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Gold

Quoting aahmad29
{quote} Hit TP of ninth trade @1841 I also beat my profit score of last week {image}
Can u please tell me what kind of Indicator it is ??
Muhammad Kashif
Quoting ForexGoose
I will sell with a stop above 1850. {image}
waiting for it to dump
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus
Quoting SadiaQureshi
{quote} hi , Can u give me Download Link of "TMA channel" Thanks
Visit Trading system “Billy and Jim & TMA channel”
Love for all; Hatred for none.
Quoting aahmad29
{quote} If you check my recent posts , you will see white x sign and red x sign. White x sign is buy and red x sign is sell. Always wait for candle close. I open maximum of ten trades. Take profit at opposite white line of target band. Try it on demo at H4 time frame. I do trading on continuous monitoring of PA and keep reading analysis of different traders and can not really have any other rules. But if you want rules then just follow it as I mentioned above.
Thanks Aahmad.
Quoting ForexGoose
{quote} waiting for it to dump {image}
looks like another boring day for Gold
don't believe in mumbo jumbo from gurus
Another Buy Limit from 1832 to 1838 Hit TP

Again i set it

Sell Limit @1841
Buy Limit @1832
Attached Image (click to enlarge)
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Love for all; Hatred for none.
As per many enquiries about my trading system, it is very difficult for me to answer individually every trader so i wanted to clear out every confusion and will keep this post as reference for all enquiries. First of all i wanted to make it clear that there is no holy grail system according to my knowledge which give you signal and you start to win every trade. I do not use signal from any system but yes i use three trading systems for my analysis.

1) Daily Support and Resistance levels
2) Trading in Focal points
3) Billy and Jim & Channel

Many traders asked me that what are the rules so there are not many rules. I just make sure that i sell on overbought level and buy on oversold level. You can say that TREND IS NOT MY FRIEND . I open maximum of ten position with fix lot size (no martingale). My selling zone is above middle line of TMA and buying zone is below middle line. But if you want to try then try on demo. Red "x" sign is sell signal and white "x" sign is buy signal (Billy and Jim TMA). Use only in H4 time frame and only for trading in Gold. Middle white line as TP or opposite white line as TP

So please if you think that there are any other rules then you are wrong. All other trades are based on analysis of my limited knowledge. I hope i have answered all questions.
Love for all; Hatred for none.
Quoting aahmad29
Another Buy Limit from 1832 to 1838 Hit TP Again i set it Sell Limit @1841 Buy Limit @1832 {image}
Sell limit got activated and hit TP @1838
I have set the sell limit again

Update: Buy limit got activated @1832 with [email protected]
seconf Buylimit got activate @1825 with [email protected]
Attached Image (click to enlarge)
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Love for all; Hatred for none.
sold from 1825, stop above 1845, target is 1810 for now
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus
Quoting ForexGoose
sold from 1825, stop above 1845, target is 1810 for now {image}
Thanks I have third buy limit @ 1812
Love for all; Hatred for none.
Quoting KyFxAdvisory
{quote} In my opinion, below 1827 is a sell. These green candles are merely retracements and I believe we will break below 1820 tonight. My two cents.
Yes you are right but I told that TREND IS NOT MY FRIEND. Here are my expertise start that how do I allocated my 10 buy limit orders to handle this situation. I have grabbed some pips from 1825 and got activated again. My third buy limit is @1812
Love for all; Hatred for none.
Quoting aahmad29
{quote} Yes you are right but I told that TREND IS NOT MY FRIEND. Here are my expertise start that how do I allocated my 10 buy limit orders to handle this situation. I have grabbed some pips from 1825 and got activated again. My third buy limit is @1812
1825 to 1827
Buy limit @1825 got activated again

But this is true that my chart is telling me that we haven't reach oversold area. When Red MA will cross Pink, orange and Blue MA and will go to bottom near brown line; then oversold level starts. Lets see.
Attached Image (click to enlarge)
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Here are important levels where i have to play with my Buy Limit orders.
Attached Image (click to enlarge)
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Love for all; Hatred for none.
I have closed another trade with profit 1825 to 1827
Set buy limit @1825 again

But this is true that my chart is telling me that we haven't reach oversold area. When Red MA will cross Pink, orange and Blue MA and will go to bottom near brown line; then oversold level starts. Lets see.
Attached Image (click to enlarge)
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Love for all; Hatred for none.
Another Trade closed in Profit from 1824.97 to 1828.56

Set Buy Limit @1825
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 26 KB
Love for all; Hatred for none.
Quoting aahmad29
Another Trade closed in Profit from 1824.97 to 1828.56 Set Buy Limit @1825 {image}
Closed two more trade in profit from 1825 to 1827

One trade closed in Loss 1832 to 1828

Reason why Did i close trade in Loss: My calculations told me that retracement will be upto 1832 if price dive down but now i have calculations that price will rebound to 1825 after diving down.

Thats how i manage , Game is still ON

Set Buy limit @ 1825

There is no active trade atm
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 24 KB
Love for all; Hatred for none.
Quoting aahmad29
{quote} Closed two more trade in profit from 1825 to 1827 One trade closed in Loss 1832 to 1828 Reason why Did i close trade in Loss: My calculations told me that retracement will be upto 1832 if price dive down but now i have calculations that price will rebound to 1825 after diving down. Thats how i manage , Game is still ON Set Buy limit @ 1825 There is no active trade atm {image}
Price is hesitating to activate my Buy Limit order
Love for all; Hatred for none.
Elsewhere, Gold Price (XAU/USD) benefits from the sluggish markets, as buyers poke $1,825 while consolidating the biggest daily loss in a week. The quote prints 0.18% intraday gains heading into Friday’s European session. The US Dollar Index (DXY) drops -0.08% intraday to 104.32 at the latest, which in turn allows Commodities and Antipodeans to lick a bit their wounds
Love for all; Hatred for none.
This week performance
Total 19 trades
18 in profit
1 in loss

Net profit pips (points)= 5789

I have my limit orders in place for last minute
Love for all; Hatred for none.
buy gold
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