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  • #5,401
  • Mar 3, 2023 7:39am Mar 3, 2023 7:39am
Quoting parveenverma
{quote} Sell limit can execute possibly because ISM can boost the market up to 1851-52 or more after that only short positions possible. Retracement can be reach between 1837 to 1841 or slightly below today's low possible.Trade safe
I think it will go deep 1830 then 1847.. only us trading hours 1835 .. hopefully
  • #5,402
  • Mar 3, 2023 7:56am Mar 3, 2023 7:56am
Quoting ForexGoose
{quote} take profit is open, stop loss above 1860
What do you have for a TP?
Observation is the path to discovery.
  • #5,403
  • Mar 3, 2023 8:11am Mar 3, 2023 8:11am
Quoting Alorente
{quote}What do you have for a TP?
Maybe 1820 or lower
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,404
  • Mar 3, 2023 9:08am Mar 3, 2023 9:08am
Quoting jordiHK
SOLD at 1846,66. Found overbought + some Divergence on 1 and 2H charts.
Closed 1840
  • #5,405
  • Mar 3, 2023 9:08am Mar 3, 2023 9:08am
Quoting ForexGoose
{quote} Maybe 1820 or lower
have the same, also a gap around 1820 that needs closing
Janus Return Today: 118.3%
  • #5,406
  • Mar 3, 2023 9:20am Mar 3, 2023 9:20am
Quoting janusforex
{quote} have the same, also a gap around 1820 that needs closing
When you talk about Gap... are speaking about your opened sell positions at 1818 and 1814? Brave to keep them opened when price reached 1849
  • #5,407
  • Mar 3, 2023 9:23am Mar 3, 2023 9:23am
Quoting jordiHK
{quote} When you talk about Gap... are speaking about your opened sell positions at 1818 and 1814? Brave to keep them opened when price reached 1849
He means a gap in the chart. Very visible in M5 or M15.
Observation is the path to discovery.
  • #5,408
  • Mar 3, 2023 9:32am Mar 3, 2023 9:32am
mr. verma waht could be the next move of gold after data from usa .it will go green in or test 1830 again?
  • #5,409
  • Mar 3, 2023 9:57am Mar 3, 2023 9:57am
Quoting jordiHK
{quote} When you talk about Gap... are speaking about your opened sell positions at 1818 and 1814? Brave to keep them opened when price reached 1849
Keeping them open as I believe long term downside combined with positive swap.
Janus Return Today: 118.3%
  • #5,410
  • Mar 3, 2023 10:05am Mar 3, 2023 10:05am
Quoting janusforex
{quote} Keeping them open as I believe long term downside combined with positive swap.
I don't know what lot size you manage with your sell/buy ops. But hold a sell from 1814 at 184X, for me it is insane, is totally against my way.
I also believe in the downside direction, even short-term, but gaps are not gonna convince me to hold these huge - positions, swaps are just a plus.
I also expect a south move soon, so... Im into the bear mood too.
  • #5,411
  • Mar 3, 2023 11:02am Mar 3, 2023 11:02am
Quoting janusforex
{quote} Keeping them open as I believe long term downside combined with positive swap.
nice one janus! I like the fact that swap can accumy positively when holding shorts and that gap, I hope it gets filled next week, they say March have been 25 years historically bad for Gold? Let's see I am placing a short at 1946, TP 1940
"Who Dares Wins"
  • #5,412
  • Mar 3, 2023 6:42pm Mar 3, 2023 6:42pm
Quoting aliibrahimpg
mr. verma waht could be the next move of gold after data from usa .it will go green in or test 1830 again?
Hello aliibrahim Good Morning from . Sorry for not replied of your post. Actually I have close my trading at 1849 price but your can find your answer in my previous post. I have post on Thursday that Gold is in bullish mode on Thursday and Friday. Although there were some sideways actions with stop huntings on thursday but my first TP hit on Friday and 2nd TP I closed manually because ISM data. Actually I always avoid News trading ...specially Red news. Trade Safe
You can see a retracement of between 1837 to 1841.....nearby up to 1839 during ISM data and market advance to more than my 2nd TP continue. I hope Bulls will be relax for some time now.... Trade safe
  • #5,413
  • Mar 5, 2023 10:52am Mar 5, 2023 10:52am
can anyone recommend a Gold ea that proven profitable?
  • #5,414
  • Mar 5, 2023 8:00pm Mar 5, 2023 8:00pm
For me only ....a lots of fireworks on Friday...Bulls can take a little rest during today's Asian session...there can be possible accumulation and stop hunts during Asian session or whole day. Possible Support zones for the bulls become 1851.45, 1848.40 & 1843.50 area and Bulls target can be become nearby 1865 area for probably tomorrow. Bears entry only possible after 1835 for me and break of 1830 area is trend change from bullish to bearish for me.if bears will break 1830 support then the possible target for bears can be between 1808-1810 area. I will surely update my entry or exit target before any buy or sell.Trade safe
  • #5,415
  • Mar 5, 2023 8:08pm Mar 5, 2023 8:08pm
Quoting parveenverma
For me only ....a lots of fireworks on Friday...Bulls can take a little rest during today's Asian session...there can be possible accumulation and stop hunts during Asian session or whole day. Possible Support zones for the bulls become 1851.45, 1848.40 & 1843.50 area and Bulls target can be become nearby 1865 area for probably tomorrow. Bears entry only possible after 1835 for me and break of 1830 area is trend change from bullish to bearish for me.if bears will break 1830 support then the possible target for bears can be between 1808-1810 area....
Hello parveenverma

I find it that your mapping quite useful. May I know how do you analyze the market or the trading system you use?

Thanks
Gold Price Channels
  • #5,416
  • Mar 5, 2023 8:42pm Mar 5, 2023 8:42pm
Quoting GPChannels
{quote} Hello parveenverma I find it that your mapping quite useful. May I know how do you analyze the market or the trading system you use? Thanks
Hello GPChannels.....I am a trend follower and a big fan of fibonacci ratios, and important support and resistance zones. I do not use any trading indicator and tried to keep the charts clean simple.Regards.I avoid red news trading and the retracement swings of Non Directional Actions always.Trade safe
  • #5,417
  • Mar 5, 2023 8:42pm Mar 5, 2023 8:42pm
Quoting zulkamalchin
can anyone recommend a Gold ea that proven profitable?
Hello,Zulkamalchin

I'm still testing my gold EA, in three months I've achieved very small results,small but beautiful

if that great, i will share you for free to copy it

DavidChri
Spread loyalty, build up business relationship
  • #5,418
  • Mar 5, 2023 9:55pm Mar 5, 2023 9:55pm
I spotted a near bearish divergence on M15 and M5, it's time to short just in a moment

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 35 KB
Gold Price Channels
  • #5,419
  • Mar 5, 2023 10:16pm Mar 5, 2023 10:16pm
Quoting GPChannels
I spotted a near bearish divergence on M15 and M5, it's time to short just in a moment {image}
Above 1856 only bullish entry for me. I am waiting for break this price and retest for safe bullish trade with the TP 1865 and SL 1849.If 1856 will not be broken then wait till 1848 and 1843 or retest or some stop hunting in 1851 area for enter buy trade till then I will wait aside only.Trade safe
  • #5,420
  • Mar 5, 2023 10:22pm Mar 5, 2023 10:22pm
Quoting parveenverma
{quote}Above 1856 only bullish entry for me. I am waiting for break this price and retest for safe bullish trade with the TP 1865 and SL 1849.If 1856 will not be broken then wait till 1848 and 1843 or retest or some stop hunting in 1851 area for enter buy trade till then I will wait aside only.Trade safe
I agree with you, and to me this is just the retracement as you plan previously. The friday candle showed the strength of the bulls
Gold Price Channels
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