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  • #21,741
  • Oct 20, 2023 2:08am Oct 20, 2023 2:08am
Because I have such a small amoutn left, I have HUGE percentage losses. 40% down already because a 0.01 lot size is a big proportion.

7 years.
  • #21,742
  • Oct 20, 2023 2:26am Oct 20, 2023 2:26am
Just request the closure of my account. I'm off to photograph the collapse of Western civilization.
  • #21,743
  • Oct 20, 2023 2:34am Oct 20, 2023 2:34am
Why to keep trading and risking money even knowing the world situation is getting worst with de z1on1ist conflict.. if you have long winning positions keep it and put stops at support, if not don't trade
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  • #21,744
  • Oct 20, 2023 2:45am Oct 20, 2023 2:45am
Quoting MrFanciful
I'm looking at this 17000 pip move up without a pullback and I'm thinking "lets start buying this shit"

Usually that's about the time things start to turn around. I would be cautious on anything gold wise until the gap closes. Then you have a clear buy signal. No reason to compromise that
TechKnow
  • #21,745
  • Oct 20, 2023 2:58am Oct 20, 2023 2:58am
Quoting elbert3
{image} Stop still at the last high mmmmmm
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Stops taken out . Question do I go long . Let’s see 5 min rule again long
  • #21,746
  • Oct 20, 2023 3:00am Oct 20, 2023 3:00am
________ a freeeebeeee Again
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Don’t focus on making $$$, focus on protecting what you have.
  • #21,747
  • Oct 20, 2023 3:01am Oct 20, 2023 3:01am
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Ok enter booked at the drop on the next 5 min candle short . Stop and long order on that top .. could get stopped both ways . If it gets in to profit the pp on . If that makes sense
  • #21,748
  • Oct 20, 2023 3:06am Oct 20, 2023 3:06am
Apparent 3 tops in M15 tf, so watching signal 1979.46 /78.14 for confirmation 1974.10
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,749
  • Oct 20, 2023 3:18am Oct 20, 2023 3:18am
Hard to believe I was making £2000+ a day back in July.
  • #21,750
  • Oct 20, 2023 3:44am Oct 20, 2023 3:44am
Quoting MrFanciful
I'm looking at this 17000 pip move up without a pullback and I'm thinking "lets start buying this shit"
Waiting
Its all about Timing!!!
  • #21,751
  • Oct 20, 2023 3:51am Oct 20, 2023 3:51am
Quoting Murugesh29
{quote} Waiting
For what, precisely?
  • #21,752
  • Oct 20, 2023 3:56am Oct 20, 2023 3:56am
Quoting fontu
Apparent 3 tops in M15 tf, so watching signal 1979.46 /78.14 for confirmation 1974.10 {image} {image}
No, same crazy extreme bull pa, ab to d up, no c, pattern must back to standard to weak one. Better go above bull target immediate 1987 first! Last leg need correct minimum for standard.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,753
  • Oct 20, 2023 4:08am Oct 20, 2023 4:08am
Quoting Murugesh29
{quote} Waiting
92? 95? 99? or 2000?
  • #21,754
  • Oct 20, 2023 4:24am Oct 20, 2023 4:24am
Quoting d1zzy
{quote} 92? 95? 99? or 2000?
Exactly. Who knows. 2000 would be a 10.5% up move in two weeks without a pullback. For some reason, I feel like I'm being looked at as if I'm the crazy oe for thinking I should be looking for sells.

Maybe this is the beginning of the move up for gold, and it's never going back down below here ever again. If it is, there isn't much point in doing this trading because your'll be doing it with currency that will very soon go the way of the Mark in Wiermar Republic in the 1920's. The best that the West can look forward to is becoming like Argentina. And that is probably the best case scenario.
  • #21,755
  • Oct 20, 2023 4:36am Oct 20, 2023 4:36am
If the West does go the way of Weimar Republic, I'll be able to buy a house with just one of my britannia's.
  • #21,756
  • Oct 20, 2023 4:44am Oct 20, 2023 4:44am
Quoting MrFanciful
If the West does go the way of Weimar Republic, I'll be able to buy a house with just one of my britannia's.
LOL
  • #21,758
  • Oct 20, 2023 4:52am Oct 20, 2023 4:52am
Quoting d1zzy
{quote} LOL
I'm listening to the audiobook of How Money Dies (book about the inflation of the Weimar Republic), about how the inflation took hold etc. Very interesting and well worth a read. Not a very big book.

There was a guy there who was able to see the collapse of the currency coming and took out loads of debt to buy loads of companies in different industries. As hyper inflation took hold and his debt got inflated away, he paid back his nominal debt with worthless money and became the richest man in Germany.

There were students from America who were there when it happened who literally did what I just said about buying a house. Their parents sent them gold and you could literally buy up a whole street of houses for a single ounce of gold.
  • #21,759
  • Oct 20, 2023 4:54am Oct 20, 2023 4:54am
Quoting MrFanciful
{quote} For what, precisely?
Quoting d1zzy
{quote} 92? 95? 99? or 2000?

Breaking of 1988 area for 2025 area
Its all about Timing!!!
  • #21,760
  • Oct 20, 2023 5:00am Oct 20, 2023 5:00am
Wow gold has not been this strong since about mid 2020!
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