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

  • #26,141
  • Sep 5, 2021 10:14pm Sep 5, 2021 10:14pm
jr sorry there was one of the daily 200 s in there
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  • #26,142
  • Sep 6, 2021 12:58am Sep 6, 2021 12:58am
Collected some, runners left and protected.
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Fear is the mind-killer.
  • #26,143
  • Sep 6, 2021 4:26am Sep 6, 2021 4:26am
Maybe it will go to pivot point or even L3 ... we'll see.
EDIT : Closed on 100 EMA.... I'll wait for some better areas.
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Fear is the mind-killer.
  • #26,144
  • Sep 6, 2021 4:57am Sep 6, 2021 4:57am
Quoting MrJoker
Maybe it will go to pivot point or even L3 ... we'll see. EDIT : Closed on 100 EMA.... I'll wait for some better areas. {image} {image}

Spreads are too high, get a raw spread account. Commissions plus tight spread will be beneficial for you in the long run.
  • #26,145
  • Sep 6, 2021 5:13am Sep 6, 2021 5:13am
Quoting ZTrader123
Hello all hope all is well.... Busy as a bee with school... First week and i got 4 assignments due and 2 quizzes next week gotta love it.... Gonna also have to get a part time JOB cuz the car insurance aint gonna pay itself Unless of course i can start to make some cash from the markets but i dont wanna bank on it.... just yet Buttttt there is something that happened last week in the gold markets i still cant find an answer to.. {image} This move.. dont know where the target came from or why it turned...
That's where I opened long position.
https://www.metalsmine.com/thread/po...7#post13689117
  • #26,146
  • Sep 6, 2021 5:20am Sep 6, 2021 5:20am
jr , into that time and an area , been 67 for the taking , hope all got some , have a good one all
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  • #26,147
  • Sep 6, 2021 6:43am Sep 6, 2021 6:43am
Quoting B.Mir
{quote} Spreads are too high, get a raw spread account. Commissions plus tight spread will be beneficial for you in the long run.
I need to change broker, my current one doesn't offer an account with a smaller spread.
Fear is the mind-killer.
  • #26,148
  • Sep 6, 2021 7:06am Sep 6, 2021 7:06am
Quoting MrJoker
{quote} I need to change broker, my current one doesn't offer an account with a smaller spread.
Though they are all leeches, I would recommend, ICMarkets(Good for US30/XAUUSD/BTCUSD), Pepperstone, FP, Exness(XAUUSD only). Always try to keep ahead of the game. They can't manipulate if there isn't room for it, look for trades during that time only. Don't trade manipulation or supposed high volatility time(s).

Where are you trading from? Current broker?
  • #26,149
  • Edited 8:09am Sep 6, 2021 7:44am | Edited 8:09am
Quoting B.Mir
{quote} Though they are all leeches, I would recommend, ICMarkets(Good for US30/XAUUSD/BTCUSD), Pepperstone, FP, Exness(XAUUSD only). Always try to keep ahead of the game. They can't manipulate if there isn't room for it, look for trades during that time only. Don't trade manipulation or supposed high volatility time(s). Where are you trading from? Current broker?
My current broker is FBS. They have an ECN account type with small spread but they don't offer XAUUSD. I have an account with ICMarkets, I will have to move there if they still provide services to the citizens of my country.
EDIT : Well, it turns out that they no longer offer their services to the citizens of my country, but I think there is some way around it and they asked me to write an e-mail. We'll see what comes out.
Fear is the mind-killer.
  • #26,150
  • Sep 6, 2021 8:25am Sep 6, 2021 8:25am
Some scalps around daily pivot. That's probably all from me today ... XAUUSD is moving like a turtle today due to bank holiday.
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Fear is the mind-killer.
  • #26,151
  • Sep 6, 2021 10:55am Sep 6, 2021 10:55am
Quoting MrJoker
{quote} My current broker is FBS. They have an ECN account type with small spread but they don't offer XAUUSD. I have an account with ICMarkets, I will have to move there if they still provide services to the citizens of my country. EDIT : Well, it turns out that they no longer offer their services to the citizens of my country, but I think there is some way around it and they asked me to write an e-mail. We'll see what comes out.
They have seperate jurisdictions(loophole) if I can recollect correctly, regardless of who you end up choosing, choose a broker which is reliable, tight spreads(-0.00 - -0.10 pips). For example, in the screenshot you posted earlier, you are 41% in drawdown the moment you enter. However, with a relatively tighter spread, you can lower that down to 17-25% including commissions, not to mention the advantage you'll have with tighter spread. In layman's terms, it's easier for you to manage your trades and for your trades to go in your favour with tighter spreads. Good luck.
  • #26,152
  • Sep 6, 2021 11:06am Sep 6, 2021 11:06am
Quoting B.Mir
{quote} They have seperate jurisdictions(loophole) if I can recollect correctly, regardless of who you end up choosing, choose a broker which is reliable, tight spreads(-0.00 - -0.10 pips). For example, in the screenshot you posted earlier, you are 41% in drawdown the moment you enter. However, with a relatively tighter spread, you can lower that down to 17-25% including commissions, not to mention the advantage you'll have with tighter spread. In layman's terms, it's easier for you to manage your trades and for your trades to go in your favour...
I opened a new account on ICMarkets and there is a huge difference ... spread is so tight ... almost zero on XAUUSD. It will certainly help me in trading. Thanks for the advice!
Fear is the mind-killer.
  • #26,153
  • Sep 6, 2021 12:41pm Sep 6, 2021 12:41pm
One more trade from me today. I should secure it before the market close but I will be watching the open so nothing bad should happen.
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Fear is the mind-killer.
  • #26,154
  • Sep 6, 2021 1:18pm Sep 6, 2021 1:18pm
Quoting MrJoker
One more trade from me today. I should secure it before the market close but I will be watching the open so nothing bad should happen. {image}
I'm not sure about your broker, but with the usa holidays my broker closed market earlier today. Gold and dow closed a while ago already
  • #26,155
  • Sep 6, 2021 1:36pm Sep 6, 2021 1:36pm
Quoting hocius
{quote} I'm not sure about your broker, but with the usa holidays my broker closed market earlier today. Gold and dow closed a while ago already
Yes, mine too ... that's why I didn't manage to secure my position. I forgot that they are closing market earlier.
Fear is the mind-killer.
  • #26,156
  • Sep 6, 2021 7:58pm Sep 6, 2021 7:58pm
Quoting B.Mir
{quote} Though they are all leeches, I would recommend, ICMarkets(Good for US30/XAUUSD/BTCUSD), Pepperstone, FP, Exness(XAUUSD only). Always try to keep ahead of the game. They can't manipulate if there isn't room for it, look for trades during that time only. Don't trade manipulation or supposed high volatility time(s). Where are you trading from? Current broker?
I see a person doing their homework to benefit their trading, ADVICE WORTH A MILLION DOLLARS
people leave, but this thread will go on for ever
  • #26,157
  • Sep 6, 2021 9:28pm Sep 6, 2021 9:28pm
Welcome back Aussi.
R
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Ronnie Renko
  • #26,158
  • Sep 7, 2021 12:59am Sep 7, 2021 12:59am
Quoting Aussi
{quote} I see a person doing their homework to benefit their trading, ADVICE WORTH A MILLION DOLLARS
Good to know that you're doing well.

Not worth a million dollars, "Priceless". Sharing all of it for free though, hopefully my posts would be beneficial to the ones reading.

And to the one disliking the posts, I can understand or could if you were to dislike my personal opinions, however, how could you dislike or more importantly disagree with mathematics? Don't numbers make sense above everything else? Isn't the ATM card the most important business card in your wallet? What is it based on? All and everything you see is based on numbers, there's no wealth, just a manipulation of numbers, people DO NOT own anything that has intrinsic value, at least the supposed billionaires that exist. Anyway, if you can't use and understand numbers to your advantage, then I wouldn't know what to say, you don't tame a Lion and make him dance with singing, you have to use a whip sadly, that's the reality of the world that we live in. That's the whole game though, if you keep looking for strategies and spoon feeding without understanding and putting in the work, you won't get anywhere, will remain a slave till you eventually die. Even putting in the work itself is hard, given the amount of misinformation that is available let alone thinking you've found the holy grail.

THE TRUTH - THE HOLY GRAIL IS THE HUMAN MIND : THE WAY YOU USE IT TO TAME THE BEAST THAT IS THE MARKET. A HUMAN MIND WILL ALWAYS SUPERSEDE A MACHINE/ALGORITHM IN CRITICAL ANALYSIS, REMEMBER THAT. A MACHINE WILL ALWAYS DO WHAT IT IS PROGRAMMED TO DO, IT CANNOT OUTSMART ITSELF, A HUMAN MIND ON THE OTHER HAND, USE IT THE WAY IT IS SUPPOSED AND DESIGNED, GET REWARDED.

Not that I'm disappointed, I actually want to help each and everyone of I possibly can and that includes the dis-liker too. For the sake of everything that is indeed the truth, we have a tyrannic regime, overpowering of the highest order that we live under and we can't even seem to be reasonable with each other? Since when does a Lion concern itself with an opinion of Sheep? And we are the sheep by the way comparing to the market. If our priority isn't to survive and look for scraps, sorry to break it to you, we'll feed ourselves to the beasts.

Think, Question Everything, Be patient, Always Unbiased and most importantly Acceptance. Accepting the fact that you're/can be/were/will be wrong. This applies to each and everything that we do. This is the gateway to success, personal opinion as always.

Good Luck, may all of you reading find eternal and objective peace if indeed it exists.

**Apologies for the philosophical discourse, can't help it, habit.
  • #26,159
  • Sep 7, 2021 1:46am Sep 7, 2021 1:46am
Some quick scalps around WL3 ... this would not be possible with the previous broker.
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Fear is the mind-killer.
  • #26,160
  • Sep 7, 2021 1:53am Sep 7, 2021 1:53am
jr , would say the powers that are have got the spin first spin of the merry go round in for the week , should be more riders today , have fun all
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