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  • #7,861
  • May 15, 2023 6:50am May 15, 2023 6:50am
I closed short position from 2020-2012. At this moment I am not taking long position until I get clear signal from volume. M1 and M5 is mixed volume and M15 is showing more downward move to 2003 but I prefer M1 and M5 so staying away before red news
Love for all; Hatred for none.
  • #7,862
  • May 15, 2023 6:52am May 15, 2023 6:52am
Quoting aahmad29
I closed short position from 2020-2012. At this moment I am not taking long position until I get clear signal from volume. M1 and M5 is mixed volume and M15 is showing more downward move to 2003 but I prefer M1 and M5 so staying away before red news
Nice scalp....Trade safe
  • #7,863
  • May 15, 2023 7:07am May 15, 2023 7:07am
Here is M5 mixed volume
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 13 KB
Love for all; Hatred for none.
  • #7,864
  • May 15, 2023 7:16am May 15, 2023 7:16am
Quoting ScalaFX
price come back SRF zone and reject, two of my first positions and hot SL but activate my better pendings, lets see what is on, target down
price going slowly down, this week can accelerete some, positions protected
People don't plan to lose. They lose because they don't plan.
  • #7,865
  • May 15, 2023 7:46am May 15, 2023 7:46am
Ok....I am in from 2014 to 2032 first but with cautions.Only small scalping till 2032 with time to time profit booking because again 2 untested area left 2014 & 2015.50 below so market can attack anytime to these areas.Trade safe
  • #7,866
  • May 15, 2023 7:47am May 15, 2023 7:47am
I am starting to add short positions
Sell limit @2022
Love for all; Hatred for none.
  • #7,867
  • May 15, 2023 7:51am May 15, 2023 7:51am
Quoting aahmad29
I am starting to add short positions Sell limit @2022
I think 2024 will suite for you if you are on sell side and price move in you favor because 2024 daily resistance zone.Trade safe
  • #7,868
  • May 15, 2023 7:51am May 15, 2023 7:51am
2Y>10Y Yields trouble --> xday is coming
Attached Image (click to enlarge)
Click to Enlarge Name: 2yBonds.jpg Size: 120 KB
  • #7,869
  • May 15, 2023 8:01am May 15, 2023 8:01am
Quoting Isabella_D
2Y>10Y Yields trouble --> xday is coming {image}
_____________ what means xday , PLZ Xplain a bit more
Don’t focus on making $$$, focus on protecting what you have.
  • #7,870
  • May 15, 2023 8:02am May 15, 2023 8:02am
Quoting parveenverma
{quote} I think 2024 will suite for you if you are on sell side and price move in you favor because 2024 daily resistance zone.Trade safe
2014-2018.50 Closed. Prices attack to untested areas. One tested and one pending now.Trade safe
  • #7,871
  • May 15, 2023 8:09am May 15, 2023 8:09am
Attached Image (click to enlarge)
Click to Enlarge Name: xu 8.png Size: 49 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #7,872
  • May 15, 2023 8:11am May 15, 2023 8:11am
Quoting parveenverma
{quote} I think 2024 will suite for you if you are on sell side and price move in you favor because 2024 daily resistance zone.Trade safe
I should add sell limit @2020 because last high was 2020 on M5 but I was more careful and kept 2022
Love for all; Hatred for none.
  • #7,873
  • May 15, 2023 8:20am May 15, 2023 8:20am
Quoting parveenverma
{quote}2014-2018.50 Closed. Prices attack to untested areas. One tested and one pending now.Trade safe
2014.16 Pending untested level on my chart after test it market will react aggressively. If rejected then Bullish and if broken then bearish.Trade safe
  • #7,874
  • May 15, 2023 8:25am May 15, 2023 8:25am
Quoting Isabella_D
2Y>10Y Yields trouble --> xday is coming {image}
Do you mean that XAU is going up?
Love for all; Hatred for none.
  • #7,875
  • May 15, 2023 8:28am May 15, 2023 8:28am
__________ lil bites here and there - - - stay under ur dealers aka broker RADAR !
Attached Image (click to enlarge)
Click to Enlarge Name: xu88.png Size: 67 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #7,876
  • May 15, 2023 8:33am May 15, 2023 8:33am
Quoting aahmad29
{quote} Do you mean that XAU is going up?
I think so because If yields go up the gold go down and when down gold goes up.
  • #7,877
  • May 15, 2023 8:34am May 15, 2023 8:34am
Quoting parveenverma
{quote} I think 2024 will suite for you if you are on sell side and price move in you favor because 2024 daily resistance zone.Trade safe
It has happened many times that when i keep my limit order close to resistance/support lines, price missed my pending order so i wanted to make sure that my pending order gets activated

I posted the chart and you can check that why did i take short position. This is another example. I just posted chart for your clarification.

Thanks for help
Love for all; Hatred for none.
  • #7,878
  • May 15, 2023 8:41am May 15, 2023 8:41am
Gold not moving fast after news tells me big boys are not present today.

Daily support at 1968 and resistance at 2050.
  • #7,879
  • May 15, 2023 8:41am May 15, 2023 8:41am
Quoting profits7
__________ lil bites here and there - - - stay under ur dealers aka broker RADAR ! {image}
Are you using something like martingale strategy?

From your closed positions , i saw that your lot size increase as price go in opposite direction. It is not exactly martingale but similar to it. As long as you can handle it profitably, all strategies are good.
Love for all; Hatred for none.
  • #7,880
  • May 15, 2023 8:42am May 15, 2023 8:42am
Another day when gold should be rallying, another day when price is suppressed.

Maybe I'm too bullish, but the macro looks like shit, the recent news is shit, people are losing jobs, production going down, credit getting tighter, banks collapsing, us default talks, credit usage getting higher, consumer confidence is low, yet....

Here were are.
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