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  • #35,521
  • Jul 11, 2024 7:39am Jul 11, 2024 7:39am
Very very nice picture! Hope all you get profits!!!
  • #35,522
  • Jul 11, 2024 7:39am Jul 11, 2024 7:39am
Quoting polatok
i am still long. {image}

UPDATE
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2024-07-11_18-38-52.png Size: 27 KB
Trend Is Friend
  • #35,523
  • Jul 11, 2024 7:43am Jul 11, 2024 7:43am
Quoting Mrbhatti
If anyone wants to share his experience on news trading plz share and told it to others also
nothing to share
Account Blown
Never trade news
  • #35,524
  • Jul 11, 2024 7:45am Jul 11, 2024 7:45am
Way too easy
average dude treading water
  • #35,525
  • Jul 11, 2024 7:48am Jul 11, 2024 7:48am
Keep it simple stupid !!! small lot size... more control and easy to cut losses,
the best part is when they move, i move....
One Percent Daily
  • #35,526
  • Jul 11, 2024 7:55am Jul 11, 2024 7:55am
Quoting Orand
{quote} nothing to share Account Blown Never trade news
my account also blown
  • #35,527
  • Jul 11, 2024 8:00am Jul 11, 2024 8:00am
Quoting Bflyfx
{quote} Still expect second target tomorrow.
Taking the money bags !!
Going to execute second part of the robbery !!
I only follow traders with IQ above 160
  • #35,528
  • Jul 11, 2024 8:09am Jul 11, 2024 8:09am
Only buys target 46..57..
average dude treading water
  • #35,529
  • Jul 11, 2024 8:10am Jul 11, 2024 8:10am
Quoting polatok
{quote} UPDATE {image}
Dear tradere

Do you have an idea for now ??? does it sell market ??
  • #35,530
  • Jul 11, 2024 8:30am Jul 11, 2024 8:30am
Quoting Bflyfx
{quote} 50% profits booked at 2373, waiting 2413 to take the rest and open shorts.
2413 it is...
I only follow traders with IQ above 160
  • #35,531
  • Jul 11, 2024 8:39am Jul 11, 2024 8:39am
Quoting Bflyfx
{quote} 2413 it is...
_________2413 = R61
Attached Image (click to enlarge)
Click to Enlarge Name: rakin.png Size: 30 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #35,532
  • Jul 11, 2024 8:40am Jul 11, 2024 8:40am
Quoting profits7
{quote} _________2413 = R61 {image}
I only follow traders with IQ above 160
  • #35,533
  • Jul 11, 2024 8:45am Jul 11, 2024 8:45am
Quoting Bflyfx
{quote}
_______whats ur Holy Grail = sharin $$$$$$$ with da Red Cross
Don’t focus on making $$$, focus on protecting what you have.
  • #35,534
  • Jul 11, 2024 9:09am Jul 11, 2024 9:09am
well well,
that was fun watching,
and selling also,
as long as its not cross 2420 for still too high So i am still holding the sell,
2360 is my target it may take few days may a week, or even weeks,
that is fine with me i am trading with low leverage,
today move cost me 8% drawdown,
but made 2% so 6% and gold at 2405 not bad,
another 10-20$ drop half my positions will be closed,
i wish you have my amygdala it was Lighten up like Christmas Tree,
but then it took me few minutes to calm down,

market reacted Emotionally,
and still CPI is above 314
and Surprise Surprise,
Mr YEN did his job,

"Don't count the Dollar out just YET"
Don't compare your Trades with Others
  • #35,535
  • Jul 11, 2024 9:25am Jul 11, 2024 9:25am
Quoting Viki84
{quote} Many beginners come here. Could you explain why you think this will happen? I don't want to tease you, I just think it's better if you explain why you think so.
Its a mere chartist analysis
  • #35,536
  • Jul 11, 2024 9:30am Jul 11, 2024 9:30am
Quoting DubaiFX
well well, that was fun watching, and selling also, as long as its not cross 2420 for still too high So i am still holding the sell, 2360 is my target it may take few days may a week, or even weeks, that is fine with me i am trading with low leverage, today move cost me 8% drawdown, but made 2% so 6% and gold at 2405 not bad, another 10-20$ drop half my positions will be closed, i wish you have my amygdala it was Lighten up like Christmas Tree, but then it took me few minutes to calm down, market reacted Emotionally, and still CPI is above 314 and...
yes made money both sides as well but again the question comes when there was no demand for gold at 2360. how can there be demand for gold at 2410
  • #35,537
  • Jul 11, 2024 9:30am Jul 11, 2024 9:30am
Easy money today gold not done yet.Will push higher 2447
average dude treading water
  • #35,538
  • Jul 11, 2024 9:33am Jul 11, 2024 9:33am
I sold my big positions on gold and silver today almost at the top because the PPI numbers to morrow might not be so good according to the forecasts.
But it might be a good buying opportunity
  • #35,539
  • Jul 11, 2024 9:38am Jul 11, 2024 9:38am
Quoting S3000
I sold my big positions on gold and silver today almost at the top because the PPI numbers to morrow might not be so good according to the forecasts. But it might be a good buying opportunity
Options Traders showing Bullish COT Extreme on Gold an especially Silver. I have marked the times when traders were at such levels and you can see how well these were able to signal a bottom in Silver. What's very unique this time is that we see this level when Silver is at its ten year highs.

I have gone back in time and found only one example of this occurring, this was in December of 2005. I have included another chart on it for you. As you can see, similarly to what we have now, Silver broke out from a resistance zone while a bullish COT Extreme on the Options only data. Silver only tested that level ($8.50ish) once after the GFC which by the way, once again, the COT Report (options only) signaled as a great buying opportunity.

Even if Silver comes back down tomorrow, I think generally speaking we are set for Silver to finally head towards $50.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Silver - COT Report Analysis - Options Only_Entire History.png Size: 44 KB
Click to Enlarge Name: Silver - COT Report Analysis - Options Only_2005.png Size: 55 KB
Click to Enlarge Name: Silver - COT Report Analysis - Options Only.png Size: 76 KB
  • #35,540
  • Jul 11, 2024 9:38am Jul 11, 2024 9:38am
Quoting giveachance
{quote} yes made money both sides as well but again the question comes when there was no demand for gold at 2360. how can there be demand for gold at 2410
remember tomorrowi s friday asn michigen sentiment report also,
still believe it or not my algo show +5 for gold sentiment is still yet hit the +10 and gold si up 40$ today,
bloody banks they have made the profir,
because if you really look closely even at 5M or 1M chart you will one move up retail traders dont even have time to buy heavy,
that is how banks institutions make money,
but when they will take profit,
that is where i will make money,
questions are a lot look at yen who the hell sold 300 pips down???
and that fast,BOJ did now their cuurency is in check and also no one thinks about intervention,
they trade behind the news and traders think it is just news if it was news that drove YEN 300 pips then why Pound and eur are not up at least 200 pips they are up 50 pips and yen down 300 pips,
something is missing right,
market does deliver surprise sometimes,
and i was and still in loss,
2380 and 2390 then 2410
is loss but its fine with me i i will wait,
Don't compare your Trades with Others
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