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  • #48,261
  • Oct 23, 2024 1:44am Oct 23, 2024 1:44am
long taken
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  • #48,262
  • Oct 23, 2024 1:53am Oct 23, 2024 1:53am
Quoting PatienceFx
long taken {image}
collecting the scalp
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  • #48,263
  • Oct 23, 2024 1:56am Oct 23, 2024 1:56am
Quoting PatienceFx
{quote} collecting the scalp {image}
collected
  • #48,264
  • Oct 23, 2024 2:21am Oct 23, 2024 2:21am
I think I'm calling it quits.

It's all very well to just say "buy the dips" or "buy at every support level", but when that support level is a 0.18% retracements at ATHs of a $150 dollar move over 10 days with only 1 bearish daily candle. It's easier said than done.

It's either be stupid and short, or be stupid and FOMO long. But one thing you can't be doing is a rational appraisal of the market.
  • #48,265
  • Edited 1:08pm Oct 23, 2024 2:33am | Edited 1:08pm
long at 2752.50
Sl :2748.50
Tp : 2755.50(Closed at 2754.50) (+20pip)
---------------------------
Sell limit at : 2755 (filled)
Sl :2759
Tp:2752 (tp hit) (+30pip)
-------------------------
add short at 2757.50
Sl : 2760.50
Tp : 2752 (tp hit) (+55pip)
-----------------------
Buy limit at 2750(filled)
Sl : 2746(sl hit) (-40pip)
Tp : 2762
-------------------
Buy limit at : 2743(filled)
Sl : 2739(sl hit)(-40pip)
Tp : 2748
---------------------
Short at :2739
SL: 2743
Tp: 2729(closed at 2733)(+60pip)
--------------------
Short at :2737
Sl : 2741
Tp: 2731(tp hit) (+60pip)
---------------------
Buy Limit at 2728
Sl : 2724(sl hit)(-40pip)
Tp : 2731
----------------------
Short at 2725.50
Sl : 2729.50
Tp : 2720(tp hit) (+55pip)
-----------------------
buy limit at : 2720
Sl : 2716 (closed at 2718 )(-20pip)
Tp 2728
‐---------------------
Short at : 2718
Sl : 2722
Tp : 2710(tp hit )(+80 pip)
-----------------------
Short at : 2713.50
Sl : 2716.50
Tp : 2705.5(close at 2713)(5pip)
----------------------
long at : 2714.50
Sl : 2710.50
Tp : 2718 (may changed to open if move fast tword tp )
tp changed to 2722.50 (tp hit)(+80pip)
---------------
add long at : 2717
Sl : 2714
Tp: 2722(tp hit )(+50pip)
-----------------
Short at : 2719.50
Sl : 2722.50(sl hit )(-30pip)
Tp : 2715.50 (if move fast i will change my tp )
----------------
add short at : 2720.50
Sl : 2722.50(sl hit )(-20pip)
tp : 2715.50
-----------------
long at : 2722(last trade if fail)
Sl : 2718(may close ahead if not working )(sl hit)(-40pip)
Tp : open
----------------
Today Status : (20,30,55,-40,-40,60,60,-40,55,-20,80,5,80,50,-30,-20,-40pip) , Total : +265pip
Today Win Ratio : 10/17 or %59
Max Drawdown : 0
Max profit : +355
  • #48,266
  • Oct 23, 2024 2:35am Oct 23, 2024 2:35am
this eurusd drop, wherever it stops is going to send gold to 2762
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  • #48,267
  • Oct 23, 2024 2:37am Oct 23, 2024 2:37am
Whether they like it or not, this is the strategy of the average gold bull right now. And I did buy after a $2 retracement on a $150 move.
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  • #48,268
  • Oct 23, 2024 2:38am Oct 23, 2024 2:38am
Quoting PatienceFx
this eurusd drop, wherever it stops is going to send gold to 2762 {image}
but i am waiting to see which side this wedge opens
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  • #48,269
  • Oct 23, 2024 2:43am Oct 23, 2024 2:43am
Quoting Isabella_D
{quote} fundamental and longer term. edit: sorry for short answer, will write more detailed on weekend
2400 seems amazing… now it looks impossible…
  • #48,270
  • Oct 23, 2024 2:45am Oct 23, 2024 2:45am
Quoting PatienceFx
this eurusd drop, wherever it stops is going to send gold to 2762 {image}
I bought EU at 0782. I expect 0770 to hold it. Let's see what it does to gold. I'm in gold short at 2731 collecting good swaps. I'll hold until Trump wins. If Kamala wins, then SL.
  • #48,271
  • Edited 3:25am Oct 23, 2024 2:47am | Edited 3:25am
Quoting Scalper-N
{quote} 2400 seems amazing… now it looks impossible…
That's how it always looks. There won't be a warning. It'll simply do a $100 dump in one day, hit a good fib ret. support, get lots of buyers and then do another $100 the next few days.

That said, IT IS NOT WISE TO SELL NOW WITHOUT PROPER SL, MONEY MANAGEMENT, AND EQUITY.
  • #48,272
  • Oct 23, 2024 2:49am Oct 23, 2024 2:49am
Quoting MrFanciful
I think I'm calling it quits. It's all very well to just say "buy the dips" or "buy at every support level", but when that support level is a 0.18% retracements at ATHs of a $150 dollar move over 10 days with only 1 bearish daily candle. It's easier said than done. It's either be stupid and short, or be stupid and FOMO long. But one thing you can't be doing is a rational appraisal of the market.
Don't let the b@st@rds grind you down, Fance. You know you will beat 'em eventually.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #48,273
  • Oct 23, 2024 2:49am Oct 23, 2024 2:49am
Quoting azhantahir
{quote} Still waiting for 1st entry for today. Buyers still control the situation. Prices can go unpredictable with a minimum or above 2740 for manipulations. Long tail doji seems decoy for today's movement. Waiting is painful when you are a SELLER Maybe waiting for New York Open. Seems interesting for both warriors either BUYER OR SELLER....
Welcome London Open.

Waiting is very painful. Lots of time has been wasted. Last day, waiting to become an intraday seller, but nothing. .So pity but nothing to lose. Lastly, Gold makes another HH. HH means good news. Today, Gold gifts another sign. Not once but twice. So impressive. Just a personal opinion. Trade safe.
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Look right, we'll see the signs
  • #48,274
  • Oct 23, 2024 2:50am Oct 23, 2024 2:50am
Quoting Isabella_D
{quote} fundamental and longer term. edit: sorry for short answer, will write more detailed on weekend
Hi ma'am, will be waiting for your fundamental on weekend.
Cause there may be something that i might be missing.
Mine is based on this.
TA
And the Up move is becoming more and more extended, cause currently Price structure and wave structure suggest 2767 range, then 2720 then to possibly 2820 range before possibily a deep correction to 2500 range.
But will be waiting for Price structure to confirm my wave analysis.

FA which is i am more interested
On the east, China pouring lots of liquidity while on the west side, +ve FED budget and Higher possibility Trump to win the Election, driving the dollar and metals, while Equitiies remains in consolidation, its upward structure still intact, path of least resistance still to the upside. Couple with the fiscal and political condition of the west, the recent Hurricane is expected to put further pressure on Employment which is due in 2 weeks and may trigger the market to price a 50bps cut for the next FOMC if actual figure fall short to expected upper range limit.
Even ECB is expected to cut by 50bps, so further supplement to Gold Rally.
More time in the market, does not mean you trade better!
  • #48,275
  • Oct 23, 2024 2:50am Oct 23, 2024 2:50am
Quoting Mitiblotch
{quote} That's how it always looks. There won't be a warning. It'll simply do a $100 dump in one day, hit a good fib ret. supports, get lots of buyers and then do another $100 the next few days. That said, IT IS NOT WISE TO SELL NOW WITHOUT PROPER SL, MONEY MANAGEMENT, AND EQUITY.
When there is a liquidity crisis, that's when it'll fall hard.
  • #48,276
  • Oct 23, 2024 2:50am Oct 23, 2024 2:50am
Quoting MrFanciful
I think I'm calling it quits. It's all very well to just say "buy the dips" or "buy at every support level", but when that support level is a 0.18% retracements at ATHs of a $150 dollar move over 10 days with only 1 bearish daily candle. It's easier said than done. It's either be stupid and short, or be stupid and FOMO long. But one thing you can't be doing is a rational appraisal of the market.
I'm done chasing those big exotic wins. It's just not worth it. I keep getting caught up in the illusion of selling at the peak and riding it down, or adding to my winning trades hoping for a huge win but Instead, I end up turning those into losses, and it's really messing with my head
  • #48,277
  • Oct 23, 2024 2:55am Oct 23, 2024 2:55am
Quoting Lloyd628
{quote} Don't let the b@st@rds grind you down, Fance. You know you will beat 'em eventually.
I was £1200 up on the month, now I'm £100. There goes my engagement ring money. Fuck.

I'm not a FOMO trader so This is killing me. Buying at all time highs after a $2 retracement doesn't come easy.
  • #48,278
  • Oct 23, 2024 2:55am Oct 23, 2024 2:55am
Quoting Eringu
on the long side and still waiting for more "expensive" gold levels ..hope to see 2750 and 2777 Cheers
one done waiting for the next one

Cheers
its all about Karma
  • #48,279
  • Oct 23, 2024 2:56am Oct 23, 2024 2:56am
Quoting Orand
{quote} I'm done chasing those big exotic wins. It's just not worth it. I keep getting caught up in the illusion of selling at the peak and riding it down, or adding to my winning trades hoping for a huge win but Instead, I end up turning those into losses, and it's really messing with my head
Thats the whole point of trading with the flow of price structure. It prevent ones from staying on a losing streak.
More time in the market, does not mean you trade better!
  • #48,280
  • Oct 23, 2024 2:56am Oct 23, 2024 2:56am
Quoting Orand
{quote} I'm done chasing those big exotic wins. It's just not worth it. I keep getting caught up in the illusion of selling at the peak and riding it down, or adding to my winning trades hoping for a huge win but Instead, I end up turning those into losses, and it's really messing with my head
Neither am I. I can't see what is a retracement. I can only assume that I have be Jim Crammer and just spam that buy button and hope I'm not buying at the top.
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