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  • #36,761
  • Aug 1, 2024 12:03am Aug 1, 2024 12:03am
Quoting Pro-Nika
{quote} Alright Sir, I will not share anything in this thread as I do not feel welcome. I apologize if I have made you feel uncomfortable
Im not making u feel un-welcome here. Im just stating facts. To begin with, to sweeten every conversation. Why metatrader even? Institution dont use metatrader. Their software is even fast execution response, no spread involve. Commision is between you and the client. You pump the money, they push the prices for you. Before u even start givin signals, sooner or later u will be upgraded to be a commercial member. There goes your rights of even commenting on any thread.
I dont get it with people, doing live streams, giving signals, calling yourself account manager using your own indicators. I believe the proper term for them is coders. You code the indicator, u just promote them. Dont call yourself institution. Its really a shame, some people just dont get it
Trading is very lonely
  • #36,762
  • Aug 1, 2024 12:18am Aug 1, 2024 12:18am
Quoting luckytujuh
{quote} Im not making u feel un-welcome here. Im just stating facts. To begin with, to sweeten every conversation. Why metatrader even? Institution dont use metatrader. Their software is even fast execution response, no spread involve. Commision is between you and the client. You pump the money, they push the prices for you. Before u even start givin signals, sooner or later u will be upgraded to be a commercial member. There goes your rights of even commenting on any thread. I dont get it with people, doing live streams, giving signals, calling...

sir, not all can effort the data feed. we link the source from our main source to mt5. as simple as that. since not all retail can access to the institution platform etc.

mt5 being used by 90% in market share.

with all respect, im sorry for my words

MT5 has been widely used in industry for all level (retail, bank, institution, manage fund)
We provide MT5 Bank Level: Join Telegram https://t.me/manwithbank
  • #36,763
  • Aug 1, 2024 12:46am Aug 1, 2024 12:46am
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  • #36,764
  • Aug 1, 2024 1:23am Aug 1, 2024 1:23am
Less risky
sell eurusd & nzdusd

high risk appetite
sell xagusd & xauusd
ryoiki tenkai : Blue Juggernaut
  • #36,765
  • Aug 1, 2024 1:52am Aug 1, 2024 1:52am
My long scenario has worked pretty well on the short side I would be very careful because of the geopolitical issues that have come up in the last few days. The huge volume cluster of 2450-2475 can be a strong resistance, but as I said, I will not trade it.

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Trade what you see, not what you hope.
  • #36,766
  • Aug 1, 2024 2:05am Aug 1, 2024 2:05am
I think this month will be strong sell trend bcz market has taken all the liquity in all timeframe so i think 2450 to2455 is strong selling zone
  • #36,767
  • Aug 1, 2024 2:37am Aug 1, 2024 2:37am
Quoting Silver-King
Greetings! Since there is no forum specifically for the Silver I will just write about it here until I get the permission to create Silver Only forum. As far as the analysis... Silver according to the analysis should peak today at around 28.70$. Today is the Fed which everyone is already aware of. Analysis suggests that the price of Silver will be going lower today and if you ask me it'll happen during the Press Conference. Price in question is around 26$. If, however we do not witness today the price that is mentioned, then the target for...
Fed didn't cut what was expected, however Powell stated that the rate cut in September is basically very much on the table. We have two NFP and two CPI reports until their next meeting in September.

So, it does seem that the alternative scenario which I gave 10% of happening did actually happen. I have closed my Shorts on Silver and am now waiting to see how this develops further, because I honestly do not know at the moment. For this month the potential low for the Silver now shifts from low 26$ to around 26.65$. 29.35$ remains the price that should witness some Resistance if it gets there.

Tomorrow, we have NFP and any surprise on NFP or CPI will cause doubt in already fully expected rate cut in September. According to the market there is 86.5% that the Fed will cut interest rates by 0.25% in September and 13.5% that the Fed will cut by 0.50% in September. Rate cut in September is basically fully expected by the market at this point not leaving even the slightest chance that Fed will hold rates.

It's still Summer and volatility is low. I'm still Bearish on the PMs, however not as sure anymore. I will be waiting now for the lower price to start Buying, perhaps getting a chance during NFP tomorrow. As said, any upside suprise will definitely change the outlook for the September decision by the Fed and consequently put pressure on everything.

Outlook: Bearish
  • #36,768
  • Aug 1, 2024 2:39am Aug 1, 2024 2:39am
Quoting profits7
{quote} ___________ I know where to go IMHO = bet my lil farm on it {image} {image} {image}

Gold in balance
there is no reason to trade.
keep an eye on your profits .
good trade
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  • #36,769
  • Aug 1, 2024 2:42am Aug 1, 2024 2:42am
Quoting Zeldirs
I believe this month will be a strong downtrend
Hey buddy! Do you have any potential price in mind for Silver if it does drop?
  • #36,770
  • Aug 1, 2024 2:54am Aug 1, 2024 2:54am
Quoting dempire1
{quote} Where did you see those rumours?
its all over the news since early this year... they said around jun/july... but now maybe September... and so on... anyway precautions
  • #36,771
  • Aug 1, 2024 3:13am Aug 1, 2024 3:13am
Quoting eyefeelsix
{quote} sl broken, and re-entry short @better price for medium-term trading {image}

myLast chance on Gold after 2 consecutive losses, OBZone myPending order filled

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https://breakpullback.com
  • #36,772
  • Aug 1, 2024 3:29am Aug 1, 2024 3:29am
Quoting eyefeelsix
{quote} myLast chance on Gold after 2 consecutive losses, OBZone myPending order filled {image}
Hello
saw your trade yesterday.
plus your sl .
H1 is a trend with corrections.
H4 yesterday you would have had to wait to go short.
you are always smarter afterwards.
your short idea is good, i have to say it was a simple mistake in execution.
the first sellers are already coming to the comex
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  • #36,773
  • Aug 1, 2024 3:45am Aug 1, 2024 3:45am
Quoting kette
{quote} Gold in balance there is no reason to trade. keep an eye on your profits . good trade {image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #36,774
  • Aug 1, 2024 3:48am Aug 1, 2024 3:48am
Quoting kette
{quote} Hello saw your trade yesterday. plus your sl . H1 is a trend with corrections. H4 yesterday you would have had to wait to go short. you are always smarter afterwards. your short idea is good, i have to say it was a simple mistake in execution. the first sellers are already coming to the comex {image}
hi kete, thanks for trading ideas and suggestions really appreciated..

in myOpnion, every trend on a Lower TF is a correction on a Higher TF ( but not always )
I save my pips by using SL and re-entry ( pending order ) at a better level, that's where I wait for instant execution after myOrder filled.

have a nice day friend
https://breakpullback.com
  • #36,775
  • Aug 1, 2024 4:05am Aug 1, 2024 4:05am
After the FOMC decided to keep interest rates unchanged, gold fell slightly to the support zone of 2421 and then quickly increased, surpassing the peak of 2450 again and reaching the peak of 2357 . The developments from the uncertainties in the Middle East still make gold a safe haven for investors. Today I will wait to buy gold at the 2425 zone. Let's see how the market works. Wish you successful trading.
Success is not final, failure is not fatal... - Winston Churchill
  • #36,776
  • Aug 1, 2024 4:05am Aug 1, 2024 4:05am
Quoting eyefeelsix
{quote} hi kete, thanks for trading ideas and suggestions really appreciated.. in myOpnion, every trend on a Lower TF is a correction on a Higher TF ( but not always ) I save my pips by using SL and re-entry ( pending order ) at a better level, that's where I wait for instant execution after myOrder filled. have a nice day friend
Hello
thank you for your answer,
everything you write is correct, everyone has their own approach to action.
For me, H6-H8 is a high time window.

  • #36,777
  • Aug 1, 2024 4:06am Aug 1, 2024 4:06am
Quoting profits7
{quote} {image} {image} {image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #36,778
  • Aug 1, 2024 4:07am Aug 1, 2024 4:07am
Quoting profits7
{quote} {image} {image} {image}
Your profits melt away.
balance is gone someone is putting pressure
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  • #36,779
  • Edited 4:35am Aug 1, 2024 4:16am | Edited 4:35am
Quoting kette
{quote} Your profits melt away. balance is gone someone is putting pressure {image}
_________ Barcelona ist NOT build in 1 day = I mean Rome

You gonna stay in Spain or just Vacation Amigo ? - - - I think I'll settle DOWN in Spain next mth
Don’t focus on making $$$, focus on protecting what you have.
  • #36,780
  • Aug 1, 2024 4:49am Aug 1, 2024 4:49am
Quoting profits7
{quote} {image} {image}
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Don’t focus on making $$$, focus on protecting what you have.
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