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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #57,781
  • Jun 17, 7:50am (8 hr ago) Jun 17, 7:50am (8 hr ago)
can someone explain why bullish dollar news is also bullish for gold???? This doesnt make any sense
  • #57,782
  • Jun 17, 7:52am (8 hr ago) Jun 17, 7:52am (8 hr ago)
Quoting Klostrading
can someone explain why bullish dollar news is also bullish for gold???? This doesnt make any sense
Possible a trap for buyers/ Manipulation
  • #57,783
  • Jun 17, 7:53am (8 hr ago) Jun 17, 7:53am (8 hr ago)
Quoting MoneyPrinte
{image}
omg...
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https://x.com/moneyprinte
  • #57,784
  • Jun 17, 7:55am (8 hr ago) Jun 17, 7:55am (8 hr ago)
Quoting Klostrading
can someone explain why bullish dollar news is also bullish for gold???? This doesnt make any sense
I have the same question like what’s going on
  • #57,785
  • Jun 17, 7:55am (8 hr ago) Jun 17, 7:55am (8 hr ago)
Market toying with us till fomc lol
  • #57,786
  • Jun 17, 7:56am (8 hr ago) Jun 17, 7:56am (8 hr ago)
We ll know market is acting weird
  • #57,787
  • Jun 17, 8:06am (8 hr ago) Jun 17, 8:06am (8 hr ago)
market is just paying the range at the moment.. we need a clean break on either side.. to clear the buyers or sellers
  • #57,788
  • Jun 17, 8:06am (8 hr ago) Jun 17, 8:06am (8 hr ago)
RSI shows a bullish divergence on the H4 chart. It's worth monitoring the price action for confirmation.
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  • #57,789
  • Jun 17, 8:07am (8 hr ago) Jun 17, 8:07am (8 hr ago)
Quoting azhantahir
Personal Intraday Overall, still inside equilibrium. Price has no willingness to break. The buyer is looking for a lower ask. The seller is looking for a higher bid. Currently, both scenarios are still potential. Just represent yourself with your own analysis. We are in the game of probabilities. Nobody is right, and nobody is wrong. Still focused on it and still looking for 1st entry. Hopefully, it happens at the NY Opening session soon. , IMHO Waiting is very painful. {image}
H1 Equilibrium post. trade what you see. Lower ask? Higher Bid? IMHO

Waiting is very painful
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Look right, we'll see the signs
  • #57,790
  • Jun 17, 8:10am (8 hr ago) Jun 17, 8:10am (8 hr ago)
Boring market
  • #57,791
  • Jun 17, 8:16am (8 hr ago) Jun 17, 8:16am (8 hr ago)
Quick question, is this gap between ~4270 and ~4220 going to get covered?
I'm not a pro trader like most people here so this is a noob question but I thought the chart always covers these open gaps.
From my limited knowledge the market is currently sideways. It's been oscillating between ~4333 and ~4220 since open.
Go easy on me, I'm trying to learn, some questions may come across as common knowledge but I have been taking for a short period of time.
Not asking for financial advise, just general knowledge.
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You don't stop learning until you stop breathing.
  • #57,792
  • Jun 17, 8:16am (8 hr ago) Jun 17, 8:16am (8 hr ago)
XAU can waterfall anytime now.. this looks like a trap now
  • #57,793
  • Jun 17, 8:19am (8 hr ago) Jun 17, 8:19am (8 hr ago)
Quoting Muxb7
Boring market
Is it though? The oscillations are predictable in my opinion. Good money to be made if you are taking scalping trades with obvious pitfall if the market breaks one way or another.
You don't stop learning until you stop breathing.
  • #57,794
  • Jun 17, 8:26am (8 hr ago) Jun 17, 8:26am (8 hr ago)
I think price wants up first in which case we get 4440 area first snf then a dump to go hit below 4000. Just long term projections. I will now stay aside and watch.

I closed my 4325 short because price was not breaking lower than 4320 and have joined buyers here at 4333. TP 4420. I will hold this through FOMC. SL 4270.

Please do not trade this with me. It is not a call.
  • #57,795
  • Jun 17, 8:32am (8 hr ago) Jun 17, 8:32am (8 hr ago)
what a fucking shit show
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  • #57,796
  • Jun 17, 8:33am (8 hr ago) Jun 17, 8:33am (8 hr ago)
Quoting PatienceFx
{quote} Donald J Trump
i never thought a joke will become so famous
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  • #57,797
  • Jun 17, 8:35am (8 hr ago) Jun 17, 8:35am (8 hr ago)
Quoting GuadianTheOG
{quote} Is it though? The oscillations are predictable in my opinion. Good money to be made if you are taking scalping trades with obvious pitfall if the market breaks one way or another.
True, there are good opportunities in the short-term swings, but I’m more of a swing trader. I prefer holding positions for larger moves rather than scalping every oscillation. Scalping can work well, but I’d rather focus on catching the bigger trends and avoid getting caught in the noise.
  • #57,798
  • Jun 17, 8:35am (8 hr ago) Jun 17, 8:35am (8 hr ago)
Quoting IKazer
what a fucking shit show {image}
What to expect with FOMC later?
What are the probabilities to happen?
  • #57,799
  • Jun 17, 8:38am (8 hr ago) Jun 17, 8:38am (8 hr ago)
Quoting GuadianTheOG
Quick question, is this gap between ~4270 and ~4220 going to get covered? I'm not a pro trader like most people here so this is a noob question but I thought the chart always covers these open gaps. From my limited knowledge the market is currently sideways. It's been oscillating between ~4333 and ~4220 since open. Go easy on me, I'm trying to learn, some questions may come across as common knowledge but I have been taking for a short period of time. Not asking for financial advise, just general knowledge. {image} {image}

There is a statistical high liklihood of a "gap fill".
One of the more reliable trades.
However it is NOT a guarantee in any way, like any trade.

So statistically speaking there is a very high probability of a gap fill, highest liklihood was Sun/Mon, that it hasnt happened yet reduces that probability and is likely linked to oil prices crashing (oil down = gold up) and the macro peace deal iran issues.

Nothing is for certain it is always a "grey fog."
... the True North, Strong and Free
  • #57,800
  • Jun 17, 8:38am (8 hr ago) Jun 17, 8:38am (8 hr ago)
Quoting Muxb7
{quote} True, there are good opportunities in the short-term swings, but I’m more of a swing trader. I prefer holding positions for larger moves rather than scalping every oscillation. Scalping can work well, but I’d rather focus on catching the bigger trends and avoid getting caught in the noise.
I wish I had the courage for that. I am getting a bit more risky with the trades but this is my logs (the wins at least, not showing my losses. lol)

Overall a good day for me. 500 profits is no joke for me. So close to new, I am going to stay out of it and just pray to catch the big ones now and hope that I can hold the trades to their peak before chickening out.
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You don't stop learning until you stop breathing.
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