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  • #201
  • Jan 15, 2021 5:59am Jan 15, 2021 5:59am
Quoting JayBag
{quote} Hi K, I don’t think GU will collapse today.. Quite the opposite in my opinion.. This may cause EG to sell off .. SS
Jay, I feel that the pound wants to rise. Mind if I ride with you till 1.3685?
  • #202
  • Jan 15, 2021 6:17am Jan 15, 2021 6:17am
Quoting Kaysole
{quote} Jay, I feel that the pound wants to rise. Mind if I ride with you till 1.3685?
I don’t mind at all bud.. For a power trade, you can ride with me till 1.37146

Belt on
  • #203
  • Jan 15, 2021 6:25am Jan 15, 2021 6:25am
Subbed.

GJ GU rise anytime now??

Edit - also, my TE doesn’t appear to be updating ATM is it normal for a delay?
Keep it simple stupid
  • #204
  • Jan 15, 2021 8:09am Jan 15, 2021 8:09am
Quoting Craven64
Subbed. GJ GU rise anytime now?? Edit - also, my TE doesn’t appear to be updating ATM is it normal for a delay?
Welcome to the thread Craven,

Will be looking forward to see more of your post on here

Take Care
  • #205
  • Jan 15, 2021 8:12am Jan 15, 2021 8:12am
Quoting Sang.Real
{quote} GU Go fly higher Lee. Break 1.39.... {image}

GU

Add position at Demand zone. & Support area
First position in -ve.

Hope it will fly soon
Attached Image (click to enlarge)
Click to Enlarge Name: GU 011.jpg Size: 207 KB
  • #206
  • Jan 15, 2021 8:46am Jan 15, 2021 8:46am
Not sure whether selling is a good idea right now (chart looks bearish indeed)

Anyway I'm finished for the day. Said that yesterday but got trading sickness and gave back all my hard earned gains Not going to do that again today!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rM5.png Size: 39 KB
  • #207
  • Jan 15, 2021 9:43am Jan 15, 2021 9:43am
Closing the week in profit after loosing so much last week, currently in recovery then will start making profits. Happy weekend traders. Stay safe
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #208
  • Jan 15, 2021 10:45pm Jan 15, 2021 10:45pm
Quoting Kaysole
What the hell.... Sell limit on gold@1857 SL@1867 TP@1828 (don't wanna piss off Jay)
I should've held this position....my emotions got the best of me.
  • #209
  • Jan 15, 2021 10:47pm Jan 15, 2021 10:47pm
Quoting Mtinifx
Not sure whether selling is a good idea right now (chart looks bearish indeed) Anyway I'm finished for the day. Said that yesterday but got trading sickness and gave back all my hard earned gains Not going to do that again today! {image}
I'm sorry for that. The market is a fair-weather friend.
  • #210
  • Jan 15, 2021 11:02pm Jan 15, 2021 11:02pm
GU could well punch down to 1.34.
Still away from computer, but will be checking on Monday for a sell set up.

Then more buys from the deep.

Weekly still a hungry bull.
Compulsions can be hard to resist
  • #211
  • Jan 15, 2021 11:17pm Jan 15, 2021 11:17pm
Quoting trumps
GU could well punch down to 1.34. Still away from computer, but will be checking on Monday for a sell set up. Then more buys from the deep. Weekly still a hungry bull.
That would be scary (for me of course); however, I see price making another high in the near future.

But then again, I'm usually wrong.
  • #212
  • Jan 15, 2021 11:24pm Jan 15, 2021 11:24pm
Hi guys, I have been buying the dips & selling the rallies on S&P 500 for a while,
sanity is restored in my life,
Great idea for a thread... Regards to all
Gr88888
  • #213
  • Jan 15, 2021 11:30pm Jan 15, 2021 11:30pm
In gold, I expect a rise to 1842-3 (maybe a bit higher) in the short term, but I see it falling beyond 1790 in the long term. Any other views?
  • #214
  • Jan 15, 2021 11:52pm Jan 15, 2021 11:52pm
Quoting Kaysole
{quote} That would be scary (for me of course); however, I see price making another high in the near future. But then again, I'm usually wrong.
Here's to money both ways
Compulsions can be hard to resist
  • #215
  • Jan 16, 2021 5:43am Jan 16, 2021 5:43am
Quoting Kaysole
In gold, I expect a rise to 1842-3 (maybe a bit higher) in the short term, but I see it falling beyond 1790 in the long term. Any other views?
Well I'm hoping for a continuation of the downtrend on Monday. At least down to 1800. These constant changes of direction are making me dizzy

Of course let's hope the drop down to 1800 doesn't happen during the Asian while I'm sleeping - might be worth doing a night shift!
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.rDaily.png Size: 42 KB
  • #216
  • Jan 16, 2021 6:14am Jan 16, 2021 6:14am
Quoting Mtinifx
{quote} Well I'm hoping for a continuation of the downtrend on Monday. At least down to 1800. These constant changes of direction are making me dizzy Of course let's hope the drop down to 1800 doesn't happen during the Asian while I'm sleeping - might be worth doing a night shift! {image}
Price has definitely been in a downtrend the last few days and especially since there have been talks of the Fed tapering bond purchases (Powell rejected it, but the market usually moves one step ahead of the Fed), I expect the downtrend to continue.

However, I believe 1817 won't break that easy and because price is quite close to it now, I expect a retracement to occur. But I definitely agree with you that it's heading down.

Of course, you may be right and price just slices through it without any meaningful retracement on Monday.
  • #217
  • Jan 17, 2021 5:49am Jan 17, 2021 5:49am
Hopefully see gold develop something along these lines.
Attached Image (click to enlarge)
Click to Enlarge Name: goldshort.png Size: 109 KB
Keep it simple stupid
  • #218
  • Jan 17, 2021 7:04am Jan 17, 2021 7:04am
Hi!

I trade EU only, and via an EA using a system I built and traded manually last year.

I had some ups and downs but the inevitable failure came finally and mainly because of my lack of patience and consistence. The only consistence I have is in
breaking my own rules so that's why I had to resolve myself to the creation of the EA and taking me out of the equation.

I don't want to pollute the thread discussing the system itself (it has its own thread), unless you have questions and the OP allows for it so eventually let me know...

So, after a long period of development and test I'm now confident enough to run it live and I just started fresh this year with it. I just need the patience to not interfere with it and just wait and see what happens...

Good luck to you all !
Simplicity is the Ultimate Sophistication.
  • #219
  • Jan 17, 2021 9:41am Jan 17, 2021 9:41am
Hey

folks is there anyway to display Live TE without people being able to see what positions you are in ?
  • #220
  • Jan 17, 2021 10:12am Jan 17, 2021 10:12am
Quoting broketrader
The only consistence I have is in breaking my own rules
Same here, and it usually costs me. On the other hand, when I don't break my rules, I still lose.

Anyways, good luck with your trading.
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