Gold | Page 3012 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #60,221
  • Jan 16, 2025 12:40pm Jan 16, 2025 12:40pm
Quoting ElCampeador
FAntasy time I could be wrong but I seem to observe 2 fractals and a third forming since 2696
5 min tf
The warrior of good
  • #60,222
  • Jan 16, 2025 12:47pm Jan 16, 2025 12:47pm
Quoting ElCampeador
FAntasy time I could be wrong but I seem to observe 2 fractals and a third forming since 2696
Is all fantasy, like someone said we are all gamblers.
  • #60,223
  • Jan 16, 2025 12:54pm Jan 16, 2025 12:54pm
again I could be wrong but from this area we could see a small flash drop
The warrior of good
  • #60,224
  • Jan 16, 2025 1:00pm Jan 16, 2025 1:00pm
Quoting Dombermea
Hello everyone, hope all of you are doing well. The reason for my post is that I really want know what is your personal approach in analyzing the charts or what news articles you look at when looking for entries in Gold. From what I can see (personally) is that gold is very trend respective and hardly any big dips. Small corrections yes, but normally strong momentum to the upside. Should I be looking for key Levels from which the pair can correct itself lower and then buy? Does that even matter? Should I just buy and hold in whatever level it is...
BOS $ CHOCH
Then find any indicator(s) that can back or support your on chart analysis.
Learn... Work Hard... Trade Alone
  • #60,225
  • Jan 16, 2025 1:09pm Jan 16, 2025 1:09pm
Quoting Deal
{quote} Is all fantasy, like someone said we are all gamblers.
Chief, why I talk less is that most people are not traders.
How many books on trading have they read?
How many charts of their interest have they sit down to study?
How many forex blog site have they studied?
Now, there is AI chatbot, are they engaging it to learn more?

See chief, forget them. I am a trader not a gambler. We know the difference.
In gambling the odds are already stacked against you before you ever stake your 1 dollar. They should read that line again.
Learn... Work Hard... Trade Alone
  • #60,226
  • Jan 16, 2025 1:12pm Jan 16, 2025 1:12pm
and now in the meantime a didactic comment. Did you know that some elite athletes are genetically different from the rest. Although they are hyper fast, they perceive their surroundings in slow motion which allows them maximum precision.
The warrior of good
  • #60,227
  • Jan 16, 2025 1:31pm Jan 16, 2025 1:31pm
Of course! I stand to be corrected.
Talent without training will end up as trash.

There is no "born anything". But we can have "trained everything"

I can't have someone who says " I'm a born pilot" fly a plane. But, a trained pilot can.
Training is everything and trading is no different terrain.
Learn... Work Hard... Trade Alone
  • #60,228
  • Jan 16, 2025 1:39pm Jan 16, 2025 1:39pm
Just that, I only don't want to mention names.
Ok, just today, I learnt from a guy on this thread who is not even a red tag how to enter my own setup with out miss. Just by studying his own chart and how he entered his trades.

Pardon, I must mention these ones...Azen, Praetorion, Deal. They have a way of teaching you something useful to your trading career. Pardon please.
I'm out!
Learn... Work Hard... Trade Alone
  • #60,229
  • Jan 16, 2025 1:40pm Jan 16, 2025 1:40pm
Quoting BiteFX
Of course! I stand to be corrected. Talent without training will end up as trash. There is no "born anything". But we can have "trained everything" I can't have someone who says " I'm a born pilot" fly a plane. But, a trained pilot can. Training is everything and trading is no different terrain.
I believe that to master any activity you have to be born with a vocation and then train. In fact, every human being is useful for something but 99% do not know what for.
The warrior of good
  • #60,230
  • Jan 16, 2025 1:47pm Jan 16, 2025 1:47pm
Quoting ElCampeador
{quote} I believe that to master any activity you have to be born with a vocation and then train. In fact, every human being is useful for something but 99% do not know what for.
Yes, you are very correct chief.
Learn... Work Hard... Trade Alone
  • #60,231
  • Jan 16, 2025 1:50pm Jan 16, 2025 1:50pm
Inserted Video
The warrior of good
  • #60,232
  • Jan 16, 2025 1:53pm Jan 16, 2025 1:53pm
Sell reversal is setting up... But will join when fully confirmed below 2713
Then S$.
Learn... Work Hard... Trade Alone
  • #60,233
  • Jan 16, 2025 1:59pm Jan 16, 2025 1:59pm
Quoting BiteFX
Just that, I only don't want to mention names. Ok, just today, I learnt from a guy on this thread who is not even a red tag how to enter my own setup with out miss. Just by studying his own chart and how he entered his trades. Pardon, I must mention these ones...Azen, Praetorion, Deal. They have a way of teaching you something useful to your trading career. Pardon please. I'm out!
I think several times i said the most successful trades are in failed patterns.
If we know really well the patterns we are playing we should know what they going do if not:
Basically is simple break and retest that everyone find in internet.
It is not based in a support and resistance, no one knows were it is, there is no horizontal line, there zones with proper risk management became profit long term.
If we know our patterns well we know how and many times when they will be tested and their TP.
I am still strugling in trend follow but i will get it one day.
For me market is not random, is predetermined every new day.
And we have seen every day on gold.
Sometimes it seem that is not just because they need our money to engage too.
When i give precise prices and i forgot already many times, is what chart tell me, but we should lookit as a zone. There spreads open that we think that doesn't hit but reality they do what always want to do.
Even a simple indicator have patterns... But takes time and effort to study it!
If i can i will continue give those prices, they will not win every time, but because i study it i know how to manage it.
  • #60,234
  • Jan 16, 2025 2:00pm Jan 16, 2025 2:00pm
Quoting Maria25
{quote} 1:4 profit thanks god {image}
I have learnt snipper entry from you today. Thank you.
Brokers, no where to hide!
Learn... Work Hard... Trade Alone
  • #60,235
  • Jan 16, 2025 2:11pm Jan 16, 2025 2:11pm
Quoting Deal
{quote} In agreement with 2710 and your next post 2715. Prices that most likely are target.
Hey Buddy, someone is reading my posts
The warrior of good
  • #60,236
  • Jan 16, 2025 2:34pm Jan 16, 2025 2:34pm
Quoting ElCampeador
{quote} Hey Buddy, someone is reading my posts
Of course!
You are one that i see value...
I love confluences...
  • #60,237
  • Jan 16, 2025 3:28pm Jan 16, 2025 3:28pm
Quoting BiteFX
Sell reversal is setting up... But will join when fully confirmed below 2713 Then S$.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250116-222438.jpg Size: 36 KB

We so badly need a bear close below 2713 to S$.
Learn... Work Hard... Trade Alone
  • #60,238
  • Jan 16, 2025 5:13pm Jan 16, 2025 5:13pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250117-000520.jpg Size: 42 KB

Only one item remaining on my checklist for a reversal day, but I entered anyways. S$
I guess FOMO is real some times. S$
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250114-223711.jpg Size: 32 KB

Closed all B$ yesterday with 400pips +
Learn... Work Hard... Trade Alone
  • #60,239
  • Jan 16, 2025 7:05pm Jan 16, 2025 7:05pm
As we expected price is down word after hit the 2721, I think this retracement could be end around 2710, but don't leave your sell but you can place buy, with SL, because, price could bread 2710.
  • #60,240
  • Jan 16, 2025 7:22pm Jan 16, 2025 7:22pm
Quoting BiteFX
{quote} {image} We so badly need a bear close below 2713 to S$.
I think it can expand a little more, i need the close of this hour.
And then the entry...
The rest is pratically equal to my plan.

2705.790 maybe encounter some support.
220 traders viewing now