Gold Mining - Using Each Trading Day's Trend | Page 53 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #1,041
  • Apr 2, 2020 3:59am Apr 2, 2020 3:59am
Quoting finnyjosh
Breaking towards North. Expecting 1660s {image}
Came out of this Trade

Difference in prices Between Different Brokers.
I don't want to Trade in these conditions.
  • #1,042
  • Apr 2, 2020 4:03am Apr 2, 2020 4:03am
Quoting Skoljkica
Went long at 1588.77 TP 1599.29 and then I'll see the price movement {image}
Closed this one, scalped it.

Reentered new one. It looks like I hurried with it at 1588.31.
TP the same, small SL.
I stay alive.
Attached Image
Always expect unexpected.
  • #1,043
  • Apr 2, 2020 4:15am Apr 2, 2020 4:15am
Quoting Skoljkica
{quote} Closed this one, scalped it. Reentered new one. It looks like I hurried with it at 1588.31. TP the same, small SL. I stay alive. {image}
Price came 2 pips away from my SL.
If it breaks 1588.50 upwards, price goes up. If not, my SL will be eaten and price will go down to 1575.73.
If price goes up, I will probably close it at 1594. Price found resistance there several times. I'm not sure gold has that much strength.
Always expect unexpected.
  • #1,044
  • Apr 2, 2020 4:32am Apr 2, 2020 4:32am
Quoting Skoljkica
{quote} Price came 2 pips away from my SL. If it breaks 1588.50 upwards, price goes up. If not, my SL will be eaten and price will go down to 1575.73. If price goes up, I will probably close it at 1594. Price found resistance there several times. I'm not sure gold has that much strength.
Closed it. Like I said, I don't see the strength.
Always expect unexpected.
  • #1,045
  • Apr 2, 2020 5:56am Apr 2, 2020 5:56am
Quoting finnyjosh
{quote} Came out of this Trade Difference in prices Between Different Brokers. I don't want to Trade in these conditions.
It has been like this for days... It's so head aching.
Learn... Work Hard... Trade Alone
  • #1,046
  • Apr 2, 2020 5:59am Apr 2, 2020 5:59am
1594 resistance for further sell, or 1599 will be hit again
TP 1575.73
Always expect unexpected.
  • #1,047
  • Apr 2, 2020 6:00am Apr 2, 2020 6:00am
Quoting Skoljkica
{quote} Price came 2 pips away from my SL. If it breaks 1588.50 upwards, price goes up. If not, my SL will be eaten and price will go down to 1575.73. If price goes up, I will probably close it at 1594. Price found resistance there several times. I'm not sure gold has that much strength.
When there is no strength, I just sleep and leave the trade playing... As long as my parameters are in place, I'll stay with the trade until either stop loss is hit or Take Profit is hit... Market must choose one.

Traders are really different in approach... But, all collects money.
Learn... Work Hard... Trade Alone
  • #1,048
  • Apr 2, 2020 6:07am Apr 2, 2020 6:07am
Earlier today, market has given me 80pips, but didn't take it. Its not upto my 1R=1R...Although, Am still learning to manage my greed level.

Am so stubbornly ish that market must decide one of two directions for me. Profit/Loss.
Learn... Work Hard... Trade Alone
  • #1,049
  • Apr 2, 2020 6:17am Apr 2, 2020 6:17am
1600-1610 needs to be broken for to show that they mean business.
Learn... Work Hard... Trade Alone
  • #1,050
  • Apr 2, 2020 6:21am Apr 2, 2020 6:21am
Quoting BiteFX
Earlier today, market has given me 80pips, but didn't take it. Its not upto my 1R=1R...Although, Am still learning to manage my greed level. Am so stubbornly ish that market must decide one of two directions for me. Profit/Loss.
But, like you know, when my parameters for the next trading day changes... I must exit if it is against my previous position and initiate a new position.
Learn... Work Hard... Trade Alone
  • #1,051
  • Apr 2, 2020 6:26am Apr 2, 2020 6:26am
Quoting BiteFX
{quote} But, like you know, when my parameters for the next trading day changes... I must exit if it is against my previous position and initiate a new position.
Every day is new trading day. We always need to check does it correspond with our previous plan.
Always expect unexpected.
  • #1,052
  • Apr 2, 2020 6:30am Apr 2, 2020 6:30am
Quoting Skoljkica
{quote} Every day is new trading day. We always need to check does it correspond with our previous plan.
Learn... Work Hard... Trade Alone
  • #1,053
  • Apr 2, 2020 6:32am Apr 2, 2020 6:32am
Quoting Skoljkica
1594 resistance for further sell, or 1599 will be hit again TP 1575.73
I think price will go more upward. It looks like price could find 1594 as a support. 1599 on the sight for new sell entry?
Always expect unexpected.
  • #1,054
  • Apr 2, 2020 7:16am Apr 2, 2020 7:16am
Currently challenging 1600 psych level. A break above it will show theiir seriousness.
I Stay Alive guys.
Learn... Work Hard... Trade Alone
  • #1,055
  • Apr 2, 2020 7:18am Apr 2, 2020 7:18am
Quoting Skoljkica
{quote} I think price will go more upward. It looks like price could find 1594 as a support. 1599 on the sight for new sell entry?
1599.29 is broken.
Is new scenario on the way?
Price could fall down to 1596/1594 and find it as a support, so next station is 1622.85
I will wait for price to show me its direction. Prepared for both.
Attached Image
Always expect unexpected.
  • #1,056
  • Apr 2, 2020 7:19am Apr 2, 2020 7:19am
Quoting BiteFX
1600-1610 needs to be broken for to show that they mean business.
Ouk, granted... 1610 must be broken also to convince me of this ish run... Am still alive though.
Learn... Work Hard... Trade Alone
  • #1,057
  • Apr 2, 2020 7:24am Apr 2, 2020 7:24am
Quoting BiteFX
Thursday April 2, 2020. Yesterday, Bulls stopped bears thrust within 1570 - 1590 psychological levels. Furthermore, initiating a bullish set up which closed above 1590 psychological level. Today, price is seen above both red and green trendlines(signifying a bullish movement) but challenging the blue(dynamic resistance). A break above and retest of the 1600 psychological level will confirm the bullish movement as rallying will follow perhaps upto 1700-1800 psychological levels. The invalidation of this bull move will be a break below...
A limit can be initiated there for those who missed the 1590 entry.
Learn... Work Hard... Trade Alone
  • #1,058
  • Apr 2, 2020 7:28am Apr 2, 2020 7:28am
Is it good time to enter buying? Or shall we wait n see 1610 broken
  • #1,059
  • Apr 2, 2020 7:30am Apr 2, 2020 7:30am
Quoting BiteFX
{quote} Ouk, granted... 1610 must be broken also to convince me of this ish run... Am still alive though.
Once achieved...1640 hangs last week's high, then we go there to bring it down with our ish horns... Hmmm... Sote
Learn... Work Hard... Trade Alone
  • #1,060
  • Apr 2, 2020 7:31am Apr 2, 2020 7:31am
Quoting Sufi1985
Is it good time to enter buying? Or shall we wait n see 1610 broken
My advice...set a buy limit order at 1600 for a retest... This is more conservative.
Learn... Work Hard... Trade Alone
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