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  • Post #9,161
  • Quote
  • Feb 9, 2022 11:07am Feb 9, 2022 11:07am
  •  MzansiObi
  • Joined Feb 2016 | Status: Full Time Trader. | 5,432 Posts
Quoting MzansiObi
Disliked
{quote} Stops at entry for short. Closed half. Now we wait and watch..... Green pips {image}
Ignored
GU at an interesting segway now. Hold or fold.....RSI still pointing down but bit of interim suppor on rising trendline....
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4&1 All Time Profit: $32,411
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  • Post #9,162
  • Quote
  • Feb 9, 2022 11:07am Feb 9, 2022 11:07am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 2,577 Posts
Quoting BigNumbers
Disliked
The breakout from GBPAUD was so powerful that it didn’t give room for immediate retest. I’m patiently waiting for price to come back so I can get an entry. We are going to short this pair in days ahead. I would have called this trade but the powerful breakout affected the stop loss level so we have to wait for a pullback.
Ignored
GbpAud has been a nice trade for me. A possible pullback to 1.8900 with 1.88000 and 1.88500 as support.
Cheers.
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Trade to Trade another day.
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  • Post #9,163
  • Quote
  • Feb 9, 2022 11:13am Feb 9, 2022 11:13am
  •  Seysin32
  • Joined Apr 2013 | Status: Member | 1,528 Posts
Quoting Wavegarrick
Disliked
{quote} GbpAud has been a nice trade for me. A possible pullback to 1.8900 with 1.88000 and 1.88500 as support. Cheers. {image}
Ignored
Nice to see you here Leon!
Welcome
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  • Post #9,164
  • Quote
  • Feb 9, 2022 11:24am Feb 9, 2022 11:24am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Active | 2,577 Posts
Quoting Seysin32
Disliked
{quote} Nice to see you here Leon! Welcome
Ignored
Thank you Seysin, will pop in from time to time.
Cheers
Leon
Trade to Trade another day.
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  • Post #9,165
  • Quote
  • Feb 9, 2022 11:58am Feb 9, 2022 11:58am
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
Gold has been absolute madness today haha
 
1
  • Post #9,166
  • Quote
  • Feb 9, 2022 12:10pm Feb 9, 2022 12:10pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting TrickorTrade
Disliked
{quote} I was right. Happens. All probabilities.
Ignored

Hi Bro.

You're saying you're right on SH, which I don't agree.

Lets go thru this as a matter of educational discussion to get better understanding of the mrket.

Attached two chart with some remarks.

I did went in for LONG position after you said "STOP HUNT" , which is not.

It is well intended price action for GOLD to raise to higher price.

They need more buyer seller to fill up their BUY order. Created the so called "Stop Hunt" with "Pin Bar" so Retail seller piling to short.

If you're right about "stop Hunt" why price reverse and go higher ?.

Since the purpose of stop hunt is to take out Stop Loss and move to the intended direction ?.
Market is always right, we are not.

Think about it. Consider this as exchanges of trade ideas.

I'm not smart or Special, but just different

Best Wishes.

PAT



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Do not get emotional when you gain or lose.
 
10
  • Post #9,167
  • Quote
  • Feb 9, 2022 12:17pm Feb 9, 2022 12:17pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting Pat Chiko
Disliked
{quote} GU Scalp long {image}
Ignored

GU

Stopped out @ RN.

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Do not get emotional when you gain or lose.
 
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  • Post #9,168
  • Quote
  • Feb 9, 2022 12:30pm Feb 9, 2022 12:30pm
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
GU, scalp long -10p risk 3525

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Daddy, Brother, Lover, Little Boy
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  • Post #9,169
  • Quote
  • Feb 9, 2022 12:31pm Feb 9, 2022 12:31pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting Pat Chiko
Disliked
{quote} GU Stopped out @ RN. {image}
Ignored
GU

revised set up based on current price structure.

Not a signal, just a thought process.

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Do not get emotional when you gain or lose.
 
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  • Post #9,170
  • Quote
  • Feb 9, 2022 12:48pm Feb 9, 2022 12:48pm
  •  MatDerKater
  • | Membership Revoked | Joined Jan 2021 | 250 Posts
Quoting Pat Chiko
Disliked
{quote} GU revised set up based on current price structure. Not a signal, just a thought process. {image}
Ignored
U got a glossary of the acronyms that you use on your charts?
2
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  • Post #9,171
  • Quote
  • Feb 9, 2022 12:48pm Feb 9, 2022 12:48pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting Pat Chiko
Disliked
{quote} Consider this as exchanges of trade ideas. I'm not smart or Special, but just different Best Wishes. PAT {image}{image}
Ignored

GOLD

Liquidity filled. Closed all

Let wait for US CPI High Impact News bring gold down tomorrow. ( depending on set up of course.....)

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Do not get emotional when you gain or lose.
 
4
  • Post #9,172
  • Quote
  • Feb 9, 2022 12:54pm Feb 9, 2022 12:54pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting MatDerKater
Disliked
{quote} U got a glossary of the acronyms that you use on your charts?
Ignored

HI Mat Der Kater.

In Malaysia your name will be like

MAT ( is names of a male person) der ( at the place of) Kater ( person being mentioned).

In short you name is like MAT is the person we mentioned just now.!!!

OK. Back to business.


Partly I have put in my notes. Here's the link. Some are not, it is all over the place ( mostly in my brain)
acronyms

Hope it will help, if you need something else, just drop a line. I will try to find it.

Regards

PAT
Do not get emotional when you gain or lose.
 
5
  • Post #9,173
  • Quote
  • Feb 9, 2022 12:58pm Feb 9, 2022 12:58pm
  •  nagstn
  • Joined Mar 2021 | Status: Member | 249 Posts
Quoting nagstn
Disliked
{quote} it seems iGOLD has strong support @1825(or 1817) - its a UP moment so far to 1837-1840. anything can happen
Ignored
as expected, GOLD is reaching 1837 and so
1
1
  • Post #9,174
  • Quote
  • Feb 9, 2022 12:58pm Feb 9, 2022 12:58pm
  •  htawfik
  • | Joined Oct 2011 | Status: Member | 236 Posts
Quoting Pat Chiko
Disliked
{quote} HI Mat Der Kater. In Malaysia your name will be like MAT ( is names of a male person) der ( at the place of) Kater ( person being mentioned). In short you name is like MAT is the person we mentioned just now.!!! OK. Back to business. Partly I have put in my notes. Here's the link. Some are not, it is all over the place ( mostly in my brain) acronyms Hope it will help, if you need something else, just drop a line. I will try to find it. Regards PAT
Ignored
Thank you for sharing
1
 
  • Post #9,175
  • Quote
  • Feb 9, 2022 1:01pm Feb 9, 2022 1:01pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting Pat Chiko
Disliked
{quote} GU revised set up based on current price structure. Not a signal, just a thought process. {image}
Ignored
GU

Give it a go

LONG Scalp to QM level

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Do not get emotional when you gain or lose.
 
4
  • Post #9,176
  • Quote
  • Feb 9, 2022 1:10pm Feb 9, 2022 1:10pm
  •  MzansiObi
  • Joined Feb 2016 | Status: Full Time Trader. | 5,432 Posts
GU
RETEST of trendline breakout sold.
Shorts have an immediate hurdle at that H1 200 ema

Lets see....
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4&1 All Time Profit: $32,411
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3
  • Post #9,177
  • Quote
  • Feb 9, 2022 1:10pm Feb 9, 2022 1:10pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,801 Posts
Quoting Pat Chiko
Disliked
{quote} GU Give it a go LONG Scalp to QM level {image}
Ignored

GU

add

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Do not get emotional when you gain or lose.
 
8
  • Post #9,178
  • Quote
  • Feb 9, 2022 1:16pm Feb 9, 2022 1:16pm
  •  Isabella_D
  • Joined Jan 2012 | Status: Member | 853 Posts
xxxUSD will recover next hours. Reason Bonds 10y recover against Bonds 2y.

will send a pic soon for better understanding.

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  • Post #9,179
  • Quote
  • Feb 9, 2022 1:56pm Feb 9, 2022 1:56pm
  •  MzansiObi
  • Joined Feb 2016 | Status: Full Time Trader. | 5,432 Posts
Quoting Pat Chiko
Disliked
{quote} GOLD Liquidity filled. Closed all Let wait for US CPI High Impact News bring gold down tomorrow. ( depending on set up of course.....) {image}
Ignored
Muy bien Chiko.....
4&1 All Time Profit: $32,411
1
 
  • Post #9,180
  • Quote
  • Feb 9, 2022 2:03pm Feb 9, 2022 2:03pm
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
Quoting Pat Chiko
Disliked
{quote} Hi Bro. You're saying you're right on SH, which I don't agree. Lets go thru this as a matter of educational discussion to get better understanding of the mrket. Attached two chart with some remarks. I did went in for LONG position after you said "STOP HUNT" , which is not. It is well intended price action for GOLD to raise to higher price. They need more buyer seller to fill up their BUY order. Created the so called "Stop Hunt" with "Pin Bar" so Retail seller piling to short. If you're right about "stop Hunt" why price reverse and go higher...
Ignored
Thank you PAT for the explanation. Yes I am always a student to this game always will learn.
Your eye is very accurate with your experience. You are absolutely right on this.
I have stopped trying to understand every setup to achieve high win rate instead I just focus on Risk to Reward.

The beauty of trading is we are ever evolving and education never stops.

God bless you brother.
Thanks
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