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Gold

  • #33,881
  • Jun 6, 2024 9:33pm Jun 6, 2024 9:33pm
gold - daily candle
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  • #33,882
  • Jun 6, 2024 9:42pm Jun 6, 2024 9:42pm
Quoting Bakker
Now for the long haul: {image}
Okay, daily brought us good pips, its now time to move on to weekly

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  • #33,883
  • Jun 6, 2024 10:11pm Jun 6, 2024 10:11pm
Daily brought us 1000p, not bad.
  • #33,884
  • Jun 6, 2024 10:17pm Jun 6, 2024 10:17pm
You guys must tell me if these posts irritates you, if its an annoyance I will stop it.
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  • #33,885
  • Jun 6, 2024 10:25pm Jun 6, 2024 10:25pm
Quoting Bakker
You guys must tell me if these posts irritates you, if its an annoyance I will stop it. {image}
There are a lot of irritants on FF ...for me this isnt one of them.
I enjoy having a look at what others see and i have missed.
thanks
Its all just one persons opinion
  • #33,886
  • Jun 6, 2024 10:31pm Jun 6, 2024 10:31pm
Quoting axecap
{quote} There are a lot of irritants on FF ...for me this isnt one of them. I enjoy having a look at what others see and i have missed. thanks
Thanks for the reply, you know how to interpret the pictures, do you?
  • #33,887
  • Jun 6, 2024 10:41pm Jun 6, 2024 10:41pm
Small correction for the bulls so the other bulls can buy at Asian lows but DXY is sitting on the discount zone and swing buy OB’s across multiple timeframes is Gold safe
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ryoiki tenkai : Blue Juggernaut
  • #33,888
  • Jun 6, 2024 10:53pm Jun 6, 2024 10:53pm
lf a buy after this pullback
  • #33,889
  • Jun 6, 2024 10:54pm Jun 6, 2024 10:54pm
Quoting Bakker
{quote} Thanks for the reply, you know how to interpret the pictures, do you?
I can count to six from a doji.... Its not a strategy I have used but Im keeping an on it out of interest.
Its all just one persons opinion
  • #33,890
  • Jun 6, 2024 11:08pm Jun 6, 2024 11:08pm
Quoting Bakker
You guys must tell me if these posts irritates you, if its an annoyance I will stop it. {image}
Please do not take offence, I am always interested to learn something new and to see other traders point of view.
But if you are willing to share something for some reason, it would make sense to explain it. Otherwise it is just some random screenshot of candles with random candle counting.
  • #33,891
  • Jun 6, 2024 11:34pm Jun 6, 2024 11:34pm
Quoting zuko
{quote} Please do not take offence, I am always interested to learn something new and to see other traders point of view. But if you are willing to share something for some reason, it would make sense to explain it. Otherwise it is just some random screenshot of candles with random candle counting.
Hi Zuko, my understanding is (Bakker will no doubt correct)
Doji candle means change of direction.
6 candles later the change becomes obvious and a new trend could happen
Doji candles in higher time frames are more relevant (h4)
Applies more when trending rather than consolidating
Its all just one persons opinion
  • #33,892
  • Jun 6, 2024 11:34pm Jun 6, 2024 11:34pm
Gold - 5min ...

two entry happy end friday
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  • #33,893
  • Jun 7, 2024 12:04am Jun 7, 2024 12:04am
Quoting axecap
{quote} Hi Zuko, my understanding is (Bakker will no doubt correct) Doji candle means change of direction. 6 candles later the change becomes obvious and a new trend could happen Doji candles in higher time frames are more relevant (h4) Applies more when trending rather than consolidating
Thanks for explanation, it is getting more clear and rises some more questions, but most likely I will not dig further

Ok, maybe just a bit, out of curiosity why exactly 6 candles? And if we look for doji in H4, then in which timeframe counting is done and where is the starting point?
  • #33,894
  • Jun 7, 2024 12:06am Jun 7, 2024 12:06am
Quoting Hulkisbck
Gold - 5min ... two entry happy end friday {image}
Obviously very nice trades, regardless of the size you took! For the fibs, may i ask how you drew them around these levels?
  • #33,895
  • Jun 7, 2024 12:08am Jun 7, 2024 12:08am
Quoting axecap
{quote} Hi Zuko, my understanding is (Bakker will no doubt correct) Doji candle means change of direction. 6 candles later the change becomes obvious and a new trend could happen Doji candles in higher time frames are more relevant (h4) Applies more when trending rather than consolidating
I agree 100%. I just can't see why people can't understand the 6 candle principal, when the 6th candle cross the line (level) you need to switch to a lower TF to look for a formation which will be in 90% of the cases se same as the longer one. I can't tell them more because then I expose my whole strategy of how to pin point the entry. Will post a line graph indicating how valuable a doji is. If you want to make big money you only have to trade dojis.
  • #33,896
  • Jun 7, 2024 12:15am Jun 7, 2024 12:15am
New trade

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  • #33,897
  • Jun 7, 2024 12:23am Jun 7, 2024 12:23am
But, perhaps i see it wrong; if you count 6 candles on H4 after a Doji, that means that you wait a day for a (HTF) trade.
I also see you post DOJI's on 30M TF, so that means that you are also looking on LTF count(s) for trades, right?
  • #33,898
  • Jun 7, 2024 12:30am Jun 7, 2024 12:30am
Quoting Xces
{quote} Obviously very nice trades, regardless of the size you took! For the fibs, may i ask how you drew them around these levels?
thanks bro, its very simple fibao entry... nothing else... take entry at 50%
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  • #33,899
  • Jun 7, 2024 12:38am Jun 7, 2024 12:38am
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  • #33,900
  • Jun 7, 2024 12:42am Jun 7, 2024 12:42am
The Asian run is done.
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