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Gold Mining - Using Each Trading Day's Trend

  • #981
  • Apr 1, 2020 2:11am Apr 1, 2020 2:11am
Quoting Skoljkica
Is 1561.10 reachable today to sum up the month? Tomorrow is new month, new Fibo lines... {image}
Yesterday price didn't reach 1561.10 but went down to 1567.84
Attached Image
Always expect unexpected.
  • #982
  • Apr 1, 2020 2:13am Apr 1, 2020 2:13am
I'm still expecting price until the end of the week to reach 1537.61, but first let it be bullish for a while, up to 1599.29 where I will consider entering sell.
Attached Image
Always expect unexpected.
  • #983
  • Apr 1, 2020 2:22am Apr 1, 2020 2:22am
Quoting Skoljkica
I'm still expecting price until the end of the week to reach 1537.61, but first let it be bullish for a while, up to 1599.29 where I will consider entering sell. {image}
But, if price finds 1599.29 as a support, up to 1622.85
Always expect unexpected.
  • #984
  • Apr 1, 2020 2:25am Apr 1, 2020 2:25am
fought pass 1590 eyeing 1600...let's see what you've got.
Learn... Work Hard... Trade Alone
  • #985
  • Apr 1, 2020 2:29am Apr 1, 2020 2:29am
Quoting Skoljkica
{quote} But, if price finds 1599.29 as a support, up to 1622.85
Hmmm...
Learn... Work Hard... Trade Alone
  • #986
  • Apr 1, 2020 2:31am Apr 1, 2020 2:31am
Quoting BiteFX
fought pass 1590 eyeing 1600...let's see what you've got.
Am thinking 1595 should act as a resistance for today before the 1600 psychological level.
Learn... Work Hard... Trade Alone
  • #987
  • Apr 1, 2020 2:36am Apr 1, 2020 2:36am
Quoting BiteFX
{quote} Am thinking 1595 should act as a resistance for today before the 1600 psychological level.
We'll see
Always expect unexpected.
  • #988
  • Apr 1, 2020 2:45am Apr 1, 2020 2:45am
Quoting BiteFX
{quote} Limit 1590...stop loss at 1600...Take profit 1510 potential.
Market says this trade idea was wrong.
Learn... Work Hard... Trade Alone
  • #989
  • Apr 1, 2020 2:48am Apr 1, 2020 2:48am
Quoting BiteFX
{quote} Market says this trade idea was wrong.
I'm still waiting with my entry for price to confirm 1599.29 as a support or resistance.
Always expect unexpected.
  • #990
  • Apr 1, 2020 2:53am Apr 1, 2020 2:53am
I've got Limit at 1600 already.
Learn... Work Hard... Trade Alone
  • #991
  • Apr 1, 2020 3:06am Apr 1, 2020 3:06am
Will price reach 1601.59 and find it as a resistance? I'm still patient with entering sell.
Always expect unexpected.
  • #992
  • Apr 1, 2020 4:07am Apr 1, 2020 4:07am
1595-1600 still acting as resistance at the moment.
If can't break above 1600...then a break below 1570 will validate the movement.
Learn... Work Hard... Trade Alone
  • #993
  • Apr 1, 2020 4:42am Apr 1, 2020 4:42am
Before the end of last month(March), I opened a trading account to follow this system with.
I will upload the TE shortly.

The former trading account was a mix of other systems(scalping, swinging, e.t.c) as such, I wanted something solely dedicated to this one system...Traded for the period of 12 months.

My primary goal is to at least double trading account balance each month.
Learn... Work Hard... Trade Alone
  • #994
  • Apr 1, 2020 5:02am Apr 1, 2020 5:02am
H4 candle opened below 1599.29.
I think price could still retest in once again and then there is no coming back up until price reaches 1575.73/1568.45.
Always expect unexpected.
  • #995
  • Apr 1, 2020 6:04am Apr 1, 2020 6:04am
The pull back was threatening, but am strongly today.
Learn... Work Hard... Trade Alone
  • #996
  • Apr 1, 2020 6:25am Apr 1, 2020 6:25am
Market at 1590 again...on broken downward, a sell limit order can be placed there seeing the bears are back to take this market further down.
Learn... Work Hard... Trade Alone
  • #997
  • Apr 1, 2020 6:47am Apr 1, 2020 6:47am
Quoting BiteFX
Market at 1590 again...on broken downward, a sell limit order can be placed there seeing the bears are back to take this market further down.
1590 is acting as a support for now. We will see is price going to hold it. If not, then wait for price to fall down and confirm it as a resistance. If holds, up to 1600 again?
Always expect unexpected.
  • #998
  • Apr 1, 2020 7:04am Apr 1, 2020 7:04am
Rain is falling.
Learn... Work Hard... Trade Alone
  • #999
  • Apr 1, 2020 7:38am Apr 1, 2020 7:38am
Quoting BiteFX
Rain is falling.
Need 1580 and 1570 broken downward for the rain to be heavy...Gravity is coming.
Learn... Work Hard... Trade Alone
  • #1,000
  • Apr 1, 2020 8:22am Apr 1, 2020 8:22am
Quoting BiteFX
{quote} Need 1580 and 1570 broken downward for the rain to be heavy...Gravity is coming.
1580 breakout... Hmmm... Sote
Learn... Work Hard... Trade Alone
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