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  • #57,861
  • Dec 30, 2024 10:47am Dec 30, 2024 10:47am
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  • #57,862
  • Dec 30, 2024 10:51am Dec 30, 2024 10:51am
Quoting BiteFX
What does a trading system contain? 1. Buy/Sell signal 100% (this is a function of 10000 hours of chart reading) 2. Money management 100% (this is a function of sound financial principle 2% risk of total equity) 3. Emotional management 100% (this is a function of emotional quotient steming from the ability to manage euphoria and the dopamine effect of winners and the fear of missing out FOMO). BiteFX
Grab this
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  • #57,863
  • Dec 30, 2024 10:51am Dec 30, 2024 10:51am
Quoting Abeylyn
{quote} What's the name please, Linear Regression Channel ?
It is called bhains ki tang indicator
  • #57,864
  • Dec 30, 2024 11:19am Dec 30, 2024 11:19am
Quoting vankiepsauff
big short gold 2627 , 30 lots
closed all short at 2603
vankiepsauff@gmail
  • #57,865
  • Edited 11:56am Dec 30, 2024 11:44am | Edited 11:56am
Most likely 2606 to be hit...
I am scalping on buys with a mean reversion strategy, so this not an advise, i am using very low positions.
Use yours patterns in lower time frames to hit that price.
Midnight NY of 19 December rejected, never tested. Daily range reached, to better confirmation is this 4H candle NY time close above 2600.435.
And aligns with 4H close candle that create the Daily EQ.
After this tomorrow is another day for me.


EDIT: A close above in 4H Ny time above 2603.825, can mean a reversal to the upside if we have another 4h rejection of this price, wait for the high of that confirmation candle be broken. Don't predict...
  • #57,866
  • Dec 30, 2024 12:21pm Dec 30, 2024 12:21pm
Quoting Elliottway
My ultimate target is 2594. I plan to sell if the price rises above 2619.
My buys.. got two positions but, two limits still there..
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SURFER
  • #57,867
  • Dec 30, 2024 12:46pm Dec 30, 2024 12:46pm
Quoting Deal
Most likely 2606 to be hit... I am scalping on buys with a mean reversion strategy, so this not an advise, i am using very low positions. Use yours patterns in lower time frames to hit that price. Midnight NY of 19 December rejected, never tested. Daily range reached, to better confirmation is this 4H candle NY time close above 2600.435. And aligns with 4H close candle that create the Daily EQ. After this tomorrow is another day for me. EDIT: A close above in 4H Ny time above 2603.825, can mean a reversal to the upside if we have another 4h rejection...
Why 2606 and Not the close 2606.730?
Because they use spread to mitigate open and closes most of the time.
When you guys have a Tp with open and closes always have into account the spreads, is a safe way to close the trade and enter in a trade.
We earn less but we are not caught with our pants in our hands.

OBS: I am liking this next candle...
  • #57,868
  • Dec 30, 2024 12:56pm Dec 30, 2024 12:56pm
Quoting Elliottway
{quote} My buys.. got two positions but, two limits still there.. {image}
If a buy play out on this 4H OB the target for me is 2622.
Targeting liquidity in the 1H
Perhaps i try play it in 1H, more risky but with good probabilities.
  • #57,869
  • Dec 30, 2024 1:08pm Dec 30, 2024 1:08pm
Guys, I think its time to sell gold down to 2504. The monthly chart spells nothing good.
  • #57,870
  • Dec 30, 2024 1:50pm Dec 30, 2024 1:50pm
Quoting Bakker
Guys, I think its time to sell gold down to 2504. The monthly chart spells nothing good.
EOD Discounts Bakker .. it will continue like this until tomorrow and then New Year .. well thats a different thing ..
Candlesticks dont move markets, Volume does
  • #57,871
  • Dec 30, 2024 3:17pm Dec 30, 2024 3:17pm
Quoting PatienceFx
{quote} It is called bhains ki tang indicator
  • #57,872
  • Dec 30, 2024 4:51pm Dec 30, 2024 4:51pm
Quoting PatienceFx
just finished writing this code, a complete swiss knife. on Left is RSI values on different time frames to sense (General Trend)) on top the two numbers is pip difference from m5 100 & 200- sma on chart the weekly fibop levels with week open & m5 100 & 200 sma levels (in green) so just one look gives what trade to take and targets now i feel safe {image}
HI BRO SHED light about your fibo +indi manual or indicator? how you use/apply it and if possilble share.thanks
Say something meaningful or Silence!!
  • #57,873
  • Dec 30, 2024 6:20pm Dec 30, 2024 6:20pm
d1
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vankiepsauff@gmail
  • #57,874
  • Dec 30, 2024 7:12pm Dec 30, 2024 7:12pm
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Learn... Work Hard... Trade Alone
  • #57,875
  • Dec 30, 2024 7:23pm Dec 30, 2024 7:23pm
Quoting BiteFX
{image}
too early…
Telegram orderflowbuddy
  • #57,876
  • Dec 30, 2024 7:25pm Dec 30, 2024 7:25pm
Buy 2606 - 07
Holy Betting Grail strategy
  • #57,877
  • Dec 30, 2024 8:14pm Dec 30, 2024 8:14pm
Quoting classy
{quote} HI BRO SHED light about your fibo +indi manual or indicator? how you use/apply it and if possilble share.thanks
Price difference from 20 sma on each time frame
MacD direction on each time frame
RSI value on each time frame
  • #57,878
  • Dec 30, 2024 8:58pm Dec 30, 2024 8:58pm
Quoting fxcontest
Buy 2606 - 07

Stopout BE+spread
Holy Betting Grail strategy
  • #57,879
  • Dec 30, 2024 8:58pm Dec 30, 2024 8:58pm
Sell 2607 - 06
Holy Betting Grail strategy
  • #57,880
  • Dec 30, 2024 9:56pm Dec 30, 2024 9:56pm
Sell limit at 2607
SL 2612
TP 2596

This is what i see for now...
131 traders viewing now, 1 is registered:
Izeey007