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  • #44,281
  • Sep 24, 2024 1:09pm Sep 24, 2024 1:09pm
Quoting Silver-King
Nailing the reversal on the Gold is going to be as tough as nailing the reversal on JPY. So damn difficult...
i know who was riding the entire pullback on jpy..
that's why i know that i will ride the pullback on gold even better
...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,282
  • Sep 24, 2024 1:09pm Sep 24, 2024 1:09pm
Quoting Silver-King
Nailing the reversal on the Gold is going to be as tough as nailing the reversal on JPY. So damn difficult...
maybe the reversal is just in our head.
  • #44,283
  • Sep 24, 2024 1:09pm Sep 24, 2024 1:09pm
many have given up short swing trading gold

salute to the ones who held their longs, looking like shitcoin
  • #44,284
  • Sep 24, 2024 1:14pm Sep 24, 2024 1:14pm
Quoting Almo2312
maybe 2650 ish next ..
2670/80 ish maybe next ..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #44,285
  • Sep 24, 2024 1:21pm Sep 24, 2024 1:21pm
Quoting Whale
{quote} maybe the reversal is just in our head.
I believe in a heavy correction but not a mid/long term bearish gold, shit is just too unstable everywhere to turn away from gold for investors
  • #44,286
  • Sep 24, 2024 1:23pm Sep 24, 2024 1:23pm
Quoting shay14
many have given up short swing trading gold salute to the ones who held their longs, looking like shitcoin
Imagine doing DCA on short swing
  • #44,287
  • Sep 24, 2024 1:24pm Sep 24, 2024 1:24pm
Quoting SnakeDok
{quote} I believe in a heavy correction but not a mid/long term bearish gold, shit is just too unstable everywhere to turn away from gold for investors
When it comes it will come
i'll be back next quarter
  • #44,288
  • Sep 24, 2024 1:26pm Sep 24, 2024 1:26pm
at this point i can just laugh
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  • #44,289
  • Sep 24, 2024 1:27pm Sep 24, 2024 1:27pm
the replies tsk tsk tsk
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  • #44,290
  • Sep 24, 2024 1:32pm Sep 24, 2024 1:32pm
For reasons unknown, gold around the world has begun to rust.
  • #44,291
  • Sep 24, 2024 1:40pm Sep 24, 2024 1:40pm
I do believe price just wants to go get 2660 and be done with it for now
  • #44,292
  • Sep 24, 2024 2:07pm Sep 24, 2024 2:07pm
Quoting yesabs
at this point i can just laugh {image}
pedro?
  • #44,293
  • Sep 24, 2024 2:32pm Sep 24, 2024 2:32pm
Quoting ElCampeador
{quote} Closed my gold positions. Waiting for a correction.
No correction so short at 2660
The warrior of good
  • #44,294
  • Sep 24, 2024 2:33pm Sep 24, 2024 2:33pm
Quoting Whale
{quote} pedro?
Yeah that is from his twitter. It's rather astonishing to be this married to a position, because even with a 0.01 lot size (smallest possible), every $1 on the chart is $1 of win or loss. So If you have lets say 5 open positions averaging ~$50 deep, it is -$250 down when using the lowest possible position size used for $500 or less accounts. The math just doesn't add up. For this massive drawdown, you have to risk waaaay less than 1% of your account if you're averaging down to keep it sustainable. He started to accumulate shorts before 2580.
  • #44,295
  • Sep 24, 2024 2:39pm Sep 24, 2024 2:39pm
Quoting mades
{quote} Yeah that is from his twitter. It's rather astonishing to be this married to a position, because even with a 0.01 lot size (smallest possible), every $1 on the chart is $1 of win or loss. So If you have lets say 5 open positions averaging ~$50 deep, it is -$250 down when using the lowest possible position size used for $500 or less accounts. The math just doesn't add up. For this massive drawdown, you have to risk waaaay less than 1% of your account if you're averaging down to keep it sustainable. He started to accumulate shorts before 2580....
lol you should read all the tweets, he's doing a split entry, price is going down he's closing 2640 and it's keeping the best...
it's easy to throw some shitty words, but check how many trades he posted even here and worked..
i didn't see trades from you
...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,296
  • Sep 24, 2024 2:41pm Sep 24, 2024 2:41pm
Quoting mades
{quote} Great call, incredible market read. 2515.30 was top.
lol!!! look what you said here...I can't even imagine who I'm trading against
...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,297
  • Sep 24, 2024 2:43pm Sep 24, 2024 2:43pm
Quoting mades
{quote} Yeah that is from his twitter. It's rather astonishing to be this married to a position, because even with a 0.01 lot size (smallest possible), every $1 on the chart is $1 of win or loss. So If you have lets say 5 open positions averaging ~$50 deep, it is -$250 down when using the lowest possible position size used for $500 or less accounts. The math just doesn't add up. For this massive drawdown, you have to risk waaaay less than 1% of your account if you're averaging down to keep it sustainable. He started to accumulate shorts before 2580....
About 800 pips of Draw Down ... is not bad
Perhaps following a simple SMA he could have done better
  • #44,298
  • Sep 24, 2024 2:49pm Sep 24, 2024 2:49pm
2675 is coming. upper movement is super strong. i think this week will end.... at 2680~82-ish. not taking any gold trade. just watching...
  • #44,299
  • Sep 24, 2024 2:53pm Sep 24, 2024 2:53pm
whenever price moves like this,and leaving liquidity
at every low, a single red candle on 30m may trigger the correction and price can fall to 2641 area as of now
(as i seen so many times previously in gold) GL
  • #44,300
  • Sep 24, 2024 2:54pm Sep 24, 2024 2:54pm
The market today is anticipating already 50pts of cut. Last week there was 20% probability that the rate will be unchanged, today there is not even this taking into account.
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