Short

Updated

short xau

looking to short this, either 1hr close, or 15m rejection, wont' force it, but will look for some fail to break, take note also news coming up likely bad for xau.

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tp, looks honestly based on weekly, there's a chance to break down, we got a shs on weekly at least back down to 2222.10

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areas of interest, 2315.48, 2319.89, 2323.46

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think buyers needs to hit the liquidity area first. then sellers might kick in.

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i want it to really try and pump to grab liquidty first. then i'll short on candle close after that or on the next 15m up

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when price hasn't hit liquidty, can still be choppy also take note of news.

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see this 1hr close

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our entry is liqudity, hopefully 1hr pumps it, then im expecting a red candle after.

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couldn't post just now, seems it got frozen, posted in comments instead

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damn, next 1hr candle is going to be news, i might try get best price before news happens.

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if buyers still got some bullets to still buy, it might actually hard pump it first, before the news gets released too. lets hope for a drop before news happens.

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closed first. saw 1.6R, but news coming up, im worried.

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took it at 1R

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the drop is abit slow, yes best see 1hr close. but but honestly i want to see bigger drop then this, for 1hr close.

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good seller as my sl was really near. price just touched liqudity and getting rejected now.

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2323.54, if news is higher then 2%, and price pumps to here, i'll likely take another short.

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news bullish for xau, but not sure if can hit 200 ema, now failing to break 100 ema, see 1hr close. likely sellers will take 1 attempt to short it. but i'll scalp it only. depending on the level of drop.

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best see this 1hr close.

Trade active

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max tp 2304.79

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my conditions to hold. price must hold here, then next 1hr must drop hard.

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my sl is above next resistance above at 2328.95, but i may shift sl nearer, to 15m wick high plus abit more. extra

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there's a chance next candle goes to the 1hr wick, then drops hard. if closes 1hr on wick, im getting out.

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saw1.2R on 2x orders.

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think once UJ and US gov 10 yr bonds find a support then xau should dump, at least a real attempt to dump it.

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price must be under 200 ema 1hr , ok

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right now, i think is ok, sl 2328.95, i added margin

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2323.94 is my 3rd order short

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15m i want to see lower low man, if not it will try break support again, buyers havne't gvien up

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ok we do have slightly lower low, but buyers really strong see 1hr close. more important

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yikes, not looking too good. see 1hr close

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tmw, jp looks like will dump xau as well. 15m looking ok, lower lower, higher low so far.

but tmw USA pce looking like a hard xau pump.

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saw 2.5R

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US10y, hard dump, will watch 15m, if 2nd or 3rd time can't break this support 15m swing low, or the wicks, im getting out.

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if 1hr liek this, better close this trade, spnning top? with that big wick? no thank you

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lol our group just reminded me on the pending homes sales news, lol. but likely it will drop xau. so won't change my sl for now.

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1hr spinning top, honstly can get out, always another chance to trade, i'll hold it through if no higher high on 15m

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damn! that pending home news, i got slapped

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slippage, man, about 20% too. i managed to close early but 1 order got me slapped

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i took another short at 2327.51 2x orders, closed already. took a 1.5R win, but overall still down 2R, didn't see the bloody news. i should have closed it. our group managed to close it early, at BE

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over all our group was profitable by little bit, we all won today this afternoon, NY session 2 guys BE, and i took a fat hit on 3x orders. tried to sell early when i saw it moving up and the news so bullish for XAU, but it was too late. orders didn't get executed till at the top. not trading here, if holds longer, and 1hr turns bullish then i'll look for along, but not yet. we on seller zone now and sellers still in control. won't F with it.

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oh yeah, that short strat, usually has high win rate, 60 to 80% win rate. i reckon if not for the news, it would have won it.

lets see what happens tmw,

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didn't post it here, but entered a short just now. about 3R now in profit, already 75% closed. covered back yesterdays loss.news was bad for GJ on japan side. took the short. on 2nd retracement up. will see later if any thing worht to trade

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closed all, caught about 2.5R, im planning to switch if pric eholds her eon 1hr. close. any bullish signs then tp to resistance above.

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to 200.638 tp

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see 1hr close, if spinning top, then i enter.

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Uk news coming up in 10 mins, yellow news, usually will follow same direction after hitting support/resistance. through out day until NY session

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ok current acc news better then last time, GDP news is good 0.7, UK really needed it, past few months was pretty horible

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yeah, good is switched if not BE

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taking a quick scalp on xau short too. suggest not to follow. we got higher higher. but, im thinking we might get a shs, then hit back down to 2314.19. may close anytime,

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anything higher then last 15m candle high im closing.

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1hr big wick on GJ im closing too.

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closed xau, 0.6R loss

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added margin on GJ

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about 1.8R up now on GJ. but this bloody xau, lol. get kicked out then drop, lol. will look at liquidity zone next time.

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aaa shucks, this xau, lol, i entered too early, kicked out first. bs. anyways GJ about 2 r now. 203.474 if can't close above this, just take it on GJ

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up 3R on GJ

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SL entry, risk free trade. now about 4R profit

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seems failing to break, on 15. i'll just let it be, im already up today. if 1hr cannot break then i close

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1hr we still got a long time

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closed 75%

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the rest sl entry

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closed realised profit about 3R

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over all up about 3.5R up today

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bloody hell, i super missed out GJ, damn it. 8R by now, i just came backe home, saw that entry, just JUST missed out. FK!
then saw PCE news, was bad for usa, likely they will buy GBP on support instead.i litterally mised it by 30 secs entry. 202.593, guess missed out. damn, would be another nice winner day if i saw it, im moving around and was in the bank most of day and travelling.

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i also wanted to long XAu but 4hr xau looks damn messy, more like buyers tryign to break some big resistance. so i didn't want to enter XAU.

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did a interview on a financial prop firm, see it on the link below comments
the youtube link

Formedzeus

t.me/Dfamtrading
youtube.com/watch?v=LCtNWbKUkYg

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Formedzeus

t.me/Dfamtrading
youtube.com/watch?v=LCtNWbKUkYg

Also on: