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MzansiObi replied Jul 25, 2019Hey bud, good of you to join.i execute two seperate orders per currency pair..... I'm trading with IC markets and XM and haven't had much issues with both of them.....spreads on both ends not too bad.....
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 25, 2019Selling was never a bad idea it was just pure maths miscalculation......glad you got back onboard. This 4hourly bar may just close with a moerse wick....trade safely.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Someone just asked what I mean by too conservative.... I mean that given the fact that we have a rate announcement....we can expect increased volatility. As such R1 is at 1430 and considering how the handle has been acting as resistance all week. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019I Don't trust this rally..... Volume and order flower failing to carry it through higher.... Thinking 1432.5 stops were too conservative. messed up resistance count. R2 is 1433.4 stops ought to have been slightly above that*ouch..... Let's get back ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Stopped out....... Will wait for news to simmer Next 4hourly close very NB now
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Lmao at salespeople!!!!! Are you sold onto that?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Patience is virtue bud....have been taking some jabs here and there and scaling out of positions.... Trying to bag a couple ahead of major moves later on.....but that bearish hourly candle near the handle convinced me to load a few and see.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi commented Jul 25, 2019An "unhealthy" German econmy is bad news for the EURO.....think the only thing that will be good for the EU now would be the ECB rate decision.....
German business morale deteriorates more than expected in July
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MzansiObi replied Jul 25, 2019Which side of the pendulum are you on, or do you have pending orders on either side of your pivot?... Interesting charts bud.... Our pivots are different though......
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019One more short at 1426.25. SL at 1432.5. TP first target 1419 then lower..... Remaining patient for now..... Trade safe
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Alright broski, Position size? So long as you can manage the DD.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Where'd you go short?
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Surprised this hasn't garnered much reaction yet..... url url
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Which high are you referring to Marci? If you're looking at that handle there may be a bit of a bounce at 1420.2...... but I still think we could push alot lower than that....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 25, 2019Noted Farukh..... But up until we have a green hourly candle atleast there's still more downside potential just looking at momentum in the past couple of hours ....we already saw and have had the rejection from 1429/30 so test of support seems more ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 24, 2019Top of the morning traders.... Daily buy zone moved up to 1416.21..... H4&H1 still waiting intraday setup.... For now h1 and H4 sell orders from past couple of days still valid so long as 1431 stops not taken out.....RSI still pointing lower on ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 24, 2019Sorry to hear that bud.....but it's more a patience thing. Again....buyers and sellers can both get their fair sheckles.....the biggest mistake one can make is to jump onto every trade idea.....instead understand and stick to a certain outlook......
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 24, 2019Buy dip stopped out for profit and some...... Sell order active now..... One more buy dip? 1420?!? Anyone?!?!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 24, 20191423 may just be the place to load a short....... Done buying bottoms for now. Price struggling with a M15 ma.... Keeps closing below... image
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 24, 2019Still holding onto a 1274.72 short..... Lookin at h1 momentum to continue south bound push
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)