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Gold

  • #3,041
  • Aug 2, 2022 7:51am Aug 2, 2022 7:51am
I have opened some buys.
TP 1792
SL 1783.24
Lets see
Attached Image (click to enlarge)
Click to Enlarge Name: 07h49- t1 opened- XAUUSDM15.png Size: 37 KB
  • #3,042
  • Aug 2, 2022 8:01am Aug 2, 2022 8:01am
M1..lets see if it retrace or if it stops me out
Attached Image (click to enlarge)
Click to Enlarge Name: 07h59- trade 1 - XAUUSDM1.png Size: 42 KB
  • #3,043
  • Aug 2, 2022 8:02am Aug 2, 2022 8:02am
stopped out
  • #3,044
  • Aug 2, 2022 8:08am Aug 2, 2022 8:08am
More buys opened
Attached Image (click to enlarge)
Click to Enlarge Name: 08h07- Trade 2 buye opendXAUUSDM1.png Size: 40 KB
  • #3,045
  • Aug 2, 2022 8:14am Aug 2, 2022 8:14am
Quoting ForexGoose
{quote} maybe this short trade will fail, but it is worth a try
bulls might be trapped today
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 1 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,046
  • Aug 2, 2022 8:22am Aug 2, 2022 8:22am
stopped out
  • #3,047
  • Aug 2, 2022 9:01am Aug 2, 2022 9:01am
I added some sells, which made me recover all loses . I end today on the positive side...nevertheless, on the last trade closed manually....I broke the 6% max daily loss, which would have made me lose the Challenge :/. After passing the 10% and 5% phases on this demo account, I wanted to see how much money I would be able to make withouth breaking the rules. Today I broke the rule :/. I will start a new account again. Hopefully this time I will make some adjustments and trade better.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 08h48- sell t4 XAUUSDM1.png Size: 45 KB
Click to Enlarge Name: Positive final balance - broke the 6%rule-XAUUSDM1.png Size: 38 KB
  • #3,048
  • Aug 2, 2022 9:30am Aug 2, 2022 9:30am
Added some buys on new account.
TP1 1787.58 (past and next resistance)
TP2, may reach 1792 (ADR High)
SL 1782.20
May close manually if price do not break resistance
Attached Image (click to enlarge)
Click to Enlarge Name: 09h29- t1 opened- XAUUSDM1.png Size: 45 KB
  • #3,049
  • Aug 2, 2022 9:32am Aug 2, 2022 9:32am
Closed manually.
Price was rejecting on resistance level.
1.61% on new demo account.
I am done for today.
Attached Image (click to enlarge)
Click to Enlarge Name: Closed manually - XAUUSDM1.png Size: 41 KB
  • #3,050
  • Aug 2, 2022 10:11am Aug 2, 2022 10:11am
Yesterday I've got incredible Gold trading. And it was incredible. Here's my results.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 2 KB
  • #3,051
  • Aug 2, 2022 10:14am Aug 2, 2022 10:14am
And now Gold shows downward analysis. I'd say it will falling up to 1759. Then if it breaks support level, will fall more.
  • #3,052
  • Aug 2, 2022 1:16pm Aug 2, 2022 1:16pm
Quoting ForexGoose
{quote} almost at 1784 sell limit from 1784, stop loss above 1800, take profit is 1767 and under {image}
reached 1767, took profit
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,053
  • Aug 2, 2022 1:23pm Aug 2, 2022 1:23pm
A bad NFP report on Friday should help Gold break 1784 decisively.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,054
  • Aug 2, 2022 1:53pm Aug 2, 2022 1:53pm
Today
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220802-195045_Chrome.jpg Size: 176 KB
Trend following
  • #3,055
  • Aug 2, 2022 2:29pm Aug 2, 2022 2:29pm
Quoting Gabriel
Added some buys on new account. TP1 1787.58 (past and next resistance) TP2, may reach 1792 (ADR High) SL 1782.20 May close manually if price do not break resistance {image}
Hi Gabriel, some good results there mate. I wanted to ask if you could tell me the name of the pip counter in blue on the righthand side of your chart, i have the other overall one above it but that one seems much clearer to keep an eye on the individual trades placed. If you wouldn't mind sharing it that would be great, thanks and all the best and good luck with your challenge, although the way your going i don't think you'll need it.
  • #3,056
  • Edited 10:23pm Aug 2, 2022 4:21pm | Edited 10:23pm
Closed short position 1780 - 1763
Adding short position at 1780.
Adding long position at 1763 with TP @ 1780
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 27 KB
Love for all; Hatred for none.
  • #3,057
  • Aug 2, 2022 8:01pm Aug 2, 2022 8:01pm
1751 and then 1721 are possible targets for bears if USD is more bullish
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-02_21-01-23.png Size: 38 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,058
  • Aug 2, 2022 10:25pm Aug 2, 2022 10:25pm
Quoting ForexGoose
1751 and then 1721 are possible targets for bears if USD is more bullish {image}
I agree with bearish target because my calculations tell me that bearish point of gravity is 1723 but i am still holding some long positions because my bullish point of gravity is 1799. Price may be go back to 1700 but will come back for bullish target.
Love for all; Hatred for none.
  • #3,059
  • Aug 3, 2022 12:05am Aug 3, 2022 12:05am
Quoting chipsngravey
{quote} Hi Gabriel, some good results there mate. I wanted to ask if you could tell me the name of the pip counter in blue on the righthand side of your chart, i have the other overall one above it but that one seems much clearer to keep an eye on the individual trades placed. If you wouldn't mind sharing it that would be great, thanks and all the best and good luck with your challenge, although the way your going i don't think you'll need it.
Hi, Chipsngravey, of course I can share the pip counter indicator with you and all the community.
Thanks for your wishes.
I hope you are doing great with your trading!
Attached File(s)
File Type: ex4 pip-counter.ex4   18 KB | 371 downloads
  • #3,060
  • Aug 3, 2022 3:42am Aug 3, 2022 3:42am
Quoting Gabriel
{quote} Hi, Chipsngravey, of course I can share the pip counter indicator with you and all the community. Thanks for your wishes. I hope you are doing great with your trading! {file}
Hi Gabriel, just wanted to thank you very much for sharing the pip counter, you are a very kind and giving person and i'm sure this will be returned to you in profits with your trading, all the best mate and continued success with your challenge.
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