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  • #58,821
  • Jan 8, 2025 6:00am Jan 8, 2025 6:00am
Quoting Deal
{quote} At home i explain better. That should BE tested. Like now if this 1h candle close below 2649.91 should give a sell setup. SL 2651.50 targeting 1 deviation from the Sl and the close oh this 1 h candle.
No sell setup and still buy in play...
  • #58,822
  • Jan 8, 2025 6:01am Jan 8, 2025 6:01am
Quoting farukh
{quote} my analysis/prediction is still intact.. gold is still downtrend until day close above 2665.
However, H1 is forming cup and handle pattern. it is expected bullish but only if resistance broken at 2665, take the bull ride and enjoy else start shorting below 2615. Between the range 2615-2665, one can do scalping but it is always high risk in scalping.
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P.S. Always trade with Money Management and Risk Management!
P.S. Trade with the discipline of Money Management and Risk Management.
  • #58,823
  • Jan 8, 2025 6:06am Jan 8, 2025 6:06am
Quoting Deal
{quote} At home i explain better. That should BE tested. Like now if this 1h candle close below 2649.91 should give a sell setup. SL 2651.50 targeting 1 deviation from the Sl and the close oh this 1 h candle.
Despiste setup not form if news close below is valid again.
  • #58,824
  • Jan 8, 2025 6:11am Jan 8, 2025 6:11am
Quoting malik_razi
{quote} The data today could also drive prices lower, strengthening your analysis. Let's see.
data often follow technical, I tested many times. Because market is based on economical information already being floated in market. Whenever data shifts the market, it is for short term then again starts moving as per technical or market completely shifts if big player manipulated to wipe out small ones from the market.

Its all about predict the market on tested setups/analysis and then must do money management and risk leverage.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #58,825
  • Jan 8, 2025 6:19am Jan 8, 2025 6:19am
Quoting farukh
{quote} data often follow technical
Sorry to (personally) disagree with you on this.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,826
  • Jan 8, 2025 6:19am Jan 8, 2025 6:19am
Quoting Deal
{quote} Despiste setup not form if news close below is valid again.
I’ve found that news related movements tend to just level themselves out after a few hours, what do you think?
  • #58,827
  • Jan 8, 2025 6:20am Jan 8, 2025 6:20am
Quoting Whale
{quote} good morning RH Where do you think it will go?
Just worked it out for you. As a swing trade, target 2873
The warrior of good
  • #58,828
  • Jan 8, 2025 6:25am Jan 8, 2025 6:25am
Quoting Lloyd628
{quote} We urgently need an insider, a little whale. For this, I did my part years ago in my UK-time. I had an interview to work for one of the Rothschilds. Unfortunately, yet not surprisingly, I didn't get the job offered. D@mn.
You were saved by fate. Otherwise, you will undergo brainwash ceremony and become a predatorial AI that will hunt our accounts
  • #58,829
  • Jan 8, 2025 6:31am Jan 8, 2025 6:31am
Quoting oliverlee
{quote} I’ve found that news related movements tend to just level themselves out after a few hours, what do you think?
If this 1h close below that price i Will apply the setup.
Umless is need to mitigate somethig on gold news have few relevance at short term.
If we have a good pattern we Stay with it.
  • #58,830
  • Jan 8, 2025 6:34am Jan 8, 2025 6:34am
Quoting Lloyd628
{quote} Sorry to (personally) disagree with you on this.
yes its ok. anyone can disagree. I respect your opinion
P.S. Trade with the discipline of Money Management and Risk Management.
  • #58,831
  • Jan 8, 2025 6:38am Jan 8, 2025 6:38am
Quoting Azen
{quote} You were saved by fate. Otherwise, you will undergo brainwash ceremony and become a predatorial AI that will hunt our accounts
Nice 1.
The job interview had - of course, as I know sod all about $£€ - nothing to do with finances. I went for the butler/chauffeur job. Saved by, as you rightly mentioned, not been given the job indeed, cos believe me: that world of (old or new) mega-money stinks. Once people have a few (million/billion) quid, they truly believe they own the people.
Time for a Stella, me thinks.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,832
  • Jan 8, 2025 6:41am Jan 8, 2025 6:41am
Price came very close to my stop but didn't hit
now lets continue with the plan!
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  • #58,833
  • Jan 8, 2025 6:42am Jan 8, 2025 6:42am
Quoting Deal
{quote} At home i explain better. That should BE tested. Like now if this 1h candle close below 2649.91 should give a sell setup. SL 2651.50 targeting 1 deviation from the Sl and the close oh this 1 h candle.
If sel setup play out the SL is 2652.91. my mistake.
  • #58,834
  • Jan 8, 2025 6:51am Jan 8, 2025 6:51am
i've seen this behaviour before.

Prep for drop during the ADP. 30 mins before I'll take a look at the high, short it and put my stop 30 pips behind the high. min target 150 pips.
  • #58,835
  • Jan 8, 2025 6:59am Jan 8, 2025 6:59am
Quoting saal
gold Buy 2651-2648 SL: 2643 TP: 2654 TP: 2657 TP: 2660 TP: 2663
TP1
TP2
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Success is not final, failure is not fatal... - Winston Churchill
  • #58,836
  • Jan 8, 2025 7:00am Jan 8, 2025 7:00am
Quoting Maria25
Price came very close to my stop but didn't hit now lets continue with the plan! {image}
what I can see in your setup, if you enter after close above the last resistance or support in same time frame it will be safer for you to grab some profit and reduce the chance of hitting stop loss.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #58,837
  • Jan 8, 2025 7:01am Jan 8, 2025 7:01am
Quoting Elliottway
I've already yanked out your teeth, yet that frog keeps hopping around, croaking like it’s auditioning for a role in a noisy nature documentary. Soon enough, it’ll find itself under the tires of a truck, legs spread wide, catching the sunlight in the most dramatic (and short-lived) way possible!
+1 candle confirmed. Lets go..
SURFER
  • #58,838
  • Jan 8, 2025 7:02am Jan 8, 2025 7:02am
Quoting saal
gold sell 2652 sl 2655 tp1 2648 tp2 2645
SL already.. 2 minute SL we call it
Telegram orderflowbuddy
  • #58,839
  • Jan 8, 2025 7:03am Jan 8, 2025 7:03am
Bought more at the day's low and covered most of it. Lucky escape this time.
on a postive roll...
  • #58,840
  • Jan 8, 2025 7:04am Jan 8, 2025 7:04am
I am enjoying my trading method
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