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  • #16,481
  • Aug 23, 2023 9:36am Aug 23, 2023 9:36am
Quoting Murugesh29
{quote} Yep! Hit my SL,now counter trade for the sl.. For 1870 it needs atleast a touch of 1925-30 area ,as weekly resistance has broken by h4 Trade safe

You may wanna monitor 1920 for rejection. There is a possibility of shorting now with sl of 1925. But i doubt its gonna go down 1911. I highly believe its gonna play till 1916. Then it drives up again

I might be wrong. But if it breaks 1916. Then 1911 is a possibility. Just glad im out. Waiting for daily to close today and reanalyse tomorrow again
Trading is very lonely
  • #16,482
  • Aug 23, 2023 9:37am Aug 23, 2023 9:37am
not one of my better trades LOL

2 nights ago i went short put in a sl before went to sleep got hit and price fell in NY...this time did not put sl cause didnt want to get stopped out again and im in even a bigger nightmare LOL
short trump and go long the deepstate
  • #16,483
  • Aug 23, 2023 9:41am Aug 23, 2023 9:41am
Quoting Zebi
not one of my better trades LOL 2 nights ago i went short put in a sl before went to sleep got hit and price fell in NY...this time did not put sl cause didnt want to get stopped out again and im in even a bigger nightmare LOL

Its just one of those days man. I feel u man. Just dont revenge trade man. It hurts a lot for me when i revenge trade.
Trading is very lonely
  • #16,484
  • Aug 23, 2023 9:43am Aug 23, 2023 9:43am
Inserted Video
short trump and go long the deepstate
  • #16,485
  • Aug 23, 2023 9:58am Aug 23, 2023 9:58am
Ok, so I personally believe this is not 'it' we might see a bullish week in general, but I think macro definitely supports dollar, it might be wise to take small shorts periodically as price rises, this rally may be short lived... atleast im considering this, as long as there is a threat of rate hikes, there is a threat for dollar superiority.

When rates start being decreased and production and unemployment completely tanks(upwards), is when gold will absolutely rocket in my humble opinion.

For now I believe bears are generally 'safe'.

I may be absolutely incorrect. Nfa. Dyor.
  • #16,486
  • Aug 23, 2023 10:14am Aug 23, 2023 10:14am
Well, thats what i thought man. Its rejecting 1916 as per what pa is showing. It probably drive up back first before going down. Anyway its going to be a long day today. Trade safe guys. Cut it if you have to. You can always recover another day.
Trading is very lonely
  • #16,487
  • Edited 10:54am Aug 23, 2023 10:18am | Edited 10:54am
rechecking charts as already enter strong bull side and daily green candle , likely try hold green . anyway limit down for further up is 1908.64 /12.21 , breaks the next limit 1905.40 , still in bull ! lets see
so we can say a pullback has started having nearest target 1921, 25.41 and 1929 , 38 to 1951 possible !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,488
  • Aug 23, 2023 11:04am Aug 23, 2023 11:04am
Quoting Zebi
i shorted 1918...average now 1908 so im working to break even on this trades {image}
Why will you short Gold? I dont think its correct.
Allow the Market to get to your target entry...
  • #16,489
  • Aug 23, 2023 11:11am Aug 23, 2023 11:11am
Quoting sexypips
{quote} Why will you short Gold? I dont think its correct.


Possible retrace into that area based on the large FVG it left earlier although Id expect it to target 1921 region now and see how it reacts
  • #16,490
  • Aug 23, 2023 11:16am Aug 23, 2023 11:16am
______________ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #16,491
  • Aug 23, 2023 11:30am Aug 23, 2023 11:30am
It will descend back towards 1914 now.
  • #16,492
  • Aug 23, 2023 11:30am Aug 23, 2023 11:30am
Look for retracement at 1927-8.. 100 pips easy target.
Everything, what's meant to be will find its way
  • #16,493
  • Aug 23, 2023 11:31am Aug 23, 2023 11:31am
Quoting profits7
______________ATM = {image} {image}

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Don’t focus on making $$$, focus on protecting what you have.
  • #16,494
  • Aug 23, 2023 11:32am Aug 23, 2023 11:32am
Date 24-08-2023
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  • #16,495
  • Aug 23, 2023 11:39am Aug 23, 2023 11:39am
Maybe it is targeting 1936. 50% fib level. 38.2 is at 1924.
  • #16,496
  • Aug 23, 2023 11:46am Aug 23, 2023 11:46am
Quoting Eren10
Maybe it is targeting 1936. 50% fib level. 38.2 is at 1924.
@Eren10 , R100 @1928 = IMHO
Don’t focus on making $$$, focus on protecting what you have.
  • #16,497
  • Aug 23, 2023 11:48am Aug 23, 2023 11:48am
Rejected 1920. Look at that pa m5. I love this candle.
trying tp 1912.47, sl 1926 possible manual closure at 1916.28 or breakeven
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Trading is very lonely
  • #16,498
  • Aug 23, 2023 11:54am Aug 23, 2023 11:54am
Rinse and repeat
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  • #16,499
  • Aug 23, 2023 12:01pm Aug 23, 2023 12:01pm
Quoting 10QFX
Last trade for the day. {image}
which broker r u using?
  • #16,500
  • Aug 23, 2023 12:07pm Aug 23, 2023 12:07pm
Reentry Rinse n Repeat
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