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  • #3,281
  • Aug 31, 2022 2:15am Aug 31, 2022 2:15am
Just a point , today monthly candle will close , expect a pull back to the upside for a retest and fall ???
  • #3,282
  • Aug 31, 2022 3:05am Aug 31, 2022 3:05am
Quoting nizamsheik69
Just a point , today monthly candle will close , expect a pull back to the upside for a retest and fall ???

Thanks. : )
"Don't Shoot Me I'm Only the Piano Player"
  • #3,283
  • Aug 31, 2022 5:11am Aug 31, 2022 5:11am
Quoting aahmad29
{quote} Another short position closed. 1. Sell 1740 - 1725 2. Sell 1733 - 1725 3. Buy 1733 - 1740 4. Sell 1739 - 1725 Hopefully price close my all short positions before tomorrow job data. 600 Points to go. Target = 5000 points out of 10 positions {image}
All remaining 3 short positions are closed by hitting TP @1710. Now i have to add some more long positions and wait for long ride.

Patience and Discipline paid off.

1. Sell 1740 - 1725
2. Sell 1733 - 1725
3. Buy 1733 - 1740
4. Sell 1739 - 1725
5. Sell 1721 - 1710
6. Sell 1712 - 1710
7. Sell 1705 - 1710 (LOSS)

Only one loss position during SHORT ride.

Target achieved in 7 positions. Total points 5228

Target = 5000 points out of 10 positions
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 32 KB
Love for all; Hatred for none.
  • #3,284
  • Aug 31, 2022 6:53am Aug 31, 2022 6:53am
Quoting ForexGoose
entered a new sell order from 1723, stop loss above 1735, target is 1683 {image}
didn't get to 1683, but I closed out with profit earlier at around 1711

now, I will wait to sell any rallies into 1721 or 1735
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-31_09-51-56.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,285
  • Aug 31, 2022 6:57am Aug 31, 2022 6:57am
Quoting nizamsheik69
Just a point , today monthly candle will close , expect a pull back to the upside for a retest and fall ???
a pullback is possible for profit taking at the end of the month, but I think that rallies will be sold tomorrow as the trend for Gold appears to be down
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,286
  • Aug 31, 2022 8:01am Aug 31, 2022 8:01am
Quoting ForexGoose
{quote} a pullback is possible for profit taking at the end of the month, but I think that rallies will be sold tomorrow as the trend for Gold appears to be down
Friday data will decide the direction.
Love for all; Hatred for none.
  • #3,287
  • Aug 31, 2022 9:29am Aug 31, 2022 9:29am
august full motnh result
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 13 KB
Love for all; Hatred for none.
  • #3,288
  • Aug 31, 2022 3:16pm Aug 31, 2022 3:16pm
sold from 1709, stop loss above 1721, target 1683
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-31_18-15-29.png Size: 36 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,289
  • Aug 31, 2022 10:31pm Aug 31, 2022 10:31pm
I am setting up monthly target for me.

September Target = 20,000 points

Love for all; Hatred for none.
  • #3,290
  • Sep 1, 2022 4:29am Sep 1, 2022 4:29am
Quoting ForexGoose
sold from 1709, stop loss above 1721, target 1683 {image}
exited position at 1701, I will wait until after the NY open to sell rallies, if any

ISM Manufacturing PMI data might cause a spike up
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-09-01_07-28-41.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,291
  • Sep 1, 2022 4:53am Sep 1, 2022 4:53am
Quoting aahmad29
I am setting up monthly target for me. September Target = 20,000 points
Please could you tell us how you do it. I mean what are you looking for to set up your trades? Only according your chart above?
  • #3,292
  • Sep 1, 2022 5:45am Sep 1, 2022 5:45am
Quoting ForexGoose
{quote} exited position at 1701, I will wait until after the NY open to sell rallies, if any ISM Manufacturing PMI data might cause a spike up {image}
sadly, the fall to 1683 has started without me
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-09-01_08-44-52.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,293
  • Sep 1, 2022 6:19am Sep 1, 2022 6:19am
Quoting ForexGoose
{quote} exited position at 1701, I will wait until after the NY open to sell rallies, if any ISM Manufacturing PMI data might cause a spike up {image}

Good idea, couldn't help but notice most have reverted to short, mebbe time to buy a few more back.

Attached Image (click to enlarge)
Click to Enlarge Name: ppp Precious.png Size: 28 KB
"Don't Shoot Me I'm Only the Piano Player"
  • #3,294
  • Sep 1, 2022 8:06am Sep 1, 2022 8:06am
Quoting ForexGoose
{quote} sadly, the fall to 1683 has started without me {image}
I want to add one long position so what do you think , 1683 is confirmed price target?
Love for all; Hatred for none.
  • #3,295
  • Sep 1, 2022 8:10am Sep 1, 2022 8:10am
Quoting aahmad29
{quote} I want to add one long position so what do you think , 1683 is confirmed price target?
Good question. I always close short positions too early, never mind, I'm just a mug punter (that's Aussie slang). : )

Attached Image (click to enlarge)
Click to Enlarge Name: Price_less.png Size: 26 KB
"Don't Shoot Me I'm Only the Piano Player"
  • #3,296
  • Sep 1, 2022 8:13am Sep 1, 2022 8:13am
Quoting aahmad29
{quote} I want to add one long position so what do you think , 1683 is confirmed price target?
buy limit from 1683 with a stop loss under 1675 could be a safe trade tomorrow, but there is more risk for downside, I think
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-09-01_11-12-40.png Size: 39 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,297
  • Sep 1, 2022 8:23am Sep 1, 2022 8:23am
Quoting kofix11
{quote} Please could you tell us how you do it. I mean what are you looking for to set up your trades? Only according your chart above?
I am using multiple things for trading. There is no such holy grail. You can not trade by using one trading system. I am not good in analysis so I use trading system to analyze. I keep 10-11 positions and keep buying or selling with fix lot size and then hold my positions until market turn. My targets are based on FVG concept on higher time frame. That’s how I know my target. For now my bullish target is 1793 so I will hold my positions. I am not full time trader so don’t mind holding my trades.

For FVG concept, “1M Price action system “ is good one. I use trading focal points for cycles concept.
Love for all; Hatred for none.
  • #3,298
  • Sep 1, 2022 12:32pm Sep 1, 2022 12:32pm
Posting chart from my phone so not very clear but last bullish move broke bearish trend line but then came back to lower price. Now let’s see if 1683 proves to be strong support for double bottom and trend change.
Attached Image (click to enlarge)
Click to Enlarge Name: 67E4E4C3-B4F9-4743-BF45-92B5D5653E9E.jpeg Size: 515 KB
Love for all; Hatred for none.
  • #3,299
  • Sep 1, 2022 11:00pm Sep 1, 2022 11:00pm
Quoting yani38
{quote} Good question. I always close short positions too early, never mind, I'm just a mug punter (that's Aussie slang). : ) {image}

Not too much happening with this one last 16 hrs or so, range trading, 1694>1701 or thereabouts. No damage I guess for those in new short under 1690, for now, remembering the more work this does the longer will be the the break, see how we go.

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-09-02_155454.png Size: 24 KB
"Don't Shoot Me I'm Only the Piano Player"
  • #3,300
  • Sep 1, 2022 11:28pm Sep 1, 2022 11:28pm
Attached Image (click to enlarge)
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"Don't Shoot Me I'm Only the Piano Player"
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