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  • #19,441
  • Sep 26, 2023 2:40am Sep 26, 2023 2:40am
Quoting ghostx017
{quote} Oh yes, i do trade small. I barely have 500$ in my account lol. And every time I get to 600, i end up losing more and falling back. Still trying to learn though. Thanks
Suffering the same shit.
  • #19,442
  • Sep 26, 2023 2:41am Sep 26, 2023 2:41am
Quoting ghostx017
{quote} Well i had a buy limit set at 1919 yesterday evening and then i broke my phone, didn't have anywhere else to check it. Turns out i forgot to set stop loss, the limit got triggered, gold kept falling, i just checked and it's at 1909 so yeah fml
So price currently is in retracement zone but there is a chance to drop a little bit more down to 1907-08 area. Its better to wait for current 4H close and if it close below 1914 then price can retrace minimum up to 1916-17 area or maximum up to 1921-22 area before further drop to 1900 or more. I do not prefer to hedge the trade in this down trend but if you are easy with the hedging then You can take a buy order double of your trade size after close of Current 4H candle if it close as per mentioned above and close buy in 1916 area and wait for next price action. Price most probably can reach up to 1922-23 area if you got confirmation for more up move you can enter again in buy till you trade entry and close there.If you not want to take a hedge risk then wait for the retracement maximum up to 1907 or current 4H close. You must be little careful in 1916-17 area and if this area will be breached then retracement up to 1921-22 is most probably possible before further drop. Trade safe
  • #19,443
  • Sep 26, 2023 2:45am Sep 26, 2023 2:45am
Quoting parveenverma
{quote}So price currently is retracement zone but there is a chance to drop a little bit more down to 1907-08 area. Its better to wait for current 4H close and if it close below 1914 then price can retrace minimum up to 1916-17 area or maximum up to 1921-22 area before further drop to 1900 or more. I do not prefer to hedge the trade in this down trend but if you are easy with the hedging then You can take a buy order double of your trade size after close of Current 4H candle if it close as per mentioned above and close buy in 1916 area and wait...
Im aiming for 1920-21.
Trade safe
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #19,444
  • Sep 26, 2023 2:54am Sep 26, 2023 2:54am
Quoting parveenverma
{quote}So price currently is in retracement zone but there is a chance to drop a little bit more down to 1907-08 area. Its better to wait for current 4H close and if it close below 1914 then price can retrace minimum up to 1916-17 area or maximum up to 1921-22 area before further drop to 1900 or more. I do not prefer to hedge the trade in this down trend but if you are easy with the hedging then You can take a buy order double of your trade size after close of Current 4H candle if it close as per mentioned above and close buy in 1916 area and wait...
Thanks a lot for responding! You're an amazing person! Been following you for quite a while now
Just one more dumb rookie question, what time in IST does 4H close? I was thinking it works according to GMT but someone here said different platforms have different timeframes or something like that so I'm confused :/
  • #19,445
  • Sep 26, 2023 2:56am Sep 26, 2023 2:56am
Daily target hit. Done for the day.

Now back to my regular job
  • #19,446
  • Sep 26, 2023 2:59am Sep 26, 2023 2:59am
Quoting MrFanciful
Daily target hit. Done for the day. Now back to my regular job
Im watching you...
Good job.
Consistency!
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #19,447
  • Sep 26, 2023 3:03am Sep 26, 2023 3:03am
Quoting 10QFX
{quote} +20pips {image}
Attached Image (click to enlarge)
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  • #19,448
  • Sep 26, 2023 3:03am Sep 26, 2023 3:03am
Quoting 10QFX
{quote} {image}
TP Hit +40
  • #19,449
  • Sep 26, 2023 3:04am Sep 26, 2023 3:04am
Quoting ghostx017
{quote} Thanks a lot for responding! You're an amazing person! Been following you for quite a while now Just one more dumb rookie question, what time in IST does 4H close? I was thinking it works according to GMT but someone here said different platforms have different timeframes or something like that so I'm confused :/
Let's make it simple instead it to make more complicating.I am using MT5 so my current 4H close time is 2:30 IST exactly.If you are trading from India as per your profile then it will be same. But if you are using MT4 then I can't say anything.Its better to install Clock indicator in your MT4/5 chart. If you required I have this indicator for MT5 and if you are using MT4 then it is easily available online.Trade safe
Attached File(s)
File Type: zip b-clock.zip   12 KB | 369 downloads
  • #19,450
  • Sep 26, 2023 3:09am Sep 26, 2023 3:09am
Scalping Sell
Attached Image (click to enlarge)
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  • #19,451
  • Sep 26, 2023 3:15am Sep 26, 2023 3:15am
Quoting parveenverma
{quote} Let's make it simple instead it to make more complicating.I am using MT5 so my current 4H close time is 2:30 IST exactly.If you are trading from India as per your profile then it will be same. But if you are using MT4 then I can't say anything.Its better to install Clock indicator in your MT4/5 chart. If you required I have this indicator for MT5 and if you are using MT4 then it is easily available online.Trade safe {file}
Yep I use MT5 as well! Thanks a lot again!
Sorry for asking too many questions and thank you for your insights people! cheers!
  • #19,452
  • Sep 26, 2023 3:22am Sep 26, 2023 3:22am
Quoting MrFanciful
Daily target hit. Done for the day. Now back to my regular job
you are doing fast

dolce vita
  • #19,453
  • Sep 26, 2023 3:28am Sep 26, 2023 3:28am
My anxiety trigger finger closed but trade at 1913 and as soon as I've done that it went to my tp at 1915 bruh
Never stop learning. Improvise, adapt, overcome.
  • #19,454
  • Sep 26, 2023 3:30am Sep 26, 2023 3:30am
for me 13.80-17-80 as a closest range
one buy left at (11.19, without TP&SL)
get some losses but in after all
we left middle point (daily candle ) at 13.14..,
dolce vita
  • #19,455
  • Sep 26, 2023 3:31am Sep 26, 2023 3:31am
Quoting 10QFX
Scalping Sell {image}
Adjust my stop to 1919.5
  • #19,456
  • Sep 26, 2023 3:32am Sep 26, 2023 3:32am
Quoting MrFanciful
Daily target hit. Done for the day. Now back to my regular job
MrConsistency
  • #19,457
  • Sep 26, 2023 3:33am Sep 26, 2023 3:33am
Quoting Srnz7
My anxiety trigger finger closed but trade at 1913 and as soon as I've done that it went to my tp at 1915 bruh
It's all part of this game. Don't worry mate... market provides you several chances a day.Anxiety is a biggest enemy of a trader so Keep it away from you always.Happy Trading & Trade Safe
  • #19,458
  • Sep 26, 2023 3:34am Sep 26, 2023 3:34am
i think price changed its characteristics in 15mtf it probably should come to near 1913 again…and a buy entry may possible till 1921…may b wrong trade safe
  • #19,459
  • Sep 26, 2023 3:36am Sep 26, 2023 3:36am
H4, Fib
Attached Image (click to enlarge)
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38.2% at 18.50th
50.00% at 24th
dolce vita
  • #19,460
  • Sep 26, 2023 3:41am Sep 26, 2023 3:41am
again not Gold but works on all

15m or 1hr liquidity, followed by strong rejection, scaled into 1m and FVG found for entry

**did not take as missed the trade but thought id dropped the entry and setup**

we did get it on gold aswell this AM on 15m
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