blackman007:



Gold is selling nicely �

Sure but I'm out to scalp again, made 500 plus scalping on that 30 minutes candle on a nairalander account I connect yesterday ( asked not to mention her ID ) I posted screen below for the person saying gold refused to obey that call, I won't post no more screen as its against my trading ethnic, I posted to show I practice what i preach.

Ummuaisha:



Gold refuse to obey that call

Gold is selling, you expecting it just dash down as you placed sell? Check the 4 hours candle, no lower shadow yet, so its going to sell to Form that, Regards.
lower shadow just formed in 4 hours candle on Gold, ride about to continue and my units are doing gold in our trust funds on dax

Sell Gold at current price 1573 and plan you exits yourself, do not forget stops

Are you guys sleeping while the market is doing good? Learn to be a Early Bird Trader.

Gold doing just good.

Sell Euro/Usd at current market price 1.10640, please plan your exits as I do not give out exit points, I scalp out profits, Regards.

Sell on GBP yesterday reminds me back in 2008 when daily candle use to go over 700 pips on GBP.

Gold Bears continue to overrun the Bulls, but while selling or if you are selling Gold as a Long timer and not scalping, becareful and take profits as soon as possible and do not forget to add stops if you don't use auto exitors. Gold have formed a good down on monthly Candle for lower shadow, and might deep even more today.

Face Euro/ USD Sell

Scalping continues on Gold, I will be trading more of EURO/USD on Retail FX accounts today, as Bears will be over running the Bulls today.

saxy4c:
Closing, buying, selling....there is nothing like correlation point.

You are just incomprehensible, I see you need to be taught from scratch.

Simple where did I say closing, you are beating around the Bush as usual.

saxy4c:


Guy stop na?

Then tell me where I wrote I was closing. I simply said that point is best safe place to sell gold and where did you see closing?

clovislouis:
financially.

Seriously in a public forum?

saxy4c:
You said you were closing at a corelation point, nothing like that abeg. I'm tired.

Please don't twist my words as I see you are fond of that, I said best place to sell is at the correction point, 1580 on Gold, maybe I should 've spelling things out in a drawing board for you to understand, correction point of gold I said equals to the price point, in case I use this next time I hope you don't get confuse and please follow that link to learn much about, I can't keep explaining to avoid spambot again

saxy4c:
I should read about market correlation? Ok boss. You said correlation point which I'm sure theres nothing in the markets like that and you'd never find in the whole of even mighty google.
Correlation can never be a point, and you can't refer to it with a single pair in mind. It must always be associated with 2pairs as one would be positively or negatively related to the other.
Except you're trying to mention Inflection or correction points where you expect market to make some corrections. These things are basics in this business [I'm still going to go to babypips this weekend though]

I did a very good detailed reply to this your post, but too bad spambot deleted and banned me for hours, since you don't know what is correlation of the market and can't find it, let me make it easier for you

https://www.babypips.com/learn/forex/what-is-currency-correlation

beejaay:

why will anyone wanna buy gold midterm to longterm when all point to the downside.... the last bull run was just for the smart money to cover there exposure which have been done already, everything is set for the down move in few days it will become glaring except some swan event occurs, for now fundamentals will be favouring equity market as uncertainty of the coronavirus is getting taking care of and britain economy will start getting clearer...

the high of January is going to be the top for the 1st and probably the second quarter, a cyclical movement is almost formed on the 4hrs chart which have proven to be a potent market signal....

na just my observation oooo not a trade call, market could rubbish it all and do its thing...

Your reply came too late after the momentum of above discussion is far gone.

Finally I'm back, spambot felt with me trying to reply sax4

clovislouis:
Bros help ur brother

Help how? I don't understand you.

0k

saxy4c:
I should read about market correlation? Ok boss. You said correlation point which I'm sure theres nothing in the markets like that and you'd never find in the whole of even mighty google.
But advice taken. Off to babypips I go again, where are the newbies that'd join me?

You just want me to keep explaining everything to you in a drawing board, correction point is where the reversal of the market can takes place, I gave you the point (price) 1580 Safe place to sell gold.

GBP/USD CORRELATION POINT WAS 1.31687 for selling.

saxy4c:
I'm very open to learning and would try to pay more attention to your posts sir.

Also try and read about market correlation on babypips.com it will explain to you better than me that don't have the time to explain, all my focus are in Dax and Gold at the moment.

saxy4c:
It's your quotes I just requoted man, would I quote and highlight what you posted earlier if I didn't read it to the point of understanding? You for at least try give us heads up with your entries and exits so we can try follow up abi os the scalping for 2pips?
What does "Sell on correlation" mean please?

Then you don't understand my posts.

As for correlation, at the current price the market is, its at correlation point, 1580 and best place to sell

saxy4c:

It's going to be difficult to relate what you stated above only yesterday and what you've quoted below now. Two extremes, although I urge you to never be definite in these markets even I could be wrong [but hardly with Gold sha ]
You don't notice the news I post from time to time which I put together to form a bias for my direction? I pay attention to fundamentals bro but I'm purely technical in my entries, I'm very risk averse so I love to take trades at points with minimal drawdown and high potential to move. How do you make assertions like "Bears have run the bulls already". What indications have brought your bias to such precipice?
So you don't use my kind of charts and lines and don't do technicals, you just do your news feeds and inside info trading, how has Bollinger Bands come about now? You wan join us ni ? No go waste your subscription oh!
Well I'm highly of the opinion [of course I expect to be wrong most times] that Gold is on it's way to reverse this down day and probably create a new high to around 1600. I wish you good in your selling.

Let me summarize for you, because I don't know if you deliberately skip my replies to you or you don't just see it.

on Friday you said selling Gold, I told you we are all buying and expecting higher high till the Monthly candle of February closes.

Yesterday you asked which direction Gold will continue, I told you I don't know, it may jump up or down once market opens, and I'm not placing any buy to scalp if I do not see the Monthly candle of this month form lower shadow, and today the down trend is doing just that for the Monthly candle to Form lower shadow in anticipation if uptrend, as for today, I'm not scalp any buy on Gold, but sell, I will only keep taking those sells on correlation which is very safe for us.

CollinsWeGlobe:
Comma join me

Your face never still fresh after all the meats you done chop and time you dey Greece, Weston happen, Abi Na railway you dey sleep? Lol Na joke o, Try and come to Luxemburg, I fit show you inner corners as a naija you be but weekends, Bills on me.

Correlation on Gold again, selling to scalp

signalsmedia:
from ur posts, u seem to be bullish long term, so where(price range) do you see the bulls stepping in?

We are waiting for bull but definately not today, Bears have overrun the Bulls already, the bears may continue tomorrow but lets see how it closes today first. If you are using bollinger bangs, check your bangs on gold, Regards.

signalsmedia:
remember u are a scalper,

Yes I'm, but scalp in market verified directions, gold down for the day, I see no bull.

Gold Bears continues, if you catched that correlation, you should make be in profits on the next down movement

Ignore the last quote it was duplicated

saxy4c:
I don't get your methods guy, you're doing what my Ogas do oh. At 1589, you say go for a buy that orders could be gathered there to break up which I vehemently contested.
Now 170pips down where it has come to gather momentum for a big push as earlier explained, you now advice sell?
Let the market finish its story, so we see.

Don't based you calls on one side, did you remember were I wrote that before buying I most wait for monthly lower shadow to Form? Don't go and buy and let the market use you to Form that lower shadow and hit your stops, we all are selling at the moment while waiting to hit buy buttons, but buying today? We are out of that option for now.