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  • #12,241
  • Jul 14, 2023 2:01am Jul 14, 2023 2:01am
Quoting Mohamed-Seit
{quote} entered sell at 1963. expecting 1950 target.. {image}
new history on my trading career. Today high price 1963.671. My sell entry price is same as 1963.671.. wow. Am very happy.. I didn't expect this..
Everything, what's meant to be will find its way
  • #12,242
  • Jul 14, 2023 2:09am Jul 14, 2023 2:09am
Quoting Mohamed-Seit
{quote}new history on my trading career. Today high price 1963.671. My sell entry price is same as 1963.671.. wow. Am very happy.. I didn't expect this..
1954.36 is the watch-out level to reach to your target.....can create hurdle.Trade safe
  • #12,243
  • Jul 14, 2023 2:15am Jul 14, 2023 2:15am
Quoting Pipsolengelo
{quote} The one that is coming down. Do you have any good source where i can learn about elliot waves? The little knowledge that i have is very limited and i never predict the pattern correctly.
You find articles about elliot in ff, web..., it's very easy to learn.gl
  • #12,244
  • Jul 14, 2023 2:23am Jul 14, 2023 2:23am
Quoting parveenverma
{quote}1954.36 is the watch-out level to reach to your target.....can create hurdle.Trade safe
Ok sure. But I see 1953 reject after 1948 must reach. If not. My strategy totally wrong. Have to find new way to predict
Everything, what's meant to be will find its way
  • #12,245
  • Jul 14, 2023 2:34am Jul 14, 2023 2:34am
Quoting Mohamed-Seit
{quote}new history on my trading career. Today high price 1963.671. My sell entry price is same as 1963.671.. wow. Am very happy.. I didn't expect this..
Sheesh...how you predict that?
If You Can't Join Them, Beat Them!
  • #12,246
  • Jul 14, 2023 2:36am Jul 14, 2023 2:36am
Ffs. If you're going down, just go down. If you're reversing, just reverse.
  • #12,247
  • Jul 14, 2023 2:47am Jul 14, 2023 2:47am
I can't be the only one who sees this lack of commitment as "This is the bottom...This is the bottom" am I?
  • #12,248
  • Jul 14, 2023 2:49am Jul 14, 2023 2:49am
I have been trading Euro Usd for a long time and now I am going to start trading Gold too.
I am so excited and so looking forward.
I have a big prop firm trading account and now I think I can trade the crazy volatile Gold. Enough margin to do positional trades.
For the jinns time is not like a river but like an ocean!
  • #12,249
  • Jul 14, 2023 2:51am Jul 14, 2023 2:51am
So now it's going for my sells. Utter c&*t.
  • #12,250
  • Jul 14, 2023 3:00am Jul 14, 2023 3:00am
Quoting parveenverma
{quote}1954.36 is the watch-out level to reach to your target.....can create hurdle.Trade safe
Reaction Started..........
  • #12,251
  • Jul 14, 2023 3:01am Jul 14, 2023 3:01am
Quoting parveenverma
{quote} Reaction Started..........
But for how far...New high or just back to around 1960?
  • #12,252
  • Jul 14, 2023 3:04am Jul 14, 2023 3:04am
Is this the beginning of a new move higher, or just a pull back on its way down to 1950? Don't know.
  • #12,253
  • Jul 14, 2023 3:07am Jul 14, 2023 3:07am
Quoting MrFanciful
{quote} But for how far...New high or just back to around 1960?
Price has to close above 1960 otherwise I am expecting more drop.....Above a Giant holding the bulls doors.Happy Trading
  • #12,254
  • Jul 14, 2023 3:07am Jul 14, 2023 3:07am
Quoting MrFanciful
Is this the beginning of a new move higher, or just a pull back on its way down to 1950? Don't know.
No need to guess, just wait and see, react accordingly and manage your position size.
  • #12,255
  • Jul 14, 2023 3:17am Jul 14, 2023 3:17am
Quoting CreeperFreak
{quote} No need to guess, just wait and see, react accordingly and manage your position size.
This where I lose my mind, because every move is a possible pull back or an extension.

Is this up move the beginning of a new up move or the end of a retracement to continue down. At what point do I react accordingly, when what I see is this?.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-07-14 091439.png Size: 67 KB
  • #12,256
  • Jul 14, 2023 3:18am Jul 14, 2023 3:18am
Quoting parveenverma
{quote} Price has to close above 1960 otherwise I am expecting more drop.....Above a Giant holding the bulls doors.Happy Trading
Update: If 1959.20 reject strongly then next drop up to 1945 is expected.Trade safe
Sorry...typing mistake
  • #12,257
  • Jul 14, 2023 3:22am Jul 14, 2023 3:22am
Quoting MrFanciful
{quote} This where I lose my mind, because every move is a possible pull back or an extension. Is this up move the beginning of a new up move or the end of a retracement to continue down. At what point do I react accordingly, when what I see is this?. {image}
Looks like a retest of the bottom at 1954. But market is very choppy indeed.
  • #12,258
  • Edited 3:45am Jul 14, 2023 3:32am | Edited 3:45am
XAUUSD
Sideway Zone 1952 - 1963
Resistance 1970, 1984 Support 1940,1933
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD_2023-07-14_15-43-36.png Size: 52 KB
  • #12,259
  • Jul 14, 2023 3:34am Jul 14, 2023 3:34am
Managed to lose £1000 without my unrealised profit/loss going negative.
  • #12,260
  • Jul 14, 2023 3:39am Jul 14, 2023 3:39am
Quoting hrwn47
{quote} Sheesh...how you predict that?
Gann prediction. I didn't expect actually. But lucky day got the high price of position. Historical moment for me..
Everything, what's meant to be will find its way
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