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Gold Mining - Using Each Trading Day's Trend

  • #1,181
  • Apr 6, 2020 9:46pm Apr 6, 2020 9:46pm
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  • #1,182
  • Apr 7, 2020 12:54am Apr 7, 2020 12:54am
Price going to retest 1670... Where are you? Get your trigger nearby.
Learn... Work Hard... Trade Alone
  • #1,183
  • Apr 7, 2020 12:55am Apr 7, 2020 12:55am
Quoting BiteFX
Price going to retest 1670... Where are you? Get your trigger nearby.
The more conservative is 1680...but we never know if it will ever get there... Anything is possible!
Learn... Work Hard... Trade Alone
  • #1,184
  • Apr 7, 2020 2:37am Apr 7, 2020 2:37am
Quoting BiteFX
Trade Idea for tomorrow... Tuesday April 7, 2020. Bulls had a runaway to the neckline of March 6 and 9, 2020. (2 days sell off formation). 1660-1670 psychological levels acting as a resistance. We expect a pull back to 1650-1640 psychological levels as a support. With Red trendlines giving a bullish broadening formation(shows bulls aren't done yet). And both green and blue trend lines facing up, the bullish pressure still persist. Trade idea... Buy limit at 1640...stop loss at 1630 A break below 1610 psychological level will invalidate this...
Am still waiting for this...let them come to me.
Learn... Work Hard... Trade Alone
  • #1,185
  • Apr 7, 2020 2:50am Apr 7, 2020 2:50am
1653 broken now moving to 1637
  • #1,186
  • Apr 7, 2020 3:10am Apr 7, 2020 3:10am
Quoting Nanotech
1653 broken now moving to 1637
It went for the run-in, (to get) momentum, if you ask me Spooling (for up). My 2b.
Can you afford to take that chance?
  • #1,187
  • Apr 7, 2020 3:28am Apr 7, 2020 3:28am
Sell limit 1657...stop loss 1663
Learn... Work Hard... Trade Alone
  • #1,188
  • Apr 7, 2020 3:35am Apr 7, 2020 3:35am
If price finds resistance at 1653.09, it will fall down to 1636.73. Possible even to 1620.36 if it continues its bearish mode.
But, if 1653.09 acts as a support, then price will rise up to 1682.35. If bullish mode continues, then up to 1706.03
Attached Image
Always expect unexpected.
  • #1,189
  • Apr 7, 2020 3:48am Apr 7, 2020 3:48am
Quoting Skoljkica
If price finds resistance at 1653.09, it will fall down to 1636.73. Possible even to 1620.36 if it continues its bearish mode. But, if 1653.09 acts as a support, then price will rise up to 1682.35. If bullish mode continues, then up to 1706.03 {image}
Also 1658.84 (23.6% Fibo Day ) could act as a resistance.
Always expect unexpected.
  • #1,190
  • Apr 7, 2020 3:53am Apr 7, 2020 3:53am
Quoting BiteFX
Sell limit 1657...stop loss 1663
Am in... I await market judgement.
Learn... Work Hard... Trade Alone
  • #1,191
  • Apr 7, 2020 4:08am Apr 7, 2020 4:08am
Quoting BiteFX
{quote} Am in... I await market judgement.
I'm also in at 1658.96
TP 1644.04/1636.73
SL around 1662 (mental SL) currently
Always expect unexpected.
  • #1,192
  • Apr 7, 2020 4:24am Apr 7, 2020 4:24am
Quoting Skoljkica
{quote} I'm also in at 1658.96 TP 1644.04/1636.73 SL around 1662 (mental SL) currently
Closed my trading at 1653.09. Price could fins support there (as mentioned in my first post today). Will wait for new opportunity.
I'm very satisfied with my trade.
Always expect unexpected.
  • #1,193
  • Apr 7, 2020 4:26am Apr 7, 2020 4:26am
Quoting Skoljkica
{quote} Closed my trading at 1653.09. Price could fins support there (as mentioned in my first post today). Will wait for new opportunity. I'm very satisfied with my trade.
May worth it to go long now with T/P at 1679.
  • #1,194
  • Apr 7, 2020 4:30am Apr 7, 2020 4:30am
Quoting jetkoboss
{quote} May worth it to go long now with T/P at 1679.
I still don't see bullish momentum. Price is struggling with bulls and bears. That is the reason I exited the trade.
If 1658.84 is broken and acts as a support prices goes up to 1667.72 (100% WR) as a first resistance. Otherwise, if 1658.84 can't be broken, price goes down to 1644.04/1636.73
Always expect unexpected.
  • #1,195
  • Apr 7, 2020 4:42am Apr 7, 2020 4:42am
1653.09 is broken, price is heading to 1644.04
Could that happen in next 15 minutes so H4 candles opens right on 1644.04?
Is that going to affect price momentum and change direction? I will wait and see.
Attached Image
Always expect unexpected.
  • #1,196
  • Apr 7, 2020 4:47am Apr 7, 2020 4:47am
Quoting Skoljkica
1653.09 is broken, price is heading to 1644.04 Could that happen in next 15 minutes so H4 candles opens right on 1644.04? Is that going to affect price momentum and change direction? I will wait and see. {image}
Yeah, definitely exciting times.
  • #1,197
  • Apr 7, 2020 5:00am Apr 7, 2020 5:00am
Quoting Skoljkica
1653.09 is broken, price is heading to 1644.04 Could that happen in next 15 minutes so H4 candles opens right on 1644.04? Is that going to affect price momentum and change direction? I will wait and see. {image}
Didn't happen...boring...
But price is on the way there.
Always expect unexpected.
  • #1,198
  • Apr 7, 2020 5:02am Apr 7, 2020 5:02am
I put a buy limit on 1645. Let's see.
  • #1,199
  • Apr 7, 2020 5:09am Apr 7, 2020 5:09am
Entered new sell on 1653.09 with TP 1644.04, SL tight
But spread is huge again, 20 pips
Attached Image
Always expect unexpected.
  • #1,200
  • Apr 7, 2020 5:51am Apr 7, 2020 5:51am
Quoting Skoljkica
Entered new sell on 1653.09 with TP 1644.04, SL tight But spread is huge again, 20 pips {image}
Entered another one at 1657.58
Since I hurried with previous one, my TP for both is at 1653.09.
Always expect unexpected.
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