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  • #76,501
  • May 15, 2025 3:28pm May 15, 2025 3:28pm
I like to pay attention to longer time frames. Looking to see if price closes above the 200 EMA on the H4 to determine a stronger run up.
  • #76,502
  • May 15, 2025 3:37pm May 15, 2025 3:37pm
Quoting Pozemstan
Koupit 3244 ... SL 3222 ... TP 3340 ...
I added to the position at 3189 and one position is now locked in the green SL and we are still holding on to the TP target ... We'll see what the Asian session brings ... good luck all
Nothing is impossible.
  • #76,503
  • May 15, 2025 3:51pm May 15, 2025 3:51pm
Quoting LoneTrader1
{quote} 3176 done. From current levels 3176 - 3167 possible attraction to 3326 Gap.
Today market did something like "it's not cheating if it's just the tip" The saying fits the market as market is always right!
So yeah, Support is still intact it was just the wick
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  • #76,504
  • May 15, 2025 4:00pm May 15, 2025 4:00pm
So.. recap

Tokyo open around 3191
drop to 3120 before London Open.

and from there straight to 3240.


drop 71$
Fly back 120$ without corrections.

Insane.
  • #76,505
  • May 15, 2025 4:24pm May 15, 2025 4:24pm
Quoting MoneyPrinte
{quote} {image}
nce rejection,nice reaction
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https://x.com/moneyprinte
  • #76,506
  • May 15, 2025 4:31pm May 15, 2025 4:31pm
Good Morning Australia.aaaaaaaaaaaaaa

In case you wonder why I'm skeptical, this is what I find most days, by starting to read the posts during the 8 hours I was sleeping.

Posts like this and everything after it, does anyone find this phenomenon?

That is why this forum can be the best predicator of where price is really going.
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Shorts mean down doesn't it?

Early to the party, let's get this short TODAY
It takes a lot for me to IGNORE you, but you can try.
  • #76,507
  • May 15, 2025 4:31pm May 15, 2025 4:31pm
Quoting Whale
So.. recap Tokyo open around 3191 drop to 3120 before London Open. and from there straight to 3240. drop 71$ Fly back 120$ without corrections. Insane.
to be honest not expected at all, i was expecting 3232 and had a sell limit there, but to see pa is about to close the day with a fat big bullish candle, i closed it with loss at 3239.5.
I have few scenarios now, the maximum is pa closing the gap and reversing sharply. If weekly candle closes with strong bullish candle then i will seriously re-consider my bearish bias.
Anyway im not planning to trade gold tomorrow
  • #76,508
  • May 15, 2025 4:37pm May 15, 2025 4:37pm
Quoting Whale
So.. recap Tokyo open around 3191 drop to 3120 before London Open. and from there straight to 3240. drop 71$ Fly back 120$ without corrections. Insane.
Looks like an Initial Balance of the early sessions, USA traders going to do what they do.

Dollar Index just stagnate, so anything with USD will be pushed around.
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It takes a lot for me to IGNORE you, but you can try.
  • #76,509
  • May 15, 2025 4:53pm May 15, 2025 4:53pm
Quoting Repinsxf
my indicator says: In M30/H1 timeframe, it is overbougt at 3190+ but in D1 or W1, it is oversold it's very risky to sell because it is looks like the end of bear trend
still overbought in M30/H1 timeframe but it is not as much oversold as few hours ago in D1 timeframe.

In next few hours, there could be some small corrections, ranging from 3200-3280
  • #76,510
  • May 15, 2025 4:57pm May 15, 2025 4:57pm
Quoting Phox
{quote} sorry for asking this. am not a trader but do you recommend short today,
Since you just joined FF in March, asking questions like this, I can only assume that you are new to trading?

No one here is qualified to give financial or trading advice, but here are my tips:

1. Learn to trade first, Gold is not for noobs.

2. Trade what you see on your chart, it's not a matter of forecasting for the day.

3. Anything can happen, the market is always right.

Good Luck
It takes a lot for me to IGNORE you, but you can try.
  • #76,511
  • May 15, 2025 5:00pm May 15, 2025 5:00pm
Quoting Repinsxf
{quote} still overbought in M30/H1 timeframe but it is not as much oversold as few hours ago in D1 timeframe. In next few hours, there could be some small corrections, ranging from 3200-3280
Can you explain "overbought" and "oversold" - how you recognize that?

Where did you learn this concept? And how to predict with accuracy those levels?

Please share.
It takes a lot for me to IGNORE you, but you can try.
  • #76,512
  • May 15, 2025 5:11pm May 15, 2025 5:11pm
Quoting MrGoldie
Gartley pattern? Bullish reversal signal 3164-3051 3136-20 bounce possible
I missed this gartley pattern
3277-3360 bullish reversal targets
3332 WPP untouched
Be prepared for the Global Panic
  • #76,513
  • May 15, 2025 6:12pm May 15, 2025 6:12pm
Looking for a correction to join Long team today. Wishing everyone a fully day
  • #76,514
  • May 15, 2025 6:12pm May 15, 2025 6:12pm
Quoting Erebus
Good Morning Australia.aaaaaaaaaaaaaa In case you wonder why I'm skeptical, this is what I find most days, by starting to read the posts during the 8 hours I was sleeping. Posts like this and everything after it, does anyone find this phenomenon? That is why this forum can be the best predicator of where price is really going. {image} Shorts mean down doesn't it? Early to the party, let's get this short TODAY
Hello from Brissy
  • #76,515
  • May 15, 2025 7:08pm May 15, 2025 7:08pm
Quoting Fadhl
{quote} Triggered!
Stopped!
  • #76,516
  • May 15, 2025 7:20pm May 15, 2025 7:20pm
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  • #76,517
  • May 15, 2025 7:20pm May 15, 2025 7:20pm
Quoting Erebus
{quote} Can you explain "overbought" and "oversold" - how you recognize that? Where did you learn this concept? And how to predict with accuracy those levels? Please share.
Im just testing some indicators to see their accuracy and precision, sometimes it gives very mixed signal suggesting short for intraday trading but also saying it is going to be a bull trend (like yestoday). so I interprete it as temporary overbought in the bull trend, so i could just wait for the pull back then long.
the result sometimes is very confusing and can be easily wrong, still needs optimisations.
  • #76,518
  • May 15, 2025 7:25pm May 15, 2025 7:25pm
Big sell volume coming in
Telegram orderflowbuddy
  • #76,519
  • May 15, 2025 7:28pm May 15, 2025 7:28pm
Quoting Erebus
{quote} Can you explain "overbought" and "oversold" - how you recognize that? Where did you learn this concept? And how to predict with accuracy those levels? Please share.
yeah - totally meaningless .. something is at a higher price because the market wants it there .. opposite if it’s in the toilet .. focus more on trade levels or patterns for more consistent results rather than lagging indicators.

the folks that created these indicators are the very people who want you to lose as much money as possible because they work for the brokers hahaha
  • #76,520
  • May 15, 2025 7:28pm May 15, 2025 7:28pm
good morning for a new journey
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