Gold Mining - Using Each Trading Day's Trend | Page 177 | 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

  • #3,521
  • Sep 28, 2020 10:40pm Sep 28, 2020 10:40pm
Quoting rayoub
{quote} thanks brother your charts have been amazing and very helpful I do appreciate them very much I have been making sure to look daily to compare and I will be sure to start posting more again. and I believe quanta will be back soon
Learn... Work Hard... Trade Alone
  • #3,522
  • Sep 29, 2020 12:33am Sep 29, 2020 12:33am
Quoting BiteFX
{quote} Sell limit filled, Buy limit cancelled. We await what market has for us. Take profit or Stop loss. No greed, No fear... Just making money.
Market says we deserve a 7.08% Profit returns on our equity.
Take Profit hit
Learn... Work Hard... Trade Alone
  • #3,523
  • Sep 29, 2020 12:35am Sep 29, 2020 12:35am
Quoting BiteFX
{quote} Market says we deserve a 7.08% Profit returns on our equity. Take Profit hit
According to the simple rules on first post, page one of this thread, that's that about today's trade.
We await tomorrow's parameters.

We Stay Alive
Learn... Work Hard... Trade Alone
  • #3,524
  • Sep 29, 2020 12:41am Sep 29, 2020 12:41am
1882 to 1877 completed on this end as well great analysis brother
  • #3,525
  • Sep 29, 2020 1:38am Sep 29, 2020 1:38am
Quoting rayoub
1882 to 1877 completed on this end as well great analysis brother
Learn... Work Hard... Trade Alone
  • #3,526
  • Sep 29, 2020 2:46am Sep 29, 2020 2:46am
Alright,
Following the ATF Probability Distribution on page one, first post of this thread, outcomes A, J, K which are extemes are no longer probable.

We are now left with outcomes B to I.
Learn... Work Hard... Trade Alone
  • #3,527
  • Sep 29, 2020 2:49am Sep 29, 2020 2:49am
The power of my Advanced Tweaked Fibo lies in it's Probability Distribution. And that is how it is done.
Stay Alive guys.
Learn... Work Hard... Trade Alone
  • #3,528
  • Sep 29, 2020 4:42am Sep 29, 2020 4:42am
Good day to all.
I am waiting for a pullback down to 1873.23 to reload buy orders.
First target from there is 1891.65, second target 1908.11
In between we have 1899.22 which can also act as a resistance and move price down to 1891.65 to confirm it as a support before 1908.11 is hit.
Always expect unexpected.
  • #3,529
  • Sep 29, 2020 8:53am Sep 29, 2020 8:53am
if price can maintain its current momentum, 1894, then 1902 could follow today, expecting a retest of 1886, 1882 one more time before going to 1894.
  • #3,530
  • Sep 29, 2020 12:01pm Sep 29, 2020 12:01pm
Quoting rayoub
if price can maintain its current momentum, 1894, then 1902 could follow today, expecting a retest of 1886, 1882 one more time before going to 1894.
1886 to 1894 completed as well. done for the day.
2 trades:
1882-1877 (50 pips)
1886-1894 (80 pips)
  • #3,531
  • Sep 29, 2020 12:11pm Sep 29, 2020 12:11pm
Hi there, it's been a while fellas but I'm ready to get back in. That gold run from 1812 - 2000 really took care of a brother, with gold falling back to a sideways range I'm feeling enticed and what better way to approach other than with a group of like minded individuals. Let's make some more dreams come true. I hope I'm still welcome here!
Getting green but seldom seen
  • #3,532
  • Sep 29, 2020 3:43pm Sep 29, 2020 3:43pm
Quoting Xautrucho
Hi there, it's been a while fellas but I'm ready to get back in. That gold run from 1812 - 2000 really took care of a brother, with gold falling back to a sideways range I'm feeling enticed and what better way to approach other than with a group of like minded individuals. Let's make some more dreams come true. I hope I'm still welcome here!
C'mon man, you are always welcomed here bro.
Learn... Work Hard... Trade Alone
  • #3,533
  • Sep 29, 2020 4:04pm Sep 29, 2020 4:04pm
Simple Probability Lesson Related to Forex Trade.
When you cast a , the numbers 1, 2, 3, 4, 5, 6 has equal probability of showing.
Let's say your system has numbers 1, 2, 3, 4, as its winning edge, and 5, 6 as its losing edge.
The following will likely happen:
i. First cast may be 5, 6, 1, 2, 3, or 4.
ii. The next four casts may be losers.
iii. The next four casts may be winners.
iv. Money management on the cast over large sample display will bring you profit.
v. If you over leverage because your winning edge are 1, 2, 3, 4 and losing edge is just 5, 6, you may not be alive to see your winners displayed.

Forex is no difrerent.
We do not know for sure which trade will be the winner or the loser. However, what we do know is when the system says buy, sell, or no trade and of course money management to help us stay alive.
Learn... Work Hard... Trade Alone
  • #3,534
  • Edited 6:21pm Sep 29, 2020 6:07pm | Edited 6:21pm
Trade Idea - ATF
Follow the explorer.
3%Risk on Equity...40pips
7.08%Reward on Equity...94.4pips
Lot size...0.26
Stay Alive guys
Learn... Work Hard... Trade Alone
  • #3,535
  • Sep 29, 2020 6:14pm Sep 29, 2020 6:14pm
If you copy trade my ATF, It is really important to keep reminding yourself of the rules of my Advanced Tweaked Fibo as written on page one, first post.
Download the Probability Distributions Images and study both.
You will get it!
Learn... Work Hard... Trade Alone
  • #3,536
  • Sep 29, 2020 8:59pm Sep 29, 2020 8:59pm
Quoting BiteFX
If you copy trade my ATF, It is really important to keep reminding yourself of the rules of my Advanced Tweaked Fibo as written on page one, first post. Download the Probability Distributions Images and study both. You will get it!
I am enjoying the statistics brother you are absolutely right with your ATF, over a large sample profit is inevitable. I appreciate your insight and your determination to perfect your trading strategy while sharing with us Bite. you are awesome
  • #3,537
  • Sep 29, 2020 10:46pm Sep 29, 2020 10:46pm
Quoting BiteFX
Trade Idea - ATF Follow the explorer. 3%Risk on Equity...40pips 7.08%Reward on Equity...94.4pips Lot size...0.26 Stay Alive guys
Stop loss hit... That's that about today's trade.
Awaiting tomorrow's parameters.
We Stay Alive
Learn... Work Hard... Trade Alone
  • #3,538
  • Sep 29, 2020 10:52pm Sep 29, 2020 10:52pm
Quoting rayoub
{quote} I am enjoying the statistics brother you are absolutely right with your ATF, over a large sample profit is inevitable. I appreciate your insight and your determination to perfect your trading strategy while sharing with us Bite. you are awesome
It's my pleasure brother...
Learn... Work Hard... Trade Alone
  • #3,539
  • Sep 29, 2020 11:04pm Sep 29, 2020 11:04pm
Alright,
So far we've had 3 trades...2 losers and 1 winner.
2 more trades to go.
*If the remaining two become losers, we have a losing week which won't destroy the account nor eat up our equity so badly.(And it is exactly what I always want to achieve)
*If we win one day, it becomes a winning week.(Which is an icing on the cake for managing our risk/reward properly)
My ATF Probability Distribution says it all.

We Stay Alive guys.
Learn... Work Hard... Trade Alone
  • #3,540
  • Sep 30, 2020 3:18am Sep 30, 2020 3:18am
Good morning everyone.
I am looking to short gold at 1891.65
TP1 1881.46
TP2 1873.23
I expect price to reach 1865.00 until the end of the day.
D1 has buy signal, but H4 has sell signal so I expect at least couple of hours for sell pressure to last.
Always expect unexpected.
2 traders viewing now