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  • #15,501
  • Aug 14, 2023 9:07pm Aug 14, 2023 9:07pm
Imma close my buy now
Trading is very lonely
  • #15,502
  • Aug 14, 2023 9:08pm Aug 14, 2023 9:08pm
Quoting fontu
{quote} Confliction justified, as both bull, bear may play,! but as in bear set up, bear in upper hand already, bull to beat to convert into bull set up to start only, 1st signal bull set be 1916.19, confirm over 1930. Till then just bear. Weekly tf in driving seat, not so confused yet! Take care, have a nice dream! {image} {image} {image} {image}
hi, am expecting 1892 from here. Kindly share your opinion. Thank you
Everything, what's meant to be will find its way
  • #15,503
  • Aug 14, 2023 9:22pm Aug 14, 2023 9:22pm
id put buy limits in on gold if wasnt long AU and GU already LOL
short trump and go long the deepstate
  • #15,504
  • Aug 14, 2023 9:32pm Aug 14, 2023 9:32pm
price probably going back to 1912
short trump and go long the deepstate
  • #15,505
  • Aug 14, 2023 9:33pm Aug 14, 2023 9:33pm
Quoting Zebi
price probably going back to 1912

I think youre right man. I over target it to be at 1919. Because i need to double check why i saw a supply there
Trading is very lonely
  • #15,506
  • Aug 14, 2023 10:07pm Aug 14, 2023 10:07pm
Bad news from china. So gold will fall fast, when price will go through 1902. Maybe in EU session.

Oil also should react.
  • #15,507
  • Aug 14, 2023 10:09pm Aug 14, 2023 10:09pm
XAUUSD
Date 15-8-2023
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  • #15,508
  • Edited 11:37pm Aug 14, 2023 11:14pm | Edited 11:37pm
Quoting Mohamed-Seit
{quote}hi, am expecting 1892 from here. Kindly share your opinion. Thank you
Just checking the pa, bear set up ok, a bottoming effect possible over 1902, expecting 1911/ over 1913.14 to try delivery baby bull at 1916.19. So failure at any 3 level may continue bear. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,509
  • Edited 4:55am Aug 15, 2023 12:16am | Edited 4:55am
Quoting OBsayMkMoney
{quote} This point is valid. But so is the 70 percent accuracy which frankly would get you farther. I understand what you mean, and I used to wait for these until someone showed me that a 70 percent win rate with propper money management, even on the low end of 3 to 1 would propel me higher. If you make 3x on 70 percent of trades, those 30 1x losses won't amount to a hill of beans. I suggested demo, because that way it could be practiced without pain. I in no way want anyone to abandon a working strategy until they have another. Perhaps therein...
This is a good suggestion. I feel as though money management(letting profits run and cutting losses) or high accuracy methodologies(taking large profitable trades, reducing losing trades) are really ultimately doing the same thing which is maximize profits, reduce losses. In the end we trade ourselves and what we are comfortable doing. Some people are comfortable losing 3 trades in a row knowing that the losses wont amount to much due to money management and that they will win 7 trades due to their 70% accuracy and those wins will be larger in weight. For those people they should trade what suits them which is that money management 70% accuracy strategy. However there those like me who enjoy the comfort of knowing that the trade has a super high chance of winning so that they can increase the lot size per trade with confidence and simply do not like to lose trades no matter how negligible the loss so for those people, a 70% winrate just wouldn't work well. The best thing to for me however is to do is a combination of both which is really accurate setups that I can leverage higher with confidence combined with trailing stop based large multiple to 1 reward to risk ratio winning trades and rarely occurring maximum 1 to 1 reward to risk ratio losing trades. Thanks to William Vickrey and his paper on Counterspeculation, Auctions, and Competitive Sealed Tenders written in 1961 which won the Nobel Prize in Economics in 1996, I can trade this way and achieve this result comfortably.

So in the end we trade ourselves, our personalities, our preferences, our tolerances, our affinities and aversions. No matter what the trading strategy, once you realize you are able to trade confidently and comfortably, you are now in the zone. A calm peaceful understanding and acceptance state where you don't panic or get emotional. You simply function according to your trading plan which is a reflection of yourself. True congruency. No fear no panic. Just function.
  • #15,510
  • Aug 15, 2023 12:42am Aug 15, 2023 12:42am
Let's see if we can get that break of 1902. Weekly S1 at 1900 break would be nice as well.
  • #15,511
  • Edited 1:09am Aug 15, 2023 12:51am | Edited 1:09am
though early bird without any signal taking long test to see over 104.10, earliest signal 1907.35 amd 1908.14 . even bear continue / unexpected but may a shakeout bull to 1899 also bull ok to look forwards at present situation . bounce in favour to see how much can do . targets 1909.15, 1912.65, 1915+.
lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,512
  • Aug 15, 2023 1:32am Aug 15, 2023 1:32am
Quoting sharingan9
{quote} This is a good suggestion. I feel as though money management(letting profits run and cutting losses) or high accuracy methodologies(taking large profitable trades, reducing losing trades) are really ultimately doing the same thing which is maximize profits, reduce losses. In the end we trade ourselves and what we are comfortable doing. Some people are comfortable losing 3 trades in a row knowing that the losses wont amount to much due to money management and that they will win 7 trades due to their 70% accuracy and those wins will be larger...
Amazing! Simple explanation, respectfully, and readable English!
Thats exactly what this thread needs.
  • #15,513
  • Aug 15, 2023 1:55am Aug 15, 2023 1:55am
Quoting Mohamed-Seit
{quote}hi, am expecting 1892 from here. Kindly share your opinion. Thank you
Guy the forum have been missing you
  • #15,514
  • Aug 15, 2023 2:31am Aug 15, 2023 2:31am
Quoting ballballball
Sell Only tp 1847 and 1797
  • #15,515
  • Aug 15, 2023 2:51am Aug 15, 2023 2:51am
Quoting Mohamed-Seit
{quote}hi, am expecting 1892 from here. Kindly share your opinion. Thank you
you had said 1770 man. i am holding my sells for that target. Is your analysis the same? or has it changed now?
  • #15,516
  • Aug 15, 2023 3:08am Aug 15, 2023 3:08am
Hello everyone.
Longed ,trade safe.
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #15,517
  • Aug 15, 2023 3:11am Aug 15, 2023 3:11am
Quoting SkullCandy
Hello everyone. Longed ,trade safe. {image}
longed as well, 1904 tp 1912
  • #15,518
  • Aug 15, 2023 3:24am Aug 15, 2023 3:24am
Quoting Naush
{quote} longed as well, 1904 tp 1912
SL?
  • #15,519
  • Aug 15, 2023 3:28am Aug 15, 2023 3:28am
Quoting swimonlove
{quote} SL?
No SL; I keep adding layers as it goes against me and when i have had enough and all hope is lost in my favorable direction I hedge then. Currently panning on hedging if it breaks strongly below 1900
  • #15,520
  • Aug 15, 2023 3:36am Aug 15, 2023 3:36am
Quoting SkullCandy
Hello everyone. Longed ,trade safe. {image}
Still getting mixed signals. I'll wait for better confirmation.

EDIT: Ha ha, I was wrong
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Berci