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  • #59,481
  • Jan 12, 2025 6:00pm Jan 12, 2025 6:00pm
Quoting ElCampeador
{quote} Hey chimp, sit back and observe how to trade
_______________ oweeeeeeeeeeeeeeeeeeeeeeee
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Stay Under my dealer's RADAR
  • #59,482
  • Jan 12, 2025 6:22pm Jan 12, 2025 6:22pm
Quoting pipHunter2
{quote} _______________ oweeeeeeeeeeeeeeeeeeeeeeee {image}
You may have to stick it up your ass in a while
The warrior of good
  • #59,483
  • Jan 12, 2025 6:35pm Jan 12, 2025 6:35pm
Quoting Praetorion
{quote} What a coincidence with the timing of your message! I was just reading some unexpected news as well regarding china. Considering the likelihood of a strong Friday close, it's reasonable to anticipate a higher open on Monday. Monday might maintain a relatively tight range, serving as a setup day, while Tuesday could reveal the true market direction and action. The challenge with COT reports is that institutions report their positions on Tuesday, but we only get to see this data on Friday, which creates a lag in interpretation. However, the...
COT is indeed a lagged report, but if properly used, it can increasee one's chance to be on the right side of the market more often.
Apart pure price action, anything else is lagged.
This is why, if a trader cannt read pure price action, the latter is on the losing side. The market will slowly kill his account. Money management strategies also support this view.
More time in the market, does not mean you trade better!
  • #59,484
  • Edited 6:55pm Jan 12, 2025 6:42pm | Edited 6:55pm
Quoting ElCampeador
{quote} You may have to stick it up your ass in a while
____________ I will tell on you to my MaMa and she will take you over her Knees and let you have it LOL
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Stay Under my dealer's RADAR
  • #59,485
  • Jan 12, 2025 7:29pm Jan 12, 2025 7:29pm
2678.40 is very crucial. could be start of down trend, if it's break, and rebounded (support to resistance)
  • #59,486
  • Edited 8:02pm Jan 12, 2025 7:49pm | Edited 8:02pm
Quoting pipHunter2
{quote} 4876747 {image}
Does pedro also hold more than -100 pips floating loss? If it's two orders that's more than -200 pips floating loss. How do you manage that in trading patterns?
  • #59,487
  • Jan 12, 2025 8:42pm Jan 12, 2025 8:42pm
Quoting Maria25
im on break even maybe till Monday {image}
Hello everyone!
On Friday night, just before the market closed, I spotted an attractive setup and entered the trade.
I have to admit, it had been a busy day, and I completely forgot about the Friday and Saturday market closure.
Initially, I managed to move my stop to break even, but my plan was to shift it back to the original stop once the market reopened.
Unfortunately, I was asleep when the market touched my entry again before heading straight to my target.
It was a missed opportunity, but a lesson learned!
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  • #59,488
  • Jan 12, 2025 9:13pm Jan 12, 2025 9:13pm
Quoting pipHunter2
{quote} ____________ I will tell on you to my MaMa and she will take you over her Knees and let you have it LOL {image}
Nice way to avoid trading mistakes
  • #59,489
  • Edited 9:59pm Jan 12, 2025 9:26pm | Edited 9:59pm
Quoting Ravenfeeder
{quote} I laugh we start dropping in the Asian session. Doesn't look likely, but also... Trump administration takeover is a week away, and I wonder if it will start having an effect on the market this week. Treasuries and DXY is very high, and the data on Friday was nice and red. Maybe Friday's climb was speculation and sweeping, but let's see in Asia open.
Yeah all tanking already start overnight , gold too broken the real early top failure at 2682 and bounce so at first sight test short taken to see to get next signals and confirmation ! ! Take care
Real / final short short will start at test breaks confirmation 2664 and 55 and bounce towards 2683 if all ok. And total sl will be there just over 2694 till all done below 2655
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #59,490
  • Edited 9:54pm Jan 12, 2025 9:33pm | Edited 9:54pm
I’ve identified a new 1:2 buy setup on the 5-minute timeframe. Looking forward to seeing how this plays out—happy to hear your thoughts!

(if the price touches 2691 before activating it, I’ll cancel the setup)
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  • #59,491
  • Jan 12, 2025 10:36pm Jan 12, 2025 10:36pm
Respecting beautifully.
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  • #59,492
  • Jan 12, 2025 10:41pm Jan 12, 2025 10:41pm
A story of balls and a Puss
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More time in the market, does not mean you trade better!
  • #59,493
  • Jan 12, 2025 10:53pm Jan 12, 2025 10:53pm
Quoting Maria25
I’ve identified a new 1:2 buy setup on the 5-minute timeframe. Looking forward to seeing how this plays out—happy to hear your thoughts! (if the price touches 2691 before activating it, I’ll cancel the setup) {image}
I will cancel this setup
Because the price touched 2690.5 and I see it's a bit risky to keep it
  • #59,494
  • Jan 12, 2025 11:03pm Jan 12, 2025 11:03pm
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  • #59,495
  • Jan 12, 2025 11:14pm Jan 12, 2025 11:14pm
Though I'm not agree with going shorts (for now). I'm agree that this isn't a right time to go longs. At least wait for The London confirm the low and NY to make entry.
  • #59,496
  • Jan 12, 2025 11:16pm Jan 12, 2025 11:16pm
Quoting Fardeen1209
A story of balls and a Puss {image}
Lets delve into setup confirmation
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The setup rn is intact H1 and H4 upward structure. Therefore the trade is an Order Flow shift (OFS) trade.
An OFS becomes validate only when the market reach and absorbed external range liquidity, while it retraces, many will tend to trade the Order Flow Re-alignment (OFRA) at the absorbed External range liquidity zone (also known are premium area of a swing), the probable result is either they stuck on the wrong side, miss the right side or be on the right side, the market goes in their way, but reward is limited, and only to find out the market are reversing later.


to be conitnud..
More time in the market, does not mean you trade better!
  • #59,497
  • Jan 12, 2025 11:19pm Jan 12, 2025 11:19pm
Quoting Maria25
I’ve identified a new 1:2 buy setup on the 5-minute timeframe. Looking forward to seeing how this plays out—happy to hear your thoughts! (if the price touches 2691 before activating it, I’ll cancel the setup) {image}
Hi Maria,
as price has just touch 2690.95 and reversed at minute 06 of last hour I suppose you have canceled the setup (I see you have canceled). Very high precision of your analysis when reading 2691 as target.

Although your setup could work, I would not get it because I think we are on a bearish market, on a higher time frame very important supply zone, and I currently read bearish clues, so having a strong bear bias I would be cautious about bull setups. That's not to say that price couldn't go testing 2700/2720 before move down.

Also, I would prefer to look for setups with higher reward.

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  • #59,498
  • Jan 12, 2025 11:58pm Jan 12, 2025 11:58pm
My view on Gold for this week
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Read the chart... Fundies are catalyst...
  • #59,499
  • Edited 12:40am Jan 13, 2025 12:18am | Edited 12:40am
A fully close above 2689.935 i will go bullish and do not have problem to be wrong, partials at 2697 anf final tp 2706,
if don't play out most likely we will target the low of the day to 2671 but then we see,

1H TF

EDIT: A fully close i mean 1H close above the wicks that reject that price.
  • #59,500
  • Jan 13, 2025 12:22am Jan 13, 2025 12:22am
When you take a gold trade and the price does this



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