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  • #44,101
  • Edited 12:56am Sep 24, 2024 12:32am | Edited 12:56am
short at 2637 50
SL : 2641.50
Tp : TBD(tp changed to 2628.20)
------------------
Add short at : 2636.20
Sl : 2641.50
Tp : 2634.20 (tp hit )
-----------------
Add short at 2632
Sl : 2636
Tp : 2630(tp hit )
  • #44,102
  • Sep 24, 2024 12:38am Sep 24, 2024 12:38am
I'll repeat what happened in the 2007. once again!

Fed started cutting rates in September of 2007.
Gold was going up until the March of 2008. when it fell sharply.
It wasn't until the October of 2008. that the Gold has started to rally again.

However, we didn't have any wars back then and now we do. If there is a perfect scenario for the Gold to rise, then this one now would be it.


I think people will look at the chart in 5 years and wonder... "why was I even trying to Short Gold while there were wars going on, Fed started cutting rates along with the other central banks..."
  • #44,103
  • Sep 24, 2024 12:41am Sep 24, 2024 12:41am
Quoting Techknow
{quote} Could be anywhere from 2640-27XX on an extension overthrow of a 3 month Trend line. Id probably start adding lightly around 2640 and keep that window for adding open until high 26XX. I dont think it happens today by the way, i think price is almost cooked for this week. I dont trade fridays anyway, but will make a move if I see these levels hit.

For the record.

2640 was hit. My upside is satisfied... but there is still some potential for upside extension into my listed numbers.

I havent posted too much since the rates last week because I dont feel the need to get involved in sloppy moves when the big picture is extremely clear. Cheers and good luck.
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TechKnow
  • #44,104
  • Sep 24, 2024 12:47am Sep 24, 2024 12:47am
There there 2631 hit. But as usual when i short. I went to breakeven at 2635. Then touch my breakeven and then go down back 2631. What a missed trade....
Trading is very lonely
  • #44,105
  • Sep 24, 2024 12:49am Sep 24, 2024 12:49am
Quoting luckytujuh
There there 2631 hit. But as usual when i short. I went to breakeven at 2635. Then touch my breakeven and then go down back 2631. What a missed trade....
Yep. And now, we should be going up to create a new high.
  • #44,106
  • Sep 24, 2024 12:50am Sep 24, 2024 12:50am
Quoting Silver-King
{quote} I see 2631$ as well. From there, up again. However, I'm not gonna bother catching that small Sell... It's possible we have the same chart...

I dont have the same chart as you. My charts are empty. Naked. I just look that i know its pulling back, but i shorted 2638 with just 70 pips and 30 pips sl. But when it came down i breakeven at 30pips.

So thats the only trade of the day for me. Another 11%
Trading is very lonely
  • #44,107
  • Sep 24, 2024 12:51am Sep 24, 2024 12:51am
Quoting Silver-King
{quote} Yep. And now, we should be going up to create a new high.
Correct. I dont short big or long big. I see realistic zone, where there is liquidity. Its meant to be short, so i dont wanna waste my time watching the charts

I switch from mt5 to ctrader. And im telling you guys. The functions are even better. You can preset ur stoploss and tp. Plus all the reports and analysis of your account fantastic.
Because you can set unlimited price alerts. Unlike free tradingview only 5 price alerts

Truthfully. Had to trade this way because i had to work
Trading is very lonely
  • #44,108
  • Sep 24, 2024 12:53am Sep 24, 2024 12:53am
shorted 2640 and closed the position from 2636
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,109
  • Sep 24, 2024 12:54am Sep 24, 2024 12:54am
Quoting Silver-King
{quote} I see 2631$ as well. From there, up again. However, I'm not gonna bother catching that small Sell... It's possible we have the same chart...
I still don't understand those who sell at all-time highs. Relying solely on trendlines won’t make you very profitable. Why not just go with the flow and exercise a bit of patience?
Currently, XAUUSD is in a void. There’s nothing there, not a single point to indicate that the price might reverse. Only banks, major investors, or hedge funds have the power to turn the market around.
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  • #44,110
  • Sep 24, 2024 12:54am Sep 24, 2024 12:54am
Quoting luckytujuh
{quote} I dont have the same chart as you. My charts are empty. Naked. I just look that i know its pulling back, but i shorted 2638 with just 70 pips and 30 pips sl. But when it came down i breakeven at 30pips. So thats the only trade of the day for me. Another 11%
I also have empty chart and can also feel the sell coming... but sometimes I'm wrong.
Keep up the good work!
  • #44,111
  • Sep 24, 2024 12:55am Sep 24, 2024 12:55am
5 trading days left to end of the month and the quarter
  • #44,112
  • Edited 1:17am Sep 24, 2024 12:58am | Edited 1:17am
Quoting Orand
short at 2637 50 SL : 2641.50 Tp : TBD(tp changed to 2628.20) ------------------ Add short at : 2636.20 Sl : 2641.50 Tp : 2634.20 (tp hit ) ----------------- Add short at 2632 Sl : 2636 Tp : 2630(tp hit )
( tps hit)
Today Status so far: (40pip,90pip ,20pip,20pip) , Total : +170pip
Today Win Ratio : 4/4 or 100%
  • #44,113
  • Sep 24, 2024 1:01am Sep 24, 2024 1:01am
Quoting Vuki
{quote} I still don't understand those who sell at all-time highs. Relying solely on trendlines won’t make you very profitable. Why not just go with the flow and exercise a bit of patience? Currently, XAUUSD is in a void. There’s nothing there, not a single point to indicate that the price might reverse. Only banks, major investors, or hedge funds have the power to turn the market around.
People sell at the "high", because they either don't have a system so they sell by feel (which is ridiculous and won't get them far, because "the feeling" will be right 1/15 times) or they have a system, but it's not great.

Also... it's a human nature. How many account were blown trying to catch the top on JPY pairs?


I sold two times in the last couple of days of which one sell was correct and this recent one wasn't.

I ain't selling every top... and I don't know why people always pick me to tell me about selling the highs while other folks here sold the "top" 37 times already and only I get bashed hahahahaha.

I really am a people's person...
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  • #44,114
  • Sep 24, 2024 1:01am Sep 24, 2024 1:01am
I’m buying
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Behind Every Chart Lies An Opportunity Waiting To Be Uncovered.!!!
  • #44,115
  • Sep 24, 2024 1:05am Sep 24, 2024 1:05am
Quoting Silver-King
{quote} People sell at the "high", because they either don't have a system so they sell by feel (which is ridiculous and won't get them far, because "the feeling" will be right 1/15 times) or they have a system, but it's not great. Also... it's a human nature. How many account were blown trying to catch the top on JPY pairs?
I sold because i know, its not a rejection. But only a pullback. Precisely why i only set my tp only at 70 pips. I dont trust open tp.
This can anytime burst back up and by the h4 closure. It might even close a bullish pinbar.
Short are meant to close small. Precisely why it is call short.
Trading is very lonely
  • #44,116
  • Sep 24, 2024 1:08am Sep 24, 2024 1:08am
Quoting luckytujuh
{quote} I sold because i know, its not a rejection. But only a pullback. Precisely why i only set my tp only at 70 pips. I dont trust open tp. This can anytime burst back up and by the h4 closure. It might even close a bullish pinbar. Short are meant to close small. Precisely why it is call short.
Hahahahah... I like it! Short, because it's short.
  • #44,117
  • Sep 24, 2024 1:09am Sep 24, 2024 1:09am
I'm LONG from 2600, SL 2300. Where to put TP?
  • #44,118
  • Sep 24, 2024 1:10am Sep 24, 2024 1:10am
Quoting Silver-King
{quote} People sell at the "high", because they either don't have a system so they sell by feel (which is ridiculous and won't get them far, because "the feeling" will be right 1/15 times) or they have a system, but it's not great. Also... it's a human nature. How many account were blown trying to catch the top on JPY pairs? I sold two times in the last couple of days of which one sell was correct and this recent one wasn't. I ain't selling every top... and I don't know why people always pick me to tell me about selling the highs while other folks...
Haha i am sorry for picking you but you are just a pretty active person in here. i dont care about people posting one time when selling an ATH. Most of them prolly already quit or ki**ed themselves becasuse of big losses.
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  • #44,119
  • Sep 24, 2024 1:11am Sep 24, 2024 1:11am
Quoting Eagle-Eye
I'm LONG from 2600, SL 2300. Where to put TP?
If you're gonna play it like that, then leave the TP open, for at least until 2030.
  • #44,120
  • Sep 24, 2024 1:12am Sep 24, 2024 1:12am
Dont mind my drawing. I am outside. But this can happen in the next 3 hours if closure. If it closes either way this way.

Its a trap for full margin people. Its a 50/50 move

50% will full margin sell.
50% will full margin buy.

Only of the candles close either way, bullish pinbar, or bearish pinbar
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Trading is very lonely
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