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  • #12,441
  • Edited 1:44am Jul 16, 2023 1:27am | Edited 1:44am
Quoting Fenty
{quote} nobody knows, but what would push gold back up to all time highs? Look at what proceded the triple top. Covid, Ukraine invasion and US banks collapsing. It stands to reason that price isn't going back there without a major event to drive it. Up from here only has 2 driving factors. USD weakness, it is weak and that's what's causing these moves up, it's not demand for gold. The other is a recession on the horizon. Looks like a recession will hit lots of countries in 6 to 12 months. Other than that, history and fundamentals show little reason...
not know or more care about fundamentals as wrote above post , whenever there are demand some forms of fundamentals come forwards to accommodate. ok not easy as seems so though ! not only gold may correlate usdx or other prices , simply fear of market/ economic turmoils of insecurities of investments also do , investors get refuge in gold for safety . even go with usdx together UP !! usdx likely hold more than expected time arounds and now tanking and may continue towards 93 almost uninterrupted possible ! no covid , ukraine or bank collapsing or any big news also bad for usdx , as not able to exploit news to keep afloat ! so tanking !! medium term recession US likely continue , and if further deepen then may adds more wars any place in the world , as igniting ukraine one not any enough as running in very slow motion without immediate great devastating outcome ,Russia soft in reaction for ukraine .no big burst with little or fat boys or may dirty man next , no great acceleration n likely soon , and if any time, may reach firing level for 100s at random , nobody will allow or do so ! this is just my personal views , i am not a political analyst of any kind ! lets see , take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #12,442
  • Edited 9:58am Jul 16, 2023 9:44am | Edited 9:58am
_________________ Just sharin my BankOrderFlow XAUUSD and its NOT photoshopped[@ Zebi ] 4sure ppl aka FX retail traders !

_______________________________ BTW , Islamic acct. = No Huge SWAP on WKEnd RollOver
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Don’t focus on making $$$, focus on protecting what you have.
  • #12,443
  • Jul 16, 2023 9:54am Jul 16, 2023 9:54am
Quoting parveenverma
{quote}No... I do not predict the market for news event as per my thumb rule of my trading. I always sit a side and calmly wait for the news out.....while result out I enter the market as per the result out after very first price pull back either that is small or long......So no need to predict at this point of time for me. While I know that I will surely earn the profit why I will go for the predictions. As per technical perspective I am bearish from 1963 because it is one of my key level as I mentioned.Trade safe
Dear parveenverma
My name is saal, and I am writing to you with great interest in your expertise as a successful forex trader, particularly your knowledge of trading after news events. Your reputation as a skilled trader has piqued my curiosity, and I am eager to learn from your valuable experience.
I have been involved in the forex market for some time, and while I have made progress, I recognize that there is much more to learn to become consistently profitable. The idea of trading after news events intrigues me, as I believe it could be a method to enhance my trading skills and improve my results.
Considering the unpredictable nature of the forex market, I am aware that trading after news releases can be inherently riskier. Therefore, I would like to kindly request that you share your expertise with me in a manner that emphasizes safety and risk management. I am seeking guidance on identifying and capitalizing on opportunities that arise from news events while safeguarding against potential pitfalls.
I am committed to investing time and effort to master this approach and believe that learning from someone with your level of expertise would be instrumental in my trading journey. I assure you that I will approach this opportunity with utmost dedication and respect for your knowledge.
In your teaching, I would be grateful if you could cover the following aspects:
Understanding how news events impact the forex market and identifying high-impact events.
Developing a disciplined approach to trading after news releases.
Implementing effective risk management strategies to protect capital.
Analyzing market sentiment and interpreting price action after news events.
Identifying potential entry and exit points with a focus on maximizing profits while minimizing risks.
I sincerely appreciate your consideration of my request and eagerly anticipate the opportunity to learn from you. Thank you for considering my request, and I hope to hear from you soon.
Wishing you continued success in your trading endeavors.
Sincerely, saal
Success is not final, failure is not fatal... - Winston Churchill
  • #12,444
  • Jul 16, 2023 10:06am Jul 16, 2023 10:06am
Quoting parveenverma
Hello all! I hope all are enjoying their weekend. So.... Here are some important updates that I notice after update my charts...... 1. 1962-1963 area is a strong resistance zone because now 3 Giants(Weekly/Monthly, Daily and 4H Resistance) gathered in this zone for hold the Bulls door of upward way so I am expecting a retracement toward news key levels 1944,1938,1932 and 1924 and more possible.This is a retracement swing so more sideways move than trendy move can be expected so scalping by small target and quick profit booking become better option...
VERY REALISTIC view of the market behavior !!!
  • #12,445
  • Jul 16, 2023 10:28am Jul 16, 2023 10:28am
Quoting profits7
_________________ Just sharin my BankOrderFlow XAUUSD and its NOT photoshopped[@ Zebi ] 4sure ppl aka FX retail traders ! _______________________________ BTW , Islamic acct. = No Huge SWAP on WKEnd RollOver {image}
That's a lot of long positions, looks more like a gamble than analysis
  • #12,446
  • Edited 2:13pm Jul 16, 2023 1:03pm | Edited 2:13pm
Quoting Xauusdscalpr
{quote} That's a lot of long positions, looks more like a gamble than analysis
________ These are last Fri. trades , its Neither gamble or analysis [google it Up] and it aint Cheap
Don’t focus on making $$$, focus on protecting what you have.
  • #12,447
  • Jul 16, 2023 2:49pm Jul 16, 2023 2:49pm
Hello Folks, i don't know what will happen sunday but im excepting the price to go between this area 1939 - 1941 for buy if my setup is building there..
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  • #12,448
  • Jul 16, 2023 2:52pm Jul 16, 2023 2:52pm
Quoting saal
‏ Subject: Greetings to My Fellow Forex Traders! Dear Esteemed Members of the Forex Trading Community, I hope this message finds you all in good health and high spirits. As a new member, I am excited to be a part of this vibrant and knowledgeable forum, dedicated to the fascinating world of forex trading. Allow me to introduce myself and express my eagerness to contribute to the discussions, learn from your experiences, and foster a supportive and collaborative environment. Firstly, please allow me to express my utmost respect for the expertise...
Welcome back, Seit.
  • #12,449
  • Jul 16, 2023 4:57pm Jul 16, 2023 4:57pm
It's a new trading week, wish you all Best of Luck..!!
Okechukwu Jacob.C.
  • #12,450
  • Jul 16, 2023 5:33pm Jul 16, 2023 5:33pm
Opened buy trades targetting 1956… sl 50-51
Extreme gut feeling trader
  • #12,451
  • Edited 7:53pm Jul 16, 2023 7:40pm | Edited 7:53pm
Quoting montygoldy
Opened buy trades targetting 1956… sl 50-51
Updated Tp to 1958.... My guts screaming 4h candles showing potential to get there..... My sell positions will start above or close to 1963.... Monday is always tricky....
Extreme gut feeling trader
  • #12,452
  • Jul 16, 2023 8:53pm Jul 16, 2023 8:53pm
Quoting Xauusdscalpr
{quote} You deleting your account will be the best thing to happen in this forum. I'd enjoy never having to see you post again more than I would if I had a profitable trade by 1000 pips
finally, still there a few more
  • #12,453
  • Jul 16, 2023 9:36pm Jul 16, 2023 9:36pm
Quoting David-Roddel
{quote} finally, still there a few more
Trying some Buy scalp here. I hope to reach it 1956 & 1961 Possible.I may be wrong.Trade safe
  • #12,454
  • Jul 16, 2023 9:52pm Jul 16, 2023 9:52pm
Quoting parveenverma
{quote} Trying some Buy scalp here. I hope to reach it 1956 & 1961 Possible.I may be wrong.Trade safe
Very hard to trade 1950 zone ... price pushing to 194x .. Im scalping too, no long term ops
  • #12,455
  • Jul 16, 2023 9:58pm Jul 16, 2023 9:58pm
Quoting David-Roddel
{quote} Very hard to trade 1950 zone ... price pushing to 194x .. Im scalping too, no long term ops
Yes .....u r right. Even I am expecting more 1935 and 1925 by this retracement. Till now there is not clear price direction so trying the scalping boat here.Trade safe
  • #12,456
  • Jul 16, 2023 10:00pm Jul 16, 2023 10:00pm
Quoting parveenverma
{quote} Trying some Buy scalp here. I hope to reach it 1956 & 1961 Possible.I may be wrong.Trade safe
1956-58 is a sure shot today i believe … 1960 i have a feeling we get there as well… my non analytical experience screaming in my guts is we do a fakeout up move beyond 1963 to maybe 1969-70 zone before going for a huge sell to 1930-40 zone
Extreme gut feeling trader
  • #12,457
  • Jul 16, 2023 10:02pm Jul 16, 2023 10:02pm
Unable to breach yesterday low.. expect soon some up movement … preferably 1958-60 area
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Extreme gut feeling trader
  • #12,458
  • Jul 16, 2023 10:08pm Jul 16, 2023 10:08pm
Quoting montygoldy
{quote} 1956-58 is a sure shot today i believe … 1960 i have a feeling we get there as well… my non analytical experience screaming in my guts is we do a fakeout up move beyond 1963 to maybe 1969-70 zone before going for a huge sell to 1930-40 zone
Totally agree to u. After first profit booking my next SL will become Risk free by pulling SL to more than BE . If I will see any sign of rejection I will quit ASAP. In scalping I never stick and wait for my TP hit.I mentioned the same in my yesterday post that A fakeout above also expected above 1963 up to 1975 to grab the liquidity building up continue with the hope of strong resistance. Trade safe
  • #12,459
  • Jul 16, 2023 10:38pm Jul 16, 2023 10:38pm
Quoting parveenverma
{quote} Totally agree to u. After first profit booking my next SL will become Risk free by pulling SL to more than BE . If I will see any sign of rejection I will quit ASAP. In scalping I never stick and wait for my TP hit.I mentioned the same in my yesterday post that A fakeout above also expected above 1963 up to 1975 to grab the liquidity building up continue with the hope of strong resistance. Trade safe
Bears trying to take the charge back from the bulls ........I will wait till current 15M close or otherwise SL will complete its task to throw me out of this scalp.Trade safe
  • #12,460
  • Jul 16, 2023 10:47pm Jul 16, 2023 10:47pm
Quoting parveenverma
{quote} Bears trying to take the charge back from the bulls ........I will wait till current 15M close or otherwise SL will complete its task to throw me out of this scalp.Trade safe
Never knows, price still hard to break down .. I will hold and break even if necessary
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