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Darkangels pips hunter

  • #3,821
  • Dec 16, 2021 10:27am Dec 16, 2021 10:27am
Oil reaching top of the divergence channel
Attached Image (click to enlarge)
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  • #3,822
  • Dec 16, 2021 10:33am Dec 16, 2021 10:33am
It looks like to fail, I am almost giving up this trade
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  • #3,823
  • Dec 16, 2021 10:42am Dec 16, 2021 10:42am
Divergence failed to do the job, the pattern failed.

Now what do I have left, keep my positions short or leave the party

I am staying short for now as we are reaching 73,13 resistance
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  • #3,824
  • Dec 16, 2021 10:49am Dec 16, 2021 10:49am
Adding to a losing trade, its the worst thing we RT do
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  • #3,825
  • Dec 16, 2021 10:56am Dec 16, 2021 10:56am
Now is that correct adding to a losing trade, am I afraid to be wrong, or its a decision based on knowledge

Or just a stupid trader avoiding being wrong.

What if I short 100 with no SL, planning to add 200 when we are reaching the next resistance (50pips) and adding to the next resistance level 400, sure have to do my homework before and know that these are real resistance levels

What do you think
  • #3,826
  • Dec 16, 2021 11:08am Dec 16, 2021 11:08am
Well, at least US30 working well until now
Attached Image (click to enlarge)
Click to Enlarge Name: US30 30m.png Size: 136 KB
  • #3,827
  • Dec 16, 2021 1:53pm Dec 16, 2021 1:53pm
Well as you can see sometimes work if you do your homework

Oil collapse and US30
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Oil 15m 2.png Size: 111 KB
Click to Enlarge Name: US30 30m.png Size: 120 KB
  • #3,828
  • Dec 17, 2021 1:32am Dec 17, 2021 1:32am
My opinion about gold
Support and resistance are identified
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  • #3,829
  • Dec 17, 2021 8:15am Dec 17, 2021 8:15am
Gold

Based on the very ugly 123 bearish pattern, price could target 1750 area again

I believe its a good time to sell Gold as long we are below 1815 level. We have to remember that we are at the end of the week with an ugly bearish 123
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  • #3,830
  • Dec 17, 2021 8:23am Dec 17, 2021 8:23am
Quoting darkangel13
Now is that correct adding to a losing trade, am I afraid to be wrong, or its a decision based on knowledge Or just a stupid trader avoiding being wrong. What if I short 100 with no SL, planning to add 200 when we are reaching the next resistance (50pips) and adding to the next resistance level 400, sure have to do my homework before and know that these are real resistance levels What do you think
Well, as you can see price did fall down and we end with profit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Oil 15m.png Size: 120 KB
Click to Enlarge Name: Oil 15m 2.png Size: 133 KB
  • #3,831
  • Dec 17, 2021 8:31am Dec 17, 2021 8:31am
Quoting gatenio
{quote} Hope it will drop. I will buy cheap.. hope for a crush!
Well, it woked at least for now
Attached Image (click to enlarge)
Click to Enlarge Name: us30.png Size: 153 KB
  • #3,832
  • Dec 17, 2021 8:32am Dec 17, 2021 8:32am
Lets see if our Gold trade make us happy today
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Click to Enlarge Name: Gold 4hr.png Size: 137 KB
  • #3,833
  • Dec 17, 2021 8:37am Dec 17, 2021 8:37am
Quoting darkangel13
Lets see if our Gold trade make us happy today {image}
  • #3,834
  • Dec 17, 2021 8:45am Dec 17, 2021 8:45am
US30 collapse as expected
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  • #3,835
  • Dec 17, 2021 8:49am Dec 17, 2021 8:49am
We start selling Gold at the end of this hour,
  • #3,836
  • Dec 17, 2021 9:27am Dec 17, 2021 9:27am
Quoting darkangel13
{quote} Well, it woked at least for now {image}
work amazing, yesterday us100 now us30, gain back all my loss from last 7 days.

btw, i bought GU right now, price is 1.3268.
No tp right now, aim high
  • #3,837
  • Dec 17, 2021 1:39pm Dec 17, 2021 1:39pm
Quoting sboy.s63
My opinion about gold Support and resistance are identified {image}
update
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  • #3,838
  • Dec 19, 2021 7:21pm Dec 19, 2021 7:21pm
US30

Price still within down trend in general , but right now find support and could start aggressively moving north
Attached Image (click to enlarge)
Click to Enlarge Name: us30 30m.png Size: 139 KB
  • #3,839
  • Dec 19, 2021 7:25pm Dec 19, 2021 7:25pm
Gold
As we early mention price within 123 bearish and targeting 1785/87 then much deeper.

In my opinion price first real support area on 1785/87
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold 4hr.png Size: 137 KB
Click to Enlarge Name: Gold 4hr 2.png Size: 140 KB
  • #3,840
  • Dec 20, 2021 1:44am Dec 20, 2021 1:44am
Quoting sboy.s63
{quote} update {image}
Gold moved as I expected
Supports : 1791 ,1784 ,1776
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