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  • #47,561
  • Oct 18, 2024 7:11am Oct 18, 2024 7:11am
Quoting IndianFX
{quote} Gold is world currency in reality its rate does affects world alot
I'm not sure where you learn that. But they probably teach you the wrong concept of 'currency'. If you believe gold is the world 'currency', you can throw all your money away and use gold to buy stuffs now. Good luck with that
  • #47,562
  • Oct 18, 2024 7:12am Oct 18, 2024 7:12am
Quoting Orand
{quote} I think im still profitible for the week , but lose most of it

I feel you man !!!
  • #47,563
  • Oct 18, 2024 7:12am Oct 18, 2024 7:12am
Quoting Orand
{quote} ----------------------- END OF TRADE ----------------------- Today I failed as a trader : -I had a winning trade in the morning, but I ended up letting it turn into a losing one, and that really threw me off for the whole day. Now I'm just second-guessing myself - I exceed my daily loss limit - I trade with sl more than 40-50 pip ,something i told myself I will not do - today my system did not give me good entry so I traded with my emotion , ----------------------- Today Status : (-18,-30p,-100,-40,-75,-70pip) , Total : -333pip Today Win...
ooooof thats a feels bad, ive been there before mate. Followed my rules all week and went straight for 22.95% this week, you'll get it soon, it always happens to the best of us
  • #47,564
  • Oct 18, 2024 7:23am Oct 18, 2024 7:23am
Closed all trades 2k usd loss

fuck it
  • #47,565
  • Oct 18, 2024 7:30am Oct 18, 2024 7:30am
Update for this week
closed all shorts on monday in total loss of -5700 USD
As on today only remaining loss is - 805 USD
overall profit in 1.5 months +30562 USD
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  • #47,566
  • Oct 18, 2024 7:33am Oct 18, 2024 7:33am
lmao gold can be so brutal.

it sold the bears a dream then turned their dream into a nightmare
  • #47,567
  • Oct 18, 2024 7:35am Oct 18, 2024 7:35am
Quoting shay14
lmao gold can be so brutal. it sold the bears a dream then turned their dream into a nightmare
true story
  • #47,568
  • Oct 18, 2024 7:37am Oct 18, 2024 7:37am
Quoting Scalper-N
{quote} whats your opinion about that? Sellers got killed… how long does this bullish market stay
I mean sellers routinely get slaughtered in gold more than probably any other trade. (Maybe Crypto)


I expect that during the entire rate cutting cycle that gold will be well supported, what happens when we get to the end probably is decided by the shape of the economy.
  • #47,569
  • Oct 18, 2024 7:38am Oct 18, 2024 7:38am
Quoting shay14
lmao gold can be so brutal. it sold the bears a dream then turned their dream into a nightmare
There is a reason I only sell gold in specific circumstances
  • #47,570
  • Oct 18, 2024 7:45am Oct 18, 2024 7:45am
Price will make a pivot in this zone. just my 2 cents
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Contrarian
  • #47,571
  • Oct 18, 2024 7:48am Oct 18, 2024 7:48am
Quoting Palambir
Price will make a pivot in this zone. just my 2 cents {image}
All zones are dead at this moment
  • #47,572
  • Oct 18, 2024 7:50am Oct 18, 2024 7:50am
Quoting ghazy_55
Be carefull... Today is Friday... Anyway... waiting NY session ... around 2720 to short...
Activated... Target: Lows...
Let's see...
  • #47,573
  • Oct 18, 2024 7:52am Oct 18, 2024 7:52am
Quoting Palambir
Le prix fera un pivot dans cette zone. juste mes 2 cents {image}
why?
  • #47,574
  • Oct 18, 2024 7:53am Oct 18, 2024 7:53am
OK,

After this small correction will start the final leg up for today. I am not sure how much time it will take, but it will go straight up. I am fully hedged because I do not know how high it will go (I dare say 2725 at least) ...

And my thoughts to all that lost money today!!!!
  • #47,575
  • Oct 18, 2024 8:18am Oct 18, 2024 8:18am
If bulls take profit then price would fall so this market is telling us bulls aren't taking profit at all?
  • #47,576
  • Oct 18, 2024 8:28am Oct 18, 2024 8:28am
i just did same mistake .. over and over FOMO trading ... holding my trade since 2709 .... of course on sell
No emotions
  • #47,577
  • Oct 18, 2024 8:29am Oct 18, 2024 8:29am
Quoting Cefer
If bulls take profit then price would fall so this market is telling us bulls aren't taking profit at all?
NOPE!!!

I really doubt that market will go below 2705 today ... WHY? So all the people are short can not recoup any of the losses.

As in Wolf of wall street, the name of the game is to transfer money from the retail trader into the pockets of the professional traders!!!!
  • #47,578
  • Oct 18, 2024 8:32am Oct 18, 2024 8:32am
ending the day and the week !
cheers everyone and have a great weekend
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https://t.me/biogoldscalper
  • #47,579
  • Oct 18, 2024 8:43am Oct 18, 2024 8:43am
Quoting IndianFX
{quote} All zones are dead at this moment
no zones my friend.. fresh air and nothing to resist.
wait for the candle that show the resist.

better on HTF
  • #47,580
  • Oct 18, 2024 8:58am Oct 18, 2024 8:58am
my humble advice, do not carry position forward over this weekend, there are strong reports that israel might be hitting iran over the weekend which could result in gap in either direction depending on the severity of the attack
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