Simple Trade for Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
9701 63 140
Simple Trade for Gold            
Trend Line broken:
which means 1h uptrend is finished.
Price Break 1347 support
so short gold             when it retest this level.

Trade active: Price retested this level as expected
Trade closed: stop reached: stopped at 1361.
it's good to exit the trade with the stop loss level.
coz if not, lose another 140 pips.
dicipline is important.
To lean Jack's Full Trading System:
Weechat ID: 32114564
hope that guy did not follow your "SHORT SELL" instruction!!
Got tired of realizing that after getting stopped out the price would eventually retrace so this time I decided to hold them and keep selling higher, never had a such a loss for so long but it paid out..
you always short oil? perma bear or what? gold is on its strongest uptrend.

Possible dimond break also for long to 1400
Trading view needs to rate authors by actual trades (on demo) so everyone can plainly see win loss ratio history etc.... Identifying direction is one thing but extracting money from the trades is another skill altogether.... Basically you cant make any broad statement that this trader is better or worse you can only look at the information shared and agree or disagree if you found it interesting. So bugs me that people throw out accusations to people that are just sharing information, take it or leave it but most importantly take responsibility for your own trades. Thanks for sharing tntsunrise.
+2 Reply
thank you ! your are right. tradingview is for sharing ideas, it is not for copy trades.
I don't often look at other's ideas because I have my own. And to be sure, I disagreed with this trade when I saw it as I think Gold had got A LOT more upside that is possible. But what I want to say as a fellow poster is that if anyone takes these ideas as trades of their own, you MUST take responsibility for yourself and your own trading. Don't go and blame someone else for posting a "bad" idea (really, no such thing!). YOU MUST realize that NO ONE is perfect! And you really can't compare to another. Each trader has their own method of trading. TNT's trading plan may be to give up several small losses to hit those BIG gains. Anil likes to get a lot of "small gains". Small being a relative term, of course. What is small to one person may be large to another. In any case, we are all posting IDEAS! And we post them here FREELY. Don't go and look a gift horse in the mouth! Just be grateful we post at all!

TNT, Anil and many others here take the time to post whereas so many of people who do nothing but criticize do not. If you don't like it, simple...don't read it! As for support and resistance...does it work? That depends on how you use it and what is your trading method. Anil also uses support and resistance! What do you thing those lines showing triangles, channels, etc are? They ARE also support and resistance! He doesn't advocate using specific PRICE POINTS as S&R's. He DOES support the idea that there are ZONES that do provide S&R. That can't be denied.

But the point is, to each his own. Follow the one that suits YOUR style of trading. Don't go and criticize someone else for theirs. As far as I can see, TNT does a good job. As does Anil.
Thank you Jack, would you suggest to go LONG from here ? Or it's too late ?
I'm always study from your idea....thank you JACK !!!
Comment removed.
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