Short trade with quick possible scenario for sell image

Gold with No Drama

if you cant wait then you can buy from here and see if it will work for you or for market lol... you have much money to loose i think lol. Anyway you can wait for the retest of today's low for quick buy for some pips. Its bearish atm and hoping for ...

Gold with No Drama

All trades were closed, these should have been closed yesterday any no worries. I am expecting more down from here if 4050 not hold then might be 3980-3950 or even more low. image

Gold with No Drama

image image

Gold with No Drama

forming lower low and low high on 1hr

Gold with No Drama

image

Gold with No Drama

yep it was rejected multiple times if you see the actual chart and your screenshot then you will get some idea

Gold with No Drama

if this 1hr candle will be closed below the triangle then more down and might be 4010-28 image

Gold with No Drama

which time frame

Gold with No Drama

bcz multiple rejections from this area and top area where he set his TP at low time frame

Gold with No Drama

You are right on your side but my main questin is still there that if i have a trade and waiting for my trade from 2-3 hrs and its in profit of 250 while my targret is 500 then should i set my SL at BE or around 100-120 pips bcz i am not investing ...

Gold with No Drama

Bro BE means and purpose is no profoit and no loss, other things are different like we can set our sl in profit and set SL at that point where we think it will not hit.

Gold with No Drama

Thanks for the response. If i am not wrong most of the trader are here for short term trade of quick 100-150 pips and gold give you in quick time then why BE, trailing stop is good but most of the time it did not work in gold bcz of its quick ...

Gold with No Drama

Thanks bro, if i know the reversal then i should closed my trade lol, if 300 pips ar in profit then why people use BE, SL should be in profit or after 300 pips trade should be closed imo, i know people use trailing stop and BE but mostly dont know ...

Gold with No Drama

Thanks for the reply but my question is still there, if 200-300 pips are in profit then why BE, why not closed the trade with profit bcz my point is if i am waiting for the trade and its going into 200-250 pips in profit then why i need to set my SL ...

Gold with No Drama

I have a question.. can anyone explain me what is BE and we use this BE even 200-300 pips are in profit. Any solid reason bcz we dont want to collect 200-300 pips but feel happy to close at no profit no loss after long wait and spending lot of time. ...

Gold with No Drama

Still moving within this range of 4060-4090, both area are tested multiple times and a proper break from any side will set the direction for time being. I am still bearish and hoping for break of 4050-60 area properly image

Gold with No Drama

Now 4085 is main resistance and 4060 main support for the time, lets see it will retest the 4085-95 or will go down from here. IMO down but lets see image

Gold with No Drama

lol ping pong, buy sell, sell buy, buy sell, our life is around buy and sell only. We know only two colors, RED and GREEN

Gold with No Drama

hahahah use red tissue roll

Gold with No Drama