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  • #58,781
  • Jan 8, 2025 2:00am Jan 8, 2025 2:00am
Hi everyone, im new here and excited to join the gold trading group!

im planning to buy from 2648.82
with a stop-loss at 2645.31
aiming for a 1:2 risk to reward ratio.

looking forward to hearing your thoughts or feedback on this setup!
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  • #58,782
  • Jan 8, 2025 2:01am Jan 8, 2025 2:01am
the current week candle opened 2640.32

i have to just trade the probability that we remain above it so we can move to 2815
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  • #58,783
  • Jan 8, 2025 2:07am Jan 8, 2025 2:07am
Quoting PatienceFx
the current week candle opened 2640.32 i have to just trade the probability that we remain above it so we can move to 2815 {image}
this way i know exactly where to put my stop loss
  • #58,784
  • Jan 8, 2025 2:11am Jan 8, 2025 2:11am
Quoting PatienceFx
{quote} this way i know exactly where to put my stop loss
Aha, now that explains it all. Gr8 thinking.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,785
  • Jan 8, 2025 2:14am Jan 8, 2025 2:14am
Quoting Lloyd628
{quote} Aha, now that explains it all. Gr8 thinking.
Shhh don't praise me
Azen and full margin will get angry
  • #58,786
  • Jan 8, 2025 2:16am Jan 8, 2025 2:16am
Quoting PatienceFx
{quote} Shhh don't praise me Azen and full margin will get angry
There is no anger, it doesn't bother. Your account will burn anyway.
  • #58,787
  • Jan 8, 2025 2:28am Jan 8, 2025 2:28am
Quoting PatienceFx
{quote} Shhh don't praise me Azen and full margin will get angry
No worries, I like them too.
I only ignore blatantly arrogant, egocentric 'Me, Myself & I' bullies (just the 13 so far at this forum).
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,788
  • Jan 8, 2025 2:50am Jan 8, 2025 2:50am
Quoting PatienceFx
the current week candle opened 2640.32 i have to just trade the probability that we remain above it so we can move to 2815 {image}
So we aren't going down anymore?
  • #58,789
  • Jan 8, 2025 2:57am Jan 8, 2025 2:57am
Quoting Commodities
{quote} So we aren't going down anymore?
It seems like we aren't going anywhere before the news
--- only constant in this world is change ---
  • #58,790
  • Jan 8, 2025 3:00am Jan 8, 2025 3:00am
Quoting Commodities
{quote} So we aren't going down anymore?
Most probable support líes at 2641 till the actual pattern is done.
The warrior of good
  • #58,791
  • Jan 8, 2025 3:04am Jan 8, 2025 3:04am
Quoting ElCampeador
2641 is a significant figure to remind
The warrior of good
  • #58,792
  • Jan 8, 2025 3:12am Jan 8, 2025 3:12am
Quoting Deal
{quote} Take 50% on the rest Two positions. Didn't like this 1h candle. Most likely go test 2648.850 Still don't close the rest. ONLY if i see another sell setup.
They already TAP 2649.91 clearing the way to tap 2648.65.
My only question is when they TAP 2657 if is the demand created in 2646 or the demand created in prior 1h candle.
Despiste that still think that TAP 2648.65 is high probability. If don't TAP we will se a big bullish Run.
  • #58,793
  • Jan 8, 2025 3:13am Jan 8, 2025 3:13am
Quoting ElCampeador
{quote} Most probable support líes at 2641 till the actual pattern is done.
This is where central Algo started to manipulate down on dec 18th sending price 60$ below in only 3 hours. I was long at 43 and my winrate was not like now. Algo has been a very good teacher taking market to its limits. Great
The warrior of good
  • #58,794
  • Jan 8, 2025 3:15am Jan 8, 2025 3:15am
The 4-hour candle closed above the 2650 level, which confirms a potential buy signal. I will wait for confirmation with the next candle before entering the trade. The target is set at 2674, and if the price breaks above 2700, further bullish momentum may follow.
SURFER
  • #58,795
  • Jan 8, 2025 3:16am Jan 8, 2025 3:16am
Quoting Deal
{quote} They already TAP 2649.91 clearing the way to tap 2648.65. My only question is when they TAP 2657 if is the demand created in 2646 or the demand created in prior 1h candle. Despiste that still think that TAP 2648.65 is high probability. If don't TAP we will se a big bullish Run.
2657.320 most likely will BE 2657.720. don't ask me why but they go get the spread.
And closing below 2650.025 in 1h TF is a sell setup.
  • #58,796
  • Jan 8, 2025 3:18am Jan 8, 2025 3:18am
Quoting ElCampeador
{quote} This is where central Algo started to manipulate down on dec 18th sending price 60$ below in only 3 hours. I was long at 43 and my winrate was not like now. Algo has been a very good teacher taking market to its limits. Great
So while i am long, price Will move like a snail. If i closed my positions now. The oponent would retreat too and market would flow normal
The warrior of good
  • #58,797
  • Jan 8, 2025 3:23am Jan 8, 2025 3:23am
Quoting ElCampeador
{quote} So while i am long, price Will move like a snail. If i closed my positions now. The oponent would retreat too and market would flow normal
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  • #58,798
  • Jan 8, 2025 3:32am Jan 8, 2025 3:32am
Another fun day, let's see how many will change their strategy today to give them more confidence.
  • #58,799
  • Jan 8, 2025 3:41am Jan 8, 2025 3:41am
Quoting Azen
Another fun day, let's see how many will change their strategy today to give them more confidence.
well thats a good way to insert fear into other people eyy
Trading doesnt get Easier, YOU GET BETTER
  • #58,800
  • Jan 8, 2025 3:41am Jan 8, 2025 3:41am
Quoting Azen
Another fun day, let's see how many will change their strategy today to give them more confidence.
We urgently need an insider, a little whale.
For this, I did my part years ago in my UK-time. I had an interview to work for one of the Rothschilds.
Unfortunately, yet not surprisingly, I didn't get the job offered. D@mn.
In other news: the earth is flat. Aliens built the pyramids. And god exists
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Timothy098