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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #57,441
  • Jun 15, 11:08pm (3 hr ago) Jun 15, 11:08pm (3 hr ago)
Quoting Goldendragom
Im not selling the Bot , You can check the bot on below details, if intersted i can load ea for daily profit basis Check My Personal bot Bot 1 MT5 Login: 28096096 Invs password: Investor#123 Server: STARTRADERFinancia-Live4 Bot 2 Mt5 Login: 85507955 Investor password: Investor@123 Server: ECMarketsLtd-MT5-Live05 Contact me on +91 9633266482 (Whatsapp)
What do they do
  • #57,442
  • Jun 15, 11:08pm (3 hr ago) Jun 15, 11:08pm (3 hr ago)
Quoting Mrafi1982
selling at 4325.. we should move lower
Tped. first scalp.. a break below 4314, we we can prob see a move lower. now is waiting time again
  • #57,443
  • Jun 15, 11:11pm (3 hr ago) Jun 15, 11:11pm (3 hr ago)
Midterm elections in USA i on 3rd November is the reason behind Iran America deal.

Israel will not respect it
  • #57,444
  • Jun 15, 11:20pm (3 hr ago) Jun 15, 11:20pm (3 hr ago)
Quoting shawkat2025
{quote} Less than a month.
the FED has to print money. It's a 39 trillion $ debt. Lower rates, lower US$.
  • #57,445
  • Jun 15, 11:30pm (3 hr ago) Jun 15, 11:30pm (3 hr ago)
Quoting shawkat2025
{quote} the FED has to print money. It's a 39 trillion $ debt. Lower rates, lower US$.
I agree that Gold is going to reach ATH again soon but not within a month, I would say around 6 months.
You are correct about the debt, The FED really need to print money right now... but they can't; at least not yet.
The new FED chair Kevin Warsh is keen on keeping the dollar low; however, the inflation in America is too high right now, and the bond market is at record highs.
They need to do something temporary first before they print money again. And last time I checked, there was a 75% chance of rate raising.
So I would say gold would go a little lower for a month or Two and then rally like we've never seen.
If possible, people should buy gold right now, but for trading? I wouldn't be too potimistic yet.

Then again nothing is 100% due to the law of probablity. I might be wrong and you might be right, no body knows. Just keep in check of your risk and not bias too much
  • #57,446
  • Jun 15, 11:52pm (2 hr 57 min ago) Jun 15, 11:52pm (2 hr 57 min ago)
Quoting ZennithFool
{quote} I agree that Gold is going to reach ATH again soon but not within a month, I would say around 6 months. You are correct about the debt, The FED really need to print money right now... but they can't; at least not yet. The new FED chair Kevin Warsh is keen on keeping the dollar low; however, the inflation in America is too high right now, and the bond market is at record highs. They need to do something temporary first before they print money again. And last time I checked, there was a 75% chance of rate raising. So I would say gold would...
History repeats itself self and until we see at least 2 monthly candles green remain bearish. And again in June 2022 dropped cause Powell jumped rates 0.75%. September I really believe till we see gold jump. As will be a lot of spending in June/july/August by the consumer. Then increase in work employment leading up to Christmas. Which is going to strengthen the dollar. And with America actually up there with oil exports now the dollar can easily become very strong early next year. Just an opinion
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  • #57,447
  • Jun 16, 12:01am (2 hr 48 min ago) Jun 16, 12:01am (2 hr 48 min ago)
Quoting ZennithFool
{quote} I agree that Gold is going to reach ATH again soon but not within a month, I would say around 6 months. You are correct about the debt, The FED really need to print money right now... but they can't; at least not yet. The new FED chair Kevin Warsh is keen on keeping the dollar low; however, the inflation in America is too high right now, and the bond market is at record highs. They need to do something temporary first before they print money again. And last time I checked, there was a 75% chance of rate raising. So I would say gold would...
Trump is commissioning the FED to lower rates and print money, so they have to, the sooner the better.birthday warsh the ceasefire is a wildcard he will be putting great pressure on using it also he will stress on inflation is temporarily.
  • #57,448
  • Jun 16, 12:03am (2 hr 45 min ago) Jun 16, 12:03am (2 hr 45 min ago)
Quoting ZennithFool
{quote} I agree that Gold is going to reach ATH again soon but not within a month, I would say around 6 months. You are correct about the debt, The FED really need to print money right now... but they can't; at least not yet. The new FED chair Kevin Warsh is keen on keeping the dollar low; however, the inflation in America is too high right now, and the bond market is at record highs. They need to do something temporary first before they print money again. And last time I checked, there was a 75% chance of rate raising. So I would say gold would...
Quantitatively, gold is way much ahead of its time, and it might take much more time for us to see a new ATH again or even come near the previous; not this year I believe. The range we are in is so wide ($1500+) such that a normal move to distribute higher would appear to be a target for the ATH's. I really think we are yet to go as below as 3600 before we see a sustained leg up again. But now that the war premium is over, we shall see clearly after PCE.
  • #57,449
  • Jun 16, 12:04am (2 hr 44 min ago) Jun 16, 12:04am (2 hr 44 min ago)
Quoting shawkat2025
{quote} the FED has to print money. It's a 39 trillion $ debt. Lower rates, lower US$.
What is the percentage between interest to be paid on the current debt and the GDP of the country
USA will not be affected by the debt
  • #57,450
  • Jun 16, 12:05am (2 hr 44 min ago) Jun 16, 12:05am (2 hr 44 min ago)
That font size was accidental
  • #57,451
  • Jun 16, 12:07am (2 hr 41 min ago) Jun 16, 12:07am (2 hr 41 min ago)
Short at 4348 when price arrives
  • #57,452
  • Jun 16, 12:11am (2 hr 38 min ago) Jun 16, 12:11am (2 hr 38 min ago)
At this point i am just loosing money on Live trades but when i do backtest it works like a charm what should i Do
  • #57,453
  • Jun 16, 12:16am (2 hr 32 min ago) Jun 16, 12:16am (2 hr 32 min ago)
Quoting ku3al
At this point i am just loosing money on Live trades but when i do backtest it works like a charm what should i Do
take a break from trading. no trade is a good trade
  • #57,454
  • Jun 16, 12:18am (2 hr 30 min ago) Jun 16, 12:18am (2 hr 30 min ago)
Quoting Mrafi1982
selling at 4325.. we should move lower
you have the asian high. Daily high. Imblanace from the move down and the previous daily high all above. thats like 17% on the fib as well. Could work i guess
  • #57,455
  • Jun 16, 12:19am (2 hr 30 min ago) Jun 16, 12:19am (2 hr 30 min ago)
chances of bearish bigg move is more because today jpy is negative due to boj and due to it us is positive as well as xag seller volume is high and if we see positions on forexfactory today lots in eur usd and all major currency pairs for usd its positive and others its negative so we can expect sell move in london or ny session...... and The gap is also the major so my thoughts are changing towards bearish gold.
RM
  • #57,456
  • Jun 16, 12:19am (2 hr 29 min ago) Jun 16, 12:19am (2 hr 29 min ago)
Sell gold at 4333.47 and trail the profit
  • #57,457
  • Jun 16, 12:19am (2 hr 29 min ago) Jun 16, 12:19am (2 hr 29 min ago)
Quoting Baldingcorps
{quote} you have the asian high. Daily high. Imblanace from the move down and the previous daily high all above. thats like 17% on the fib as well. Could work i guess
yeah the scalp worked.. but to move lower, we need a break at 4314.
  • #57,458
  • Jun 16, 12:23am (2 hr 26 min ago) Jun 16, 12:23am (2 hr 26 min ago)
selling Gold who all are in?...
RM
  • #57,459
  • Jun 16, 12:26am (2 hr 23 min ago) Jun 16, 12:26am (2 hr 23 min ago)
Quoting Mrafi1982
{quote} yeah the scalp worked.. but to move lower, we need a break at 4314.
Yeah. I was hoping we broke 4304 then retraced up to sell to then close the gap but it could go higher to the daily area 4425. The 4hr it looks like a minor pullback due to resistance yesterday. The move down yesterday was 70% from the the larger move overall from 4475. Important not to concentrate too much on a gap as it could go higher and come to that gap later in the week once the daily area has been hit

If you look at silver the move has already played out going up
  • #57,460
  • Jun 16, 12:26am (2 hr 22 min ago) Jun 16, 12:26am (2 hr 22 min ago)
Quoting IKazer
{quote} take a break from trading. no trade is a good trade
man i did it, took break, did backtesting whole nights, still no profits
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