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  • #53,241
  • Nov 25, 2024 1:59am Nov 25, 2024 1:59am
Morning all.. that was one hell of a brutal drop overnight. Account still in play (just about) still long although I might cut losses if we drop below 2650. Couldn’t see any data for the drop so I assume it’s more geopolitical than anything else. Let’s see the week goes
Insane in the Brain..
  • #53,242
  • Nov 25, 2024 2:11am Nov 25, 2024 2:11am
Quoting PushnPull
{quote} when your account burned, isn't your money becomes liquidity, and hence you're liquidity provider. Good luck with that thought. From my perspective. None would tell anyone about how they make money, specifically when majority strongly believe in something.
Yes. My money does become the liquidity which effectively makes me the liquidity provider. And there is such a thing a thing a timing the market as this puts me in a better position to be a liquidity grabber.
  • #53,243
  • Nov 25, 2024 2:27am Nov 25, 2024 2:27am
While I'm not a huge user of the Fib, it does seems to be reacting to its levels. Will it go to 38.2 though?
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  • #53,244
  • Nov 25, 2024 2:52am Nov 25, 2024 2:52am
I really try to avoid having much in play during the Asian Monday session, I tend to try to go into the weekend flat.
  • #53,245
  • Nov 25, 2024 2:52am Nov 25, 2024 2:52am
Quoting Whale
{quote} want to here my story? i sold 2711 before market close, after the close i noticed they bought it aggressively in the last minutes. after marker open i closed the trade with loss.. now i open the chart on my phone, i was confuse what is this 2661 means.. where are we? Like a vertigo
I still believe you took the correct decision: you anticipated a big loss and went for the short pain.
IMO, your mindset was top notch.
Unfortunately, this time the market went against your decision.
But next time the same attitude will prevent you from big losses.
And that's what trading - besides making profits - is all about.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #53,246
  • Nov 25, 2024 2:56am Nov 25, 2024 2:56am
Can't someone launch a missile or something? Get this thing moving?
  • #53,247
  • Nov 25, 2024 2:58am Nov 25, 2024 2:58am
Quoting MrFanciful
While I'm not a huge user of the Fib, it does seems to be reacting to its levels. Will it go to 38.2 though? {image}
the way I see it we are at a resistance area of 2670. Can’t seem to catch a break above it. If we do then 2680-2700 is back in play.
Insane in the Brain..
  • #53,248
  • Nov 25, 2024 3:02am Nov 25, 2024 3:02am
I can see us hitting around 2640, but I'm not sure if it will be today given the distance already covered. A move up to around 2680 would be nice before a move down if it continues down.

There needs to be enough movement in either directions for other to feel comfortable jumping in to ride the momentum.
  • #53,249
  • Nov 25, 2024 3:08am Nov 25, 2024 3:08am
Quoting Lloyd628
{quote} I still believe you took the correct decision: you anticipated a big loss and went for the short pain. IMO, your mindset was top notch. Unfortunately, this time the market went against your decision. But next time the same attitude will prevent you from big losses. And that's what trading - besides making profits - is all about.
I Think A Little Bit Differently On This Subject. I Think This Was A Good Lesson For Him. Lesson Was, If You Have Made Your Analysis And You Thought About It For A While And Then Executed It, Then Leave It Alone. The Worst Thing That Could Have Happened For Him Was That He Was Right And The Price Went Higher, Because That Would Give Him More Confidence The Next Time To Interfer In His Trades And Micromanage The Trade Which Is Never A Good Idea (Not Usually, Never).
  • #53,250
  • Nov 25, 2024 3:11am Nov 25, 2024 3:11am
Sell Gold 2677
Sl :2680 (3$!!!)
Tp1 :2672
Tp2 :2667
Tp3 :2662
Tp4 :2657
Tp5 :2652
Tp6 :2647
Success is not final, failure is not fatal... - Winston Churchill
  • #53,251
  • Nov 25, 2024 3:19am Nov 25, 2024 3:19am
Closed my longs. Didn't want to risk a sudden fall at 2675. 25% profit.

That was 2 positions, plus a 3rd that I closed at 2666.5
  • #53,252
  • Nov 25, 2024 3:19am Nov 25, 2024 3:19am
Quoting MrFanciful
Can't someone launch a missile or something? Get this thing moving?
No missiles please
If you think you can or cannot do it you are correct
  • #53,253
  • Nov 25, 2024 3:24am Nov 25, 2024 3:24am
Middle-Range. For now, I'm still a buyer. . Just a personal opinion
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Look right, we'll see the signs
  • #53,254
  • Nov 25, 2024 3:26am Nov 25, 2024 3:26am
Quoting saal
Sell Gold 2677 Sl :2680 (3$!!!) Tp1 :2672 Tp2 :2667 Tp3 :2662 Tp4 :2657 Tp5 :2652 Tp6 :2647
please give tp 99 also, thanks
  • #53,255
  • Nov 25, 2024 3:30am Nov 25, 2024 3:30am
Bad morning for me so far, hopefully this is just a dip and a higher push comes through. I hope. I beg.
  • #53,256
  • Nov 25, 2024 3:31am Nov 25, 2024 3:31am
day range completed, NY may move something
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  • #53,257
  • Nov 25, 2024 3:34am Nov 25, 2024 3:34am
Quoting PatienceFx
day range completed, NY may move something {image}
Its 0934 in London. Why are we dreaming of NY already?
  • #53,258
  • Nov 25, 2024 3:35am Nov 25, 2024 3:35am
Greetings, fellow traders!
As a budding member of this vibrant community, I'm eager to embark on this shared journey of learning and growth. My trading odyssey began at the tender age of fifteen, traversing the dynamic landscapes of stocks, cryptocurrencies, and forex. Now, my passion resides in the lustrous realm of gold, where I dedicate myself to the daily rhythm of trading.
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I believe that knowledge is a precious commodity, best shared and enriched through collaboration. I'm excited to contribute to this forum and learn from the collective wisdom of its members. Let us embark on this shared adventure, exchanging insights and fostering a spirit of camaraderie.
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"Regardless of any differences, I extend my warmest regards to each and every one of you".
gdnpdwtuae
  • #53,259
  • Nov 25, 2024 3:41am Nov 25, 2024 3:41am
Quoting daemondeluxe
{quote} Its 0934 in London. Why are we dreaming of NY already?
For more volume I guess
  • #53,260
  • Nov 25, 2024 3:42am Nov 25, 2024 3:42am
Quoting Whale
{quote} want to here my story? i sold 2711 before market close, after the close i noticed they bought it aggressively in the last minutes. after marker open i closed the trade with loss.. now i open the chart on my phone, i was confuse what is this 2661 means.. where are we? Like a vertigo
It's a question of visions
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The best thing that can happen to you is to find out where you're wrong.
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