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  • #15,121
  • Edited Aug 10, 2023 1:16pm Aug 9, 2023 2:01pm | Edited Aug 10, 2023 1:16pm
LT dump is building, sneaking in a buy short term.


Edit:
Close my long at 1921 before data.
Nicely sliding.
  • #15,122
  • Aug 9, 2023 2:04pm Aug 9, 2023 2:04pm
Quoting profits7
{quote} ____________ who's ur dealer m8 {image}
My chart we have a low of 1915.4 thats on MFF (prop firm)
I also have demo accounts with global prime and they have same price as well lol

Whos your broker????
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #15,123
  • Aug 9, 2023 2:56pm Aug 9, 2023 2:56pm
Quoting mastersplint
{quote} My chart we have a low of 1915.4 thats on MFF (prop firm) I also have demo accounts with global prime and they have same price as well lol Whos your broker????
___________ pepperstone
Don’t focus on making $$$, focus on protecting what you have.
  • #15,124
  • Aug 9, 2023 3:30pm Aug 9, 2023 3:30pm
If selling continues, maybe it will have support around 1910.
  • #15,125
  • Aug 9, 2023 3:50pm Aug 9, 2023 3:50pm
Quoting Eren10
If selling continues, maybe it will have support around 1910.
Possible but looks test previous low next day as apparently 3 drives up failed, breakout and though not it may not back above tl, but should above previos low 1892 !
If the swing actually started, breaks previous low next then much low, body /2nd 1/3 to play start! Lets see next days. Take care.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,126
  • Aug 9, 2023 5:41pm Aug 9, 2023 5:41pm
if this hourly candle closes over 1916 ill double upon longs
short trump and go long the deepstate
  • #15,127
  • Edited Aug 10, 2023 12:43am Aug 9, 2023 6:06pm | Edited Aug 10, 2023 12:43am
Quoting luckytujuh
{quote} nice to see u just opened a new account in pepperstone
Really, I'm not happy with their big spread.
I would be happy to get a recommendation for a good broker that does not have spread on XAUUSD
Success is not final, failure is not fatal... - Winston Churchill
  • #15,128
  • Aug 9, 2023 6:09pm Aug 9, 2023 6:09pm
Quoting Zebi
if this hourly candle closes over 1916 ill double upon longs
it did barely though so what's the action?
  • #15,129
  • Aug 9, 2023 6:14pm Aug 9, 2023 6:14pm
Quoting Zebi
if this hourly candle closes over 1916 ill double upon longs
it did barely though so what's the action?
  • #15,130
  • Aug 9, 2023 6:15pm Aug 9, 2023 6:15pm
Quoting Naush
{quote} it did barely though so what's the action?
i doubled up...sl and tp all the same

my system gave a buy signal..hope price stays above 1925 before cpi so can drop instead of being near 1900 cause will probably go up then
short trump and go long the deepstate
  • #15,131
  • Edited 7:55pm Aug 9, 2023 6:49pm | Edited 7:55pm
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Don’t focus on making $$$, focus on protecting what you have.
  • #15,132
  • Aug 9, 2023 8:17pm Aug 9, 2023 8:17pm
Quoting profits7
{image} {image} {image}

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Don’t focus on making $$$, focus on protecting what you have.
  • #15,133
  • Aug 9, 2023 8:39pm Aug 9, 2023 8:39pm
Quoting aahmad29
{quote} Buy 1972 TP 1954 Buy 1963 TP 1954 Buy 1972 TP 1954 Buy 1952 TP 1954 Buy 1942 TP 1954 Buy 1933 TP 1954 Buy 1923 TP 1954 Sell 1935 TP 1925 (Hit TP) Sell 1925 TP 1915 Sell Limit 1962 TP 1952 Sell Limit 1972 TP 1962 Sell Limit 1982 TP 1972 Sell Limit 1952 TP 1942 Sell Limit Buy Limit 1912 TP 1960
Buy 1972 TP 1954
Buy 1963 TP 1954
Buy 1972 TP 1954
Buy 1952 TP 1954
Buy 1942 TP 1954
Buy 1933 TP 1954
Buy 1923 TP 1954

Sell 1925 TP 1915 (Hit TP)

Sell Limit 1962 TP 1952
Sell Limit 1972 TP 1962
Sell Limit 1982 TP 1972
Sell Limit 1952 TP 1942
Sell Limit 1945 TP 1935
Sell Limit 1935 TP 1925
Sell Limit 1925 TP 1915
Buy Limit 1912 TP 1960
Love for all; Hatred for none.
  • #15,134
  • Aug 9, 2023 9:43pm Aug 9, 2023 9:43pm
No desire to face up to this bear. All mean reversion has been smacked down so far. Enjoying being right (for a change) and sitting tight. Ready for something wild around NY open.
  • #15,135
  • Aug 9, 2023 11:31pm Aug 9, 2023 11:31pm
Watching pa, and limit 1921.54. May try test, breaks then further up, tiwards h1, h4 tf another limit 1922.80. otherwise, Bottom test and may further bear as in M15 tf. And higher tf in strong bear! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #15,136
  • Aug 10, 2023 1:14am Aug 10, 2023 1:14am
Quoting Pipsolengelo
{quote} I don't understand the concept of value? How do we know if value is found at the close of NY session??
Value is the price at which buyers and sellers agree and the market is constantly seeking value. On a chart, value is found in consolidations or ranges. Value is what causes the range consolidations. The market forms a range around a level because the market considers the level to be fair value. The more the market ranges at the level, the more evidence that the market considers the level to be fair value.

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So I look for the widest consolidation in the US session and I look to see if it is in at the top or bottom of the session. If it is at top im looking for longs. If it is at bottom im looking for shorts. The value found in the US session needs to have been found because of pivot level breaks for me to feel confident in that value direction.
  • #15,137
  • Aug 10, 2023 1:26am Aug 10, 2023 1:26am
so far... the price still respect the QM level... so.. a reversal might happen.. or maybe a dip is about to happen.. let see.
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  • #15,138
  • Aug 10, 2023 1:32am Aug 10, 2023 1:32am
Quoting sharingan9
{quote} Value is the price at which buyers and sellers agree and the market is constantly seeking value. On a chart, value is found in consolidations or ranges. Value is what causes the range consolidations. The market forms a range around a level because the market considers the level to be fair value. The more the market ranges at the level, the more evidence that the market considers the level to be fair value. {image} So I look for the widest consolidation in the US session and I look to see if it is in at the top or bottom of the session. If...
Thanks for the explanation. More shorts coming then??
  • #15,139
  • Aug 10, 2023 1:36am Aug 10, 2023 1:36am
Quoting Pipsolengelo
{quote} Thanks for the explanation. More shorts coming then??
maybe... but right now let see if the price can break 1919.0 or the QM level...
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  • #15,140
  • Aug 10, 2023 1:50am Aug 10, 2023 1:50am
THIS IS WHAT I SEE...
DAILY = THE BEAR STILL STRONG... VERY..
H4 = WELL... STILL ON BEARISH MOMENTUM, BUT A SLIGHTLY BULLISH IS ON THE MOVE... MAYBE FOR A SHORT TERM... LET SEE..
M15 = LET SEE IF THE PRICE BREAK 1919 OR QM LEVEL... FOR ME.. IM GOING TO WAIT FOR A BEAR ... YEAH A SCALP FOR A BULL IS GOOD FOR NOW... BUT I MORE PREFER TO FOLLOW A TREND.. BEAR
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