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Daily Trading Ideas

  • #46,901
  • Feb 7, 2020 5:25am Feb 7, 2020 5:25am
Quoting akim0895
{quote} tight range play now for gold.. possible test again upside NFP day so take care.. up n down is normal play by market.. i’ll add some shorts again if my h4 close green later have close some when price test 63..
here...
just for a cup of coffee...
  • #46,902
  • Feb 7, 2020 5:27am Feb 7, 2020 5:27am
Quoting Nvrmd
{quote} what was your entry and how much higher could gold go for you to be save, right now it looks like it goes down but I feel like we could get a fake breakout to 1573-75 during nfp before it eventually goes down, Im holding a few shorts but am also looking for a better entry later
At 62 and 65. I opened a long which I will close at spike and somehow will try to decrease the loss impact.
  • #46,903
  • Feb 7, 2020 5:38am Feb 7, 2020 5:38am
Closing 3 position at 1567.xx jump in too early (BE)
keep top 1569.2/1569.5 stop 1572
PA
  • #46,904
  • Feb 7, 2020 5:51am Feb 7, 2020 5:51am
Quoting doniyor81
{quote} At 62 and 65. I opened a long which I will close at spike and somehow will try to decrease the loss impact.
I didnt want to scare you. Anything can happen. We could go down from here smoothly too. Just be careful with stops during high impact events or donīt trade news events in general. The risk is usually not worth it and after the dust settles there are also good setups with less risk. The dollar was rising all week and many people desperately waiting for weakness. Also I am not a huge fan of hedging, most of the time you lose even more, but maybe thatīs just me.
  • #46,905
  • Feb 7, 2020 5:57am Feb 7, 2020 5:57am
Nice entry
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  • #46,906
  • Feb 7, 2020 5:57am Feb 7, 2020 5:57am
Quoting LeongPuiy
Closing 3 position at 1567.xx jump in too early (BE) keep top 1569.2/1569.5 stop 1572
Close one order cover my early loss.
leave one to play, will add more near nfp if this hour red and next hour green
PA
  • #46,907
  • Feb 7, 2020 6:05am Feb 7, 2020 6:05am
I respect you all because you share your experience and trade ideas for the benefit of all of us.Great Job

I pray for you all to success.
  • #46,908
  • Feb 7, 2020 6:18am Feb 7, 2020 6:18am
Mr Gold, please continue down to 1559. Would make me happy
  • #46,909
  • Feb 7, 2020 6:19am Feb 7, 2020 6:19am
Quoting LeongPuiy
{quote} Close one order cover my early loss. leave one to play, will add more near nfp if this hour red and next hour green
cash out too for some scalps..
still more in play..
just for a cup of coffee...
  • #46,910
  • Feb 7, 2020 6:19am Feb 7, 2020 6:19am
still holding my bear
.
hope they will grow healthly
.
wish me luck guys
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  • #46,911
  • Feb 7, 2020 6:22am Feb 7, 2020 6:22am
Quoting akim0895
{quote} cash out too for some scalps.. still more in play..
I waiting NY , i think it may retest daily top , or spike up bfr drop,
still waiting NFP shake
PA
  • #46,912
  • Feb 7, 2020 6:29am Feb 7, 2020 6:29am
Quoting LeongPuiy
{quote} I waiting NY , i think it may retest daily top , or spike up bfr drop, still waiting NFP shake
I would like a drop now and smoothy drop later at NFP ..... hopefully
  • #46,913
  • Feb 7, 2020 6:32am Feb 7, 2020 6:32am
Come on drop
  • #46,914
  • Feb 7, 2020 6:40am Feb 7, 2020 6:40am
Quoting wofvman
{quote} I would like a drop now and smoothy drop later at NFP ..... hopefully
Possible
but anything can happen when big event
i get stop out last time when the down move seem well and it spike up 30-50 pips ate me and drop 300 pips
PA
  • #46,915
  • Feb 7, 2020 6:40am Feb 7, 2020 6:40am
H1 double bottom on GU ahead of nfp.
maybe a signe
  • #46,916
  • Feb 7, 2020 6:41am Feb 7, 2020 6:41am
Quoting LeongPuiy
{quote} Possible but anything can happen when big event i get stop out last time when the down move seem well and it spike up 30-50 pips ate me and drop 300 pips
One pip in gold is 10 cents?
  • #46,917
  • Feb 7, 2020 6:44am Feb 7, 2020 6:44am
Quoting doniyor81
{quote} One pip in gold is 10 cents?
Yes, 10 pips mean $1 , 100 pips mean $10
PA
  • #46,918
  • Feb 7, 2020 6:51am Feb 7, 2020 6:51am
Hi Comar,

Based on the materials you shared, I was studying the gold setup on 1hr. Can you check and correct me if something is wrong or need improvement?
And also, I shorted at 1569 on reentry. WHat would be your usual profit taking case in such situations? And also, there are lot of opportunities in this setup to buy sell. Can you tell like how best we can intra trade this setup for scalping rather than taking only 1 short entry on reentry setup
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  • #46,919
  • Feb 7, 2020 7:02am Feb 7, 2020 7:02am
I'm scared of NFP ,
  • #46,920
  • Feb 7, 2020 7:05am Feb 7, 2020 7:05am
Quoting MePain
I'm scared of NFP ,
until when will scare of it..?
just for a cup of coffee...
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