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  • #77,501
  • May 26, 2025 12:46am May 26, 2025 12:46am
Good morning, Guys have a nice day to all may the best player wins in this weekend
to be honest i am not on the buy side until Gold Touch 3245 area at least so will wait and just watch
  • #77,502
  • May 26, 2025 1:13am May 26, 2025 1:13am
Is Price Action Really All We Need? A Realization MOMENT

For the longest time, I used to believe and even preach that price action was everything.
I bought into the idea that it was the purest, most noise-free, leading tool out there. No indicators. No confusion. Just raw market structure. I believed that was the real traders way.
And honestly, it served me well to a point.

But one day, something shifted.
I began to realize that this belief, like most things in trading, isnt universally true it depends on your personality, your perspective, and your process. What works for one trader might completely mislead another.

Then I started studying professional traders, fund managers, and institutional approaches... and I noticed something eye-opening:
They do use indicators but not like most retail traders do.
Where most of us use indicators as entry signals, the pros use them as context builders tools for bias, confluence, and confirmation.

They arent relying on indicator xxxx to tell them when to enter — they’re using things like
COT reports to understand positioning
Open Interest to gauge participation
Bond yields as a macro compass
Market Cycle, Seasonality and etc...

Some even build custom tools like a stochastic-style model based on economic history
All of it is data-driven, all of it supports their thesis, but in the end…
The final trigger is still price action. That never changed.

And that got me thinking
Am I missing something?
Have I really completed the puzzle of my system?
Or am I still clinging to a belief that might be limiting my growth?

The deeper I go, the more I realize
Trading isnt about following a rulebook .... its about designing one that fits your mind.

Have you ever had this realization?
Have you ever looked back and asked yourself if you’re truly using the tools the way they were meant to be used?
Share your aha moment/realization
https://x.com/moneyprinte
  • #77,503
  • May 26, 2025 1:35am May 26, 2025 1:35am
Quoting goldsimp
It could be testing this 3350 area. a potential minor sell-off could happen. or break buy above it. just gonna go chill with my soda for the mean time.
there u go. easy 10 dollar move.
  • #77,504
  • May 26, 2025 1:45am May 26, 2025 1:45am
Quoting MoneyPrinte
Is Price Action Really All We Need? A Realization MOMENT For the longest time, I used to believe and even preach that price action was everything. I bought into the idea that it was the purest, most noise-free, leading tool out there. No indicators. No confusion. Just raw market structure. I believed that was the real traders way. And honestly, it served me well to a point. But one day, something shifted. I began to realize that this belief, like most things in trading, isnt universally true it depends on your personality, your perspective, and...
Ai man..

1) buyers push price up and sellers push price down
2) high reward to risk per trade.

But read your cot reports and balance of payments
  • #77,505
  • May 26, 2025 1:53am May 26, 2025 1:53am
Gold is currently trading around $3,341 on the 4H timeframe, showing signs of consolidation after a strong bullish rally from the $3,140 support area earlier this month. The price recently reached a high near $3,360, which is now acting as a local resistance, and the recent candles show hesitation, suggesting either profit-taking or a pause in bullish momentum. Despite this, the overall trend remains bullish, with price consistently forming higher highs and higher lows since the rebound on May 15th.

If gold manages to break and hold above $3,360, it could push toward the next key resistance at $3,380, a level that coincides with the previous major swing high. On the downside, immediate support lies between $3,310 and $3,300, which was the last consolidation area before the breakout. If that zone fails to hold, deeper retracement toward $3,260 becomes likely.

The RSI (14) is currently at 61.12, with its moving average around 61.50. While still in bullish territory, the RSI is beginning to slope downward, signaling that momentum is starting to fade, although not yet reversing. In summary, gold remains in a favorable uptrend, but buyers need to reclaim $3,360 with conviction to maintain control. Failure to do so may trigger a pullback toward key support levels before the next leg higher.
  • #77,506
  • May 26, 2025 1:55am May 26, 2025 1:55am
Quoting Mosese
{quote} Ai man.. 1) buyers push price up and sellers push price down 2) high reward to risk per trade. But read your cot reports and balance of payments
Thanks man.. I agree with the basics..buyers and sellers move price, and RRR is key
https://x.com/moneyprinte
  • #77,507
  • May 26, 2025 2:06am May 26, 2025 2:06am
Quoting goldsimp
It could be testing this 3350 area. a potential minor sell-off could happen. or break buy above it. just gonna go chill with my soda for the mean time.
We might be testing the waters again at 3330 or lower. gonna see if there's any bullish move there.

or maybe, break to the downside. Keeping my eyes on my goldie.
  • #77,508
  • May 26, 2025 2:08am May 26, 2025 2:08am
Here We Go
Fire ▄︻デ══━一
Range 2
Short Gold/USD
Risk 1 unit 0.5%, 267 pips
TP 1R
BE+ after 33% Gain
Attached Image (click to enlarge)
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #77,509
  • May 26, 2025 2:40am May 26, 2025 2:40am
Full sell until the 3325-3320 area and end the day,nothing more to happen today
  • #77,510
  • May 26, 2025 2:49am May 26, 2025 2:49am
Quoting RoelsMajor
Here We Go Fire ▄︻デ══━一 Range 2 Short Gold/USD Risk 1 unit 0.5%, 267 pips TP 1R BE+ after 33% Gain {image}
Add 1 unit 0.5%
Attached Image (click to enlarge)
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #77,511
  • May 26, 2025 3:01am May 26, 2025 3:01am
Quoting RoelsMajor
{quote} Add 1 unit 0.5% {image}
Do you always pick the turn so accurately?
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It takes a lot for me to IGNORE you, but you can try.
  • #77,512
  • May 26, 2025 3:22am May 26, 2025 3:22am
Quoting Erebus
{quote} Do you always pick the turn so accurately? {image}
Lol, no, this was just luck — the price might have reversed there while trying to break through support. Sometimes the price retraces back to the EMA if you buy/sell too far from it. It could have gone wrong too, because I thought I had caught a fast downward momentum. I should have sold higher, below the EMA, but since the London Open hadn’t arrived yet and sometimes the price can still retrace upwards, I waited.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #77,513
  • May 26, 2025 3:32am May 26, 2025 3:32am
great RR
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  • #77,514
  • May 26, 2025 3:45am May 26, 2025 3:45am
Quoting RoelsMajor
{quote} Lol, no, this was just luck — the price might have reversed there while trying to break through support. Sometimes the price retraces back to the EMA if you buy/sell too far from it. It could have gone wrong too, because I thought I had caught a fast downward momentum. I should have sold higher, below the EMA, but since the London Open hadn’t arrived yet and sometimes the price can still retrace upwards, I waited.
WooHoo, going down now, maybe...
It takes a lot for me to IGNORE you, but you can try.
  • #77,515
  • May 26, 2025 3:47am May 26, 2025 3:47am
Quoting Whale
great RR {image}
your Right Bro Great RR... But you Can,t Know About Gold Trapping Style
  • #77,516
  • May 26, 2025 3:49am May 26, 2025 3:49am
What was that spike
  • #77,517
  • May 26, 2025 3:57am May 26, 2025 3:57am
Possible sell —- if price drives down and breaks through 3331.91 with a candle closing below that would be a confirmed sell to 3325.73…

Possible buy —- if price drives back up after the first scenario and break the current lower high on the 30mins that's a buy confirmation to 3344.11


Good luck to me.
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i know.. but just think about it… think again.
  • #77,518
  • May 26, 2025 4:03am May 26, 2025 4:03am
Quoting Erebus
{quote} WooHoo, going down now, maybe...
Bottom range 2 has moved lower, and the range is still 257 pips. There's a chance for a further big drop, but it's currently facing a hard support—price is stagnant there. If it doesn’t move either, we’ll just close it and look for another opportunity. Lol
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #77,519
  • May 26, 2025 4:11am May 26, 2025 4:11am
Quoting RoelsMajor
{quote} Bottom range 2 has moved lower, and the range is still 257 pips. There's a chance for a further big drop, but it's currently facing a hard support—price is stagnant there. If it doesn’t move either, we’ll just close it and look for another opportunity. Lol
It's bank holiday, I wasn't going to trade, put the stops, get back to eating snacks, and watching this show
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It takes a lot for me to IGNORE you, but you can try.
  • #77,520
  • May 26, 2025 4:48am May 26, 2025 4:48am
Quoting Erebus
{quote} It's bank holiday, I wasn't going to trade, put the stops, get back to eating snacks, and watching this show {image}
My method uses BE+, and it’s already been activated — risk-free now. The bottom of range 2 should be lower, even though the move down is kind of slow… what’s the term? Grinding lower? Range 2 is only at 267 pips so far. That’s usually the pattern — on EURUSD, also GBPUSD, and EURAUD most often. I’m still not sure if TP got hit. Patience and discipline, Lel
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fooled by randomness in art
Meditation All Time Return: 8.9%
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