macd & rsi wrote: Wed Nov 19, 2025 8:25 pm USD / CAD :

SELL @ 1.40 -- 1.403

STOP @ 1.4080

Hallo MACD&RSI
Hope you are doing well. Im trying to learn from your charts.
If i can ask, how did/would you mark up the chart for this trade, if its technical based?

Abdi wrote: Wed Nov 19, 2025 9:05 pm Hallo MACD&RSI
Hope you are doing well. Im trying to learn from your charts.
If i can ask, how did/would you mark up the chart for this trade, if its technical based?

Hello Dera Abdi ,

My analysis is shown in the chart. It is based on a weekly support level, which I have marked with a green rectangle, and a pattern that I believe represents a King's Crown.
When that support level was broken, I placed a sell order close to that level.
The chart was also in a reversal mode in terms of Fibonacci levels and wave counting.

===============

However, in my opinion, my analysis was wrong, and that break of the level was a big players’ move to take advantage of market fluctuations.

XAU / USD :

If the price closes below the 4040 level on the 4-hour chart, it would indicate the following trade :

SELL @ 4040 -- 4060

stop @ 4140

macd & rsi wrote: Thu Nov 20, 2025 2:00 pm Hello Dera Abdi ,

My analysis is shown in the chart. It is based on a weekly support level, which I have marked with a green rectangle, and a pattern that I believe represents a King's Crown.
When that support level was broken, I placed a sell order close to that level.
The chart was also in a reversal mode in terms of Fibonacci levels and wave counting.

===============

However, in my opinion, my analysis was wrong, and that break of the level was a big players’ move to take advantage of market fluctuations.

Thank you very much for elaborating. There is a lot to learn here.
The entry was very close to the monthly open. Do you put any weight in the the monthly, weekly or daily open levels?

For the record, i didn't want to point out the losing trade. I also was looking fo a continuation to the downside.

Abdi wrote: Thu Nov 20, 2025 10:49 pm Thank you very much for elaborating. There is a lot to learn here.
The entry was very close to the monthly open. Do you put any weight in the the monthly, weekly or daily open levels?

For the record, i didn't want to point out the losing trade. I also was looking fo a continuation to the downside.

The monthly candlestick is not of particular importance to me since I operate as a retail trader rather than as a high-capital investor. I typically refrain from analyzing weekly or monthly charts, focusing instead on the 4-hour and, at most, the daily timeframe. The “green weekly rectangle” refers simply to the range where the price moved for one week, rather than to the weekly timeframe in a technical sense.

I would like to emphasize that in the forex market, losses are an inherent and inevitable part of trading as well as achieving profits. I tend to focus more on my losses, as they teach me valuable lessons in patience and accuracy while helping me avoid overconfidence. Hence, there is no problem whatsoever in analyzing or discussing a losing position that has hit its stop loss.

Regarding the Canadian dollar, I expect the price to decline toward 1.4030 — which corresponds to the 50% Fibonacci retracement level. The pair moved up quite sharply last night, but at the moment, I don’t see any clear buying or selling opportunities on this currency pair.

A highly risky trade that requires strict money management.

XAU / USD :

BUY @ 4070 -- 4080

STOP @ 3995

macd & rsi wrote: Fri Nov 21, 2025 1:21 am The monthly candlestick is not of particular importance to me since I operate as a retail trader rather than as a high-capital investor. I typically refrain from analyzing weekly or monthly charts, focusing instead on the 4-hour and, at most, the daily timeframe. The “green weekly rectangle” refers simply to the range where the price moved for one week, rather than to the weekly timeframe in a technical sense.

I would like to emphasize that in the forex market, losses are an inherent and inevitable part of trading as well as achieving profits. I tend to focus more on my losses, as they teach me valuable lessons in patience and accuracy while helping me avoid overconfidence. Hence, there is no problem whatsoever in analyzing or discussing a losing position that has hit its stop loss.

Regarding the Canadian dollar, I expect the price to decline toward 1.4030 — which corresponds to the 50% Fibonacci retracement level. The pair moved up quite sharply last night, but at the moment, I don’t see any clear buying or selling opportunities on this currency pair.

I understand now. Thank you for the further explanation. I resonate with everything you said about dealing with losses.

macd & rsi wrote: Fri Nov 21, 2025 1:24 am A highly risky trade that requires strict money management.

XAU / USD :

BUY @ 4070 -- 4080

STOP @ 3995

It got closed @ 4060

macd & rsi wrote: Tue Nov 18, 2025 6:31 pm When I posted those analysis, most of the posts on Telegram and Twitter (X) were about the alt season in the crypto market, and various “magic” numbers were being shared.
The reason why many well-known writers and experienced traders talk about “independent trader analysis” is exactly this. If I were easily influenced by others, I would have easily lost my capital in the Forex market.

The reason for writing these sentences is not, by any means, to show off my analysis.
My only goal is for young traders to understand that analysis is a professional and demanding task that requires study and experience. And precisely for this reason, it is usually not easily or freely available in the investment market.

Therefore, beginner traders should put in their best effort and, through studying reputable books and reliable sources, make themselves independent of the worthless analyses circulating on Telegram and Twitter (X).
I hope you continue to progress day by day, provide more professional and highly reliable analyses, and always remain profitable.

And finally, I’d like to add this: don’t be fooled by people’s names — maintain the independence of your own analysis.

Well said Mrs. MACD very solid advice for all traders. This is a must-read.