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  • #33,141
  • May 23, 2024 8:36am May 23, 2024 8:36am
gold and usdx moving together , unable bounce with a bottoming pa , signal up given 2369 tested but unable breaks up 2371/73.83. waiting breaks 2360 down or still chance bounce continue as a last leg up gold ! take care
so if now price breaks 2361.88 and 2360.50 then likely going to test previous low 2354 and bear continue towards next level sr 2336!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #33,142
  • May 23, 2024 8:37am May 23, 2024 8:37am
Quoting SkullCandy
Hello comrades. Short taken today as first execution. Trade safe {image} {image}
Spot on. Is there something specific you look at considering there was news? I'm learning, and have been told by a mentor not to trade the news on the lower time frames.
  • #33,143
  • May 23, 2024 8:46am May 23, 2024 8:46am
Quoting giveachance
another hot data in next 10 mins and gold will surely break 2350. markets will start factoring rate hikes sometime next year
going in the right direction. 2356 is a tough nut to crack but markets will manage somehow. another print in 10 mins
  • #33,144
  • May 23, 2024 8:52am May 23, 2024 8:52am
Great News for the US economy today , so it seems dollar will be ripping higher and gold will continue lower way past 2350 levels even, but i highly doubt the USA will push back rate cuts to next year off this data alone , afterall the key data for rate cuts is the CPI numbers so at least till we get the CPI numbers for the short tem gold will be bearish and dollar bullish
  • #33,145
  • May 23, 2024 8:53am May 23, 2024 8:53am
Quoting giveachance
another hot data in next 10 mins and gold will surely break 2350. markets will start factoring rate hikes sometime next year
done. 2336 is next if there is follow up selling
  • #33,146
  • May 23, 2024 9:02am May 23, 2024 9:02am
housing data is a problem just like china markets. employment is pretty stroing though followed by manufacturing PMI's
  • #33,147
  • May 23, 2024 9:10am May 23, 2024 9:10am
Quoting Amcarter317
{quote} Spot on. Is there something specific you look at considering there was news? I'm learning, and have been told by a mentor not to trade the news on the lower time frames.
Im not event trader, but i look when those events happen and trying to stay away from it.
Also i use lower time frame to get better entries,only for it.
Trade safe.
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,148
  • May 23, 2024 9:14am May 23, 2024 9:14am
Quoting SkullCandy
{quote} Im not event trader, but i look when those events happen and trying to stay away from it. Also i use lower time frame to get better entries,only for it. Trade safe. {image}
Closed, im out .
Trade safe and enjoy your day.
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Click to Enlarge Name: screenshot.png Size: 9 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,149
  • May 23, 2024 9:16am May 23, 2024 9:16am
Quoting SkullCandy
{quote} Closed, im out . Trade safe and enjoy your day. {image}
Added one more.
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Click to Enlarge Name: screenshot.png Size: 9 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,150
  • May 23, 2024 9:17am May 23, 2024 9:17am
Quoting W0lfram
{quote} Added 2439
Closing at 2351
Air force
  • #33,151
  • May 23, 2024 9:21am May 23, 2024 9:21am
Quoting Orand
on lookout for long setup Buy limit 2367 (manually changed to 2367.70 and filled ) SL : 2364.70 (SL Hit) TP : Open --------------- Long : at 2363.80 SL : 2360.80 (SL hit ) (it was really a bad trade and bad entry)(direction was correct but bad timing by 5 min ) TP : Open (Set to 2365.80) ------------------ Short : at 2366 SL : 2369 (SL hit) TP : TBD ------------------------- Short : 2368.50 SL :2371.50 TP :TBD (TP set to 2358.50) (TP hit) ------------------------- add Short : at 2365 SL : 2368 (SL move to BE :2365)...
End of Trade (I can not continue mentally )
Lesson : it's always good to aim for R:R more than 1 , I was able to score 270pip with 54% win Ratio
shorter stop it's better for me because with wider stop i tend to move my SL
I need to work on my patience and entry setup
----------------
Short Term Bias : Short, Long Term Bias : Short
Status : Minus , (-30pip,-30pip,+73pip,40pip,-30pip,40pip,-30pip,-30pip,-30pip, 100pip, 96pip, 40 pip, 60 pip ) , Total : + 269pip
Today Win Ratio : 7/13 or 54%
  • #33,152
  • May 23, 2024 9:23am May 23, 2024 9:23am
Quoting SkullCandy
{quote} Added one more. {image}
Hedge close, targets reached time for food and rest.
Wish everyone happy hunting
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,153
  • May 23, 2024 9:26am May 23, 2024 9:26am
Quoting SkullCandy
{quote} Hedge close, targets reached time for food and rest. Wish everyone happy hunting {image}
Hunting is over we nailed her today
average dude treading water
  • #33,154
  • May 23, 2024 9:59am May 23, 2024 9:59am
Quoting hanzohas
{quote} My warning was for those that kept buying into HHs a few weeks back. If they didn't TP/SL they are still in the game. Looking at current consolidation they might be just on the other side of this possible peak. This could be a good chance to take a loss like a boss for people on the other side. {image}
I stopped focusing on TA after late April. When trying to catch big swings, its better to do strategic analysis and just keep calm. I am still holding to my shorts from 2240-2400. Buying into HHs is the ultimate high risk low reward option. It is very simple to arrive at this conclusion just by using common sense. We are back to consolidation area in two days. Let's see what will happen.
ma ma make me happy
  • #33,155
  • May 23, 2024 10:06am May 23, 2024 10:06am
Quoting MIKKI
{quote} Hunting is over we nailed her today
Hunting, love to hunt pips... Get rest for tomorrow
Inserted Video
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,156
  • May 23, 2024 10:13am May 23, 2024 10:13am
back . bear still running for beast supports , 2335/2332 exact ! always take +-3/4 and 2341 was a good level stop though ! so maximum precaution for any open trade !take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #33,157
  • May 23, 2024 10:19am May 23, 2024 10:19am
Quoting Scalper-N
h4 looking like a big M-pattern… maybe the sign of a reversal?

HERE WE GO!
  • #33,158
  • May 23, 2024 10:21am May 23, 2024 10:21am
Took longs for bonus, i think atleast
trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,159
  • May 23, 2024 10:26am May 23, 2024 10:26am
_______________ SL = man. Not showin to da dealers =
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Don’t focus on making $$$, focus on protecting what you have.
  • #33,160
  • May 23, 2024 10:28am May 23, 2024 10:28am
Quoting SkullCandy
Took longs for bonus, i think atleast trade safe {image}
No bonus today lol,
Till tomorrow .
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
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