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Gold with thedaytrader

  • #121
  • Aug 21, 2025 12:03am Aug 21, 2025 12:03am
Quoting PatienceFx
Like this reversal {image}
This one I did not catch... Not trying to catch every turn... just the ones that happen on 4 hr or 1 hr Fractals :-)
Trade Like a Casino, Not a Gambler
  • #122
  • Aug 21, 2025 12:09am Aug 21, 2025 12:09am
Quoting PatienceFx
So while I am looking at an indicator you have already captured a reversal and pocket it
Also I think indicators are not "Causal" in nature... they don't trigger anything... they are a ways of representing what the price is doing (infinite ways of interpreting that) at the moment (with respect to past price moves)... but they in no way tell you what is going to happen next...
Trade Like a Casino, Not a Gambler
  • #123
  • Aug 21, 2025 12:32am Aug 21, 2025 12:32am
Quoting thedaytrader
{quote} Here is the 4-Hr chart with all 5 Bounce Points for today, Red Lines are Sell and Green Lines are Buy... (One long point is a 1-Hr point, so the fractal is visible on 1-hr chart, rest are all 4-hr ones) {image}
This is exactly what I can't understand in your sys Please again: why those you selected but not these (nearest) for example?
Attached Image (click to enlarge)
Click to Enlarge Name: ssssssss.jpg Size: 78 KB
Just an opinion. Based on research
  • #124
  • Aug 21, 2025 12:40am Aug 21, 2025 12:40am
Quoting since80808
{quote} This is exactly what I can't understand in your sys Please again: why those you selected but not these (nearest) for example? {image}
While going up the sell bounce point is V (down fractal) and while going down the buy bounce point is the inverse (up fractal)

In your marking all are invalid (for this system)... first one from the left will be valid buy bounce point when the price is coming from top on that... Second and third would be valid short bounce points when price is coming from bottom of that...

Is that clearer now ?
Trade Like a Casino, Not a Gambler
  • #125
  • Aug 21, 2025 1:25am Aug 21, 2025 1:25am
The market never really acts the same, especially when unexpected news drops — and lately there’s been plenty of that. Feels like you just can’t predict what’s coming anymore.
  • #126
  • Aug 21, 2025 1:36am Aug 21, 2025 1:36am
Quoting thedaytrader
{quote} Here is the 4-Hr chart with all 5 Bounce Points for today, Red Lines are Sell and Green Lines are Buy... (One long point is a 1-Hr point, so the fractal is visible on 1-hr chart, rest are all 4-hr ones) {image}
Missed the first buy trade of the day at 3334.32 by the spread... lowest printed on my chart is 3334.31 and not in the trade
Trade Like a Casino, Not a Gambler
  • #127
  • Aug 21, 2025 1:51am Aug 21, 2025 1:51am
Quoting thedaytrader
{quote} Missed the first buy trade of the day at 3334.32 by the spread... lowest printed on my chart is 3334.31 and not in the trade
yes i saw that miss your entry for long, I did close a short there
Its all just one persons opinion
  • #128
  • Aug 21, 2025 1:53am Aug 21, 2025 1:53am
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Its all just one persons opinion
  • #129
  • Aug 21, 2025 1:56am Aug 21, 2025 1:56am
Quoting axecap
{image}
Great... what time frame chart is that ?
Trade Like a Casino, Not a Gambler
  • #130
  • Aug 21, 2025 1:56am Aug 21, 2025 1:56am
Quoting axecap
{quote} yes i saw that miss your entry for long, I did close a short there
It might be coming back ...
Trade Like a Casino, Not a Gambler
  • #131
  • Aug 21, 2025 1:59am Aug 21, 2025 1:59am
Quoting thedaytrader
{quote} It might be coming back ...
london open...lets see
Its all just one persons opinion
  • #132
  • Aug 21, 2025 2:57am Aug 21, 2025 2:57am
Quoting thedaytrader
Is that clearer now ?
Ideal! Thank you for such details.
Just an opinion. Based on research
  • #133
  • Aug 21, 2025 3:52am Aug 21, 2025 3:52am
Inserted Video
  • #134
  • Aug 21, 2025 4:06am Aug 21, 2025 4:06am
Quoting thedaytrader
{quote} Here is the 4-Hr chart with all 5 Bounce Points for today, Red Lines are Sell and Green Lines are Buy... (One long point is a 1-Hr point, so the fractal is visible on 1-hr chart, rest are all 4-hr ones) {image}
I am off for the Day and Week

Not trading tmrw as I will be out of network area... Will be back on Monday (25-Aug) morning... Do keep writing if you have any queries or comments on the thread, I will read and reply all on monday morning.

Also, I have all the 5 limit orders still there from the morning, one was missed just by a fraction of a point... I have my EA running... will also update today's results on monday...

Have a great day and weekend ahead
Trade Like a Casino, Not a Gambler
  • #135
  • Aug 21, 2025 5:43am Aug 21, 2025 5:43am
Quoting Bloodwish
https://youtu.be/d5kVknf0gBk
Target hit
  • #136
  • Aug 21, 2025 9:22am Aug 21, 2025 9:22am
Quoting thedaytrader
{quote} Well, if you are expecting/predicting a reversal soon (as you do, since I remember you were mentioning some financial news based things earlier)... these points would be good to have before hand... and if you are going without a SL in mind, then there is nothing like buying low and selling high... hahaha... I place my trades in the morning and just watch them play out (or not) in the day (which my EA does), its a fun activity
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  • #137
  • Aug 22, 2025 4:11am Aug 22, 2025 4:11am
Inserted Video
  • #138
  • Aug 22, 2025 10:08am Aug 22, 2025 10:08am
Quoting Bloodwish
https://youtu.be/uKgyf3fFvzA
Target hit
  • #139
  • Aug 22, 2025 1:03pm Aug 22, 2025 1:03pm
yall liking the world cup right??
  • #140
  • Aug 22, 2025 1:14pm Aug 22, 2025 1:14pm
Quoting notabdullah1
yall liking the world cup right??
Trump loves to f**k technicals
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