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Gold Mining - Using Each Trading Day's Trend

  • #601
  • Mar 17, 2020 10:21am Mar 17, 2020 10:21am
Quoting BiteFX
Computing today's profit and loss account, I had a whooping 420pips profit. Thank you.
Great job
  • #602
  • Mar 17, 2020 10:29am Mar 17, 2020 10:29am
Quoting QuantaMath
Hi BiteFX thanks for your effective threads I am interested in your insight in price action 442 pips is my today profits
Wooooohhhw! That's massive bro.
You are really doing great!
Learn... Work Hard... Trade Alone
  • #603
  • Mar 17, 2020 10:32am Mar 17, 2020 10:32am
Quoting QuantaMath
Hi BiteFX thanks for your effective threads I am interested in your insight in price action 442 pips is my today profits
My pleasure...If you are subscribed to me or this thread, you will get them promptly.

Meanwhile, you are welcomed here, let's mine gold together.
And We Stay Alive
Learn... Work Hard... Trade Alone
  • #604
  • Mar 17, 2020 10:33am Mar 17, 2020 10:33am
Quoting Sluggazn
{quote} Great job
Thanks man...
Learn... Work Hard... Trade Alone
  • #605
  • Mar 17, 2020 10:37am Mar 17, 2020 10:37am
Quoting BiteFX
{quote} Wooooohhhw! That's massive bro. You are really doing great!
Thanks
  • #606
  • Mar 17, 2020 10:46am Mar 17, 2020 10:46am
Quoting QuantaMath
{quote} Thanks
My pleasure
Learn... Work Hard... Trade Alone
  • #607
  • Mar 17, 2020 12:16pm Mar 17, 2020 12:16pm
Bulls got to 1550 psychological level, and the bears were more than ready to send them back down to P.
By tomorrow, new parameters will tell us what to do, where to look out for trades and which direction.

Till then, We Stay Alive guys.
Learn... Work Hard... Trade Alone
  • #608
  • Mar 17, 2020 1:27pm Mar 17, 2020 1:27pm
Hi guys, great trading this week
I will be posting less this week because of private obligations, but I will try to find more time.

I think gold could move more up since all this uncertainty with virus.
If price finds support at 1533.53, until the end of the week up to 1585.03, maybe even earlier.
Otherwise, down to 1513.86 and then we will see what next.
Attached Image
Always expect unexpected.
  • #609
  • Mar 17, 2020 6:15pm Mar 17, 2020 6:15pm
Wednesday March 18, 2020.

Yesterday, Bulls closed above P which was a bullish signal.

Today,
With chart giving a bullish pennant formation and more so, trading above P,
Red trend lines broken upwards, and Green trend lines facing upwards, we have a bullish day.

Trade Idea...Buy S, P, R
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200317_225336.jpg Size: 70 KB
Learn... Work Hard... Trade Alone
  • #610
  • Mar 17, 2020 6:19pm Mar 17, 2020 6:19pm
Fibonacci Parameters
BEARISH FIBO-1543.67, 1498.61
BULLISH FIBO-1498.61, 1543.67
PIVOT-1521.14
Download template from first post, first page.
Learn... Work Hard... Trade Alone
  • #611
  • Mar 17, 2020 6:21pm Mar 17, 2020 6:21pm
Quoting BiteFX
Wednesday March 18, 2020. Yesterday, Bulls closed above P which was a bullish signal. Today, With chart giving a bullish pennant formation and more so, trading above P, Red trend lines broken upwards, and Green trend lines facing upwards, we have a bullish day. Trade Idea...Buy S, P, R {image}
Talking about this...
S-Limit order
P-Limit order
R-Stop order

We Stay Alive today guys.
Learn... Work Hard... Trade Alone
  • #612
  • Mar 17, 2020 9:25pm Mar 17, 2020 9:25pm
Quoting BiteFX
{quote} My pleasure...If you are subscribed to me or this thread, you will get them promptly. Meanwhile, you are welcomed here, let's mine gold together. And We Stay Alive
Much appreciated.
let's mine gold together.
  • #613
  • Mar 17, 2020 11:12pm Mar 17, 2020 11:12pm
Verticals Dashed Lines:
Yellow: Sydney Open
Purple: Tokyo Open
Red: Frankfurt Open
Green: London Open
Blue: NY Open

Timezone is EET
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 74 KB
  • #614
  • Mar 18, 2020 12:28am Mar 18, 2020 12:28am
My levels for today. Im hoping to see 1507, but im gonna start looking for entries from daily pivot
Attached Image (click to enlarge)
Click to Enlarge Name: Capture+_2020-03-18-07-17-25.png Size: 466 KB
  • #615
  • Mar 18, 2020 2:32am Mar 18, 2020 2:32am
Quoting Sluggazn
My levels for today. Im hoping to see 1507, but im gonna start looking for entries from daily pivot {image}
Nice one bro....today is a really funny day.
Learn... Work Hard... Trade Alone
  • #616
  • Mar 18, 2020 2:33am Mar 18, 2020 2:33am
Quoting Skoljkica
Hi guys, great trading this week I will be posting less this week because of private obligations, but I will try to find more time. I think gold could move more up since all this uncertainty with virus. If price finds support at 1533.53, until the end of the week up to 1585.03, maybe even earlier. Otherwise, down to 1513.86 and then we will see what next. {image}
Morning all
Price went down to 1507.78 (50% WS) and is now below 1513.86 (61.8% WS/WR)
We can see on H1 chart on that price there was resistance yesterday and on Monday.
If price is going up, first resistance is 1521.38, second 1533.53
It it is going down, first support 1494.19
Attached Image
Attached Image
Always expect unexpected.
  • #617
  • Mar 18, 2020 2:38am Mar 18, 2020 2:38am
Quoting Skoljkica
{quote} Morning all Price went down to 1507.78 (50% WS) and is now below 1513.86 (61.8% WS/WR) We can see on H1 chart on that price there was resistance yesterday and on Monday. If price is going up, first resistance is 1521.38, second 1533.53 It it is going down, first support 1494.19 {image}{image}
Morning Skoljkica, great analysis!
Learn... Work Hard... Trade Alone
  • #618
  • Mar 18, 2020 2:56am Mar 18, 2020 2:56am
Market has gotten to S.
I expect an upward move from here.
Chart seems to have completed the fourth wave at S, and then the fifth wave to resume impulse movement upwards.
Learn... Work Hard... Trade Alone
  • #619
  • Mar 18, 2020 2:58am Mar 18, 2020 2:58am
Quoting BiteFX
Market has gotten to S. I expect an upward move from here. Chart seems to have completed the fourth wave at S, and then the fifth wave to resume impulse movement upwards.
This is Forex, anything is possible!
I am always wrong until the market says am right.
Learn... Work Hard... Trade Alone
  • #620
  • Mar 18, 2020 3:00am Mar 18, 2020 3:00am
Quoting BiteFX
Market has gotten to S. I expect an upward move from here. Chart seems to have completed the fourth wave at S, and then the fifth wave to resume impulse movement upwards.
are you already in at S (1498)?
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