Gold with No Drama

Quoting smd101

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I personally think indicators don’t really work anymore. At best, they give a small amount of help, nothing more. In my view, the time of indicators has mostly passed. They may have worked better in the 80s, 90s, or early 2000s when there was less noise, fewer traders, and no heavy algorithmic trading. Today the market is very different — high-frequency algos, central bank interventions, news-driven volatility, and constant liquidity shifts. Indicators are always lagging, while price and flow move much faster. This is just my personal view, but...

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Quoting fxcontest

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{quote} Just find some old Wall street trader, then You'll know how They trade Or whatevwr

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Quoting Deal

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I don't use indicators, and please don't call fibo an indicator also... In fact they both work the same, what i mean by saying this... They both are not 100%.. I said it before that every pattern work, no matter what a trader are using, the interpretation we made of them is the diference between having an edge long term or not. The problem is people use those visual representations blinded, without study them. The same can be apllied to price action. Starting by indicators they usual are applied to closes and the question here is... Are people applying...

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Quoting musabnis

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{image}

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Quoting Deal

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I don't use indicators, and please don't call fibo an indicator also... In fact they both work the same, what i mean by saying this... They both are not 100%.. I said it before that every pattern work, no matter what a trader are using, the interpretation we made of them is the diference between having an edge long term or not. The problem is people use those visual representations blinded, without study them. The same can be apllied to price action. Starting by indicators they usual are applied to closes and the question here is... Are people applying...

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Quoting has22v

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{quote} Any advice before the market opens

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Quoting Deal

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Let's see if end the day early... But thinking short at 4364, in this one by 1m tf because the level today is subjective... {image}

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Quoting Deal

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Anyone notice that spike at 4364.586, that is the gap measure invalidating the friday close.... Had to divide the position by limits, i believe 4364 is one top for the day, not necessary the high of the day, but it can be... 4h closing above most likely will seek 4380, the momentum is very strong, let's see if engage well... {image}

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Quoting Deal

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Anyone notice that spike at 4364.586, that is the gap measure invalidating the friday close.... Had to divide the position by limits, i believe 4364 is one top for the day, not necessary the high of the day, but it can be... 4h closing above most likely will seek 4380, the momentum is very strong, let's see if engage well... {image}

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Quoting smd101

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I personally think indicators don’t really work anymore. At best, they give a small amount of help, nothing more. In my view, the time of indicators has mostly passed. They may have worked better in the 80s, 90s, or early 2000s when there was less noise, fewer traders, and no heavy algorithmic trading. Today the market is very different — high-frequency algos, central bank interventions, news-driven volatility, and constant liquidity shifts. Indicators are always lagging, while price and flow move much faster. This is just my personal view, but...

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Quoting has22v

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{quote} you still buying from here?

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