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  • #38,301
  • Aug 15, 2024 4:23am Aug 15, 2024 4:23am
Quoting Thtpro
{quote} Totally agree - What price is doing and we can't really project this, is moving along a multi-dimensional corridor that is affected by both time and price but we are forced to view that action on a 2 dimensional chart/screen - which distorts price action and is why we get the twisted swings, which makes it impossible for time counts to become exact or regular That being said, we get glimpses as price and time come together and we get exact turns at precise levels - i.e. Fib levels Markets move to both price and time of the building blocks...
Very interesting comment so far. I'll respond to it appropriately a little bit later! Right now, I have to stay focused on the price haha.
  • #38,302
  • Aug 15, 2024 4:28am Aug 15, 2024 4:28am
Quoting profits7
{quote} _________ banked 50% profits$ @TP1 = remain to TP2 @2476 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: xu1.png Size: 47 KB


______________BTW membership NOT yet Revoked ,am budy2 with Mr.Twee [MOD]
Don’t focus on making $$$, focus on protecting what you have.
  • #38,303
  • Aug 15, 2024 4:28am Aug 15, 2024 4:28am
Longs still be milkin' as they say haha.

Resistance for the Silver is at 28.2$ and 28.5$. Both very important obviously.
  • #38,304
  • Aug 15, 2024 4:33am Aug 15, 2024 4:33am
M15, M30 and H1 are all Bearish Flag Pattern.
I think we're very close to the Sell, few M30 candles close.
  • #38,305
  • Aug 15, 2024 4:54am Aug 15, 2024 4:54am
USDX chart here, something for gold traders to pay attention too.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
TechKnow
  • #38,306
  • Aug 15, 2024 4:57am Aug 15, 2024 4:57am
Quoting Techknow
USDX chart here, something for gold traders to pay attention too. {image}
Looks good to go in my opinion.
  • #38,307
  • Aug 15, 2024 5:05am Aug 15, 2024 5:05am
Finally some volatility. Now, we'll see...
  • #38,308
  • Aug 15, 2024 5:12am Aug 15, 2024 5:12am
If you have longs from anywhere my advice is:

1- Book some of the profits
2- You could hedge the rest until it does not make sense anymore as we still got a reasonable distance to the top.
If you have enough equity shorts from here will be profitable anyway but there could be some drawdown.
3- Look for reversal patterns (patterns show the way most of the time)
4-Use position size calculator to protect you capital, worst case scenario for bears- 2540
We watch the charts from every angle so you don't have to!!
  • #38,309
  • Aug 15, 2024 5:14am Aug 15, 2024 5:14am
P0P
Que Sera
  • #38,310
  • Aug 15, 2024 5:14am Aug 15, 2024 5:14am
Good job Bull. You've done more than enough! Proud of you!

#All Longs on both the Gold and the Silver are closed!
Attached Image (click to enlarge)
Click to Enlarge Name: Bull.png Size: 282 KB
  • #38,311
  • Aug 15, 2024 5:16am Aug 15, 2024 5:16am
Quoting pedro319
If you have longs from anywhere my advice is: 1- Book some of the profits 2- You could hedge the rest until it does not make sense anymore as we still got a reasonable distance to the top. If you have enough equity shorts from here will be profitable anyway but there could be some drawdown. 3- Look for reversal patterns (patterns show the way most of the time) 4-Use position size calculator to protect you capital, worst case scenario for bears- 2540
surely worth case 2560 ?
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1101.png Size: 99 KB
Que Sera
  • #38,312
  • Aug 15, 2024 5:16am Aug 15, 2024 5:16am
Quoting Silver-King
{quote} Looks good to go in my opinion.
Haha, not until it breaks, my friend! USDX loves to reject at the neckline!
TechKnow
  • #38,313
  • Aug 15, 2024 5:18am Aug 15, 2024 5:18am
Quoting Catempire
{quote} surely worth case 2560 ? {image}
Personally 2520 will do it.
We watch the charts from every angle so you don't have to!!
  • #38,314
  • Aug 15, 2024 5:19am Aug 15, 2024 5:19am
Quoting Techknow
{quote} Haha, not until it breaks, my friend! USDX loves to reject at the neckline!
Should be soon.
  • #38,315
  • Aug 15, 2024 5:31am Aug 15, 2024 5:31am
Quoting Techknow
{quote} Haha, not until it breaks, my friend! USDX loves to reject at the neckline!
The Dxy is useless atm to trade Gold imo.
When Geopolitics kicks in, it does not matter what the Dxy is doing.
We watch the charts from every angle so you don't have to!!
  • #38,316
  • Aug 15, 2024 5:34am Aug 15, 2024 5:34am
Quoting pedro319
{quote} The Dxy is useless atm to trade Gold imo. When Geopolitics kicks in, it does not matter what the Dxy is doing.
Yea it goes off beat plenty, no lies there. But ive been using it for more than a decade for gold trading. Its just a good way to have an alternate view.
TechKnow
  • #38,317
  • Aug 15, 2024 5:40am Aug 15, 2024 5:40am
Trying to trade sell
what about all you
  • #38,318
  • Aug 15, 2024 5:40am Aug 15, 2024 5:40am
Quoting profits7
{quote} {image} ______________BTW membership NOT yet Revoked ,am budy2 with Mr.Twee [MOD]
____________ I dont worry abt these , all that crap ist Factored in Already anyway$ IMHO
Attached Image (click to enlarge)
Click to Enlarge Name: xu11.png Size: 47 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #38,319
  • Aug 15, 2024 5:47am Aug 15, 2024 5:47am
Quoting Silver-King
{quote} Where's your highest Sell Limit Order?
65, please search for my post, I have no time today to monitor my trades, set and forget
People don't plan to lose. They lose because they don't plan.
  • #38,320
  • Aug 15, 2024 5:49am Aug 15, 2024 5:49am
Quoting ScalaFX
{quote} 65, please search for my post, I have no time today to monitor my trades, set and forget
Roger, thanks!
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