Gold: Basic Trading discussion | Metals Mine

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Gold: Basic Trading discussion

  • #1
  • First Post: Dec 19, 2020 8:34am Dec 19, 2020 8:34am
Hi
Its been 3 years i am trying to learn this Mystery and yes it is a mystery u need to crack it somehow no one is gonna give u his research completely but hints.
This thread will be about cracking ideas hints and encourage traders that it works in real its not scam coz traders stop trading with a view that market is scam believe me it is not true in this thread we will discuss things like this and our focus will be the point how to creat a trading setup manually.
  • #2
  • Jan 5, 2021 8:12am Jan 5, 2021 8:12am
hi
I also think like you ..
I have also tried various methods to solve a mystery, whether trading is profitable or not, a scam or not ,,, !!!
I think you have found a method to solve the mystery ...hhh
your trading system is amazing ...
confidence is better
  • #3
  • Jan 5, 2021 8:29am Jan 5, 2021 8:29am
Quoting goldengate
hi I also think like you .. I have also tried various methods to solve a mystery, whether trading is profitable or not, a scam or not ,,, !!! I think you have found a method to solve the mystery ...hhh your trading system is amazing ...
Yeah it is not difficult to trade at all but cracking this is very difficult once u cracked it its so easy.
Let me tell an amazing observation every pair has his own nature like my strategy works best on gold.
last 2 entries were my bad i just coppied a trader who goes for price actions while my setup didnot gave signal i am a swing trader and i fucked up
  • #4
  • Jan 5, 2021 8:31am Jan 5, 2021 8:31am
Quoting goldengate
hi I also think like you .. I have also tried various methods to solve a mystery, whether trading is profitable or not, a scam or not ,,, !!! I think you have found a method to solve the mystery ...hhh your trading system is amazing ...
Mate u have already solved it
  • #5
  • Jan 5, 2021 8:35am Jan 5, 2021 8:35am
yes, metal is not the same as forex, they have their own characteristics.
now I only focus on metal, gold only ..

https://www.forexfactory.com/goldengate/198048
confidence is better
  • #6
  • Jan 5, 2021 8:39am Jan 5, 2021 8:39am
I have observed an amazing thing what i know is every pair has his own nature as i only trade gold what i know is m5 is diff from m15 my setup does work on m15 but i need to make changes that means as swing trader first u need to understand the nature of market and try to trade on single pair i would prefer gold coz it gives u lot of pips in short time.
  • #7
  • Jan 5, 2021 8:40am Jan 5, 2021 8:40am
Quoting goldengate
yes, metal is not the same as forex, they have their own characteristics. now I only focus on metal, gold only .. https://www.forexfactory.com/goldengate/198048
exactly
  • #8
  • Jan 5, 2021 8:41am Jan 5, 2021 8:41am
Quoting goldengate
yes, metal is not the same as forex, they have their own characteristics. now I only focus on metal, gold only .. https://www.forexfactory.com/goldengate/198048
Nice one.
  • #9
  • Jan 5, 2021 8:46am Jan 5, 2021 8:46am
yes, I totally agree with you, the m5 time frame is perfect for scalpers like me, can get a lot of pips in a short time ... hhh
confidence is better
  • #10
  • Jan 5, 2021 1:21pm Jan 5, 2021 1:21pm
Scalping gold is such a nice thing but if u master swings u can get big profits this trade is bullish from that black circle and it never made a bearish reversal but retracements it is still bullish i learned this today...
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  • #11
  • Jan 5, 2021 1:39pm Jan 5, 2021 1:39pm
Quoting OwaisJam
Scalping gold is such a nice thing but if u master swings u can get big profits this trade is bullish from that black circle and it never made a bearish reversal but retracements it is still bullish i learned this today...{image}
yes, if you want to swing, the most important thing is to determine the major trend on a large time frame, at least H1.
by the way how many MA do you use???
confidence is better
  • #12
  • Jan 5, 2021 1:54pm Jan 5, 2021 1:54pm
I use them coz they make chart look good
i have my only expertise in rsi after practicing so much i have made some rules that u dont find in books and good thing is they do work
btw these ema are 12,24 sma 200 ema 400 there is a guy in thread 'Aussi' named digger1 yesterday a guy said he works for comex word like this his profits are in millions of $ he uses support and resistance levels in gold and bitcoin join that thread u might find it useful.
digger said 1200ema is for 5min chart after that i dont use them coz they are very widely used banks can ditch u coz they know your sl in that way.
i might be wrong but this is what i think.
btw sma 200 gives me signals of continuation of trend when it matches rsi
  • #13
  • Jan 5, 2021 1:55pm Jan 5, 2021 1:55pm
Quoting goldengate
{quote} yes, if you want to swing, the most important thing is to determine the major trend on a large time frame, at least H1. by the way how many MA do you use???
nope i dont use anyother time frame m5 is enough if u know it completely
  • #14
  • Jan 5, 2021 2:56pm Jan 5, 2021 2:56pm
Quoting OwaisJam
I use them coz they make chart look good i have my only expertise in rsi after practicing so much i have made some rules that u dont find in books and good thing is they do work btw these ema are 12,24 sma 200 ema 400 there is a guy in thread 'Aussi' named digger1 yesterday a guy said he works for comex word like this his profits are in millions of $ he uses support and resistance levels in gold and bitcoin join that thread u might find it useful. digger said 1200ema is for 5min chart after that i dont use them coz...
this is great news,
I will try it...
confidence is better
  • #15
  • Jan 5, 2021 2:57pm Jan 5, 2021 2:57pm
Quoting goldengate
{quote} this is great news, I will try it...
yup
  • #16
  • Jan 5, 2021 3:30pm Jan 5, 2021 3:30pm
Quoting OwaisJam
Hi Its been 3 years i am trying to learn this Mystery and yes it is a mystery u need to crack it somehow no one is gonna give u his research completely but hints. This thread will be about cracking ideas hints and encourage traders that it works in real its not scam coz traders stop trading with a view that market is scam believe me it is not true in this thread we will discuss things like this and our focus will be the point how to creat a trading setup manually.
Welldone OwaiJam ... will follow accordingly
Learn... Work Hard... Trade Alone
  • #17
  • Jan 5, 2021 3:37pm Jan 5, 2021 3:37pm
Quoting BiteFX
{quote} Welldone OwaiJam ... will follow accordingly
Nah man u are better than me i just want to share my journey who knows someone is motivated by this and keeps trying until he learns i think sharing our experience might be useful to someone.
  • #18
  • Jan 5, 2021 4:13pm Jan 5, 2021 4:13pm
Quoting OwaisJam
{quote} Nah man u are better than me i just want to share my journey who knows someone is motivated by this and keeps trying until he learns i think sharing our experience might be useful to someone.
We are just learning how to stay alive
Learn... Work Hard... Trade Alone
  • #19
  • Jan 5, 2021 10:38pm Jan 5, 2021 10:38pm
Quoting BiteFX
{quote} We are just learning how to stay alive
  • #20
  • Jan 6, 2021 4:30pm Jan 6, 2021 4:30pm
Quoting OwaisJam
Scalping gold is such a nice thing but if u master swings u can get big profits this trade is bullish from that black circle and it never made a bearish reversal but retracements it is still bullish i learned this today...{image}
Ok i observed this scnerio and i found it very difficult to know all times when market is up i cannot get more than 200pips at present knowledge i hope some day i will if someone has knowledge about this plz do share...
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