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Darkangels pips hunter

  • #941
  • May 28, 2021 4:49am May 28, 2021 4:49am
Quoting darkangel13
{quote} Wait for price to retrace first into 1,42 area, then look to sell, traders with deep pocket reposition themselves but not retail with small capital as they need to reduce the risk as much as possible. And if you miss the trade, so what its Friday, and we will enjoy the weekend.
I understand now. Since it is a small capital, it is suitable for me who wants to reduce risk.

Thank you
  • #942
  • May 28, 2021 4:51am May 28, 2021 4:51am
Quoting AlfieSolomon
DA should i buy gold? Help me
I went long on gold 1889, wait for the price to retrace if you wish. Target 1900.

There will be plenty of good trades, GJ , GU , Oil, UC, and more. Be patient and don't sit in front of the screen and watch the platform, you will lose your patience and start seeing trades that are not there and start making mistakes.

Take a shower, go to buy something, a ride in the car, whatever you like to do in order to remove this feeling meaning have to take the trade.
  • #943
  • May 28, 2021 5:21am May 28, 2021 5:21am
Quoting Glorybound
{quote} "...a strong army of cash standing by waiting to move into action." Having a very low equity is my problem. A lot of opportunities there - but when your trading capital is very low, you continue to struggle until help comes! Can someone here relate - you've been in my shoes?
Glorybound

Yes have been in this situation. Don't see it as an obstacle though try and put it to your advantage. Keep your risk commensurate to your account and focus on becoming the best trader you can and forget about the money. Don't even think about trying to pay yourself from it, just focus on milestones like a certain % return, avoiding losing days/drawdowns with tangible targets, etc. Then whenever you come into some money, earn some etc, just keep it aside and top up your account when you hit certain trading milestones. I started with a 400 GBP account (some small top ups along the way while I was learning) and after 6 months can now pay the bills from trading. But if you cant consistently grow a small account then you won't suddenly be able to do it with a large account thinking your problems have been solved.
  • #944
  • May 28, 2021 6:03am May 28, 2021 6:03am
Quoting mysterio
{quote} Glorybound Yes have been in this situation. Don't see it as an obstacle though try and put it to your advantage. Keep your risk commensurate to your account and focus on becoming the best trader you can and forget about the money. Don't even think about trying to pay yourself from it, just focus on milestones like a certain % return, avoiding losing days/drawdowns with tangible targets, etc. Then whenever you come into some money, earn some etc, just keep it aside and top up your account when you hit certain trading milestones. I started...
Your pieces of advise and counsel is worth its weight in gold. Before I saw this your comment, I saw you just subscribed to this wonderful
thread and I loved it! Thanks a million for these words of encouragement and inspiration. Thank God for people like you and DA. I sincerely
appreciate those beautiful lines from you.
  • #945
  • May 28, 2021 6:51am May 28, 2021 6:51am
Quoting aeternum
{quote} I see this on USDX 1H. Price is being capped by resistance. If it manages to break down, we should see that meaningful push down for gold. Although USDJPY now looks pretty overbought, not sure how this will affect the way Gold moves. {image}
Both USDJPY and USDX have just broken this resistance. Now to see if we can keep above it for more gold shorts.
A 1 pip gain is better than a 1 pip loss.
  • #946
  • May 28, 2021 6:52am May 28, 2021 6:52am
Quoting darkangel13
{quote} I went long on gold 1889, wait for the price to retrace if you wish. Target 1900. There will be plenty of good trades, GJ , GU , Oil, UC, and more. Be patient and don't sit in front of the screen and watch the platform, you will lose your patience and start seeing trades that are not there and start making mistakes. Take a shower, go to buy something, a ride in the car, whatever you like to do in order to remove this feeling meaning have to take the trade.
HI DA...are u still buying....
  • #947
  • May 28, 2021 7:11am May 28, 2021 7:11am
Quoting TC48
{quote} HI DA...are u still buying....
Hit my SL,
  • #948
  • May 28, 2021 7:23am May 28, 2021 7:23am
Gold landing on DSL on H4, I am not taking trade-in Gold just follow it. Possible support on 1881.
Attached Image (click to enlarge)
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  • #949
  • May 28, 2021 7:32am May 28, 2021 7:32am
Gold 30m
Bullish divergence, SL close below 1882.
Target 1902.
Price now 1891.

D3 still work as support.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Gold 4hr 3.png Size: 121 KB
  • #950
  • May 28, 2021 7:40am May 28, 2021 7:40am
EurGbp
Possible 123 bullish on 4hr / not confirmed yet. targeting 0,8641
Attached Image (click to enlarge)
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  • #951
  • May 28, 2021 7:45am May 28, 2021 7:45am
DXY in a bullish divergence daily, now reaching d1/resistance and that could affect the dollar , US bonds 10y start falling. Lets see if Gold get some support on d3.
Attached Image (click to enlarge)
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  • #952
  • May 28, 2021 7:51am May 28, 2021 7:51am
Well, D3 worked as support. It looks like big guys shaking the crowd before taking the next move.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold 4hr 28maj.png Size: 119 KB
Click to Enlarge Name: gold 4hr 2 28maj.png Size: 117 KB
  • #953
  • May 28, 2021 7:56am May 28, 2021 7:56am
GbpJpy still in a tiny bullish divergence targeting 156,06/16

waiting to reach it to sell it.
Attached Image (click to enlarge)
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  • #954
  • May 28, 2021 8:04am May 28, 2021 8:04am
EG 123 bullish confirmed, SL close below 0,8573 on 4hr.
Attached Image (click to enlarge)
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  • #955
  • May 28, 2021 8:09am May 28, 2021 8:09am
Quoting darkangel13
Well, D3 worked as support. It looks like big guys shaking the crowd before taking the next move. {image} {image}
D3, maybe last week's highs? Now, the return after getting out of the top may have been a good landing. Oh, shaking

I will remember
  • #956
  • May 28, 2021 8:11am May 28, 2021 8:11am
Quoting darkangel13
Gold 30m Bullish divergence, SL close below 1882. Target 1902. Price now 1891. D3 still work as support. {image} {image}
Gold targeting 1902,70 or higher, a lot of seller waiting for 1909/12
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 30 dive.png Size: 87 KB
  • #957
  • May 28, 2021 8:18am May 28, 2021 8:18am
AUDUSD is full of mountains, but does DA see anything?
  • #958
  • May 28, 2021 8:19am May 28, 2021 8:19am
I am still shorting oil, will continue to sell it, SL close above 67,44 on 4hr
Attached Image (click to enlarge)
Click to Enlarge Name: Oil 1.png Size: 100 KB
  • #959
  • May 28, 2021 8:23am May 28, 2021 8:23am
Quoting darkangel13
{quote} Gold targeting 1902,70 or higher, a lot of seller waiting for 1909/12 {image}
The push down closed all my gold shorts. Was happily scalping everything on the way down, at the very least I'll have a peaceful weekend.

Hopefully we see a better position for more shorts!
A 1 pip gain is better than a 1 pip loss.
  • #960
  • May 28, 2021 8:41am May 28, 2021 8:41am
Gold could target 1923, 123 bullish on 4hr. SL close 1881,80.
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