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  • #13,741
  • Jul 27, 2023 9:01am Jul 27, 2023 9:01am
Quoting Zebi
{quote} heres another piece of analysis that will probably prove true by end of the week....i was wrong by 5 trading days and that was because of the asian banks dollar selling ....i think they been doing it in a stealthy way all this month but their actions finally came to light this past week...thats al the bulls have in their corner so once that stops its probably a lower drop than what would have been without the intervention

im wrong by 7 days lol
short trump and go long the deepstate
  • #13,742
  • Jul 27, 2023 9:01am Jul 27, 2023 9:01am
Quoting d1zzy
{quote} TP hit at 54.85 WHAT A RELIEF. No more swing trading for me for a while now Back to the basics, back to day trades.
Feeling Good for you.....4H and Hourly Joint operation works very well but Liquidity hunt is the main purpose so price pushed slightly upward.You need to spend some of your time on RR because we can not hold our trade for more than 5 Dollar move in case of gold because of its huge volatility. Trade safe
  • #13,743
  • Jul 27, 2023 9:01am Jul 27, 2023 9:01am
Quoting T721
Gold Update -- not too bad but didnt quite reach target, maybe it will maybe wont but make sure you lock some in All i need now is my UK100 trade to drop, could be a nice swing. 6 positions upside down ATM and 1 slightly in profit. Will be holding for a decent drop, at least 150handles {image} {image}
First LQ hit. Could it do more ?? who knows but if you are in i would seriously Cover 80% or all. Should bounce now
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  • #13,744
  • Jul 27, 2023 9:02am Jul 27, 2023 9:02am
Quoting parveenverma
{quote} Hi...price need to close below 1945 for bearish move continue.....but big retracements can be expected because price has left many untested levels behind.Trade safe
Which candle?? daily or 4H??
  • #13,745
  • Jul 27, 2023 9:02am Jul 27, 2023 9:02am
M30 Timeframe
Bulls are not out of race yet. There is another uptrend line coming which is at 1932.54 atm.
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Love for all; Hatred for none.
  • #13,746
  • Jul 27, 2023 9:07am Jul 27, 2023 9:07am
Quoting Pipsolengelo
{quote} Which candle?? daily or 4H??
This level is as per Daily Bias so Daily need to close below. Trade safe
  • #13,747
  • Jul 27, 2023 9:14am Jul 27, 2023 9:14am
looks like gold is hesitating here to tank further
  • #13,748
  • Jul 27, 2023 9:21am Jul 27, 2023 9:21am
Quoting Freddyfx
looks like gold is hesitating here to tank further

__________ I dont Think so = ATM
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Don’t focus on making $$$, focus on protecting what you have.
  • #13,749
  • Jul 27, 2023 9:26am Jul 27, 2023 9:26am
Quoting parveenverma
{quote} Feeling Good for you.....4H and Hourly Joint operation works very well but Liquidity hunt is the main purpose so price pushed slightly upward.You need to spend some of your time on RR because we can not hold our trade for more than 5 Dollar move in case of gold because of its huge volatility. Trade safe
Usually use 4HR or 1HR to find POI's, always preferred to trade on the higher times. TP' levels also same on higher TF's.

I have a $5 rule, after $5 i usually hedge and then close and re-enter again, average it out and maybe break even or take profit. Maybe I should consider using a stop loss.

Thank you for the support, appreciate it
  • #13,750
  • Jul 27, 2023 9:32am Jul 27, 2023 9:32am
Quoting profits7
{quote} __________ I dont Think so = ATM {image}
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____________ this kind of tradin XU you can NOT do this on a frikkin MOBILE unless you are just demoing = IMHO !
Don’t focus on making $$$, focus on protecting what you have.
  • #13,751
  • Jul 27, 2023 9:37am Jul 27, 2023 9:37am
Quoting d1zzy
{quote} Usually use 4HR or 1HR to find POI's, always preferred to trade on the higher times. TP' levels also same on higher TF's. I have a $5 rule, after $5 i usually hedge and then close and re-enter again, average it out and maybe break even or take profit. Maybe I should consider using a stop loss. Thank you for the support, appreciate it
1949 a very important level to watch out.....If Daily close above it today then Bulls can start buildup upstairs again. We have to keep in mind that this down swing is huge and required big retracements. As I posted earlier 4H and Daily left untested levels behind.I am done for the day.Trade safe
  • #13,752
  • Jul 27, 2023 9:41am Jul 27, 2023 9:41am
Longed from here, will try to grab my tp at 49
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #13,753
  • Jul 27, 2023 9:46am Jul 27, 2023 9:46am
I started this week with like 53 usd and made consistent profits everyday bringing it up to 110 usd and right after the news I've lost it all and am now sitting at 22 usd this is getting onto my nerves like I wanted to stay away for today as I made my profit of 5 usd before the news was released which would have been nice but I took a trade even though I shouldn't have and now I've literally blew my account oof.
Never stop learning. Improvise, adapt, overcome.
  • #13,754
  • Jul 27, 2023 9:47am Jul 27, 2023 9:47am
Quoting parveenverma
{quote} Hi...price need to close below 1945 for bearish move continue.....but big retracements can be expected because price has left many untested levels behind.Trade safe
Man, it was 324 + loss vs 17 USD profit.. this was the best breakeven for a newbie like me.. thanks for the advise.
  • #13,755
  • Jul 27, 2023 9:49am Jul 27, 2023 9:49am
Quoting aahmad29
{quote} Price left untested level at 1970 Sell 1982 TP 1972 (Hit TP) Sell 1973 TP 1963 (Hit TP) Sell 1963 TP 1953 (Hit TP) Sell 1952 TP 1935 Sell 1942 TP 1935 Sell 1932 TP 1923 Sell 1922 TP 1913 Sell 1912 TP 1903 Buy 1952 TP 1962 Buy 1972 TP 1982 Buy 1962 TP 1972 Buy Limit 1918 TP 1928 Buy Limit 1922 TP 1932 Buy Limit 1932 TP 1942 Buy Limit 1942 TP 1952
Closed all short positions at minimal loss of 0.5% for today but 5.4% profit for this week. I am only adding long positions atm.
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Love for all; Hatred for none.
  • #13,756
  • Jul 27, 2023 9:56am Jul 27, 2023 9:56am
Quoting aahmad29
{quote} Closed all short positions at minimal loss of 0.5% for today but 5.4% profit for this week. I am only adding long positions atm. {image}
will it retrace back?
  • #13,757
  • Jul 27, 2023 10:02am Jul 27, 2023 10:02am
I see price hesitating more and more at this level and a retracement WILL happen !!
  • #13,758
  • Jul 27, 2023 10:16am Jul 27, 2023 10:16am
Quoting Masool
{quote} will it retrace back?
I am not good at technical analysis. I avoid buying at top (but sometimes I made mistake ) and selling at bottom. I use range trading for my profits and when positions are build up then try to close at BE or minimal loss by using money management. It looks weird that I should be collecting profits and I am closing at minimal loss but I had too many positions build up so closed all short positions and now will wait for range trading again.
Love for all; Hatred for none.
  • #13,759
  • Jul 27, 2023 10:16am Jul 27, 2023 10:16am
put sell limit orders at these lines in case asia starts selling dollars again overnite...have to be weary of those pricks manipulating their currencies...i suspect they been doing it all month not just the last week
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short trump and go long the deepstate
  • #13,760
  • Jul 27, 2023 10:20am Jul 27, 2023 10:20am
Quoting parveenverma
{quote} Hi...price need to close below 1945 for bearish move continue.....but big retracements can be expected because price has left many untested levels behind.Trade safe
Thanks for your help. Please can you post untested levels especially above 1945?
In my volume analysis, I have only one level at 1970
Thanks
Love for all; Hatred for none.
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