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  • #16,841
  • Aug 25, 2023 3:09pm Aug 25, 2023 3:09pm
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  • #16,842
  • Aug 25, 2023 3:16pm Aug 25, 2023 3:16pm
Quoting Mohamad-java
{image}

nice trade report ...but can u unlock the unrealised part of your account so we can see the drawdown your sitting in
short trump and go long the deepstate
  • #16,843
  • Aug 25, 2023 3:16pm Aug 25, 2023 3:16pm
another week not seeing 1935-45.
any hope next week?
  • #16,844
  • Aug 25, 2023 3:18pm Aug 25, 2023 3:18pm
Quoting Biana
another week not seeing 1935-45. any hope next week?
only if china dumps dollars sunday
short trump and go long the deepstate
  • #16,845
  • Aug 25, 2023 3:22pm Aug 25, 2023 3:22pm
Checking why not correct down to up try at this weekend while daily doji active, limits down broken, so top failure too. Weekly printed engulfying candle, all up and down it likely before stillbull for 2 more weeks and as monthly engulfying down, ranges may limited up! So next both bull bear to play before decesion at this present range, up likely and weekly! Take care, fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,846
  • Aug 25, 2023 4:09pm Aug 25, 2023 4:09pm
i got a sell sig on very last 15 min candle so price should gap down sunday...lets see if it happens
short trump and go long the deepstate
  • #16,847
  • Aug 25, 2023 4:11pm Aug 25, 2023 4:11pm
All that rate speech excitement just for price to move back up like it never even happened lol
  • #16,848
  • Edited 5:57pm Aug 25, 2023 5:33pm | Edited 5:57pm
Quoting sharingan9
All that rate speech excitement just for price to move back up like it never even happened lol
good thing i made a mistake playing with my tp lol
short trump and go long the deepstate
  • #16,849
  • Aug 26, 2023 2:08am Aug 26, 2023 2:08am
Quoting Mohamad-java
Overlap of dynamic support and static support areas in the 1904 area follow me {image}
where to see all your previous analysis..
Everything, what's meant to be will find its way
  • #16,850
  • Aug 26, 2023 3:36am Aug 26, 2023 3:36am
Quoting fontu
Checking why not correct down to up try at this weekend while daily doji active, limits down broken, so top failure too. Weekly printed engulfying candle, all up and down it likely before stillbull for 2 more weeks and as monthly engulfying down, ranges may limited up! So next both bull bear to play before decesion at this present range, up likely and weekly! Take care, fontu {image} {image} {image}
Dear fonto, first of all thanks for sharing your trading idea. My understanding of your recent analysis : whole pattern you considered is much like a terminal impulse (because wave #4 and wave #1 have overlap), so price is in wave #4 which is not finished yet and will go to 1906 level and after that a truncated wave #5 will go up which may not reach to top of wave #3 so price may not go further 1923 and probably wave#5 may finish at 1920 level and after that a sharp drop to 1890 level. Because terminal pattern will retrace sharply the whole impulse #12345. Please kindly let me know your opinion.
  • #16,851
  • Aug 26, 2023 4:14am Aug 26, 2023 4:14am
Quoting Mohamad-java
{image}
Congrats, be careful though many “account managers” here
  • #16,852
  • Aug 26, 2023 4:19am Aug 26, 2023 4:19am
Quoting d1zzy
{quote} Congrats, be careful though many “account managers” here
Hey d1zzy....I hope you have end the week with green pips. Happy Trading and have a gorgeous weekend.
  • #16,853
  • Aug 26, 2023 4:40am Aug 26, 2023 4:40am
weekly close beautifully, created a fairly strong support, also seen in h1. but h1 support can be broken easily from the looks of it.
h4 close no bottom wick.
expecting price to retest 1906, before retesting the weekly highs to break 1923 and touching 1926.

this is my assumption after powell speech, that inflation is already going down. but is still at all time high. so definititely another hike after nfp.
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Trading is very lonely
  • #16,854
  • Aug 26, 2023 5:23am Aug 26, 2023 5:23am
Hello all and thank you for sharing your knowledge here. It has been helping me last two weeks to understand a lot more about the Gold market.

I am new to trading. I had experience in 2015 while Gold was said to fall to a price that it wasn't worth it for the mines to extract it in some corners of the world. after that I had no access to any account to trade until recently.

So I am reading the Elliott Wave principle by Constance M brown and Just very new to this science so I am most probably wrong. But the chart appears to me like this that I show in the picture. So the constant move down to 1885 was the third wave and it has respected the 0.382 fibo and It will go for a fifth wave? there are some news to help it next week.

I am sure I am wrong about it but I hope as I learn more I can contribute to the thread.
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  • #16,855
  • Aug 26, 2023 6:27am Aug 26, 2023 6:27am
Quoting parveenverma
{quote} Hey d1zzy....I hope you have end the week with green pips. Happy Trading and have a gorgeous weekend.
Yes brother I did, got out of my shorts with a small profit and managed to get in early on the bounce up from the low so some good profits secured there as well. Hope you had a good week too brother have a good weekend!
  • #16,856
  • Aug 26, 2023 8:29am Aug 26, 2023 8:29am
Hi guys currently using exness. Please suggest if the broker is reliable or of better brokers are available as thinking of making a big account in terms of initial deposit
  • #16,857
  • Aug 26, 2023 8:39am Aug 26, 2023 8:39am
Quoting Naush
Hi guys currently using exness. Please suggest if the broker is reliable or of better brokers are available as thinking of making a big account in terms of initial deposit

Avoid. Got better recognised brokers out there
Trading is very lonely
  • #16,858
  • Aug 26, 2023 9:08am Aug 26, 2023 9:08am
Quoting luckytujuh
{quote} Avoid. Got better recognised brokers out there
please suggest your top picks
  • #16,859
  • Aug 26, 2023 9:18am Aug 26, 2023 9:18am
Quoting Naush
{quote} please suggest your top picks

Blueberry - im using because direct acc low swap. No commision on gold. Legit broker

Xm- my previous broker legit broker. Have a swap free acc. Has loyalty points

Ic market. Low spread no commision too

Blackbull - normal spreads but legit broker

Interactive broker - legit top broker for top traders

Ameritrade - longest broker with ecn but with commission fastest execution


Just avoid brokers that has withdrawal . Example when u withdraw its not from their company. But some random people. Those are offshore brokers.

I would recommend blueberry or blackbull

Dont go for high leverage trust me. U dont want 1:1000 or 1:2000
Just go for 1:500 is purely enough. If u can get consistent profits.

You never know that one day u might go for propfirm such as ftmo or mff
Trading is very lonely
  • #16,860
  • Aug 26, 2023 9:34am Aug 26, 2023 9:34am
Quoting maleki616
{quote} Dear fonto, first of all thanks for sharing your trading idea. My understanding of your recent analysis : whole pattern you considered is much like a terminal impulse (because wave #4 and wave #1 have overlap), so price is in wave #4 which is not finished yet and will go to 1906 level and after that a truncated wave #5 will go up which may not reach to top of wave #3 so price may not go further 1923 and probably wave#5 may finish at 1920 level and after that a sharp drop to 1890 level. Because terminal pattern will retrace sharply the whole...
yes once overlap wave 1 and 4 means the total wave up was not in impulse at all ,, wave b to c only was. so a top failure at "a"printed to correct near base to b before last leg up at c up! now at this present swing of b wave down , upper phase /supply already worked , broke into body at 1911 , played 1903+ can even support at a tl but in only very very strong bull extension situation like a to c without seizable b !! may not here still. as price bounce to supply again will wait reenter body break and hold 1911.78 towards best target 1889.10 low , where body can be upto pullback 1895. lets see how strong weekly bull play and if allow full depth correction down to up more ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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