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  • #51,621
  • Nov 14, 2024 3:09am Nov 14, 2024 3:09am
I've lost 400 pips this week. My biggest weekly loss. I'm in longs from 2551 SL set at break even. If sl get hit then I'm done for the week.
  • #51,622
  • Nov 14, 2024 3:12am Nov 14, 2024 3:12am
Quoting michiyo
I've lost 400 pips this week. My biggest weekly loss. I'm in longs from 2551 SL set at break even. If sl get hit then I'm done for the week.
I think you'll be done, trading against the trend is one way to take huge losses quickly on gold, the trend is clearly bearish
  • #51,623
  • Nov 14, 2024 3:14am Nov 14, 2024 3:14am
Who knows where the bottom is, gold can't keep on selling till the end of the year ?? I still think we'll see 3k if not by this year, then Q1 '25
  • #51,624
  • Nov 14, 2024 3:14am Nov 14, 2024 3:14am
Quoting Isabella_D
{quote} Showing a TradeExplorer means additional psychological stress in addition to trading. If you don't have one, it's better to stay out of the assessment. Sad to say
Don't bother, let's focus on trading
  • #51,625
  • Nov 14, 2024 3:19am Nov 14, 2024 3:19am
Quoting michiyo
I've lost 400 pips this week. My biggest weekly loss. I'm in longs from 2551 SL set at break even. If sl get hit then I'm done for the week.
that's it. I'm done for the week
  • #51,626
  • Nov 14, 2024 3:20am Nov 14, 2024 3:20am
Quoting PatienceFx
{quote} Don't bother, let's focus on trading
The reason behind USD strength is too big for any technical indicator
  • #51,627
  • Nov 14, 2024 3:26am Nov 14, 2024 3:26am
Quoting michiyo
{quote} that's it. I'm done for the week
me too, toughest 2 weeks so far in my 3 years trading experience. idk why im too stubborn to not short. damn
  • #51,628
  • Nov 14, 2024 3:27am Nov 14, 2024 3:27am
Quoting BiteFX
{quote} 4841642 {image}
I see now. That's why you bought Gold yesterday because of M5 market structure
Attached Image (click to enlarge)
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  • #51,629
  • Nov 14, 2024 3:31am Nov 14, 2024 3:31am
Quoting Azen
{quote} I see now. That's why you bought Gold yesterday because of M5 market structure
Now you see, not because anybody told you to buy or sell.
Nice one!
Learn... Work Hard... Trade Alone
  • #51,630
  • Nov 14, 2024 3:35am Nov 14, 2024 3:35am
Attached Image (click to enlarge)
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Learn... Work Hard... Trade Alone
  • #51,631
  • Nov 14, 2024 3:35am Nov 14, 2024 3:35am
Ok so that's now 7 weeks of gains lost in about 2 weeks
  • #51,632
  • Nov 14, 2024 3:36am Nov 14, 2024 3:36am
Quoting BiteFX
{quote} Now you see, not because anybody told you to buy or sell. Nice one!
I'm sorry but I'm not buying or selling because anybody or someone is telling me to buy or sell. I trade my own.
  • #51,633
  • Nov 14, 2024 3:38am Nov 14, 2024 3:38am
Quoting Azen
{quote} I'm sorry but I'm not buying or selling because anybody or someone is telling me to buy or sell. I trade my own.
Best statement, I am proud of you sir
  • #51,634
  • Nov 14, 2024 3:38am Nov 14, 2024 3:38am
From what I can see, this is perhaps golds worst week ever, only being beaten by the week in March 2020 when all the covid lockdowns started.
  • #51,635
  • Nov 14, 2024 3:39am Nov 14, 2024 3:39am
Quoting Azen
{quote} I'm sorry but I'm not buying or selling because anybody or someone is telling me to buy or sell. I trade my own.
Sorry man.
Learn... Work Hard... Trade Alone
  • #51,636
  • Nov 14, 2024 3:40am Nov 14, 2024 3:40am
Quoting PatienceFx
{quote} Best statement, I am proud of you sir
Your new strategy is using pivots? Can you share why pivots are great?
  • #51,637
  • Nov 14, 2024 3:41am Nov 14, 2024 3:41am
Quoting BiteFX
{quote} Sorry man.
Thanks for your input on market structure.
  • #51,638
  • Nov 14, 2024 3:47am Nov 14, 2024 3:47am
Quoting michiyo
I've lost 400 pips this week. My biggest weekly loss. I'm in longs from 2551 SL set at break even. If sl get hit then I'm done for the week.
I Have 2 buys in from 2577 and 2600 waiting for break even to hit then switch to sells But it seems sooo far away at this moment.Its a wave I will need to ride.Mrs margin is still a sleep on my side
average dude treading water
  • #51,639
  • Nov 14, 2024 3:49am Nov 14, 2024 3:49am
Quoting michiyo
I've lost 400 pips this week. My biggest weekly loss. I'm in longs from 2551 SL set at break even. If sl get hit then I'm done for the week.
What even is your basis for buying? Here is a simple strategy get Daily and 4h bias and mark the SnD areas after that go to 5m tf wait for the price to pullback in SnD area wait for engulfing candle to finish before entering a position target the next SnD area. Don't trade against a trend until you learn how to follow a trend first
  • #51,640
  • Nov 14, 2024 3:54am Nov 14, 2024 3:54am
Quoting Azen
{quote} Your new strategy is using pivots? Can you share why pivots are great?
No sir, I am not using any technical strategy or system

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