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  • #17,801
  • Edited 10:40am Sep 5, 2023 10:24am | Edited 10:40am
I am adding one long position at 1926 with small lot with target of 1934. That trade may go longer because target is based on untested weekly level. Bigger timeframe so longer time to hit TP.
Love for all; Hatred for none.
  • #17,802
  • Sep 5, 2023 10:35am Sep 5, 2023 10:35am
Quoting MrFanciful
And another account gone
Come back stronger mate
Trading is very lonely
  • #17,803
  • Sep 5, 2023 10:38am Sep 5, 2023 10:38am
Quoting ObadaAdel
{quote} Ignore this clown lol

Talking about clowns not seen you for a while...
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  • #17,804
  • Sep 5, 2023 10:40am Sep 5, 2023 10:40am
hello members I see gold to bounce when reach exactly 1921. ask me why?
  • #17,805
  • Sep 5, 2023 10:42am Sep 5, 2023 10:42am
Quoting MrFanciful
Ok I'm done. A couple of months ago, I was starting to make decent money but lost it all and can't even make £5 anymore. I just can't take it anymore. I'm beyond depressed. It just doesn't matter what I do. I just see it going in both directions at the same time at every candle and every price point. I no loner have a strategy. I am so sick and tired of feeling like this {image}

If you have a back and forward tested strategy with proven profit why give up? August is a crap month to trade, we will now start to see price being delivered better, go back to basics, look at what you've done wrong or been caught out, we all lose, weve just got to be comfortable with losing if overall we are profitable, this game takes years to master, so just refocus and have a break, Ive felt like this many times, your not alone with it mate
  • #17,806
  • Sep 5, 2023 11:02am Sep 5, 2023 11:02am
Quoting liqidifier
hello members I see gold to bounce when reach exactly 1921. ask me why?

it will bounce for sure from 1850, 1952, 1928, 1920, choose price you want.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #17,807
  • Sep 5, 2023 11:09am Sep 5, 2023 11:09am
Quoting MrFanciful
Ok I'm done. A couple of months ago, I was starting to make decent money but lost it all and can't even make £5 anymore. I just can't take it anymore. I'm beyond depressed. It just doesn't matter what I do. I just see it going in both directions at the same time at every candle and every price point. I no loner have a strategy. I am so sick and tired of feeling like this {image}
Hi MrFranciful.......You are a brave man and I hope that you will make a come back strongly. Take a small break, forget everything about trading for that period and spend time with your friends and family members.When you feel comfortable then again check those historical moments of this trading journey that hurt you and also that gave you happiness.Filter them by what you done the best and where you done the mistake.Once again update your trading strategy with those all moments and attack this market like a pro.I will wait for your welcome here.Have a nice time. Enjoy....
  • #17,808
  • Sep 5, 2023 11:21am Sep 5, 2023 11:21am
Quoting MrFanciful
Ok I'm done. A couple of months ago, I was starting to make decent money but lost it all and can't even make £5 anymore. I just can't take it anymore. I'm beyond depressed. It just doesn't matter what I do. I just see it going in both directions at the same time at every candle and every price point. I no loner have a strategy. I am so sick and tired of feeling like this {image}
Every advise here will get disturb fr you at this moment!
Buy or sell u should wait for ur tp or sl to hit...
Comb back stronger
Its all about Timing!!!
  • #17,809
  • Edited 12:01pm Sep 5, 2023 11:32am | Edited 12:01pm
Quoting Murugesh29
{quote} Every advise here will get disturb fr you at this moment! Buy or sell u should wait for ur tp or sl to hit... Comb back stronger

if he comes back he'll just lose more money until he gets his mind right...no offense intended

hes trading his minds view of the inevitable collapse of society and the economic framework as it is now not gold or the dollar

like i told him before we'll all be dead from old age before the dollar or usa lose its superpower status

so i dont think you guys are helping him any bit by saying come back

he should switch to UK stocks and leave his dollar hatred out of his analysis and trade just the stock fundamentals
short trump and go long the deepstate
  • #17,810
  • Sep 5, 2023 11:37am Sep 5, 2023 11:37am
Quoting Zebi
{quote} if he comes back he'll just lose more money until he gets his mind right...no offense intended hes trading his minds view of the inevitable collapse of society and the economic framework as it is now not gold or the dollar like i told him before we'll all be dead from old age before the dollar or usa lose its superpower status so i dont think you guys are helping him any bit by saying come back he should switch to UK stocks and leave his dollar hatred out of his analysis just the stock fundamentals
Yeah! May be on his interest .
Its all about Timing!!!
  • #17,811
  • Sep 5, 2023 12:12pm Sep 5, 2023 12:12pm
a daily dollar close above the aug 25th candle will give me another buy signal which means it should breakout hier

i kid and call it a badass dollar but its beginning to even surprise me with its strength LOL

it seems like its taunting and daring the asian banks to dump it which will be a mistake cause will just go right back up once they stop

i dont know what the fundamental reasons are for the asian currencies drowning in the toilet and i dont want to know...

my own wild ass theory is theres some sort of military conflict gona happen over there and people running for dollars safe haven



i posted this on the cable thread earlier
short trump and go long the deepstate
  • #17,812
  • Sep 5, 2023 12:38pm Sep 5, 2023 12:38pm
Quoting aahmad29
{quote} skullcandy gave you right advice. I can understand your situation because i have gone through this phase then i realized that money management is backbone of your trading method. I also adopted one more thing that i never sell at bottom and never buy at top.
how do you find top and bottom effectively for intraday?
  • #17,813
  • Sep 5, 2023 12:43pm Sep 5, 2023 12:43pm
__________ my TP @ 1917.7 - - - SL = man.
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Don’t focus on making $$$, focus on protecting what you have.
  • #17,814
  • Sep 5, 2023 12:43pm Sep 5, 2023 12:43pm
Quoting Masool
{quote} how do you find top and bottom effectively for intraday?
Good question, I have that problem too,
Still have more to learn
  • #17,815
  • Sep 5, 2023 1:07pm Sep 5, 2023 1:07pm
Quoting MrFanciful
Ok I'm done. A couple of months ago, I was starting to make decent money but lost it all and can't even make £5 anymore. I just can't take it anymore. I'm beyond depressed. It just doesn't matter what I do. I just see it going in both directions at the same time at every candle and every price point. I no loner have a strategy. I am so sick and tired of feeling like this {image}
When people ask me if they should start trading, my advice is that they should stay away from this and look for a more normal lifestyle & job. Because once you get the taste of easy money, once you made more money in a matter of days or minutes, just sitting in front of your screen, it is over for you. Ordinary jobs doesn't feel fulfilling anymore. They start to seem useless. That's a very dangerous mindset and it may have devastating effects in the long run.

I don't know how long have you been in this game bud, but if it consumes you inside, let it go. It is not important than your mental health. Life is full of opportunities, it doesn't have to be trading. Cheers man, wishing you all the best in your journey
You have to have an IQ higher than 90 to interact with this user.
  • #17,816
  • Sep 5, 2023 1:18pm Sep 5, 2023 1:18pm
Hi guys This my long term view for GOLD.
As you can see in the chart we had a downtrend(orange line) and then a breakout to about 1950 and now we are at ~1925. Here there are two scenarios:
A) The price will close below 1920 and I expect the price to continue the downtrend to about 1900 and 1890(two blue lines).
B) The price won't close below 1920 (Here personally I won't take any positions but I somehow agree to people who say that a reversal will happen there).
I believe that A is more likely to happen but a lot of things like news can affect this for sure. Please reply if you have an opinion .
P.S: I wonder if anyone tell me how to pass this junior member, It really annoys me that my post need to be approved. TNX
Trend following
  • #17,817
  • Sep 5, 2023 1:53pm Sep 5, 2023 1:53pm
Quoting Masool
{quote} how do you find top and bottom effectively for intraday?
No one can find exact top and bottom point , you can only calculate based on past data. There are different ways to calculate. One of them is ADR, you can find indicator here on FF which can give you range.

I work on H4 timeframe and using sine wave to calculate top, bottom and middle. But if you want to learn this then it will take time and practice so easy way is ADR.
Love for all; Hatred for none.
  • #17,818
  • Sep 5, 2023 2:24pm Sep 5, 2023 2:24pm
Quoting Masool
{quote} how do you find top and bottom effectively for intraday?
Try doing research about daily session ranges, Asia high,low, London same, Ny, watch at what exactly time most movements appear and etc, Find your comfort zone.
Its called homework brother even thousand of hours spent on xau , still it surprises me from time to time.
But trading it is
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #17,819
  • Sep 5, 2023 2:41pm Sep 5, 2023 2:41pm
Quoting Zebi
a daily dollar close above the aug 25th candle will give me another buy signal which means it should breakout hier i kid and call it a badass dollar but its beginning to even surprise me with its strength LOL it seems like its taunting and daring the asian banks to dump it which will be a mistake cause will just go right back up once they stop i dont know what the fundamental reasons are for the asian currencies drowning in the toilet and i dont want to know... my own wild ass theory is theres some sort of military conflict gona happen over there...
My opinion its like Usd on steroids. For short term its allright, but.. World is changing, and thats a fact . Without steroids Usd would crashed even lower,but thats only my opinion. When worst news was for usd, DXY look at daily chart, it was pumping like using booster . ,
Still has some space ,but unfortunately we all know that Chinas news ( bad ones ) are not comparable with situation in US and that even my 3.5 half years old kid knows. Country with positive incomes, no debts,biggest gold reserves vs Country that is doomed lol . And then Brics,only growing,and if you didnt heard about new members that will join next year... makes me laugh. Im still more bullish on Gold, last quarter will show who will dominate next year,atleast first 6 months.
Attached Image (click to enlarge)
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #17,820
  • Sep 5, 2023 3:03pm Sep 5, 2023 3:03pm

  1. my views on gold
  2. is coming back to activate order at 1920 (this was order not activated while price was moving in uptrend)
  3. but REMEMBER since price has shown reversal on 4H ,THATS INDICATE THAT order activated at 1920 will hit a TP at 1935-1936.
  4. after that movement gold will continue in its downward direction until further signals
  5. but there are a lot of news ahead


I stand to be corrected

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