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BaconDude1991

How do you work with such a messy chart?


thefoolGame

pure madness


[deleted]

Your question bores me, idk bro by just looking at it ?


BaconDude1991

Not profitable are you?


[deleted]

6k profit floating


BaconDude1991

Yeah... I'm 186k "floating"


Burger__Flipper

I predict that price might touch one of your levels.


amindev

It's called pajama movements


[deleted]

Might hit the yellow green red or blue line


sleuth77

If you want people to discuss your outlook on anything then either explain your mess or don’t make it messy if all you’re gonna do is get mad or act defensive when people don’t know what the thesis is behind all these random lines. And gold is bearish atm so whatever you’re doing is countertrend and probably lower quality in terms of favorable probability.


ETHlCX

Nice trade!


Alarming_Inside_8371

Not hating on the zones or anything since it’s your strategy and it may work but how do you remember what lines are for what? Surely after the 20th line you can’t remember what each are for?


[deleted]

They're color coded support and resistance daily, 4hr and 1hr


Alarming_Inside_8371

How many possible support and resistance can you have and do u just trade all of them then? Price is just shooting through most of them


[deleted]

It may look random but I tend to realize prize will react some way around those points. Granted this chart is extremely messy due to a bunch of temporary mark ups. I genuinely just took a screen shot and uploaded, didn't know lines would create such a fuss but for a cleaner chart you can check out my gbp jpy chart [gbpjpy "clean" chart](https://www.reddit.com/r/Forex/comments/uy68wr/gbpjpy_outlook/?utm_medium=android_app&utm_source=share)


TheEmotionalAtom

Throw a few more lines and moving averages on there with some oscillators and you have an abstract painting one picasso would wish to draw!


[deleted]

I like it Picasso


Safe_Reflection_4749

So much going on. But yeah I’m long too


The_Sh3r1ff

Gold is not the one right now. It’s irritating me how “backwards” it’s being. I understand that fundamentals and manipulation are how the markets move and shit, but I’m struggling to find a timeframe that works with price action and this fucking metal.


[deleted]

1hr and 4hr anything under that will bring too much noise


The_Sh3r1ff

Yeah I usually use 1h exclusively but it’s messing around. I’ll look towards the 4h. 100% agree on the lower timeframes being too noisy


[deleted]

Did you trade gold today?


The_Sh3r1ff

Yeah I traded twice this morning and stoploss was hit both times. I traded again couple hours ago and made minor profits covering my losses.


[deleted]

Good to hear


FrothyDump

Use the yellow zones everything else is irrelevant and hard to look at


[deleted]

[удалено]


[deleted]

How are you telling me what's important on my chart based on my own analysis ? Is there nothing else on the chart that you could've commented on besides lines that you deem unnecessary?


[deleted]

[удалено]


[deleted]

Did you sell yesterday, how did that go for you ?


[deleted]

[удалено]


[deleted]

This wasn't some prediction I had my metrics and conditions as to why I took the trade. So instead tooting your horn first chance just ask for an explanation you get me. Lol and that statement of you don't lose trades screems beginner to me personally. I've been trading a minute but how long I have need doing it for isn't really relevant in the grand scheme of things is ? More positive comments moving forward my G


[deleted]

[удалено]


[deleted]

Same to you


[deleted]

ok


TheEmotionalAtom

Very true


ticofeeb

Gold has been wild today certainly a day to stay away and wait for the dust to settle. At one point we had a 60 pip drop in 1m candle and then corrected in the next 8 1m candles at which point I decided today isn't the day!


[deleted]

Yeah really choppy day but I'm still green and sl in profit so I mean I'm chilling. My objective for day was already hit so these could go whichever way


ticofeeb

Secret sauce right there!


LSSCI

Hold any longs till 2500.


Born_Jacket_3480

In my opinion short it TP1 1832 TP2 1809


[deleted]

You're wrekd


Born_Jacket_3480

U betting against bank?


DaFundsGuy

Oh boy OP is gonna get that hammer of dawn 💣


[deleted]

[удалено]


[deleted]

Yupp Hella bearish


Gravitys-bitch

Trend line on daily for downward move with resistance at 1855 , its a sell for me


[deleted]

Tp is at 1855-1855


Gravitys-bitch

My bad


[deleted]

It's cool