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  • #33,101
  • May 22, 2024 12:01pm May 22, 2024 12:01pm
Quoting ScalaFX
{quote} closing all, month target arrived
welldone boss!!!
  • #33,102
  • May 22, 2024 12:18pm May 22, 2024 12:18pm
Bulls Volume are fighting to move price up, however there are still too many Bears Volume. Let's see where price goes after a retest from current support in Asia session.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold chart bulls, bears fight.PNG Size: 98 KB
Click to Enlarge Name: 3. Gold chart bulls, bears fight.PNG Size: 100 KB
  • #33,103
  • May 22, 2024 1:05pm May 22, 2024 1:05pm
Quoting krishn
so far on demo account it has been a consistent profitable trade on gold. {image} {image}
I REALLY LOVE THAT DASHBOARD
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #33,104
  • May 22, 2024 1:41pm May 22, 2024 1:41pm
Quoting holaralph78
{quote} I REALLY LOVE THAT DASHBOARD
Thank you for loving the dashboard.

Bulls are trying with all might to push price for Gold up, but Bears are likely winning still for the time being with their volumes. Placed a Sell order: let's see the result with an auto-trailing stop.
Attached Image (click to enlarge)
Click to Enlarge Name: 7. Gold chart bulls, bears fight.PNG Size: 101 KB
  • #33,105
  • May 22, 2024 1:51pm May 22, 2024 1:51pm
Sorry, but Your dashboard looks like a train control panel.....!
  • #33,106
  • May 22, 2024 1:58pm May 22, 2024 1:58pm
Quoting smd101
Sorry, but Your dashboard looks like a train control panel.....!
Lol true! Never thought of it, thanks for complimenting and giving it a name = Train Control Dashboard.
  • #33,107
  • May 22, 2024 2:01pm May 22, 2024 2:01pm
Quoting krishn
Bulls Volume are fighting to move price up, however there are still too many Bears Volume. Let's see where price goes after a retest from current support in Asia session. {image} {image}
I never think to trade on DEMO with those colourful Stuff Even .
You are a Brave man
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #33,108
  • May 22, 2024 2:10pm May 22, 2024 2:10pm
Quoting mhmdghaeni
{quote} I never think to trade on DEMO with those colourful Stuff Even. You are a Brave man
Cheers1 I can agree too, just using on demo trades mostly. It's somewhat quite reliable and also unreliable to only use this dashboard with a bias as price fluctuates so quickly, however on a real account one's must always do their homework before putting a trade.
  • #33,109
  • May 22, 2024 2:11pm May 22, 2024 2:11pm
Quoting krishn
{quote} lol true! Never thought of it, thanks for complimenting and giving it a name = train control dashboard.
please what is the effect of positive swap during trade carry overs
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #33,110
  • May 22, 2024 2:15pm May 22, 2024 2:15pm
Quoting holaralph78
{quote} please what is the effect of positive swap during trade carry overs
I will say that this varies with pairs being traded as a result.
  • #33,111
  • Edited 6:06pm May 22, 2024 5:30pm | Edited 6:06pm
Quoting Orand
Long 2378.50 SL : 2375.50 (SL hit) TP : 2383.50 ------------------- End of Trade : - 88PIP Lessons : I kind of overtrade I guess , in addition My TP need adjustment I think , I should wait for better entry ----------------- Short Term Bias : Short , Long Term Bias : Short Status : Minus ( -30pip, +5pip, -15pip,0pip, -30pip,-30pip . +40 Pip, +132Pip, +20 pip, -30pip, -30pip,-30pip, -30pip ,-30 pip,-30pip) Total : -88pip 1
hello,
you stop loss was too close you need o give GOLD Breathing room,
atleast for me it is 10-15$ move,
and target are as well 15-20$ move.
just saying.
Good luck gold is Volatile even under normal trading days it was not a good idea for gold o have 5$ stop loss,
and now with GEO problems trust me i hold my sell from 2420 till 2445
then it hit my target of 2400 and second trade at 2390
that is not trading its scalping and gold scalp is much more risky now a days
yout stop loss hit more often then you think.
have a look at your past few months trading history and you will understand what i mean,
good luck man.
Don't compare your Trades with Others
  • #33,112
  • May 22, 2024 6:27pm May 22, 2024 6:27pm
Quoting krishn
{quote}I will say that this varies with pairs being traded as a result.
does positive and negative swaps works with trend
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #33,113
  • May 22, 2024 7:07pm May 22, 2024 7:07pm
Before i went to sleep i put long 2375 with 7$ sl..

what a shame 70pips lost
  • #33,114
  • May 22, 2024 7:11pm May 22, 2024 7:11pm
Quoting Whale
Before i went to sleep i put long 2375 with 7$ sl.. what a shame 70pips lost
no bro dònt blame yourself. you will recover ur money and many more
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #33,115
  • May 22, 2024 7:13pm May 22, 2024 7:13pm
Quoting holaralph78
{quote} no bro dònt blame yourself. you will recover ur money and many more
no other option.

Now the liquidity around 2371 taken.

i have no plan atm, but for sure not to sell.
2368 should act as support, else 2346 will be the next.

maybe gold above 2375 could open the gat for new trade
  • #33,116
  • May 22, 2024 8:50pm May 22, 2024 8:50pm
Quoting fontu
{quote} anything can happen usdx on an intermediate support , like other pairs did crazy bull on an intermediate sr at the end of last week , so may usdx can do lately. if breaks limit up 104.83 , then likely bounce further up to tl and breakout upside ok , and possible . no doubt weekly and monthly showing strong bearish !take care {image}
thank you for ur reminding me.
i often looks DXY
Heo Con Lon Ton | FX and Commodities Trader
  • #33,117
  • Edited 10:02pm May 22, 2024 9:38pm | Edited 10:02pm
Checking pa , weekly 3rd candle up correcting , daily 3rd running down may correct up too and again tl support nearby 2360 / 55 around ! Anyway once correct it may breakout down towards 2250 in strong to standard bull or even below in weak bull still . Let's see , very strong bull over 2360/ 55 plays or not , if no withstand then breakout in standard bull towards and below 2336 , test 2300 and down ok .
Now today/this weak 's possible range may 2355 to 2402 , huge still
Usdx also got strong resistance , likely correct before any bounce further.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download (17).png Size: 18 KB
Click to Enlarge Name: download (18).png Size: 19 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #33,118
  • May 22, 2024 10:01pm May 22, 2024 10:01pm
The result after last night Asian session demo trade closed in a profit = £870.85.

The trade was taken on the bearish candle on the big Red Arrow only that I placed manually as Bears Volume were seen to be still greater than Bulls Volume at that time.

Going to work now so sadly cannot monitor on this dashboard to place another demo trade to verify another result like previously. Safe trading everyone and enjoy your day trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 8. Gold chart bulls, bears fight = £870 closed in profit.PNG Size: 101 KB
Click to Enlarge Name: 8.1 Gold chart bulls, bears fight - £870.85 trade yesterday closed in profit.PNG Size: 105 KB
  • #33,119
  • Edited May 23, 2024 4:06am May 22, 2024 10:07pm | Edited May 23, 2024 4:06am
Long at 2373.20
SL : 2370.2 (SL HIT)
TP 2376.20 (R:R:1)
-----
Short at 2362.30
SL :2365.30 (SL hit)
TP : 2358.30
------------
Short : at 2365.20
SL : 2368.20
TP : TBD (TP set to 2355) (closed Manually at 2357.8)
-----------------
Long : 2357.50
SL : 2354.50
TP : 2361.50 (TP hit)
------------------
Short : at 2359 (My stop order triggered was not sure about this )
SL : 2362 (SL hit)
TP : 2355.5
-----
Long at 2362
SL : 2359
TP : 2366 (TP hit)
----------------
Short Term Bias : Long, Long Term Bias : Long
Status : Plus, (-30pip,-30pip,+73pip,40pip,-30pip,40pip) , Total : +63pip
Today Win Ratio : 3/6 or 50%
  • #33,120
  • May 22, 2024 11:01pm May 22, 2024 11:01pm
Quoting Orand
Long at 2373.20 SL : 2370.2 (SL HIT) TP 2376.20 (R:R:1) ----- ----- Short Term Bias : Short, Long Term Bias : Short Status : Minus, (-30pip) , Total : -30pip
why you took long at resistance?
Be Calm In Every Situation
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