{quote} Hi pewebly, Thank you for your contribution! I’m a bit swamped at the moment, but if nothing’s been done by the time I go on holiday in July, I’d be happy to help out
- #11,622
- Jun 8, 2026 9:23pm Jun 8, 2026 9:23pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Tuesday Jun09 Tokyo 11am
- what to trade ?
>>> CONTINUATION of the Weekly and Daily
- when to trade ?
>>> Price Action during 'news' every hour
...
- what to trade ?
>>> CONTINUATION of the Weekly and Daily
- when to trade ?
>>> Price Action during 'news' every hour
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #11,623
- Jun 9, 2026 2:47am Jun 9, 2026 2:47am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Tuesday Jun09 Tokyo 11am - what to trade ? >>> CONTINUATION of the Weekly and Daily - when to trade ? >>> Price Action during 'news' every hour {image} ...
XAU Jun09 H1 London 8am
- If you wait 20 mins for the ...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #11,629
- Jun 9, 2026 11:49am Jun 9, 2026 11:49am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts
Always a Student, Never a Master - Emulate What Works
- #11,630
- Jun 9, 2026 9:08pm Jun 9, 2026 9:08pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Hi emmanual, thanks for your posts. Do you see gold falling lower, I assume you're suggesting a possible short due to continuation on the daily/weekly which both appear to support strong sells. However, I notice some significant S/R on the daily/weekly at this current level which may influence the decision to short at this point? Also quite risky given the constant shift in Middle East and possible deal? Look forward to your thoughts on this.
The Middle East is a geopolitical cancer and there is no cure. Many will die.
GOLD market sentiments is bearish at the moment. My trading is more based on technicals and with full risk-control.
XAU Jun10 H1 Tokyo 11am
- more selling pressure
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #11,633
- Jun 10, 9:30pm (25 hr ago) Jun 10, 9:30pm (25 hr ago)
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} The Middle East is a geopolitical cancer and there is no cure. Many will die. GOLD market sentiments is bearish at the moment. My trading is more based on technicals and with full risk-control. XAU Jun10 H1 Tokyo 11am - more selling pressure {image} ...
XAU Jun11 H1 Tokyo 11am
- 'smart money' at work today
- sell the rallies in a downtrend
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #11,635
- Jun 11, 7:11am (15 hr ago) Jun 11, 7:11am (15 hr ago)
Hi there, I am posting three charts - two with good signals and profit and one chart to see the difference. Hope this helps. Thank you RH! P.S Please note, I use RR 1:1 but according to RH advice you should exit according to the RSOR indicator. {image} {image} {image}
I have a question for you, please check RH post 11616, and then ask yourself if you obeyed ALL OF RH's rules of engagement.
trading 5 min time frame charts requires sound knowledge coupled with experience, hope this helps
Ben
- #11,637
- Jun 11, 11:55am (10 hr ago) Jun 11, 11:55am (10 hr ago)
{quote} hi pewebly, I have a question for you, please check RH post 11616, and then ask yourself if you obeyed ALL OF RH's rules of engagement. trading 5 min time frame charts requires sound knowledge coupled with experience, hope this helps Ben
It is a great pleasure for me to read all of Robin Hood's posts, not only because each one of them contains invaluable trading knowledge, but also because they include life stories and advice that can be applied not only to Forex trading but to life in general. Robin Hood is a great person, and it is a privilege for me to be part of this small community. The only thing I slightly regret is that I don't know him in real life. From everything I've seen, he appears to be a fantastic person and a true professional.
Regarding trading on the M5 timeframe, I am fully aware that it is difficult, but I believe everyone needs to find their own comfort zone. I am a dynamic person, and H4 is simply too slow for me. I'm not comfortable going to sleep while I have open positions. Besides, gaining experience and knowledge requires volume, and accumulating enough of both on a higher timeframe would take an extremely long time.
- #11,638
- Jun 11, 8:30pm (2 hr 21 min ago) Jun 11, 8:30pm (2 hr 21 min ago)
[quote=pewebly;15752207]{quote} Hi btrfx1 and thank you for your advice! It is a great pleasure for me to read all of Robin Hood's posts,
Morning pewebly. Uh Oh
Think my point was missed, when I duplicated your chart and copied it using 3 more views, e.g. 15, min 1 hr and above, RH's message is very clear,, he only takes trades where the higher time frames confirm his view of the 5 min trade he is trading.
I am sure RH would agree with what I just said as it was clear in post 11616, where his words were clear as diamonds.
If you are uncomfortable going to sleep while in a trade, you may have to review your trading plan.
Sorry mate, just my understanding of ALL OF RH'S RULES,
Yep he is a great guy and excellent teacher, lucky to survive all his head banging on the concrete floor, years ago (RH will understand our private joke)
Good luck with your trading 5 min charts, just ensure you see it for what it is.
Ben
Morning pewebly. Uh Oh
Think my point was missed, when I duplicated your chart and copied it using 3 more views, e.g. 15, min 1 hr and above, RH's message is very clear,, he only takes trades where the higher time frames confirm his view of the 5 min trade he is trading.
I am sure RH would agree with what I just said as it was clear in post 11616, where his words were clear as diamonds.
If you are uncomfortable going to sleep while in a trade, you may have to review your trading plan.
Sorry mate, just my understanding of ALL OF RH'S RULES,
Yep he is a great guy and excellent teacher, lucky to survive all his head banging on the concrete floor, years ago (RH will understand our private joke)
Good luck with your trading 5 min charts, just ensure you see it for what it is.
Ben
- #11,639
- Last Post: Jun 11, 10:22pm (28 min ago) Jun 11, 10:22pm (28 min ago)
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} XAU Jun11 H1 Tokyo 11am - 'smart money' at work today - sell the rallies in a downtrend {image} ...
XAU Jun12 H1 Tokyo 12pm
- we retail traders cannot beat the "smart money' with very deep pockets
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett