Alain Verleyen / News feed

Gold's Asian Range: How the Quiet Session Sets Up the London Move

Most gold traders ignore the Asian session because it looks boring. That is a mistake. The quiet hours are not dead time — they are the market building the range London will react to.

Here is how I read it. Overnight, gold usually drifts inside a fairly tight range while liquidity is thin. No big trend, no strong conviction — just buyers and sellers feeling each other out. That range matters because it marks where the early orders sit: highs where sellers stepped in, lows where buyers defended.

When London opens, volume arrives and price finally has to choose. Two things tend to happen. Either price breaks the range with conviction and keeps going, which tells you the new session agrees with the direction. Or price sweeps one edge of the range, grabs the orders sitting just beyond it, and snaps back inside — the classic fake-out that traps traders who chased the first break.

So my rule is simple: I never judge the London move in isolation. I first ask, where is the Asian range, and did price break it cleanly or just sweep it? A clean break with follow-through is a different story from a wick beyond the edge that closes back inside.

Practical habits that help: mark the Asian high and low before London opens, wait for a candle close beyond the range rather than reacting to a wick, and if price sweeps an edge and returns inside, treat that as information, not failure. The range is the map. London just decides which road the market takes.

No links, no promotion, no signals in this post — it is pure education.

Italo EA will be released soon... For now you can follow the best signal on the market, all entries has stop loss and does not use any dangerous things like grid, hedge etc. You're going to have the best signal, low drawdown with an amazing equity curve. If you have never subscribed to mql5.com signals before, be sure to check out this article: https://www.metatrader4.com/en/signals/subscribe&nbsp ;  https://www.mql5.com/en/articles/523 When subscribing to my Italo EA signal, keep in

Added topic Account banned after posting multiple user-guide comments - how to request a review?

Lower your spread , increase your profit..Register for FREE! https://www.cashbackforex.com#aid_351291

Published post 🚀 Rook FX Tool Is Coming Soon! The Smarter Way to Manage Your Trading

One Pair, One Setup: Why Gold Traders Improve Faster by Trading Less

Most struggling gold traders do not have a strategy problem. They have a switching problem. One week it is breakouts, the next week it is reversals, then a new indicator, then a different pair entirely. Every switch resets the learning clock to zero, so after a year of trading they have one month of experience repeated twelve times.

Gold rewards the opposite approach: one pair, one setup, repeated until you actually understand it. Pick a single setup you can describe in one sentence — for example, a pullback to a broken level after a clean break — and write down its exact rules before you trade it: what the market must look like, what confirms the entry, and what proves the idea wrong. If you cannot write the rules, you do not have a setup yet. You have a feeling.

Then trade only that setup for twenty trades, win or lose, and journal each one the same way: the chart, the reason for entry, the exit, and one honest line about what you did well or badly. Twenty trades of one setup teach you more than two hundred trades scattered across ten ideas, because patterns finally start to repeat. You learn which sessions suit your setup, which market conditions break it, and which of your own mistakes keep showing up.

This is not about being boring for its own sake. It is about feedback. A trader who changes setups every week never gets clean feedback, because every result could be blamed on the new method. A trader who holds one setup steady gets feedback they can actually use — and that is what turns practice into skill.

So if your gold trading feels stuck, try narrowing instead of adding. One pair. One setup. Twenty honest trades. The market will still be there when you finish, and you will finally know something real about how you trade it.

Testing TALON Gold Scalper V2.0

Published article Practical Modules from Other Languages in MQL5 (Part 09): MATPLOTLIB (II)

Stop Losses on Gold: Why Tight Stops Bleed Your Account Slowly

Gold does not move like a slow currency pair. A normal intraday swing on XAUUSD can run several dollars in minutes, even on a quiet day, and much more when news hits. That is why so many traders feel their analysis was right but their trade still lost: the stop was placed where it felt comfortable, not where the market actually breathes.

A stop that is too tight has one job it cannot do. It gets hit by normal noise — a wick into a nearby level, a quick sweep of an obvious low — long before the idea itself is proven wrong. Losing trade after trade this way is not bad luck. It is a position-size problem wearing a stop-loss disguise: the trader shrinks the stop to risk less, instead of shrinking the position size.

A better way to think about it has three parts.

First, let volatility set the distance. Look at the recent average range of the timeframe you trade. If gold routinely swings a few dollars against you before continuing, a stop inside that normal swing is a donation, not protection. The stop belongs beyond the level that would actually invalidate your idea — beyond a swing low for a long idea, or beyond a swing high for a short idea — with a little room past it so a wick alone cannot take you out.

Second, let the position size carry the risk, not the stop distance. Decide the amount you are willing to lose first, then size the trade so that a stop at the invalidation level risks exactly that amount. If the correct stop distance makes the position too small to feel exciting, that is information, not a problem. Boring size on a correct stop beats exciting size on a stop that cannot survive.

Third, accept that a wider stop means fewer trades. Not every idea deserves a trade when the invalidation level is far away and the reward no longer justifies it. Skipping that trade is not missed profit. It is the discipline that keeps the account alive for the setups where the math actually works.

The test is simple. Before you enter, ask: if price reaches my stop, is my idea genuinely wrong, or did normal gold volatility just breathe on it? If the honest answer is the second one, move the stop to where the idea dies — and shrink the size to match. Your account will bleed slower, and your good ideas will finally get the room to pay.

📊 ATR STOP LEVELS. Stops placed at a multiple of ATR adapt to how much the market is moving today instead of using a fixed number of points. DinexSpace ATR Stop Levels draws both sides so you can read them before entering.