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  • #17,141
  • Aug 29, 2023 1:56pm Aug 29, 2023 1:56pm
Quoting profits7
{quote} ____________ well anyways - - - this is Not done on frikkin stinkin mobile
haha. Sadly I'm not that skilled. If I try to trade on mobile I will become a gofundme donation to my broker
  • #17,142
  • Aug 29, 2023 2:09pm Aug 29, 2023 2:09pm
I'm done with Gold this month. Will look for opportunities next month. Same setup all the time. I do not normally long under the monthly pivot since I only like to long above monthly and short below monthly but I thought I'd do it since I trust value. The concept is exactly the same though and you can see here how my sell and buy trades have come full circle to meet each other. Two opposites that form one is where divinity resides. Very Yin Yang. For the long, stop is below lowest low between monthly S1 and monthly S2 where it is very protected. For short stop was above monthly middle pivot(orange line) where it is very protected.

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And I always know where value is so there is no stress no panic no matter what price does. Notice how I took the short trades even in the face of bullish news from bad USD job numbers and long trades in the face of bearish Powell speech lol. Not a worry. Deep reservoir of calm. I take the trade in the direction of value and just watch you all debate the price movement as price moves in the direction of value. As price moves in the direction of value i drag my stops netting me 3:1 returns or greater. High accuracy and maximizing profits with large reward to risk ratios.
  • #17,143
  • Aug 29, 2023 2:15pm Aug 29, 2023 2:15pm
____________ " Two opposites that form one is where divinity resides. " =
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Don’t focus on making $$$, focus on protecting what you have.
  • #17,144
  • Aug 29, 2023 2:18pm Aug 29, 2023 2:18pm
Quoting OnlineAddict
{quote} Gold chart is clear, nothing bearish on it...1980-2000 will be re-tested again.
Halfway there.
Everyone can see the chart, but only a few can actually read it.
  • #17,145
  • Aug 29, 2023 3:05pm Aug 29, 2023 3:05pm
Next 1945-48,soon....
Its all about Timing!!!
  • #17,146
  • Aug 29, 2023 3:27pm Aug 29, 2023 3:27pm
Quoting luckytujuh
{quote} It close 60% bullish i can say. But it needs to drop and take liquidity. Before driving back up. 1919- 1921 is a perfect zone. There is a possibility of hitting 1937 tonight. It maybe wrong or right.


liquidity hit. daily closing in 30 minutes, price will retrace to 1932 tomorrow first
Trading is very lonely
  • #17,147
  • Aug 29, 2023 3:32pm Aug 29, 2023 3:32pm
though its closing in 30 min, ill send my analysis first, 1930 is key point for now
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Trading is very lonely
  • #17,148
  • Aug 29, 2023 4:51pm Aug 29, 2023 4:51pm
Quoting luckytujuh
{quote} it should retrace back to 1926
I have untested level at 1926
Love for all; Hatred for none.
  • #17,149
  • Aug 29, 2023 4:54pm Aug 29, 2023 4:54pm
Quoting parveenverma
{quote} I think not today.....tomorrow possible ,Price required a huge retracement before reach 1945-48.Let's see...... Trade safe
It has to go back to 1926 (my untested level ).
Please can you share untested levels ?
Thanks
Love for all; Hatred for none.
  • #17,150
  • Aug 29, 2023 5:01pm Aug 29, 2023 5:01pm
Quoting luckytujuh
{quote} liquidity hit. daily closing in 30 minutes, price will retrace to 1932 tomorrow first
Just be careful about retracement because I found untested level at 1926
Love for all; Hatred for none.
  • #17,151
  • Aug 29, 2023 5:05pm Aug 29, 2023 5:05pm
Quoting sharingan9
{quote} {quote} {quote} {quote} Cant say I didnt warn you lol Before(August 22): {image} After(Now): {image}
Lol. I also mentioned yesterday with my limited knowledge about volume profiling that Friday and Monday is not clear for direction because both days market closed very near to POC so I will stay with trend which is uptrend.
Love for all; Hatred for none.
  • #17,152
  • Aug 29, 2023 5:11pm Aug 29, 2023 5:11pm
Quoting aahmad29
{quote} Lol. I also mentioned yesterday with my limited knowledge about volume profiling that Friday and Monday is not clear for direction because both days market closed very near to POC so I will stay with trend which is uptrend.
Haha yes I remember you saying this. Sentiment + POC is a golden combination because they work together. If value is unclear, sentiment will show you the direction as you have demonstrated. Nice trades buddy
  • #17,153
  • Aug 29, 2023 5:30pm Aug 29, 2023 5:30pm
Sell 1937.28 TP 1926
Love for all; Hatred for none.
  • #17,154
  • Aug 29, 2023 6:45pm Aug 29, 2023 6:45pm
Quoting aahmad29
{quote} Just be careful about retracement because I found untested level at 1926

Yeah. There should be retracement towards 1926. But 1930 is like the minor breaking point.

Im still vouching for ur buy limits to close man....

Plus today, is exciting. I can say that tonight might be fundamental trading. As per powell speech last week, he has already hinted that although inflation is slowing down. It is still all time high. And he will not stop raising rates to bring inflation down. Also previous GDP which was prelim, was the true figure at 2.4% which cause gold to drop. From that figure we can see that inflation will go down this quarter. So tonight advance gdp will not impact much because we already know that the figure was 2.4 in prelim.
So trade safe all. This might really drop to yesterdays low.
Trading is very lonely
  • #17,155
  • Aug 29, 2023 6:46pm Aug 29, 2023 6:46pm
Quoting aahmad29
{quote} It has to go back to 1926 (my untested level ). Please can you share untested levels ? Thanks
Hourly 1924,1926 and 4H 1924.Trade safe
  • #17,156
  • Aug 29, 2023 6:49pm Aug 29, 2023 6:49pm
Seller dangerous zone is at 1945. Though there is strong resistance in daily. A break in that price would say goodbye to sellers. Let see the next 2 h4 candles. What they are up to
Trading is very lonely
  • #17,157
  • Aug 29, 2023 6:51pm Aug 29, 2023 6:51pm
Quoting luckytujuh
{quote} Yeah. There should be retracement towards 1926. But 1930 is like the minor breaking point. Im still vouching for ur buy limits to close man.... Plus today, is exciting. I can say that tonight might be fundamental trading. As per powell speech last week, he has already hinted that although inflation is slowing down. It is still all time high. And he will not stop raising rates to bring inflation down. Also previous GDP which was prelim, was the true figure at 2.4% which cause gold to drop. From that figure we can see that inflation will go...
Yes you are right , I have closed many buy positions. Recent one was Buy 1913-1923 and 1923-1933. I am also able to manage margin and now my available margin is in good condition. Now let’s see , how many short positions I have to add for target of 1926?
Love for all; Hatred for none.
  • #17,158
  • Aug 29, 2023 6:52pm Aug 29, 2023 6:52pm
Quoting parveenverma
{quote}Hourly 1924,1926 and 4H 1924.Trade safe
Thanks. Again my untested level matched with yours so it means I am doing good.
Love for all; Hatred for none.
  • #17,159
  • Aug 29, 2023 6:53pm Aug 29, 2023 6:53pm
Quoting aahmad29
{quote} Yes you are right , I have closed many buy positions. Recent one was Buy 1913-1923 and 1923-1933. I am also able to manage margin and now my available margin is in good condition. Now let’s see , how many short positions I have to add for target of 1926?

Lol dont overdo it man. You just got back ur margin...
Trading is very lonely
  • #17,160
  • Aug 29, 2023 6:55pm Aug 29, 2023 6:55pm
Quoting luckytujuh
{quote} Lol dont overdo it man. You just got back ur margin...
Don’t worry I have reduced lot size to manage the range
Love for all; Hatred for none.
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