Based on average price movements, the market could have dropped a bit deeper. However, I closed my trade for the same reason I do every day: to secure my profits. We entered during the London session, and as I always say, New York reverses or ...

Gold with No Drama

Any idea what a breakout strategy should look like? Don't think trade what your chart plus indicators are showing you. Take out emotions, and trade the trend. What is the major bias?

Gold with No Drama

They were waiting for liquidity and they got it.

EURUSD only

I love gold too

Gold with No Drama

I under stand you. Price is above EMAs. It is safe to stay out, knowing well that gold is overbought on 1HTF

Gold with No Drama

Why should a trader do that? You need to put fundamentals, patterns and structures of such move into consideration...All indicators plus bullish or bearish engulfing candles. Why focus on just gold, when there are beautiful exotic pairs to consider?

Gold with No Drama

Should 4500 gets penetrated downward expect more downward movement, at least around 44..

Gold with No Drama

4500 is strong level to break...simple psychological trading.

Gold with No Drama

Also the EMA 200 must be penetrated before that, today's candle close shall give a clue on the direction. 4500 shall be broken. The bears pressure is high.

Gold with No Drama

What about price structures on H1 to HTF, why use maybe? Trade what you see, not maybe...

Gold with No Drama

Maybe after tomorrow news. FOMC Statement is tomorrow, but i don't see them cutting rate.

Gold with No Drama

It's risky though. What's your SL? Always learn to wait out a candle move.

Gold with No Drama

Fundamentals had its role to play. We should expect a 500 pips

Gold with No Drama

Hello mate, proper communication is important as well. It's good to know you are only sharing your ideas, but also helpful. Rephrasing does no harm but also helps your followers.

Gold with No Drama

You are doing a good job bro!

Gold with No Drama

Rephrased: This pattern has already played out, but here is a quick breakdown: Mark the close of the 1:00 AM NY candle (30m timeframe). A close above or below this level triggers a 'test' of that specific price. This setup is 90% accurate leading up ...

Gold with No Drama

Double Top reaction is possible

Gold with No Drama

He should be removed anyway.

Gold with No Drama

I just wished they can get that dude impeached for Market Sanity sakes.

Gold with No Drama