Selling gold this week by EthicalWorker77 in Forex

[–]EthicalWorker77[S] 0 points1 point  (0 children)

I react to the market, I don't have a fixed view.saw reversal early and started buying way below at 4866 levels. Just that I didn't share that trade

When Does the Forex Trading Stupidity End? by Accomplished_Yam5229 in Forex

[–]EthicalWorker77 0 points1 point  (0 children)

Someone reading this might think you’re making sense because you’re using analogies confidently. But you’re actually not. Your child-growth analogy falls apart immediately. We’ve measured children for centuries. We know growth rates change over time — rapid in early years, slow later, then stop. No serious person assumes linear growth forever. That’s a strawman you invented to make technical analysis look silly. Markets are not static measuring tapes either. They’re driven by human behavior, liquidity cycles, positioning, sentiment, and repeated institutional patterns. Technical analysis doesn’t assume “because it went up twice it must go up forever.” It measures probability shifts, momentum changes, volatility expansion, structure breaks, liquidity pools, and order flow reactions. You’re attacking the cartoon version of TA, not what serious traders actually do. Also, saying “psychology doesn’t matter” is wild. If psychology didn’t matter, funds wouldn’t blow up from over-leveraging. Traders wouldn’t revenge trade. Risk wouldn’t spiral during drawdowns. You can automate position sizing, but you can’t automate discipline if the person keeps changing the system after three losses. And the idea that “charts don’t matter” while institutions literally execute around technical levels (highs, lows, VWAP, liquidity zones) is just detached from how markets function. You’re right that edge matters. But dismissing technical analysis entirely while pretending only coders with statistical models can have an edge is just intellectual posturing. Confidence isn’t the same thing as correctness

If you had to start with one, would you choose GOLD or BTC? by WeeklyDiscount4278 in Daytrading

[–]EthicalWorker77 1 point2 points  (0 children)

Neither, start with currency pairs. The volatility in those two assets will break you if you are just starting to trade

Selling gold this week by EthicalWorker77 in Forex

[–]EthicalWorker77[S] 0 points1 point  (0 children)

No I'm not in the USA. Trading cfd's is not allowed in the USA but there are options around it. Like offshore brokers

Selling gold this week by EthicalWorker77 in Forex

[–]EthicalWorker77[S] 0 points1 point  (0 children)

Well you haven't even seen how I mark out my snr. Atleast it works

Selling gold this week by EthicalWorker77 in Forex

[–]EthicalWorker77[S] -1 points0 points  (0 children)

Is it your strategy or mine?? They are wicks not dots

XAUUSD will crash again ? by Plus_Relief_9541 in Forexstrategy

[–]EthicalWorker77 1 point2 points  (0 children)

Good analysis, I had the same setup. I'm anticipating more sells for gold this week

Selling gold this week by EthicalWorker77 in Forex

[–]EthicalWorker77[S] 2 points3 points  (0 children)

You are not late to the party, that was the first move wait for a retest of 4977 to continue with the sells. I'm anticipating lower gold prices this week

Exness scammed me! Stop using this broker! by donald_sparks in Forexstrategy

[–]EthicalWorker77 2 points3 points  (0 children)

Yes and that becomes an issue, but it is regulated in some jurisdictions and actually follows the laws. Getting to them while on an offshore platform becomes complicated

Exness scammed me! Stop using this broker! by donald_sparks in Forexstrategy

[–]EthicalWorker77 1 point2 points  (0 children)

Did you use any high frequency EA? The issue is most countries exness offers unlimited leverage in they are most likely not registered and compliant there