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Gold Mining - Using Each Trading Day's Trend

  • #2,041
  • May 18, 2020 7:53am May 18, 2020 7:53am
Quoting rayoub
ahh beautiful went to sleep with all trades negative woke up with tp hit for once lol. 1753 was hit. I will wait now. see what takes place. expecting 1758 to be revised from bottom then maybe a push to 1749, if we can close nicely below 1750 then 1728 as bite said aint looking too bad
Well done brother... My TP is at 1746.85.
But, if price moves closer there, I might take it manually.
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  • #2,042
  • May 18, 2020 8:01am May 18, 2020 8:01am
Quoting BiteFX
{quote} Well done brother... My TP is at 1746.85. But, if price moves closer there, I might take it manually.
Alright, price moved closer so I took my Profits...covered morning loss and added a little to my balance.
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  • #2,043
  • May 18, 2020 8:05am May 18, 2020 8:05am
Am waiting for a pull back to load a short position...possibly 1755-57 level... Am
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  • #2,044
  • May 18, 2020 8:06am May 18, 2020 8:06am
great job brother . I entered a few buys from 1749 tp is 1758 will see reaction there
  • #2,045
  • May 18, 2020 8:11am May 18, 2020 8:11am
Quoting rayoub
great job brother . I entered a few buys from 1749 tp is 1758 will see reaction there
Ouk...nice one
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  • #2,046
  • May 18, 2020 8:14am May 18, 2020 8:14am
ouch lol that drop was meeeaannn.
  • #2,047
  • May 18, 2020 8:18am May 18, 2020 8:18am
Quoting rayoub
great job brother . I entered a few buys from 1749 tp is 1758 will see reaction there
I hope you are still alive? Before I could type be careful, gravity took over.
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  • #2,048
  • May 18, 2020 8:22am May 18, 2020 8:22am
Quoting rayoub
ouch lol that drop was meeeaannn.
Sorry brother...You were wounded but alive.
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  • #2,049
  • May 18, 2020 8:28am May 18, 2020 8:28am
Quoting BiteFX
{quote} I hope you are still alive? Before I could type be careful, gravity took over.
yes am still alive didnt overleverage on that one as it was risky as it was lol. but funny thing went right down to fill gap, on 15m hit the 200 ma clean so hoping we still see 1755-1758 once more for short opportunities
  • #2,050
  • May 18, 2020 8:32am May 18, 2020 8:32am
Quoting rayoub
{quote} yes am still alive didnt overleverage on that one as it was risky as it was lol. but funny thing went right down to fill gap, on 15m hit the 200 ma clean so hoping we still see 1755-1758 once more for short opportunities
That's my little plan for today too... Well done brother
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  • #2,051
  • May 18, 2020 8:59am May 18, 2020 8:59am
Ray, I doubt if 1755-57 is visible today again for a pull back selling.
are in charge now.
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  • #2,052
  • May 18, 2020 9:00am May 18, 2020 9:00am
Quoting BiteFX
Ray, I doubt if 1755-57 is visible today again for a pull back selling. are in charge now.
I will now watchout for 1751-45...we stay alive
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  • #2,053
  • May 18, 2020 9:05am May 18, 2020 9:05am
How are the mighty fallen, just as quickly as they rose. Quite a Humpity - Dumpity, from 1763 - 1733.

It might relocate below 1728,

*CAVEAT*
BUT WATCH CLOSELY, & WITH A BROADER ANALYSIS.
Jus tryna be a BILLIONAIRE!
  • #2,054
  • May 18, 2020 9:54am May 18, 2020 9:54am
Quoting BiteFX
{quote} I will now watchout for 1751-45...we stay alive
Am expecting this pull back here for a meaningful shorting...Currently sitting on my
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  • #2,055
  • May 18, 2020 10:55am May 18, 2020 10:55am
market provided every opportunity one could need and want and yet still no profit taken
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  • #2,056
  • May 18, 2020 11:06am May 18, 2020 11:06am
Chart update...Any pull back to levels above price for today o, I will sell.
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  • #2,057
  • May 18, 2020 11:09am May 18, 2020 11:09am
Quoting rayoub
market provided every opportunity one could need and want and yet still no profit taken {image}
The reason is simple...nobody knows where market will stop, turn, or continue...Hence our expectations on the market most of the times are too lofty.
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  • #2,058
  • May 18, 2020 12:18pm May 18, 2020 12:18pm
Some incoming bad news tomorrow from the FX factory, at about 7 am - 3 pm (using GMT +1) could send our precious metal back really up.

WATCH OUT FOR THOSE NEWS & HOURS MINERS! While of course monitoring our charted analysis from all Pro's in the Mines here.
Jus tryna be a BILLIONAIRE!
  • #2,059
  • May 18, 2020 4:26pm May 18, 2020 4:26pm
Trade Idea for Tuesday May 19, 2020.
Expecting a bullish pull back then gravity continues. But, market will be more deceptive though.
Levels am watching...
A. 1734.33 - Buy bullish pull back. (I think because of general up trend it is safe, but for short term down trend that started yesterday, it is dangerous).
B. 1749.20 - Sell after bullish pull back.
C. 1756.52 - if broken upwards, bulls are back in the game to push market higher.
D. 1764.07 - If broken upwards, then higher levels are opened to us.
E. If A. is broken downwards after bullish pull back, then the bears are ready to drive market lower.

In all we stay alive...
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  • #2,060
  • May 18, 2020 4:31pm May 18, 2020 4:31pm
Quoting BiteFX
Trade Idea for Tuesday May 19, 2020. Expecting a bullish pull back then gravity continues. But, market will be more deceptive though. Levels am watching... A. 1734.33 - Buy bullish pull back. (I think because of general up trend it is safe, but for short term down trend that started yesterday, it is dangerous). B. 1749.20 - Sell after bullish pull back. C. 1756.52 - if broken upwards, bulls are back in the game to push market higher. D. 1764.07 - If broken upwards, then higher levels are opened to us. E. If A. is broken downwards after...
Possibly a head and shoulders pattern will be completed there...
But, this is forex anything is possible.
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