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  • #35,081
  • Jun 27, 2024 1:39pm Jun 27, 2024 1:39pm
Quoting Whale
{quote} important 4h for bears.. {image}
I think Chances are there for 2364.. 2375 by 6th July before final drop..
I'm not always right.. I'm not always wrong neither
  • #35,082
  • Jun 27, 2024 2:01pm Jun 27, 2024 2:01pm
I think now or never
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ma ma make me happy
  • #35,083
  • Jun 27, 2024 2:03pm Jun 27, 2024 2:03pm
Quoting hanzohas
I think now or never {image}
It's all about Timing!!!
  • #35,084
  • Jun 27, 2024 2:25pm Jun 27, 2024 2:25pm
Quoting krishn
{quote} The market sessions indicators are all here: https://www.forexfactory.com/thread/...r-tools?page=4. I am not sure of the mql file though, as not my creation.Good luck to you.
Thank you @krishn i found it and applied it too
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It will help me a lot
  • #35,085
  • Jun 27, 2024 2:33pm Jun 27, 2024 2:33pm
Quoting NolanFelix
{quote} Thank you @krishn i found it and applied it too{image} It will help me a lot
A nice and clutter-free chart that will greatly help with your analysis. One thing to note about the sessions indicator is to ensure that the market start time is in sync with your broker time. So if your broker is 2 hours ahead then for example London session starts at 08:00 AM but in the indicator you would put London opens at 10:00 AM, that is 2 hours ahead as your broker would be.

So check your broker time: it's very important.
  • #35,086
  • Jun 27, 2024 4:22pm Jun 27, 2024 4:22pm
New York Market closed. Now three hours before Asia Market opens.

Where will XAU USD now go? Asia session is generally low liquidity market, occasionally it makes a good price movement but seldom.
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  • #35,087
  • Jun 27, 2024 5:18pm Jun 27, 2024 5:18pm
Quoting krishn
New York Market closed. Now three hours before Asia Market opens. Where will XAU USD now go? Asia session is generally low liquidity market, occasionally it makes a good price movement but seldom. {image}
Asia open same hour NY closes. Currencies first......Gold and shares one hour later. gold is trading now, has been for 20 minutes. Some brokers dont show it....they use the time for their own purposes....
Its all just one persons opinion
  • #35,088
  • Jun 27, 2024 5:29pm Jun 27, 2024 5:29pm
Quoting NextElliott
{quote} I think Chances are there for 2364.. 2375 by 6th July before final drop..
Gold is seasonally down in june, Averaging .3% over last 20 years, but also lows running into early July.
Right now sitting at just under $2327.46 which is the monthly open price for June.
Early July is seasonall peak low....
Its all just one persons opinion
  • #35,089
  • Jun 27, 2024 5:54pm Jun 27, 2024 5:54pm
A Buy Stop and a Sell Stop: One Cancel the Other Order on demo Asia Session new day with London and New York to follow. Let's see what happen.
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  • #35,090
  • Edited 7:22pm Jun 27, 2024 7:09pm | Edited 7:22pm
Quoting krishn
New York Market closed. Now three hours before Asia Market opens. Where will XAU USD now go? Asia session is generally low liquidity market, occasionally it makes a good price movement but seldom. {image}
_______________ will go Here = IMHO that is = - - - TP1 @2339.62
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Don’t focus on making $$$, focus on protecting what you have.
  • #35,091
  • Edited 11:28pm Jun 27, 2024 11:14pm | Edited 11:28pm
Quoting NextElliott
{quote} I think Chances are there for 2364.. 2375 by 6th July before final drop..
could be brother. No argue on that.

bulls always show us their power.

but again. 4h is downtrend and an OB on 2288-2298 stand like a rock.

if I investigate weekly, in case bears planning a major drop, better it start today, and better the OB will take out and weekly close by margin below it.. lets say 2270?

this is not a trade recommendation.

P.S, they must harry up with the drop,.. summer is here and war is around the corner in the Middle East and maybe far east
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  • #35,092
  • Jun 27, 2024 11:34pm Jun 27, 2024 11:34pm
Quoting krishn
{quote} One must not see how much money one's make or lose when trading. The focus must be consistency in one's trading. And quoting Bruce Lee again, “It is like a finger pointing away to the moon. Don't concentrate on the finger, or you will miss all that heavenly glory.” The heavenly glory can be likened to your analysis, trade set up and consistently gaining and adding positive pips to your account as the result. Although still important, the finger is the money. Ultimately this is our innermost and absolute goal and to succeed greatly in this...
Nice,
and you are right,
i do that in Python and Specially R
i keep track,
and always go back to my memory palace to remember my mistakes,
that is how i keep my self in check.
and i love that Quote it was 2009 3 Idiots movie i watched and i never forgot,
i read another one somewhere,
dont chase the money chase your passion and money will follow
this one i Love actually,
i always chased my passion i am still online 16-17 hours a day,
because i love what i do, if you love what you do then you will never get tired you will be eager to learn more and more,
anyways i dont just trade gold i trade 17 currency pairs including, USDMXN USDZAR USDNOK USDSEK,

no offense please but trust me you cannot learn from demo accounts,
i worked for Investment company for 5 years,
i learned from them,
because its not real money,
traders tend to make moeny almost 70% make money in Demo account,
reason?
no Emotions,
No fear of loosing money,
you keep positions open for long time and make big profits,
but if you just put even 100$ you will see the difference,
emotions always come into play,
and that is what you need to learn,
everyone here has tried demo and maybe got good results,
but with real money it will be very different,
to be honest its all phycological,
if you want to buy or sell any currency trust me charts are like that, you will find a reason,
internet is full of it also bloody,
some analyst says it will go down some will say it will go up,
market is designed that way to confuse the traders,
so big boys can make money,
if after 13 years you are still trading in demo
i wonder when you will stat live and,
few months is enough to learn the technical its easy,
problem is understanding fundamentals and navigate through a ton of analysis thrown at us,
market is always confusing it will be it has been that way since the beginning,
at least since i started.
anyways Good luck dear.
Don't compare your Trades with Others
  • #35,093
  • Jun 27, 2024 11:50pm Jun 27, 2024 11:50pm
Quoting DubaiFX
{quote} Nice, and you are right, i do that in Python and Specially R i keep track, and always go back to my memory palace to remember my mistakes, that is how i keep my self in check. and i love that Quote it was 2009 3 Idiots movie i watched and i never forgot, i read another one somewhere, dont chase the money chase your passion and money will follow this one i Love actually, i always chased my passion i am still online 16-17 hours a day, because i love what i do, if you love what you do then you will never get tired you will be eager to learn...
I agree with you.
1.Demo account and real account have lot of difference.
2. Most of the time analysis go opposite the market. Only 20% go in right direction.
Thank you.
  • #35,094
  • Jun 28, 2024 12:11am Jun 28, 2024 12:11am
Quoting MAchoudhry
{quote} I agree with you. 1.Demo account and real account have lot of difference. 2. Most of the time analysis go opposite the market. Only 20% go in right direction. Thank you.
Hi MAchoudhry,

Thank you, I have replied to your message.

I totally agree with the notion to trade a demo account as really no emotion is attached.

Price movements do go opposite to one's set up and analysis and can be called a whipsaw; that is, the tail of the candle triggers your pending order and then suddenly moves in the opposing direction after completely taking you out. And this is why risk management is very important and placing your stop loss order.

Wishing you all the best of luck to the community and may we all become excellent with a passion to solve the mystery of trading.
  • #35,095
  • Jun 28, 2024 12:44am Jun 28, 2024 12:44am
Enter my first sell at 2325

Need a quick move down before bulls closing this hour.
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  • #35,096
  • Jun 28, 2024 12:47am Jun 28, 2024 12:47am
Bullish today?
  • #35,097
  • Jun 28, 2024 1:32am Jun 28, 2024 1:32am
Back at monthly open....down from here or the low has been set.
Its all just one persons opinion
  • #35,098
  • Jun 28, 2024 1:52am Jun 28, 2024 1:52am
Quoting NextElliott
{quote} I think Chances are there for 2364.. 2375 by 6th July before final drop..
Dear NE. Could you please guide what does meant blue and red zone.
If I am not wrong blue for long and red for sell.. Just an idea. Trader would take possible position accordingly.
  • #35,099
  • Jun 28, 2024 2:01am Jun 28, 2024 2:01am
Quoting krishn
{quote} One must not see how much money one's make or lose when trading. The focus must be consistency in one's trading. And quoting Bruce Lee again, “It is like a finger pointing away to the moon. Don't concentrate on the finger, or you will miss all that heavenly glory.” The heavenly glory can be likened to your analysis, trade set up and consistently gaining and adding positive pips to your account as the result. Although still important, the finger is the money. Ultimately this is our innermost and absolute goal and to succeed greatly in this...
we are little bit different then you,
not trading with higher lots but making good enough profit in GOLD,
as i said i trade many many other pairs
see the results.
i dont like leverage,
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Don't compare your Trades with Others
  • #35,100
  • Jun 28, 2024 2:02am Jun 28, 2024 2:02am
hi ,nice thread here,

IMHO if break the yesterday high

Gold will go to R1 at 2340 ish and after that will see
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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