Gold with No Drama

Quoting Deal

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{quote} Remove the limit at 3736, Asia beeing Asia and pointing more deeper target. A close below 3736.760 in 1H TF make a divergence between Ny and Asia so caution. EDIT: Is however the average price of NY, is not bad entry, but have a bad position to be managed, just that.

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Quoting Goldslave

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{quote} yup....if i follow yours numbers 3736 mentioned before and follow how fxcontest playing his toy ( such agreesive and fast hand style)... i will buy when rejected at 3735.( its at my low expected asia). The calculation slowly then price movement....damm.Should train the wolf side of me ...lol

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Quoting RaHaG0D

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Good Morning Wishing you a day filled with successful trades & positive pips The chart isn't clear to me yet because the 3717 level hasn't been invalidated. I'll wait for up to 3 more candles, and then I might start scalping. For now, I'll go with whatever the chart shows me. If the 3754 level is broken and the price closes above it, I see a bullish outlook. Let's see what happens. {image}

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Quoting Deal

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{quote} This Ny range is the safiest place to scalp, because it always do two things, or break or hold. There are no holygrail, now i accept beeing wrong, never like it in anything but in trading we can't escape. Is a zone that always average price after his distribuition or redistribution, is a top zone to mean reversion if needed as long had created supply or demand. Many people see supply or demand like last down or up candle, it is sometimes but is not true, is the zones that validate those. Specific time windows, and there are strongers and...

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Quoting przfx

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{quote} "If the 3754 level is broken and the price closes above it" => in which time frame?

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Quoting RaHaG0D

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You guys wake up so early! Some of the messages are from 4 hours ago. I know there's a time zone difference, but still, it seems like you're real early birds

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Quoting Deal

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If it matters, 3746/47 is a weekly level. Is what bulls want to break. Diferent approach but i use levels to confluence. Obvious it should be seen as fractal and lower Tf's on the break haven't the same value as 4H forward. They pull back lower than 0.5 deviation now they want it back.

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Quoting Pat Chiko

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{quote} GOLD Scalp LONG Maybe got luck for this tiny trades. {image}

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Quoting newmilly

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{quote} Maybe they never slept yet... Im in south africa and its 6:30am here now... Guys are busy making money while we sleep, hahaha

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Quoting RaHaG0D

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{quote} They are really very active I have a specific setup that occurs right before or at the very beginning of the Asian session, which has a 90-95% success rate. But I've never been able to wake up at that time, I don't think I'll ever be able to catch it

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Quoting RaHaG0D

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{quote} They are really very active I have a specific setup that occurs right before or at the very beginning of the Asian session, which has a 90-95% success rate. But I've never been able to wake up at that time, I don't think I'll ever be able to catch it

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Quoting RaHaG0D

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It's quite simple. The first one-hour candle of the day is very important. This applies to gold, not to other currencies. If the range of that candle is around 50 pips, the price will react by moving twice that distance (100 pips) and then reverse. If the range is about 100 pips, the price will react by moving an equal distance (100 pips). I'm sending a screenshot now. Please check it. Praetorion also talked about it. I learned it from the Tony's ratios (proportions). The chart is set to New York time. {image} {image}

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Quoting przfx

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{quote} Thank you! Bookmarked your answer ...I will have a look on it over the weekend Btw when did Praetorion talk about it? I guess long time ago?

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