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  • #46,581
  • Oct 11, 2024 11:42am Oct 11, 2024 11:42am
anyways im short, targetting 2620
  • #46,582
  • Oct 11, 2024 11:51am Oct 11, 2024 11:51am
Quoting ElCampeador
{quote} Added 2659
This the worst price action if you are on the wrong side of it , It can easily go to 2680 , do you plan to keep your position open over weekend ? Note that there is Israel and iran tension looming around
  • #46,583
  • Oct 11, 2024 11:52am Oct 11, 2024 11:52am
Quoting shay14
anyways im short, targetting 2620
I’m still targeting 2550 or lower… not had a decent correction with all the wars and interest rate cuts for too long 10% correction due imo
  • #46,584
  • Oct 11, 2024 11:56am Oct 11, 2024 11:56am
Quoting AUsome
{quote} Be sure to share your predictions
Sure
  • #46,585
  • Oct 11, 2024 11:56am Oct 11, 2024 11:56am
Quoting Interesting0
{quote} I’m still targeting 2550 or lower… not had a decent correction with all the wars and interest rate cuts for too long 10% correction due imo
i long gave up on swing trading gold
  • #46,586
  • Edited 12:25pm Oct 11, 2024 11:57am | Edited 12:25pm
Quoting Orand
{quote} DCA is worst strategy for trading gold especially if you have limited fund , it maybe good strategy for currency pair trading but for gold, heart atack is granteed
i use DCA 0.01 lot size. i account size is 3K USD for now. i still think if it's 6~7K USD account it would be good. without any doubt small account cannot handle gold and jpy pair haha. with 6~7K USD asset anyone can make good profit with DCA. coz gold price manipulate-revisit same price again and again. even if someone DCA short from 2500 0.01 lot size and 20 points (2500-2520) keep short and close. he would be still profitable or he could close all his trade at break-even.

today 1% profit is done. i am supper happy the way my latest trading journey is going. lets see if i still can be a profitable trader till the end of the year. i will put more balance to my account if happen...hope!
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  • #46,587
  • Oct 11, 2024 12:01pm Oct 11, 2024 12:01pm
Quoting shay14
{quote} i long gave up on swing trading gold
possible the 2600 play was the bottom for new high rally buy the dip and does look convincing right now
  • #46,588
  • Oct 11, 2024 12:08pm Oct 11, 2024 12:08pm
Will go short if gold breaks 2659 and below.
  • #46,589
  • Oct 11, 2024 12:10pm Oct 11, 2024 12:10pm
Quoting Orand
{quote} Not at all , for you I agree it is possible ,for someone who start fresh yes , but for someone who lose 6700 $ is not possible to work with 300 $ he wants to quickly return t0 7 k , 1 trade goes well , 2nd one same ,somewhere in the way you blow account again becuase you will not have any risk management and only see your target of 7k and want to reach there fast ,
Well said Bro. That was happened to me.. I've lost 1k. To recover it quickly I've lost another 1k. There’s a no short cut Bro. You've to control your emotion and keep patience..
  • #46,590
  • Oct 11, 2024 12:10pm Oct 11, 2024 12:10pm
Quoting Orand
{quote} This the worst price action if you are on the wrong side of it , It can easily go to 2680 , do you plan to keep your position open over weekend ? Note that there is Israel and iran tension looming around
Yes. 2680 IS possible
The warrior of good
  • #46,591
  • Oct 11, 2024 12:19pm Oct 11, 2024 12:19pm
Quoting ElCampeador
{quote} Yes. 2680 IS possible
make it 2780
  • #46,592
  • Oct 11, 2024 12:29pm Oct 11, 2024 12:29pm
Quoting sadsoul
Bitte, brauche Hilfe. Ich leide unter schwerer Depression und einem Trauma ... ich weiß, dass das nicht vielen so geht, aber es war meine Lebensrettung und ich habe sogar einen hohen Kredit aufgenommen, um das Geld zu sparen, aber jetzt bin ich am Ende ... Bitte gebt mir Ratschläge, liebe Ältere und Brüder ... ich beobachte dieses Forum seit 2 Jahren ... aber jetzt habe ich mich zum ersten Mal registriert und gepostet, bitte gebt mir Ratschläge, was ich tun soll. Ich bin ruiniert. Mein Leben ist ruiniert. Bitte macht euch nicht über meine Situation...
...
please close all positions immediately. Withdraw the remaining money.
Wish you all the best
  • #46,593
  • Oct 11, 2024 12:29pm Oct 11, 2024 12:29pm
Quoting michiyo
{quote} 2 lots on a 1400usd account? Broooooo

Been born a hero ... what can I say...
  • #46,594
  • Oct 11, 2024 12:32pm Oct 11, 2024 12:32pm
Quoting Tintin2014
{quote} make it 2780
Not before 2530
The warrior of good
  • #46,595
  • Oct 11, 2024 12:32pm Oct 11, 2024 12:32pm
Quoting sadsoul
Please need help. I am in severe depression and trauma ... i know it's not for many but it was my life saving and i took even lots of loan to safe the amount but i am now destroyed.. Please suggest me seniors and brothers.. i have been watching this forum for last 2 years... but now registered and posted 1st time please suggest me what to do. I am ruined. my life is ruined. please don't bash or make fun of my situation. Just tell me the next step now {image}

Man, I admint that I am retarded, but even me is not that retarded to keep a position open from 2150. Like we will NEVER see that level in our lifetime again. I know that I will take a lot of fire from this, but this is the truth.

Just CLOSE EVERYTHING, your account is not busted yet, you still have 1900 USD in it.
  • #46,596
  • Oct 11, 2024 12:34pm Oct 11, 2024 12:34pm
Then just do NOT trade on that account for like 6 months or so and trade a demo account instead...

Then take an IQ test. If your number is below 110 just do not bother getting back to trading again, you will NEVER make it!!
  • #46,597
  • Oct 11, 2024 12:35pm Oct 11, 2024 12:35pm
Quoting NrSLionHeart
{quote} Been born a hero ... what can I say...

you could join with him! heroes are strong together!
  • #46,598
  • Oct 11, 2024 12:36pm Oct 11, 2024 12:36pm
Cooking time: 3 weeks
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The warrior of good
  • #46,599
  • Oct 11, 2024 12:37pm Oct 11, 2024 12:37pm
Quoting Tintin2014
{quote} you could join with him! heroes are strong together!

True dat!!!

  • #46,600
  • Oct 11, 2024 12:38pm Oct 11, 2024 12:38pm
Quoting ElCampeador
{quote} Yes. 2680 IS possible
yes, once 2670 is cleared, it will go to 2680, i on buying mode. still got buy post at 2672, survived the 700 pips move to the 2605 yesterday tiny2 lots
LUCKY golden trades, LUCKY gold investor trading style
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