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  • #56,041
  • Dec 13, 2024 5:42am Dec 13, 2024 5:42am
2661-51 next support
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  • #56,042
  • Dec 13, 2024 5:44am Dec 13, 2024 5:44am
Quoting Tradersview-
2661-51 next support {image}
question if you don’t mind…

from my inexperienced viewpoint, I’m questioning why price isn’t rebounding if the buy % is higher than the sell?
  • #56,043
  • Dec 13, 2024 5:48am Dec 13, 2024 5:48am
Quoting oliverlee
{quote} question if you don’t mind… from my inexperienced viewpoint, I’m questioning why price isn’t rebounding if the buy % is higher than the sell?
To takeout buyers sl
  • #56,044
  • Dec 13, 2024 5:49am Dec 13, 2024 5:49am
Quoting Tradersview-
2661-51 next support {image}
Below 51 we have a big free fall to minimum 2622-17.
today? Idk
  • #56,045
  • Dec 13, 2024 5:50am Dec 13, 2024 5:50am
Looking at Scalp 2658 -2660 TP 10$, 2665 not showing much buying interest
  • #56,046
  • Dec 13, 2024 5:50am Dec 13, 2024 5:50am
Quoting Tradersview-
{quote} To takeout buyers sl
Thank you for getting back to me, appreciate it
  • #56,047
  • Dec 13, 2024 5:51am Dec 13, 2024 5:51am
Quoting vankiepsauff
short 2682.60 , 20 lots
still hold , sl to be
vankiepsauff@gmail
  • #56,048
  • Dec 13, 2024 5:51am Dec 13, 2024 5:51am
Fundamentally gold is very bearish. Today gold ma be going to 2600.
  • #56,049
  • Dec 13, 2024 5:52am Dec 13, 2024 5:52am
I see the sentiment dashboard and I am also apply sentiment in my trading...

Its not quite correct, the buyers are trapped in losses and build on to their loosing positions where as sellers take profits and exit positions.

Thats how the dashboard works.

And also its from brokers, where the majority of the clients are placed in the wrong direction
  • #56,050
  • Dec 13, 2024 5:56am Dec 13, 2024 5:56am
Also have in mind with the sentiment dashboard, it only shows retail clients as big players do not trade with traditional brokers.

And as brokers keep the clients trades on them, they do not reflect in the real market, hence does not impact price
  • #56,051
  • Dec 13, 2024 5:57am Dec 13, 2024 5:57am
Quoting oliverlee
{quote} question if you don’t mind… from my inexperienced viewpoint, I’m questioning why price isn’t rebounding if the buy % is higher than the sell?
that should also tell you, two things, trade what you and not what you believe or what you read on these websites .. if you really want to understand what exactly is happening, i would recommend your only other go to method is Order Flow and Vol Profiles .. anything else you will be wasting your valuable time..
Candlesticks dont move markets, Volume does
  • #56,052
  • Dec 13, 2024 5:58am Dec 13, 2024 5:58am
Since the price has already dropped below 2675, we should now wait for the next resistance formation to better understand the market pattern. Based on this, we can plan our trade setup accordingly. The H1 resistance will be crucial for gaining clarity on the price direction. If we miss this opportunity, we will adjust our approach by buying when there's a selling signal and selling when there's a buying signal. Currently, the 2650 H4 support level is acting as a key reference.
SURFER
  • #56,053
  • Dec 13, 2024 6:04am Dec 13, 2024 6:04am
Quoting Praetorion
{quote} that should also tell you, two things, trade what you and not what you believe or what you read on these websites .. if you really want to understand what exactly is happening, i would recommend your only other go to method is Order Flow and Vol Profiles .. anything else you will be wasting your valuable time..
You should check your math brother. MT4 Indicators are powerful, it's only a matter of "correct" secret settings.
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  • #56,054
  • Dec 13, 2024 6:06am Dec 13, 2024 6:06am
Quoting Praetorion
{quote} that should also tell you, two things, trade what you and not what you believe or what you read on these websites .. if you really want to understand what exactly is happening, i would recommend your only other go to method is Order Flow and Vol Profiles .. anything else you will be wasting your valuable time..
thank you.

i am going to, off the back of your reply, spend some time looking into order flow and volume profiles this weekend.

another tool to add to my knowledge for future.
  • #56,055
  • Dec 13, 2024 6:08am Dec 13, 2024 6:08am
Quoting rexxen
Looking at Scalp 2658 -2660 TP 10$, 2665 not showing much buying interest
Cancelled. Almost hit, was expecting spike down a couple more bucks. Will wait for this to fizzle out and sell down again. 267xish
  • #56,056
  • Dec 13, 2024 6:24am Dec 13, 2024 6:24am
Liquidity grab in play? Candle has not closed though
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If you think you can or cannot do it you are correct
  • #56,057
  • Dec 13, 2024 6:35am Dec 13, 2024 6:35am
Quoting Olu
Liquidity grab in play? Candle has not closed though {image}
Thank you for sharing your pespective...and it is a nice setup...

But when you look at the left, you can see the candles dancing on that level... Therefore, in my humble opinion, we cannot be sure that the red line is a respectable level of price...

So, it is better to support any trading ideas with multiple instruments

Best Regards
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #56,058
  • Dec 13, 2024 6:36am Dec 13, 2024 6:36am
Quoting Azen
{quote} You should check your math brother. MT4 Indicators are powerful, it's only a matter of "correct" secret settings. {image}
Been trading long enough.. don't need those except giving you probabilities when you are on a mobile device.. and as for my math, pretty smooth.
Candlesticks dont move markets, Volume does
  • #56,059
  • Dec 13, 2024 6:41am Dec 13, 2024 6:41am
Quoting oliverlee
{quote} thank you. i am going to, off the back of your reply, spend some time looking into order flow and volume profiles this weekend. another tool to add to my knowledge for future.
Order Flow are paid subscriptions and on a monthly basis. recommend that you look at volume profiles, I'm not sure if that's also free available on TV.
Candlesticks dont move markets, Volume does
  • #56,060
  • Dec 13, 2024 6:43am Dec 13, 2024 6:43am
Quoting Bikrompur
Fundamentally gold is very bearish. Today gold ma be going to 2600.
Next week in my opinion
The warrior of good
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