Gold Mining - Using Each Trading Day's Trend | Page 178 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #3,541
  • Edited 8:25am Sep 30, 2020 7:57am | Edited 8:25am
Good morning all, if price closes above 1898.50, will look to buy this area up to 1905. if price cant hold above it, will take a small short from 1898 to 1894, ext to 1892, 1889 if price closes below 1894.
  • #3,542
  • Sep 30, 2020 8:27am Sep 30, 2020 8:27am
Quoting rayoub
Good morning all, if price closes above 1898.50, will look to buy this area up to 1905. if price cant hold above it, will take a small short from 1898 to 1894, ext to 1892, 1889 if price closes below 1894.
took a few shorts from 1898, down to 1892 closed out a few. got one trade left to is 1889, sl has been moved to 1894 to protect.
  • #3,543
  • Sep 30, 2020 4:59pm Sep 30, 2020 4:59pm
Trade Idea - ATF
Follow the explorer.
3%Risk on Equity...40pips
7.08%Reward on Equity...94.4pips

Stay Alive guys
Learn... Work Hard... Trade Alone
  • #3,544
  • Sep 30, 2020 5:02pm Sep 30, 2020 5:02pm
Based on Statistics and projections, my Advanced Tweaked Fibo can only preserve capital very much and add some percentage profit(no guaranteed value) on it.

*It is not a demo contest trading system*
Learn... Work Hard... Trade Alone
  • #3,545
  • Sep 30, 2020 7:12pm Sep 30, 2020 7:12pm
Happy New Month guys!!!
May this new month usher in our deepest desires for a better life.

BiteFX
Learn... Work Hard... Trade Alone
  • #3,546
  • Sep 30, 2020 11:58pm Sep 30, 2020 11:58pm
Quoting BiteFX
Trade Idea - ATF Follow the explorer. 3%Risk on Equity...40pips 7.08%Reward on Equity...94.4pips Stay Alive guys
Stop loss hit... That's that about today's trade.
We await tomorrow's parameters.

Stay Alive guys.
Learn... Work Hard... Trade Alone
  • #3,547
  • Oct 1, 2020 12:45am Oct 1, 2020 12:45am
so based on price action and analysis am watching 1895 closely. if price can get a nice close above 1895 will buy this level with the of 1909 for runners and 1898-1900 for my scalpers. sl will be 1888.

if price cannot close above will sell 1892 down to 1885 for runners and 1888 for scalpers. sl will be 1896
  • #3,548
  • Oct 1, 2020 3:44am Oct 1, 2020 3:44am
Good day to all.
I am looking to buy Gold at 1898.88 or 1892.00 if price reaches it.
TP1 as first resistance 1903.21
TP2 1908.11

It is possible for 1908.11 to act as a support, since D1 is in buy mode and it could move price up to 1921.31

Edit:
It is also possible that price falls down to 1881.46 before 1908.11
Always expect unexpected.
  • #3,549
  • Oct 1, 2020 8:20am Oct 1, 2020 8:20am
Quoting rayoub
so based on price action and analysis am watching 1895 closely. if price can get a nice close above 1895 will buy this level with the of 1909 for runners and 1898-1900 for my scalpers. sl will be 1888. if price cannot close above will sell 1892 down to 1885 for runners and 1888 for scalpers. sl will be 1896
all buys done and closed
(1895- (1898/1900)) - 30-50 pips
(1895-1909)- 140 pips

will await price action and 4hr closure to analyze next opportunity.
  • #3,550
  • Oct 1, 2020 9:13am Oct 1, 2020 9:13am
Quoting rayoub
{quote} all buys done and closed (1895- (1898/1900)) - 30-50 pips (1895-1909)- 140 pips will await price action and 4hr closure to analyze next opportunity.
Well Done Job Ray...
You're alive man!
Learn... Work Hard... Trade Alone
  • #3,551
  • Oct 1, 2020 10:40am Oct 1, 2020 10:40am
Quoting BiteFX
{quote} Well Done Job Ray... You're alive man!
thanks a lot brother just trying to follow your lead
  • #3,552
  • Oct 1, 2020 7:25pm Oct 1, 2020 7:25pm
Trade Idea- ATF
Our last trade for the week. Still on my Tweaked Fibo Probability Distribution.
*As on the explorer.
*Lose today, we have 4losses, 1win=losing week.
*Win today, we have 3losses, 2wins=winning week.
*No trade, we have 3losses, 1win=losing week.
(As explained on page 1, first post. See page 1, first post.)

In any event, our account will still be alive, and ready for next week's trade. That is how to stay alive man.
Learn... Work Hard... Trade Alone
  • #3,553
  • Oct 1, 2020 7:33pm Oct 1, 2020 7:33pm
Quoting BiteFX
Trade Idea- ATF Our last trade for the week. Still on my Tweaked Fibo Probability Distribution. *As on the explorer. *Lose today, we have 4losses, 1win=losing week. *Win today, we have 3losses, 2wins=winning week. *No trade, we have 3losses, 1win=losing week. (As explained on page 1, first post. See page 1, first post.) In any event, our account will still be alive, and ready for next week's trade. That is how to stay alive man.
Risk=3% on equity
Reward=7.08% on equity
Risk pips=60
Reward pips=141.6

No emotions attached... Just Probabilty Distribution
Learn... Work Hard... Trade Alone
  • #3,554
  • Oct 1, 2020 8:30pm Oct 1, 2020 8:30pm
Buy limit filled, Sell limit cancelled. We await market judgement.
We control our money and emotions, market controls it's own movement.

We Stay Alive
Learn... Work Hard... Trade Alone
  • #3,555
  • Oct 1, 2020 8:42pm Oct 1, 2020 8:42pm
Using my Advanced Tweaked Fibo, I expect at least 2wins and 3losses in any random five trading days or a typical trading week to have a profitable experience.
Then, 4losses and 1win to have a losing experience that will never damage your trading experience the next week.
Learn... Work Hard... Trade Alone
  • #3,556
  • Oct 1, 2020 8:45pm Oct 1, 2020 8:45pm
You have to be the house!
Stack the odds in your favor!
Learn... Work Hard... Trade Alone
  • #3,557
  • Oct 1, 2020 8:47pm Oct 1, 2020 8:47pm
Quoting BiteFX
Using my Advanced Tweaked Fibo, I expect at least 2wins and 3losses in any random five trading days or a typical trading week to have a profitable experience. Then, 4losses and 1win to have a losing experience that will never damage your trading experience the next week.
This is explained in first post on page1 of this thread.
Learn... Work Hard... Trade Alone
  • #3,558
  • Oct 2, 2020 12:41am Oct 2, 2020 12:41am
Quoting BiteFX
Trade Idea- ATF Our last trade for the week. Still on my Tweaked Fibo Probability Distribution. *As on the explorer. *Lose today, we have 4losses, 1win=losing week. *Win today, we have 3losses, 2wins=winning week. *No trade, we have 3losses, 1win=losing week. (As explained on page 1, first post. See page 1, first post.) In any event, our account will still be alive, and ready for next week's trade. That is how to stay alive man.
Stop loss hit... That's that about today's trade.
This has been anticipated by my Advanced Tweaked Fibo. So, I manage my money accordingly.
Till next week guys.
Stay Alive
Learn... Work Hard... Trade Alone
  • #3,559
  • Oct 2, 2020 12:53am Oct 2, 2020 12:53am
TRADE PROBABILITY DISTRIBUTION REALITY
Probability Distribution H as explained in first post on page1 has occurred this week.
*Account still in profit.
*The chance of it (H) repeating itself next week is there.
*The chance of others (B-I) occurring is there.
* Manage money accordingly to Stay Alive.
Learn... Work Hard... Trade Alone
  • #3,560
  • Oct 2, 2020 3:38am Oct 2, 2020 3:38am
Good day to all.
I am watching 1905.06 where my buy order is settled. It is possible that price will find support at 1908.11, so I'm watching PA to activate buy order.
TP1 1919.20
TP2 1930.30
Always expect unexpected.
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