Gold

Went quite aggressive today as I’m trying to stay away tomorrow.

Be careful all.

Breakout is soon and it is aligning perfectly for tomorrow .... Everything is hell calculated

@haks

Are u using any indicator for such in n outs ?

Thats a bit falacious because price traded up and then near the end of the month started falling. We're not talking about price price going up putting in a new high and then falling off at the end of the month....because the arguement is a direct relationship between the election and price falling substantially like ala 2016.

Dollar

You probably won’t believe it but the only indicator I use is the RSI and just pure price action. I trade the shorter time frames i.e 5M, 15M, 30M. Please note that I simply use the RSI on for identifying pullbacks in a trend. I have learnt to recognise certain patterns and act on them. You should not be relying on indicators alone to develop this sense.

For scalping, I believe just looking at the charts, decide which type of pattern you want to follow, candle break or support or resistance or consolidations plays etc. For me, I pay very close attention to price action and I try to keep it as simple as possible by avoiding the use of several indicators. I use to combine MACDs, EMAs, SMAs etc at one point but I have learnt to be profitable without using them 99% of the time (even though they are certainly helpful).

And as a scalper, I’m out of most of these positions between 15 to 20 mins max. At times, within a minute or two I’ve closed my trade (providing it’s gone my way of course).

I’m not sure how risky this strategy is to some but for me it certainly works. And I believe it’s probably best for traders that just want to be in and out of the market as quick as possible.

every zone has something to offer

Who will win the election tomorrow in USA
Elephant or donkey

Don't get caught. That triple or quadruple bottom will cave in

i just want it to end and soon, i don't care

What was the geopolitical situation at that time?

idk about other countries, but in 2013 there were new stores to buy gold everywhere, it was insane. Obviously that means little, but across the industry the same would be happening i imagine, supply grew too rapidly and eventually demand couldn't keep up, that and people wanting to cash in did the rest. It shouldn't be different this time, i already see new stores just to buy gold everywhere again.
The US election could mark the turn depending on the outcome.
Either way it's just a question of when.

Is anybody here an order flow trader, using Bookmap preferably?

When will the election results announced ? Tomorrow ? If tomorrow then what time in EST ?

[quote=sadsoul;15050440]/quote]
When will the election results announced ? Tomorrow ? If tomorrow then what time in EST ?
see FAQ
https://www.theguardian.com/us-news/...n-trump-harris

how can you trade like that? i mean the main screen

i used to trade with bookmap on crypto alt coins futures but not on forex and this gold bookmap is of future not the spot gold on which we trade. It is similar to support and resistance levels. Level by level trading.

recession was ending around that time into positive

[quote=Isabella_D;15050473] @isabella

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