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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #55,381
  • Jun 8, 2:26am (15 hr ago) Jun 8, 2:26am (15 hr ago)
Quoting ElCampeador
{quote} 4.480 is the key figure now to extend close to 4.700
Run up is going to be fast
Soy el Patron
  • #55,382
  • Jun 8, 2:33am (15 hr ago) Jun 8, 2:33am (15 hr ago)
Quoting AmorphousTr
XAUUSD Buy Update Trendline breakout confirmed and buyers are stepping in. Trade is now risk-free with SL moved to breakeven. As long as price holds above 4298, I remain bullish toward 4326–4328. Protecting capital first, letting profits run. #XAUUSD #Gold #RiskFreeTrade #ForexFactory {image}
XAUUSD Update
First target achieved — +150 pips secured.
The trendline breakout played out as expected, and price delivered a strong bullish move. The position is now risk-free with SL moved to breakeven, allowing the trade to run toward higher targets while protecting capital.
150 pips booked. Risk eliminated. Letting the market decide the rest.
#XAUUSD #Gold #ForexFactory #PriceAction #RiskFreeTrade #TargetHit
  • #55,383
  • Jun 8, 2:46am (15 hr ago) Jun 8, 2:46am (15 hr ago)
Quoting Deal
Well guys, up to them, day done again. See you guys tomorrow, unless they want give 2 deviations no more trade to me today... Maybe i am beeing naive, i don't know, Day 6 complete.... Safe trades.
It was a simple trade again today. I missed it because I was sleeping. However, looking at that 21:00 NY break and hit of -1 SD, price still looks to fall further down. But I have learnt not to trade after -1 SD is hit. Maybe they can give -2 and that is the only place I may consider a buy. That said, my only warning for bear is that price hit the distribution levels for the month at 4260 and that may help bulls at some point. Chart below: yellow line where price sits is monthly distribution level (which is the area we hit in May and flew price up). Yellow line above is monthly mean and median manipulation zone on bear side.

Thank for the lectures, Deal. I am a good student.

Have a great day.
Attached Image (click to enlarge)
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  • #55,384
  • Jun 8, 2:48am (15 hr ago) Jun 8, 2:48am (15 hr ago)
just "my opinion".., no prediction.., for this week

to test /without to break 4380-4420th area - is essential
to test/ no rush 4200-4250th area.., is "must-have".., because "44xx door" is open (?!)

just let pattern to be built

happy trading



p.s. "our darling gold" can go only up(?!) - adding sarcasm note.., not want to harm anyone
on the other hand.., "no harm no foul" - if to break 4390th.., and 4480th then
dolce vita
  • #55,385
  • Jun 8, 2:49am (15 hr ago) Jun 8, 2:49am (15 hr ago)
fasten seat belt ladies & gentlemen. Anytime from now we will get going
Soy el Patron
  • #55,386
  • Jun 8, 2:51am (15 hr ago) Jun 8, 2:51am (15 hr ago)
I agree that 4480 is an important figure now.
But after a fast run, I would be careful with chasing the move directly. For me the key question is not only whether gold can touch 4480, but whether price can accept above it.
If XAUUSD breaks 4480 and then holds it as support, the move toward higher levels becomes much cleaner. But if price only spikes there and rejects quickly, then it may just be a liquidity push before a deeper pullback.
So my view is:
1. Let the market reach the level.
2. Watch the reaction.
3. Wait for acceptance or rejection.
4. Only then judge whether the next leg has real continuation.
Fast moves are attractive, but gold can punish late entries very quickly.
Just my view.
GDS Renko Research Studying Renko market structure, XAUUSD behavior
  • #55,387
  • Jun 8, 2:51am (15 hr ago) Jun 8, 2:51am (15 hr ago)
Quoting ElCampeador
{quote} Run up is going to be fast
it used to be

let's watch 44xx

safe trades

dolce vita
  • #55,388
  • Jun 8, 2:57am (15 hr ago) Jun 8, 2:57am (15 hr ago)
Quoting Mitiblotch
{quote} It was a simple trade again today. I missed it because I was sleeping. However, looking at that 21:00 NY break and hit of -1 SD, price still looks to fall further down. But I have learnt not to trade after -1 SD is hit. Maybe they can give -2 and that is the only place I may consider a buy. That said, my only warning for bear is that price hit the distribution levels for the month at 4260 and that may help bulls at some point. Chart below: yellow line where price sits is monthly distribution level (which is the area we hit in May and flew...
From what I see, even when/if price dumps it may be hard to stay below 4260. Very, very hard.
  • #55,389
  • Jun 8, 2:59am (15 hr ago) Jun 8, 2:59am (15 hr ago)
Quoting babayaga
{quote} it used to be let's watch 44xx safe trades
You are very right. A bit hard in the beggining then we switch to panic mode.
Soy el Patron
  • #55,390
  • Jun 8, 3:03am (15 hr ago) Jun 8, 3:03am (15 hr ago)
silver.., "back to TL" (??!)

H4, ichi, WPPs, Fib

Attached Image (click to enlarge)
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just about Fib:
161.8 been work out - 67.40-68.50th area
261.8 - 60.30-63.30th area - "to be or not to be".., dilemma

dolce vita
  • #55,391
  • Jun 8, 3:06am (14 hr ago) Jun 8, 3:06am (14 hr ago)
They must understand money cannot just be printed. Hence why countries like turkey sold a lot of their commodities i.e gold to tackle inflation and higher oil prices.

Same goes for institutions.

If not this war I personally don't think such a retracement would've happened.

Institutions are seeing this as an opportunity of a life time. Not just them but countries as well.

With each year going by assets becomes more expensive. Especially metals and certain electronics. Microchips, RAM so on.

An all time high price for gold is and will happen. .

You guys are forgetting that gold is able to range as we have seen. It doesn't have to reach the 5000 level this year or next. (Even in the 10 years) although I disagree with that, it's just an example.

Gold is seen by government and institutions as an asset gaining value of time. This can be year's.

If a country buys an x amount of gold equating to hundreds of millions of dollars they are looking at it as an investment. Who knows what will happen in the next 5 years. Hypothetically speaking if could be 7000+ we never know.

I Just want to point out to all the people thinking we will see 4500 levels again of expecting bullish from here.

The move has happened already. 4420 is the furthest if day we go even though I highly think it's unlikely we will push past 4400.

Countries and institutions are wanting a lower price.
Asia was buying gold on the low and still are, even they are not stupid and see the clear picture here.

An investment like this can mean possible billions of added GDP for its country long term.

It's now best to study NY as Trump is the market mover right now. Issue is and just this one thought I ask myself.

What if gold does really make a higher low and reverses from there.

I'm sticking to my bias and actual factual information.
There's a video I can link if anyone wants explaining China's commodity investments which were "hidden"
They have been buying on the low.

Next 20 years this world will be much different.
I'm expecting Asia to fully be full hi tech engineered.
African countries to have a high GDP due to rare minerals undiscovered.

There is a reason why some countries want to move away from the US Dollar.

Trends change in real life as well not just the markets.

This is really a weird situation.
Monitor NY Closely, Watch Trumps conferences etc.

He sadly is the market maker at the moment whether we like it or not.

Just don't forget we was on 3260 this time last year.

Still a 1000 Dollar difference which even that is a 31.7% increase in investment in just a year!

The world saw the potential of gold. Now big players are looking to get their full on investment into it at a good price.
  • #55,392
  • Jun 8, 3:09am (14 hr ago) Jun 8, 3:09am (14 hr ago)
Equivalente to what we have now
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Soy el Patron
  • #55,393
  • Jun 8, 3:15am (14 hr ago) Jun 8, 3:15am (14 hr ago)
Quoting Karlzhhh
They must understand money cannot just be printed. Hence why countries like turkey sold a lot of their commodities i.e gold to tackle inflation and higher oil prices. Same goes for institutions. If not this war I personally don't think such a retracement would've happened. Institutions are seeing this as an opportunity of a life time. Not just them but countries as well. With each year going by assets becomes more expensive. Especially metals and certain electronics. Microchips, RAM so on. An all time high price for gold is and will happen. . You...

just about "money cannot just be printed..,"

this is completely wrong if we are talking about "$" and "€".., it's been already done " to save own ass"

will not argue about the rest

have a nice day

dolce vita
  • #55,394
  • Jun 8, 3:17am (14 hr ago) Jun 8, 3:17am (14 hr ago)
Quoting SibiSh
Gold H1 Analysis Gold has broken down aggressively from the descending channel resistance and confirmed a bearish market structure shift after losing the 4400-4420 support area. The sharp sell off created a new weak low around 4310 indicating strong selling pressure in the short term. Price may attempt a corrective pullback toward the broken support zone near 4380-4420 before sellers potentially step back in. As long as gold remains below the descending trendline and the retracement area 4419-4442 the overall bias remains bearish. A rejection from...
Gold remains firmly bearish after a sharp breakdown from the 4440-4450 resistance zone. The chart shows a strong impulsive sell off that broke multiple support levels and is now trading inside a descending channel confirming that sellers remain in control.
Recent price action is forming lower highs and lower lows while every recovery attempt has been met with fresh selling pressure. As long as price stays below the broken support area around 4420-4440 the overall bias favors further downside continuation toward the lower support levels. The broader market sentiment also remains pressured by stronger U.S rate expectations which have recently pushed gold to multi month lows.
Key Levels to Watch:
- Resistance: 4315, 4365, 4385, 4425
- Support: 4275, 4250, 4205, 4180
Attached Image (click to enlarge)
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Patience
  • #55,395
  • Jun 8, 3:19am (14 hr ago) Jun 8, 3:19am (14 hr ago)
Quoting abdulrahmon2
I’m building FirstlookLabs for active traders and I’m testing it with real users before I improve it further. If you actively trade, can you try it for 2–3 minutes and tell me what you think? Link: firstlooklabs.xyz What do you think this tool does?
Very good stuff! And it's free forever. Wow!
  • #55,396
  • Jun 8, 3:22am (14 hr ago) Jun 8, 3:22am (14 hr ago)
Quoting babayaga
silver.., "back to TL" (??!) H4, ichi, WPPs, Fib {image} just about Fib: 161.8 been work out - 67.40-68.50th area 261.8 - 60.30-63.30th area - "to be or not to be".., dilemma
Bro what's your chart are you trading indicators
  • #55,397
  • Jun 8, 3:23am (14 hr ago) Jun 8, 3:23am (14 hr ago)
Quoting babayaga
{quote} just about "money cannot just be printed..," this is completely wrong if we are talking about "$" and "€".., it's been already done " to save own ass" will not argue about the rest have a nice day
Of course they can. Your telling me America will print billions of dollars because of the war?

Sure if they want worse inflation....
  • #55,398
  • Jun 8, 3:26am (14 hr ago) Jun 8, 3:26am (14 hr ago)
Quoting ElCampeador
{quote} You are very right. A bit hard in the beggining then we switch to panic mode.
thank you for your kind words.., but "very" is too much for me

dolce vita
  • #55,399
  • Jun 8, 3:30am (14 hr ago) Jun 8, 3:30am (14 hr ago)
Quoting Mitiblotch
{quote} Very good stuff! And it's free forever. Wow!
Thanks a lot

Yes, the goal is to keep the core tools free for traders who are genuinely trying to learn and improve. I’m just focusing on building something useful and improving it with feedback from the community.

Really appreciate you checking it out
Backtest (Forex, Crypto,...) @ firstlooklabs.xyz
  • #55,400
  • Jun 8, 3:33am (14 hr ago) Jun 8, 3:33am (14 hr ago)
Quoting abdulrahmon2
I’m building FirstlookLabs for active traders and I’m testing it with real users before I improve it further. If you actively trade, can you try it for 2–3 minutes and tell me what you think? Link: firstlooklabs.xyz What do you think this tool does?
Just start your own thread, then you can give step-by-step on what it does?

Most of us don't care; how would we even have any idea what it does?

Unbelievable, giving Nigeria a bad name...

It takes a lot for me to IGNORE you, but you can try.
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