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  • #8,101
  • May 17, 2023 8:54pm May 17, 2023 8:54pm
I'm long Gold with 204ticks sl lets see if we can take the W on this one
  • #8,102
  • May 17, 2023 9:37pm May 17, 2023 9:37pm
Quoting aahmad29
{quote} I thought my name came up so it is better I clarify some stuff.
maybe can mention in your post that you are doing m1 scalping going forward to avoid those issues.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,103
  • May 17, 2023 9:50pm May 17, 2023 9:50pm
If gold price remains below 1987 today, it is likely that gold will break through the support level for further downwards.
Join My Signal On Telegram at @forextradingforlivingsignal
  • #8,104
  • May 17, 2023 9:51pm May 17, 2023 9:51pm
Quoting Inthebox
{quote} maybe can mention in your post that you are doing m1 scalping going forward to avoid those issues.
Yes sometimes I mention that like I mentioned in post #8056. But mostly I am assuming that if I mention that I am taking short position then it means volume is increasing toward selling and if I take long position then it means volume is increasing for buyers. But I think traders do not read posts and jump to single one post and ignoring the others but sometimes different posts are linked to each other. But I will keep in mind and make it note about M1 timeframe for copy paste in every post.
Love for all; Hatred for none.
  • #8,105
  • May 17, 2023 9:59pm May 17, 2023 9:59pm
Quoting aahmad29
I am starting buying again from 1981 TP 1990 because day close above 1976. Buy limit @1976 or may be 1977
My all positions are based on volume analysis in M1 and M5 timeframe. Those positions have nothing to do with trend or against the trend.
Love for all; Hatred for none.
  • #8,106
  • May 17, 2023 10:07pm May 17, 2023 10:07pm
Quoting aahmad29
{quote} My all positions are based on volume analysis in M1 and M5 timeframe. Those positions have nothing to do with trend or against the trend.
Hey Buddies! What's up? MARKET HAS NOT DECIDED YET THE UPCOMING MOVE..... Most probably buyers can become dominant but yet not confirmed. So till I not get a confirm direction my scalping mode is on. Trade Safe
  • #8,107
  • May 17, 2023 10:08pm May 17, 2023 10:08pm
Hello,
I am back again with a new chart analysis practice.
Since the 1DL got broken and is basically merged with the 1WL yesterday, I will disregard it for now.
I am even more bearish aligned in the short term for now.
However, since the momentum looks like it has gone down quite a bit yesterday, I maintain the opinion that the market might go into a range before making any big moves.
The market right now looks too risky for me, so I will just watch and see if something happens.
Safe trading and good luck!
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  • #8,108
  • May 17, 2023 10:58pm May 17, 2023 10:58pm
ranging after broke trend line.
let's see what happen at this battle ground.
it is better to see how price react to certain area than to predict.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #8,109
  • May 17, 2023 11:04pm May 17, 2023 11:04pm
Quoting Inthebox
ranging after broke trend line. let's see what happen at this battle ground. it is better to see how price react to certain area than to predict. {image}
what is the gray rectangle fvg?
without patience how can you be a trader?
  • #8,110
  • May 17, 2023 11:06pm May 17, 2023 11:06pm
Quoting Steverino832
{quote} what is the gray rectangle fvg?
yes. d1 fvg.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,111
  • May 17, 2023 11:16pm May 17, 2023 11:16pm
Quoting Inthebox
ranging after broke trend line. let's see what happen at this battle ground. it is better to see how price react to certain area than to predict. {image}
in ltf m1 it is scary to see the drop.
one can see price reacting to the trend line.
if you are inquisitive enough to know why price dropped from the top.
just look left in your chart
or the h1 chart above can give the reason why.
analyse, study and learn the whys.
this way you don't have to depend on indicators or what others are saying.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #8,112
  • May 18, 2023 12:12am May 18, 2023 12:12am
Quoting Inthebox
{quote} in ltf m1 it is scary to see the drop. one can see price reacting to the trend line. if you are inquisitive enough to know why price dropped from the top. just look left in your chart or the h1 chart above can give the reason why. analyse, study and learn the whys. this way you don't have to depend on indicators or what others are saying. {image}
did come down price fill the price gap?
without patience how can you be a trader?
  • #8,113
  • May 18, 2023 12:28am May 18, 2023 12:28am
Quoting Steverino832
{quote} did come down price fill the price gap?
i do not know what you mean.
price came down to fill the lowest gap.
i think price later will go up to fill the other gaps.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #8,114
  • May 18, 2023 1:53am May 18, 2023 1:53am
https://www.forexfactory.com/thread/...0#post14429030

What is the problem?
Don't want to proselytize here, everyone chooses a different approach to the market.
I assumed that one or the other would be interested in the presentation of the market environment, in which gold is currently moving.
Does it make sense to worry about gold going long when bond yields are high?
What if the short-dated interest rates are higher than the long-dated ones?
What to expect if USDX shows great strength?
The amplitude shows how far away or close gold is.
The market is influenced by other factors, so this relative view is not an invitation to hit the sell or buy button.
It is an element in probability poker.
I'm having a hard time figuring out what's unclear about it.
- The relative, the effect of correlations?
- The effect of interest?
- The position of the USD in the market to read an amplitude? Finding the tipping points?

For scalpers, this info may actually be uninteresting. Just ignore.
  • #8,115
  • May 18, 2023 1:53am May 18, 2023 1:53am
Hi bro, do you guys have any thoughts on gold today?
From my point of view the downtrend is still continuing with declining highs and lows.
But the support effect at 1975 is also evident, so this is confusing me. I hope it falls below support so the trend is obvious.
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Just follow the trend.
  • #8,116
  • May 18, 2023 1:57am May 18, 2023 1:57am
According to my observation, let's take a look at the weekly and monthly candlesticks. I believe they already indicate where gold is heading in the future. It might be wiser to look for selling opportunities rather than buying opportunities for the medium term ahead.
Join My Signal On Telegram at @forextradingforlivingsignal
  • #8,117
  • May 18, 2023 2:07am May 18, 2023 2:07am
Quoting lucaswalliam
Hi bro, do you guys have any thoughts on gold today? From my point of view the downtrend is still continuing with declining highs and lows. But the support effect at 1975 is also evident, so this is confusing me. I hope it falls below support so the trend is obvious. {image}
london open should be clearer.
you are using oscillators. they told you there's divergence right?
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,118
  • May 18, 2023 2:10am May 18, 2023 2:10am
Hello everyone!

Today I will be looking for a retest at 1972.9 for a long position, from there I would like and see gold move as high as 2001. Stop loss 25pips, TP 35ticks.
Stay Alive
Getting green but seldom seen
  • #8,119
  • May 18, 2023 2:18am May 18, 2023 2:18am
Quoting Inthebox
{quote} i do not know what you mean. price came down to fill the lowest gap. i think price later will go up to fill the other gaps. {image}
at the back of everyone's mind there is a directional bias.
however there are also road blocks along the way.
so each one has to consider whether which obstacles will cause enough damage to the original plan.

so a scalper or day trader mindset is very different from a swing trader.
do you know what type you belong to?
do you know the trader you are following belong to what type?
if a type different from yours giving advises to you, then it's all wrong.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #8,120
  • May 18, 2023 2:34am May 18, 2023 2:34am
Quoting Inthebox
{quote} london open should be clearer. you are using oscillators. they told you there's divergence right?
Yes.
And there's been a feeling today that gold will go up.
It feels like it's unreliable, but it's interfering with my trading.
Just follow the trend.
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