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  • #35,881
  • Jul 17, 2024 8:32am Jul 17, 2024 8:32am
Quoting Techknow
{quote} Great news Raven, we get to find out together whenever it breaks. My guess is bullish, but we dont know till it happens. But then we can act accordingly. Keep it simple if you are day trading. No reason to aim for 1836 or 2700. Just aim for 5-10 dollars. If price breaks down I would aim for 2420 and if it breaks up I would just keep a close eye on it because we are in new lands.
Thank you Tech! Appreciate your insight! Overleveraged so I hedge only as needed. Wouldn't like being trapped at the ATH for months! I am also glad we are in it together, in a way
"Who Dares Wins"
  • #35,882
  • Jul 17, 2024 8:37am Jul 17, 2024 8:37am
Quoting vankiepsauff
i'm long at 2473.60 , 20 lots
you missed mentioning the TP. today gold could try to touch 2500 who knows?

maximum retailers are short now. hope gold god will give support to them!
  • #35,883
  • Jul 17, 2024 8:43am Jul 17, 2024 8:43am
Many sell calls yesterday and where is the price .. never go against the trend. Most of the traders here still havent developed the feeling for how investment assets like gold move (its different to currencies) and call the tops or bottoms. It doesnt have any barriers, it goes up until it goes down, sky is the limit, while currencies are locked in a range. If you are not sure, use EMA200 on 5M to determine the intraday trend.
  • #35,884
  • Jul 17, 2024 8:45am Jul 17, 2024 8:45am
Quoting vankiepsauff
i'm long at 2473.60 , 20 lots
Buy or sell?
Trade Safe
  • #35,885
  • Jul 17, 2024 8:52am Jul 17, 2024 8:52am
Quoting mades
Many sell calls yesterday and where is the price .. never go against the trend. Most of the traders here still havent developed the feeling for how investment assets like gold move (its different to currencies) and call the tops or bottoms. It doesnt have any barriers, it goes up until it goes down, sky is the limit, while currencies are locked in a range. If you are not sure, use EMA200 on 5M to determine the intraday trend.
true, and I wonder why is it always "new members" who argue the most and try to be signal service :/
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"the public is not yet ready for it" W.D. GANN
  • #35,886
  • Jul 17, 2024 8:57am Jul 17, 2024 8:57am
Quoting mades
Many sell calls yesterday and where is the price .. never go against the trend. Most of the traders here still havent developed the feeling for how investment assets like gold move (its different to currencies) and call the tops or bottoms. It doesnt have any barriers, it goes up until it goes down, sky is the limit, while currencies are locked in a range. If you are not sure, use EMA200 on 5M to determine the intraday trend.

exactly, the problem is newbies like me when see the price stretch too much and we think there should be some retracement and then boom!
  • #35,887
  • Jul 17, 2024 9:00am Jul 17, 2024 9:00am
Quoting Techknow
{quote} Great news Raven, we get to find out together whenever it breaks. My guess is bullish, but we dont know till it happens. But then we can act accordingly. Keep it simple if you are day trading. No reason to aim for 1836 or 2700. Just aim for 5-10 dollars. If price breaks down I would aim for 2420 and if it breaks up I would just keep a close eye on it because we are in new lands.
thats 5. closed half. now let it run risk free.
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TechKnow
  • #35,888
  • Jul 17, 2024 9:01am Jul 17, 2024 9:01am
Pending short 2487 and 2495
I only follow traders with IQ above 160
  • #35,889
  • Jul 17, 2024 9:01am Jul 17, 2024 9:01am
Quoting Tintin2014
{quote} exactly, the problem is newbies like me when see the price stretch too much and we think there should be some retracement and then boom!
you're a 2014 member, it's illegal to call yourself a newbie, someone call FFPD
"the public is not yet ready for it" W.D. GANN
  • #35,890
  • Jul 17, 2024 9:07am Jul 17, 2024 9:07am
Quoting Kwt4x
{quote} you're a 2014 member, it's illegal to call yourself a newbie, someone call FFPD
man don't remind me of that time. i was a kid that time. i don't even know what is long and short. one of my friend told me to start trade and lost a big amount of money and decided forex is not for me.

i started trading again a couple of months ago. still learning and now active in this forum, trying to learn from others and also trying to fix my greed and emotions, i guess it will come with experiences.
  • #35,891
  • Jul 17, 2024 9:08am Jul 17, 2024 9:08am
If it now goes down then
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  • #35,892
  • Jul 17, 2024 9:13am Jul 17, 2024 9:13am
Quoting Pranjal
If it now goes down then {image}
it's dumping. london, NY market it open. i think 2450 push can be possible. but don't listen to me. just my opinion.
  • #35,893
  • Jul 17, 2024 9:13am Jul 17, 2024 9:13am
What the yrr market shows a major fall!!!!!
  • #35,894
  • Jul 17, 2024 9:16am Jul 17, 2024 9:16am
Quoting Techknow
{quote} thats 5. closed half. now let it run risk free. {image}
Dear lord I closed at the perfect time Got shifted short.
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TechKnow
  • #35,895
  • Jul 17, 2024 9:19am Jul 17, 2024 9:19am
Quoting Pranjal
If it now goes down then {image}
i think its time to quit
why lord
  • #35,896
  • Jul 17, 2024 9:23am Jul 17, 2024 9:23am
Hello, I'm not good at engineering or English, I send what I see, the parallel weekly chart shows that gold has reached its peak, basic multi-time frame trading, don't judge. Hopefully it helps investors to have confidence in themselves, if the end of the week does not exceed 2480.
Thanks
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  • #35,897
  • Jul 17, 2024 9:29am Jul 17, 2024 9:29am
Quoting Techknow
{quote} Dear lord I closed at the perfect time Got shifted short. {image}
same here bro .. I just close my hedge buy when pull back start.. But current price action again confused me. Will it again climb to 2480 ?? or will test 2450 support?? Pls share ur trading view
  • #35,898
  • Jul 17, 2024 9:29am Jul 17, 2024 9:29am
Quoting Tintin2014
{quote} man don't remind me of that time. i was a kid that time. i don't even know what is long and short. one of my friend told me to start trade and lost a big amount of money and decided forex is not for me. i started trading again a couple of months ago. still learning and now active in this forum, trying to learn from others and also trying to fix my greed and emotions, i guess it will come with experiences.
don't even think about it, we all been there and done that in our start, just keep grinding and focus on direction and trade pullbacks.
"the public is not yet ready for it" W.D. GANN
  • #35,899
  • Jul 17, 2024 9:36am Jul 17, 2024 9:36am
Quoting X2x
{quote} same here bro .. I just close my hedge buy when pull back start.. But current price action again confused me. Will it again climb to 2480 ?? or will test 2450 support?? Pls share ur trading view
There is no view that will satisfy you at this point. Im playing pure price action right now. When price gets to tops or bottoms or times of change it becomes extremely volatile. Plus we are in new high territory, price can really be wild. Your safest bet is tight stops. Buuuuuuut if you are already stuck in something thats different. I have a hard time longing into this candle after that move. I think ill watch to see how this next hourly candle ends up, then ill be back around with more thoughts.
TechKnow
  • #35,900
  • Jul 17, 2024 9:43am Jul 17, 2024 9:43am
Quoting X2x
{quote} same here bro .. I just close my hedge buy when pull back start.. But current price action again confused me. Will it again climb to 2480 ?? or will test 2450 support?? Pls share ur trading view
I have a short from 2440, will add more at 2500 to 2550 range, hedged short until 2480 closed in time. Every dump fills in a moment, at this rate we will surely see 2500 to 2550 this week but above 2470 won't be right choice to buy. I will set my buy between 2440 to 2450. Buying above 2465 would be great risk.
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