Gold

Maybe try buy the dip after this or just waiting to sell from 3400 and also the 3385 will be seen what are your plans (removed the magnets from down taking no risk it might go to ath)

First trade hit the SL of 1.5 points... no bounce here... waiting for the next :-)

3390 could be tough to break but really depends on what ISM will say. for me, usd and labor market is tanking due to weak jobs report and investors expecting rate cuts in sep so its possible for gold to do the opposite and break it through absorbing the sells on there. i am so bullish until supply takes over at 3420. lmkyt. thanks

honestly i dont know how to do that,
traders aks me questions i leave voice messages when i can explain the move adn reason behind it,
the big problem is its evolving market,
last year conditions were different it was all about interest rates,
this year its Politics VS fundamentals battle
i honestly dont know how my mind works,
but i just good at understanding fundamentals and their long term effects on currencies and Gold etc.
but i will try.
remember this is not Quick rich scheme,
its very liquid market
and higly profitable,Never seen a business that can grow your money faster then in trading.
stocks gives you 8-10% yearly,
if you trade even with low leverage and even 1-2 trades a day 10% a month is not hard.
but problem is you wanted to be millionaire in 5 five years.
that is the allure of this bloody market.
100$ GOLD move wiped out 350B according world gold council,
not many think or ask where that money actually went,
why the hell hedge funds, investment companies, institutions dont loose i mean ever 2007-2008 apart.
still after loosing 50% of their capital Citadel build it again and went from 10B to 350B $ hedge fund.
how do they do it?
what they know that you dont,
how they think about money, and markets is very very different then a middle class man thinks,
trust me,
wealth doesnt start in your wallet. it starts in your mind.
you need a Trader Midset. not gambler
always ask your self are you trading or gambling.
anyways i will do my best.
i posted few video's
the problem is people the phycology says humans dont want to remember the loss,
its fact because look at your trading account, have you ever kept a blown account and funded it again???
no no broker now a days give you option to create new mt4 mt5 trading view doesnt matter the new live account in seconds,
why because if you keep that acccount and always look at history you will learn form your mistakes,
first of all you need to look at your sepnding habits,
honestly i keep track of every single $ i spend.
till today
then discipline beats moviation every time,
motivation fades away when stress strikes but if you are disicplined and make trading a route a habit like joggin every day for 1 hour
so you trade 1 trade choose carefully do your research because that is what i did.
in the beagning it was nothing for almost a year nothing then the power of Compounding took effect,
the eight wonder of the world.
it works on everything that is your only tool.
for eg you account is now 1k so you trade with 0.01 or 0.2 lot size, once it gets to 2k you double your lot size same risk same reward but profit is not double.
keep doing it repeat and in few years if you can be consistent the results will be mind blowing.
and another problem.
befoer it was money, every trade we choose and actually have to write how much money we are trading with,
like 0.01 lot has $1,000 in it,
and people kept trading with low leverage, then broker switched to lots 0.01 lot what you guys see is its just 10 cent trade in major pair and in cross pair its almost half
i asked many traders about their account balance and lots they were trading with,
i thanked GOD 100 times i still use the Money mathod.
i asked many traders with 1k 2k accounts what they see is pips
sir its just 0.1 lot side its 1$ per pip,
i feel sorry for them there was no one to teach them proper money management,
hell you are using 10:1 leverage for each trade and like the rest always 2-3 open trades that makes the total leverage 30:1
and the fear of loosing money keep them hold the loosing trades,
you hold a loosing trade for -100 pips in hopes it will og back,and close the winning tradew ith 30 pips profit.
that is not trading in my opinion,
i do mostly swing trading so i do keep -100 pips trades but i wait for +100 pips also.
as soon as the price is back even close to break even most traders clsoe their trade and thank god that they got out of the trade.
the problem with that is in long term maybe some trades will not come back that is why i hedge.
and then forget about it for few days or atleast few hundred pips
and major pair moved 400 pips at a good point you open the trade and wait .
a wise man my mentor actually once told me
The Big money is not in the buying or selling it is in the waiting.
and oh boy he was right, it took me sometime to adopt but i did.
you want things done fast want ot learn this bloody most complex market in the world in few months,
that is why you are loosing even after 5 years.
you dont want big money t invest i have seen 3M dollar account vanish in few months a chinese guy i found once back in 2020
my point with $7 Trillion moving daily do you really think you 1k or 10k or even 100k will matter if you are not careful?
please dont mind my words might be harsh,
but as the saying goes:
truth is strager then fiction sometimes...

about mentor i always reply ot messages when i am free i sent voice messages and try to explain as much simply as i can.
.
i should say Good Luck.
but Luck is when Preparation meets opportunity.
its like bird watching game,
dont rush it.
if you missed a rally in gold or or any other currency pair its fine there will awlays be another be patient,
watch my video about discipline and i hope you will find it helpful.
i didnt make it actually i have traders who do that for me most of them are freelancers so they copy my trades and in return make video's for me,
i just write the script when i am free,
its beeter that way,
hopefully it will reach to more people.
soon there will be time when according to economist max 5 years when middle class cannot afford the life style they are used to even the needs not wants
the basic needs you have to start saving money and then invest in your future,
when i started i never thought in my life i will get this far,
because i i ddint wanted to be a millionaaie or billionaire,
i just wanted a life where i will not have to worry about the next bill school fees,
i needed peace of mind and money is the only thing now a days which does that.
so i started learning what ever i learned from 2007-2011 was these indicators and news economic calenders fake news.
GOVT manipulates the Currencies every country does that trust me.
anyways after that when i joined investment company i saw traders asked them questions,
saw them how they trade, one guy once told me its not about what you do most of the time it is about waht you dont do,
you dont rush into trade just because you saw a sudden price movement.
anyways one valuable lesson i learned from top trader was always have options.
never ever stick to just one pair one currency.
for eg there is time when gold doesnt make sense to me. the move is not loigcal or spikes,
i stop move to ther pairs there si 35 otherapirs then just gold even in gold you have gold eur gold pound gold chf goldaud etc
every one reacts different according to their economic development and fundamentals.
most guys here are stick with just one pair thaat in my opinion is the biggest mistake mistake you are stuck and the need you feel to trade every day even opening small trade, that will be there it never goes away, trust me i still trugle with over trading after 15 years.
it may sound far fetched but i dont lie,
i am not here to proof i am great trader, i am here because i have leared soo much from this website.
and i feel like i should give it back but hte problem is i dont have time for it.
so i started writing when iam free so people some i know will make video's nd maybe just maybe some day someone even after 5 years will watch and learn something, you dont need a system or strategy all you need a shift in your mid set
so you stop surviving and start thriving.

i hope that was helpful.
wish you all the best

hello Guys if i were you i will not buy GOLD.
i sold 3380 as mentioned in my earlier post.
but buy is not an option for me atleast.
dont look at calender ISM etc.
there is a reason everysingle website about trading so called free analysis,
ask your self are they free, have nothing else to do other then write articles for you about buying or selling?
they are getting paid by big boys hedge funds etc,
to through the market off balance,
and hell they are always in sync,
they never trade against each other the only real target is retail traders.
and we fall for the fast move or spikes and market reverse we loose.
its not accident how the hell nfp made gold move 50$ in 15m
they were ready they put their orders in advance massive positions.
billions.
oh dear honestly i am tired of writing.
good luck guys.

My target for the day is 3405. Will add positions at 3371

i am in the long side and had averaged at 3374

Sell at 3380, where is your SL and TP?
Please do keep writing

cut loss 3375, and short 3374, 20 lots

StopLoss Hit

spammer, i suspended him

gold range today

Added long at 3371

This is beginning to look more like a break and retest scenario on the H4 .... likely leading to the direction of the major Breakout on the HTF?? Till then. Keeping a close eye.

**
+strong confluence. (trendline +Prv. resistance +Fib .618. retracement level)

No plans to buy

as long as those demand lows are intact, we most likely gonna break yes

60-70 buy zone. Buy the dip

Zero plan to hold buy or sell here kinda, it gonna breakout in HTF. Im waiting for a confirmation

I'm in with u...

I think its soon to plan to buy. I wait until 3347 or 3318