05am
Quoting BiteFX
Alright, I just entered a manual buy at 1563.87...Want to scalp some cents I guess.
Beat me, I got in at 1564.2
  • #478
  • Mar 13, 2020 10:05am Mar 13, 2020 10:05am
Quoting BiteFX
Alright, I just entered a manual buy at 1563.87...Want to scalp some cents I guess.
Nice entry
Always expect unexpected.
  • #479
  • Mar 13, 2020 10:06am Mar 13, 2020 10:06am
Quoting BiteFX
Alright, I just entered a manual buy at 1563.87...Want to scalp some cents I guess.
Note... I am just following pure gut feeling. And not my trading system o.
Learn... Work Hard... Trade Alone
  • #480
  • Mar 13, 2020 10:07am Mar 13, 2020 10:07am
Quoting BiteFX
{quote} Note... I am just following pure gut feeling. And not my trading system o.
Often, that feeling is correct. You just need to know where will you exit.
Always expect unexpected.
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