Again, just only a pullback.

Gold

I did say it was just a pullback. image

Gold

This thread was created to be a space for identifying setups for the other system and asking questions about them. If you try asking in that other thread, you're likely to get dismissed. This thread is intended for that purpose, to post setups, ...

Trend Following Breakout System

Okay just take it easy, we're just sharing what we can, when we can, with no benefit other than the reward of being helpful. All the setups from yesterday worked, but the lot sizes on the demo account were too big, so I made a new demo. I’ll try to ...

Trend Following Breakout System

Okay yes, since your strategy benefits from that type of price action then it's great.

Gold

To be honest I don't know why anyone trades XAU when there are perfectly good stable and liquid pairs like EURUSD or USDJPY that tend to actually reflect macroeconomic trends more directly. Gold is probably the most manipulated market there is. Gold ...

Gold

The only problem is the spread. Right now, BTCUSD is the only one with decent spreads, similar to Forex currency pairs.

Crypto market vs Forex market

I assumed it was clear, but you're right to point that out. I’ll explain it more clearly. There is an underlying structure that repeats, as shown in your screenshot. If this structure goes in the same direction as the trend, it is considered a ...

Trend Following Breakout System

Please correct me if I’m mistaken, but isn’t the system in this thread based on trend following? I’m asking because AUDNZD looks like it’s in a downtrend. There’s something I haven’t mentioned yet about the screenshot from Inthebox. There’s a ...

No Indicator Trading System

To find spot forex brokers with tight spreads check out url One problem with trading futures instead of spot is, even though it's nice that the price is centralized, a lot of the pairs aren't available. For example, I don't think one could trade ...

Quitting Forex

I can give suggested SL and TP levels here, but entries and exits are pretty personal since everyone has their own way of entering and exiting the market. I personally use equity based SL and TP, not fixed price levels. But I’ll work on some ...

Trend Following Breakout System

It’s not really a prediction. It’s just that the structure in your screenshot has finished forming. Breakout or breakdown levels basically mean that if price hits those points, it’ll probably keep moving that way. The safest way to enter is to wait ...

Trend Following Breakout System

This thread is focused on identifying ICT system setups. ICT is already well known about SL and TP. I can give suggested SL and TP here but entries and exists are pretty personal since everyone has their own way of entering and exiting trades.

Reversal Breakout System

As of now, the candle has a 120 pips range in the up direction, but it's a weekly candle so it'll take a while to form. image

Weekend Guess Game (GBPUSD W1)

Let’s ask AI: Here is a clear and structured comparison of the privacy issues between Telegram groups and SimpleXChat groups: 1. Identity and Metadata Exposure Telegram Groups Telegram accounts are tied to phone numbers, which can expose identity if ...

Weekend Guess Game (GBPUSD W1)

I appreciate the invitation. I’m just concerned about the privacy issues with Telegram. Check out SimpleX Chat and gradually consider moving your group there. It's an easy to use app, the same as any any other app like Telegram or WhatsApp.

Weekend Guess Game (GBPUSD W1)

Have you heard of SimpleX Chat groups? From what I understand, it allows unlimited users, unlike Telegram and other apps that limit how many people can join a group. It’s also more private since it doesn’t require a phone number, active SIM, etc. If ...

Weekend Guess Game (GBPUSD W1)

The best I can do is guess the next candle, maybe up to three. After that, it's hard to tell, so I just wait for the next pattern to show up. For this one, I'm looking at a coiling of three candles that shows up from time to time. Based on how this ...

Weekend Guess Game (GBPUSD W1)

For the ones that voted breakout above, I wonder if they could share their reasoning too? image

Weekend Guess Game (GBPUSD W1)

Thanks for the analysis. I wonder if others have a prediction, let’s see.

Weekend Guess Game (GBPUSD W1)