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  • #48,461
  • Oct 23, 2024 11:28am Oct 23, 2024 11:28am
Gold is not corelated to dollar anymore due to various reasons and if u have observed. in last 20 days all the news which were good for dollar didn't impact gold much... nfp and all major news didn't bother gold. So it's all abt big players when they want to take profit. Either after election or later.

After crossing 2758 it's confirm that Gold is pretty much open to 2800 as it's just a matter of a day but for $3000 it needs some big correction before moving up
  • #48,462
  • Oct 23, 2024 11:30am Oct 23, 2024 11:30am
that's all for today.
Max DD reached -1.8%
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https://t.me/biogoldscalper
  • #48,463
  • Oct 23, 2024 11:32am Oct 23, 2024 11:32am
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  • #48,464
  • Oct 23, 2024 11:32am Oct 23, 2024 11:32am
Quoting jawad99
{quote} I place 5 layers long on gold from 2732 and set TP to 2645. Then i go to sleep and forgot 2 layers SL, when i get up and look at chart gold crush my account. It was reached to 2739 after that fall like stone from sky. Now i hold it either it will blow my monthly profit or either go to my entry point i will close manualy. Due to that reasons i never trade on gold but some how since 2nd week i m trading n gold and forgot NASDAQ. I hope that if it come to my entry point either today or tomorrow, then i will never trade on this bullshit pair....
unfortunately trading gold is like playing snake and ladder,
you can wipe your profit in single day if not careful , and lose most valuable item in process your time
  • #48,465
  • Oct 23, 2024 11:32am Oct 23, 2024 11:32am
Quoting FulMargnAlch
Time to rest. Made 6 trades today from other pairs. No trade for gold cause I missed the alien and predator indicator. Advise to news traders out there, flopping is part of the process. Flipping $5 to $100 is good initially but it will hinder your mindset in the long run. Gambling mindset. New account after every flopping. Have a good day.
You'll be able to give advices around when you are able to scrap 50 bucks to spare my friend. May the father of understanding guide you out of your baseless arrogance. Have a great evening!
You have to have an IQ higher than 90 to interact with this user.
  • #48,466
  • Oct 23, 2024 11:36am Oct 23, 2024 11:36am
Quoting foudid
that's all for today. Max DD reached -1.8% {image}
Last post.

I don't understand EA people.

They already found the HOLY GRAIL EA..

Yet they expose it to the public!

Unless..
THEY WANT TO HELP YOU BECOME A MILLIONAIRE TOO! (for a small fee)

I never thought about that. Thanks EA people for making the world a better place.

Good night pips.
The market hides a perfect geometry.
  • #48,467
  • Oct 23, 2024 11:36am Oct 23, 2024 11:36am
Quoting Orand
{quote} unfortunately trading gold is like playing snake and ladder, you can wipe your profit in single day if not careful , and lose most valuable item in process your time
It was my mistake that palcing order and avoiding chart for rest.
Rest was too expensive, but no offense it will go coz it complete correction of week.
So let see does my trades will be profitable or it can give loss
  • #48,468
  • Oct 23, 2024 11:37am Oct 23, 2024 11:37am
long at : 2722(last trade if fail)
Sl : 2718(may close ahead if not working )
Tp : open
--------------
  • #48,469
  • Oct 23, 2024 11:39am Oct 23, 2024 11:39am
Quoting jawad99
{quote} I place 5 layers long on gold from 2732 and set TP to 2645. Then i go to sleep and forgot 2 layers SL, when i get up and look at chart gold crush my account. It was reached to 2739 after that fall like stone from sky. Now i hold it either it will blow my monthly profit or either go to my entry point i will close manualy. Due to that reasons i never trade on gold but some how since 2nd week i m trading n gold and forgot NASDAQ. I hope that if it come to my entry point either today or tomorrow, then i will never trade on this bullshit pair....
you didn't have to trade gold for long, just look at a chart, there's lots of pushes up and down like this on gold.
I don't even think it's due to the gold itself, everytime you have some run like this you have people that want to cash out, and others pouring money into it, making these big pushes.
  • #48,470
  • Oct 23, 2024 11:39am Oct 23, 2024 11:39am
Quoting Orand
{quote} unfortunately trading gold is like playing snake and ladder, you can wipe your profit in single day if not careful , and lose most valuable item in process your time
Or Buckaroo, where you build on the luggage of the donkey until it unexpectedly explodes! Haha
  • #48,471
  • Oct 23, 2024 11:44am Oct 23, 2024 11:44am
Quoting sadsoul
Gold is not corelated to dollar anymore due to various reasons and if u have observed. in last 20 days all the news which were good for dollar didn't impact gold much... nfp and all major news didn't bother gold. So it's all abt big players when they want to take profit. Either after election or later. After crossing 2758 it's confirm that Gold is pretty much open to 2800 as it's just a matter of a day but for $3000 it needs some big correction before moving up
If i remeber you had open short position fron long before , are they still open ?
  • #48,472
  • Oct 23, 2024 11:46am Oct 23, 2024 11:46am
Quoting Whale
{quote} Where is the support
I don't know what I see is an interesting liquidity sweep on D1 good for a new high
  • #48,473
  • Oct 23, 2024 11:47am Oct 23, 2024 11:47am
Quoting foudid
that's all for today. Max DD reached -1.8% {image}
by any chance do you have any myfxbook?
  • #48,474
  • Oct 23, 2024 11:53am Oct 23, 2024 11:53am
Quoting Orand
long at : 2722(last trade if fail) Sl : 2718(may close ahead if not working ) Tp : open --------------
It will go but befor that move SL to BE if it cross 2730.
Snd leave that trade maybe it will cross 2759 high.
From my perspective
  • #48,475
  • Oct 23, 2024 11:56am Oct 23, 2024 11:56am
I have added to my long

Let’s see
  • #48,476
  • Oct 23, 2024 12:07pm Oct 23, 2024 12:07pm
Quoting 19monza64
{quote} I don't know what I see is an interesting liquidity sweep on D1 good for a new high
could you share the chart?

if you talk about the break of yesterday's low, day still running.
  • #48,477
  • Oct 23, 2024 12:11pm Oct 23, 2024 12:11pm
Quoting azhantahir
{quote} Aggressively to bottom. Waiting for probability if available. Climb without confirmation? {image}

BUY STOP and SL
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Look right, we'll see the signs
  • #48,478
  • Oct 23, 2024 12:13pm Oct 23, 2024 12:13pm
Quoting FulMargnAlch
{quote} Last post. I don't understand EA people. They already found the HOLY GRAIL EA.. Yet they expose it to the public! Unless.. THEY WANT TO HELP YOU BECOME A MILLIONAIRE TOO! (for a small fee) I never thought about that. Thanks EA people for making the world a better place. Good night pips.
I’m not here to pretend anything or to offend anybody for the results on a daily basis.

I’m here to share some results and share some trust and maybe discuss with some of members in the future to share the EA.

My main objective is not only to like create a website and start sell an EA and in a few days no more connected on this forum
I need to start working on protecting the EA and after that only I will start a special discussion/topic on this EA.
Nothing is an holy grail EA. For some, these EA will not match them because they can’t accept some DD or to have multiple positions for example.

Trading is not only an EA, it’s a mindset to have.

And yes, if I can help people to reach green pips on a daily basis, I will do it definitely something!
https://t.me/biogoldscalper
  • #48,479
  • Oct 23, 2024 12:19pm Oct 23, 2024 12:19pm
Quoting Hulkisbck
{quote} gold nice fall waiting 2694 {image}
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  • #48,480
  • Oct 23, 2024 12:24pm Oct 23, 2024 12:24pm
Quoting FulMargnAlch
{quote} I am trading everyday. I am a real trader. You are trading every news only (and create new accounts every month). If you want to waste my time prepare $10k live account. If not, continue watching cables. You might miss another news.
What? This is so wrong. Statistically proven that one of the main reasons traders lose are because of overtrading.

i don’t want to teach anybody or sound “guru” but 99% of what is going on here or almost any thread on FF is full of garbage and jobless cavemen sitting gambling trying to “make a living” LOL. News are the only thing that matters. Mathematics and physics also but NEWS first. Not all news. Currencies are about inflation, jobs, rates. If you want to understand more then strategy is about calculation sigma between inflation, jobs and rates for example. It comes down to as Gaussian normal distribution anyways. Second is understanding how much is something priced in according to rates, jobs, inflation and so on. Its alot of REAL, MEASURABLE things first. Once you understand these things then you can pretty much use any dumbest strategy or lines or ICT or whatever to trade indirection with REAL analysis and you’ll have a great winrate. And it doesn’t mean you trade every day. Plain STUPID is to trade everyday without software. It’s just stupid.

Now I get it if you’re new in trading world and first 5-6 months you fall for this BS. But after that it’s on you.

Anyways no hate towards anyone. At the end of the day it’s your money thats at stake here not mine. I suggest everybody to truly smarten up. How on earth can anybody take so much beating months after months years after years and stupidly believing that “they will make it” or “Rome wasn’t built in a day” - yea it wasn’t but these were smartest people at that time that built it.
How to succeed in zero sum game?
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