Attachments: Gold

Gold

#80,561
Jun 25, 2025 10:43am Jun 25, 2025 10:43am

RoelsMajor
Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts

Quoting cubidut

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{quote} I am also planning to open short again, but still waiting for confirmation. You have double entry at 3322 and 3324, could you share what makes you so sure about your entries bro?

Ignored

The fractal that has formed is often a sign that leans more toward a short, though I could be wrong. The EMA (moving average) also appears to have a more concave curvature. There are plenty of trade examples in my previous posts.

Example:
https://www.forexfactory.com/thread/...6#post15260796
https://www.forexfactory.com/thread/...7#post15241027

fooled by randomness in art

Meditation All Time Return: 8.9%

#80,562
Jun 25, 2025 10:45am Jun 25, 2025 10:45am

hesron
Joined Dec 2012 | Status: Trader | 4,709 Posts

come on all big traders to buy gold, buy every price down .... uptrend has valid with confirmation ......... price will up until target achieved
stoplose now can be adjust at 3319.99

The Average Discount Everything

#80,563
Jun 25, 2025 10:47am Jun 25, 2025 10:47am

bucko23
| Joined Jun 2023 | Status: Trader | 113 Posts

Quoting bucko23

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{quote} Not a bad call .. today's low got to 3295 and some change ... here is a coin toss to me .. but it will likely test two levels during Asia either last weeks low (3340 ish) or close (3368) before heading down more.

Ignored

Not a bad call ... but now this is tricky ... looks like this daily might be inside so bullish tomorrow ... but if a move were to happen in US session could be to 3348 ish area.

#80,564
Jun 25, 2025 10:51am Jun 25, 2025 10:51am

cubidut
| Joined Jun 2017 | Status: Trader | 329 Posts | Online Now

Quoting RoelsMajor

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{quote} The fractal that has formed is often a sign that leans more toward a short, though I could be wrong. The EMA (moving average) also appears to have a more concave curvature. There are plenty of trade examples in my previous posts. Example: https://www.forexfactory.com/thread/...6#post15260796 https://www.forexfactory.com/thread/...7#post15241027

Ignored

nice

well I have a short now at 3323, already in drawdown mode haha... let's hope for the good result

bulls make money, bears make money, pigs get slaughtered

#80,565
Jun 25, 2025 10:58am Jun 25, 2025 10:58am

saal
Joined Jul 2023 | Status: Trader | 589 Posts

Attached Image (click to enlarge)

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gold sell 3327
sl 3332
tp1 3317
tp2 3310
tp3 3303
tp4 3296
tp5 3290

Success is not final, failure is not fatal... - Winston Churchill

#80,566
Jun 25, 2025 11:10am Jun 25, 2025 11:10am

RoelsMajor
Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts

Quoting cubidut

Disliked

{quote} nice well I have a short now at 3323, already in drawdown mode haha... let's hope for the good result

Ignored

Yes, drawdown per trade is normal. If the trade size is small, like 1–2%, one trade is no problem. But if the trade size is large, it gets stressful. I scale my risk (SL) to 1% at 187 pips. I’m not comfortable with a stop loss smaller than 100 pips for Gold. So I take it more into account as a percentage rather than RR.

fooled by randomness in art

Meditation All Time Return: 8.9%