Last Month First Move was up, SELL
This Month First Move is down, BUY
I will monitor 1264-1260 for buys!
My targets will be
1282 - 1311 - 1322 - 1348
Of course, will monitor intraday for confirmations and daily swings!
If 1260 area is not broken, don't miss the trade!
Since 2-100k challenge is fully Live, all my actions and trades can be seen instantly.
The 2-100k account will receive the most focus on my trading desk!
Will update here intraday!
This Month First Move is down, BUY
I will monitor 1264-1260 for buys!
My targets will be
1282 - 1311 - 1322 - 1348
Of course, will monitor intraday for confirmations and daily swings!
If 1260 area is not broken, don't miss the trade!
Since 2-100k challenge is fully Live, all my actions and trades can be seen instantly.
The 2-100k account will receive the most focus on my trading desk!
Will update here intraday!
Comment:
Hello!
Had some questions about why I managed the trades as I did.
As you saw on 2-100k account I had a buy pending set at 1264 then it was removed because I got confused with that spike that tagged 1271.. then I set it at 1262 but bear was blocked at 1264 and I thought I can buy manually what I did.. but still we hit the 1260 target and 1260 I mentioned here as well.
I was on the go and I had no remote connection with my Home PC because it was turned off so I could not see the AI numbers and recalculation levels! That being said.. a lot of confusion, but still as you see we are in the green now.
I don't know is this the true bottom but I plan to hold this trade for long time and trade in between on intraday scale!
If this is the bottom then from now on if the trend is changed we will use swing lows on intraday basis consider them as dips and buy more!
Because in trend situation swing H and swing L are broken, this is the first indication that we are trending!
If we break 1270 then we go up to 1276 and if we break Swing H 1276 we got to 1282 and if so then we have a trend again. If we fail to break 1270 and 1276 that means we are in range or continue a bear trend.
Good Luck!
Any actions and trading setup can be seen on the 2-100k trading account. Transparent direct access, no 3rd party tracking service crap!
Had some questions about why I managed the trades as I did.
As you saw on 2-100k account I had a buy pending set at 1264 then it was removed because I got confused with that spike that tagged 1271.. then I set it at 1262 but bear was blocked at 1264 and I thought I can buy manually what I did.. but still we hit the 1260 target and 1260 I mentioned here as well.
I was on the go and I had no remote connection with my Home PC because it was turned off so I could not see the AI numbers and recalculation levels! That being said.. a lot of confusion, but still as you see we are in the green now.
I don't know is this the true bottom but I plan to hold this trade for long time and trade in between on intraday scale!
If this is the bottom then from now on if the trend is changed we will use swing lows on intraday basis consider them as dips and buy more!
Because in trend situation swing H and swing L are broken, this is the first indication that we are trending!
If we break 1270 then we go up to 1276 and if we break Swing H 1276 we got to 1282 and if so then we have a trend again. If we fail to break 1270 and 1276 that means we are in range or continue a bear trend.
Good Luck!
Any actions and trading setup can be seen on the 2-100k trading account. Transparent direct access, no 3rd party tracking service crap!
Comment:
You may set BE on your buy if you are conservative.
I may just think about that.. will see.
I may just think about that.. will see.
Comment:
The problem here is that around 1264-1263 test back levels are located... that can be tested back.. and then it may continue.. in case it tests back these levels that mean BE hit.
BE is a tree with two ends it may protect you and it may disappoint you as well.
BE is a tree with two ends it may protect you and it may disappoint you as well.
Comment:
If Gold is changing the trend it has to prove it by breaking swing H's.
Support is 1274 - 1271 If Gold is bull it will not break it.
Failure to break 1276-1277 area and break of support means it is not ready to go up.
I may add some trades around 1274 or above 77 on 2-100k challenge account.
Support is 1274 - 1271 If Gold is bull it will not break it.
Failure to break 1276-1277 area and break of support means it is not ready to go up.
I may add some trades around 1274 or above 77 on 2-100k challenge account.
If it tags 1264 before it reaches 1270-1272
BUY! 1264!
Then we have a possibility to reach 1282 after we break 1270
Remember we can have spikes down below 1264 but they should not be bigger than 1260!
Very great buy setup if only gold can do the first move down to 64!
If not will see how the day develops..
No matter what I think we need to get bully and change the trend!
All trades can be seen instantly on 2-100k acc if I take some!
Good Luck.