Nick i am sure whatever you are earning from RUclips is very less comparing the value you are providing to the public . you consistency is outstanding and you are doing a great job . i have nothing to goive back but say thankyou for what you are douiing
"markets can stay irrational for longer than you can stay solvent." A quote so true right now. I think every trader has blown an account at least once trying short something 😢😊
If you are familiar with the Elliott wave, out of 1 2 3 4 5 ABCD we should be peaked at the top of wave 5 and the correction down should be to around 2430 to create "A". Before coming back up
I am in the same page with nick, gold still bullish. Maybe it will pullback, because market need to sweep more buyer stop loss before it move higher. Strong fundamentals always beat technical analysis.
I do feel that gold is overpriced... and i have reasons behind it.....firstly there is a huge difference between anchored vwap line in weekly and the price... i would want it to come near.to it then get into a buy position.... secondly there is a fair value gap around 2080 which it needs to fill before going further up....point number 3... september is very bearish for gold... so i would like to avoid going into a gold trade now... i would wait for October or november when the price has retraced quite a lot and then think of a long setup. in the mean time i have other pairs like silver, us oil and natural gas. I have been a regular viewer of your videos. i agree to almost everything you say. this is just my thought on gold being overbought... however that does not mean i will short gold....
@@kbriaz bond yields = %(x)amount of money that you invested in a bond. For example a 2,000$ bond would yield 200$ at a rate of 10% bond yield per annum
Nick I'm going through this exact same thing you're talking about right now on GBPUSD I sold from 1.29080 and 1.29300 my account is about to be blown 😢😢😢😢
accounts are always there to be blown means the risk is always involved in trading so keep calm write this mistake in your note book and never do this again so you won't blow your next account
I prefer investing in commodities and forex anyways. If you keep up to date with the economic calendar and know what is going on in the currencies you are a far more complete trader. I just wish there was an option to invest in gold against the euro and British pound rather than only against the us dollar.
Hey , could you please advise on where to learn fundamentals, the website you used or the RUclips channel perhaps would be much appreciated, cause eight now on news days if i want to place a position entry i do it an hour prior or after
It's literally going to go up again in the next few days. If the manufacturing and services pmi is down and people expect a double rate cut gold will go to 3000.
@Micfri300 I completely agree... but personally, I was getting a little anxious putting in BUYS in a super overbought market, knowing that a pullback could happen at any moment... I'm still BULLISH
I also got burned this monday bruv. I deposited $100 and lost it the same day T_T. The 15 min candle looks like it's gaining momentum downwards so I immediately joined in selling but it instantly reverses into uptrend the moment I joined in. I guess I just failed to notice the liquidity sweep when it gained momentum downwards so I myself became liquidity. We'll surely do better next time 💪
@@lijhay2889 yea I became liquidity today too lol I guess I got too greedy with my profits at tp 1 and market reversed Next time don't trade with all the 100$ especially if you're trading gold. Keep a seperate account and deposit into your gold accounts everytime that blows. How much should I transfer into the gold account? Check your drawdown last time you had a really good trade on gold and that should roughly be your deposit
I never understood why traders short a uptrend and go long on a downtrend. Who goes against a trend. Thats like stepping outside in a freezing snow storm with shorts..saying the sun will come out soon. Um, dont you see 12 feet of snow out there. Duh
So a guy selling newbi courses is smarter then Druckenmiller and the central banks? How stupid you can say '' what must go down must come up'' do you even know why gold is going up? So smart why not JP morgan hire you and give your courses to JP morgan gradutes? Advice guys, stop watching no bodies for advice, you will never make money that way, they proffit by selling you a dream, that you can never acchive with their product, Warren Buffet didnt watch his videos or buy his courses. Silly people.
First, I don't sell a course. You accused me of only making money "selling a dream", so here is my broker login video showing that I do in fact trade: ruclips.net/video/bEkfJdZo6ng/видео.html Second, you only read the title, assumed my opinion (incorrectly), then went straight to insulting me in the comments section. I'm bullish on gold, and your comments indicate you clearly did not watch the video. I'd ask that you hear people out before being so disrespectful. Have a nice day
Nick you shouldn't be replying this kinds of people, they are only wasting your time. It's obvious the guy doesn't know how to trade profitably hence his stupid talk@@TraderNick
![Megan Thee Stallion - Mamushi (Remix) [feat. TWICE] [Official Audio]](http://i.ytimg.com/vi/5c0_u9PsrsQ/mqdefault.jpg)
Nick i am sure whatever you are earning from RUclips is very less comparing the value you are providing to the public . you consistency is outstanding and you are doing a great job . i have nothing to goive back but say thankyou for what you are douiing
"markets can stay irrational for longer than you can stay solvent." A quote so true right now. I think every trader has blown an account at least once trying short something 😢😊
Nick..your english is just great!! Anyone in world can easily understand..Respect❤
from india
If you are familiar with the Elliott wave, out of 1 2 3 4 5 ABCD we should be peaked at the top of wave 5 and the correction down should be to around 2430 to create "A". Before coming back up
Exactly what i,ve seen too
I am in the same page with nick, gold still bullish. Maybe it will pullback, because market need to sweep more buyer stop loss before it move higher. Strong fundamentals always beat technical analysis.
So basically what will happen are we expecting a strong correction ?
I do feel that gold is overpriced... and i have reasons behind it.....firstly there is a huge difference between anchored vwap line in weekly and the price... i would want it to come near.to it then get into a buy position.... secondly there is a fair value gap around 2080 which it needs to fill before going further up....point number 3... september is very bearish for gold... so i would like to avoid going into a gold trade now... i would wait for October or november when the price has retraced quite a lot and then think of a long setup. in the mean time i have other pairs like silver, us oil and natural gas.
I have been a regular viewer of your videos. i agree to almost everything you say. this is just my thought on gold being overbought...
however that does not mean i will short gold....
Needed to hear this. Currently in drawdown because I betted against an uptrend and it’s not looking good😅
A full video analysis on XAU 💯 thanks Nick !
Using the bond yield rates to measure inflation and interest rates was actually genius thanks for the tip!!!
What does this mean sorry?
@@kbriaz bond yields = %(x)amount of money that you invested in a bond. For example a 2,000$ bond would yield 200$ at a rate of 10% bond yield per annum
Nick I'm going through this exact same thing you're talking about right now on GBPUSD I sold from 1.29080 and 1.29300 my account is about to be blown 😢😢😢😢
😂
@@gorillafly3048why you laighing
😂@@gorillafly3048
Bro how much do you risk per trade???
accounts are always there to be blown means the risk is always involved in trading so keep calm write this mistake in your note book and never do this again so you won't blow your next account
Nick. Is easier sell than buy the best position. Buy is very difficult to find out the best position and sell is easier for 100-200-300 Pips.
got the free edgefinder! Really helped me with my fundamentals :) need to save money for the pro one
Great info as always buddy... Big up to ya...
Great video! The submit button for the free trial won't click. Please help.
..... stays in space 😅
Thanks Nick I really improved fundamentally and looking forward to lifelong journey with u buddy
Three steps forward, one step back.
👍📈📈📈📉📈📈📈📉📈📈📈📉📈📈📈📉📈📈📈📉 consistency
I prefer investing in commodities and forex anyways.
If you keep up to date with the economic calendar and know what is going on in the currencies you are a far more complete trader.
I just wish there was an option to invest in gold against the euro and British pound rather than only against the us dollar.
There is XAUEUR
Hey , could you please advise on where to learn fundamentals, the website you used or the RUclips channel perhaps would be much appreciated, cause eight now on news days if i want to place a position entry i do it an hour prior or after
I have some free playlists on my channel :)
@@TraderNick blessed 🙃 (I did not think of that)
You know what, you are giving false hopes to the people saying it won’t go down but now it’s going down and letting people think to buy
Analysts says gold can reach 3000 to the end of this year. You think thats possible?
That SP500 trade you have is going to 7500 before any pullback. This V shape is just the start
Please be bearish 😢 Gold
If people study 33 year Bull cycles then you can clearly see we are in one. 2009-2042. Everything is going up. Buy buy buy
Thanks for Gold video ❤❤❤❤❤
Yay mostly about Gold instead of the big boy stuff 😅
The funny thing is that Gold really went down and returned to 2500. Maybe What Goes Up comes down then 🙈 Lol
Finally!!! This was long overdue!!!
It's literally going to go up again in the next few days.
If the manufacturing and services pmi is down and people expect a double rate cut gold will go to 3000.
@Micfri300 I completely agree... but personally, I was getting a little anxious putting in BUYS in a super overbought market, knowing that a pullback could happen at any moment... I'm still BULLISH
Hey Nick, your USDCHF short trade is a rockstar!!
I'm no longer in USDCHF, but it really moved!
Good information nick
Weldone Nick
great thanks
Finna get my diddy bucks up
i got burnt doing that exact thing today.... selling gold lol
Take it easy bro,,you'll come back stronger
I also got burned this monday bruv. I deposited $100 and lost it the same day T_T.
The 15 min candle looks like it's gaining momentum downwards so I immediately joined in selling but it instantly reverses into uptrend the moment I joined in. I guess I just failed to notice the liquidity sweep when it gained momentum downwards so I myself became liquidity.
We'll surely do better next time 💪
@@lijhay2889 yea I became liquidity today too lol I guess I got too greedy with my profits at tp 1 and market reversed
Next time don't trade with all the 100$ especially if you're trading gold. Keep a seperate account and deposit into your gold accounts everytime that blows. How much should I transfer into the gold account? Check your drawdown last time you had a really good trade on gold and that should roughly be your deposit
I’m thinking huge rejection to 2420 tmw meeting , JP will surprise everyone 😂
2:00 bro like how you know
I've worked with a lot of traders over the years, seen their common comments/mistakes, and also study retail positioning data!
I never understood why traders short a uptrend and go long on a downtrend.
Who goes against a trend.
Thats like stepping outside in a freezing snow storm with shorts..saying the sun will come out soon.
Um, dont you see 12 feet of snow out there. Duh
Come on. What do you mean downtrend ? It’s wave, and if the price go cheap, it’s time to buy right ? Or it’s expensive it’s time to sell.
There are premium and discount zone, so go long in discount zone, with the tight SL.
Or sell at premium.
The SL will be very tight.
That's what I do !😂 I made money when it came back down😂but I could have made more😢$cad 🇨🇦
First one here💯
😂😂😂😂😂
Third one
So a guy selling newbi courses is smarter then Druckenmiller and the central banks?
How stupid you can say '' what must go down must come up'' do you even know why gold is going up?
So smart why not JP morgan hire you and give your courses to JP morgan gradutes?
Advice guys, stop watching no bodies for advice, you will never make money that way, they proffit
by selling you a dream, that you can never acchive with their product, Warren Buffet didnt watch his videos
or buy his courses. Silly people.
First, I don't sell a course. You accused me of only making money "selling a dream", so here is my broker login video showing that I do in fact trade: ruclips.net/video/bEkfJdZo6ng/видео.html
Second, you only read the title, assumed my opinion (incorrectly), then went straight to insulting me in the comments section. I'm bullish on gold, and your comments indicate you clearly did not watch the video.
I'd ask that you hear people out before being so disrespectful. Have a nice day
Dude did you just blow an account or something so much anger for nothing doesn't make sense, are you okay?😅
You are talking BS. You think you are a whale broker or something like that? He is a good analyst so STFUP.
Nick you shouldn't be replying this kinds of people, they are only wasting your time. It's obvious the guy doesn't know how to trade profitably hence his stupid talk@@TraderNick
Please be bearish 😢 Gold
Please be bearish 😢 Gold