Gold | Page 1708 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #34,141
  • Jun 10, 2024 8:47am Jun 10, 2024 8:47am
[quote=Bakker;14895306]
Quoting FxArt.Trader
{quote} {image} With respect, something like this convinced me more that such things are scams I didn't intend to say whether what he said is good or bad, I just expressed my opinion, because there are many advertisements like what our friends said are growing on YouTube. Will never pay anyone for their "systems", why would you pay if your own system has proven itself over an over again?
funny you say this, but aren't you looking for investment lol? If your strategy was so great you could literally start with small and build it up.
  • #34,142
  • Jun 10, 2024 8:49am Jun 10, 2024 8:49am
Quoting wiseguy0
{quote} This looks like hammer. But yea will be happy/ honored if you tell me what kind of doji is this {image}
looks like dragonfly doji, but its all nonsense. these are retail concepts
  • #34,143
  • Jun 10, 2024 8:52am Jun 10, 2024 8:52am
Quoting wiseguy0
{quote} This looks like hammer. But yea will be happy/ honored if you tell me what kind of doji is this {image}
Not a hammer
TechKnow
  • #34,144
  • Jun 10, 2024 8:54am Jun 10, 2024 8:54am
Quoting bedzocapital
{quote} looks like dragonfly doji, but its all nonsense. these are retail concepts
Candles are not nonsense they are one of the most powerful things you can use in all of trading. If you think they are nonsense read Steve Nison. You will have an entirely different outlook.
TechKnow
  • #34,145
  • Jun 10, 2024 9:03am Jun 10, 2024 9:03am
Quoting Techknow
{quote} Candles are not nonsense they are one of the most powerful things you can use in all of trading. If you think they are nonsense read Steve Nison. You will have an entirely different outlook.
Which one would you recommend (in order of latest release op top)?

  1. The Candlestick Course
  2. Japanese Candlestick Charting Techniques, Second Edition
  3. Beyond Candlesticks: New Japanese Charting Techniques Revealed

  • #34,146
  • Jun 10, 2024 9:04am Jun 10, 2024 9:04am
Quoting Techknow
{quote} Candles are not nonsense they are one of the most powerful things you can use in all of trading. If you think they are nonsense read Steve Nison. You will have an entirely different outlook.
Always beware of NYSE opening, it always throw a little spanner in the works, but if the trend is strong it will be shrugged off by the market.
  • #34,147
  • Jun 10, 2024 9:11am Jun 10, 2024 9:11am
Quoting wiseguy0
{quote} This looks like hammer. But yea will be happy/ honored if you tell me what kind of doji is this {image}
Dragon fly, also called hangman
  • #34,148
  • Jun 10, 2024 9:17am Jun 10, 2024 9:17am
Quoting since80808
{quote} Can you please show this H1 pa on a screenshot (not opening your long time developed strategy)?
Here is the current H4 with doji, the yellow line is the level to break. The next picture will show H1 not changing the yellow line.
Attached Image (click to enlarge)
Click to Enlarge Name: pietie2.png Size: 7 KB
  • #34,149
  • Jun 10, 2024 9:19am Jun 10, 2024 9:19am
First entry for today
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240610_191831.jpg Size: 486 KB
  • #34,150
  • Edited 9:37am Jun 10, 2024 9:20am | Edited 9:37am
Quoting Bakker
{quote} Here is the current H4 with doji, the yellow line is the level to break. The next picture will show H1 not changing the yellow line. {image}
H1 chart:
Attached Image (click to enlarge)
Click to Enlarge Name: pietie4.png Size: 8 KB


I need to stress however, and which is a key element in the whole setup whether it's M15, M30, H1, H4, Daily, Weekly or Monthly, but something I unfortunately cannot disclose. It's about ma crossovers which consists of 4 mas, 3 are sma and one is hma. The trade is on when the parting of the ma's are significant. A shallow parting is never on and the golden rule is to wait when all 4 mas are synchronized.

H4's mas are currently parting very well.
  • #34,151
  • Jun 10, 2024 9:29am Jun 10, 2024 9:29am
Quoting Bakker
the yellow line is the level
Do we get this level from here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240610_172725.jpg Size: 71 KB

or from here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240610_172747.jpg Size: 35 KB

?
Just an opinion. Based on research
  • #34,152
  • Jun 10, 2024 9:32am Jun 10, 2024 9:32am
Quoting Bakker
{image}
Btw wanted to ask:
Why do you need MAs crosses as you look for dojis and PAs (levels breaks)?
Just an opinion. Based on research
  • #34,153
  • Jun 10, 2024 9:42am Jun 10, 2024 9:42am
Quoting since80808
{quote} Btw wanted to ask: Why do you need MAs crosses as you look for dojis and PAs (levels breaks)?
If you know the system you will see why, but I can't elaborate unless I'm prepared to display the whole system. What I posted on FF is just a guide, you need to develop something yourself which will work for you.
  • #34,154
  • Jun 10, 2024 9:44am Jun 10, 2024 9:44am
Silver outlook.
Will look for more convergence around 28.500 to 28.750
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 86 KB
  • #34,155
  • Jun 10, 2024 9:49am Jun 10, 2024 9:49am
Quoting Bakker
{quote} H1 chart: {image} I need to stress however, and which is a key element in the whole setup whether it's M15, M30, H1, H4, Daily, Weekly or Monthly, but something I unfortunately cannot disclose. It's about ma crossovers which consists of 4 mas, 3 are sma and one is hma. The trade is on when the parting of the ma's are significant. A shallow parting is never on and the golden rule is to wait when all 4 mas are synchronized. H4's mas are currently parting very well.
Put all 4 TFs (H4,H1,M300,M15) next to each other and see how they develop around 2305/6 level. If the line won't break but the trend is still up you need to wait for the next H4 candle.
  • #34,156
  • Jun 10, 2024 10:02am Jun 10, 2024 10:02am
Quoting nave02051986
First entry for today {image}
Break even hit
  • #34,157
  • Edited 10:32am Jun 10, 2024 10:17am | Edited 10:32am
Quoting bedzocapital
funny you say this, but aren't you looking for investment lol? If your strategy was so great you could literally start with small and build it up.
Thank you very much for your opinion
But I never said anywhere that my strategy is perfect
I didn't talk about my strategy at all
I prefer not to involve myself in learning from such sites
- I will learn by myself
I try new topics and do backtests
- If it helps, I will add it to my personal strategy
That's right, if the strategy is good, there is no need for an investor
And if you understand the market, you don't need what our friend said (I'm more comfortable with smart money and ICT than I want to even think about what our friend said).
If I am looking for a prop-form, it is because I am not satisfied with the profit I am making due to the fact that the capital is small, and this causes me to have trades outside of the strategy.
i will cut a long story short
If I got myself involved in props, it is because it helps me to get rid of my bad habits during trading, and it is more of a personal challenge for me.
And another point is that
You are not aware of what is going on in other people's minds and you do not know the reason for others' actions, so do not judge others based on your own knowledge.
I will not talk about these issues here again
My time is more valuable than I want to waste on something like this
Theory of Everything is Liquidity...https://www.youtube.com/@FxArt.Trader
  • #34,158
  • Jun 10, 2024 10:17am Jun 10, 2024 10:17am
Again enter with break even stop loss because it's hitting stop losses today only
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240610_201615.jpg Size: 474 KB
  • #34,159
  • Jun 10, 2024 10:18am Jun 10, 2024 10:18am
Quoting Bakker
{quote} Always beware of NYSE opening, it always throw a little spanner in the works, but if the trend is strong it will be shrugged off by the market.
Oh of course, going to see fake candles all the time bud, But plenty of wonderful reads off candles if you understand them perfectly. I still get kicked by a fake candle sometimes nothing is 100% but candles are as good as it gets for swing trading and an incredible addition for short term scalpers.
TechKnow
  • #34,160
  • Jun 10, 2024 10:21am Jun 10, 2024 10:21am
Quoting Xces
{quote} Which one would you recommend (in order of latest release op top)? The Candlestick Course Japanese Candlestick Charting Techniques, Second Edition Beyond Candlesticks: New Japanese Charting Techniques Revealed
Have to study the first one for the basics. The second one adds on to that. The third one introduced things that have changed and other views. They are all 3 wonderful and necessary to fulfill each other. Much like reading Elliot wave or another practice you have to be willing to look at these books a lot and really red and understand them.
TechKnow
74 traders viewing now, 1 is registered:
jiashun