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  • #28,221
  • Mar 11, 2024 3:37am Mar 11, 2024 3:37am
Quoting NextElliott
{quote} In the market majority always lose and minority always win...
You are 100% correct but this is where psychology comes to play- fomo comes into play -greed comes into play and most of all my favorite patience patience patience
average dude treading water
  • #28,222
  • Mar 11, 2024 3:54am Mar 11, 2024 3:54am
Quoting S3000
{quote} On silver sorry
or an expanding triangle / megaphone , bearish ! nxt support goes to 2174.50 before 2164!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #28,223
  • Mar 11, 2024 3:55am Mar 11, 2024 3:55am
Quoting NextElliott
{quote} Market makers love to play with Trader's psychology.. We have to play smartly ..
Of course, those in power are looking for their own interests, but do you have a different opinion about this chart? Do you think the time has not come to correct the price and the market will not move down?
  • #28,224
  • Mar 11, 2024 4:16am Mar 11, 2024 4:16am
Quoting keivan71
{quote} Of course, those in power are looking for their own interests, but do you have a different opinion about this chart? Do you think the time has not come to correct the price and the market will not move down?
I agree with your chart work.. but as I said market makers love to create illusion among traders .. when majority traders start responding towards their trap (sometimes) , they start showing them the opposite reality majority of time .. We have to control our greed and fear.. both.. If possible we have to think like them..
I'm not always right.. I'm not always wrong neither
  • #28,225
  • Mar 11, 2024 4:30am Mar 11, 2024 4:30am
My Daily Pivots & Range
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  • #28,226
  • Mar 11, 2024 6:23am Mar 11, 2024 6:23am
What a slow moves for Gold, you can’t tell if it’s going up or down
  • #28,227
  • Mar 11, 2024 6:34am Mar 11, 2024 6:34am
my opinion...
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  • #28,228
  • Mar 11, 2024 6:53am Mar 11, 2024 6:53am
live update.
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  • #28,229
  • Mar 11, 2024 7:01am Mar 11, 2024 7:01am
Quoting H.z
What a slow moves for Gold, you can’t tell if it’s going up or down
I think that's the reason its going down, because the momentum of the buying is slowing
  • #28,230
  • Mar 11, 2024 7:02am Mar 11, 2024 7:02am
My H1 is down by the way, for correction/retracement and gap closing.
Exhausted
  • #28,231
  • Mar 11, 2024 7:09am Mar 11, 2024 7:09am
Quoting NextElliott
{quote} I agree with your chart work.. but as I said market makers love to create illusion among traders .. when majority traders start responding towards their trap (sometimes) , they start showing them the opposite reality majority of time .. We have to control our greed and fear.. both.. If possible we have to think like them..
Would you mind sharing more insights into the mindset of market makers, so as to think like them if possible?
Truth is constant
  • #28,232
  • Mar 11, 2024 7:21am Mar 11, 2024 7:21am
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How is my chart?
The red candle is the opening of the market
This is the 1H chart.
  • #28,233
  • Mar 11, 2024 7:40am Mar 11, 2024 7:40am
I think XAU/USD is pretty overbought right now. It's been on an upward streak for eight days straight. Given this, it might be wise to think about the possibility of some sideways movement or even a bit of a pullback in the market at this stage.
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| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #28,234
  • Mar 11, 2024 7:56am Mar 11, 2024 7:56am
Quoting Elysion
My H1 is down by the way, for correction/retracement and gap closing.
where is gap
People don't plan to lose. They lose because they don't plan.
  • #28,235
  • Mar 11, 2024 7:58am Mar 11, 2024 7:58am
Quoting TraderElvis
{quote} Would you mind sharing more insights into the mindset of market makers, so as to think like them if possible?
You will get some idea from below link:
https://www.researchgate.net/publica..._Market_Makers
I'm not always right.. I'm not always wrong neither
  • #28,236
  • Mar 11, 2024 8:08am Mar 11, 2024 8:08am
Quoting ScalaFX
{quote} where is gap
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Perhaps?
Attached File(s)
File Type: zip Gap_Finder_01.zip   27 KB | 353 downloads
Don't compare your trades to others. Most often the masses are the asses
  • #28,237
  • Mar 11, 2024 8:26am Mar 11, 2024 8:26am
Quoting jiddifx
I think XAU/USD is pretty overbought right now. It's been on an upward streak for eight days straight. Given this, it might be wise to think about the possibility of some sideways movement or even a bit of a pullback in the market at this stage. {image}

Wait for comex opens in a few minutes left. See if it goes down or goes up. Or create a fakeout
Trading is very lonely
  • #28,238
  • Mar 11, 2024 8:36am Mar 11, 2024 8:36am
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  • #28,239
  • Mar 11, 2024 8:46am Mar 11, 2024 8:46am
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  • #28,240
  • Mar 11, 2024 8:51am Mar 11, 2024 8:51am
do your own research before entering in trade....take entry with your strategy...use proper stop loss
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