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  • #25,561
  • Jan 10, 2024 7:52am Jan 10, 2024 7:52am
Quoting babayaga
{quote} hi dizzy, don't get me wrong, didn't want to embarrass you was just joking and sure that you know.., DR=daily resistance I check and pay attention to CLassic&DeMark's DPP=daily pivot points.., then weekly, monthly.., and H4 DeMark's ones and after so many "classic S&R=support&resistance", DeMark's gives you just ONE SUPPORT & ONE RESISTANCE, that are calculated particularly.., and I just love this simplicity other thing.., about trade/speculate/gamble.., I am not at all ashamed to say that I try to do all three of .., why not?...
can you explain demark?
Be Calm In Every Situation
  • #25,562
  • Jan 10, 2024 8:04am Jan 10, 2024 8:04am
SELL XAUUUSD

105 pips take profit

30 pips stop loss
ryoiki tenkai : Blue Juggernaut
  • #25,563
  • Jan 10, 2024 8:07am Jan 10, 2024 8:07am
Quoting shay14
{quote} if you like de mark, you'd love fibonacci daily pivots
why?

...but I use fib for other purpose
dolce vita
  • #25,564
  • Jan 10, 2024 8:12am Jan 10, 2024 8:12am
Quoting Robinhood1
{quote} 2063 is possible as i expect it making a new high after recent 2064
Correcting: 2085
I did not check the chart before as i am not interested in gold for now. 2087 was last high
POSTMASTER
  • #25,565
  • Jan 10, 2024 8:22am Jan 10, 2024 8:22am
Quoting sambhav30
{quote} can you explain demark?
Tom DeMark is a person.., who stays in world of "finance" for many years..,
guys, where are you come from???

his books, his method of calculation pivot point, his indicators as well
...probably you do not need all this.., I don't know
sorry
dolce vita
  • #25,566
  • Jan 10, 2024 8:26am Jan 10, 2024 8:26am
Quoting babayaga
{quote} Tom DeMark is a person.., who stays in world of "finance" for many years.., guys, where are you come from??? his books, his method of calculation pivot point, his indicators as well ...probably you do not need all this.., I don't know sorry
wow...thnx for giving me new knowledge
Be Calm In Every Situation
  • #25,567
  • Jan 10, 2024 8:31am Jan 10, 2024 8:31am
2034 First
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #25,568
  • Jan 10, 2024 8:35am Jan 10, 2024 8:35am
Quoting sambhav30
{quote} can you explain demark?
this is Toms site, well worth reading over and he has been around longer than Elvis. Great guy

https://demark.com/demark-prime/
  • #25,569
  • Jan 10, 2024 8:46am Jan 10, 2024 8:46am
we are not investors.., and definitely not gamblers (?!)
we are traders, right?

if anybody comes across kelly formula.., or Kelly Criterion formula
please, don't ask me, do your homework if you are interested in.., probably just for fun

happy trading
dolce vita
  • #25,570
  • Jan 10, 2024 8:51am Jan 10, 2024 8:51am
Quoting Doublepanda
SELL XAUUUSD 105 pips take profit 30 pips stop loss
busy
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ryoiki tenkai : Blue Juggernaut
  • #25,571
  • Jan 10, 2024 9:19am Jan 10, 2024 9:19am
Quoting babayaga
we are not investors.., and definitely not gamblers (?!) we are traders, right? if anybody comes across kelly formula.., or Kelly Criterion formula please, don't ask me, do your homework if you are interested in.., probably just for fun happy trading
you got a lot of trading knowledge man. Here, I am depending on Technical Analysis only.
Secret to the Price Action is Liquidity.
  • #25,572
  • Jan 10, 2024 9:21am Jan 10, 2024 9:21am
Quoting T721
{quote} Gold, bounced right where it shoulda. took 75% off @2019, leaving rest on with profit stop of 10$ @2044 {image} {image}
GOLD UPDATE ---- still going to plan but BLOODY SLOW & PAINFUL Maybe DXY Red News will help it drop tomorrow ..... itsa wait n see

DONT FOLLOW ME THO, I CAN AND DO GET IT WRONG
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  • #25,573
  • Jan 10, 2024 9:24am Jan 10, 2024 9:24am
Quoting babayaga
{quote} hi dizzy, don't get me wrong, didn't want to embarrass you was just joking and sure that you know.., DR=daily resistance I check and pay attention to CLassic&DeMark's DPP=daily pivot points.., then weekly, monthly.., and H4 DeMark's ones and after so many "classic S&R=support&resistance", DeMark's gives you just ONE SUPPORT & ONE RESISTANCE, that are calculated particularly.., and I just love this simplicity other thing.., about trade/speculate/gamble.., I am not at all ashamed to say that I try to do all three of .., why not?...
Hahaha its all good, don't worry about it
  • #25,574
  • Jan 10, 2024 9:25am Jan 10, 2024 9:25am
Quoting Jonas4
You simply sell when it's high, buy when it's low. I don't understand why you need so much bs analysis. Anyone trying to make a "strategy" for a trade, it's in reality just selling when during a period the price is too high and vice versa.
What is high can go higher, what is low can go lower
  • #25,575
  • Jan 10, 2024 9:43am Jan 10, 2024 9:43am
Quoting iusman23
{quote} you got a lot of trading knowledge man. Here, I am depending on Technical Analysis only.
Get on zoom with me again over the weekend if you have time pal
  • #25,576
  • Jan 10, 2024 9:50am Jan 10, 2024 9:50am
Quoting T721
{quote} Get on zoom with me again over the weekend if you have time pal
Done sir, I'll DM on satureday.
Secret to the Price Action is Liquidity.
  • #25,577
  • Jan 10, 2024 10:41am Jan 10, 2024 10:41am
Quoting VictorIke
{quote} What is high can go higher, what is low can go lower
Not without a pullback. And that's all you need to make money, in and out the retracement.

17 straight up candles of M5 today from 2024 to 2034, can you guess what happened next? A pullback with profit.

Did it go higher? Of course, it kept going to 2040, and can you guess again what happen there?
  • #25,578
  • Jan 10, 2024 4:48pm Jan 10, 2024 4:48pm
Quoting aahmad29
{quote} Pending order from yesterday was not activated so cancelled it. I am placing new pending order. Here is my position about XAUUSD. Sell Stop at 0.786 SL 0.382 TP1 1.236 TP2 1.618. Please check the price tag at certain Fibo levels in video. https://youtu.be/TwfY_wXDKyU
Closed at BE because pending order triggered very late just two hours before market closed. My Fibo volatility levels are still in Selling range so i am keeping Sell stop pending order.

I am placing new pending order. Here is my position about XAUUSD.

Sell Stop at 0.786 SL 0.382 TP1 1.236 TP2 1.618.

Please check the price tag at certain Fibo levels in video.

Inserted Video
Love for all; Hatred for none.
  • #25,579
  • Jan 10, 2024 5:52pm Jan 10, 2024 5:52pm
Quoting aahmad29
{quote} Closed at BE because pending order triggered very late just two hours before market closed. My Fibo volatility levels are still in Selling range so i am keeping Sell stop pending order. I am placing new pending order. Here is my position about XAUUSD. Sell Stop at 0.786 SL 0.382 TP1 1.236 TP2 1.618. Please check the price tag at certain Fibo levels in video. https://youtu.be/s5A1j8ayS5A
Let me got it, you have an sell order started on 2018 right?
  • #25,580
  • Jan 10, 2024 7:48pm Jan 10, 2024 7:48pm
Quoting Denisjkehaos
{quote} Let me got it, you have an sell order started on 2018 right?
Yes it is pending order "Sell Stop"
Love for all; Hatred for none.
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