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  • #36,321
  • Jul 25, 2024 2:18am Jul 25, 2024 2:18am
“The bull is in pain at 2367, losing control. The bear is looking for shade at 2343. One candle (five minutes) is enough to say yes. The bull feels pain at 2367 and loses control. The bear seeks shade at 2343.
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  • #36,322
  • Jul 25, 2024 2:32am Jul 25, 2024 2:32am
Quoting hanzohas
Never worth running the risk of missing this range for a potential 20 points. Time to hold on to short crumbs like a boss. {image}
It's amazing how much cheer and joy a $60 drop can spark.
If price cuts through without much delay, 233x/228x are the next levels I am watching.
ma ma make me happy
  • #36,323
  • Jul 25, 2024 2:49am Jul 25, 2024 2:49am
Quoting Bflyfx
{quote} lower is even better. took some and opened longs from 2373, adding more at 2365. Sl 2350 smaller positions come on bulls, show me you got it in you.
booked 2366 in as well

took some profit from shorts from 2427 and 2430
I only follow traders with IQ above 160
Challenge Tour All Time Return: -67.8%
  • #36,324
  • Jul 25, 2024 2:53am Jul 25, 2024 2:53am
Quoting Bflyfx
{quote} booked 2366 in as well took some profit from shorts from 2427 and 2430
where you targeting longs?
People don't plan to lose. They lose because they don't plan.
  • #36,325
  • Jul 25, 2024 2:57am Jul 25, 2024 2:57am
Quoting ScalaFX
{quote} where you targeting longs?
2400-15
enjoy the ride (yes I am always very confident)
I only follow traders with IQ above 160
Challenge Tour All Time Return: -67.8%
  • #36,326
  • Edited 5:02am Jul 25, 2024 3:03am | Edited 5:02am
Bought at 2373, TP for 2400, no SL
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"Who Dares Wins"
  • #36,327
  • Jul 25, 2024 3:06am Jul 25, 2024 3:06am
Quoting Bflyfx
{quote} 2400-15 enjoy the ride (yes I am always very confident)
I have 2420 but thinking still is 2450-60 possible, what do you think?
People don't plan to lose. They lose because they don't plan.
  • #36,328
  • Jul 25, 2024 3:12am Jul 25, 2024 3:12am
Quoting ScalaFX
{quote} I have 2420 but thinking still is 2450-60 possible, what do you think?
probability going down but still possible no doubt
I only follow traders with IQ above 160
Challenge Tour All Time Return: -67.8%
  • #36,329
  • Jul 25, 2024 3:29am Jul 25, 2024 3:29am
Quoting Eskurrr
{quote} BE hit. {quote} Statustics: 0 Pips (0W 2BE 0L) Set another 1 lot buy stop at 2372.2 TP will be at 2379.2 for 70 pips SL will be at 2302.2 and will move SL to BE if price tap 2375.2
Another BE trade. Looks like nee to go full margin on the next trade.

Statistics:
0 Pips (0W 3BE 0L)
Soft inside, Hard outside
  • #36,330
  • Jul 25, 2024 3:52am Jul 25, 2024 3:52am
it wil hit 2345 and 2450, but i have no idea which it will hit first.

trading gold humbled me.
  • #36,331
  • Jul 25, 2024 3:58am Jul 25, 2024 3:58am
Quoting Eskurrr
{quote} Another BE trade. Looks like nee to go full margin on the next trade. Statistics: 0 Pips (0W 3 BE 0L)
3 trades 3 BE, you need to walk away for 8 hours and come back for the next session. You should never break even on a trade. At the very least, always +1, If you set your stops to +1 pip or just barely profit every time, you'll save thousands of dollars of profits in your trading career, if not tens of thousands. If your trade goes into +3 profit and you set to break even, just consider it a losing trade. I know it sounds weird but statistically over time if you have this approach you will not regret it.


As most of you saw yesterday, I mentioned closing my longs just after 2431 before the price began to fall.
Quoting Techknow
{quote} Ive taken most of my profit now but once the price hits my TP , I'll start to look for shorts in these rectangles. 1/3rd position and I will add up to 3 times. I will put my stop at 2370. If I get stopped out, it is a 2% loss; if I win, it's a minimum of 10% if I don't add on the way down, which I plan on doing. Far too often, people in here get stuck in trades without stop losses. If the price, in fact, breaks up here, I will be fine, flip my bias, and aim for 2540. The market doesn't care about your feelings, so no reason to waste them...
And if you were following just before that you would see I was adding on any move above 2400 long and any move below 2400 short. After my TP on my gold longs i stayed flat until price broke below 2400 once again and confirmed it with a retest of the broken major trend line where I added heavily. Short.
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So we refer back to our plan under 2400 from previously mentioned. As you can see 2368 was already hit. Profit Taken and now runners running for my other targets.
Quoting Techknow
Hey guys, I hope your week started good. Carrying on from last week here, the bears never lost control. If we don't stay above 2400 here, I'm having an extremely hard time thinking we do not see the 2368 (3/4 previous weekly hanging man which is min TP for this formation)-2350 (Bottom HM) -2280 area (Major support and gap fill). . Watch 2400 closely {image}
And for one last piece of evidence of my gold dominance, when price was moving up against Profit yesterday and in favor of my longs and people were questioning his shorts, I said this before my TP.
Quoting Techknow
{quote} Relax, his trade is well within the parameters he originally said. Be patient. Looks fine to me.
Even though he was short and I was long, I knew his trade was still good within the parameters he set, and I was perfectly confident in mentioning it for all to see in the forum. Notice what he said? "He's gotta stick to his system." Good on him.

This is the difference between being a trader and a spectator. You have a system, and you stick to that system no matter what.






TechKnow
  • #36,332
  • Jul 25, 2024 4:06am Jul 25, 2024 4:06am

come-on gold, give me certainty

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https://breakpullback.com
  • #36,333
  • Jul 25, 2024 4:27am Jul 25, 2024 4:27am
Damn again missed shorts. F
  • #36,334
  • Jul 25, 2024 4:36am Jul 25, 2024 4:36am
Quoting eyefeelsix
come-on gold, give me certainty {image}
good morning
great analysis
thank your for the contribution
  • #36,335
  • Jul 25, 2024 4:38am Jul 25, 2024 4:38am
Scalping long gold
  • #36,336
  • Jul 25, 2024 4:39am Jul 25, 2024 4:39am
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  • #36,337
  • Jul 25, 2024 4:42am Jul 25, 2024 4:42am
Quoting xDREx
{quote} good morning great analysis thank your for the contribution
thanks xDREx, while spare time..

traders can't talk alone at their desks, let's have fun
https://breakpullback.com
  • #36,338
  • Edited 1:04pm Jul 25, 2024 4:50am | Edited 1:04pm
Gold has completed 61.8% Fibonacci correction of $2293-$2484 which comes at $2366
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Success is not final, failure is not fatal... - Winston Churchill
  • #36,339
  • Jul 25, 2024 5:06am Jul 25, 2024 5:06am
Buy Gold @ 2373.28 - ENTRY
Closed All @ 2375.5 - EXIT

just warming up..

  • #36,340
  • Jul 25, 2024 5:30am Jul 25, 2024 5:30am
Quoting gideon200305
How do you guys make some profits, are you always watching your screens?
Almost all the time when I have positions open I am supervising even on mobile.

operating the markets requires focus, dedication and discipline
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Nayimboy