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Gold Mining - Using Each Trading Day's Trend

  • #181
  • Mar 8, 2020 7:33am Mar 8, 2020 7:33am
Quoting BiteFX
Alright, this can run on both PC and Phones. This is for Monday's Trade.(Going forward, I will upload daily the Fibonacci Values so that we input it and can be on same page during market analysis). Market must move in one of two directions, Up or Down. Hence, the use of two Fibonacci Retracements. 23.6, 38.2, and 61.8 were deleted to give a better effect during trading and making trading decisions.(I just thought that those levels after close observation, do not necessarily matter as they make the chart clustered). Gold is big runner, and as such,...
To be traded on the H1 Time Frame.
Thank you.
Learn... Work Hard... Trade Alone
  • #182
  • Mar 8, 2020 5:41pm Mar 8, 2020 5:41pm
Quoting BiteFX
{quote} To be traded on the H1 Time Frame. Thank you.
Dear mister BiteFX. Today is volatile market on gold. I make profit 3000 pips a few minutes buying gold. I'm sorry.

I use my own analysis, buying gold at demand zone.
This is my first time I apply gold trading.

Please becareful on SHORT ing gold. Its not good. Good day fellas
I do not recommend anything, please blame me not. Thanks
  • #183
  • Mar 8, 2020 6:06pm Mar 8, 2020 6:06pm
Quoting MattZander
{quote} Dear mister BiteFX. Today is volatile market on gold. I make profit 3000 pips a few minutes buying gold. I'm sorry. I use my own analysis, buying gold at demand zone. This is my first time I apply gold trading. Please becareful on SHORT ing gold. Its not good. Good day fellas
Hello fellas...
I give some tips using fibonacci trick. Practice this at demo account. Good luck. Remember to trade by the trend
Attached Image (click to enlarge)
Click to Enlarge Name: Polish_20200309_060239689.png Size: 188 KB
I do not recommend anything, please blame me not. Thanks
  • #184
  • Edited 6:53pm Mar 8, 2020 6:19pm | Edited 6:53pm
March 09, 2020.
Market was a Bullish doji on Friday on the daily Time Frame with both Bulls and Bears digging it out. No doubt today will be fun.

Today started with a gap up, to where both Bullish trendlines are crossed at 1st Sell. Meaning bulls are getting exhausted following Friday's Doji Candle fight.

With the ranges given today on our Fibo Levels, the gap (Window) has to be closed downwards. And in doing that, good money will be made.

So, trade Idea... Looking to short 2nd Sell.

(Parameters Checked)
Chart updates will follow as market progresses.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200309_004255_953.jpg Size: 101 KB
Learn... Work Hard... Trade Alone
  • #185
  • Mar 8, 2020 6:24pm Mar 8, 2020 6:24pm
Quoting MattZander
{quote} Dear mister BiteFX. Today is volatile market on gold. I make profit 3000 pips a few minutes buying gold. I'm sorry. I use my own analysis, buying gold at demand zone. This is my first time I apply gold trading. Please becareful on SHORT ing gold. Its not good. Good day fellas
No doubts... As long as you are making money...
That is the essence of this Thread.
Let's keep the ideas rolling in and the money will follow us.
Thanks MattZanander. Keep us posted with your view always, it is welcomed.
Learn... Work Hard... Trade Alone
  • #186
  • Mar 8, 2020 6:31pm Mar 8, 2020 6:31pm
Quoting BiteFX
{quote} No doubts... As long as you are making money... That is the essence of this Thread. Let's keep the ideas rolling in and the money will follow us. Thanks MattZanander. Keep us posted with your view always, it is welcomed.
I will try to post updates on my view and analysis.
Also tips and trick...

I do not use any indicator... No RSI, no moving average, nothing at all.
Good luck, also i still compare my analysis to you bites and skolj...

We all still learn
I do not recommend anything, please blame me not. Thanks
  • #187
  • Mar 8, 2020 6:54pm Mar 8, 2020 6:54pm
Quoting MattZander
{quote} I will try to post updates on my view and analysis. Also tips and trick... I do not use any indicator... No RSI, no moving average, nothing at all. Good luck, also i still compare my analysis to you bites and skolj... We all still learn
Wow! That's great.
Learn... Work Hard... Trade Alone
  • #188
  • Mar 8, 2020 7:03pm Mar 8, 2020 7:03pm
I had some shorts running from Friday that I didn't close in time.
So, with today's gap up I have some chances of closing them with a profit if the gap(window) is closed.
Nothing is 100% in Forex.
Anything is possible!
Learn... Work Hard... Trade Alone
  • #189
  • Mar 8, 2020 7:09pm Mar 8, 2020 7:09pm
Quoting BiteFX
March 09, 2020. Market was a Bullish doji on Friday on the daily Time Frame with both Bulls and Bears digging it out. No doubt today will be fun. Today started with a gap up, to where both Bullish trendlines are crossed at 1st Sell. Meaning bulls are getting exhausted following Friday's Doji Candle fight. With the ranges given today on our Fibo Levels, the gap (Window) has to be closed downwards. And in doing that, good money will be made. So, trade Idea... Looking to short 2nd Sell. (Parameters Checked) Chart updates will follow as market progresses....
Once Price starts to trade on the right side of those bullish(Green) trend lines, we should see some down side movement.
Other wise, no peace for sellers.
Learn... Work Hard... Trade Alone
  • #190
  • Mar 8, 2020 7:16pm Mar 8, 2020 7:16pm
Quoting BiteFX
Alright, this can run on both PC and Phones. This is for Monday's Trade.(Going forward, I will upload daily the Fibonacci Values so that we input it and can be on same page during market analysis). Market must move in one of two directions, Up or Down. Hence, the use of two Fibonacci Retracements. 23.6, 38.2, and 61.8 were deleted to give a better effect during trading and making trading decisions.(I just thought that those levels after close observation, do not necessarily matter as they make the chart clustered). Gold is big runner, and as such,...
Ctrl B opens object list... Then, input the following for today. (Parameters corrected)
BEARISH FIBO- 1674.954, 1670.735
BULLISH FIBO- 1670.735, 1674.954
PIVOT- 1672.84
Learn... Work Hard... Trade Alone
  • #191
  • Mar 8, 2020 7:44pm Mar 8, 2020 7:44pm
Gold has reached it's 1700 level. To the top, this is a Psychological Resistance.
We should expect more drama from here.
Learn... Work Hard... Trade Alone
  • #192
  • Mar 8, 2020 8:36pm Mar 8, 2020 8:36pm
Im waiting a big move downward.
Later i will try trading gold...
Im new in gold. Gold is very risky
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Polish_20200309_083417671.png Size: 172 KB
Click to Enlarge Name: Polish_20200309_083333749.png Size: 192 KB
I do not recommend anything, please blame me not. Thanks
  • #193
  • Mar 8, 2020 8:45pm Mar 8, 2020 8:45pm
Quoting MattZander
Im waiting a big move downward. Later i will try trading gold... Im new in gold. Gold is very risky {image} {image}
As expected
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200309-084511.png Size: 154 KB
I do not recommend anything, please blame me not. Thanks
  • #194
  • Mar 8, 2020 9:45pm Mar 8, 2020 9:45pm
I deeply apologize for showing my trading analysis using non gold usd pair.

I just want to share my trading strategy that use 70% fibonacci rules.

Later i will post gold analysis only.

As shown in my previous analysis gold is moving uptrend in long term period. In short term it has probability to hit demand zone.

There is gap? Yes. But it has to retest fibo 261% or even more fibo 423% (weekly resistance).

Thats my opinion. BiteX im very open to hear your critic and as i said im stupid trader (edit)
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-09 09.40.59.jpg Size: 349 KB
I do not recommend anything, please blame me not. Thanks
  • #195
  • Mar 8, 2020 9:53pm Mar 8, 2020 9:53pm
Quoting BiteFX
{quote} Ctrl B opens object list... Then, input the following for today. (Parameters corrected) BEARISH FIBO- 1674.954, 1670.735 BULLISH FIBO- 1670.735, 1674.954 PIVOT- 1672.84
Im expecting a bullish to move the market to retest resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-09 09.50.06.jpg Size: 374 KB
I do not recommend anything, please blame me not. Thanks
  • #196
  • Mar 8, 2020 9:58pm Mar 8, 2020 9:58pm
Quoting BiteFX
Gold has reached it's 1700 level. To the top, this is a Psychological Resistance. We should expect more drama from here.
BiteX this is your thread... if you said that i need to shut up... i will shut up...
Im sorry my analysis against you biteX. Later compare mine to yours
I do not recommend anything, please blame me not. Thanks
  • #197
  • Mar 8, 2020 10:35pm Mar 8, 2020 10:35pm
Quoting MattZander
{quote} BiteX this is your thread... if you said that i need to shut up... i will shut up... Im sorry my analysis against you biteX. Later compare mine to yours
MattZander... you're funny.
I like the way you mix fun with trading.
You're really welcome here..
Learn... Work Hard... Trade Alone
  • #198
  • Mar 8, 2020 10:37pm Mar 8, 2020 10:37pm
Alright, Gold now trading on the right side of the bullish trendlines.
I hope to see a solid head and shoulder chart pattern.
The right side should be forming at 1st Sell.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200309_043149_393.jpg Size: 109 KB
Learn... Work Hard... Trade Alone
  • #199
  • Mar 8, 2020 10:43pm Mar 8, 2020 10:43pm
MattZanander... both of us can never see the chart from the same point of view always. But, as long as we are making money, we on the same page.
Learn... Work Hard... Trade Alone
  • #200
  • Mar 8, 2020 10:52pm Mar 8, 2020 10:52pm
Quoting BiteFX
Alright, Gold now trading on the right side of the bullish trendlines. I hope to see a solid head and shoulder chart pattern. The right side should be forming at 1st Sell. {image}
I expect a bullish pull back at Pivot P-1672.84.
Then a sell Limit awaits at 1st Sell.
Learn... Work Hard... Trade Alone
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