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Average Down

  • #321
  • Jul 12, 2022 1:42am Jul 12, 2022 1:42am
Quoting razoredge22
{quote} spike again, looking for previous reentry fibo zone. {image}
H1 has reentry sell, but i think this will probably overshoot.

Focus on previous zone on my previous post for potential safer sell zone.

M5 I use fibo to know where the reversal zone will happen which is around the same zone on H1. good luck.

Edit, forgot to mention, price can also look for EMa50 on H1 which is Reentry for H4 tf
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 62 KB
fall seven times, stand up eight.
  • #322
  • Jul 12, 2022 2:01am Jul 12, 2022 2:01am
Quoting razoredge22
{quote} H1 has reentry sell, but i think this will probably overshoot. Focus on previous zone on my previous post for potential safer sell zone. M5 I use fibo to know where the reversal zone will happen which is around the same zone on H1. good luck. Edit, forgot to mention, price can also look for EMa50 on H1 which is Reentry for H4 tf {image}
Almost there
Bad thing i am in mobile...LoL
Lets wait for Ext form in 15 and h1...
"bad trades at times do happen even when the set up are good"
  • #323
  • Jul 12, 2022 5:42am Jul 12, 2022 5:42am
Quoting razoredge22
{quote} H1 has reentry sell, but i think this will probably overshoot. Focus on previous zone on my previous post for potential safer sell zone. M5 I use fibo to know where the reversal zone will happen which is around the same zone on H1. good luck. Edit, forgot to mention, price can also look for EMa50 on H1 which is Reentry for H4 tf {image}
update on gold. price have reaction on TP2 pullback
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 108 KB
fall seven times, stand up eight.
  • #324
  • Jul 12, 2022 6:42am Jul 12, 2022 6:42am
Quoting razoredge22
{quote} update on gold. price have reaction on TP2 pullback {image}
probable price will take D1 ree set up...
still in side way mode this shinny gold...
hope it push higher better selling entry...
"bad trades at times do happen even when the set up are good"
  • #325
  • Jul 12, 2022 7:06am Jul 12, 2022 7:06am
Quoting spijack
{quote} probable price will take D1 ree set up... still in side way mode this shinny gold... hope it push higher better selling entry...
yep. safest is wait for price go above Mid BB H4 for reentry.
fall seven times, stand up eight.
  • #326
  • Jul 12, 2022 9:19am Jul 12, 2022 9:19am
scalping long gold 1728...
"bad trades at times do happen even when the set up are good"
  • #327
  • Jul 12, 2022 9:34am Jul 12, 2022 9:34am
Quoting spijack
scalping long gold 1728...
BE hit +$19
"bad trades at times do happen even when the set up are good"
  • #328
  • Jul 12, 2022 9:44am Jul 12, 2022 9:44am
long scalp again gold 1727-28..
"bad trades at times do happen even when the set up are good"
  • #329
  • Jul 12, 2022 9:52am Jul 12, 2022 9:52am
Quoting spijack
long scalp again gold 1727-28..
out scalping long +$53
"bad trades at times do happen even when the set up are good"
  • #330
  • Jul 12, 2022 12:32pm Jul 12, 2022 12:32pm
scalping gold long 1726-27....
"bad trades at times do happen even when the set up are good"
  • #331
  • Jul 12, 2022 1:33pm Jul 12, 2022 1:33pm
Quoting spijack
scalping gold long 1726-27....
done scalping for today +$96
tomorrow we have CPI data...
hope to see more bear show or retest the 1750-65 level...
much better if we can see some higher correction, so bear can get more momentum...
"bad trades at times do happen even when the set up are good"
  • #332
  • Jul 13, 2022 12:30am Jul 13, 2022 12:30am
weekly projection chart update..
CSM printed, will it make some upward correction today???
or we can see more push lower to 1670 level...
this W1 i am looking for strong buy till the REE level on D1 around 1745-60...
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-07-13_08-22-49.png Size: 34 KB

D1 projection similar set up...
waiting for REE level...
if the price downward, then i will look for counter and buy(scalp)...
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-07-13_08-27-27.png Size: 27 KB
"bad trades at times do happen even when the set up are good"
  • #333
  • Jul 13, 2022 1:51am Jul 13, 2022 1:51am
Quoting spijack
weekly projection chart update.. CSM printed, will it make some upward correction today??? or we can see more push lower to 1670 level... this W1 i am looking for strong buy till the REE level on D1 around 1745-60... {image} D1 projection similar set up... waiting for REE level... if the price downward, then i will look for counter and buy(scalp)... {image}
Weekly has very nice and clear bbma structure. better dont miss the reentry after csm on weekly. hahaha
fall seven times, stand up eight.
  • #334
  • Jul 13, 2022 3:29am Jul 13, 2022 3:29am
Quoting razoredge22
{quote} Weekly has very nice and clear bbma structure. better dont miss the reentry after csm on weekly. hahaha
all we need patience
for now market waiting for CPI data...
"bad trades at times do happen even when the set up are good"
  • #335
  • Jul 13, 2022 4:44am Jul 13, 2022 4:44am
Short gold 1729
"bad trades at times do happen even when the set up are good"
  • #336
  • Jul 13, 2022 5:17am Jul 13, 2022 5:17am
Quoting spijack
Short gold 1729
SL move BE+ at 1727.45
"bad trades at times do happen even when the set up are good"
  • #337
  • Jul 13, 2022 5:21am Jul 13, 2022 5:21am
Quoting spijack
{quote} SL move BE+ at 1727.45
SL hit +$17
"bad trades at times do happen even when the set up are good"
  • #338
  • Jul 13, 2022 6:42am Jul 13, 2022 6:42am
gold 15m TF, H1 Tf aligned in upper BB...
H4 REE as well formed, for some reason i am not confident to take short yet...
sell signal is complete from 1730, but its better to wait US data feed later...
no rush, let the show begin and watching carefully...
same plan for me, if price shoot up above 1745-50 i will short it...
if price drop below 1722 without sell set up above 1730-40 then i will look for long...
"bad trades at times do happen even when the set up are good"
  • #339
  • Jul 13, 2022 9:04am Jul 13, 2022 9:04am
out scalping short gold at mahi 15m tf +$163
"bad trades at times do happen even when the set up are good"
  • #340
  • Jul 13, 2022 11:45am Jul 13, 2022 11:45am
Quoting razoredge22
{quote} yep. safest is wait for price go above Mid BB H4 for reentry.
again gold retest on previous reentry fibo zone on H1

and top bb H4

did you get in the trade ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 89 KB
Click to Enlarge Name: screenshot.png Size: 68 KB
fall seven times, stand up eight.
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