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  • #49,861
  • Oct 31, 2024 5:01am Oct 31, 2024 5:01am
Quoting Interesting0
Does anyone really believe this can get to 3000 ….aside of anything is possible
We have been hearing from last few months that before it reaches 2800 it will dip towards 2400 2450 etc but gold rised directly towards 2800 and if you see the monthly chart and weekly chart then this is extremely scary.... Gold monthly closing is at the ATH so before any major dip it will give an up spike like a hell then will dip as per the records. so not sure if 2850 2870 is that spike or 2900.

To be honest, we just have now 1 major election news which will impact more then anything else... because all other factors news has been abosorbed by the market by rising price to this level.
  • #49,862
  • Oct 31, 2024 5:09am Oct 31, 2024 5:09am
Quoting Azen
{quote} Yeah I understand that concept and took note of it too. If you know there is a minor correction, why did you not enter immediately? {image}
Because I was sleeping
  • #49,863
  • Oct 31, 2024 5:21am Oct 31, 2024 5:21am
Second simple rule. For those who want to read and understand. Go into the past and note the NY highs and the Asian range highs. What do you notice?. If the Asian range makes highs higher than the NY close then the correction of FF and LO will be small. If like today the Asian range does not make new highs above NY then the correction will be deeper.
  • #49,864
  • Edited 8:53am Oct 31, 2024 5:23am | Edited 8:53am
Was just comparing the posts of the last 2 days n today. Today its almost pin drop silence here. As if everyone was/is on buy side. look's like it has some unsettled business below 2770 of yesterday..... Being month end it shouldn't break Ath, maybe tomorrow at NFP. If NFP is really hot then 2790 can become ATH.
Just my views
Cheers
  • #49,865
  • Oct 31, 2024 5:27am Oct 31, 2024 5:27am
Quoting 19monza64
{quote} Because I was sleeping
I see. Good thing I was awake.
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  • #49,866
  • Edited 8:07am Oct 31, 2024 5:27am | Edited 8:07am
2769 gold buy

tp1: 2776
tp2: 2779
tp3: 2782
tp4: 2785
tp5: 2788
tp6: 2791
tp7: 2794
tp8: 2797
tp9: 2800
tp10: 2803
tp11: 2806
tp12: 2809
tp13: 2812
tp14: 2815
Success is not final, failure is not fatal... - Winston Churchill
  • #49,867
  • Oct 31, 2024 5:31am Oct 31, 2024 5:31am
Still strong support at 71-73 area.sell cant hold for long
Telegram orderflowbuddy
  • #49,868
  • Oct 31, 2024 5:33am Oct 31, 2024 5:33am
Quoting sadsoul
{quote} We have been hearing from last few months that before it reaches 2800 it will dip towards 2400 2450 etc but gold rised directly towards 2800 and if you see the monthly chart and weekly chart then this is extremely scary.... Gold monthly closing is at the ATH so before any major dip it will give an up spike like a hell then will dip as per the records. so not sure if 2850 2870 is that spike or 2900. To be honest, we just have now 1 major election news which will impact more then anything...
I’ve been thinking the same as we r getting closer to month closing and still too high, but now even more scary if month is closing near to top the next month will prob spike pretty far to come crashing down, how far is just too crazy to think, looking at previous prices before the crash
  • #49,869
  • Oct 31, 2024 6:02am Oct 31, 2024 6:02am
Gold has already touched 2790 3 times in 4 hrs candle .... triple top will be failed now if it goes again there
  • #49,870
  • Oct 31, 2024 6:12am Oct 31, 2024 6:12am
Think I'm done for the day before I push my luck too far.

6 out of 8 trades are winners for a profit of 29%
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  • #49,871
  • Oct 31, 2024 6:12am Oct 31, 2024 6:12am
There are 2000 lots of buying buying pressure at the bottom edge of todays chart. spot price 2773. waiting for a retracement to get a buy entry
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  • #49,872
  • Oct 31, 2024 6:13am Oct 31, 2024 6:13am
Quoting sadsoul
Gold has already touched 2790 3 times in 4 hrs candle .... triple top will be failed now if it goes again there
Not necessarily. When price got to 2530, it didn't break through until it's 9th attempt.
  • #49,873
  • Oct 31, 2024 6:22am Oct 31, 2024 6:22am
Quoting MrFanciful
{quote} Not necessarily. When price got to 2530, it didn't break through until it's 9th attempt.
Correct. I remember paying attention to this and it struggled for a while around that price. Once it eventually broke through, price never looked back ever since lol
  • #49,874
  • Oct 31, 2024 6:27am Oct 31, 2024 6:27am
Quoting Asylum1
There are 2000 lots of buying buying pressure at the bottom edge of todays chart. spot price 2773. waiting for a retracement to get a buy entry {image}
i dont know how to read bookmap charts And i dont know what are the sources for the data.
lets say i doubtful about how useful this chart by payment that i dont see on a naked chart

do you see any advantage that you have or it just psychological.. sellers and buyers are on support and resistance levels
  • #49,875
  • Oct 31, 2024 6:34am Oct 31, 2024 6:34am
Quoting Whale
{quote} i dont know how to read bookmap charts And i dont know what are the sources for the data. lets say i doubtful about how useful this chart by payment that i dont see on a naked chart do you see any advantage that you have or it just psychological.. sellers and buyers are on support and resistance levels
It just tell limit buy orders and limit sell orders. Nothing else... Rest buying pressure shows up as bubble which you can check on volume indicator as well. So just a waste of money as market makers are not idiots

Also, spoof limit orders and data for orders is very tricky so can't trade based on this at all
  • #49,876
  • Oct 31, 2024 6:37am Oct 31, 2024 6:37am
Quoting IndianFX
Is there a way to not to see this shiit, even after putting on ignore this moron is flooding whole thread like no one else. {image}
There is a script. You won't see one's posts and when someone quotes him.
https://www.forexfactory.com/thread/...9#post13645239
https://github.com/dev213fx/fftrt
Air force
  • #49,877
  • Oct 31, 2024 6:39am Oct 31, 2024 6:39am
Quoting sadsoul
{quote} It just tell limit buy orders and limit sell orders. Nothing else... Rest buying pressure shows up as bubble which you can check on volume indicator as well. So just a waste of money as market makers are not idiots Also, spoof limit orders and data for orders is very tricky so can't trade based on this at all
exactly what i ask him..

i dont need volume indicators, this is also a big bullshit.
the candle range show the volume.
  • #49,878
  • Oct 31, 2024 6:46am Oct 31, 2024 6:46am
Quoting Whale
{quote} i dont know how to read bookmap charts And i dont know what are the sources for the data. lets say i doubtful about how useful this chart by payment that i dont see on a naked chart do you see any advantage that you have or it just psychological.. sellers and buyers are on support and resistance levels

The data source is the futures market. dxfeed.

I don't know how people trade without it. It shows you where the big players are and what levels they are playing. Its not the holy grail but i know big players are looking at 2775. 2773 and 2770 transferred to spot market. looking at a blank chart no one has any idea where they are sitting.

2775 was yesterdays first decent player in the run upto yesterdays highs. 2775 today is where 2000 buy lots came. the big boys are interested in this level down here. combine that with the price action it looks a very good place to buy. All those buyers have created a lot liquidity so that suggests a possiblity of a quick drop to 2770 and then new highs after the news.

without looking at bookmap all that information is just guess work
  • #49,879
  • Oct 31, 2024 6:49am Oct 31, 2024 6:49am
Quoting Asylum1
{quote} The data source is the futures market. dxfeed. I don't know how people trade without it. It shows you where the big players are and what levels they are playing. Its not the holy grail but i know big players are looking at 2775. 2773 and 2770 transferred to spot market. looking at a blank chart no one has any idea where they are sitting. 2775 was yesterdays first decent player in the run upto yesterdays highs. 2775 today is where 2000 buy lots came. the big boys are interested in this level down here. combine that with the price action it...
ok, if u find it useful, great.
i don't care where other retailers orders, that's the point.. i don't think that bookmap has the abilities to show you where the big players are.
  • #49,880
  • Oct 31, 2024 6:50am Oct 31, 2024 6:50am
Quoting sadsoul
{quote} It just tell limit buy orders and limit sell orders. Nothing else... Rest buying pressure shows up as bubble which you can check on volume indicator as well. So just a waste of money as market makers are not idiots Also, spoof limit orders and data for orders is very tricky so can't trade based on this at all
I've just laid out todays play for you using it let see what happens
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