Corona distorted markets much... also helped GOLD muchLove gold going up as we talked and talked and not many believed
Now the "sky" is the limit... Sky=2000
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #54,284
- Feb 26, 2020 1:11pm Feb 26, 2020 1:11pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} I don't think news events distort markets, it's just all part of it. If you had been living under a rock for the past few decades and had no access to news but only your charts you would still be able to identify events and it all just becomes part of a pattern anyway.
), on daily, and weekly or more... In fact this is what gives the traders advantage if they react fast enough and understand the possible/predictable correlation of course... If you think this corona has no effect I won't try to convince you otherwise... Again, talking about daily, weekly aka short-term.. If you are talking about decades that might be another story...
Can you afford to take that chance?
- #54,286
- Feb 28, 2020 3:01am Feb 28, 2020 3:01am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#GOLD / H4 
- #54,290
- Mar 2, 2020 3:55am Mar 2, 2020 3:55am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#GOLD / Weekly 
- #54,291
- Mar 2, 2020 4:02am Mar 2, 2020 4:02am
I just trade gold and follow the trend to open buy order when candlestick show up trend and open sell trade when candlestick show down trend. SL 300pip and TP 300 ~ 500 pip.
It seen like work to me. able to reach trade ranking in top 10
Hope the momentum can continue until end of month.
I WANT BE GOLD KILLER. Will I？
It seen like work to me. able to reach trade ranking in top 10
Hope the momentum can continue until end of month.I WANT BE GOLD KILLER. Will I？
Always Positive
- #54,293
- Mar 3, 2020 2:26pm Mar 3, 2020 2:26pm
Gold going up like sky rocket. Anyone grab it? Happy pipping
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
- #54,294
- Mar 3, 2020 3:57pm Mar 3, 2020 3:57pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
{quote} Gold moves $65 in a day, thats a lot isn't it. Someone has a lot of money to play around with
- #54,295
- Mar 6, 2020 9:31am Mar 6, 2020 9:31am
- Joined May 2019 | Status: iTrade | 1,838 Posts
So the Fed's black out period begins tomorrow and over night the market started pricing in a 75 bps rate cut at the upcoming meeting. It's safe to say this Fed regime is deviating significantly from the previous ones where they guided the market right into their rate actions. There's going to be some heavy market volatility during the days leading up to the Fed decision amid all the uncertainty about what the Fed will do at the meeting. 
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return:
54.4%
- #54,297
- Mar 8, 2020 10:01pm Mar 8, 2020 10:01pm
- Joined Jan 2014 | Status: I think I'm getting the hang of it. | 253 Posts
First gold scalp of the day. +50 pips in 9 minutes and on Asian session. TP was on yesterdays high. Price broke above it and is currently retesting it.
Chart is using THV v3 system by Cobraforex
Chart is using THV v3 system by Cobraforex
Patience and Discipline, these are the Holy Grail.
- #54,300
- Mar 9, 2020 9:05am Mar 9, 2020 9:05am
- Joined Jan 2014 | Status: I think I'm getting the hang of it. | 253 Posts
First gold scalp of the day. +50 pips in 9 minutes and on Asian session. TP was on yesterdays high. Price broke above it and is currently retesting it. Chart is using THV v3 system by Cobraforex {image}
+21
+36
+45
+47
+51
+58
-38
-67
Patience and Discipline, these are the Holy Grail.