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  • #5,061
  • Feb 3, 2023 8:31am Feb 3, 2023 8:31am
Quoting ForexGoose
i sold from 1880, stop loss above 1885, target 1840
I am with you but my target is 1857. I just checked that there is huge difference in green numbers of Non Farm Employment Change

SL is at 1890
Love for all; Hatred for none.
  • #5,062
  • Feb 3, 2023 8:43am Feb 3, 2023 8:43am
I am little worried about SL.
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #5,063
  • Feb 3, 2023 9:08am Feb 3, 2023 9:08am
Quoting ForexGoose
i sold from 1880, stop loss above 1885, target 1840
moved stop loss to break-even
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,064
  • Feb 3, 2023 9:20am Feb 3, 2023 9:20am
Quoting ForexGoose
{quote} moved stop loss to break-even
might be a bear trap today if the price gets above 1880 on the daily chart
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,065
  • Feb 3, 2023 9:24am Feb 3, 2023 9:24am
Buy 1877 target 2000 WITH IN 45 DAYS
  • #5,066
  • Feb 3, 2023 10:09am Feb 3, 2023 10:09am
Quoting Preethi
Buy 1877 target 2000 WITH IN 45 DAYS
why?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,067
  • Feb 3, 2023 11:04am Feb 3, 2023 11:04am
If 1865 breaks then maybe price goes to 1855.

—update from daily graph ~ 1863 could also support.
  • #5,068
  • Feb 3, 2023 12:31pm Feb 3, 2023 12:31pm
Quoting ForexGoose
{quote} might be a bear trap today if the price gets above 1880 on the daily chart
Do you think the retracement can be up to 1880? Gold is still in bull market?
I'm learning to trust my own charts..
  • #5,069
  • Feb 3, 2023 12:32pm Feb 3, 2023 12:32pm
Quoting aahmad29
I am little worried about SL. {image}
Closed short position at 1863. Sell Stop @1850 TP1840
Love for all; Hatred for none.
  • #5,070
  • Feb 3, 2023 12:38pm Feb 3, 2023 12:38pm
Quoting aahmad29
I am little worried about SL. {image}
When in doubt, get out.

Edit: I see you've closed it.
  • #5,071
  • Feb 3, 2023 1:59pm Feb 3, 2023 1:59pm
Quoting blackndwhite
{quote} When in doubt, get out. Edit: I see you've closed it.
Yes I closed the trade because in past 1855-1865 area was strong resistance and now I had doubt that it can convert into support. It is better to have some profit in pocket.
Love for all; Hatred for none.
  • #5,072
  • Feb 4, 2023 8:08am Feb 4, 2023 8:08am
Quoting forexgoose
{quote} why?
elliot wave 2 to 3
  • #5,073
  • Feb 5, 2023 1:50pm Feb 5, 2023 1:50pm
Quoting Preethi
{quote} elliot wave 2 to 3
which position you use that 1877 buy SL.
today can we see correction from this point to 1880 or another?
  • #5,074
  • Edited 6:17pm Feb 5, 2023 5:52pm | Edited 6:17pm
Quoting kourosh1347
{image}{file}{file}{file}{file}
Could you please create a template for this setup so that we could learn the setting for the indicator in your trading experiment pls?

or could you pls share the setting of the FVG using here. The priceactiondetector3 is on default setting is it correct?
thank you for your help and demonstration of using this combination of indicators and EA.

I was with you in the drop of gold on that day, but to my surprise a move up, in my system a retracement to 50% or 61.8%, did not happen on that late afternoon, and could have caused me many small losses, added together it could be even larger than total profit of the fall down. I stopped trading and only trade on paper after losing back about 1/3 to 1/2 of the dropping profit. Hence I hope the priceactiondetector3 could help me doing the right decision when to enter a buy from this level or exit.

Did you take any trade after the fall on Friday using your PA indicator, and how what your result?
I trade M1, according to this priceactiondetector3 at the moment, when would be the moment you say, a trade on the up/down is advisable with the priceactiondetector3 pls?
I would buy when it bounced off 1863, sure when breakout of 1869, if breaks 1863.0, then it could continue going down further, would you evaluate like that too?
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  • #5,075
  • Feb 5, 2023 11:46pm Feb 5, 2023 11:46pm
Quoting ntk
{quote} Could you please create a template for this setup so that we could learn the setting for the indicator in your trading experiment pls? or could you pls share the setting of the FVG using here. The priceactiondetector3 is on default setting is it correct? thank you for your help and demonstration of using this combination of indicators and EA. I was with you in the drop of gold on that day, but to my surprise a move up, in my system a retracement to 50% or 61.8%, did not happen on that late afternoon, and could have caused me many small losses,...
Attached File(s)
File Type: ex4 PriceActionDetector3.ex4   222 KB | 461 downloads
Attached File(s)
File Type: ex4 fvg.ex4   205 KB | 528 downloads
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Click to Enlarge Name: screenshot.png Size: 18 KB
  • #5,076
  • Feb 6, 2023 1:31am Feb 6, 2023 1:31am
Good Morning Friends,

It seems again going to sell
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  • #5,077
  • Feb 6, 2023 4:00am Feb 6, 2023 4:00am
Quoting tauhidur
{quote} which position you use that 1877 buy sl. Today can we see correction from this point to 1880 or another?
Target 2000 and above
  • #5,078
  • Feb 6, 2023 4:53am Feb 6, 2023 4:53am
Quoting kourosh1347
{quote} {file}{file}{image}
what would be a rough evaluation/ projection be? Would you vague one for gold
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  • #5,079
  • Feb 6, 2023 6:05am Feb 6, 2023 6:05am
Quoting ntk
{quote} what would be a rough evaluation/ projection be? Would you vague one for gold {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #5,080
  • Edited 7:45am Feb 6, 2023 7:22am | Edited 7:45am
Quoting kourosh1347
{quote} {image}
@TWEE strange, now I realize on FF more than several places when I click the chart the new chart is exact or smaller size it makes hard to read details. Usually it should enlarge, is something wrong in the setting, my eyes arn't in the 20er anymore

@Kourosh1347 I understand you try to give hint on the trading range currently in 1875 down to 1868. If break out of 1875 then 1888. But the lower limit why not 1866, or 1863?

It looks very much like a flag, and usually for that we could see it down till 1825 ...

NOPE, no going to 1825, I was wrong, it goes down frighteningly speed, then bounced 1868.67 then goes back up, should we see it test 1875, if breaks then 1878 then 1887?
But what is 1868.33 why you see that one important support level?
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