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  • #82,221
  • Jul 10, 2025 1:53pm Jul 10, 2025 1:53pm
If 22 passed we will see 42 probably
  • #82,222
  • Jul 10, 2025 2:01pm Jul 10, 2025 2:01pm
Quoting wannagotogym
{quote} Tell it to gold rn
Next two weeks have major news, CPI, PPI, Retail Sales, Fed rate, NFP, Core PCE (which fed use for inflation). No major players are doing anything until this information is known but then trump could tweet something, so who knows.
  • #82,223
  • Jul 10, 2025 2:02pm Jul 10, 2025 2:02pm
Quoting EqKai7
{quote} Need to break 3322 to continue upwards IMO {image}
finally it breaks 3322 phew .. i can relax now ..
DYOR & risk it smart ... not my call.
  • #82,224
  • Jul 10, 2025 2:09pm Jul 10, 2025 2:09pm
Quoting GoldGod
{quote} Entry likely soon — watching for confirmation. {image}
Done for today—no trades.
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GoldGod Flip3 Return Today: na
  • #82,225
  • Jul 10, 2025 2:12pm Jul 10, 2025 2:12pm
Quoting EqKai7
{quote} finally it breaks 3322 phew .. i can relax now ..
Drawdown? I hate it, never been able to handle the anxiety from it.
  • #82,226
  • Jul 10, 2025 2:24pm Jul 10, 2025 2:24pm
good day today got about 80 pips
4 break evens and
1 loss
4 profit
i am still confuse about increacing the number of trades everyday but keeping them short or getting into fewer trades and getting big targets ...really confuse ngl
  • #82,227
  • Jul 10, 2025 2:29pm Jul 10, 2025 2:29pm
Quoting notabdullah1
good day today got about 80 pips 4 break evens and 1 loss 4 profit i am still confuse about increacing the number of trades everyday but keeping them short or getting into fewer trades and getting big targets ...really confuse ngl
confused about number of trades per day?
  • #82,228
  • Jul 10, 2025 2:30pm Jul 10, 2025 2:30pm
Someone sell this beast, can be QM...
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  • #82,229
  • Jul 10, 2025 2:50pm Jul 10, 2025 2:50pm
Quoting DmShka
Someone sell this beast, can be QM... {image}
too many false breaks for a lower. Will hold onto this overnight and see if we retrace the Asia session to near 3300
Insane in the Brain..
  • #82,230
  • Jul 10, 2025 2:58pm Jul 10, 2025 2:58pm
Quoting BeeTogether
{quote} too many false breaks for a lower. Will hold onto this overnight and see if we retrace the Asia session to near 3300
Still wanna see yesterday levels, but market against bears, cause cut rates and political situation, all wanna have gold as safe harbor, if price go higher I will close my positions
  • #82,231
  • Jul 10, 2025 3:02pm Jul 10, 2025 3:02pm
Quoting M31
{quote} confused about number of trades per day?
like should i take more trades with more risk (like i am doimg now ) or lower the number of trade to find better trade setups with better risk to reward ratio ...like just asking is quntity over quantity is good or not
  • #82,232
  • Jul 10, 2025 3:24pm Jul 10, 2025 3:24pm
Quoting BeeTogether
{quote} too many false breaks for a lower. Will hold onto this overnight and see if we retrace the Asia session to near 3300
Seems like USD bulls have given up for the day. Let's await tomorrow.
  • #82,233
  • Jul 10, 2025 3:26pm Jul 10, 2025 3:26pm
Learning trading for 2 years, started live trading yesterday , took 15 trades today
2 losses
13 wins
overall 29 trades , 4 losses n 25 wins. m I going good or m I overtrading?
  • #82,234
  • Jul 10, 2025 3:29pm Jul 10, 2025 3:29pm
Quoting xausrz
Learning trading for 2 years, started live trading yesterday , took 15 trades today 2 losses 13 wins overall 29 trades , 4 losses n 25 wins. m I going good or m I overtrading?
If you're winning most your trades there's no such thing as overtrading. If you were losing and doing the same amount of trades then its a cause for concern. Just keep up the good work when the losses occur try tone it back alittle. Especially because you have just started your account you can take more risk. When you are to accumulate a big account then maybe start toning back and taking your time with it.
  • #82,235
  • Jul 10, 2025 3:54pm Jul 10, 2025 3:54pm
Quoting AbueloDegen
{quote} what broker is this please...
sorry, but you “quote” didn’t appear.., i saw it by chance..,
XMGlobal
dolce vita
  • #82,236
  • Jul 10, 2025 4:06pm Jul 10, 2025 4:06pm
Quoting notabdullah1
{quote} like should i take more trades with more risk (like i am doimg now ) or lower the number of trade to find better trade setups with better risk to reward ratio ...like just asking is quntity over quantity is good or not
It depends on what you are ultimately comfortable with, risk & stop loss should be set on what you are comfortable losing. A good rule is if you're going counter trend or a trade you think has more risk than normal, half your normal lot size.

Most advice is 2-3 trades per trading session, max 4-5 trades a day but this comes from commission / spreads. (A broker wants you to trade little and often) and more than 4 trades, you're likely overtrading. But if you're scalping you will be doing way more than this.

Track your win rate, is best advice I can give. You will start to spot a pattern, most of my losses are Europe session and on a Wednesday. So, I generally skip Europe. Think of the way a session begins, first hour is the manipulation / liquidy sweeps / first hour candle close and 4 hour candle after an open, the trading volume starts to come in. This is when ideally you should be trading, then its lunch and afternoon sessions don't generally do much, so it works out about 2-3 a day, unless you're taking small pips.

These are my rules

2 losses in row, I stop trading session
3 losses I stop for the day
5% capital loss I stop for the day
10% capital gain, I stop
20% equity gain, I close the trade
200 pips win for the day, I stop

My targets are with the fib tool
Buy , 1st take profit is partial at 100%
2 take profit is the remaining quantity at 150%

Sell, 1st TP at 100%
full quantity at 125%

I don't set a max number of trades per day or week
  • #82,237
  • Jul 10, 2025 4:12pm Jul 10, 2025 4:12pm
Quoting death-wish
{quote} If you're winning most your trades there's no such thing as overtrading. If you were losing and doing the same amount of trades then its a cause for concern. Just keep up the good work when the losses occur try tone it back alittle. Especially because you have just started your account you can take more risk. When you are to accumulate a big account then maybe start toning back and taking your time with it.
That’s a solid mindset. Totally agree — if your win rate is high and you're sticking to a plan, it's not really overtrading. The key is knowing when to push and when to slow down. Risk management becomes even more crucial as the account grows. Thanks for the reminder — good discipline early on sets the tone for long-term success.
  • #82,238
  • Jul 10, 2025 4:34pm Jul 10, 2025 4:34pm
I think now forex factory wont put me in moderation ques to post a reply for 3 hours
  • #82,239
  • Jul 10, 2025 4:50pm Jul 10, 2025 4:50pm
Quoting BrokeyGold
{quote} Yes, it is. If this crazy PA finally goes south....
Did you closed around 3311 or it still running?
Behold
  • #82,240
  • Edited 7:33pm Jul 10, 2025 7:07pm | Edited 7:33pm
Quoting Dutchy Daxy
{quote} Possible Swing longs above 3333<>3335 Monthly VWAP/declining channel Possible Swing short below 3320/Wk POC down to 3300>>3275 bottom declining channel Between 3345<> 3300 just scalping. Little bearish but no real trend now on the longer TF charts. Price locked in a triangle as you can see on the Daily chart. Price hovers between MPP 3345/50<>WPP 3325/3300. Needs a trigger to break out that narrowing range. That means patience here. That is what is says (to me) Sorry. Don't have a crystal boll to tell where it will go from here. North...
On the Daily still locked inside that triangle.

On the 240M it tries to BO but still below the MPP and M VWAP.

On the Renko I wait till it moves above the DR1 3336<>3337 for a Scalp long to 3350<>3355
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It's better to be out wishing to be in... than to be in wishing to be out!
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