Gold Mining - Using Each Trading Day's Trend | Page 128 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

Scalping Gold using WPR 1,019 replies

Which standard Indicators are most related to each other? 2 replies

Gold Mining II - Using Reference Lines 13 replies

An idea for building wealth...using only gold 9 replies

Trading Gold - An End of Day System 27 replies

Attachments: Gold Mining - Using Each Trading Day's Trend
Exit Attachments

Gold Mining - Using Each Trading Day's Trend

  • #2,541
  • Jun 15, 2020 3:54am Jun 15, 2020 3:54am
Quoting miziler
Hello guys, how are you gold digger traders hope every single's of you in great health and mind with gold trading as well. Am still holding my sell position last week which is 1739.06 and below is my projection on gold trading plan. Have a nice days yaa {image}
Great job Miziler!
That is the mind of a trader... Sticking to the game plan
Learn... Work Hard... Trade Alone
  • #2,542
  • Jun 15, 2020 3:58am Jun 15, 2020 3:58am
Quoting Skoljkica
Hi all, I hope you had a good weekend, I took a long weekend and rested well. I am looking to go long at 1714.03/1711.65 if price reaches there. 1711.65 is still deciding line for me. I expect price will reach 1750.51, possible until the end of the day, where my TP is. Bulls could get exhausted at that price and it could fall down to 1739.28, which can act as a support again. However, if price doesn't reach 1714.03/1711.65 I will wait for it to break 1723.74 and confirm it as a support. {image}
No doubts brother... I see it too.
Well done Skoljkica
Learn... Work Hard... Trade Alone
  • #2,543
  • Jun 15, 2020 5:18am Jun 15, 2020 5:18am
Quoting Skoljkica
Hi all, I hope you had a good weekend, I took a long weekend and rested well. I am looking to go long at 1714.03/1711.65 if price reaches there. 1711.65 is still deciding line for me. I expect price will reach 1750.51, possible until the end of the day, where my TP is. Bulls could get exhausted at that price and it could fall down to 1739.28, which can act as a support again. However, if price doesn't reach 1714.03/1711.65 I will wait for it to break 1723.74 and confirm it as a support. {image}
1711.65 reached, one more push down?
If price can't break 1721.12 with the pullback, bears could beat bulls and drive price down to 1691.72, otherwise my first plan stays the same.
Always expect unexpected.
  • #2,544
  • Jun 15, 2020 5:48am Jun 15, 2020 5:48am
Order activated at 1711.04. I will wait market judgement. Somehow it seems price doesn't have strength to break 1711.04 but this is Forex, anything is possible. SL tight, plan stays the same. I will close two orders at 1721.12 if price reaches there and probably leave one with TP 1750.51, depending on PA
Always expect unexpected.
  • #2,545
  • Jun 15, 2020 8:42am Jun 15, 2020 8:42am
Ahh well I guess I will continue my analysis in that case BITE. this week am not trading, am forcing myself to have patience, if I cannot watch market and have confidence in good analysis and patience to see it through then i will force myself to sit on sidelines and see. i have been strongly upset with performance. 9/10 analysis have been on point, but i have exited every single time prior to decent profits being made, when i see a loss, i hold that though, so need to change my mentality and habits.

anyways, as i said last week 1745 had been hit 1 too many times, bears came back with a vengeance, drove it below 1735 where that area became resistance. we can see yesterday 1733.50 was tried 4 times in a row before dropping, was evident bulls were losing momentum. I have attached some charts.

I am expecting 1702, 1695, possibly 1692 today. sell limits around 1710, 1707. if bulls break 1710 and remain above, then first stop is 1717 area, then 1721.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20200615-093206_MetaTrader 4.jpg Size: 910 KB
Click to Enlarge Name: Screenshot_20200615-093400_MetaTrader 4.jpg Size: 1.4 MB
Click to Enlarge Name: Screenshot_20200615-093519_MetaTrader 4.jpg Size: 1.3 MB
Click to Enlarge Name: Screenshot_20200615-093633_MetaTrader 4.jpg Size: 691 KB
  • #2,546
  • Jun 15, 2020 8:51am Jun 15, 2020 8:51am
potential hns up on 4hr potwntial hns down on daily and weekly.. My bias is leaning heavily towards shorts, but I will obviously analyze daily to keep watch. just clear that price is having a lot of trouble staying in 1740-1760 region, and as such will have no choice but to find support elsewhere. am looking for a larger pullback before a launch.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20200615-094617_MetaTrader 4.jpg Size: 1.6 MB
Click to Enlarge Name: Screenshot_20200615-094942_MetaTrader 4.jpg Size: 1.3 MB
  • #2,547
  • Jun 15, 2020 9:28am Jun 15, 2020 9:28am
this is more like my usual analysis so here sorry for overposting.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200615-102615_MetaTrader 4.jpg Size: 1.1 MB
  • #2,548
  • Jun 15, 2020 9:48am Jun 15, 2020 9:48am
Quoting rayoub
Ahh well I guess I will continue my analysis in that case BITE. this week am not trading, am forcing myself to have patience, if I cannot watch market and have confidence in good analysis and patience to see it through then i will force myself to sit on sidelines and see. i have been strongly upset with performance. 9/10 analysis have been on point, but i have exited every single time prior to decent profits being made, when i see a loss, i hold that though, so need to change my mentality and habits. anyways, as i said last week 1745 had been hit...
Thanks Rayoub
Learn... Work Hard... Trade Alone
  • #2,549
  • Jun 15, 2020 12:42pm Jun 15, 2020 12:42pm
Quoting rayoub
Ahh well I guess I will continue my analysis in that case BITE. this week am not trading, am forcing myself to have patience, if I cannot watch market and have confidence in good analysis and patience to see it through then i will force myself to sit on sidelines and see. i have been strongly upset with performance. 9/10 analysis have been on point, but i have exited every single time prior to decent profits being made, when i see a loss, i hold that though, so need to change my mentality and habits. anyways, as i said last week 1745 had been hit...
1721 was reached, price is hesitating a lot around this area, monthly pivot sits right around here so am expecting this level to do what its been doing. make or break.
  • #2,550
  • Jun 15, 2020 5:32pm Jun 15, 2020 5:32pm
Trade idea for today. I believe bears will dominate. 1733.50 has been another brick wall price has been hitting and trying to pass since it ducked under on Friday.
sell limits at 1733.50, 1728, tps will be 1702, 1692 area.
if bears cannot push through 1710 comfortably this will invalidate bears and then i will look for buy limits at 1717 .1721.
daily pivot and monthly pivot are standing around same area 1721 so id watch that level closely .
fib r1 and cam r3 sit around 1733 where trendline has been marked.
all trends marked line up with s and r for daily so analysis looks to be in good shape.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20200615-174853_MetaTrader 4.jpg Size: 1.4 MB
Click to Enlarge Name: Screenshot_20200615-173922_MetaTrader 4.jpg Size: 1.4 MB
Click to Enlarge Name: Screenshot_20200615-173653_MetaTrader 4.jpg Size: 955 KB
  • #2,551
  • Jun 15, 2020 6:01pm Jun 15, 2020 6:01pm
Quoting rayoub
Trade idea for today. I believe bears will dominate. 1733.50 has been another brick wall price has been hitting and trying to pass since it ducked under on Friday. sell limits at 1733.50, 1728, tps will be 1702, 1692 area. if bears cannot push through 1710 comfortably this will invalidate bears and then i will look for buy limits at 1717 .1721. daily pivot and monthly pivot are standing around same area 1721 so id watch that level closely . fib r1 and cam r3 sit around 1733 where trendline has been marked. all trends marked line up with s and r...
Great Analysis Today like Yesterday
  • #2,552
  • Jun 15, 2020 6:03pm Jun 15, 2020 6:03pm
Quoting QuantaMath
{quote} Great Analysis Today like Yesterday
thanks brother and yes agreed. a lot of catalysts to fuel the moves this week. feds powell speaks almost everyday, so expecting great volatility all week long
  • #2,553
  • Jun 15, 2020 7:42pm Jun 15, 2020 7:42pm
Quoting rayoub
{quote} thanks brother and yes agreed. a lot of catalysts to fuel the moves this week. feds powell speaks almost everyday, so expecting great volatility all week long
thanks Rayoub
  • #2,554
  • Jun 16, 2020 2:41am Jun 16, 2020 2:41am
Quoting rayoub
Trade idea for today. I believe bears will dominate. 1733.50 has been another brick wall price has been hitting and trying to pass since it ducked under on Friday. sell limits at 1733.50, 1728, tps will be 1702, 1692 area. if bears cannot push through 1710 comfortably this will invalidate bears and then i will look for buy limits at 1717 .1721. daily pivot and monthly pivot are standing around same area 1721 so id watch that level closely . fib r1 and cam r3 sit around 1733 where trendline has been marked. all trends marked line up with s and r...
Great analysis Ray
Learn... Work Hard... Trade Alone
  • #2,555
  • Jun 16, 2020 3:01am Jun 16, 2020 3:01am
Price is above 1721.12, my 100% Week Support.
Above it, bulls will dominate the market.
My entry is will be at 1725.15 (50% Month Support) since I am expecting one more pullback down to it. Possible down to 1721.12 again.
TP until the end of the day could be 1750.51, but before that price could find resistance at 1732.63; 1735.66 and 1742.46
Always expect unexpected.
  • #2,556
  • Jun 16, 2020 11:40am Jun 16, 2020 11:40am
Quoting rayoub
Trade idea for today. I believe bears will dominate. 1733.50 has been another brick wall price has been hitting and trying to pass since it ducked under on Friday. sell limits at 1733.50, 1728, tps will be 1702, 1692 area. if bears cannot push through 1710 comfortably this will invalidate bears and then i will look for buy limits at 1717 .1721. daily pivot and monthly pivot are standing around same area 1721 so id watch that level closely . fib r1 and cam r3 sit around 1733 where trendline has been marked. all trends marked line up with s and r...
so both directions played out. 1733 area did rejwct but only back to 1717 as was one expectation. found support but unable.to break 1733 barrier yet we will see what happens
  • #2,557
  • Jun 16, 2020 12:17pm Jun 16, 2020 12:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: 20200616_131701.jpg Size: 582 KB
  • #2,558
  • Jun 16, 2020 12:56pm Jun 16, 2020 12:56pm
I'm gonna go out on a limb and just post this, been watching this for quite sometime and posting, if I had to make an educated analysis, I'd say its lining up pretty well.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200616-135456_MetaTrader 4.jpg Size: 1.5 MB
  • #2,559
  • Jun 16, 2020 4:53pm Jun 16, 2020 4:53pm
Trade Idea For Wednesday June 17, 2020.
As decided, so it is.
Levels am watching on the chat.

Pro Tip: Master the market with confidence, discipline, and a winning attitude.~Mark Douglas.
Be confident in your analysis.
Be disciplined enough to trade it.
Be optimistic with a winning attitude.
and...
Stay Alive.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200616_224433.jpg Size: 72 KB
Learn... Work Hard... Trade Alone
  • #2,560
  • Jun 16, 2020 5:02pm Jun 16, 2020 5:02pm
Analysis stand the same as yesterday. am with you brother
4 traders viewing now