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  • #36,261
  • Jul 24, 2024 11:11am Jul 24, 2024 11:11am
Quoting Bflyfx
opening sell orders from 2427, will add more 2430 and 2440. sl 2460
Rendez vous with 2400 before bounce
I only follow traders with IQ above 160
Challenge Tour All Time Return: -68.3%
  • #36,262
  • Jul 24, 2024 12:10pm Jul 24, 2024 12:10pm
This was me broadcasting live my trades yesterday ...

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  • #36,263
  • Jul 24, 2024 12:13pm Jul 24, 2024 12:13pm
Bulls better hold 2416
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  • #36,264
  • Jul 24, 2024 12:42pm Jul 24, 2024 12:42pm
Quoting eyefeelsix
{quote} atm +350p running into the air {image}

Because the price it's not always move in one direction

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https://breakpullback.com
  • #36,265
  • Jul 24, 2024 12:44pm Jul 24, 2024 12:44pm
Quoting eyefeelsix
{quote} Because the price it's not always move in one direction {image}
beautiful chart
  • #36,266
  • Jul 24, 2024 12:45pm Jul 24, 2024 12:45pm
Quoting xDREx
{quote} beautiful chart
thanks darling
https://breakpullback.com
  • #36,267
  • Jul 24, 2024 12:54pm Jul 24, 2024 12:54pm
Stay short to the close they are manipulating it down.
  • #36,268
  • Jul 24, 2024 1:05pm Jul 24, 2024 1:05pm
Quoting Ogscrilla
{quote} First sell limit at '431 activated Last and massive sell at'447 for me Still buying tho Good trades y'all
Sharp rejection at '431
If the bears are in already
I want to see '330s print
  • #36,269
  • Jul 24, 2024 1:40pm Jul 24, 2024 1:40pm
Just placed a buy for a short term profit.
Drawdown is more important than Account Size !
  • #36,270
  • Jul 24, 2024 1:56pm Jul 24, 2024 1:56pm
It seems nobody wants to buy Gold anymore, countries going broke, individuals going broke. Everybody is selling as fast as possible after buying.

Therefore, I practiced on a new demo account and traded EUR/JPY and CAD/CHF.

CAD/CHF spreads are so big that as soon as one places the trade you are in a negative equity - It means a very poor liquidity asset - Wide spreads to buy or sell.

EUR/JPY good spreads and high liquidity assets.

XAU/USD very high liquidity and always the top commodity to go to safeguard one's assets. A confident trader may always trade this asset - with one's clear analysis surely you can make pips. Don't over analyse and to turn your work into a paralysis.
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  • #36,271
  • Jul 24, 2024 2:02pm Jul 24, 2024 2:02pm
Thanks, xDREx for the info, I will look into an ECN broker...
  • #36,272
  • Jul 24, 2024 2:09pm Jul 24, 2024 2:09pm
Quoting Southeast
Stay short to the close they are manipulating it down.
interesting … can you please elaborate on this? (Provide more info)… also what do you expect to happen after the close?
  • #36,273
  • Jul 24, 2024 2:50pm Jul 24, 2024 2:50pm
The way gold switches between absolute shite days with tight range and long wicks on almost every time frame and massive intraday up-down moves is like no other instrument.
  • #36,274
  • Jul 24, 2024 2:58pm Jul 24, 2024 2:58pm
Just a few more hours left for the New York session to close - still selling pressure on Gold.

Let's see what Sydney and Tokyo sessions open bring next - whether it retraces then continues the bearish run or completely reverses the trend in the Asian session.
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  • #36,275
  • Jul 24, 2024 2:59pm Jul 24, 2024 2:59pm
Quoting eyefeelsix
{quote} Because the price it's not always move in one direction {image}
Im buying 2400 one more time, becouse protecting SL got hit, taken at high partials, thats why is so important, hope for 2450, lets go
People don't plan to lose. They lose because they don't plan.
  • #36,276
  • Edited 4:01pm Jul 24, 2024 3:19pm | Edited 4:01pm
Quoting Dforexgold
{quote} interesting … can you please elaborate on this? (Provide more info)… also what do you expect to happen after the close?
0000
  • #36,277
  • Jul 24, 2024 3:20pm Jul 24, 2024 3:20pm
Quoting ScalaFX
{quote} Im buying 2400 one more time, becouse protecting SL got hit, taken at high partials, thats why is so important, hope for 2450, lets go
May you have good luck this time. Still wait for the Sydney and Tokyo session to open and wait for few hours then to see actual price action for Gold.

On the Daily chart check where the : Supply & Demand are as Sydney, Tokyo are very slow with orders and liquidity
Fibonacci Level
Buyer & Seller strength
Bullish Retracement but a fake out and to push the price down again
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  • #36,278
  • Jul 24, 2024 6:19pm Jul 24, 2024 6:19pm
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  • #36,279
  • Jul 24, 2024 6:21pm Jul 24, 2024 6:21pm
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  • #36,280
  • Jul 24, 2024 6:22pm Jul 24, 2024 6:22pm
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Timothy098