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  • #56,281
  • Dec 16, 2024 7:57am Dec 16, 2024 7:57am
Quoting Deal
ONLY play my box pattern to the tick. Still 4h pattern still possible if we don't have a close below 2658.01 in1h TF . After that the pattern Will struglle to play out.
I see so far bears are defending the 2664 level you mentioned earlier.
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  • #56,282
  • Dec 16, 2024 7:58am Dec 16, 2024 7:58am
The toros are doing it. Let's see if this is a great push.
  • #56,283
  • Dec 16, 2024 7:58am Dec 16, 2024 7:58am
Woke up past market open and bought higher than I would have liked, got stopped out due to my tight SL , was unwilling to buy again being Monday, but gold is definitely bullish IMO
  • #56,284
  • Dec 16, 2024 8:03am Dec 16, 2024 8:03am
2658.01... Two retest... Last time this happen we shift bearish.
Eyes on last candle that retest, break above or below Will with high probability determine continuation in 1h TF.
If it break below wait for 1h candle wick that price before go short because i am very positive that Will do it.
  • #56,285
  • Dec 16, 2024 8:04am Dec 16, 2024 8:04am
Quoting taolatoma
{quote} @M15 confirmed the second time at the resistance area of H1 and H4 and I sold; to have a high win rate, wait for the price to stabilize below 2658
#Tao, I sold too... I expect the bears to finish up their move before I will buy at lower prices when I see the buy setup.
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  • #56,286
  • Dec 16, 2024 8:05am Dec 16, 2024 8:05am
if it break above 65 i see bulls atack
No retreat,No surrender !
  • #56,287
  • Dec 16, 2024 8:05am Dec 16, 2024 8:05am
Now we have a market over here too.. People who are bullish and people who are bearish. then there are people who are liquidity hunters
Candlesticks dont move markets, Volume does
  • #56,288
  • Dec 16, 2024 8:08am Dec 16, 2024 8:08am
Quoting Praetorion
Now we have a market over here too.. People who are bullish and people who are bearish. then there are people who are liquidity hunters
Learn... Work Hard... Trade Alone
  • #56,289
  • Dec 16, 2024 8:08am Dec 16, 2024 8:08am
Quoting PatienceFx
{quote} Why are you in a hurry give it sometime to confirm
@and you see, everything is possible and it is still struggling in this area. Is it just waiting for money to pour in when Flash PMI
  • #56,290
  • Dec 16, 2024 8:12am Dec 16, 2024 8:12am
Waiting M5 close below 2658...South
Holy Betting Grail strategy
  • #56,291
  • Dec 16, 2024 8:33am Dec 16, 2024 8:33am
I'm not sure I expect much before FOMC on Wednesday, maybe it drops a bit more....
  • #56,292
  • Dec 16, 2024 8:45am Dec 16, 2024 8:45am
If this 1h candle close below 2658.01 for and acceptable range i Will buy to hit this price.
  • #56,293
  • Dec 16, 2024 8:45am Dec 16, 2024 8:45am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20241216-154238.png Size: 20 KB

I think 78.6% Fibo works alongside your level #Deal for good entry. But I did not change the initial target I set based on backtest.
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  • #56,294
  • Dec 16, 2024 8:45am Dec 16, 2024 8:45am
Quoting BiteFX
{quote} #Tao, I sold too... I expect the bears to finish up their move before I will buy at lower prices when I see the buy setup.
@Time to turn on Trailing Stop
  • #56,295
  • Dec 16, 2024 8:48am Dec 16, 2024 8:48am
Quoting taolatoma
{quote} @Time to turn on Trailing Stop
OK. Great! Thanks.
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  • #56,296
  • Dec 16, 2024 8:53am Dec 16, 2024 8:53am
Quoting BiteFX
{image} I think 78.6% Fibo works alongside your level #Deal for good entry. But I did not change the initial target I set based on backtest.
For now i am bullish, for today ONLY Turn bearish if 1h close below 2651.55.
And if this 1h candle close above 2655.77 i think i Will buy more., Stop at 2651
  • #56,297
  • Dec 16, 2024 8:54am Dec 16, 2024 8:54am
Kijun Broken, and retested with Lots of volume. most likely continuing new down trend for rest of day now. I'm guessing 2650 or lower by close.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-12-16 145938.png Size: 21 KB
  • #56,298
  • Dec 16, 2024 8:56am Dec 16, 2024 8:56am
I think 2658 is broken.
  • #56,299
  • Dec 16, 2024 8:59am Dec 16, 2024 8:59am
I Will buy for scalp to 2658.01 for sure
  • #56,300
  • Dec 16, 2024 9:13am Dec 16, 2024 9:13am
Quoting fxcontest
Waiting M5 close below 2658...South
Set TP above 2630 and Green
Holy Betting Grail strategy
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