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Gold

  • #3,981
  • Oct 28, 2022 2:39am Oct 28, 2022 2:39am
Quoting sboy.s63
{quote} Position activated God bless everyone!
Trail the stop to profit
  • #3,982
  • Oct 28, 2022 2:59am Oct 28, 2022 2:59am
This is my performance on a live small account where I took high risk. profit was around $700 in 10 days with a deposit of $51 but today I lost this account due to over expectation of Gold movement rather than lookin at real price action, My stop was 1656 but due to overmargin position, my account was wiped out.
Will start one more account next week positively. $43 in deposit amount is the amount settle by broker so my initial investement was $51 only and I withdrew total $579. Today lost $181.
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  • #3,983
  • Oct 28, 2022 3:02am Oct 28, 2022 3:02am
Quoting sboy.s63
Finally, a small reversal pattern hit 1651 support buy gold 1652.00 st :1650 tp :1655.56
I will wait for price action here. In my opinion the right price to buy at is 1641, we can ignore price action there.
  • #3,984
  • Oct 28, 2022 3:49am Oct 28, 2022 3:49am
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RedcaT 3003
25k Return This Week: na
  • #3,985
  • Oct 28, 2022 3:52am Oct 28, 2022 3:52am
Quoting redcat3003
{image}
Yes that is a nice rejection, but I will wait for price action on 1hr tf atleast
  • #3,986
  • Oct 28, 2022 4:37am Oct 28, 2022 4:37am
Wait for price action at these 2 places.
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  • #3,987
  • Oct 28, 2022 5:01am Oct 28, 2022 5:01am
My buy call.
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  • #3,988
  • Oct 28, 2022 5:24am Oct 28, 2022 5:24am
Quoting pundit78
My buy call. {image}
I think gold reacted well
  • #3,989
  • Oct 28, 2022 5:26am Oct 28, 2022 5:26am
1647 range with 1646 stop is suitable for buying gold, what do you think?
  • #3,990
  • Oct 28, 2022 5:29am Oct 28, 2022 5:29am
Quoting sboy.s63
1647 range with 1646 stop is suitable for buying gold, what do you think?
i believe gold is faking it -possibly going all the way down to 1643
  • #3,991
  • Oct 28, 2022 5:42am Oct 28, 2022 5:42am
Quoting MrBj
{quote} i believe gold is faking it -possibly going all the way down to 1643
You are right, rejection at 1 hr is not that much strong.
  • #3,992
  • Oct 28, 2022 5:42am Oct 28, 2022 5:42am
Quoting pundit78
My buy call. {image}
Closing it wit -5 pips, rejection is not that much strong.
  • #3,993
  • Oct 28, 2022 5:56am Oct 28, 2022 5:56am
Quoting sboy.s63
1647 range with 1646 stop is suitable for buying gold, what do you think?
My position was activated, considering that we did not have a strong reaction in the one-hour time frame, I trail the stop at profit
  • #3,994
  • Oct 28, 2022 6:02am Oct 28, 2022 6:02am
may i ask what position you enter?
  • #3,995
  • Oct 28, 2022 6:36am Oct 28, 2022 6:36am
Finally, a suitable reaction was seen in gold in the 30-minute time frame
  • #3,996
  • Oct 28, 2022 6:58am Oct 28, 2022 6:58am
After a long wait, short position is closed

1665 - 1651
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Love for all; Hatred for none.
  • #3,997
  • Oct 28, 2022 7:01am Oct 28, 2022 7:01am
Quoting sboy.s63
Finally, a suitable reaction was seen in gold in the 30-minute time frame
Very Right.

Long from 1650 Sl 1645.5 TP - 1656
  • #3,998
  • Oct 28, 2022 7:29am Oct 28, 2022 7:29am
Quoting pundit78
{quote} Very Right. Long from 1650 Sl 1645.5 TP - 1656
Sl hit
  • #3,999
  • Oct 28, 2022 7:31am Oct 28, 2022 7:31am
Quoting pundit78
{quote} I will wait for price action here. In my opinion the right price to buy at is 1641, we can ignore price action there.
Reaction from 2nd zone.
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  • #4,000
  • Oct 28, 2022 7:38am Oct 28, 2022 7:38am
Quoting pundit78
{quote} Reaction from 2nd zone. {image}
Reaction from such zones give 1:2 win ratio.
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