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  • #60,301
  • Jan 17, 2025 3:31am Jan 17, 2025 3:31am
Quoting BiteFX
{image} Let's get there first (boxed prices) and see if we get a continuation downward or a reversal to the upside.
someone is making a lot of dinner
Candlesticks dont move markets, Volume does
  • #60,302
  • Jan 17, 2025 3:33am Jan 17, 2025 3:33am
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Quoting Praetorion
{quote} someone is making a lot of dinner
Learn... Work Hard... Trade Alone
  • #60,303
  • Jan 17, 2025 3:43am Jan 17, 2025 3:43am
Quoting Eringu
try another buy @2710 as i see very strong PA decline @ 2708/9 ON THE HOURLY CHART SL @2708 TP @2720/23 Cheers
extremely risky entry with so tight/narrow SL in declining PA. In my opinion, if trend is up and PA is declining, SL must be at some distance to pick the trend without getting SL hit.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #60,304
  • Jan 17, 2025 3:46am Jan 17, 2025 3:46am
Quoting ElCampeador
FAntasy time I could be wrong but I seem to observe 2 fractals and a third forming since 2696
third fractal completed or almost. Yes, with signs of manipulation but let's see if it goes up.
Soy el Patron
  • #60,305
  • Jan 17, 2025 3:47am Jan 17, 2025 3:47am
Quoting farukh
{quote} extremely risky entry with so tight/narrow SL in declining PA. In my opinion, if trend is up and PA is declining, SL must be at some distance to pick the trend without getting SL hit.
closed it b4 any sl ..

and the one b4 i closed it with BE

sometimes i catch them with nice RR Somtimes not...

and i publish my entries with the fact and not after the fact ..as 99.999% users do it in this forum

Cheers


.
its all about Karma
  • #60,306
  • Jan 17, 2025 3:49am Jan 17, 2025 3:49am
Quoting Maria25
i kept a small sell setup if price go to 2705.40 before activating my setup i will cancel it {image}

touched 2705.40, setup is canceled
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  • #60,307
  • Jan 17, 2025 3:52am Jan 17, 2025 3:52am
Quoting Maria25
{quote} touched 2705.40, setup is canceled {image}
My chart says 2705.51. Which broker you on?

LE: it did just not, but before I had it pegged at 2705.51.
  • #60,308
  • Jan 17, 2025 3:54am Jan 17, 2025 3:54am
Hello everyone, I hope you're having a great day!

I'm excited to join this forum! As a beginner in trading, I am particularly interested in gold and I am working on improving my understanding of technical analysis and economic data. I've been reading your posts regularly for several weeks now, and I’ve decided to take the leap to share my analyses, compare my ideas with more experienced traders, and continue to grow.

Currently, I have several short positions:

  1. Entries: Between 2723 and 2718
  2. TP1: 2695
  3. TP2: 2680
  4. SL: At breakeven.

I am waiting to see if this movement will take us to the bottom of the channel to possibly set up a new bullish wave toward 2800.

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  • #60,309
  • Jan 17, 2025 3:55am Jan 17, 2025 3:55am
Quoting Eringu
{quote} closed it b4 any sl .. and the one b4 i closed it with BE sometimes i catch them with nice RR Somtimes not... and i publish my entries with the fact and not after the fact ..as 99.999% users do it in this forum Cheers .
Don't take it personal, mate, he's talking about refining entrances, not that you're faking them.
  • #60,310
  • Jan 17, 2025 3:57am Jan 17, 2025 3:57am
Sell...from 2712...WATCHING 2697

Last TP...above 2672
Holy Betting Grail strategy
  • #60,311
  • Jan 17, 2025 3:58am Jan 17, 2025 3:58am
Quoting fxcontest
Sell...from 2712 Last TP...above 2672
You think it's gonna break /02 and /90 that easily?
  • #60,312
  • Jan 17, 2025 4:02am Jan 17, 2025 4:02am
Quoting daemondeluxe
{quote} You think it's gonna break /02 and /90 that easily?
Maybe...Scaling The Pattern, would be easy 2672, more ?? let it be
Holy Betting Grail strategy
  • #60,313
  • Jan 17, 2025 4:04am Jan 17, 2025 4:04am
Quoting daemondeluxe
{quote} Don't take it personal, mate, he's talking about refining entrances, not that you're faking them.
hi ,no i didnt took it personal ,i just explained

Cheers budd
its all about Karma
  • #60,314
  • Jan 17, 2025 4:06am Jan 17, 2025 4:06am
Quoting daemondeluxe
{quote} You think it's gonna break /02 and /90 that easily?
2697 ....up to 2712...or just South to collecting Stoploss
Holy Betting Grail strategy
  • #60,315
  • Jan 17, 2025 4:11am Jan 17, 2025 4:11am
Quoting ElCampeador
{quote} Are you expecting a top around 272x?
Is not out of equation. But not today.
It depend how this pattern playout and time.
But expect a new retracement.
  • #60,316
  • Jan 17, 2025 4:19am Jan 17, 2025 4:19am
Buy at 2700. Am I right? Waiting for your response.
  • #60,317
  • Jan 17, 2025 4:24am Jan 17, 2025 4:24am
Quoting daemondeluxe
{quote} SL to BE+2, to cover slippage. Lets see if it breaks it or not.
Protecting 20 pips, 0.5% of the account, so SL @ BE+22.

You just gotta love these prop trading accounts, 20pips in TFT alone at max allocation is 3k. protect partial profits repeteadly and you make money.

And then, if it breaks, it breaks.
  • #60,318
  • Jan 17, 2025 4:30am Jan 17, 2025 4:30am
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Contrarian
  • #60,319
  • Jan 17, 2025 4:56am Jan 17, 2025 4:56am
Quoting ElCampeador
Perhaps the most prudent thing is not to risk too much margin at this time. My two entry points at this moment are buying in the 2660 zone or selling in the 2750 zone. Whichever occurs first, if I am right, of course.
It seems that the price will hold above 2700. and in the worst case 2690
Soy el Patron
  • #60,320
  • Jan 17, 2025 4:57am Jan 17, 2025 4:57am
I have a very small buy setup and hope the price doesn’t decide to break sharply.
If it reaches 2708.5, I’ll cancel it.
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