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  • #7,141
  • Apr 25, 2023 4:52am Apr 25, 2023 4:52am
Quoting damsak
{quote} Yeah the first reverse point we can take as scalping area
How long can support and resistance levels really hold?
This is a question that I have tried many ways, but none of them are good.
Maybe it has no answer, just like trading, there is no absolute answer.
Just follow the trend.
  • #7,142
  • Edited 5:31am Apr 25, 2023 5:12am | Edited 5:31am
Quoting lucaswalliam
{quote} How long can support and resistance levels really hold? This is a question that I have tried many ways, but none of them are good. Maybe it has no answer, just like trading, there is no absolute answer.
Thats called trading...
(Mostly news time and market open closing session makes clear)
Its all about Timing!!!
  • #7,143
  • Apr 25, 2023 5:27am Apr 25, 2023 5:27am
Quoting Murugesh29
Let it touch my daily pivot 1984.6..and fly to 2001..
Good touch...
Lets fly soon(4hrs more)before that clearing down...

Trade safe...
Its all about Timing!!!
  • #7,144
  • Apr 25, 2023 6:15am Apr 25, 2023 6:15am
Quoting parveenverma
Most Probably Sell day today because Previous 4H close below a imp level 38.2 but market has a potential to 61.8% means 2018 area anytime within this week that should not be ignored and trade with maintaining proper RR. Downward target suite for today 1977 & 1969 for me. Economic data can change all the figures Negatively & positively.For me only scalping today towards sells sides.Trade safe Edit: Gold has become very very Non predicative these days.It is moving with the trend smoothly and most probably TPs are matched but after that it is spiking...
When everyone was buying,u r point of trading is different...market reacts to it..like it
Its all about Timing!!!
  • #7,145
  • Edited 6:42am Apr 25, 2023 6:30am | Edited 6:42am
Quoting Murugesh29
{quote} When everyone was buying,u r point of trading is different...market reacts to it..like it
Actually my trading system allow me to stick on it always. Once it gives me the signal I cannot avoid it either market reacts positively or negatively.There are only two things that market can give us....Profit or Loss. I accept both of them with warm welcome.Trade safe dear.
  • #7,146
  • Apr 25, 2023 6:31am Apr 25, 2023 6:31am
gold at DeMark's DS1 ( 1981.42 ) right now.. so can be at least one hundred pips down if the break will occur
trend on M30 is down as well
but
in time of preNYO we might expect "buy".., back to PPs at least, 1984-86..,
dolce vita
  • #7,147
  • Apr 25, 2023 6:46am Apr 25, 2023 6:46am
Quoting parveenverma
{quote}Actually my trading system allow me to stick on it always. Once it gives me the signal I cannot avoid it either market reacts positively or negatively.There are only two things that market can give us....Profit or Loss. I accept both of them with warm welcome.Trade safe dear.
Booked my last scalp manually @ 1978.Now market can reacts as I mentioned in my post so if 1977 Broken down with proper confirmation then I will sell again to 1969 & 1965 otherwise I am done for today.Trade safe
  • #7,148
  • Apr 25, 2023 6:52am Apr 25, 2023 6:52am
Quoting parveenverma
{quote}Booked my last scalp manually @ 1978.Now market can reacts as I mentioned in my post so if 1977 Broken down with proper confirmation then I will sell again to 1969 & 1965 otherwise I am done for today.Trade safe
1977 not so strong today..lets see
Its all about Timing!!!
  • #7,149
  • Apr 25, 2023 6:59am Apr 25, 2023 6:59am
Quoting Murugesh29
{quote} 1977 not so strong today..lets see
Market touch the level..Let's see how it reacts.Today's Economic data seems not good for Gold Bears.Gold can react either it is medium impact of low impact data. So we have to advanced with proper confirmation.Trade safe
  • #7,150
  • Apr 25, 2023 7:18am Apr 25, 2023 7:18am
Gold is down 1978, the current price of wine should buy or sell, can you tell me the factors that increase or decrease gold in the near future? can you tell me a website to find information about economic, political, commodity, inflation... or something that affects gold price.
  • #7,151
  • Apr 25, 2023 7:40am Apr 25, 2023 7:40am
Quoting Murugesh29
{quote} 1977 not so strong today..lets see
Level reacts as expected.... I am comfortable with the trendy moves only that I can predict. For me after trendy moves these types of unexpected stop hunting and liquidity creation moves are dangerous for the trading.I am happy with the 50 pips profit gains from trendy move instead of stop hunting move of 200 pips. I am done for today.Trade safe
  • #7,152
  • Apr 25, 2023 7:50am Apr 25, 2023 7:50am
Quoting parveenverma
{quote}Level reacts as expected.... I am comfortable with the trendy moves only that I can predict. For me after trendy moves these types of unexpected stop hunting and liquidity creation moves are dangerous for the trading.I am happy with the 50 pips profit gains from trendy move instead of stop hunting move of 200 pips. I am done for today.Trade safe
Huge push...if the daily closes below 1983..still it goes down..
2001 will decide..
Its all about Timing!!!
  • #7,153
  • Apr 25, 2023 9:33am Apr 25, 2023 9:33am
I still believe that price will hit 2000 level but MA200 is rejecting the price in M30 timeframe. There will be two scenarios. One is Price directly go hit the 2000 level or other is that price go to 1971 or 1948 level and then come back to 2000 level. This analysis is based on volume so 2000 target is variable based on volume. Average volume level is 2000.
Love for all; Hatred for none.
  • #7,154
  • Apr 25, 2023 11:23am Apr 25, 2023 11:23am
Highly traded volume for last ten trading days(Broker time- Day start with Asian Market open) are marked in red lines.

Thanks to Kette.
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Love for all; Hatred for none.
  • #7,155
  • Apr 25, 2023 11:28am Apr 25, 2023 11:28am
i may be wrong. trade safe
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Look right, we'll see the signs
  • #7,156
  • Apr 25, 2023 12:53pm Apr 25, 2023 12:53pm
Quoting FXpart
{image}
I hope somebody took this Trade with me here. It gave huge Profit.
  • #7,157
  • Apr 25, 2023 1:07pm Apr 25, 2023 1:07pm
Quoting damsak
{quote} AND Current situation now as expected {image}
As expected
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  • #7,158
  • Apr 25, 2023 1:08pm Apr 25, 2023 1:08pm
Quoting damsak
{quote} As expected {image} https://youtu.be/SH1RUpM0Ls0
and now the market is reaching to down reverse area
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  • #7,159
  • Apr 25, 2023 1:12pm Apr 25, 2023 1:12pm
Quoting aahmad29
I still believe that price will hit 2000 level but MA200 is rejecting the price in M30 timeframe. There will be two scenarios. One is Price directly go hit the 2000 level or other is that price go to 1971 or 1948 level and then come back to 2000 level. This analysis is based on volume so 2000 target is variable based on volume. Average volume level is 2000.
Here you go. Closed long position 1985-2000

There is still more room to go up to 2007 but it is risky so no trade in that area for me
Love for all; Hatred for none.
  • #7,160
  • Apr 25, 2023 1:28pm Apr 25, 2023 1:28pm
Quoting damsak
{quote} and now the market is reaching to down reverse area https://youtu.be/SH1RUpM0Ls0 {image}
and as mentioned started to go down. $100 done for scalps


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