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Gold with thedaytrader

  • #581
  • Sep 5, 2025 7:02am Sep 5, 2025 7:02am
Quoting stealyerface
Current trade. Entered way to early after the trendline break and retest. Stop loss is under the 30min 100 ema. Stop loss moved to break even after 1xATR (7.1) Take profit at daily ATR via the indicator @dartboardio recommended! Hopefully we can break out of this box! Also, I trade gold futures so the prices will not match yours! Key levels are very similar though. {image}
Stopped out BE. I knew that 3560 level wasn't going to break and I let it run anyway. Oh well!
Easy Does it.
  • #582
  • Sep 5, 2025 7:12am Sep 5, 2025 7:12am
Quoting Sumit612
expecting a spike down in NFP then continuous upwards with the trend

Gold started showing sell signals so it's likely going to sell during nfp but it has to be supported by the nfp data because the prevailing trend is bullish just that it's giving sell signals today
  • #583
  • Sep 5, 2025 7:15am Sep 5, 2025 7:15am
Quoting stealyerface
{quote} Stopped out BE. I knew that 3560 level wasn't going to break and I let it run anyway. Oh well!
same, i entered a couple positions in the last 30 mins but price quickly showed me it wasnt playing ball in either direction.

sitting this one out and praying the data is not mixed lol
  • #584
  • Sep 5, 2025 7:15am Sep 5, 2025 7:15am
Possible move with NFP...
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My posts are for educational purpose only.
  • #585
  • Sep 5, 2025 7:21am Sep 5, 2025 7:21am
Quoting dummytt
Possible move with NFP... {image}

high probability sell at 3558-3563
  • #586
  • Sep 5, 2025 8:44am Sep 5, 2025 8:44am
we will see gold selling little bit if it breaks 3572 and goes down
  • #587
  • Sep 5, 2025 1:27pm Sep 5, 2025 1:27pm
Quoting thedaytrader
{quote} Oh dint see this... are you in this trade now ?
Yes I was in this trade and it hit my target. I am going to check your post after a day. Sorry.
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Hi I'm Aayush.j
  • #588
  • Sep 6, 2025 6:52pm Sep 6, 2025 6:52pm
In my view, If anyone is swing trader like me than we shouldn't trade against data.
Because in long term, its always going to respect it.
Last NFP worst.
Now this NFP even more worst.
I am looking Gold to Fly to 3700 in the coming week.
I will keep buying the dips unless there is some good news of dollar.
What are your thoughts about this?
  • #589
  • Sep 6, 2025 8:56pm Sep 6, 2025 8:56pm
Quoting DocStrange
In my view, If anyone is swing trader like me than we shouldn't trade against data. Because in long term, its always going to respect it. Last NFP worst. Now this NFP even more worst. I am looking Gold to Fly to 3700 in the coming week. I will keep buying the dips unless there is some good news of dollar. What are your thoughts about this?
Also, there is no news of USD before Wednesday NY..
So, till then gold can fall because its already overbought on HTFs and need retracement..
But the people will keep buying the dips..
I'll stay on the fact that in longer run 3700 is nothing for gold to achieve within next 2 weeks..
  • #590
  • Sep 7, 2025 12:01am Sep 7, 2025 12:01am
Quoting TradesofGold
{quote} Hey, you'd sound much more credible if you said you're well-versed in market dynamics, mixing your technicals with fundamentals. I hate to burst your bubble, but that whole 'trading with the banks' phrase is mostly just for show. The info they use is on a completely different level than anything we can access. Sure, we can try to follow their footprints, but there's no way we're trading with them.
its just for show if you do not understand what the market is trying to do and where we are in the current phase. read what the usd is doing.. look at what the bonds doing.. understand what is happening on the job market and its impact on fed decision.. understand the policies that may impact markets.. read articles that give market to change sentiment and it will not "just for show".. i hate to burst your bubble but that is how you can "trade with the banks"...
  • #591
  • Sep 7, 2025 12:04am Sep 7, 2025 12:04am
Quoting thedaytrader
{quote} Hahaha... I hope the "banks" keep calling you to tell what they all have collectively decided to do for you...
Hahaha... I hope the "fractals and cute triangles" keep calling you to decide and trade the market...
  • #592
  • Sep 7, 2025 1:30am Sep 7, 2025 1:30am
GOLD analysis with my entry position for Monday opening.
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  • #593
  • Sep 7, 2025 10:12am Sep 7, 2025 10:12am
Bullish on gold this week technically and fundamentally however not naive enough to assume it will just move up in a straight line, I expect it to rebalance itself and potentially move down to 3572, if 3572 breaks, next downside target will be 3555, if that breaks, next target 3526 although i dont see that one coming into play.

After that, will be looking for longs back to weekly highs 3600 and beyond based on anticipated soft data coming later on in the week


Lets trade what we see and have patience

Have a great week!!
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  • #594
  • Edited 3:15pm Sep 7, 2025 1:20pm | Edited 3:15pm
Looking for shorts until Wednesday. Breaks of key levels only. Otherwise bullish for a most likely a soft PPI
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Easy Does it.
  • #595
  • Sep 7, 2025 8:19pm Sep 7, 2025 8:19pm
Quoting thedaytrader
{quote} I am done for the day... leaving the last trade On with my EA to exit, with either TP or trailing SL... will update the result on monday... have a nice day and weekend ahead
Good Morning Everybody :-)

The last trade I left with my EA on friday exited (Trailing) with a +2.0 point profit.

So the final tally is:

Day Date Trades Net
----- ---------- ------ -----
Day 0-20 Jul_Aug-2025 47 +23

Day 21 18-Aug-2025 3 +5.5
Day 22 19-Aug-2025 3 +2.0
Day 23 20-Aug-2025 3 -3.5
Day 24 21-Aug-2025 2 -2.0
Day 25 25-Aug-2025 3 -3.5
Day 26 26-Aug-2025 1 +3.0
Day 27 27-Aug-2025 4 -3.0
Day 28 28-Aug-2025 3 -1.5
Day 29 29-Aug-2025 2 +8.5
Day 30 01-Sep-2025 2 +6.5
Day 31 02-Sep-2025 4 +5.0
Day 32 03-Sep-2025 0 0
Day 33 04-Sep-2025 4 -5.5
Day 34 05-Sep-2025 2 +5.5

Total trades since 18-July-2025 : 83
Total profit since 18-July-2025 : 40 points

Trade Like a Casino, Not a Gambler
  • #596
  • Sep 7, 2025 8:38pm Sep 7, 2025 8:38pm
Day trading Profitable System

In the last two months (starting 18-July, in the Gold Interactive, then here on this thread, after they debarred me from writing there), I wanted to show everyone (new and experienced traders), how a simple system can be traded profitably, by using strict trade management principles. Have a small edge (for Entry) and strict Exit rules.

I took (all live trades here, gave all the levels before I traded them) 83 trades in total and the account went up by 40%. Max risk per trade was 1.5%. You have all seen it here and its documented, so that you can verify it later.

The main idea was that irrespective of the method you follow of Entering a system (with any default SL/TP), you can make sure that you never lose if you have strict SL closing mechanism. Basically reduce the SL to break even as soon as you can, never ever increase the SL after you take trade and never ever reduce the TP after you take the trade. This simple thing will make sure that you never lose... And if you have an edge of Entry (like we had here of Bounce Points) then the system starts being profitable.

Anyway, I will not be giving any more levels/trades from today onward on this system. You can check my posts (they are all linked by quotes/replies) to see the trades. If you have anything to ask, you can DM me or write to me at [email protected]

Even if you need help with your system or maths/psychology of your system, I will be happy to help.

I will leave this thread open, if you want to continue writing here, as I find the other Gold thread moderator (ChiForex) keep "ignoring" people randomly

Happy Trading
Trade Like a Casino, Not a Gambler
  • #597
  • Sep 7, 2025 11:08pm Sep 7, 2025 11:08pm
Quoting thedaytrader
Day trading Profitable System In the last two months (starting 18-July, in the Gold Interactive, then here on this thread, after they debarred me from writing there), I wanted to show everyone (new and experienced traders), how a simple system can be traded profitably, by using strict trade management principles. Have a small edge (for Entry) and strict Exit rules. I took (all live trades here, gave all the levels before I traded them) 83 trades in total and the account went up by 40%. Max risk per trade was 1.5%. You have all seen it here and its...
Thanks for the summary!

Would you mind sharing your EA before you leave this thread forever?
  • #598
  • Sep 8, 2025 3:22am Sep 8, 2025 3:22am
Quoting thedaytrader
Day trading Profitable System In the last two months (starting 18-July, in the Gold Interactive, then here on this thread, after they debarred me from writing there), I wanted to show everyone (new and experienced traders), how a simple system can be traded profitably, by using strict trade management principles. Have a small edge (for Entry) and strict Exit rules. I took (all live trades here, gave all the levels before I traded them) 83 trades in total and the account went up by 40%. Max risk per trade was 1.5%. You have all seen it here and its...
preety sad to see you go as you were a great person to trade with...........anyways YOU MAY KEEP GETTING PROFITS .......
  • #599
  • Sep 8, 2025 3:23am Sep 8, 2025 3:23am
I am holding long now but not sure about the target as we are pretty much in uncharted territory
This is one thing that I need to improve my trading skill (to project target in uncharted territory) ...for now I rely on PA
  • #600
  • Sep 8, 2025 3:58am Sep 8, 2025 3:58am
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