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  • #46,381
  • Oct 10, 2024 11:54am Oct 10, 2024 11:54am
Quoting Interesting0
{quote} I’ll hold to your target
use trailing stop.
every day is a different story when it comes to gold.
  • #46,382
  • Oct 10, 2024 12:08pm Oct 10, 2024 12:08pm
Quoting Nordling
Going short {image}
It's been 4 hours and i am still in, this is the longest trade of mine lately Market was so choppy making zig-zags between 2616-2629. We are finally coming down. Target at 2613 and i will be done for today.

Cheers everyone!
You have to have an IQ higher than 90 to interact with this user.
  • #46,383
  • Oct 10, 2024 12:31pm Oct 10, 2024 12:31pm
This is what's known as the ugliest possible price action. Just aimless irregular zigzag, bad for virtually every type of trader bar long term traders.
  • #46,384
  • Oct 10, 2024 12:38pm Oct 10, 2024 12:38pm
Quoting azhantahir
{quote} Next entries. Intraday already mentions going up. Daily has been structured after prices break above 2621 and heading forward 2642. 2627 (buy stop for H1) is momentum for h4 after H1 successful break above 2624. End games for H4 at 2645. But W1 is already on waiting list at 2656. Just my personal opinion based on what Candlestick already hinted. Grabs for probabilities....
Last position for today. Scalps buy TFM1

Methodology: Price Action
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Look right, we'll see the signs
  • #46,385
  • Oct 10, 2024 12:49pm Oct 10, 2024 12:49pm
Quoting mades
This is what's known as the ugliest possible price action. Just aimless irregular zigzag, bad for virtually every type of trader bar long term traders.
plausible - in my opinion
XAUUSD M5
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  • #46,386
  • Oct 10, 2024 12:53pm Oct 10, 2024 12:53pm
Quoting Isabella_D
{quote} plausible - in my opinion XAUUSD M5 {image}
hint for going down.
Look right, we'll see the signs
  • #46,387
  • Oct 10, 2024 12:58pm Oct 10, 2024 12:58pm
Quoting azhantahir
{quote} hint for going down.
M5 yes
But H4? not sure. Expected about 2645
https://www.forexfactory.com/thread/...3#post15024313

see todays H4
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  • #46,388
  • Oct 10, 2024 1:03pm Oct 10, 2024 1:03pm
Quoting Isabella_D
{quote} M5 yes But H4? not sure. Expected about 2645 https://www.forexfactory.com/thread/...3#post15024313
H4 needs another booster. H1 reject 2627.
Look right, we'll see the signs
  • #46,389
  • Oct 10, 2024 1:06pm Oct 10, 2024 1:06pm
Quoting azhantahir
{quote} H4 needs another booster. H1 reject 2627.
m15 already accept h4 retracement. The market will slow down till closing.
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Look right, we'll see the signs
  • #46,390
  • Oct 10, 2024 1:11pm Oct 10, 2024 1:11pm
Let's see what comes tomorrow.
  • #46,391
  • Oct 10, 2024 1:20pm Oct 10, 2024 1:20pm
Quoting Isabella_D
Let's see what comes tomorrow.
Seems D1 will end with a green candle. Good news for buyers. A little bit of retracement ( Internal Middle range for restructured). Maybe
Look right, we'll see the signs
  • #46,392
  • Oct 10, 2024 1:35pm Oct 10, 2024 1:35pm
Quoting Whale
{quote} use trailing stop. every day is a different story when it comes to gold.
Bostic messed with it
it looked like a free fall
  • #46,393
  • Oct 10, 2024 1:42pm Oct 10, 2024 1:42pm
Quoting Interesting0
{quote} Bostic messed with it it looked like a free fall
Thats why i hate to sell it.

maybe a good and nice sell here will work now.

im trying 0.1, not more than that.
sold 2628.5
  • #46,394
  • Oct 10, 2024 1:46pm Oct 10, 2024 1:46pm
Quoting Whale
{quote} Thats why i hate to sell it. maybe a good and nice sell here will work now. im trying 0.1, not more than that. sold 2628.5
still holding my short but a new short now after Bostic doesn’t seem as appealing right now
  • #46,395
  • Oct 10, 2024 1:59pm Oct 10, 2024 1:59pm
Quoting Interesting0
{quote} still holding my short but a new short now after Bostic doesn’t seem as appealing right now
2629 still support base daily chart
  • #46,396
  • Oct 10, 2024 2:16pm Oct 10, 2024 2:16pm
Quoting Tintin2014
if gold cannot stabilize below 2622~23 zone, it's still bullish. 2636~40 is the next target, may be. today i made 1% profit. all gold trade is closed.
Most likely gold will re-visit 2660. i have no gold trade open though.
  • #46,397
  • Oct 10, 2024 2:32pm Oct 10, 2024 2:32pm
Quoting Nordling
{quote} It's been 4 hours and i am still in, this is the longest trade of mine lately Market was so choppy making zig-zags between 2616-2629. We are finally coming down. Target at 2613 and i will be done for today. Cheers everyone!
SL hit. Should have shorted GU or EU instead. Gold was too strong
You have to have an IQ higher than 90 to interact with this user.
  • #46,398
  • Oct 10, 2024 2:33pm Oct 10, 2024 2:33pm
Quoting dac.farrokh
{quote} Done. That's it for me, I'm not doing any more trades today. {image}
I'm back, I'm short gold now.
DAC
  • #46,399
  • Oct 10, 2024 3:07pm Oct 10, 2024 3:07pm
Quoting Lloyd628
{quote} So glad to read this, thank you. It's a confirmation I, being a newbie, have been waiting for for months already. Cos I came to almost exactly the same conclusion: now, for every 150€ in my account, I allow myself (an extra) 0.01 lot size. Then my daily goal is to make 5-10% profit on my account. Preferably not more, funny enough, cos that could make me greedy and therefore (big) mistake-prone. Thanks again.
5-10% a day is unrealistic mate. Even more so as a newbie, I give the example of the fund I manage, where we give avg. 9% a month to clients, and that's a lot! To be a successful trader, in my opinion, you need to make between 40-60% a year = 3-5% a month, and again that's a lot considering other markets.
DAC
  • #46,400
  • Oct 10, 2024 3:13pm Oct 10, 2024 3:13pm
Lol.
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