Long

Updated

xau, xmas long

im not trading this, but its a basic clear acending triangle on 1hr charts. good chance to enter if this price close above the triangle. we got about 18 mins.

im not trading it as its about to be new year. i not sure about the power, i trust btc, but xau not too sure.

not trading till next year guys, been busy with work and holidays. GL out there.

Trade closed: target reached

smashed tp, green all the way

Note

hope all had some good holidays, im looking to short xau and long GJ. but im looking for a good entry. london closing might push the trend where it is now. to go futher down or up.

Note

4hrs on xau just turned bearish, GJ just bullish as hell.

Note

not sure if i missed entry on xau short. but if i didn't rather miss out, i'll just look for another entry if break prevous low on 15m to find a lower high to re-enter.

Note

looks like a retracement incoming for xau

Note

haha looks like i missed both xau and gj lol.

Note

that retracement was nice, but i havent'traded yet. missed re-entry to short on xau. but it seems taking abit too long, i wanted a higher price honestly seems wont happen so fast. if it doesn't happen so fast, should be cautious on the strat.

Note

careful tonight, in 3.5hrs USA new unemployment rate, expected to increase for the rate, so xau bounce back up and GJ take a hit. if trading it don't over do GJ, cause there's alot of support on GJ to break. xau alot of resistance. suggest to take short bursts here and there.

Note

both trades would have hit tp, news turned out good for the usa economy, so xau usually drop and majority currencys that own alot of usd will go up.

Note

best look for a retracement before entering.

Note

goign to watch this 15m close on xau, to short. this candle or next candle. maybe risky. new sis bad for xau, and we on a decending triangle at this price. but wanna watch it close first. cause 1hr looks super supported, kinda scary to short that
4hr, still long time to know how this candle chart pattern will go. 10 mins left, for this candle, if no sign maybe will see next candle.

Note

damn, maybe missed best entry, still 4m left

Note

likely will enter on this 15m close sl candle wick high of this current candle.

Note

out, minus 450

Note

rentered short on xau
long on GJ

Note

xau
sl 2051.21, tp 2027.45

Note

GJ sl 183.292, tp 185.379

Note

will watch both carefully, esp, GJ, im expecting it to pump hard, soon, if doesn't, im getting out.

xau im worried about candle close low on 1hr, around 2034

Note

if doesn't show power to break support, i will close xau there.

Note

about 350 in profit now on both trades

Note

550 profit now, on both trades, covers previous loss if sell now but i wil hold it.

Note

last 2.5 mins, to decide let go or not.

Note

650 now, saw 750 just now

Note

if this 15m gj candle is red or big wick, im likley going to find best price to get out

Note

but on the close, 9 mins left

Note

wtf was that??

Note

i managed to sl lower on xau, but wth? slippiage was crazy. double of what i put in. managed to close my GJ, on a small retracement for a 100 bucks win

Note

ohhhh,

was wondering wtf happened.

11:00pm
USD
ISM Services PMI
50.6 52.5 52.7

Note

damn i didn't see that news to be careful. go slapped hard, down about 700

Note

entered fomo on xau long about 450 now. might let go

Note

going to see this 1hr close

Note

xau tp 2072.19, sl 2052.88
hoping to this this, but will watch charts. we have fmc in 2.6hrs later

Note

650 on xau now.

Note

don't recogmend to fomo, but based on fundamentals just now, i expected it to drop. but it super pumped, then found out the news. bloody hell. at least we learn that ism services stronger then jobless claims lol.

Note

ok, lets see this 1hr close. on xau. now about 800

Note

puts me back in profit from the 2 loses.

Note

entering first resistance zone

Note

closed, +530

Note

still down about 200 bucks

Note

ended up at -120 so far. won a GJ long, sold already, i won't post signals on news, way too choppy. i was pretty confident on the GJ long and xau short at least with abit more profit. then news just fk me over.

Note

ive set a alert for 183.235 on GJ. if some support abit below that, i might take a long trade.

Note

ok might take a break, rough session, but didn't lose too much.

Note

shorting this xau till 2005.68

Note

sl 2032.75

Note

this trade must be careful, cause daily time frame is still bullish, but i think can try win abit before a daily retracement

Note

i'll watch every 15m and 1hr candles

Note

i wanna see a 15m lower low

Note

this 1hr close i don't want to see any green candles. or no higher then the prevous red candle close, any close on the wick im getting out on 1hr candles.

Note

before our tp, there is another support at 2016.34, might want trim or take profits if stagnant there. as daily still bullish and we looking like have to go hard on the supports. tp is 6RR

Note

ranging from 80 buck to 200 bucks at the moment

Note

i have a Dom i can see alot of sellers orders getting absorbed by support limit orders

Note

as long lower low on 15m im ok to hold for now

Note

usually when that happens, if over all trend down, will go down still 60 to 80% of time, unless super strong support/resistance, but just abit choppy

Note

+450, more then 1 RR now

Note

changing TP to 2000.97

Note

incase of sudden big drop, but will see every 1hr candle still to manual sell or trim

Note

saw 1300 lol for 2 secs

Note

reduced sl by half

Note

next 1 or 2 attempts to go down, i'll take it

Note

15 chart, 2 downs, if 1hr 1 time, but will look more on 1hr candles.

Note

1040 now

Note

seems got absorbed, but i think london still has volume to sell

Note

it went to 3.2 RR just now

Note

tp 2000.97 is over 10RR

Note

if sellers decide to sell, its actually pretty hallow till tp. its not too strong supports. as long holds around this area.

Note

"26 minutes ago
Comment:
incase of sudden big drop, but will see every 1hr candle still to manual sell or trim"

lol pretty spot on that drop lol. just was hoping bigger, was worried it would be too fast

Note

back to 1050

Note

i might close it soon if not drop soon

Note

will watch this 1hr candle close on xau, spinning top im putting sl to profit above 15m swing wick high

Note

next down maybe i let go. see how low it goes. if very low, maybe i'll hold or just trimm

Trade closed manually

out 900 profit, about 2.7RR

Note

will still look to short thou

Note

2026.59 will look for any resistance to short again

Note

im not in yet. maybe will wait for USA pump and dump

Note

thinking of Longing GJ on this 15m close lets see.

Note

if hammer candle i might give it a shot. spinning top. not too sure

Note

im in not best entry on GJ

Note

sl 183.419 tp 184.275

Note

it was a spnning top. so i will be more careful. i think GJ took a big retracement but i think have chance still to pump

Note

lowered sl abit for GJ, gpb usd is the one who pumped,

usd JP we on a support, if breaks might let go gj early too

Note

support broke im out -420

Note

got on xau long trade didn't post, as too fast, also i don't recogmend, when uk is selling. about 900 now

Note

sold at 300 bucks, damn, saw 1500, today, saw over 1k 3 times. didn't sell. should have remembered mondays to be more careful. only 1 nice win at 900 bucks on the first short i posted. the rest pretty lousy, or didn't sell.

Note

im stil looking to long on xau, but maybe with a better entry

Note

i wanted abit lower, but im looking for some bullish signs here too. then im going in for probably last trade of today

Note

im in, looking to sell at previous 15m top or higher

Note

my sl is very tight, so i'll be watching this trade carefully

Note

sl at 2025.15

Note

just saw 4hr horrible candle. will be more careful. maybe sell early

Note

got out at draw

Note

not going to force it, hard trades guys mondays man, market wants to see direction. thats it for me today, boring day, saw over 1k 3 times, had 1 good sell. if not would have got slapped. lets see tmw

Note

"7 hours ago
Comment:
im in, looking to sell at previous 15m top or higher"

lol, my strat was good, it went back to previous top, just entered too early. thats trading folks would have gotten a 4 RR.

will look for some trades today, i prefer tuesdays and wednesdays.

Note

"16 hours ago
Comment:
i wanted abit lower, but im looking for some bullish signs here too. then im going in for probably last trade of today
16 hours ago
Comment:
im in, looking to sell at previous 15m top or higher""

lol, guess greed does pay off some times, if hold, would be nice profit. didn't like that trade as it was against trend, like catching knifes. plus my mental state wasn't so good already, missing out on over 3k profits not selling.

2044.23, im still looking to short there on xau, if have some resistance on 1hr charts. maybe with 15m hammer candle down i'll enter a short. tp maybe 15m swing low as long as there is at least 2RR room to profit

Note

missed xau trade too. wanted to short jus tnow. but missed entry. to short. 44.23 maybe too high, if we get lower high here, i'll look to short it.

Note

damn would have won xau, wasn't watching, not too bad to miss, so far is 1.85RR trade. hopefull goes back up, maybe will do a abcde trade short toa all the way back down or lower

Note

yep, i missed out on that xau short was same trade as GJ short from that high but even better, as 1hr high was always lower and lower.

Note

upset about this xau move, was watching it for so long, oh well. myself to blame, 4RR at the moment. would have had over 2k win even with that 360 bucks loss

Formedzeus

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

Also on:

Formedzeus

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

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.