Dislikedwe might get another huge run down in asian session like lastnight..hmmIgnored
Easy Does it.
2
- #87,882
- Aug 11, 2025 1:36pm Aug 11, 2025 1:36pm
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
SURFER
- #87,885
- Aug 11, 2025 1:53pm Aug 11, 2025 1:53pm
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
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- #87,886
- Aug 11, 2025 2:04pm Aug 11, 2025 2:04pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote} 3353 done.....
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #87,887
- Aug 11, 2025 2:15pm Aug 11, 2025 2:15pm
{quote} closed with 130. 3340 being stubborn.
130 pips booked atleast.Maybe further sell offs tomorrow, CPI anticipated to come in at the highest in 6 months at 0.3% Do I personally believe it will really come in that high? no..so maybe sell off tomorrow until news, then close positions and be ready for a surprise..ahaha
{quote} guys a question that i got in mind just now is....... if dxy got sold and dollar got weekend why gold dipped shouldn't the dollargold
happen??
Behold
- #87,889
- Aug 11, 2025 2:46pm Aug 11, 2025 2:46pm
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
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{quote} Sounds good but if it reached 3380 in Sydney or Tokyo I'm selling... {quote} You are right.. That correlation exists as it is XAUUSD. But the thing to note here is that correlation doesn't always stand like if DXY 100 pip down gold should be up 100 pip, No. Its not only USD that is effecting gold prices. You will see there be hours and days when DXY tanks and Gold tanks as well. And gold go up with DXY, and also 1 is side ways other is up or down.....Okay, that's complex
- #87,892
- Aug 11, 2025 3:04pm Aug 11, 2025 3:04pm
- Joined Aug 2010 | Status: Trader | 5,354 Posts
{quote} 3339 first signal test for more correction towards 3275 done and as not tested 3/4 top having so near though , let's see how develop! At least got a kick bull for now , in a bull set up still c truncated and d down as may doing as normal pa , very strong to only strong may convert to even standard below 3121 possible! {image}
dolce vita
- #87,894
- Aug 11, 2025 3:27pm Aug 11, 2025 3:27pm
- Joined Aug 2010 | Status: Trader | 5,354 Posts
{quote} Well said. People think risk is your R:R rate which is not. I would rather take a 1:1 trade with high possibility than a 1:3 trade with low possibility of success
but about your criteria of “high possibility” & pips behind 1:1 numbers
just briefly
may i
thank you
dolce vita
- #87,895
- Edited 3:57pm Aug 11, 2025 3:40pm | Edited 3:57pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote} if down to continue.., i got 3290th to come as maximum for now
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #87,896
- Aug 11, 2025 3:42pm Aug 11, 2025 3:42pm
- Joined Aug 2010 | Status: Trader | 5,354 Posts
{quote} here by "now" you mean this week? or this sell trend?
good question
ok.., imo, 3290th can be in play during this week(!?).., 3323th (!!!) needs to be break in this case
my thoughts.., gold has been stuck for few days (?) to 3396th / MR1.., so now i can expect 3330-40th, 3320-30 as working possible range.., and if so.., 3323th will tell
dolce vita
- #87,897
- Aug 11, 2025 4:01pm Aug 11, 2025 4:01pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote}
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #87,898
- Aug 11, 2025 4:20pm Aug 11, 2025 4:20pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
{quote} with all my respect of course.., but about your criteria of “high possibility” & pips behind 1:1 numbers just briefly may i thank you
I'm a news trader, i trade high impact news. For me a high possibility trade is a high impact news that i can make sense of. (For ex. NFP, CPi, GDP etc.)
When i have doubts on a trade, i don't take it. I only open positions when i am 100% sure & 100% confident. No matter the R:R. If i can't make sense of a news, then it's a bad trade. Again, no matter the R:R
So if you are trading technicals, i can express it like this:
You have a perfect technical setup with 1:1 and you are certain and very confident that it will work out.
On the other side you have a 1:3 setup but not a perfect setup, choppy or messy technicals. Not your ideal setup but r:r is great.
Which one would u prefer? I would prefer the perfect one with low r:r
As for pips, i get what the market gives. Trailing stops are a blessing
And i use not rigid but changing SL depending on how big is the move & how big is the news. But if i had to give a number of pips, i would say 40-50 pips.
You have to have an IQ higher than 90 to interact with this user.
- #87,899
- Aug 11, 2025 4:25pm Aug 11, 2025 4:25pm
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
After the carnage is over, or is it?
It takes a lot for me to IGNORE you, but you can try.
- #87,900
- Aug 11, 2025 4:54pm Aug 11, 2025 4:54pm
- Joined Aug 2010 | Status: Trader | 5,354 Posts
{quote} May get 3323 from fibs and may not hold before 3305 ! Or your 3290 ok {image}
ok
here it is
my expectation for possible down move:
H1, Wolfe Wave Pattern, TLs.. Fib secondary
daily, in addition with Andrews'Pitchforks and possible target/ellipse.., and at the left. imo, pattern that rules(!!!)/big ellipse
and if up.., 3370th to break first.., then till 3450th at least
H1
sorry for "foo much"
dolce vita