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  • #70,761
  • Apr 3, 2025 3:42pm Apr 3, 2025 3:42pm
Quoting Nbafx-
I’ve been saying this , the markets are cooked ! ever since febuary 2025 , the price action hasn’t been smoothe , no proper structure …. It only takes a professional to make money as from febuary until now …. Many traders have lost thier accounts , many traders have gone bankrupt…. But a lot will hide it because of pride or pretense ….. If you don’t have a good strategy or system to trade the market in such times , I suggest you take a break {image}
I'm not sure what do you mean about "no proper structure" , random use of tools and indicators only cause chaos, if a traders don't know the indicator job he should not use it, if a trader don't know measuring rules he should not use it. but to use them randomly then blame the tools and indi's that's just insane.

I bet you 25¢ that traders who lost their accounts were selling Gold even when it's trending up for more than a year(last HL was 2022).

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"the public is not yet ready for it" W.D. GANN
  • #70,762
  • Apr 3, 2025 3:48pm Apr 3, 2025 3:48pm
As a scalper, this happens only once time in a year!
work beauty ()
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #70,763
  • Apr 3, 2025 3:58pm Apr 3, 2025 3:58pm
Quoting Nbafx-
I’ve been saying this , the markets are cooked ! ever since febuary 2025 , the price action hasn’t been smoothe , no proper structure …. It only takes a professional to make money as from febuary until now …. Many traders have lost thier accounts , many traders have gone bankrupt…. But a lot will hide it because of pride or pretense ….. If you don’t have a good strategy or system to trade the market in such times , I suggest you take a break {image}
Gold moved about 2000 Pips Today .
Nothing can save us except Very Hard Rules .
Personally I knew I should Not trade today .! So The problem is not the market .
Even if its the Problem , don't let to become a Big Problem .
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #70,764
  • Apr 3, 2025 4:04pm Apr 3, 2025 4:04pm
Quoting Kwt4x
{quote} I'm not sure what do you mean about "no proper structure" , random use of tools and indicators only cause chaos, if a traders don't know the indicator job he should not use it, if a trader don't know measuring rules he should not use it. but to use them randomly then blame the tools and indi's that's just insane. I bet you 25¢ that traders who lost their accounts were selling Gold even when it's trending up for more than a year(last HL was 2022). {image}

Absolutely! I support your thoughts.. Technical Analysis not loading full of indicator on the chart and trade based on it . I am not using any indicators ( the only indictor which i am using is pitchfork).. The chart which i attached here is based on last year data// Only thing you must knew where and how to use it .. that comes based on your experience and intense research .Many important factor case the PL of your account . Understand your market edge is the key factor to become successful Trade

Note : the High marked as 3165.58 in the chart ( high rev zone )
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  • #70,765
  • Apr 3, 2025 4:14pm Apr 3, 2025 4:14pm
Does anyone know why the price of gold just paused? Market is not moving at all? Like straight up in a state of paralysis.
Price shows movement, Time shows meaning.
  • #70,766
  • Apr 3, 2025 4:22pm Apr 3, 2025 4:22pm
Quoting CoreTM
Does anyone know why the price of gold just paused? Market is not moving at all? Like straight up in a state of paralysis.
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #70,767
  • Apr 3, 2025 4:23pm Apr 3, 2025 4:23pm
Quoting CoreTM
Does anyone know why the price of gold just paused? Market is not moving at all? Like straight up in a state of paralysis.
Market closed ...
  • #70,768
  • Apr 3, 2025 4:31pm Apr 3, 2025 4:31pm
Oh thanks guys, sold when New York stock exchange took out the london high and gave me a break of structure. Guess I'll see the results on sunday.
Price shows movement, Time shows meaning.
  • #70,769
  • Apr 3, 2025 4:33pm Apr 3, 2025 4:33pm
Quoting chartistpro
{quote} Market closed ...
Why? and when is it opening up back senior?
Price shows movement, Time shows meaning.
  • #70,770
  • Apr 3, 2025 4:44pm Apr 3, 2025 4:44pm
Quoting CoreTM
{quote} Why? and when is it opening up back senior?
When Sydney market open .
In about 1 Hour
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #70,771
  • Apr 3, 2025 4:54pm Apr 3, 2025 4:54pm
Quoting mhmdghaeni
{quote} When Sydney market open . In about 1 Hour
Greetings senior. This Junior extends his thanks. Good luck to us both.
ʕ•́ᴥ•̀ʔっ♡
Price shows movement, Time shows meaning.
  • #70,772
  • Apr 3, 2025 5:58pm Apr 3, 2025 5:58pm
Quoting CoreTM
Does anyone know why the price of gold just paused? Market is not moving at all? Like straight up in a state of paralysis.
Trading requires a certain amount of knowledge, which comes from education.

Right click on any Instrument in the MarketWatch, select Specification.

Read and study the particulars of that thing you are trading; YOU are the responsible person!

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It takes a lot for me to IGNORE you, but you can try.
  • #70,773
  • Apr 3, 2025 6:09pm Apr 3, 2025 6:09pm
Quoting Erebus
{quote} Trading requires a certain amount of knowledge, which comes from education. Right click on any Instrument in the MarketWatch, select Specification. Read and study the particulars of that thing you are trading; YOU are the responsible person! {image}
Thanks dude. Gonna check that out.
Price shows movement, Time shows meaning.
  • #70,774
  • Apr 3, 2025 6:16pm Apr 3, 2025 6:16pm
In other news. What is everyone expecting for the Asian-London range? I would really want price to take out those London lows. If I lose though I wouldn't be surprised as I didn't confirm my daily bias. I should have waited for price to break structure on the daily and full body close below the most previous low. The BOS on the 4hour wasn't enough confirmation, it could have just been a retracement for the daily.
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Price shows movement, Time shows meaning.
  • #70,775
  • Apr 3, 2025 6:27pm Apr 3, 2025 6:27pm
Quoting CoreTM
In other news. What is everyone expecting for the Asian-London range? I would really want price to take out those London lows. If I lose though I wouldn't be surprised as I didn't confirm my daily bias. I should have waited for price to break structure on the daily and full body close below the most previous low. The BOS on the 4hour wasn't enough confirmation, it could have just been a retracement for the daily. {image}
You seem to be keen on the analysis, but don't forget, it's Friday, and not just any Friday...

It's NFP

Time to continue your education!

It takes a lot for me to IGNORE you, but you can try.
  • #70,776
  • Apr 3, 2025 6:45pm Apr 3, 2025 6:45pm
Quoting Erebus
{quote} You seem to be keen on the analysis, but don't forget, it's Friday, and not just any Friday... It's NFP Time to continue your education!
Yes Senior, I know tomorrow is NFP. I think I'll exit out of it whether SL or TP gets hit since I don't trade news. I know news widen spreads but that doesn't apply to the MT5 Demo account i'm using so slippage might be crazy. Hopefully the Asian-London range can either hit SL or TP for me. I'm almost a pure technical analysis trader.
Price shows movement, Time shows meaning.
  • #70,777
  • Apr 3, 2025 7:27pm Apr 3, 2025 7:27pm
Quoting MRProfit21
{quote} continue
Correct, some continue, then bounced UP, and finally flat

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It takes a lot for me to IGNORE you, but you can try.
  • #70,778
  • Apr 3, 2025 7:33pm Apr 3, 2025 7:33pm
cannot believe how trump came with his calculations on tariffs by country. he basically takes the exports of country A to US / total exports by US to country A x 100. and they came to an average of tariffs charged by each country. This Govt. is gona fuck the world up!!
Candlesticks dont move markets, Volume does
  • #70,779
  • Apr 3, 2025 7:36pm Apr 3, 2025 7:36pm
Quoting Praetorion
cannot believe how trump came with his calculations on tariffs by country. he basically takes the exports of country A to US / total exports by US to country A x 100. and they came to an average of tariffs charged by each country. This Govt. is gona fuck the world up!!
He knows this is his last term...so let's f...k everything up. He has turned into Devil all of a sudden. God Bless everyone.
  • #70,780
  • Apr 3, 2025 8:07pm Apr 3, 2025 8:07pm
Quoting Goldvsbtc
{quote}"He just realized it's his last term, so he’s like, ‘Screw it, let’s speed-run destruction mode!’ Man went from politician to full-blown final boss in a horror movie. Pray up, folks—God’s customer support is about to get overwhelmed!" .
Oh !!
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