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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

  • #65,301
  • Jul 21, 2:32am (14 hr ago) Jul 21, 2:32am (14 hr ago)
Morning London.

After waiting for Monday IB, I currently see Tuesday Trend more toward bullish. A lot of probability there till Tuesday Trend ends. IMHO

Please refer own preference for better RRR.

1st weekly impression
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Look right, we'll see the signs
  • #65,302
  • Jul 21, 2:34am (14 hr ago) Jul 21, 2:34am (14 hr ago)
Quoting randu
Was short at 4077 and 4079 will observe what London do to this level and put double sell limit at 4097
Closed @4068 and waiting again in top area today for short
  • #65,303
  • Jul 21, 2:41am (14 hr ago) Jul 21, 2:41am (14 hr ago)
lets see we are still in a Daily/Weekly downtrend btw does that mean it will guarantee playout NOO but you take what's given with minimal risk
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  • #65,304
  • Jul 21, 2:42am (13 hr ago) Jul 21, 2:42am (13 hr ago)
Gold is going nowhere up
NEW: Israel is preparing for an imminent escalation with Iran
  • #65,305
  • Jul 21, 2:43am (13 hr ago) Jul 21, 2:43am (13 hr ago)
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Contrarian
  • #65,306
  • Jul 21, 2:46am (13 hr ago) Jul 21, 2:46am (13 hr ago)
Daily close above here will invalidate daily down trend
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  • #65,307
  • Jul 21, 2:53am (13 hr ago) Jul 21, 2:53am (13 hr ago)
Houthi threatens Saudi Arabia, USA-IRAN exange strikes, Iran-Israel, Iran attacks desalination plants. Why is oil not moving as it should?
  • #65,308
  • Jul 21, 2:57am (13 hr ago) Jul 21, 2:57am (13 hr ago)
Quoting greenpips88
Houthi threatens Saudi Arabia, USA-IRAN exange strikes, Iran-Israel, Iran attacks desalination plants. Why is oil not moving as it should?
where did u found those news?
  • #65,309
  • Jul 21, 2:57am (13 hr ago) Jul 21, 2:57am (13 hr ago)
Trade Set Up for today.
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  • #65,310
  • Edited 3:54am Jul 21, 3:01am (13 hr ago) | Edited 3:54am
Quoting Tr3ed
{quote} fake breakout, it is just trying to fill gap above and soon after that we will go down this week or next for same length of this fake breakout {image} {image}
I disagree, it looks like buyers have been pretty firm around the 4k level. I imagine bigger players won't be selling any time soon as they've used this low to accumulate, effectively making this a foundation for a long term bullish trend. It will stagger, partial retracements will happen, but we will see the steady upward momentum that gold is so familiar with. Obviously This is a matter of opinion but that's my thoughts.
  • #65,311
  • Jul 21, 3:03am (13 hr ago) Jul 21, 3:03am (13 hr ago)
Today Gold update posted for all to read and trade

https://www.forexfactory.com/thread/...1#post15815171
One trade at a time!!!
  • #65,312
  • Jul 21, 3:09am (13 hr ago) Jul 21, 3:09am (13 hr ago)
whats the reason for gold and oil dumping?
like whats the cause?
they should be inverse relation na,why they both are dumping at same time?
  • #65,313
  • Jul 21, 3:13am (13 hr ago) Jul 21, 3:13am (13 hr ago)
Gold (XAUUSD) Outlook & setup for today.

Following to the big up-move that price has shown in todays trading session it has broke out above the major bearish trendline, and had made a high of ~4085 which is acting as a resistance zone, currently we are expecting a correction till 4035 level which is an important Fib retracement zone & only after that we'll be interested into taking fresh long trades.

Immediate significant support is at 4000 where as immediate resistance is at 4080 & above that at 4100.
Outlook remain on the bullish to sideways direction, only buy trades should be preferred at support levels.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.
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  • #65,314
  • Jul 21, 3:13am (13 hr ago) Jul 21, 3:13am (13 hr ago)
Quoting Dnana
whats the reason for gold and oil dumping? like whats the cause? they should be inverse relation na,why they both are dumping at same time?
inverse only when newss there or else no relations its inverse to dxy but since sellers are more so gold is master of itself
RM
  • #65,315
  • Jul 21, 3:14am (13 hr ago) Jul 21, 3:14am (13 hr ago)
buy order in place for 4065 TP 4100
Insane in the Brain..
  • #65,316
  • Jul 21, 3:15am (13 hr ago) Jul 21, 3:15am (13 hr ago)
Quoting Dnana
whats the reason for gold and oil dumping? like whats the cause? they should be inverse relation na,why they both are dumping at same time?
the relationship between gold and oil isn't strong, current geopolitical events may have created a short term negative relation but it is not law
  • #65,317
  • Jul 21, 3:16am (13 hr ago) Jul 21, 3:16am (13 hr ago)
Quoting BeeTogether
buy order in place for 4065 TP 4100
do you use sl ?
  • #65,318
  • Jul 21, 3:17am (13 hr ago) Jul 21, 3:17am (13 hr ago)
whats the reason for oil dump?any news?
  • #65,319
  • Jul 21, 3:19am (13 hr ago) Jul 21, 3:19am (13 hr ago)
Quoting CozyTrades
{quote} do you use sl ?
only when i see enough is enough or when im over 30 pips in profit
Insane in the Brain..
  • #65,320
  • Jul 21, 3:21am (13 hr ago) Jul 21, 3:21am (13 hr ago)
Quoting azhantahir
Morning London. After waiting for Monday IB, I currently see Tuesday Trend more toward bullish. A lot of probability there till Tuesday Trend ends. IMHO Please refer own preference for better RRR. 1st weekly impression {image} {image} {image}
TFH1/TFM1
Scalps proposal

Create your own confidence. Responsible and respectful. It started with the current price offering and guidance with RRR. Manual close soon. IMHO
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