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Gold

Quoting ForexGoose
1751 and then 1721 are possible targets for bears if USD is more bullish {image}
I agree with bearish target because my calculations tell me that bearish point of gravity is 1723 but i am still holding some long positions because my bullish point of gravity is 1799. Price may be go back to 1700 but will come back for bullish target.
Love for all; Hatred for none.
Quoting chipsngravey
{quote} Hi Gabriel, some good results there mate. I wanted to ask if you could tell me the name of the pip counter in blue on the righthand side of your chart, i have the other overall one above it but that one seems much clearer to keep an eye on the individual trades placed. If you wouldn't mind sharing it that would be great, thanks and all the best and good luck with your challenge, although the way your going i don't think you'll need it.
Hi, Chipsngravey, of course I can share the pip counter indicator with you and all the community.
Thanks for your wishes.
I hope you are doing great with your trading!
Attached File
File Type: ex4 pip-counter.ex4   18 KB | 34 downloads
Quoting Gabriel
{quote} Hi, Chipsngravey, of course I can share the pip counter indicator with you and all the community. Thanks for your wishes. I hope you are doing great with your trading! {file}
Hi Gabriel, just wanted to thank you very much for sharing the pip counter, you are a very kind and giving person and i'm sure this will be returned to you in profits with your trading, all the best mate and continued success with your challenge.
Quoting ForexGoose
1751 and then 1721 are possible targets for bears if USD is more bullish {image}
Might depend on the US data today
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don't believe in mumbo jumbo from gurus & charlatans
Quoting chipsngravey
{quote} Hi Gabriel, just wanted to thank you very much for sharing the pip counter, you are a very kind and giving person and i'm sure this will be returned to you in profits with your trading, all the best mate and continued success with your challenge.
You are welcome!
Thank you very much!
Scalping some pips
Open some buys when price was away from ema and closed them already when reached ema (works normally when price is ranging, but have to be carfeul and probably take a quick lose the moment price breaks out..which at any time will occur)
Attached Images (click to enlarge)
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https://www.cnbc.com/2022/08/03/feds...recession.html

Quote
St. Louis Fed President James Bullard said he expects another 1.5 percentage points or so in interest rate increases this year.
“We’re not a recession right now. ... To some extent, a recession is in the eyes of the beholder,” he told CNBC.
Markets are pricing in another half percentage point rate hike from the Fed in September, though the chances of a third consecutive 0.75 percentage point move are rising.

I feel that another big dump in Gold is possible.
don't believe in mumbo jumbo from gurus & charlatans
#SILVER / Weekly
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I will be looking for sells only today, will look at STF's for any setups to go short. If price break above 1788 than no trade for me for today.
Sell limit at 1784, stop loss above 1800, target is 1767 and below
don't believe in mumbo jumbo from gurus & charlatans
Quoting ForexGoose
Sell limit at 1784, stop loss above 1800, target is 1767 and below
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans
Opened some sells
TP 1779
SL 1783.5
Lets see ..
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Stopped out :/
Gut feeling weekly candle can touch 1810+++….
Extreme gut feeling trader
MontyGoldy - 700$ - 50k$ Return This Week: -6.5%
Last account I broke the 6% daily loss again by 0.04% :/. Still need to make adjustments on my risk management. Nevertheless, everyday there are new lessons to learn. I keep a journal of every mistake I make. I already have 35 new "rules" I have written for myself every time I see something to improve. Hopefully soon , I will be a better trader and be ready to take the real 400k Challenge I already have bought. I need consistency, and..not breaking the rules. My goal, 30 days without breaking the rules before I start the real Challenge. Until now, Always end in profit, but it is not worth if suddenly I break any risk control rule. I just opened a new account again :/. Hopefully this time I may control my risk parameters in a better way.
Meanwhile, this is what I have on the new account I just opened...
Never give up!
TP ema 200 (red line), but if price rejects on support , I will close manually
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closed manually on support rejection
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ema 200 reached...price..sooner or later reach emas, 200 in this case.
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i would be surprised if it runs away from 1784 to the upside today
don't believe in mumbo jumbo from gurus & charlatans
Gold markets went back and forth Wednesday as we continue to levitate just below a major support area. Because of this, the market is likely to continue struggling, and the fact that the Friday session is the Non-Farm Payroll announcement probably throws even more noise into the market. Given enough time, we think this is a market that will have to make a major decision rather soon.

Closed two long positions early last night.
1773-1779
1763-1772

I should have let it run for more profit but it is trading and we make some mistakes. I closed those positions so when price go down and retest 1755 support on H1 then I can add more long positions at that support. I still believe on my bullish point of gravity which is 1799. My plan was to close all long positions at 1799 and then price will drop to bearish point of gravity 1723.
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Love for all; Hatred for none.
Not the time I prefer to trade but enter short now @ 1787.2.
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Valadorn