Gold with No Drama | Page 1712 | Forex Factory

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Gold with No Drama

{quote} Executed my Long. Disclaimer: This is not financial advice. Trade responsibly. {image}
Update:
It was a quick and fun ride. I抦 still refining my 18k TP; the usual 9k was easy. I抦 not surprised by the reaction or the drop because the bias had already flipped to short, and I updated my chart before the execution.
Maybe that抯 where the mistake happened. I抦 not sure. I抣l think about it tomorrow.
SL hit. Done for today.
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NY getting greedy today
xauusd All Time Return: 3.1%
H1, Fib, possible WolfeWavePatterns..,

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imo, untill 100%/5091th is not broken, we can expect pull back (?!).., there are many targets below including WPPs at 4820-88th area..,
what we got above besides 5500(!) as a sweet target.., closest weekly resistance is at 5237th

there are a few possible Wolfe Wave pattern that i am watching.., one with target down, almost dead.., will became active with price below 4812(!)..,
two with targets up.., paused as well right mow

...just my thoughts

dolce vita
Any thoughts to the low volume today? I generally scalp and I found it almost impossible to make much today due to the low volume. I realize I need to switch strategies on days like this, but just curious if this is how it was a 1+ years ago.
They manipulate daily median high at 5077.7 and low at 4999.7, and it looks they are doing the same at the low 2nd time...
But the day should close between 5006.580/5029.905 where a break of this range from now on can have impact...
Safe trades.
Just a fact... We never fully close a daily fractal open this week, not monday, not thursday.
So something is about to happen, wich side no clue and my advice is if we were bias, is time not to be...
4h is not any TF for weekly perspective, you guys can see whatever you want below this but price is lefting clues as well monday did. It close bullish not showing continuation. There are pressure from both sides.
Some of you will say will be news against you, stop hunt and so on, but as price left clues in a trend also left clues about breakouts, particulary when we squeeze so much.
Safe trades.
Nike pattern
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They manipulate daily median high at 5077.7 and low at 4999.7, and it looks they are doing the same at the low 2nd time... But the day should close between 5006.580/5029.905 where a break of this range from now on can have impact... Safe trades.
oh i was away for homeworks and nice said and good analysis,
could you please provide a script for levels or analysis though relevant for python....
Thanks as bunch in advance....
do you think asia will pump at open again?
do you think asia will pump at open again?
What do you mean " again " ?
{quote} oh i was away for homeworks and nice said and good analysis, could you please provide a script for levels or analysis though relevant for python.... Thanks as bunch in advance....
None script will tell you the righ entry, and when i talk about script i also can say about indicators, is how people use them and the understanding they do it it in relation about price. Is find an edge in it...
We start trading with mentality set and forget, but that is the wrong mentality, each pattern of price not ends there if it was so easy i was rich already...
If you want a script to plot possible levels there are a bunch on tradingview. As long it is related with OHLC those zones will not be far from strong areas.
It can be from prior candle, from average, from median or from ratios of manipulation and distribution. The principle is the same as fibonacci the diference is that fibonacci not measure the average but a fix ratios and to me is the flaw of it.
My principle is that a candle expansion is related with the prior in 1st place, particulary the bodies, is where it start my persuit in deviations, if narrow in the wicks, just by that you will have strong levels.
Each day have sessions and micro sessions as each candle have it. I didn't plot 5029.905/5006.580 with a script, is a pattern that happen every day.
I don't like to talk to much because we are in a forum that people make a lot of noise with news without them already come out, most of the members here know that for me is a bunch of algos leading price long term and if i hadn't identified a couple of repeatble patterns every day any level i have will not have meaning.
The one i use is from there but if i say it work on gold tomorrow it can disappear and be paid lol
You know from where now, make the homework not necessary if you find it you will have an edge if applied as it had been built.
I use as a mix of my concept that already worked for me.
past 2 days were profit by just leaving it overnight
i抦 back w big profits {image}
did this work? The big bebe yahu help us!
I get messages from the stars?/div>
{quote} None script will tell you the righ entry, and when i talk about script i also can say about indicators, is how people use them and the understanding they do it it in relation about price. Is find an edge in it... We start trading with mentality set and forget, but that is the wrong mentality, each pattern of price not ends there if it was so easy i was rich already... If you want a script to plot possible levels there are a bunch on tradingview. As long it is related with OHLC those zones will not be far from strong areas. It can be from...
Thanks a bunch already doing most of those things then trading one on scalping account one on swing... good knowledge you have also. Things always go well for me as well.... again thanks...
MACD divergence is signalling bearish movement on the 1HR timeframe.
To go bearish at Asia we need this 4h close bearish to increase odds, but gap down below 5026.605 will most likely do the job, gap up, we stay in the range and this without plot any levels lol
We are at the moment more bearish than bullish short term.
Nothing is granted and the open can say i am wrong...
Back at the open.
Safe trades.
To go bearish at Asia we need this 4h close bearish to increase odds, but gap down below 5026.605 will most likely do the job, gap up, we stay in the range and this without plot any levels lol We are at the moment more bearish than bullish short term. Nothing is granted and the open can say i am wrong... Back at the open. Safe trades.
Potential target 4971.495.
Remember gap up invalidate this reading.
To go bearish at Asia we need this 4h close bearish to increase odds, but gap down below 5026.605 will most likely do the job, gap up, we stay in the range and this without plot any levels lol We are at the moment more bearish than bullish short term. Nothing is granted and the open can say i am wrong... Back at the open. Safe trades.
Thanks for the insight
As today i didn't not enter a trade,
Cuse of the ranging market and dont want to be a part of it
And want to let you know that i coded a scripte that calculate median ,median high median low and mean and testing on difrent time frame can you give a quick look
Here is image what its print for latest 4h
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Break--Retest--Average
{quote} Potential target 4971.495. Remember gap up invalidate this reading.
Invalidated ( gap up ), only could come now, so 5078 seems the most likely outcome now, they can be seeking Ny stops...
Late entry Be can be bad position...
I need a 30m close above 5053.837 to have a chance...
Safe trades...
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