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"AUSSI" my thread and anything I want to put here

  • #13,781
  • Nov 19, 2020 6:50am Nov 19, 2020 6:50am
Yes, I guess we should wait a little bit. The market can go either way.
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  • #13,782
  • Nov 19, 2020 7:47am Nov 19, 2020 7:47am
Remember, if we break down, the next big level on the forest. I think its this one. Get the stick ready if the snake shows up
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  • #13,783
  • Nov 19, 2020 7:48am Nov 19, 2020 7:48am
If this goes as planned then the tp will be triggered and then will bounce up to really high levels, this depends with IF it will break for good the low of 9th
Makes sense?
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  • #13,784
  • Nov 19, 2020 7:53am Nov 19, 2020 7:53am
Quoting goldly
If this goes as planned then the tp will be triggered and then will bounce up to really high levels, this depends with IF it will break for good the low of 9th Makes sense? {image}
It depends on what USA wants to do. Real USA open in 30min. All this week USA decided to push up at around the open. I wouldn't be surprised if we get the break during stocks open though.
  • #13,785
  • Nov 19, 2020 8:04am Nov 19, 2020 8:04am
I'll look to short around these levels if we get a spike up around stocks open
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  • #13,786
  • Nov 19, 2020 9:12am Nov 19, 2020 9:12am
Quoting hocius
I'll look to short around these levels if we get a spike up around stocks open {image}
Morning all hope everyone's doing good, seems london didn't do too much, of course shekels were available but they sort of kept price between lws low and this weeks low. A bit confused on whether its buying or selling time atm. Obviously its looking like sellers are in the building, but not sure if ny would like to get price to better res before selling continues.
  • #13,787
  • Nov 19, 2020 9:43am Nov 19, 2020 9:43am
Quoting hocius
I'll look to short around these levels if we get a spike up around stocks open {image}
That 1hr chart is killing me lol. Looks as if it built a footing around 1855. . Stochs on the m15 have turned up and just poked the 50, I'm assuming that means we're going to have that stoch go all the way up to the 75+ area. M45 got a cross on the stochs going up. Thinking a nice buy spot would be around 1863 (not Tommy trading just saying once this level is cleared if it holds then we're on our way back 1870 area?

I don't see diggz on but is that what you guys seeing? Looks like ny has been trying to buy. Looks like they are trying to take out 1963 resistance at the moment.
  • #13,788
  • Nov 19, 2020 9:51am Nov 19, 2020 9:51am
Quoting rayoub
{quote} That 1hr chart is killing me lol. Looks as if it built a footing around 1855. . Stochs on the m15 have turned up and just poked the 50, I'm assuming that means we're going to have that stoch go all the way up to the 75+ area. M45 got a cross on the stochs going up. Thinking a nice buy spot would be around 1863 (not Tommy trading just saying once this level is cleared if it holds then we're on our way back 1870 area? I don't see diggz on but is that what you guys seeing? Looks like ny has been trying to buy. Looks like they are trying to...
I believe gold bulls have been trying to break this 1963/4 resistance for quite a long time. If you check, a few hours before NY open, London traders did saw some bulls trying to get it to break 1964. However, it failed.

I currently do not have any takes on what will happen to XAU/USD. It is very difficult to decide on a direction. I believe we should wait and see what happens. London will close soon, so I propose we wait and see what NY traders want to do then.

Current resistance seems to be 1963/4, support seems to be forming around 1959/60. Not sure if anyone wants to trade within such a tight range, because if the range breaks, it could be a huge move that will burn your account quickly.

I would wait, although I am a little more inclined towards a bullish sentiment. I believe NY traders will get us past 1963/4. Gold has value, especially in this environment. Could just be a pullback if we were to look at the bigger picture.

Trade safe everyone.

Regards,
TerrorBlade.
I consider myself an expert in XAU/USD.
  • #13,789
  • Nov 19, 2020 10:01am Nov 19, 2020 10:01am
Quoting TerrorBlade
{quote} I believe gold bulls have been trying to break this 1963/4 resistance for quite a long time. If you check, a few hours before NY open, London traders did saw some bulls trying to get it to break 1964. However, it failed. I currently do not have any takes on what will happen to XAU/USD. It is very difficult to decide on a direction. I believe we should wait and see what happens. London will close soon, so I propose we wait and see what NY traders want to do then. Current resistance seems to be 1963/4, support seems to be forming around 1959/60....
Thanks terror for a response appreciate it. Ya I took a whack at the 1963 resistance as I'm assuming most did lol closed way too early got my 10 pips got out but gave up 30 didn't have a runner. As you said a bit scary atm lol if it were to punch through either direction could in fact be big. So ill stay aside for a bit
  • #13,790
  • Nov 19, 2020 10:07am Nov 19, 2020 10:07am
Quoting rayoub
{quote} Thanks terror for a response appreciate it. Ya I took a whack at the 1963 resistance as I'm assuming most did lol closed way too early got my 10 pips got out but gave up 30 didn't have a runner. As you said a bit scary atm lol if it were to punch through either direction could in fact be big. So ill stay aside for a bit
Hello, always happy to discuss and have discussions. To be honest, I am a little scared to enter any trades at the moment, and I believe it is OK to be scared. A powerful person will concede that he/she cannot know everything, there is no shame.

Let us stay on the sidelines together and see what happens before we get our feet wet.

I am currently thinking of two potential trade ideas-a buy stop upon breach of the 64 resistance or a sell at the next resistance level.

One thing about XAU/USD is that it moves violently and changes direction more often than a woman changes her mind, so I would want to stay nimble.

Regards,
TerrorBlade.
I consider myself an expert in XAU/USD.
  • #13,791
  • Nov 19, 2020 10:10am Nov 19, 2020 10:10am
Sorry, forgot to add a possible third trade idea.

If bears somehow bring it down to 1855 again, I might risk a buy at that level, with a tight SL; yet to be decided but likely to be at 52.

Regards,
TerrorBlade.
I consider myself an expert in XAU/USD.
  • #13,792
  • Nov 19, 2020 10:12am Nov 19, 2020 10:12am
Quoting rayoub
{quote} That 1hr chart is killing me lol. Looks as if it built a footing around 1855. . Stochs on the m15 have turned up and just poked the 50, I'm assuming that means we're going to have that stoch go all the way up to the 75+ area. M45 got a cross on the stochs going up. Thinking a nice buy spot would be around 1863 (not Tommy trading just saying once this level is cleared if it holds then we're on our way back 1870 area? I don't see diggz on but is that what you guys seeing? Looks like ny has been trying to buy. Looks like they are trying to...
Sorry Ray, I was busy on a meeting. We are bellow some shit, so I'd wait for a good level to short. A break of that 1850 could be nice.
  • #13,793
  • Nov 19, 2020 10:22am Nov 19, 2020 10:22am
Quoting hocius
{quote} Sorry Ray, I was busy on a meeting. We are bellow some shit, so I'd wait for a good level to short. A break of that 1850 could be nice.
Hello Hocius, are you planning on a sell-stop? If so, where would you do it? 1850? A break of 1850 doesn't necessarily mean that it would be sustained. Just curious to hear your trade plan. If anything, I might be risking buys at that level if we break during NY session. This plan would change if we break tomorrow.

Thanks.

Regards,
TerrorBlade.
I consider myself an expert in XAU/USD.
  • #13,794
  • Nov 19, 2020 10:24am Nov 19, 2020 10:24am
no worries at all was just trying to be up and active because ive been bullshittin on this business far too long now. wish i would have posted this hw yesterday smh finally had it right lmao but didnt trade it.
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  • #13,795
  • Nov 19, 2020 11:00am Nov 19, 2020 11:00am
I'd like to say that market is gonna push upwards. 1H we can see candle with a long wick from Quarterly R1 level. And 15M I spotted some kind of diamond pattern also with a tendency to push up. So, I'm biased upwards. Let's see how it goes.
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  • #13,796
  • Nov 19, 2020 12:03pm Nov 19, 2020 12:03pm
Quoting bigijs
I'd like to say that market is gonna push upwards. 1H we can see candle with a long wick from Quarterly R1 level. And 15M I spotted some kind of diamond pattern also with a tendency to push up. So, I'm biased upwards. Let's see how it goes. {image}
You were absolutely correct, and resistance level is reached now, either it breaks and goes up or back down again
  • #13,797
  • Nov 19, 2020 12:17pm Nov 19, 2020 12:17pm
Quoting bigijs
I'd like to say that market is gonna push upwards. 1H we can see candle with a long wick from Quarterly R1 level. And 15M I spotted some kind of diamond pattern also with a tendency to push up. So, I'm biased upwards. Let's see how it goes. {image}
Yes good job bigijs I had a feeling that would happen cuz as said earlier m15 stoch was pointed up towards 50 and it did end up going all the way up. I did put in a couple bangers from the ds1 level up to 1965 so not bad but didn't quite get it from the best spot. Ah well. Will wait to see if it can get above and hold 1864/65 before putting in a buy to 1870.
  • #13,798
  • Nov 19, 2020 1:59pm Nov 19, 2020 1:59pm
Saw one good opportunity earlier took it started off small in case I was wrong of course im only wrong when I use a larger lot lol. But had a nice spine up didn't catch the sell but will just be the rabbit waiting for these moments to come. Dont need to do it every min but enough of them will add up.
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  • #13,799
  • Nov 19, 2020 3:15pm Nov 19, 2020 3:15pm
ny session
is always leave the buy below
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  • #13,800
  • Nov 19, 2020 3:45pm Nov 19, 2020 3:45pm
Quoting kette
ny session is always leave the buy below {image} {image}
Nice kette
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