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  • #92,401
  • Sep 16, 2025 2:14am Sep 16, 2025 2:14am
Quoting fxcontest
{quote} Closed with tiny pips
the habit of great traders .. switch directions
Candlesticks dont move markets, Volume does
  • #92,402
  • Sep 16, 2025 2:14am Sep 16, 2025 2:14am
10 sma is good support on any time frame
  • #92,403
  • Sep 16, 2025 2:16am Sep 16, 2025 2:16am
Quoting Praetorion
Remember.. when it falls .. 3595 is your target .. well for now .. {image}
how come by mirroring the up move to the downside, then apply swing movement proportion to target that level.??

Bacause was reading some articles, which suggest FOMC may be also used as a profit taking event for those who buy from 3300
No more engagement as from today.
  • #92,404
  • Sep 16, 2025 2:39am Sep 16, 2025 2:39am
Quoting thebigshot
{quote} how come by mirroring the up move to the downside, then apply swing movement proportion to target that level.?? Bacause was reading some articles, which suggest FOMC may be also used as a profit taking event for those who buy from 3300
When you are buying, someone else is selling and vice versa. That is what creates a market. Now, in price discovery mode, the question is..
- who is actually selling at the top?
- Who is offering contracts at 3685, 3689, and now 3694?

Lets step away from the charts for a moment. Imagine you are a short term investor. Regardless of what you believe about the collapsing dollar or weakening economy etc.. your purchasing power is being affected. To hedge against currency volatility, you decide to buy a gold contract at 3300. Fast forward, price is now trading at 3691 and that is a $391 gain. At this stage, the market is in a price discovery zone.

So what would you do? Hold on and assume gold will go up forever? Or lock in your profits and sell? Realistically, most investors would sell and once you do, there will be others who will follow. That is the natural cycle of the market. that chart shows that .. when gold will retract, high probability, we will hit those levels. thats why you see some articles, which suggest FOMC may be also used as a profit taking event
Candlesticks dont move markets, Volume does
  • #92,405
  • Sep 16, 2025 2:47am Sep 16, 2025 2:47am
but why is T alway beaten ? Mar ke T
  • #92,406
  • Sep 16, 2025 2:49am Sep 16, 2025 2:49am
Quoting Praetorion
{quote} When you are buying, someone else is selling and vice versa. That is what creates a market. Now, in price discovery mode, the question is.. - who is actually selling at the top? - Who is offering contracts at 3685, 3689, and now 3694? Lets step away from the charts for a moment. Imagine you are a short term investor. Regardless of what you believe about the collapsing dollar or weakening economy etc.. your purchasing power is being affected. To hedge against currency volatility, you decide to buy a gold contract at 3300. Fast forward, price...
Good stuff
No more engagement as from today.
  • #92,407
  • Sep 16, 2025 2:54am Sep 16, 2025 2:54am
Quoting thebigshot
{quote} Good stuff
In trading, attachment is costly and the market does not reward emotions, only decisions. Being married to a trade blinds you to changing conditions and mounting risks. A setup is valid only until the evidence shifts, then discipline must take over. Protect capital first, because loyalty belongs to your strategy, not a single position.
Candlesticks dont move markets, Volume does
  • #92,408
  • Sep 16, 2025 2:55am Sep 16, 2025 2:55am
Quoting Praetorion
{quote} When you are buying, someone else is selling and vice versa. That is what creates a market. Now, in price discovery mode, the question is.. - who is actually selling at the top? - Who is offering contracts at 3685, 3689, and now 3694? Lets step away from the charts for a moment. Imagine you are a short term investor. Regardless of what you believe about the collapsing dollar or weakening economy etc.. your purchasing power is being affected. To hedge against currency volatility, you decide to buy a gold contract at 3300. Fast forward, price...
But sometimes the speed and the sheer number at which everyone want to get out of their longs, creates a pressure comparable to new sellers are entering the market. Even appear on volume, except Open interest keeps falling, which shows no new orders are joining the party
No more engagement as from today.
  • #92,409
  • Sep 16, 2025 2:55am Sep 16, 2025 2:55am
Quoting PatienceFx
but why is T alway beaten ? Mar ke T
ill humor you with it .. T is an intersection you either go right or left.
Candlesticks dont move markets, Volume does
  • #92,410
  • Sep 16, 2025 3:03am Sep 16, 2025 3:03am
Quoting Praetorion
{quote} In trading, attachment is costly and the market does not reward emotions, only decisions. Being married to a trade blinds you to changing conditions and mounting risks. A setup is valid only until the evidence shifts, then discipline must take over. Protect capital first, because loyalty belongs to your strategy, not a single position.
Each trade set up must come with an invalidation level That make us confidence enough to switch position as well as to be in a high probability and high reward/risk trade.

Because not every trade setup yield the best reward, for some trade setups the opportunity costs is higher than the reward
No more engagement as from today.
  • #92,411
  • Sep 16, 2025 3:15am Sep 16, 2025 3:15am
Looks like gold is running a race to use the toilet
  • #92,412
  • Sep 16, 2025 3:18am Sep 16, 2025 3:18am
London kicking in, 3704 and out for me
  • #92,413
  • Sep 16, 2025 3:20am Sep 16, 2025 3:20am
Lucky for those who buy.
I will stick with my plan, for me buying now will turn in loss if hold the trade to long.
Also didn't like Asia and begining of london, but everything aligns 3706 to be taped.
Still waiting for Ny or if this time window in London cook the mitigation i am expecting.

At the moment is cooking 3706 lol
  • #92,414
  • Sep 16, 2025 3:20am Sep 16, 2025 3:20am
Executed long @3688 targeting 3703
  • #92,415
  • Sep 16, 2025 3:23am Sep 16, 2025 3:23am
i have a question

who gained from trump tariff ?
  • #92,416
  • Sep 16, 2025 3:25am Sep 16, 2025 3:25am
Still holding my buy at today asia low, expectation to reach 3700 in the day. Possible reject from this level so i take partial profit for 150 pips
Will is the most powerful weapon in the world.
  • #92,417
  • Sep 16, 2025 3:27am Sep 16, 2025 3:27am
Quoting oliverlee
{quote} I’ve got that 64/65 zone set for a pending buy too, I looked back on the chart and checked your comment about it being a magnet the day after a push up and you’re correct. Also aligns with closure of the FVG on hr4, now sit and wait
Don't invalidate other setups, but is a zone to have our eyes on.
If not today, next day or so and will be sharp the run there.
  • #92,418
  • Sep 16, 2025 3:31am Sep 16, 2025 3:31am
responding to a question from info4saeed

on chart i have 10 sma & 50 sma for fine tuning
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  • #92,419
  • Sep 16, 2025 3:35am Sep 16, 2025 3:35am
Quoting PatienceFx
responding to a question from info4saeed on chart i have 10 sma & 50 sma for fine tuning {image} {image}
if you can code angle of sma you will be able to judge trend strength
  • #92,420
  • Sep 16, 2025 3:38am Sep 16, 2025 3:38am
Quoting thebigshot
{quote} But sometimes the speed at which everyone want to get out of their longs, creates a pressure comparable to new sellers are entering the market. Even appear on volume, except Open interest keeps falling, which shows no new orders are joining the party
That kind of speed is whats called an exhaustion, or a climatic candle and in gold it often occurs around the London AM Fix or PM Fix. Take the example from last Tuesday at 17:00 (+3 GMT), right around the London PM Fix, volume spiked with 47k contracts exchanged. Buyers dominated the candle, but there was no follow through of continuation. Instead, price dumped. That candle whipped 386 pips higher, only to collapse again leaving many convinced the market was now headed lower but did it ? no, it this week set a new high and continuing to do so.. each time a retail trader looks at the candle thinks, now it will go down, you get a whipsaw ..

This is exactly why I say this is not your market and these are not your rules. The system is designed for retail traders to fail. Forget the TikTok ads flashing Lambos and the idea of get rich quick dreams. The truth is we do not control the market in fact, we are not even on the list. Here Institutions set the tone, and only rules, discipline, and strategy will keep you in the game... here success isnt measured by daily profits, rather how well you understand the rules of the market, by the pips you capture and how well your strategy executes. Thats what truly matters.
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Candlesticks dont move markets, Volume does
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