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  • #55,181
  • Dec 9, 2024 5:22am Dec 9, 2024 5:22am
Quoting BiteFX
{quote} Hang on buddy... Rescue team on the way.
think I’m going to need more than a rescue team here, gold isn’t stopping
  • #55,182
  • Dec 9, 2024 5:24am Dec 9, 2024 5:24am
got a sell in 2658 with tight SL - see how this week starts! TP 2650
  • #55,183
  • Dec 9, 2024 5:27am Dec 9, 2024 5:27am
Quoting oliverlee
{quote} think I’m going to need more than a rescue team here, gold isn’t stopping
not again
  • #55,184
  • Dec 9, 2024 5:29am Dec 9, 2024 5:29am
Quoting Durin
{quote} not again
I have such a sell bias lately it’s awful. I even woke up and told myself it’s a bullish look. I’m my own worst enemy, but as always my lot size is small
  • #55,185
  • Dec 9, 2024 5:36am Dec 9, 2024 5:36am
Quoting Tradersview-
{quote} 15pips left for first target {image} Running...
Hit first tp...
300pips done ,next 2676
  • #55,186
  • Dec 9, 2024 5:37am Dec 9, 2024 5:37am
Took some profits here, looking to short it
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #55,187
  • Dec 9, 2024 5:37am Dec 9, 2024 5:37am
Quoting oliverlee
{quote} I have such a sell bias lately it’s awful. I even woke up and told myself it’s a bullish look. I’m my own worst enemy, but as always my lot size is small
I mean I'm yet to really turn a consistent profit! Bias catches us all!
  • #55,188
  • Dec 9, 2024 5:41am Dec 9, 2024 5:41am
Short gold 2657.3
  • #55,189
  • Dec 9, 2024 5:48am Dec 9, 2024 5:48am
I told 2660 was the most likely daily range.
Almost to the pip. To a day trade some profits must BE taken. If not all. Leave ONLY a Runner to swing and scalp low on the opposite direction.
Demand form in H4 possible retest, since daily range hit.
  • #55,190
  • Dec 9, 2024 5:48am Dec 9, 2024 5:48am
Quoting oliverlee
{quote} think I’m going to need more than a rescue team here, gold isn’t stopping
Learn... Work Hard... Trade Alone
  • #55,191
  • Dec 9, 2024 5:59am Dec 9, 2024 5:59am
Quoting BiteFX
{quote}
What does this mean?
  • #55,192
  • Dec 9, 2024 6:08am Dec 9, 2024 6:08am
would not touch gold this week with so many countries on the radar. Syria, Israel, Iran, Ukraine, Russia.. too much noise. best to leave it on its own
  • #55,193
  • Dec 9, 2024 6:24am Dec 9, 2024 6:24am
Quoting Deal
I told 2660 was the most likely daily range. Almost to the pip. To a day trade some profits must BE taken. If not all. Leave ONLY a Runner to swing and scalp low on the opposite direction. Demand form in H4 possible retest, since daily range hit.
out of interest, what made you think 2660 was most likely daily range? I also have this as a number of interest on my chart.

not that I think it’s wrong, I’m just interested to try add this knowledge to my own.

thanks
  • #55,194
  • Dec 9, 2024 6:39am Dec 9, 2024 6:39am
Quoting oliverlee
{quote} out of interest, what made you think 2660 was most likely daily range? I also have this as a number of interest on my chart. not that I think it’s wrong, I’m just interested to try add this knowledge to my own. thanks
As i already Said on other posts, i work my price action patterns on relation of deviation. And i noticed that the prior daily range is usual use to mesure the Next One.
You Will noticed if you pivot that mesure to the high or the low of new day, they stop a lot on 50% and 100%. Iit can BE use quarters too. I Simple mesure starting at the low of new day. Usual do not go behond that. If it GOES the same teory applies
Some days this concept do not apply because the mesure is not from the low or high, but incremements of 50% from the Open. I use those levels to reaction to the price action. Not to sell or buy. Is a confluence.
  • #55,195
  • Dec 9, 2024 6:46am Dec 9, 2024 6:46am
I am holding buy still. Closed partially. But, i think 2673 above..
SURFER
  • #55,196
  • Dec 9, 2024 6:49am Dec 9, 2024 6:49am
2651 for scalp... Will BE tested.
  • #55,197
  • Dec 9, 2024 6:53am Dec 9, 2024 6:53am
Quoting Whale
Short gold 2657.3
Closed the scalp now 2653.7

i will enter again later, it just hang there before NY, i will wait for Fake out or continuation.

i found better setup on other asset.. this another reason
  • #55,198
  • Dec 9, 2024 6:56am Dec 9, 2024 6:56am
Quoting Deal
{quote} As i already Said on other posts, i work my price action patterns on relation of deviation. And i noticed that the prior daily range is usual use to mesure the Next One. You Will noticed if you pivot that mesure to the high or the low of new day, they stop a lot on 50% and 100%. Iit can BE use quarters too. I Simple mesure starting at the low of new day. Usual do not go behond that. If it GOES the same teory applies Some days this concept do not apply because the mesure is not from the low or high, but incremements of 50% from the Open....
Thanks, I see that you use the previous day's range to estimate the next day's movement, focusing on key levels like 50% and 100% from the high or low of the new day. You also look at quarters and 50% increments from the open when the usual method doesn’t work. These levels help you spot price action patterns, not for buying or selling directly, but to find areas where the price might react. It’s a clever approach
SURFER
  • #55,199
  • Dec 9, 2024 7:13am Dec 9, 2024 7:13am
Quoting Natos
{quote} What does this mean? {image}
We intend to hammer the price down...
Learn... Work Hard... Trade Alone
  • #55,200
  • Dec 9, 2024 7:17am Dec 9, 2024 7:17am
SELL TRADE ENTERED, AT 2657, WITH TP 2648, SL 2665
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