Gold | Page 870 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #17,381
  • Aug 31, 2023 4:33am Aug 31, 2023 4:33am
No solid volatility for yesterday's news event. Unemployment claim should bring some volatility both side today
  • #17,382
  • Aug 31, 2023 5:12am Aug 31, 2023 5:12am
Quoting luckytujuh
{quote} Ive tried HFM before. The spread are beautiful zero spread but the commision for gold is $14 per lot. I stop with them because the website loads very slow everytime
Yeah they are great, and withdrawal is easy with a minimum of $5 but I wasn't aware of commission charges :/ where can I check that out? On the daily statement they email one? I haven't seen any deductions as such within the MT5 app though
"Who Dares Wins"
  • #17,383
  • Aug 31, 2023 5:13am Aug 31, 2023 5:13am
Quoting madhfriendz
No solid volatility for yesterday's news event. Unemployment claim should bring some volatility both side today
Unemployment claims wont help much. Unless its rate, then its something big which is tomorrow. U want a big number on pce. Tbh tonight red folder wont impact much eventhough its red folder. You can see the price action. Even after locking 3rd h4 candle. Its not doing anything much. Its now based on technicals. Whereas tomorrow is really based on fundamental trading which is high volatility.

So lets hope during us session its grab liquidity before entering any sells.
Trading is very lonely
  • #17,384
  • Aug 31, 2023 5:14am Aug 31, 2023 5:14am
Quoting David-Roddel
Very appreciate to read real good insights and others methods about trading
I appreciate it too, makes one more comfortable about the topics we tend not to discuss, but is just as important for all fx traders alike. If I see they do charge much (or any) commission, is there any international broker you would recommend above HFM?
"Who Dares Wins"
  • #17,385
  • Aug 31, 2023 5:17am Aug 31, 2023 5:17am
I am very happy with ICMarkets. already since 2013
  • #17,386
  • Aug 31, 2023 5:30am Aug 31, 2023 5:30am
Quoting Ravenfeeder
{quote} Yeah they are great, and withdrawal is easy with a minimum of $5 but I wasn't aware of commission charges :/ where can I check that out? On the daily statement they email one? I haven't seen any deductions as such within the MT5 app though

When u enter a trade. The commision is shown for 1 lot is $14 for gold. So 0.01 is $0.14 . This is only if u use the zero spread account for HFM. For currencies its $7 per lot.
What i like about HFM is that when they say zero spread its really zero spread and during news even such as nfp and cpi. The spread only increase to 10-15. Sometimes only 5. Its not like other broker when the spread increases to 60-90 during big news like nfp and cpi.
Trading is very lonely
  • #17,387
  • Aug 31, 2023 5:36am Aug 31, 2023 5:36am
I am basically outside, on my way home. So i can show you what im seeing. H4 has already locked 1 bear candle, as usual people will expect price to drop down, but bulls are raging it. If it breaks the previous h4.
Its either we wait for a fakeout our or a liquidity at the top before entering a sell.

I prefer price actions with 2 bull or 2 bear to get a perfect entry buy or sell.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20230831_183342.jpg Size: 114 KB
Trading is very lonely
  • #17,388
  • Aug 31, 2023 6:23am Aug 31, 2023 6:23am
Quoting MrFanciful
£436 > £81 today...Guess I should quit this bullshit after all...6 fucking years of my life
Keep at it, you will get there.... I have covid right now and feeling totally shit but get on zoom with me in a week or 2 and see what your doing
  • #17,389
  • Aug 31, 2023 6:39am Aug 31, 2023 6:39am
Quoting T721
{quote} Keep at it, you will get there.... I have covid right now and feeling totally shit but get on zoom with me in a week or 2 and see what your doing
Stay strong! Sending healing vibes your way. Get well soon!
  • #17,390
  • Aug 31, 2023 6:40am Aug 31, 2023 6:40am
Quoting Shah-Baba
{quote} Stay strong! Sending healing vibes your way. Get well soon!
Thanks pal, much appreciated
  • #17,391
  • Aug 31, 2023 6:59am Aug 31, 2023 6:59am
Any break below 1942,ctach the falling to 1926 area!

Trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-08-31-17-28-01-86_a068875e8d70110f8d1ec48729c67374.jpg Size: 673 KB
Its all about Timing!!!
  • #17,392
  • Aug 31, 2023 7:12am Aug 31, 2023 7:12am
Quoting Murugesh29
Any break below 1942,ctach the falling to 1926 area! Trade safe {image}
its needs to break 1937, and it needs to close below 1937 on next h4 candle to go there. it needs to badly break yesterday open price as it will be tough. for now see where this is going to close first in 45 mins
Trading is very lonely
  • #17,393
  • Aug 31, 2023 7:18am Aug 31, 2023 7:18am
May have to accept that the worm has turned especially if soft job numbers are confirmed AND Covid gets back in the news, the Last hike may just be the excuse the GOP need to can the Fed. No reason to jump the gun just yet though.
  • #17,394
  • Aug 31, 2023 7:20am Aug 31, 2023 7:20am
Quoting luckytujuh
{quote} its needs to break 1937, and it needs to close below 1937 on next h4 candle to go there. it needs to badly break yesterday open price as it will be tough. for now see where this is going to close first in 45 mins
changing divergence,lets see
Attached Image (click to enlarge)
Click to Enlarge Name: div2.png Size: 8 KB
Its all about Timing!!!
  • #17,395
  • Aug 31, 2023 7:23am Aug 31, 2023 7:23am
selling todayyyyyyy...lets see
  • #17,396
  • Aug 31, 2023 7:24am Aug 31, 2023 7:24am
Quoting Murugesh29
Any break below 1942,ctach the falling to 1926 area! Trade safe {image}
No plan B today
Its all about Timing!!!
  • #17,397
  • Aug 31, 2023 7:28am Aug 31, 2023 7:28am
Quoting luckytujuh
{quote} When u enter a trade. The commision is shown for 1 lot is $14 for gold. So 0.01 is $0.14 . This is only if u use the zero spread account for HFM. For currencies its $7 per lot. What i like about HFM is that when they say zero spread its really zero spread and during news even such as nfp and cpi. The spread only increase to 10-15. Sometimes only 5. Its not like other broker when the spread increases to 60-90 during big news like nfp and cpi.
Ah I understand, yes that's their premium account which one pays for, and I'll do that once my trading can pay for ot comfortably , but on their normal unpaid account spread is exactly as you mention during NFP, and about 20-30 when no news or at normal volatily.
"Who Dares Wins"
  • #17,398
  • Aug 31, 2023 7:29am Aug 31, 2023 7:29am
Quoting luckytujuh
I am basically outside, on my way home. So i can show you what im seeing. H4 has already locked 1 bear candle, as usual people will expect price to drop down, but bulls are raging it. If it breaks the previous h4. Its either we wait for a fakeout our or a liquidity at the top before entering a sell. I prefer price actions with 2 bull or 2 bear to get a perfect entry buy or sell. {image}
Great advice, thank you!
"Who Dares Wins"
  • #17,399
  • Aug 31, 2023 7:30am Aug 31, 2023 7:30am
Quoting Murugesh29
{quote} changing divergence,lets see {image}
These days XAUUSD has become totally Event Driven Asset.It sleeps all days and Run during News event. Today DXY and XAUGBP have good bullish moves but it continues its sleep during London. My broker is not providing both DXY and XAUGBP otherwise I do not take time to shift for a time being from this pair.Trade safe Buddies.
  • #17,400
  • Aug 31, 2023 7:31am Aug 31, 2023 7:31am
Quoting T721
{quote} Keep at it, you will get there.... I have covid right now and feeling totally shit but get on zoom with me in a week or 2 and see what your doing
Wow, open to getting on Zoom to help? Amazing people here, really!
Get well soon, COVID isn't cool!
"Who Dares Wins"
198 traders viewing now