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  • #86,701
  • Aug 5, 2025 11:23pm Aug 5, 2025 11:23pm
Quoting Whale
No news today, 3345 is the target for today IMO.
planning to enter long @ 3371-4. what do you think.. not going to work ?
SURFER
  • #86,702
  • Aug 5, 2025 11:43pm Aug 5, 2025 11:43pm
Question?
Why you guys have this obsesssed with GOLD??
i want to understand that is the only reason i asked,
when i was learning we stic pairs like socks,
for eg:
if i see no movement or volatile move in gold, i close the chart move to toehr pair.
maybe because i am always looking at other currencies also,
we have 35 pairs,
i trade in 13 pairs.
which i understand it took me long time,
and one more thing,
GOLD is famous from past few years for its volatile and unpredictable moves,
right now honestly GOLD is very tricky.
its almost like betting to be honest.
fed vs Trump?
oh dear if you look at the history 1971 1990- 2008
President nixon specially
politics always wins that is fact
who knows the future, because i dont, i am just trading small lots because i like the moves it makes

if i were you i will try to learn about other pairs, just in case GOLD doesnt make sense some days,
for me atleast many days or weeks i dont trade gold.
just a thought.

but please do reply to my Question.
it will help me understand the new gen traders metality.
Thank you.
The Ones who make it, are the the ones who Manage RISK
  • #86,703
  • Aug 5, 2025 11:52pm Aug 5, 2025 11:52pm
Quoting Pip.Sniper
Question? Why you guys have this obsesssed with GOLD?? i want to understand that is the only reason i asked, when i was learning we stic pairs like socks, for eg: if i see no movement or volatile move in gold, i close the chart move to toehr pair. maybe because i am always looking at other currencies also, we have 35 pairs, i trade in 13 pairs. which i understand it took me long time, and one more thing, GOLD is famous from past few years for its volatile and unpredictable moves, right now honestly GOLD is very tricky. its almost like betting to...
one pair at a time, always the best bro.. some chose this market due to how volatile it is and maybe they have high risk tolerance.
  • #86,704
  • Aug 5, 2025 11:59pm Aug 5, 2025 11:59pm
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Success is not final, failure is not fatal... - Winston Churchill
  • #86,705
  • Aug 6, 2025 12:05am Aug 6, 2025 12:05am
Quoting Fourrex
{quote} Open one new small position today. Im pretty sure the screenshot that I always post inspire people to trade with small lots and hold their trades a little bit longer. Just to spice things up a bit here is my overall progress also in Gold (so far). {image} {image} {image}
Still holding just one small trade. Not 20 not 50 trades just one. Not abusing the leverages as well to get quick bucks . Dont tell me Im the bad influence now. IYKYK.
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786. The chart speaks with chaos — I answer with calm
  • #86,706
  • Aug 6, 2025 12:17am Aug 6, 2025 12:17am
Quoting nave02051986
Sell Gold 3391 at wick sl 3398.70 tp 3365 best of luck
Alhamdulilah
  • #86,707
  • Aug 6, 2025 12:19am Aug 6, 2025 12:19am
Entered a short at 3372 with 0.25 lots looking to get 5-6 pts.
  • #86,708
  • Aug 6, 2025 12:27am Aug 6, 2025 12:27am
Quoting Whale
No news today, 3345 is the target for today IMO.
we will se a strong wick today that will be almost 30 to 35 dollars down side be careful buyers the game is just begun probably see 3240 this Friday
  • #86,709
  • Aug 6, 2025 12:31am Aug 6, 2025 12:31am
Quoting Pip.Sniper
Question? Why you guys have this obsesssed with GOLD?? i want to understand that is the only reason i asked, when i was learning we stic pairs like socks, for eg: if i see no movement or volatile move in gold, i close the chart move to toehr pair. maybe because i am always looking at other currencies also, we have 35 pairs, i trade in 13 pairs. which i understand it took me long time, and one more thing, GOLD is famous from past few years for its volatile and unpredictable moves, right now honestly GOLD is very tricky. its almost like betting to...
Hello, I am a young trader and I will try to answer your question. It has been 1 year since I entered Forex, I have learned various strategies and tested them in the market. As you said, I also trade only in gold because gold is very volatile. I have only seen how the market worked in the old days in testers. I think that since I entered trading, the market has been very tricky, so I have had a lot of problems with my psychology and it has become very difficult for me to work on different pairs, so I decided to work on only one pair. I am also engaged in algotrading, I mainly write robots for gold and test a lot, so I have adapted to this pair.
xau
  • #86,710
  • Aug 6, 2025 12:32am Aug 6, 2025 12:32am
Quoting Fourrex
{quote} Still holding just one small trade. Not 20 not 50 trades just one. Not abusing the leverages as well to get quick bucks . Dont tell me Im the bad influence now. IYKYK. {image} {image}
thats why call you guru g.cool trader
  • #86,711
  • Aug 6, 2025 1:03am Aug 6, 2025 1:03am
Quoting Elliottway
{quote} planning to enter long @ 3371-4. what do you think.. not going to work ?
I'm already in aiming for 3460
  • #86,712
  • Aug 6, 2025 1:05am Aug 6, 2025 1:05am
Quoting Whale
No news today, 3345 is the target for today IMO.
Be more afraid of the days with no news! Its when the cowboys at the banks take the wheel
  • #86,713
  • Aug 6, 2025 1:11am Aug 6, 2025 1:11am
Quoting nave02051986
{quote} we will se a strong wick today that will be almost 30 to 35 dollars down side be careful buyers the game is just begun probably see 3240 this Friday
What is the driver for such a potential deep down move to 3240?
  • #86,714
  • Aug 6, 2025 1:15am Aug 6, 2025 1:15am
Quoting promonigho7
{quote} Be more afraid of the days with no news! Its when the cowboys at the banks take the wheel
I agree,monday was with no news and the price moved around 300 pips so....news is not the only thing that change the price,we still can witness some big moves,so about the direction I still think will go first up and maybe then down but i could be wrong also,i am looking for a buy setup,let's see
  • #86,715
  • Aug 6, 2025 1:28am Aug 6, 2025 1:28am
Quoting nave02051986
{quote} we will se a strong wick today that will be almost 30 to 35 dollars down side be careful buyers the game is just begun probably see 3240 this Friday
i tend to agree but still bumpy road and a lot of obstacles on the way like 3333 area
  • #86,716
  • Aug 6, 2025 1:29am Aug 6, 2025 1:29am
Quoting Fourrex
{quote} Still holding just one small trade. Not 20 not 50 trades just one. Not abusing the leverages as well to get quick bucks . Dont tell me Im the bad influence now. IYKYK. {image} {image}
i really impressed with your skills, well done.
  • #86,717
  • Aug 6, 2025 1:31am Aug 6, 2025 1:31am
Quoting przfx
{quote} What is the driver for such a potential deep down move to 3240?
Uncle Trump is the main and most Experience Driver hahhahahahhaha on wednesday he always speaks something strong lets see what will he brings today i.e Tariff??????????????????????????????
  • #86,718
  • Aug 6, 2025 1:33am Aug 6, 2025 1:33am
Quoting Whale
{quote} i tend to agree but still bumpy road and a lot of obstacles on the way like 3333 area
Jump down will be 3337 first pullback to 3348 or 49 area than again down will start the move will be slow steady after pullback but Technical shows that and will get some help from Tariff news till friday
  • #86,719
  • Aug 6, 2025 1:35am Aug 6, 2025 1:35am
Quoting nave02051986
{quote} Uncle Trump is the main and most Experience Driver hahhahahahhaha on wednesday he always speaks something strong lets see what will he brings today i.e Tariff??????????????????????????????
tariff does not matter, it just makes things costlier for his citizens

AND we earn 200% profit
  • #86,720
  • Edited 2:10am Aug 6, 2025 1:38am | Edited 2:10am
Quoting fontu
Checking gold situation , extension leg up may fail next time. Take care {image} {image}
Same 2nd leg extension to end before correction down 3349/ 39 . Now breakout level can be 3370 and bounce can be 3393 ! Anyway a spikes up before down now situation like other pairs and opposite usdx also , a medium shakeout likely in process today .take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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