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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

  • #58,781
  • Edited 11:52pm Jun 22, 12:41pm (13 hr ago) | Edited 11:52pm
Quoting SibiSh
london is dead after morning move no volume for trade atm waiting for 4220-30 zone.. it can retest today's high
Gold did not retest 4220 but rejected 4207-14 zone multiple times and down. 4170 is support ATM if break then 4150-55 and if hold then 4230-40 but may be tomorrow not today bcz of low volume.
Anyway sell was triggered at 4210 and closed at 4170
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Patience
  • #58,782
  • Edited 2:55pm Jun 22, 2:30pm (11 hr ago) | Edited 2:55pm
for me who scalps using 0.15 lot on gold, i trade support and resistance, if i buy at supoort and i go down just 70 usd, i immediately open a sell with same lot sixe, till i see where the next real move is, if it will break support and the support was weak and the market will go down then i open another sell with twice the lot size, till the third postion puts the trade of day in profit, and vice versa

this way no matter what happens to the first buy and sell positions I have opened, its the third move that will be placed once the real direction comes into play, and with this I can monitor the market move through the day, until i really see where the real direction takes me and that is when the third position comes into play

so far this week with strategy i have been in profit all week long, i do not wait till i go down heavily like before, its 70 usd against my first trade, that then i put this strategy into play

its so amazing once i have 2 positions open with a difference between them 70 usd, and see how both first 2 trades react through the day, and then through the day I will see where the real direction is, and boom the third psotion will be opened till my trade is in profit, usually it takes hours till the third trade is initiated, but its amazing how to watch the roller coaster of the first 2 trades during the day, until I see where the real direction is, the third trade is what I call the sniper trade as its twice the lot size, and its innitaited fast and usually closed fast

i will never ever from now on let my wallet go down more than 70 usd like before, i open an opposite second trade, and then wait patiently till i initiate the third sniper trade
  • #58,783
  • Jun 22, 2:39pm (11 hr ago) Jun 22, 2:39pm (11 hr ago)
Well, that was a somewhat boring session.
Got some nice little scalps in, rangey-range land.
This week will no doubt have in store a big move at some point, thinking Wednesday or Friday, crystal ball is hazy...
... the True North, Strong and Free
  • #58,784
  • Jun 22, 2:52pm (11 hr ago) Jun 22, 2:52pm (11 hr ago)
Quoting hykbooks
for me who scalps using 0.15 lot on gold, i trade support and resistance, if i buy at supoort and i go down just 75 usd, i immediately open a sell with same lot sixe, till i see where the next real move, if it will break support and the support was weak and the market will go down then i open another sell with twice the lot size till the third postion puts the trade of day in profit, and vice versa this way no matter what happens to the first buy and sell positions I have opened, its the third move that will be placed once the real direction comes...
Then that's not a sniper trade mate, by definition at least. Also I assume you do this on a live account? Since this form is trading is widely restricted on props

I do think this is a medium risk low reward kinda situation since you could just entirely wait for the ACTUAL direction ( your 3rd trade ) and risk more on that? But then again, to each their own and I'm sorry if I sound discouraging or condescending. Just trying to understand how this strat is better than solely taking the 3rd trade all together.
  • #58,785
  • Jun 22, 3:16pm (10 hr ago) Jun 22, 3:16pm (10 hr ago)
Volumes were way too low today. Let’s see if APAC can shake it up first target 4230 second 4250
Insane in the Brain..
  • #58,786
  • Jun 22, 3:39pm (10 hr ago) Jun 22, 3:39pm (10 hr ago)
The market is slow, but it's providing opportunities to enter or exit, hehehe, patience is what we need...
  • #58,787
  • Jun 22, 5:05pm (9 hr ago) Jun 22, 5:05pm (9 hr ago)
Waiting for a buy signal on Daily chart, long buy.
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  • #58,788
  • Jun 22, 7:22pm (6 hr ago) Jun 22, 7:22pm (6 hr ago)
Quoting ElCampeador
{quote} Manipulators could temporarily lose control over 4.175.
Manipulators. The time is coming to pay homage.
Soy el Patron
  • #58,789
  • Jun 22, 8:41pm (5 hr ago) Jun 22, 8:41pm (5 hr ago)
Quoting ElCampeador
{quote} We may or not need a visit to 4.200/205 to break 4.175 clearly
Now it's time to go long to square it up and be able to break 4000 later.
Targets are higher now
Soy el Patron
  • #58,790
  • Jun 22, 9:01pm (5 hr ago) Jun 22, 9:01pm (5 hr ago)
Manipulators price is now at 4.208,87 they will try to prevent going higher but again, Market is King
Soy el Patron
  • #58,791
  • Jun 22, 9:09pm (5 hr ago) Jun 22, 9:09pm (5 hr ago)
i shorted it at 4194 tgt below 4100
  • #58,792
  • Jun 22, 10:12pm (3 hr ago) Jun 22, 10:12pm (3 hr ago)
Quoting ElCampeador
Manipulators price is now at 4.208,87 they will try to prevent going higher but again, Market is King
4.157,45 also
Soy el Patron
  • #58,793
  • Jun 22, 10:18pm (3 hr ago) Jun 22, 10:18pm (3 hr ago)
Done for the day will though keep an eye on some important levels 4070 for NY
safe trades everyone
  • #58,794
  • Jun 22, 10:23pm (3 hr ago) Jun 22, 10:23pm (3 hr ago)
failed 1, small entry, cut half already, expecting 08x, very nice Tokyo open
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Will is the most powerful weapon in the world.
  • #58,795
  • Jun 22, 11:37pm (2 hr 33 min ago) Jun 22, 11:37pm (2 hr 33 min ago)
gold is no buy zone rn we can see buying in these levels but from what i see i would buy at bottom rn not at top buying at top is high risk
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  • #58,796
  • Jun 22, 11:38pm (2 hr 33 min ago) Jun 22, 11:38pm (2 hr 33 min ago)
AUDUSD gapped down 15m ago, USD is strengthening relative to the AUD, YEN, CAD, NZD. A close below yesterday's low can see the price print down again.
  • #58,797
  • Jun 22, 11:43pm (2 hr 28 min ago) Jun 22, 11:43pm (2 hr 28 min ago)
Quoting Goldslave
Tiny sweep at 4220 for sell....without break higher still in bear. Expect sweep the low for buy....later
Need 2 days to show the intention ...lol

waiting the " low" to buy ( with confirmation)....@:

4100_4120
Or
4030_4000

My cents
Stay Gold
  • #58,798
  • Edited Jun 23, 12:06am Jun 22, 11:44pm (2 hr 26 min ago) | Edited Jun 23, 12:06am
Quoting anguis.aureu
AUDUSD gapped down 15m ago, USD is strengthening relative to the AUD, YEN, CAD, NZD. A close below yesterday's low can see the price print down again.
USD jaw dropped when it saw the most beautiful lady post in THIS thread
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do not follow me 99.9999999% of times, rest you can lol
  • #58,799
  • Jun 23, 12:03am (2 hr 8 min ago) Jun 23, 12:03am (2 hr 8 min ago)
counter trade
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do not follow me 99.9999999% of times, rest you can lol
  • #58,800
  • Jun 23, 12:12am (1 hr 59 min ago) Jun 23, 12:12am (1 hr 59 min ago)
Quoting SibiSh
Gold 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...
Gold remains bearish after rejecting the key resistance zone around 4195-4215. Price has broken below the rising intraday trendline and is currently testing the support near 4124 indicating that sellers remain in control. The overall structure continues to print lower highs and lower lows within the descending channel while the recent bearish CHoCH confirms downside momentum. As long as price stays below 4195-4215 the active sell trade remains valid with a likely scenario of a minor pullback followed by further downside toward 4054 and potentially 4011 (weak low area). A sustained move back above 4215 would weaken the bearish outlook but for now the path of least resistance remains to the downside.
Key Levels to Watch
- Support: 4124, 4054, 4011
- Resistance: 4194, 4215, 4237
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Patience
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