There is always a range where the price gets trapped. Right now it is between 4,183 and 4,208. It is a dynamic range that continually goes up or down slightly.
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Make More Money - Eliminate DRAMA 11 replies
Just posting my trades, everyone is welcome but no drama 2 replies
Disliked{quote} We may or not need a visit to 4.200/205 to break 4.175 clearlyIgnored
Disliked{quote} there several reasons but mainly its fridays pivot point that wasnt touched{image}
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Disliked{quote} you can use pivots until you transition into just price action...i dont feel like gettin into a detailed explanation why i think price gona bounce there you can learn alot from this guy called davit about pivots ....if you go to his home page and click all the threads he started you'll see how he started out a beginner with no clue and progressed to be a pompous ass wanting 2 years experience and doing well with pivots LOL https://www.forexfactory.com/thread/...-pivot-trading he got sickly couple years ago and i think he passed...Ignored
Disliked{quote} i use it but dont rely on it... i use price action like people did 100 yeqrs ago but i melded it into candlesticks this guy invented candlesticks...he lived 300 years ago and made a fortune with just them...absolutely no indicators https://en.wikipedia.org/wiki/Honma_Munehisa if you can find his book online then read it otherwise read Steve Nison's candlestick books...im sure ull find them for free in pdf form https://www.amazon.com/Japanese-Cand.../dp/0735201811 you dont need some youtube...Ignored
DislikedGood 800 PIPS move in the EARLY ASIAN SESSION now gold pulling back to FIB 61% and RSI at good too might see a buy from $4160 to short-term SWING LOW $4200. Swept PD [FRIDAY] high and sellers active again if buyers want to step in they have to active from $4160. THIS IS NOT A FINANCIAL ADVICE TRADE AT YOUR OWN RISK AND THE ANALYSIS IS BASED ON SHORT TERM TREND I'M NOT A SWING TRADER OR WHO LOOKS IN A LONG TERM I JUST LOOK IN SHORT TERM TREND. Overall market is still bearish in short-term too but according to my strategy buying from $4160 would be...Ignored
Disliked{quote} Hi pal, haven't done any zooms for some time now and stopped posting charts on FF also. if i get a trade wrong it's my ass and i know what i'm going to lose before hand but someone copying me might end up blowing their account, so didn't want that responsibility. seen too many people blowing the arse outta their accounts in Gold threads. it's a shame but the majority just don't wanna do the work to survive this gameIgnored
DislikedGold Detailed Analysis Gold remains bearish while trading below the descending trendline and key resistance at 4210-4230. Although price has bounced from channel support sellers continue to defend higher levels. A rejection from the current resistance zone could drive gold toward 4000 and potentially 3835. The bearish outlook remains valid unless price achieves a sustained break above 4230-4268. Trade Plan - Sell Setup Sell Zone: 4210-4230 Targets: 4150, 4100, 4022, 3900, 3835 Invalidation: H4 close above 4268 Wait for bearish confirmation (rejection...Ignored