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(binned per thread starter’s request) Gold Trading Explained

  • #21
  • Feb 11, 2025 4:37am Feb 11, 2025 4:37am
Daily trading signals since beginning of December 24

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  • #22
  • Feb 11, 2025 7:34am Feb 11, 2025 7:34am
H1 find support, keep watching for an entry later

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  • #23
  • Feb 11, 2025 7:37am Feb 11, 2025 7:37am
Switch to lower TF, like m15 for a early entry

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  • #24
  • Feb 11, 2025 7:43am Feb 11, 2025 7:43am
I guess we're going to see another strong run later
  • #25
  • Feb 11, 2025 7:56am Feb 11, 2025 7:56am
Quoting Bakker
I guess we're going to see another strong run later
Another 2 candles are required on M15 to get an entry:
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  • #26
  • Feb 11, 2025 8:02am Feb 11, 2025 8:02am
It seems in a hurry, can't wait for another candle
  • #27
  • Feb 11, 2025 8:16am Feb 11, 2025 8:16am
[quote=Bakker;15146170]It seems in a hurry, can't wait for another candle[/quote

This is not to boast but you can do it too (21% since Friday)
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I usually trade without a s/l, except for the red spot where a s/l was just 115p too close. BUT PLEASE DON"T TRADE WITHOUT A S/L!!
  • #28
  • Feb 11, 2025 8:24am Feb 11, 2025 8:24am
Be careful, Dow opening upon us
  • #29
  • Feb 11, 2025 8:28am Feb 11, 2025 8:28am
Hi hope you are doing. Are you doing ftmo challenge too?
  • #30
  • Feb 11, 2025 8:28am Feb 11, 2025 8:28am
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Always watch your Fibs when there's a retracement, it helps a lot
  • #31
  • Feb 11, 2025 8:33am Feb 11, 2025 8:33am
Remember Powell speaks within half an hour!
  • #32
  • Feb 11, 2025 9:13am Feb 11, 2025 9:13am
I want to make one thing very clear at this point and to prevent another round of accusations directed at me. What's been explained on this thread up to this moment is NOT the holy grail system, the holy grail is much more complicated and is not for newbies or even the average trader. It will never be revealed and you have to make peace with that. Don't keep pressing me to reveal it, maybe one day when I receive the "message" that my time is up, I will publish it, I'm 73 years old.
  • #33
  • Feb 11, 2025 9:36am Feb 11, 2025 9:36am
Quoting teprewitt23
{quote} now i know why we have commonality it is generational.
Very funny indeed.
  • #34
  • Feb 11, 2025 9:42am Feb 11, 2025 9:42am
We experience a lull now, I guess the president's speech is not going to hamper gold's rise, will rather boost it.
  • #35
  • Feb 11, 2025 10:33am Feb 11, 2025 10:33am
[quote=teprewitt23;15146407]{quote} not sure you understood my implication....... i often agree with your assessments and outlook, with the revelation of your age, i know it is because we are from the same generation.[/quote

Delighted to hear that.
  • #36
  • Feb 11, 2025 10:55am Feb 11, 2025 10:55am
Quoting Bakker
Right! Now let's include one going down. it's not absolutely necessary for a recent low or recent high as long as you go with the trend or where the trend is changing: {image} Once again, let the SMA guides you.
Can i apply this with the other currency pairs as well? Or is this exclusive to gold
  • #37
  • Feb 11, 2025 12:42pm Feb 11, 2025 12:42pm
Quoting Bakker
Here is an example of where you should include the candle before the color change (the bottom of the screen shot): {image}
Why you didn't count from top?
I am confused about candle count
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  • #38
  • Feb 11, 2025 1:30pm Feb 11, 2025 1:30pm
Quoting BDfx77
{quote} Why you didn't count from top? I am confused about candle count {image}
The purpose of the count is to get to the candle that breaks the level line which is no 6 and the entry candle. So the count should be the 6 candles closest to the entry line.
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  • #39
  • Feb 11, 2025 1:34pm Feb 11, 2025 1:34pm
Quoting Bakker
{quote} The purpose of the count is to get to the candle that breaks the level line which is no 6 and the entry candle. So the count should be the 6 candles closest to the entry line. {image}
how do you decide which candle to start counting from?
  • #40
  • Feb 11, 2025 1:44pm Feb 11, 2025 1:44pm
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