LOL, after 12yrs and 1 week, still unable to ride the trend??

Gold

swing structure does not occur that way. If price "must" return from every swing high or low, the market will indefinitely be in a ranging mode, and not trending.

Gold

Low probability Buy setup, high reward to risk. High probability Sell setup, with negative reward to risk. Staying neutral is best case if flat, or holding some longs if have any open positions

Gold

I have nothing much to say, just a picture of an old uncle. image

Gold

This is why i said, retail traders want to trade every swing, every tick and every move. Consistency is not achieved through this!

Gold

In 2 days we are nearly covering this week range

Gold

And yet you are still trading 0.02 lot on gold

Gold

At this current price i am only holding some longs. We need as order reallignment to enter some more longs to 3780. We might see 3687 before we see 3930 to push to 3780.

Gold

Why FED CUT makes GOLD outperforming every other asset classes. Lets take an example Tue 02 Sept to now, US10y Y falls ~6%. if we look at the % change for the same period: SPX: ~2% Nas100: ~3% TLT: ~4% Gold: ~5.3% We can see Funds are rushing more ...

Gold

High possibility for 687 today before we get a correction.

Gold

Thats what we call a Trending market buddy. Buy and Hold When everyone does the same thing, and nobody selling, market buy orders keep pushing through the roof to take Take profit orders only. Selling orders are not present at the moment. Even the ...

Gold

Read "Market Wizards" by Jack Schwager. It consists of story of pit traders of late 70s and early 80s, who are now Hedge Funds billionaire. Many lessons to learn from them, on how they turn scalping into swing/trend trade. How they add positions, ...

Gold

The only way to remove doubt is to plan. One of the part of the plan to turn a scalping into a swing trade, is to trade in a swap-free account. second, to actively see through incoming events and data. Majority dont even know why Gold Up, Russell ...

Gold

Hold onto the trade will save you from putting on more trade.

Gold

Why set the TP when we can trail the SL UPward intact structure image SPX500 D1 in 2023, same upward structure. Melt UP,

Gold

The problem with retail traders, they want to trade every swing, every pullback and every tick, which basically we cannt unless algo trade, which 90% of the time, prove to be ineffective in all market environment, as the instruction to code the rule ...

Gold

ADP is manipulative image NFP gives the clear picture. Expect Gold to sell on ADP (Trap traders on the wrong side) Probability for NFP was given yesterday in beige book. As i mentioned before, Soft data vs Hard data.

Gold

The market aint your business to control, but to follow obediently

Gold

Bet from jackson hole to now you been looking for sell setup but it keeps . Because somehow you always trade against a swing/trend, yet you've been trading since 2013.

Gold

Evrything is bet on last bad nfp will induce fed to cut. An above 100k NFP will deviate FED from their original path. Even if they cut in sept fomc, this chnage the path for the following fomc. Daily gold rising with rising vol, so less likely to a ...

Gold