Always expect unexpected.
Gold Mining - Using Each Trading Day's Trend
- #2,344
- Jun 2, 2020 11:33am Jun 2, 2020 11:33am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Learn... Work Hard... Trade Alone
- #2,345
- Jun 2, 2020 4:45pm Jun 2, 2020 4:45pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Trade Idea for Wednesday June 3, 2020.
Antigravity...
Levels am watching...
Buy P2, Stop loss at S1, Take Profit at P1/R1. But market may go deeper than P2...Probably around 1715 or 1714. Then, buy around those deep levels.
I must confess...Parameters today are really crazy. Wider pips. We expect high volatility.
Therefore, I will reduce my lot size to the smallest.
We Stay Alive
Antigravity...
Levels am watching...
Buy P2, Stop loss at S1, Take Profit at P1/R1. But market may go deeper than P2...Probably around 1715 or 1714. Then, buy around those deep levels.
I must confess...Parameters today are really crazy. Wider pips. We expect high volatility.
Therefore, I will reduce my lot size to the smallest.
We Stay Alive
Learn... Work Hard... Trade Alone
Trade Idea for Wednesday June 3, 2020. Antigravity... Levels am watching... Buy P2, Stop loss at S1, Take Profit at P1/R1. But market may go deeper than P2...Probably around 1715 or 1714. Then, buy around those deep levels. I must confess...Parameters today are really crazy. Wider pips. We expect high volatility. Therefore, I will reduce my lot size to the smallest. We Stay Alive
Nice BiteFx. I am also agree with this.
Hi BiteFX,
I am watching your Daily Trade Idea. I'm a new trader, and my broker never give me any explaination. They just left me alone after got my account, so I tried to find trading by my self to survive. I trade Gold. My effective margin ony USD 1,141 with 2 lock position, sell open at 1659.10 and 1712 and buy open at 1724.70 and 1728.35. Actually since Monday, I agree with you the price will go down back to 1722 or deeper. And last night I wish to close open buy 1728.35 at 1745, but afraid if the price will go up after that, because mostly traders said will reach 1751 before fall. With spread between sell and buy different 3 points, that mean when I liquid buy at 1745 then the price go up, I will lost all money because of auto liquid. I regret when the price went down so much until 1719 and just watch without take any action...
This morning.. would you or anybody can suggest me, what can I do? In my mind with effective margin only USD 1,141 when I open lock (liquid buy/sell) margin required will be USD 1000, so effective margin only left USD 441, with spread between buy and sell USD 300, I only have USD 100 left. Once I open lock and the price reverse, I will lost all money....
I dont have any tools, so I don't know where the top and the bottom of daily moving range. I just use my mind in real world and watch everyday news. I have real bussiness. And since Monday (1 June) I'm too exciting of the new beginning after 3 months doing nothing at home. So I don't care about US demonstration issue, corona, and US-China tension. I start to contact my client and start everything. That makes me not too interest on gold anymore. That's why I agree with you gold will go down. And it happened.
Please help me to stay alive....
I am watching your Daily Trade Idea. I'm a new trader, and my broker never give me any explaination. They just left me alone after got my account, so I tried to find trading by my self to survive. I trade Gold. My effective margin ony USD 1,141 with 2 lock position, sell open at 1659.10 and 1712 and buy open at 1724.70 and 1728.35. Actually since Monday, I agree with you the price will go down back to 1722 or deeper. And last night I wish to close open buy 1728.35 at 1745, but afraid if the price will go up after that, because mostly traders said will reach 1751 before fall. With spread between sell and buy different 3 points, that mean when I liquid buy at 1745 then the price go up, I will lost all money because of auto liquid. I regret when the price went down so much until 1719 and just watch without take any action...
This morning.. would you or anybody can suggest me, what can I do? In my mind with effective margin only USD 1,141 when I open lock (liquid buy/sell) margin required will be USD 1000, so effective margin only left USD 441, with spread between buy and sell USD 300, I only have USD 100 left. Once I open lock and the price reverse, I will lost all money....
I dont have any tools, so I don't know where the top and the bottom of daily moving range. I just use my mind in real world and watch everyday news. I have real bussiness. And since Monday (1 June) I'm too exciting of the new beginning after 3 months doing nothing at home. So I don't care about US demonstration issue, corona, and US-China tension. I start to contact my client and start everything. That makes me not too interest on gold anymore. That's why I agree with you gold will go down. And it happened.
Please help me to stay alive....
- #2,349
- Jun 2, 2020 9:02pm Jun 2, 2020 9:02pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Hi BiteFX, I am watching your Daily Trade Idea. I'm a new trader, and my broker never give me any explaination. They just left me alone after got my account, so I tried to find trading by my self to survive. I trade Gold. My effective margin ony USD 1,141 with 2 lock position, sell open at 1659.10 and 1712 and buy open at 1724.70 and 1728.35. Actually since Monday, I agree with you the price will go down back to 1722 or deeper. And last night I wish to close open buy 1728.35 at 1745, but afraid if the price will go up...
But, I will try and help you.
We'll mine gold together.
Another big but...
I don't care what news says, I draw up my parameters, and then trade it. We Stay Alive.
Learn... Work Hard... Trade Alone
- #2,350
- Jun 2, 2020 9:06pm Jun 2, 2020 9:06pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Learn... Work Hard... Trade Alone
Hi BiteFX,
Thank you for your comment and help. Hope I can make right decision in right time.
My first lock happens of my broker told me wrong direction. I open market of my friend proposal that introduce me to a broker. But he never teach me. I just follow him and surprised when he said buy 1712 last month but the fact price fell to 1690s, he didnt ask me to lock, even didnt tell me how much now. When I opened, it already at 1690s and I locked by my self. After that I told him to let me know where I can open the lock after I put another 2500 usd and account become 3200 usd. He never tell me anything until next weeks and let me lost overnight fee and ask more money, I put another 2500 usd and also never tell me what to do. Im so upset and try to recover by myself after put another 2500 usd... because he never tell me anything. And now here I am.
I just put 300 usd, only for change if I can survive.. Now effective margin become usd 1,441. Thats last money I got, because my real bussiness freeze for pandemic and we dont have any income or any stimulus from government over 3 months. I thought this trading will give us some money, but I met wrong person.
My balance is 10,391 usd, all my profit there, locked 8,355 usd. I have small hope if I open in the right time like last night was, only got 3-5 point will save me (no need huge momentum)...
Wish me stay alive
Thank you for your comment and help. Hope I can make right decision in right time.
My first lock happens of my broker told me wrong direction. I open market of my friend proposal that introduce me to a broker. But he never teach me. I just follow him and surprised when he said buy 1712 last month but the fact price fell to 1690s, he didnt ask me to lock, even didnt tell me how much now. When I opened, it already at 1690s and I locked by my self. After that I told him to let me know where I can open the lock after I put another 2500 usd and account become 3200 usd. He never tell me anything until next weeks and let me lost overnight fee and ask more money, I put another 2500 usd and also never tell me what to do. Im so upset and try to recover by myself after put another 2500 usd... because he never tell me anything. And now here I am.
I just put 300 usd, only for change if I can survive.. Now effective margin become usd 1,441. Thats last money I got, because my real bussiness freeze for pandemic and we dont have any income or any stimulus from government over 3 months. I thought this trading will give us some money, but I met wrong person.
My balance is 10,391 usd, all my profit there, locked 8,355 usd. I have small hope if I open in the right time like last night was, only got 3-5 point will save me (no need huge momentum)...
Wish me stay alive
- #2,353
- Jun 3, 2020 3:14am Jun 3, 2020 3:14am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Trade Idea for Wednesday June 3, 2020. Antigravity... Levels am watching... Buy P2, Stop loss at S1, Take Profit at P1/R1. But market may go deeper than P2...Probably around 1715 or 1714. Then, buy around those deep levels. I must confess...Parameters today are really crazy. Wider pips. We expect high volatility. Therefore, I will reduce my lot size to the smallest. We Stay Alive
Learn... Work Hard... Trade Alone
- #2,354
- Jun 3, 2020 3:32am Jun 3, 2020 3:32am
Good day to all.
I am looking to go long in a range 1711.65 (50% YS) and 1709.85 (50% DS)
TP 1733.51 (38.2% WR)
Around 1711.65 price has previously found support and resistance, so I am expecting a battle there again.
I am looking to go long in a range 1711.65 (50% YS) and 1709.85 (50% DS)
TP 1733.51 (38.2% WR)
Around 1711.65 price has previously found support and resistance, so I am expecting a battle there again.
Always expect unexpected.
- #2,360
- Jun 3, 2020 6:31am Jun 3, 2020 6:31am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Hi Rockiess, nobody knows what is the bottom or top price will reach, but we all "hope" about some price. Better to say, we make predictions where will price stop. In my calculations, first support line is at 1711.65/1709.85 and if that price is broken, we could easily see 1704.93-1702.08 where I have 3 strong support lines.
Learn... Work Hard... Trade Alone