Gold Mining - Using Each Trading Day's Trend | Page 182 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #3,621
  • Oct 8, 2020 9:20pm Oct 8, 2020 9:20pm
The market is still within sell zones, we expect drop from these area. 1908/1907/1906 soon.
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  • #3,622
  • Oct 8, 2020 9:24pm Oct 8, 2020 9:24pm
My ATF is showing that bulls are now getting exhausted...bears are to step in any moment from now.
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  • #3,623
  • Oct 8, 2020 11:51pm Oct 8, 2020 11:51pm
Quoting BiteFX
The market is still within sell zones, we expect drop from these area. 1908/1907/1906 soon.
Had my entry at 1912,bears all the way,. What happened to stop-loss, you've not used any. And I thought you'd be using a fixed lot size for consistency, just asking
  • #3,624
  • Edited 1:59am Oct 9, 2020 1:33am | Edited 1:59am
Quoting Iscarter
{quote} Had my entry at 1912,bears all the way,. What happened to stop-loss, you've not used any. And I thought you'd be using a fixed lot size for consistency, just asking
That's a very good entry Iscarter.
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  • #3,625
  • Edited 1:55am Oct 9, 2020 1:36am | Edited 1:55am
Quoting Iscarter
{quote} Had my entry at 1912,bears all the way,. What happened to stop-loss, you've not used any. And I thought you'd be using a fixed lot size for consistency, just asking
No brother, I didn't use fixed stop loss. But a mental one this time.
Edit
I didn't use limit orders too. Am not a but am just applying simple reason to fine tune the system using my ATF.
Will upload a chart now.
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  • #3,626
  • Oct 9, 2020 1:38am Oct 9, 2020 1:38am
Quoting Iscarter
{quote} Had my entry at 1912,bears all the way,. What happened to stop-loss, you've not used any. And I thought you'd be using a fixed lot size for consistency, just asking
Check the lot size on my entries. They are in reducing balance.
The higher the price went, the lower the lot size employed.
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  • #3,627
  • Edited 2:10am Oct 9, 2020 1:40am | Edited 2:10am
Quoting BiteFX
{quote} No brother, I didn't use fixed stop loss. But a mental one this time. Will upload a chart now.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201009_073938.jpg Size: 79 KB

A break and close above 1912.62 would have been the end of all my sell positions with losses uncured.
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  • #3,628
  • Oct 9, 2020 1:47am Oct 9, 2020 1:47am
Price hasn't used 1892.00 today.
Market(human behavior) doesn't forget price/levels.
Let's hope to see the drop even lower.
This is forex, anything is possible!
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  • #3,629
  • Oct 9, 2020 1:58am Oct 9, 2020 1:58am
Market goes up or down... All traders want is the money o
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  • #3,630
  • Oct 9, 2020 2:13am Oct 9, 2020 2:13am
The bulls are showing very strong intention here...am watching.
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  • #3,631
  • Oct 9, 2020 2:19am Oct 9, 2020 2:19am
Quoting BiteFX
Market goes up or down... All traders want is the money o
BITEFX what u mean by ATF
  • #3,632
  • Oct 9, 2020 2:30am Oct 9, 2020 2:30am
Break of this trendline is bullish sign
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  • #3,633
  • Oct 9, 2020 3:05am Oct 9, 2020 3:05am
Quoting wealthpro
{quote} BITEFX what u mean by ATF
Acronym - Advanced Tweaked Fibo.
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  • #3,634
  • Oct 9, 2020 3:06am Oct 9, 2020 3:06am
Quoting Skat
Break of this trendline is bullish sign {image}
Yes...you are very correct Skat.
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  • #3,635
  • Oct 9, 2020 3:10am Oct 9, 2020 3:10am
Quoting BiteFX
{quote} Acronym - Advanced Tweaked Fibo.
thank you
  • #3,636
  • Oct 9, 2020 3:11am Oct 9, 2020 3:11am
Price currently above 1912.62
Meeeeeeeen...this is not good for business BiteFX
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  • #3,637
  • Oct 9, 2020 3:12am Oct 9, 2020 3:12am
Quoting wealthpro
{quote} thank you
My pleasure brother
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  • #3,638
  • Oct 9, 2020 3:33am Oct 9, 2020 3:33am
Quoting Iscarter
{quote} Had my entry at 1912,bears all the way,. What happened to stop-loss, you've not used any. And I thought you'd be using a fixed lot size for consistency, just asking
Iscarter, are you out yet?
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  • #3,639
  • Oct 9, 2020 3:43am Oct 9, 2020 3:43am
Good day to all.
I expect pullback down to 1910.31/1905.01 and there buy up to 1921.31, slight pullback down to 1918.26 and up again to 1932.73
Always expect unexpected.
  • #3,640
  • Oct 9, 2020 3:44am Oct 9, 2020 3:44am
If these stubborn bulls have resumed the bigger uptrend, it is also good news. We play it likewise.
Note
I didn't follow any of the rules of engagement written on page 1 first post of this thread for the on going trades.
Not being guided by those rules, we can't measure losers or winners. It becomes a do or die affair. This is not Sote.
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