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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

  • #59,061
  • Jun 24, 3:16am (6 hr ago) Jun 24, 3:16am (6 hr ago)
Quoting Mitiblotch
{quote} Great. I still maintain this is headed for 4020 area. I don't expect any reasonable bounce since 4215 failed.
me too.. looking for a tap of 4110-4120 before I go down again
Insane in the Brain..
  • #59,062
  • Jun 24, 3:20am (6 hr ago) Jun 24, 3:20am (6 hr ago)
Quoting BeeTogether
{quote} me too.. looking for a tap of 4110-4120 before I go down again
I hope you get it, but from my view it does not look like it. I think it may just plummet. But gold can spike anytime. 4050 is the saviour of bulls now because of the kink there plus Deal's excellent level, but it should break. By next month target might be around 3895 area and then on to 3500 levels. But these are simply forecasts.
  • #59,063
  • Jun 24, 3:51am (5 hr ago) Jun 24, 3:51am (5 hr ago)
Quoting BeeTogether
{quote} me too.. looking for a tap of 4110-4120 before I go down again
I dont see it happenning for now, maybe if 4072 holds but unlikely imo
  • #59,064
  • Jun 24, 4:30am (5 hr ago) Jun 24, 4:30am (5 hr ago)
Gold long @ 4069
  • #59,065
  • Jun 24, 4:32am (4 hr ago) Jun 24, 4:32am (4 hr ago)
Bought 70 with a very tight SL
  • #59,066
  • Jun 24, 4:38am (4 hr ago) Jun 24, 4:38am (4 hr ago)
Honestly i understand that all we have diffrent styles of aproach but i dont understand why traders buy gold in these situation.....!?
  • #59,067
  • Jun 24, 4:43am (4 hr ago) Jun 24, 4:43am (4 hr ago)
Quoting mizi123
Honestly i understand that all we have diffrent styles of aproach but i dont understand why traders buy gold in these situation.....!?

Another long @ 4066.72
  • #59,068
  • Jun 24, 4:46am (4 hr ago) Jun 24, 4:46am (4 hr ago)
Tricky setup building. There could be a bounce back up from 4050 or straight nose dive down to 3900 where the support lies.
Judging by the current situation with hormuz I'm currently leaning towards 3900 target this week or July.

Got a pending buy ay at 4055 but adaptable once we get closer
  • #59,069
  • Jun 24, 4:47am (4 hr ago) Jun 24, 4:47am (4 hr ago)
Quoting Mrs.Nouman
{quote} Don't add an auto stop loss. Close it manually when u are confirmed that it's not gonna return to your open price
When are you ever sure it will not return to the open price? i just close mine whenever i can no longer handle the loss size. i had a short that was 500 against me, i was almost certain that was going to be my biggest lose but by this morning it hit TP. This market is wide bro.....
  • #59,070
  • Jun 24, 4:50am (4 hr ago) Jun 24, 4:50am (4 hr ago)
Quoting Cefer
Bought 70 with a very tight SL
reentered 68, if 63 hits then out and not touching it for a few hours
  • #59,071
  • Jun 24, 4:58am (4 hr ago) Jun 24, 4:58am (4 hr ago)
Quoting Goldslave
{quote} Not in position...except for runner to TP @ 4000_4030 Without sweep confirm....i see bearish in play further. May sweep area happen @ NY.... to may timing the market. No problem if i may miss the train. Out now
Based structure:...M30
4235...Choch
4135...Bos
4090...Bos

Correct me if i am wrong.....about ICT

Based range...114_50?? ....For today? Should break one or another.

Buyers need to sweep 4000_30 if they want "serious liquidity".....but liquidity also mean for " strong continuation" or for "rejection"......imho.

my cents
Stay Gold
  • #59,072
  • Jun 24, 5:14am (4 hr ago) Jun 24, 5:14am (4 hr ago)
I know its not wise to keep going after a trade fails but im back in one last long @60 to see if 50 holds for now
  • #59,073
  • Edited 5:31am Jun 24, 5:20am (4 hr ago) | Edited 5:31am
Boys I'm out for today.

I won this trade because of a new strat I tried out. I will try to explain it set by set.

1.There was a big move to the upside for no reason.
There are only two groups who can cause that type of moves. Big Retail or Institution.
2.I checked insider sources and there were no breaking news, so it was unlikely to be big retail.
3.I assumed that it was the Institution, but why would they buy?

4.Nevertheless, I figured the mini retails are going to be looking for buys, including me. But I suddenly noticed something while checking the markets.
5.The market was giving retails the entry signals but right before the moment when 5min or 15min close, the market would drop suddenly and cause the candles to be red.
6.And that's when it clicked. the institutions are trying to trap the buyers. Then they would push the price down and cause the buyers to hit SL and sell.
7.Because the buyers sold, the price drop more and more and more and begun a chain reaction; causing a liquidity run.
8.That was probably why the market slowly dragged down, and before you knew it, the market was going bearish and the bears finally enter which will make the price drop even more.

That was my analysis for this trade. I would like to know what you guys think of this. Did I make sense or was I just lucky?
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  • #59,074
  • Jun 24, 5:23am (4 hr ago) Jun 24, 5:23am (4 hr ago)
Quoting Cefer
I know its not wise to keep going after a trade fails but im back in one last long @60 to see if 50 holds for now
mate this isn't a casino where you continue on betting black or red, whichever streak you're on. Following the trend that the pair is taking. Chasing a loosing streak will eventually result in a blown account.

looking at how it is now, were gonna stagnate til US opens. Closed all my trades and waiting to see trajectory
  • #59,075
  • Jun 24, 5:27am (4 hr ago) Jun 24, 5:27am (4 hr ago)
Not going to short this right now. Way too close to 4050. 4100 seems quite far away too. Maybe back down from 4080
if we get there later today. If not wait for a better signal
Insane in the Brain..
  • #59,076
  • Jun 24, 5:28am (4 hr ago) Jun 24, 5:28am (4 hr ago)
DXY is going atleast 104 golds still going to carry on a down trend you should be looking for shorts not longs
  • #59,077
  • Jun 24, 5:29am (4 hr ago) Jun 24, 5:29am (4 hr ago)
Attached Image (click to enlarge)
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  • #59,078
  • Jun 24, 5:30am (4 hr ago) Jun 24, 5:30am (4 hr ago)
I’ll look for a shot at 4075-4080
  • #59,079
  • Jun 24, 5:34am (3 hr ago) Jun 24, 5:34am (3 hr ago)
I’ve been on a THC trip since Monday and still kept my trading clean.
Today made it clear that I don’t want to trade unless I’m at a fully sharp baseline.
Taking the rest of the week off and coming back next week with a clear head.
GoldGod Flip3 Return Today: na
  • #59,080
  • Jun 24, 5:35am (3 hr ago) Jun 24, 5:35am (3 hr ago)
On the Weekly Chart im Excpecting gold to reach 3800-3780 within a week
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