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  • #31,161
  • Apr 15, 2024 6:17am Apr 15, 2024 6:17am
Quoting Mcbeaners
{quote} does look like the dollar will knocked off its perch, probably on the news you mention
as ever the market will show us but reckon that we'll see a new low for the day just before the news. which i hopefully will buy. fingers crossed.
In tea leaves we trust!
  • #31,162
  • Apr 15, 2024 6:23am Apr 15, 2024 6:23am
Quoting Mcbeaners
{quote} as ever the market will show us but reckon that we'll see a new low for the day just before the news. which i hopefully will buy. fingers crossed.
My long positions already running right now. Hopefully price will climb up during US sessions
  • #31,163
  • Apr 15, 2024 6:42am Apr 15, 2024 6:42am
Quoting hjalil
{quote} My long positions already running right now. Hopefully price will climb up during US sessions
Becaureful with the downward movements coming in soon
Think longterm not shortterm
  • #31,164
  • Apr 15, 2024 6:45am Apr 15, 2024 6:45am
Quoting Ntchindi
{quote} Becaureful with the downward movements coming in soon
Aye…monitoring it closely
  • #31,165
  • Apr 15, 2024 6:51am Apr 15, 2024 6:51am
Quoting Mcbeaners
{quote} as ever the market will show us but reckon that we'll see a new low for the day just before the news. which i hopefully will buy. fingers crossed.
which news?? this one -
https://www.forexlive.com/news/israe...ties-20240415/.

this is positive gold
  • #31,166
  • Apr 15, 2024 7:38am Apr 15, 2024 7:38am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 33 KB
Be Calm In Every Situation
  • #31,167
  • Apr 15, 2024 7:41am Apr 15, 2024 7:41am
more positive data means no rate hike. gold today its moving on the possible Israel retaliation move. lets see how it pans out. I won't short till 2329 is broken and would not long for something like 2500. I dont think it will come.
  • #31,168
  • Apr 15, 2024 7:43am Apr 15, 2024 7:43am
Dollar is really strong but still gold does not care and making higher high everyday
  • #31,169
  • Apr 15, 2024 7:45am Apr 15, 2024 7:45am
Quoting Mcbeaners
{quote} as ever the market will show us but reckon that we'll see a new low for the day just before the news. which i hopefully will buy. fingers crossed.
copper and silver already moving north. reckon we won't see new lows in gold.
In tea leaves we trust!
  • #31,170
  • Edited 9:06am Apr 15, 2024 7:57am | Edited 9:06am
I longed from 2356. TP - 2372.6
Still starting out so opinions are welcome guys!
Safe trading

edit: it didnt go well xd
  • #31,171
  • Apr 15, 2024 8:48am Apr 15, 2024 8:48am
Took a bit of a break from the forum and tried to improve. Took £31 to £332 over two weeks. Thought things were improving but today screwed me in the arse. Lost everything plus money I topped up with. I now have £6 in my account.

If I bought, it went down and took my stops, If i sold it went up and took my stops.
  • #31,172
  • Apr 15, 2024 9:07am Apr 15, 2024 9:07am
What you guys talking. Everything mixed like bigger plate. Not a professional thinking.
SURFER
  • #31,173
  • Apr 15, 2024 9:09am Apr 15, 2024 9:09am
Quoting Mcbeaners
{quote} copper and silver already moving north. reckon we won't see new lows in gold.
i reckoned wrong. here we are.
In tea leaves we trust!
  • #31,174
  • Apr 15, 2024 9:09am Apr 15, 2024 9:09am
Quoting Mcbeaners
{quote} i reckoned wrong. here we are.
i'd be a buyer at 2314 ish
In tea leaves we trust!
  • #31,175
  • Apr 15, 2024 9:11am Apr 15, 2024 9:11am
Let me stay away from negative trader's. Good luck
SURFER
  • #31,176
  • Apr 15, 2024 9:13am Apr 15, 2024 9:13am
Quoting MrFanciful
Took a bit of a break from the forum and tried to improve. Took £31 to £332 over two weeks. Thought things were improving but today screwed me in the arse. Lost everything plus money I topped up with. I now have £6 in my account. If I bought, it went down and took my stops, If i sold it went up and took my stops.
With 332 dollars, you can not effectively and sustainably trade gold. 31 dollars to 332 dollars is also unsustainable.
It sounds like you were trading with a size bigger than .01, which would also be a giant NONO for an account that is small. Unless you have 1000 in your account and are trading 0.01 positions in gold, you will inevitably fail over time. If you are trading with something bigger than 0.01 with that size, account, you lost because, statistically, it's impossible to manage trades that size with that amount of money. This is a losing formula 100% of the time. If you have 300 dollars in your account, you should trade usdchf and usdjpy, and that's it. You will eventually probably die, but that is your only hope. Nobody should really be trading with less than 1k and expect to see any results that will survive over time. Hope this helps you re asses your situation and come back stronger.
TechKnow
  • #31,177
  • Apr 15, 2024 9:15am Apr 15, 2024 9:15am
Quoting Elliottway
What you guys talking. Everything mixed like bigger plate. Not a professional thinking.
If someone could tell me this before it happens, I'd appreciate it
  • #31,178
  • Apr 15, 2024 9:17am Apr 15, 2024 9:17am
Quoting Techknow
{quote} It definitely could spring back up to the area I mentioned before falling. I suppose it could continue up. This is trading, after all. However, there shall be no denial of this extremely bearish weekly candle from any parties; I shall hear none of it. It is not an opinion if the candle is bearish. Is everyone going to go against the very clear sign? If the price moves up, okay, it moves against a clearly bearish candle; it's a small loss, but if it goes down, are you all going to ask yourself why you didn't pull the trigger on the world's...


Dont say you were not warned.
TechKnow
  • #31,179
  • Apr 15, 2024 9:18am Apr 15, 2024 9:18am
Quoting Techknow
{quote} Dont say you were not warned.
They don’t want to listen
  • #31,180
  • Apr 15, 2024 9:20am Apr 15, 2024 9:20am
Today’s closing will be interesting and will provide more confirmation.
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