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  • #78,701
  • Jun 8, 2025 9:48am Jun 8, 2025 9:48am
Whatever the market brings right?
Quoting domprofits
hopefully we get some bearish pressure this next week
i know.. but just think about it… think again.
  • #78,702
  • Jun 8, 2025 3:28pm Jun 8, 2025 3:28pm
This is what I'm looking at for the start of the week.

Around the 3345 area i'm thinking the market rolls over for a decent drop. will be taking put options at this level
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  • #78,703
  • Edited 4:10pm Jun 8, 2025 3:45pm | Edited 4:10pm
Quoting Erebus
{quote} Where is the post with the "SELL"? Last, I find is to "BUY" at https://www.forexfactory.com/thread/...2#post15269252 And you never bother to report a STOP LOSS, only the "TP" - why is that? And you fool people to "PAY" = WOW How can trust you, can't even get your username correct? signla or signal ??? {image} Stick with free Pip Sniper, thanks
Everyone is putting in effort here, Erebus, but maybe there’s too much style like verbalism or logorrhea, while just showing the demo account has been difficult for 4 months. Don’t expect too much—I’ve been on this FF for 16 years, and only a few have managed to convince me with a simple FF TE explorer on a high quality broker.

Lol Greeting Always

Quoting Asylum1
This is what I'm looking at for the start of the week. Around the 3345 area i'm thinking the market rolls over for a decent drop. will be taking put options at this level {image}
The market opens in an hour, and I also think there’s a tendency for the price to return to the moving average. If a retrace happens, it usually around 150 pips on Gold. I’m just observing the opening session and the Asian session.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,704
  • Jun 8, 2025 4:27pm Jun 8, 2025 4:27pm
Quoting RoelsMajor
The market opens in an hour, and I also think there’s a tendency for the price to return to the moving average. If a retrace happens,...
Looks like a possibility as volume reduced alot & price was still going down (although it was friday)

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You can lead a horse to water, but you can't make it drink
  • #78,705
  • Jun 8, 2025 4:35pm Jun 8, 2025 4:35pm
Quoting xkwisit2001
{quote} Looks like a possibility as volume reduced alot & price was still going down (although it was friday) {image}
I use the PVSRA volume indicator here solely to detect high trading activity — it's simply impossible to measure the total volume across the entire Forex market. As for liquidity, my understanding might differ from that of many fellow traders: when price moves quickly, liquidity increases — it's not based on price levels. Liquidity is based on the amount of money spent within a certain period, which can be either long or short in time.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,706
  • Jun 8, 2025 4:39pm Jun 8, 2025 4:39pm
Quoting xkwisit2001
{quote} Looks like a possibility as volume reduced alot & price was still going down (although it was friday) {image}
yes I expect a bounce, but lets see.
M15
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Its all just one persons opinion
  • #78,707
  • Jun 8, 2025 4:48pm Jun 8, 2025 4:48pm
I hope it will continue towards 3295 and bounce there... but u never know what asians do
  • #78,708
  • Jun 8, 2025 5:02pm Jun 8, 2025 5:02pm
And here we go for this week. There is no Initial Balance Phase on Gold/USD.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,709
  • Jun 8, 2025 5:26pm Jun 8, 2025 5:26pm
Upcoming Weekly Analysis!
FA Analysis:
1- Worldwide macro economic data started coughing from tariffs and all or most recent data converge toward worldwide recession.
2- Trump continues with flip-flop strategy maintaining uncertainty.
3- FED hands are tied between expected higher inflation and higher unemployment.

From now on, Bad data is good for Gold and good data is bad for Gold.

TA Analysis:
Weekly TF:
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The weekly close was irrelevant but somewhat bearish.
No clear direction from this TF. 3435-3120 is the range to be broken either way for clear direction.
Daily TF:
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Friday daily close was bearish. A continuation down is expected.
Hourly FT:
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Price may retest the last resistance and resume the down movement.
GL Everyone!
  • #78,710
  • Jun 8, 2025 5:27pm Jun 8, 2025 5:27pm
Quoting axecap
{quote} yes I expect a bounce, but lets see. M15{image}
Bounce seems to be happening but we'll see

Quoting RoelsMajor
And here we go for this week. There is no Initial Balance Phase on Gold/USD. {image}
Try initial balance on london open - sets the whole day up much better than NY open
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You can lead a horse to water, but you can't make it drink
  • #78,711
  • Jun 8, 2025 5:48pm Jun 8, 2025 5:48pm
Quoting xkwisit2001
{quote} Bounce seems to be happening but we'll see {quote} Try initial balance on london open - sets the whole day up much better than NY open {image}
My system is indeed designed to trade after the London Open, but when we talk about the definition of Initial Balance https://www.forexfactory.com/thread/...4#post15184574, for example in currency trading, it means the range during the first one hour since the market opens for the new day, when the market is still adjusting to relatively high spread fluctuations. However, in Gold/USD this doesn’t happen because the spread remains steady as offered by the broker from the market opening. If it’s after the London Open, it’s not called the initial balance, but rather the range formed from the market open until the London Open. Or could you be more specific about what you mean? Range Breakout maybe?
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,712
  • Jun 8, 2025 6:17pm Jun 8, 2025 6:17pm
What happen in the market today?
Silver Price Draws New All-Time High Throughout 2025
https://www.forexfactory.com/thread/...8#post15270328
Today, there is no important news scheduled in the economic calendar at Forexfactory; bank holidays in Australia, Switzerland, France, and Germany may affect the volume of transactions in the spot forex market.

A quick read before losing your accounts.
It takes a lot for me to IGNORE you, but you can try.
  • #78,713
  • Edited 8:08pm Jun 8, 2025 6:33pm | Edited 8:08pm
Quoting Erebus
What happen in the market today? Silver Price Draws New All-Time High Throughout 2025 https://www.forexfactory.com/thread/...8#post15270328 Today, there is no important news scheduled in the economic calendar at Forexfactory; bank holidays in Australia, Switzerland, France, and Germany may affect the volume of transactions in the spot forex market. A quick read before losing your accounts.
As long as the salaries of state slaves and corporate slaves are not paid in Bitcoin or Gold or Silver, these three will never function as proper money or a stable numeraire. In the early 1970s, the Hunt brothers and their associates manipulated the price of silver all the way to the stratosphere (lasting about 3 years), then dumped it over the next 7 years down to the bottom, even falling far below again. Meanwhile, prices in the traditional markets did not immediately follow the electronic market prices; there were many delays. (History - ) https://arxiv.org/abs/2106.14204
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,714
  • Jun 8, 2025 6:47pm Jun 8, 2025 6:47pm
Quoting RoelsMajor
{quote} My system is indeed designed to trade after the London Open, but when we talk about the definition of Initial Balance https://www.forexfactory.com/thread/...4#post15184574, for example in currency trading, it means the range during the first one hour since the market opens for the new day, when the market is still adjusting to relatively high spread fluctuations. However, in Gold/USD this doesn’t happen because the spread remains steady as offered by the broker from the market opening. If it’s after the London Open, it’s...
I like to focus on the first hour of any market opening. London open is true market open and it happens to be in my timezone so that is what I've traded for the last few years and I find the levels set after continue into NY onwards. This is what I love about trading though, we can all have our own way to maneuvre the market.

I know O.G initial balance is supposed to be 9.30 NY but yeah, as long as it works thats all that matters. Love that you use volume though... wonder what the percentage is of people that don't ha.

Have a good evening bud!

Dre
You can lead a horse to water, but you can't make it drink
  • #78,715
  • Jun 8, 2025 8:02pm Jun 8, 2025 8:02pm
Quoting xkwisit2001
{quote} I like to focus on the first hour of any market opening. London open is true market open and it happens to be in my timezone so that is what I've traded for the last few years and I find the levels set after continue into NY onwards. This is what I love about trading though, we can all have our own way to maneuvre the market. I know O.G initial balance is supposed to be 9.30 NY but yeah, as long as it works thats all that matters. Love that you use volume though... wonder what the percentage is of people that don't ha. Have a good evening...
London session overlap is the reason for maximum liquidity during this session
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  • #78,716
  • Jun 8, 2025 8:15pm Jun 8, 2025 8:15pm
On big timeframe this is how i am looking at gold. Looks like we are starting Wave C and are in very initial stages. Would focus on shorts for now than going long.
this is my view only and i can be wrong. I would really like experience members to comment so i could learn and improve myself.
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  • #78,717
  • Jun 8, 2025 8:32pm Jun 8, 2025 8:32pm
Quoting Pip.Sniper
{quote} that is good point what is this life, 10 hours trading like crZY. THE PRESSURE the stress the fear. i dont call that life.
Update: where is my guy?
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It takes a lot for me to IGNORE you, but you can try.
  • #78,718
  • Edited 9:15pm Jun 8, 2025 8:45pm | Edited 9:15pm
Quoting Erebus
{quote} Update: where is my guy? {image}
He’s been trading for more than 3x24 hours = 72 hours / 10 hours = 7.2 times the rate he planned. I think being 7.2x over makes him 7.2x crazier. Sorry, but this is just too LOL.

Quoting xkwisit2001
{quote} ... wonder what the percentage is of people that don't ha. Have a good evening bud! Dre
The percentage metric, if we knew it, is one piece of knowledge that could serve as an antidote to the poison. Unfortunately, we don't know it for sure. Lol
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #78,719
  • Jun 8, 2025 9:10pm Jun 8, 2025 9:10pm
Now at weekly/ daily support zone..see how it react
Telegram orderflowbuddy
  • #78,720
  • Jun 8, 2025 9:13pm Jun 8, 2025 9:13pm
Daily support at 3289 ...I am watching price action at this level
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