{quote}
No offense to anyone ofc
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return:
-95.4%
- #1,421
- Oct 28, 2021 6:10pm Oct 28, 2021 6:10pm
- Joined Nov 2010 | Status: Moving forward | 2,138 Posts
No offense to anyone ofc
- #1,423
- Oct 29, 2021 1:12am Oct 29, 2021 1:12am
- Joined May 2018 | Status: Tadpole | 2,719 Posts
Bought@1795 SL@1790 TP@1810 {image}
Stay green!!!
- #1,425
- Oct 29, 2021 2:01am Oct 29, 2021 2:01am
- Joined Aug 2010 | Status: Trader | 1,761 Posts
What are your position on gold? I am long till 1809
Since about 10 hours it is in a decreasing trend.
I had just sold it, but I put the sl to quick at the begin, made actually loss instead of the profit
. Let's see if london changes this.
- #1,427
- Edited 12:23pm Oct 29, 2021 3:23am | Edited 12:23pm
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
{quote} Thank you LvMMT. I did not trade using indicators until now. I started using RSI, it gives warning of direction change, however the direction change can still be anytime. I still do not know if it is useful for the long term. But yours looks like it gives more idea about when to choose for a short or long. If I understand correctly you combine two different RSIs. Support and resistances works actually good. But at the moment I see that points afterwards, most of the time. And it is the question if the large traders will accept that point...
They can help you but they are not a priority.
Price and price action is a priority.
Big traders have a lot of money and do hedging.
The more money you have, the more money you make.
If you know what to do ...
They know what to do.
They create those supports and resistances.
Good luck folks!
God bless you Eren10 and God bless everyone
The only impartial feeling is love. It is also the only feeling of God.
{quote} Since about 10 hours it is in a decreasing trend. I had just sold it, but I put the sl to quick at the begin, made actually loss instead of the profit
- #1,429
- Oct 29, 2021 3:46am Oct 29, 2021 3:46am
- Joined Aug 2010 | Status: Trader | 1,761 Posts
{quote} Big traders have a lot of money and do hedging. The more money you have, the more money you make.
That is the problem I have. I see good opportunities like the decreasing trend of gold. But I got afraid and don't trade it, and when I finally say now I will trade it is the wrong one
. Maybe trading in small sizes would help me out, but I have to earn something too 
Banks also now exactly where the positions are, so they are trying to walk to that kind of area to get the money (I think).
But in general supports and resistances works , but the market makers founds always a new support or resistance
--- I see now that 1790 was also at a support where it from bounced. At the moment I am late in seeing these supports, more focus and more thinking about where the next support/resistance is would maybe help me out.
- #1,431
- Oct 29, 2021 4:06am Oct 29, 2021 4:06am
- Joined Nov 2010 | Status: Moving forward | 2,138 Posts
Hi everyone,
Dont forget that its Friday! Trade safe!
Im out till Monday, wish everyone happy weekend,
Enjoy free time and dont forget to Rest
Dont forget that its Friday! Trade safe!
Im out till Monday, wish everyone happy weekend,
Enjoy free time and dont forget to Rest
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return:
-95.4%
- #1,432
- Oct 29, 2021 4:30am Oct 29, 2021 4:30am
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
{quote} That is the problem I have. I see good opportunities like the decreasing trend of gold. But I got afraid and don't trade it, and when I finally say now I will trade it is the wrong one
if you are afraid ... that's why you can lose ...
Find yourself!
If you don't trust what you're doing ... You don't get where you want to go ...
In trading you need to know 2 things:
That's it!
When it goes against you ... What are you doing? To win, of course ...
When it goes in your favor ... What are you doing? So as not to go out too early ....
To understand this ... to find your system ...
When you understand these ... you are very profitable ...
You have to find yourself.
I recommend you read (... I prefer to listen to audio books)
Start with these: (100% will cause changes in you ... if not ... when you are ready they will make you cry with joy)
The Power of the Present - by Eckhart Tolle
The Shadow Effect - by Deepak Chopra, Debbie Ford, and Marianne Williamson
Biology of Belief - by Bruce Lipton
All of Joe Dispenza's books, but especially the last 2.
Penultimate: You are a Placebo
Last book: Become supernatural
I want this post to help you find your joy and hope!
The joy of trading and living!
This message is for all of us!
Be loved and blessed!
God bless you Eren10 and God bless everyone.
The only impartial feeling is love. It is also the only feeling of God.
- #1,433
- Edited 12:23pm Oct 29, 2021 4:34am | Edited 12:23pm
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
{quote} RSI 14 & RSI 5... They can help you but they are not a priority. Price and price action is a priority. Big traders have a lot of money and do hedging. The more money you have, the more money you make. If you know what to do ... They know what to do. They create those supports and resistances. {image} Good lock folks!
Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
- #1,434
- Edited 12:22pm Oct 29, 2021 5:15am | Edited 12:22pm
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
{quote} {image} Good lock folks!
Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
- #1,435
- Oct 29, 2021 6:59am Oct 29, 2021 6:59am
- Joined Aug 2010 | Status: Trader | 1,761 Posts
{quote}
- #1,436
- Edited 12:22pm Oct 29, 2021 7:10am | Edited 12:22pm
- Joined Aug 2019 | Status: Like everyone, Light from Light! | 2,352 Posts
{quote} {image} Good lock folks!
Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
- #1,440
- Oct 29, 2021 7:36am Oct 29, 2021 7:36am
- Joined Aug 2010 | Status: Trader | 1,761 Posts
I traded gold very dangerously. First bought and put a sl. Due to the sl it was easily eating. Than again bought, dropped hard but this time no sl. Luckily ended still in positive, if I waited 1 minute more than it would be a good profit, I see .
Should have waited for 1782, saw it hard dropping.
.Should have waited for 1782, saw it hard dropping.