Gold Mining - Using Each Trading Day's Trend | Page 39 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #761
  • Mar 24, 2020 6:44am Mar 24, 2020 6:44am
Quoting Skoljkica
{quote} First scenario is played, let's next one If price falls down to 1594.66 (23.6% QS) I will enter long with TP 1610.74/1617.31
Until I wrote this, price went down to 1589.49 (100% WS).
Still waiting for 1594.66 as a potential buy.
Always expect unexpected.
  • #762
  • Mar 24, 2020 6:49am Mar 24, 2020 6:49am
I think 1600 psychological level will be retested.
So, I am placing a sell limit there.
Learn... Work Hard... Trade Alone
  • #763
  • Mar 24, 2020 6:54am Mar 24, 2020 6:54am
Quoting BiteFX
I think 1600 psychological level will be retested. So, I am placing a sell limit there.
It is possible for price to go higher
Always expect unexpected.
  • #764
  • Mar 24, 2020 7:01am Mar 24, 2020 7:01am
Quoting Skoljkica
{quote} It is possible for price to go higher
Am just risking this thing there...1600 is a strong psychological level. Anything can happen there.
But, today is bullish no doubts.
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  • #765
  • Mar 24, 2020 7:08am Mar 24, 2020 7:08am
Quoting BiteFX
{quote} Am just risking this thing there...1600 is a strong psychological level. Anything can happen there. But, today is bullish no doubts.
The last two candles were rejected at this level... A very big battle is going on there right now.
Learn... Work Hard... Trade Alone
  • #766
  • Mar 24, 2020 7:10am Mar 24, 2020 7:10am
Quoting Skoljkica
{quote} First scenario is played, let's next one If price falls down to 1594.66 (23.6% QS) I will enter long with TP 1610.74/1617.31
Wasn't able to enter it, missed this train because of tight SL and big spread.
Always expect unexpected.
  • #767
  • Mar 24, 2020 7:18am Mar 24, 2020 7:18am
Quoting Skoljkica
{quote} Wasn't able to enter it, missed this train because of tight SL and big spread.
Oh! You saw the massive spread? I think anywhere the market is going to breakout to, it will be a major collapse.
Learn... Work Hard... Trade Alone
  • #768
  • Mar 24, 2020 7:20am Mar 24, 2020 7:20am
My sell limit is activated at 1600... But am down -7USD massive spread today bro.
Trade Still on though.
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  • #769
  • Mar 24, 2020 7:22am Mar 24, 2020 7:22am
Quoting BiteFX
{quote} Oh! You saw the massive spread? I think anywhere the market is going to breakout to, it will be a major collapse.
Spread is 20 pips, my SL was 15 on the script
Always expect unexpected.
  • #770
  • Mar 24, 2020 7:23am Mar 24, 2020 7:23am
Quoting Skoljkica
{quote} Spread is 20 pips
Here, it vacilates between 70-80pips.
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  • #771
  • Mar 24, 2020 7:27am Mar 24, 2020 7:27am
Quoting Skoljkica
{quote} Spread is 20 pips, my SL was 15 on the script
You run an EA?
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  • #772
  • Mar 24, 2020 7:31am Mar 24, 2020 7:31am
Quoting BiteFX
{quote} You run an EA?
For Gold I have buy and sell script.
For other symbols EA which puts automatic SL and TP. But if I enter the trade in gold with one click trading, EA will put SL and TP
Always expect unexpected.
  • #773
  • Mar 24, 2020 7:37am Mar 24, 2020 7:37am
Quoting Skoljkica
{quote} For Gold I have buy and sell script. For other symbols EA which puts automatic SL and TP. But if I enter the trade in gold with one click trading, EA will put SL and TP
That's cool...
Learn... Work Hard... Trade Alone
  • #774
  • Mar 24, 2020 7:38am Mar 24, 2020 7:38am
We'll need the US Flash Manufacturing PMI to be above 50 for our sell to bring us money today.
Learn... Work Hard... Trade Alone
  • #775
  • Mar 24, 2020 7:41am Mar 24, 2020 7:41am
Quoting BiteFX
We'll need the US Flash Manufacturing PMI to be above 50 for our sell to bring us money today.
But, has coronavirus not tampered the result? I wonder.
Learn... Work Hard... Trade Alone
  • #776
  • Mar 24, 2020 7:46am Mar 24, 2020 7:46am
The battle at 1600...a huge collapse is coming!
Learn... Work Hard... Trade Alone
  • #777
  • Mar 24, 2020 7:51am Mar 24, 2020 7:51am
Quoting BiteFX
{quote} But, has coronavirus not tampered the result? I wonder.
Well there are many new cases and deaths in USA, so I am not sure are we going to have better news...
Always expect unexpected.
  • #778
  • Mar 24, 2020 7:52am Mar 24, 2020 7:52am
Quoting BiteFX
The battle at 1600...a huge collapse is coming!
Too bad there is huge spread, there are so many opportunities to trade, but it is just impossible.
Always expect unexpected.
  • #779
  • Mar 24, 2020 8:03am Mar 24, 2020 8:03am
Quoting Skoljkica
{quote} Well there are many new cases and deaths in USA, so I am not sure are we going to have better news...
Woooooooow! Bad news
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  • #780
  • Mar 24, 2020 8:11am Mar 24, 2020 8:11am
Quoting BiteFX
{quote} Woooooooow! Bad news
Great news for you.
We will see, I am trying to figure out how these happenings in the world are affecting upcoming news, but sometimes it doesn't have connections one with another.
And sometimes results don't impact the way I thought it should.
Always expect unexpected.
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