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  • #26,061
  • Jan 19, 2024 5:20am Jan 19, 2024 5:20am
Quoting susu.chuen
any chance for gold to drop to 2000 level? I am still holding to the losses =(
don't hold your losses until u bear it......and before taking trade always set your tp and sl
Be Calm In Every Situation
  • #26,062
  • Jan 19, 2024 5:24am Jan 19, 2024 5:24am
Hey Buddies......I hope all are well. Open Gold chart after a long long time. As per my chart ....Gold is heading up to 2050-55 minimum. I am not expecting a big retracement because it is trading within a very tight channel.Trade Safe

I am expecting that Gold can speed up after 2035-36 more. Be careful with red data ahead.....
  • #26,063
  • Jan 19, 2024 5:28am Jan 19, 2024 5:28am
Quoting parveenverma
Hey Buddies......I hope all are well. Open Gold chart after a long long time. As per my chart ....Gold is heading up to 2050-55 minimum. I am not expecting a big retracement because it is trading within a very tight channel.Trade Safe
Welcome back Praveen Bhai, nice to have you here again
  • #26,064
  • Jan 19, 2024 5:44am Jan 19, 2024 5:44am
It reminds me of when Dougal was about to be run over by the milk float in Father Ted
  • #26,065
  • Jan 19, 2024 5:59am Jan 19, 2024 5:59am
Quoting parveenverma
Hey Buddies......I hope all are well. Open Gold chart after a long long time. As per my chart ....Gold is heading up to 2050-55 minimum. I am not expecting a big retracement because it is trading within a very tight channel.Trade Safe I am expecting that Gold can speed up after 2035-36 more. Be careful with red data ahead.....
Welcome back dear Parveen,

I hope to hear more from you an aahmad29 in this topic. Your notes are very useful for my trading.

Thanks legend.
  • #26,066
  • Jan 19, 2024 6:00am Jan 19, 2024 6:00am
Quoting d1zzy
missed at entry at 27 when price tested the order block -_- now I’m not sure I’ll get a chance to hop on this long train fml
I left charts alone for few minutes and missed this entro too, dark days in trading for me.
Secret to the Price Action is Liquidity.
  • #26,067
  • Jan 19, 2024 6:13am Jan 19, 2024 6:13am
Quoting parveenverma
Hey Buddies......I hope all are well. Open Gold chart after a long long time. As per my chart ....Gold is heading up to 2050-55 minimum. I am not expecting a big retracement because it is trading within a very tight channel.Trade Safe I am expecting that Gold can speed up after 2035-36 more. Be careful with red data ahead.....
Nice to see you
Love for all; Hatred for none.
  • #26,068
  • Jan 19, 2024 6:16am Jan 19, 2024 6:16am
Quoting parveenverma
Hey Buddies......I hope all are well. Open Gold chart after a long long time. As per my chart ....Gold is heading up to 2050-55 minimum. I am not expecting a big retracement because it is trading within a very tight channel.Trade Safe I am expecting that Gold can speed up after 2035-36 more. Be careful with red data ahead.....
My Buy stop order sitting close to your given price

My Buy stop FIBO level 0.786 (2036.83)
Love for all; Hatred for none.
  • #26,069
  • Jan 19, 2024 6:35am Jan 19, 2024 6:35am
Quoting susu.chuen
any chance for gold to drop to 2000 level? I am still holding to the losses =(
Let your hedge buy position run, close it when you see a clear reversal and hedge again at its bottom, though right now its a bullish reversal for the next few days at least. Keep repeating this until you've recovered your losses.

OR, keep your hedge aside and open a fresh buy position and keep adding profits to your equity, meaning keep your hedge aside and do other trades as usual with the equity you have
  • #26,070
  • Jan 19, 2024 6:38am Jan 19, 2024 6:38am
Took every sell signal that I've had this morning as I thought a retracement to at least 25 was coming. Did it without emotion in the exact same way that I took my only buy position yesterday that netted me 80% profit.

Given it all back due to that ping ponging along the bearish pennant pattern all morning.
  • #26,071
  • Jan 19, 2024 6:46am Jan 19, 2024 6:46am
Quoting MrFanciful
Took every sell signal that I've had this morning as I thought a retracement to at least 25 was coming. Did it without emotion in the exact same way that I took my only buy position yesterday that netted me 80% profit. Given it all back due to that ping ponging along the bearish pennant pattern all morning.
itll probably crash shortly, and you will feel shite, i know the feeling
  • #26,072
  • Jan 19, 2024 6:47am Jan 19, 2024 6:47am
POSTMASTER
  • #26,073
  • Jan 19, 2024 6:48am Jan 19, 2024 6:48am
Quoting shay14
{quote} itll probably crash shortly, and you will feel shite, i know the feeling
I never feel any other way
  • #26,074
  • Jan 19, 2024 6:56am Jan 19, 2024 6:56am
Quoting MrFanciful
{quote} I never feel any other way
chin up mate.

It's a tough journey.
  • #26,075
  • Jan 19, 2024 7:13am Jan 19, 2024 7:13am
Quoting shay14
{quote} chin up mate. It's a tough journey.
7+ years and £22,000 does that to you.

Just took my sell signals on this, which turns out to be yet another pull back and wiped me out. About to blow my 10th account of the year.
  • #26,076
  • Jan 19, 2024 7:21am Jan 19, 2024 7:21am
Quoting MrFanciful
{quote} 7+ years and £22,000 does that to you. Just took my sell signals on this, which turns out to be yet another pull back and wiped me out. About to blow my 10th account of the year.
Price took out previous day high - reversal signal by its own right there, then went on to take previous previous days high 1/17/24

Clearly turned bullish you shouldn't be taking sell signals unless they're up on higher time frames, you know well enough to know trying to catch retracements is a risky business
  • #26,077
  • Jan 19, 2024 7:25am Jan 19, 2024 7:25am
Quoting d1zzy
{quote} Price took out previous day high - reversal signal by its own right there, then went on to take previous previous days high 1/17/24 Clearly turned bullish you shouldn't be taking sell signals unless they're up on higher time frames, you know well enough to know trying to catch retracements is a risky business
Expecting a sell from 2040. waiting for it to go sell and then wait for the buy signal again.
Secret to the Price Action is Liquidity.
  • #26,078
  • Jan 19, 2024 7:32am Jan 19, 2024 7:32am
Ok fine it wins. I'll buy.
  • #26,079
  • Jan 19, 2024 7:33am Jan 19, 2024 7:33am
Quoting iusman23
{quote} Expecting a sell from 2040. waiting for it to go sell and then wait for the buy signal again.
Be careful Gold price in 161.8% retracemenent zone . After little retracement next move can be most attacking one.Trade safe
  • #26,080
  • Jan 19, 2024 7:37am Jan 19, 2024 7:37am
Quoting parveenverma
{quote}Be careful Gold price in 161.8% retracemenent zone . After little retracement next move can be most attacking one.Trade safe
Fibbo on what timeframe?
Secret to the Price Action is Liquidity.
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