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sjmr2

  • #1,961
  • Sep 17, 2025 1:02am Sep 17, 2025 1:02am
GOLD Short
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_06.57.png Size: 35 KB
  • #1,962
  • Sep 17, 2025 10:01am Sep 17, 2025 10:01am
Quoting stevepatt
GOLD Short {image}
GOLD Long Trade
GOLD Long Trade Result +20 Pips +1.33R

I have been calculating my Reward Wrong it should be 1.33R and NOT 1.66R (15 Pip Stop 20 Pip Reward)
Been back to work today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_15.44.png Size: 30 KB
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_15.54.png Size: 33 KB
  • #1,963
  • Sep 17, 2025 11:31am Sep 17, 2025 11:31am
Quoting stevepatt
{quote} GOLD Long Trade GOLD Long Trade Result +20 Pips +1.33R I have been calculating my Reward Wrong it should be 1.33R and NOT 1.66R (15 Pip Stop 20 Pip Reward) Been back to work today {image} {image}
GOLD
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_17.18.png Size: 54 KB
  • #1,964
  • Sep 17, 2025 11:35am Sep 17, 2025 11:35am
Quoting stevepatt
{quote} GOLD {image}
GOLD
Notice the differnce in New Highs
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_17.32.png Size: 32 KB
  • #1,965
  • Sep 17, 2025 11:46am Sep 17, 2025 11:46am
Quoting stevepatt
{quote} GOLD Notice the differnce in New Highs {image}
GOLD Long
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_17.45.png Size: 43 KB
  • #1,966
  • Sep 17, 2025 12:02pm Sep 17, 2025 12:02pm
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  • #1,967
  • Sep 17, 2025 12:10pm Sep 17, 2025 12:10pm
Quoting senjamerah
{image} {image}
Attached Image (click to enlarge)
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  • #1,968
  • Sep 17, 2025 12:29pm Sep 17, 2025 12:29pm
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  • #1,969
  • Sep 17, 2025 12:38pm Sep 17, 2025 12:38pm
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  • #1,970
  • Sep 17, 2025 12:43pm Sep 17, 2025 12:43pm
Quoting stevepatt
{quote} GOLD Long {image}
GOLD Long Trade Result (-15) Pips (-1R)
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_18.23.png Size: 65 KB
  • #1,971
  • Sep 17, 2025 12:47pm Sep 17, 2025 12:47pm
Quoting senjamerah
{image} {image}
Hi Sjmr,
I hope you are enjoying your holiday.
I see you are keeping your eyes sharp.
  • #1,972
  • Sep 17, 2025 12:57pm Sep 17, 2025 12:57pm
Quoting stevepatt
{quote} GOLD Long Trade Result (-15) Pips (-1R) {image}
GOLD

I won't be Trading any more tonight it's FOMC
But I still ask the questions....
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250917_18.51.png Size: 56 KB
  • #1,973
  • Sep 17, 2025 7:37pm Sep 17, 2025 7:37pm
I am fun testing this Gold scalping with my broker IC Markets and my observation is unless your winning ratio is substantially high enough, trading cost (commission + spread + slippage) can quickly and easily eat out your profits...... Early Asian session is almost impossible to trade due to pretty high spread.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,974
  • Sep 17, 2025 7:56pm Sep 17, 2025 7:56pm
How about watching 1, 2, 3, 4 and 5M charts altogether....? Any benefit?
My quick, temporary setup (Gold futures chart via Quantower):

Attached Image (click to enlarge)
Click to Enlarge Name: 2025-09-18 09 52 46.png Size: 141 KB


Not doing good on the first day of fun test:
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Attached Image (click to enlarge)
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Anyway, it's fun and very good to kill my idle time....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,975
  • Sep 17, 2025 10:02pm Sep 17, 2025 10:02pm
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  • #1,976
  • Sep 17, 2025 10:09pm Sep 17, 2025 10:09pm
Quoting senjamerah
{image}
Attached Image (click to enlarge)
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  • #1,977
  • Sep 17, 2025 10:45pm Sep 17, 2025 10:45pm
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  • #1,978
  • Sep 17, 2025 10:57pm Sep 17, 2025 10:57pm
Quoting senjamerah
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB

  • #1,979
  • Sep 17, 2025 11:08pm Sep 17, 2025 11:08pm
Quoting heispark
How about watching 1, 2, 3, 4 and 5M charts altogether....? Any benefit? My quick, temporary setup (Gold futures chart via Quantower): {image} Not doing good on the first day of fun test: {image} {image} Anyway, it's fun and very good to kill my idle time....
For me more then one timeframe adds confusion.
If you want to pick better levels, zoom out max,
Set levels and zoom back in for trading.

As you asked, you find benefit to watch 5 chart together?
I might be wrong , I have been wrong before
  • #1,980
  • Sep 18, 2025 12:16am Sep 18, 2025 12:16am
GOLD Short
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold (£1 Contract)_20250918_06.10.png Size: 34 KB
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