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  • #40,541
  • Aug 30, 2024 11:43am Aug 30, 2024 11:43am
2491$ is Daily Support.
I don't like this at all, however. That H4 that was warning that a potentially deeper pullback is coming was right and this probably isn't over.

28.7$ finally hit.
  • #40,542
  • Aug 30, 2024 11:44am Aug 30, 2024 11:44am
Quoting Whale
{quote} not sure what is micro account but i showed you that a live account, 76K. (Not funded), my broker is avatrade. A regulated broker in my country .. green of envy you just jealous baby.. maybe in a few years you will get something like that
Micro account is what is sounds like a small mini account kinda thing, your lot size on it is essentially 1% of a real accounts lot size.

For example if you buy 1 lot in reality you're buying only 0.1

I know this because it was my first live account years ago.

Quoting Silver-King
2491$ is Daily Support.
MIGHT get taken out.
Fate goes ever, as fate must.
  • #40,543
  • Edited 12:32pm Aug 30, 2024 11:45am | Edited 12:32pm
Quoting Whale
{quote} not sure what is micro account but i showed you that a live account, 76K. (Not funded), my broker is avatrade. A regulated broker in my country .. green of envy you just jealous baby.. maybe in a few years you will get something like that
______________ thats what you posted = that I was tradin on a Micro acct - - - Now show ur Live acct. with 76K = not on stinkin mobile !

Then I'll show mine 3x 76K usd , plus what I give to da RedCross
Don’t focus on making $$$, focus on protecting what you have.
  • #40,544
  • Aug 30, 2024 11:47am Aug 30, 2024 11:47am
Quoting determinato
{quote} Micro account is what is sounds like a small mini account kinda thing, your lot size on it is essentially 1% of a real accounts lot size. For example if you buy 1 lot in reality you're buying only 0.1 I know this because it was my first live account years ago.
Tick value = 1 not 0.1
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  • #40,545
  • Aug 30, 2024 11:48am Aug 30, 2024 11:48am
Quoting determinato
{quote} Micro account is what is sounds like a small mini account kinda thing, your lot size on it is essentially 1% of a real accounts lot size. For example if you buy 1 lot in reality you're buying only 0.1 I know this because it was my first live account years ago. {quote} MIGHT get taken out.
Yes. Even if it survives Weekly candles started to look bad. 2450$ and 2415$ are definitely not out of the question next week.
  • #40,546
  • Aug 30, 2024 11:48am Aug 30, 2024 11:48am
Quoting Whale
{quote} Tick value = 1 not 0.1 {image}
Im not questioning your account brother, I only explained what a micro account is since you asked
Fate goes ever, as fate must.
  • #40,547
  • Aug 30, 2024 11:49am Aug 30, 2024 11:49am
Quoting profits7
{quote} ______________ thats what you posted = that I was tradin on a Micro acct - - - Now show ur Live acct. with 76K = not on stinkin mobile ! Then I'll show mine 3x 76K , plus what I give to da RedCrooss
I can only show you my balls, and you can only suck'em.
  • #40,548
  • Aug 30, 2024 11:49am Aug 30, 2024 11:49am
Quoting Silver-King
{quote} Yes. Even if it survives Weekly candles started to look bad. 2450$ and 2415$ are definitely not out of the question next week.
Would be exciting!

As a natural bear, nothing more thrilling than taking a short and seeing a bit fat red candle drop like a rock.
Fate goes ever, as fate must.
  • #40,549
  • Aug 30, 2024 11:50am Aug 30, 2024 11:50am
Quoting determinato
{quote} Im not questioning your account brother, I only explained what a micro account is since you asked
oh sorry, this boy think im in a competition with him, big mental issues.
  • #40,550
  • Aug 30, 2024 11:51am Aug 30, 2024 11:51am
Quoting determinato
{quote} Would be exciting! As a natural bear, nothing more thrilling than taking a short and seeing a bit fat red candle drop like a rock.
Hahaha yeah... and another opportunity to buy Gold and Silver while they're still not in a full gear towards 5000$ and 200$.
Daily closing above 2497$ would be good for Bulls it seems.
  • #40,551
  • Aug 30, 2024 11:58am Aug 30, 2024 11:58am
Alright... dumped all Longs from 29.3$ and 28.9$ and went Long now at 28.7$.

28.7$ is the last line of defense. Below that, we're going all the way back to 26.5$ and in my opinion even lower than that. Around 25$ I think.
27.8$ is come kind of Support, but I don't think it'll matter too much.

If Silver is going to 25$ or below, then the Gold is going way lower as well. Dreams of 2550$ can then be forgotten... for now.

September could be a blood bath.
  • #40,552
  • Aug 30, 2024 11:59am Aug 30, 2024 11:59am
Quoting Whale
{quote} I can only show you my balls, and you can only suck'em.
_____________ u do NOT hav Balls , only REAL men has this MF = u R just a frikkin stinkin LIAR with ur 76K , even with Rupees you can NOT show this !
Don’t focus on making $$$, focus on protecting what you have.
  • #40,553
  • Aug 30, 2024 12:01pm Aug 30, 2024 12:01pm
Quoting pedro319
{quote} I was asked: What if price breaks 2505 strongly?? That is not the case. I entered 2415 then I entered 2411, price went to 2417, I closed 15 and kept 11....same with the other levels. Ppl who follow me already know. My highest order now sits 2505, I am ready to hold until 2490 before I scale out. I said 10% weekly gains is my risk.
Thanks for explanation.
  • #40,554
  • Edited 1:08pm Aug 30, 2024 12:13pm | Edited 1:08pm
___________When you share ur Profits$ with da RedCross , then you Will Always B Rewarded ! FX_Rule #1 , to stay PROFITABLE 4sure

So Now you Know my Secret to stay PROFITABLE
Don’t focus on making $$$, focus on protecting what you have.
  • #40,555
  • Aug 30, 2024 12:17pm Aug 30, 2024 12:17pm
Quoting pedro319
{quote} I was asked: What if price breaks 2505 strongly?? That is not the case. I entered 2415 then I entered 2411, price went to 2417, I closed 15 and kept 11....same with the other levels. Ppl who follow me already know. My highest order now sits 2505, I am ready to hold until 2490 before I scale out. I said 10% weekly gains is my risk.
2497 Now time to do last buy we are at resistance
Scalping
  • #40,556
  • Aug 30, 2024 12:20pm Aug 30, 2024 12:20pm
Quoting guguxpto
{quote} 2497 Now time to do last buy we are at resistance
Did you buy EU?
We watch the charts from every angle so you don't have to!!
  • #40,557
  • Aug 30, 2024 12:39pm Aug 30, 2024 12:39pm
Break 2490 and it will go down next week. A very strong technical confluence, quintuple top, low weekly range. Break 2465 (previous week low) and it will go way way lower.

Back to ~2510 and we get new ath very soon.

Smart thing is to stay out and wait but I'm not smart and have a long after low 2494 1m candle with highest tick volume of standalone U.S. session.
  • #40,558
  • Aug 30, 2024 12:40pm Aug 30, 2024 12:40pm
What happened today? This happened today. Now, as long as the Fed doesn't intervene into the debt market and start buying, the more and more will the yields continue to go up and the more and more pressure will there be on PMs and basically everything else. Now, we're waiting for the Fed to jump back in and when will that happen noone knows of course.
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  • #40,559
  • Aug 30, 2024 12:44pm Aug 30, 2024 12:44pm
Quoting eyefeelsix
{quote} static- trailing stop enabled it's time for counter attack! {image}

| Break Price zone profit taking one


no need to wait to take the money it's not stop-loss level

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https://breakpullback.com
  • #40,560
  • Aug 30, 2024 12:45pm Aug 30, 2024 12:45pm
I believe gold is poised to move higher as the bulls remain active. The $2,497 level is acting as resistance, and there is a bullish flag pattern forming on the weekly time frame.
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