EURUSD & GOLD

on weekly fib it lines up at 123.6% of last week candle

next week i will be in buy mode till 3430

Trading XAUUSD (Gold vs US Dollar) in MT4 can be profitable with the right strategy. Here's a popular approach:
Strategy: Trend Following with RSI and Bollinger Bands
Indicators:

1. Bollinger Bands (20, 2)

1. Relative Strength Index (RSI) (14)

Settings:

1. Timeframe: H1 or H4

1. Risk management: 2% of account balance per trade

Trade Rules:
Buy Signal:

1. Price touches or breaks above the upper Bollinger Band.

1. RSI (14) is below 70.

1. Wait for a candlestick to close above the upper Bollinger Band.

1. Enter long at the open of the next candle.

Sell Signal:

1. Price touches or breaks below the lower Bollinger Band.

1. RSI (14) is above 30.

1. Wait for a candlestick to close below the lower Bollinger Band.

1. Enter short at the open of the next candle.

Stop Loss:

1. Set SL 20-50 pips below/above the entry price.

Take Profit:

1. Set TP at the middle Bollinger Band or use a trailing stop.

Why it works:

1. Bollinger Bands help identify volatility and potential breakouts.

1. RSI confirms overbought/oversold conditions.

Tips:

1. Monitor economic news and events impacting gold prices.

1. Adjust settings based on market conditions.

1. Use proper risk management.

This strategy is just a starting point. Always backtest and refine it to suit your trading style.
Would you like more details on backtesting or refining this strategy?

hello sir,
can you tell me which broker do you use for trading ?

zerodha gold futures contracts

even forex pairs are there on zerodha?

all in futures contracts

@PatienceFx ye jo oscillator aap use kar rahe ho wo konsa hai sir???

@
PatienceFx which is that oscillator you are using sir???

fx sniper ergodic cci & trigger

find and download it on FF itself

day open 3342.51

news indicator
https://www.forexfactory.com/attachm...5?d=1615792803

finally learnt nadaraya

Decisions Regarding Monetary Policy Implementation

The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on July 30, 2025:

1. The Board of Governors of the Federal Reserve System voted unanimously to maintain the interest rate paid on reserve balances at 4.4 percent, effective July 31, 2025.
2. As part of its policy decision, the Federal Open Market Committee voted to direct the Open Market Desk at the Federal Reserve Bank of New York, until instructed otherwise, to execute transactions in the System Open Market Account in accordance with the following domestic policy directive:"Effective July 31, 2025, the Federal Open Market Committee directs the Desk to:
   1. Undertake open market operations as necessary to maintain the federal funds rate in a target range of 4-1/4 to 4‑1/2 percent.
   2. Conduct standing overnight repurchase agreement operations with a minimum bid rate of 4.5 percent and with an aggregate operation limit of $500 billion.
   3. Conduct standing overnight reverse repurchase agreement operations at an offering rate of 4.25 percent and with a per-counterparty limit of $160 billion per day.
   4. Roll over at auction the amount of principal payments from the Federal Reserve's holdings of Treasury securities maturing in each calendar month that exceeds a cap of $5 billion per month. Redeem Treasury coupon securities up to this monthly cap and Treasury bills to the extent that coupon principal payments are less than the monthly cap.
   5. Reinvest the amount of principal payments from the Federal Reserve's holdings of agency debt and agency mortgage‑backed securities (MBS) received in each calendar month that exceeds a cap of $35 billion per month into Treasury securities to roughly match the maturity composition of Treasury securities outstanding.
   6. Allow modest deviations from stated amounts for reinvestments, if needed for operational reasons."

3. In a related action, the Board of Governors of the Federal Reserve System voted unanimously to approve the establishment of the primary credit rate at the existing level of 4.5 percent.

Look at these videos in sequence , A trade was planned executed and collected

next week also i will be planning and taking wonderful trades ONLY on 5 minute chart

3316 is new support for ANY TRADE