Gold | Page 2360 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #47,181
  • Oct 17, 2024 4:42am Oct 17, 2024 4:42am
Quoting Orand
{quote} Today my experiment trade both failed and succeed , I needed some tweak ------------------ Max daily loss lvl reached (so soon )sad part is I was in the green for both batch of my positions but my greed/degeneracy needed to test something . ---------------- End of trade ---------------- Today Status: (-12,-27,-47,-27,-15,-35,-45pip) , Total : -206pip Today Win Ratio : 0/6 or %0) Max Drawdown : -206 Max profit : +0
What a brave and honest introspection - plus admission.
The first step for finding a solution is to acknowledge the problem - which is absent in most of the traders. You have achieved the same... so kudos.

Keep up bro.
Good or bad, this too shall pass...!!
  • #47,182
  • Edited 5:00am Oct 17, 2024 4:46am | Edited 5:00am
SHORT at 2680,75
TP 2675,82
SL : 10 pips

manually closed at 2679,67 ( didnt like the support there at 1m chart .. )

+10 pips closed
No emotions
  • #47,183
  • Oct 17, 2024 4:47am Oct 17, 2024 4:47am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
The market hides a perfect geometry.
  • #47,184
  • Oct 17, 2024 4:52am Oct 17, 2024 4:52am
great PA ..

waiting for US news till then zzzzz
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
its all about Karma
  • #47,185
  • Oct 17, 2024 4:59am Oct 17, 2024 4:59am
Quoting azhantahir
{quote} just my opinion. How market structure influenced the prices. corrective on going. Valid or not IMO #waiting list SELL vs BUY edited {image}
LOOK above. Before and after. Before structure and after structure (refer to 1st and 2nd entries). Another probability there. 3rd entry by TFM5. Hopefully, going to 1st TP

#COFFEE BREAK
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Look right, we'll see the signs
  • #47,186
  • Oct 17, 2024 5:07am Oct 17, 2024 5:07am
Some thoughts on today.
ECB is expecting to cut rate, which definitely will be so, and that support USD strength. So the press conference will be the main focus.
US retail sales and Claims have high chance beating the forecast due to Helena and Milton hurricane, so more support to USD strength.
But we're in situation that both Gold and USD have high demand, then the best strategy is to wait after the news and volatility to settle down, just like yesterday buying chance came in later US session
PS: Look at PA from yesterday up to now, I can say no favors to bears, but bulls are taking cautious. If we don't have any open positions then better keep it that way
  • #47,187
  • Oct 17, 2024 5:16am Oct 17, 2024 5:16am
Quoting Eringu
great PA .. waiting for US news till then zzzzz {image}
ok ..another try after the BE hitted

long here till the 2707.77
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB


Quoting Eringu
{quote} In this market you cant say never .. no one know .
Never say Never ..good example
its all about Karma
  • #47,188
  • Oct 17, 2024 5:28am Oct 17, 2024 5:28am
Boom
  • #47,189
  • Oct 17, 2024 5:28am Oct 17, 2024 5:28am
Quoting FulMargnAlch
{image}
SL hit. More pips to spare from the winnings earlier.
The market hides a perfect geometry.
  • #47,190
  • Oct 17, 2024 5:31am Oct 17, 2024 5:31am
Quoting azhantahir
{quote} LOOK above. Before and after. Before structure and after structure (refer to 1st and 2nd entries). Another probability there. 3rd entry by TFM5. Hopefully, going to 1st TP #COFFEE BREAK {image}
Another HH, waiting next proposal.
Look right, we'll see the signs
  • #47,191
  • Oct 17, 2024 5:37am Oct 17, 2024 5:37am
By watching all those who go short, I was finally convinced too after 1 month that I go long.
Bad idea.
If the trend is long, what the fuck do you keep shorting?
  • #47,192
  • Oct 17, 2024 5:37am Oct 17, 2024 5:37am
let´s see what this 4H gonna do
No emotions
  • #47,193
  • Oct 17, 2024 5:43am Oct 17, 2024 5:43am
Could it be today also U claims data take over retail sales?
With FED focus clearly shift towards maintaining employment.
Or is it just Employment data outweigh Inflation data, as Retail sales is more GDP focus than inflation
Reaction to data today will tell the probability for the upcoming price, and employment data, what the market markers are eyeing.
More time in the market, does not mean you trade better!
  • #47,194
  • Oct 17, 2024 5:50am Oct 17, 2024 5:50am
Quoting 19monza64
By watching all those who go short, I was finally convinced too after 1 month that I go long. Bad idea. If the trend is long, what the fuck do you keep shorting?
trying to catch the falldown _
No emotions
  • #47,195
  • Oct 17, 2024 5:53am Oct 17, 2024 5:53am
Quoting worldbankinc
{quote} NEW | Trade Idea 53-2024 just released {image} {image} Note : From now on i will use term Trade Idea instead of signal. I am sharing my trade idea for others to observe. Just to show that hedging method can work. I am also releasing my Trade Idea on US30. Check it out in US30 thread : https://www.forexfactory.com/thread/...7#post15029217
UPDATE | Trade Idea 53-2024 Buy entry hit TP

Attached Image (click to enlarge)
Click to Enlarge Name: 20241015 - Signal53-24ii.png Size: 15 KB



Attached Image (click to enlarge)
Click to Enlarge Name: 20241015 - Signal53-24 updated BUY TP 20241017.png Size: 31 KB
  • #47,196
  • Oct 17, 2024 6:00am Oct 17, 2024 6:00am
Quoting worldbankinc
{quote} UPDATE | Trade Idea 53-2024 Buy entry hit TP {image} {image}
NEW | Trade Idea 54-2024 just released

Attached Image (click to enlarge)
Click to Enlarge Name: 20241017 - Signal54-24i.png Size: 16 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20241017 - Signal54-24.png Size: 28 KB
  • #47,197
  • Oct 17, 2024 6:02am Oct 17, 2024 6:02am
Suddenly everyone is buying and took profit.LMAO
The market hides a perfect geometry.
  • #47,198
  • Oct 17, 2024 6:03am Oct 17, 2024 6:03am
Attached Image (click to enlarge)
Click to Enlarge Name: Snímka obrazovky 2024-10-17 130015.png Size: 59 KB

thaughts ...
No emotions
  • #47,199
  • Oct 17, 2024 6:10am Oct 17, 2024 6:10am
Gold has crossed its all-time high of 2686 and is gradually stabilizing, making a move above 2700. If break above 2700 next target will be 2750.

RSI showing overbought and MACD is showing bullish momentum. However, strong trend market... RSI can stay overbought for some time.

Entering long @2660 will be a better risk-ratio.

Or it could be the last fake push before the fall, who knows!
  • #47,200
  • Oct 17, 2024 6:15am Oct 17, 2024 6:15am
Quoting imhere23
{image} thaughts ...
okeyy..
Attached Image (click to enlarge)
Click to Enlarge Name: Snímka obrazovky 2024-10-17 131517.png Size: 59 KB
No emotions
152 traders viewing now, 2 are registered:
DhavalSorath
,
Tefu