Gold

Sold gold 2725.69
Tp 2700
Sl 2741

with all due respect if you actually studied the market you will have learned that Trading is all about phycology,
for my channel i am in process of making video which will clearly explain how Phycology plays crucial role in trading,
trust me i have done all the mistakes you can think of.
anyways hopefully my video's will clear things up.
specially about leverage,
there is a lot of misconceptions about leverage, in trading how to actually calculate leverage and use it to your advantage,
now a days its all about pips, many traders i have found over the years,
they think of risk management is about trade lot size and stop loss.
but hopefully next month march video's will be ready i had to hire a graphic desinger and video editor so everthing can be explained as i want it.
and it takes time and one thing trading taught me is Patient is your power.

i used 2:1 leverage for every trade for 4 years and 3K account into 91K
after with withdrawal 78K was still there,
no screen shot its a video recording from broker website of every single trade 6,600 trades were made in 4 years

i hope you guys will learn more about this market, then you think you know,
so many things traders might do differently if they understand my message in my video's
if not i have not lost anything, i tried that is good enough for me.
i am using video so i can explain with video's i will explain with studies from phycologists and neuro economists.
let me give you an example,


about the mid set of the trader,
before you enter the market you read a lot news articles and so called economists who post free articles
(in reality real economists from financial institutions, banks etc cost money, nothing is free and just check trading economics the price is 399$ per month.)

anyways back to the topic
if you read a lot and some times you dont even realize that you already have made decision to buy or sell GOLD or any currency pair,
and this bloody market is designed that way to confuse the retail traders,
anyways and not its all about technical, trust me Charting is a Double edge Sword,
you will see in the charts what you want to see,
if you want to buy you will find a reason no matter what maybe 5M 30M chart is showing up move etc,
and if you want to sell same thing happens but in different time frames,
the key is to balance you emotions,
we are humans emotions will always be there,
the thrill of winning a trader the stress of loosing a trade,
how you cope with that and move forward is the key,
i am just a student of this market from more then a decade it still amazes me sometimes how big boys play the game,
why do you think 90% retail traders loose,
i am no body but i observe i dont post much but i sometimes do,
if you are a trader, then, trust me i have learned a lot back in 2007 till 2010 from this website,
people who took the time and explained how the real market works,
few key advantages i had back in the day,
nothing is free, so i am in dubai was a Police officer comes with perks,
everyone wants ot be your friend,
that helped me a lot because most successful traders choose emirates and other tax heaven countries,
i have seen it, met with them,
as they say you are average of 5 people you spend most of your time with.
so i adopted their mind set.
how they think how they react ot the market move and when they restrain their selves and not even bother to open trading apps for days even weeks,
anyways.
good luck i hope that helps, if not you but others who actually want to learn and grow,
remember " No one knows every thing, i mean no one, but everyone knows something"

so i read and read still do it, books forums my own research this is evolving market guys
indicator doesn't know what the hell trump will say in his next tweet or how market will react to certain news.
so be careful.
Good luck.
i am out this week no GOLD trading for me,
its too risky between china trade war and the fact that china is the biggest import of GOLD
and the fact that trump's policies may tick up inflation and FED amy not cut the rates as soon as most epople think.
it will be tricky to trade GOLD,
when things are not clear i leave the pair for good even remove chart so i cannot see what is going on
that is my way of restraint my self from trading uncertain markets.
.
that was just my 2 cents.

Sell 2722 - 20

totally respected. Your psychology is the one applied to the market, good. I am referring to when they get into personal issues, accusing you according to your personality. if you are mature if you are not mature if you are bipolar if you are a child etcetera etcetera. This is very typical of people who want to offend. I wish you luck with your video.cheers.

Did you discuss details of your strategy on this forum?

No more sell ..it already break the resistance 2750 here we go

added more sells on 2726.50
Tp 2700

found a beautiful indicator which predicts gold price and direction by drawing beautiful candles on chart as soon as it finds it

Hey pal - I’m new to Dubai and casual retail trader on my learning journey. Great to grab a coffee if you’re about.

Does anyone scalp Gold and if so what’s the approach?

Im having mixed results (and being honest largely when I move my stop after it moving against me and letting trades run longer). So I’m working on that but wondered if this is a market that provides opportunities for scalping as a consistent approach?

Please note! Prices have been updated.
gold sell limit 2741
sl 2751
tp1 2731
tp2 2721
tp3 2711
tp4 2701
tp5 2691
tp6 2681

Wow this indicator works on phone also

can you tell us the name of the indicator and how to use it please ?

why is everyone selling right now ???
can anybody explain ( i am new to trading)

adding buy guy.. tp 2736…

It is because we are in a Major Supply zone [Blue Zone] too which price reacted very well past few time, and since the price has slowed at the very top of the supply zone very one is taking short positions to make the best if we see a sell of however there is no other confluence apart form RSI being oversold.
This Supply zone has been tested multiple time and there is a possibility that it has weakened and there is a possibilty that insead of a sell off we go upward straight away or after a retracement.

I would suggest you to wait for at least one market structure shift to get it sells, and I am also waiting for some confluences

thank you so much pal for the explanation

from October 11, 2024 i brought a 1000 usd demo account down to 78 usd using all sorts of indicators and strategies and finally leaned how to tackle gold effectively

add 2727