GOLD, Gold and XAUUSD - page 145
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
My financial hunger remains unsatisfied!
Am I the only one who sees this as haphazard, sentiment-driven trading?
Why do you see it that way?
It’s not that I can actually see it… I can sense it! Or rather, I suspect it.
There, I closed the position before the retracement had finished; there, I entered at the wrong time; there, I exited at the wrong time... and there have been several moments like that already. Again: you haven’t answered the question about the rationale behind your trading decisions...
Experience, my friend.
- Gentlemen, why didn’t my trump card play out?
- It’s all down to the situation, my friend!...©
I was cheated out of my bet on the Fed rate
I was cheated out of my bet on the Fed rate
Any NEWS or any factors influencing PRICE MOVEMENTS – are CONFIRMED in the quotes...
And, most interestingly, it is the ONLY instrument that reacts faster than any other to the CURRENT SITUATION in the market...
There’s plenty to debate on this subject..., but the outcome will remain the same...
GOOD LUCK!
I was cheated out of my bet on the Fed rate
It wasn’t a bet, and I wasn’t cheated; you just shouldn’t leave pip-sized positions open overnight :-)
With your trading style, you need to close your positions before the rollover. You’ve caught a crane and thrown it into the bushes.
[M]ost interestingly, it is the ONLY instrument that reacts faster than any other to the CURRENT SITUATION in the market...
There’s plenty to debate on this subject..., but the outcome will remain the same...
I was cheated out of my bet on the Fed rate
How on earth do you trade without technical analysis?
Well, there are pullbacks, rebounds, trend lines and so on.
Use a time frame where you can see all of that, at the very least
Well, not the M15, surely ;)
How do you trade at all without technical analysis?
Well, there are pullbacks, rebounds, trend lines and so on.
Use a time frame on which all of this is visible, at the very least
Well, not M15, surely ;)
Generally speaking, that’s all correct...
But there are plenty of nuances here too...
Take indicators, for example...
There are loads of different indicators, all using DIFFERENT maths..., and naturally, they’ll produce different output data...
And this has a VERY significant impact on the final result of the TA...
My trades for the second half of September
In theory, I should have shorted there on the highs (and I did short, as you can see) and held on until the low following the Fed announcement. But is any trader really capable of withstanding such brutal pullbacks?