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Gold

Quoting SadiaQureshi
On Exness i am unable to Enter trade on Gold it says "Off Quotes", what it mans ??
Rollover time, wait 13 minutes
TechKnow
Quoting spagfx
{quote} I thought about that day as well but it sold off hard after that happened and I don’t expect anything like that this time. Retracement’s are healthy for this market but I don’t expect them to be big.
Time will tell. Keep in mind price pumped $40 and is now down $30 within 30 minutes. I genuinely do think we see 2160 first before we continue up now, $30 isn't that far away when it comes to gold
Quoting Xauusdscalpr
{quote} Time will tell. Keep in mind price pumped $40 and is now down $30 within 30 minutes. I genuinely do think we see 2160 first before we continue up now, $30 isn't that far away when it comes to gold
You aint lyin! 30 dollars is nothing on gold, that is 100% accurate. A swing like that takes no time at all. Lets see how this hourly closes.
TechKnow
Quoting Techknow
{quote} I lost 6 figures in less than 10 seconds before on gold about 13 years ago. It happens. Youll see bigger and better ones in your future, friend
Hi
Can you tell us about this terrible experience?

My experience today:
I did not have few seconds to fund my account, marging call!!
Quoting Zaatar
{quote} Hi Can you tell us about this terrible experience? My experience today: I did not have few seconds to fund my account, marging call!!
Ha, i was actually on a finance podcast about this exact situation. The story is, there was a flash crash from an early news release that was corrected after the fact. I lost about 860k in 4 seconds and then triggered ANOTHER position on a huge amount of slippage and that closed out with a trailing TP for +200k or so so i lost about 660k in all of say 10 seconds or so. I learned a lot that day

Dont ask the podcast not here for all that.
TechKnow
Gold doing WHALE again..... damn...
study of behavior and mind,conscious and unconscious
Still can not enter trade, how long to wait ??
Muhammad Kashif
Quoting Xauusdscalpr
{quote} Rule number 1 of trading There is no such thing as "normal levels" The market will do what it wants, and the "normal level" is price at the exact time it is at. Just because you think it should be in that range does not mean the rest of the market does. Infact, price action right now pumping $40 to 2220 should show you exactly that. You are clearly new here, please refrain from posting so much and just listen and take notes, it will be best for you and everyone else.
I never seen such a stupid response like the one you just made, u r not in a position to refrain me from doing anything … my advice to you is SHUT UP OR PUT UP
Please can we not be like GBPUSD thread…

Lets be respectful/polite towards others opinion.

Good info to consider from most. Saved a lot of money today thanks to insights from certain folks here
Quoting H.z
{quote} I never seen such a stupid response like the one you just made, u r not in a position to refrain me from doing anything … my advice to you is SHUT UP OR PUT UP
You come across as an emotional child.

I've read your past posts, it's clearly fuelled by bias with you claiming price will go back to 2150 because the market "hasn't digested news" or whatever you're on about.

Like I said, stop talking so much and listen. You offer nothing of value regarding "the gold"
Quoting SadiaQureshi
Still can not enter trade, how long to wait ??
can already
TechKnow
Quoting Xauusdscalpr
{quote} You come across as an emotional child. I've read your past posts, it's clearly fuelled by bias with you claiming price will go back to 2150 because the market "hasn't digested news" or whatever you're on about. Like I said, stop talking so much and listen. You offer nothing of value regarding "the gold"

Emotional can be prevented. Sometimes you can read people when they post. When they keep posting or keep saying. Its because they were in a position that running on a big floating loss be it holding longs or short.
Actually all this can be prevented if their mindset is set. Stick to risk management. Dont aim for pips, alot of traders tend to have this mindset of wanting more. The ego of wanting 100-500 pips everyday. Just get your 1%-3% or maybe max cap at 7%. It doesnt matter if u close early and end your trade for the day eventhough there is many opportunities to enter after closing your trade. What matters most is discipline. If u playing with big account 1% daily, you would gain 30% after 30 trading days. It is more than enough.

That is the ONLY MAIN REASON WHY EVERY BROKERS KEEP STATING THAT 98% OF RETAIL TRADERS LOSE THEIR CAPITAL.

Its because they chasing their actual tp which usually aint realistic. U cannot consistently hit ur tp daily. JUST CHASE %. Trust me it will help you.
Trading should be peaceful
Being said that. If you think you are LOSING IT. Just CUT IT. There is always another days.
What tomorrow holds you never know. What you do today will set your path tomorrow.
Trading should be peaceful
Hello Experts,
Please suggest:
i have one lot gold buy at 2140
i have .5 gold sell @2080 and .5 @ 2075.
I have total around 6000 + loss but still i have 2000+ margin.
How to safely come out from present situation.
Thanks in advance
Quoting Xauusdscalpr
{quote} Why are you shorting an aggressively bullish market? FOMC was extremely dovish and that has completely shifted sentiment for where gold should go over the next few weeks. Incase you don't understand what that means, it means UP.
I usually do counter trend trades. Thats my strategy.
ma ma make me happy
Quoting hanzohas
{quote} I usually do counter trend trades. Thats my strategy.
Well I hope you have what it takes to hold drawdown to 2300
Quoting Xauusdscalpr
{quote} Well I hope you have what it takes to hold drawdown to 2300
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just my opinion , its really none of your business what he does he gave his opinion and he is entitled to it , but your ego would not let it go and you needed the last word
people leave, but this thread will go on for ever
Quoting Xauusdscalpr
{quote} Well I hope you have what it takes to hold drawdown to 2300
Don't worry about me. How can you be so firm that it will touch 2300?
ma ma make me happy
Quoting Xauusdscalpr
{quote} You come across as an emotional child. I've read your past posts, it's clearly fuelled by bias with you claiming price will go back to 2150 because the market "hasn't digested news" or whatever you're on about. Like I said, stop talking so much and listen. You offer nothing of value regarding "the gold"
I have no idea what’s ur background but u can easily tell where you came from … I won’t argue more with you … do you know why? Coz I learned that never fight with a pig in his mud
Man what a move.

I have a lua script attached to wine terminal64.exe MT5 that goes FULL margin when RSI hits 90.

This stuff went RSI 98.80 on the 1M.

I was like what the...? It trigger 21 sell orders at 2222 across 4 brokers man what a move.
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