Success is not final, failure is not fatal... - Winston Churchill
I am back fellows, not been here with trades for some time.. took long yesterday from 2883 and still floating with good profit. there is strong resistance at 2930, price is consolidating around. looking if any h1 closed above 2930 will make it continue long and probably will make new all time high. otherwise will close it with some profit @2905.
my suggestion: look for PA @2925-2930, for long wait for h1 close above 2930
my suggestion: look for PA @2925-2930, for long wait for h1 close above 2930
P.S. Trade with the discipline of Money Management and Risk Management.
- #67,483
- Edited 4:10am Mar 12, 2025 1:46am | Edited 4:10am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
February’s CPI expected at 0.3%, with annual inflation at 2.9% and core at 3.2%, slightly lower than January. While easing, it's still above the Fed’s 2% target, likely keeping rates on hold. Factors like used car prices, seasonal effects, and airfare costs are keeping inflation elevated. Trump’s tariffs may add to price pressures, but the Fed sees them as temporary. Markets anticipate potential rate cuts later this year if inflation trends lower.
Gold Outlook
Current: Trading range-bound between $2,880 support and $2,930 resistance ahead of U.S. inflation data. Safe-haven demand supports prices, but rate and geopolitical risks persist.
Key Levels: 
Gold Outlook
Current: Trading range-bound between $2,880 support and $2,930 resistance ahead of U.S. inflation data. Safe-haven demand supports prices, but rate and geopolitical risks persist.
Key Levels:
- Resistance: $2,922 / $2,930
- Support: $2,900 / $2,880
Strategy:
Buy above $2,880, with stops below. A breakout above $2,930 may drive further gains, while failure to hold $2,880 could signal downside pressure.
- #67,485
- Mar 12, 2025 3:33am Mar 12, 2025 3:33am
{quote} Dear , Saal’s strategy most of the time works . He gives signals with 1:10 RR most of the time. Most of the time he is in the right direction. Don’t over trade please .
You bought gold at price 2912
Stop loss 2905
Difference between SL and entry price = 70 pips
Now Saal highest take profit is @2960
The difference between entry 2912 and 2960 take profit = 480 pips
480 pips divided by 70 pips SL =
How is this 1:10 RRR that you claimed for him? Do you know how many Breakeven you will hit before 1:2 is achieved?
You're just deceiving yourself defending a signal that keeps failing 70% of the time
- #67,486
- Mar 12, 2025 4:17am Mar 12, 2025 4:17am
- Joined Jul 2023 | Status: Trader | 1,484 Posts
{quote} Stop the blazing ignorance You bought gold at price 2912 Stop loss 2905 Difference between SL and entry price = 70 pips Now Saal highest take profit is @2960 The difference between entry 2912 and 2960 take profit = 480 pips 480 pips divided by 70 pips SL = How is this 1:10 RRR that you claimed for him? Do you know how many Breakeven you will hit before 1:2 is achieved? You're just deceiving yourself defending a signal that keeps failing 70% of the time
Sit down let me tell you something,
Forex is a zero sum game, brokers aren't paying you out of the goodness of their heart, they take money from someone else;s stops to pay your TPs that's how the game is - that's why liquidity sweeps are the game - coz limit orders,stops,tp's they're all triggered here. Volume is crucial for this exact same reason coz volume moves price towards liquidity.
The thing about Saal is it's his choice to share signals, it's also your choice to take them or not. You chose to take them if it had gone your way would you have given Saal a piece of the cake? No. You probably wouldn't even be on here complaining like this because you lost here you are - no one has time to offer you sympathy or give you free handouts. The world is tough as it is already, everyone on here are here with the same intention - to make money, to find a way out of the maze. If you can't handle it, walk away, no shame in admitting that 1000s of businesses fail everyday, 1000s of entrepreneurs fail everyday before they find the right formula - its the same thing here. It's the way of the world.
Any fx trader worth their salt or maturity has gone down the signal route and later realized they should be in control of their losses/wins and carved their way out of losses. If you want to make it in this game, take the losses, put in the hard work - give yourself a set of rules find a winning setup keep refining it and stick to it like your life depends on it (coz it kinda does) for the love of god stop crying like a baby lol $2k is nothing in comparison to what people loose I have peers who have daily loss limits of 2k, 2k is also nothing in comparison to what you can make here. You see people here not taking setups the last few days, you see people stopping for the day after they've hit a stop. What's stopping them from going in again and again? Mentality. Discipline, and sticking to your rules like a grown up lol.
You'd rather blame Saal for his bad signals than take responsibility for putting your money at risk trusting someone else blindly lol, you keep attacking Saal but you do realize he gets nothing from sharing his signals with you? He probably takes the same losses you do (assuming he trades the signals he gives out)
I'm sure there are people on here who would help you if you really wanted to learn instead of just complaining the whole time. Either lock in and put the work in or walk out, stop complaining its an eyesore.
!!!
10$ {quote} Stop the blazing ignorance You bought gold at price 2912 Stop loss 2905 Difference between SL and entry price = 70 pips Now Saal highest take profit is @2960 The difference between entry 2912 and 2960 take profit = 480 pips 480 pips divided by 70 pips SL = How is this 1:10 RRR that you claimed for him? Do you know how many Breakeven you will hit before 1:2 is achieved? You're just deceiving yourself defending a signal that keeps failing 70% of the time
tp2 2910 - 2930 = RR 1:4
tp3 2910 - 2940 = RR 1:6
tp4 2910 - 2950 = RR 1:10
tp5 2910 - 2960 = RR 1:12.5
Success is not final, failure is not fatal... - Winston Churchill
- #67,492
- Mar 12, 2025 4:41am Mar 12, 2025 4:41am
- Joined Jan 2025 | Status: Trader | 1,661 Posts
https://x.com/moneyprinte
- #67,496
- Mar 12, 2025 4:55am Mar 12, 2025 4:55am
- Joined Jan 2016 | Status: Trader | 1,005 Posts
what's just happened with that spike ? hit stop to trigger a sell off?
Rejecting yesterdays high with highest volume today.
I might be wrong , I have been wrong before
- #67,499
- Mar 12, 2025 5:42am Mar 12, 2025 5:42am
- Joined Jun 2013 | Status: enjoying life | 23,842 Posts
- #67,500
- Mar 12, 2025 5:49am Mar 12, 2025 5:49am
- Joined Jun 2020 | Status: NY flip project. Probability games | 3,521 Posts
{quote} No certainties, but the probability is there. No wonder how it felt, just be patient. Targeting Old High. Hopefully, it's going well. IMO{image}
IMO
Look right, we'll see the signs