Probably one of the best videos I’ve watched explaining, helping and giving you information about how to handle XAUUSD/Gold. Thank you Nick. Earned yourself a very happy Subscriber 😄.
LITERALLY a year later and this is SOO informative! I am a straight up beginner at trading and gold caught my eye with how the charts looked (things in my head are just odd) I have been researching and giving my basically all to see how markets work and yadda yadda and your video hit the spot. The way that you explain everything is my language and not a single thing that came out of your mouth was confusing. I am trying my best to become a very profitable trader and am learning ton through others and my own mistakes. Loved this video even tho it was a year ago😄
You're super helpful, Nick! I never thought of changing the stop loss instead of taking profits every now and then. Thanks a lot! I'm a newbie and I'm learning a lot from you! I'm FOREVER grateful to you.
Gold is inversely correlated to the equity market. I often look at how major market indicies are trending to see how gold would act in the opposite direction. Obvious you need to do yo fundamentals and technical analysis Aswell though 😄
What I do is I adjust my SL to a higher level when the price is going up or vice versa. In this case, I can still squeeze some more pips until a big correction comes.
When the guy isnt into trading gold but got asked everytime on daily livestream so he has to make a video about it for y'all haha awsome video as usual!!
I can't even get Gold (AUX) or silver (AUG) to show up, what am I missing? Nothing on the internet, no search terms are answering my question. Please help.
This video is extremely Educational and Deeply insightful.A BIG THANK YOU @TraderNick keep up the good work definitely i would like to see you put out more educational content like this on a Daily basis.Thank YOU.
I was like you, but I'm now learning everything available in You Tube to master forex trading. I'm seeing a lot of improvement and potential passive income. How's your trading so far?
@@TraderNick when you draw trenlines at an angle in your MT4 or 5 it looks like a normal line, like we draw in trading view.. But when I draw a trendline in my MT4, it doesn't look smooth it looks kinda small zigzag lines connected to form a big line
Sorry but i feel like this makes only partly sense. Sure it makes sense if you TRADE the daily chart, which in itself dosent make much sense as it will take longer to obtain a valid sample size of trades, and the daily dosent move any more "safe" than any other timeframe as every timefra is time invariant. Sure it has trended up for a long time, but it dosent really make a difference if you are trading lets say the 1 hour chart. Several of the retracements on the daily chart has lasted for months, which means it makes no sense to only trade with the trend if you trade on the lower timeframes as you should.
I have made a lot of those mistakes you mentioned. You Speak Forex truth.
Bravo! At last I found someone who explains in detail the Xau, being very difficult to trade and sometimes unpredictable.
Probably one of the best videos I’ve watched explaining, helping and giving you information about how to handle XAUUSD/Gold.
Thank you Nick. Earned yourself a very happy Subscriber 😄.
LITERALLY a year later and this is SOO informative! I am a straight up beginner at trading and gold caught my eye with how the charts looked (things in my head are just odd) I have been researching and giving my basically all to see how markets work and yadda yadda and your video hit the spot. The way that you explain everything is my language and not a single thing that came out of your mouth was confusing. I am trying my best to become a very profitable trader and am learning ton through others and my own mistakes. Loved this video even tho it was a year ago😄
all the way from Zimbabwe these are wonderful lessons
You're super helpful, Nick! I never thought of changing the stop loss instead of taking profits every now and then. Thanks a lot! I'm a newbie and I'm learning a lot from you! I'm FOREVER grateful to you.
This was a very informative video TY nick i currently scalp and swing trade gold so i found this very useful keep up the great work!!
nice presentation.. which broker i can use if i use tradingview ?
Gold is inversely correlated to the equity market. I often look at how major market indicies are trending to see how gold would act in the opposite direction. Obvious you need to do yo fundamentals and technical analysis Aswell though 😄
Definitely. Gold is key in global markets!
Let's say if within one week equity mkt is likely to fall because there is some fear of overbought mkt, will the gold rise in such situation?
Very informative and direct teaching on gold
The way I see it is that if you keep buying reverals eventually you will win a big movement.
Wow so easy to understand he makes it so easy to understand
OMG, blowing account has come to an end... thank you
Excellent video. 10/10
Thanks a lot Rolan, really glad you enjoyed!
Very informative and described clearly. Thank you very much.
Excelent explanation about gold, just what I was looking for!
Thank you Nick! Very much appreciated
ABSOLUTELY BRILLIANT!!! 💎💎💎
Which time frame is better to analyse sir
Thanks for this useful video! Can these principles be applied to silver and precious metals?
Hi Nike, thanks for the info, it was very informative. But can you use these strategies on a 5m or 15m chart?
You made it simpler and easier to understand buddy,thanks
useful content! thankyou i am still learning in the Nusantara fx community
This video is extremely helpful and insightful
Finally ....keep going best wishes from Pakistan
Very glad you enjoyed Hudaibia!
Let's say if within one week equity mkt is likely to fall because there is some fear of overbought mkt, will the gold rise in such situation?
thanks Nick. It's very useful
Thank you
I like your honesty behivour
Nice video, Could you suggest some trading platforms where we can trade gold.
I want to know more IAM losing on gold every time
Wow ...
Amazing analysis i gained enough pips today through this video...
Please keep it up analysis on gold...
Thanks 😍😍😍
So glad you caught a nice trade and enjoyed the video Brekhna! Have an awesome day:)
I'm sure I'll also profit next week because of this video. It's been 2 years now. How's your trading tauseef khan?
Hi tradernick, on a daily timeframe, how much leverage should I use? Thank you
Great video , thank you 🙏
How to know time to buy or to sell
Hey! I have videos on that topic. I would encourage you to search "TraderNick" followed by the topic on UA-cam!
@@TraderNick okay
I get follow the trend but don’t most say gold traded in a range ?
Thank you so much nick
What I do is I adjust my SL to a higher level when the price is going up or vice versa. In this case, I can still squeeze some more pips until a big correction comes.
I never thought of this until I watched this video. I was always struggling to open a new trade after scalping in few seconds or a minute or two.
Where can one trade Gold in US? IBKR won't allow it for US residents
hugosway.com/?refid=10233 This is my broker.
@@TraderNick Is it in the US? Does It allow US citizens to trade XAU/USD?
Hi. Why are your trend lines going through the shadows. Won’t it be better to just let it touch the tip of the candles. Just a view.
please... for that retest... at what timeframe should i wait for retest? should it be 1h timeframe? or?
When the guy isnt into trading gold but got asked everytime on daily livestream so he has to make a video about it for y'all haha
awsome video as usual!!
buddy contact me at my email. namiq.haciyev.1998@gmail.com
Namiq Haciyev
Scam spammer idiot
@@cubingwithcarl4572 your absurd mind
The show must go on! It's not my favorite thing to trade, but there are definitely things I've noticed over the years. Thanks for your support Duong!
Duong Kristin are you into trading gold Duong? Thx 😊
how do i trade xau i canr seem to find it in mt4
idk if you found it yet but when adding pairs you should see it under 'Metals'
Hi Nick is it true that Gold (XAU/USD) is correlated to AUD/USD because of the gold refineries? or not really
I can't even get Gold (AUX) or silver (AUG) to show up, what am I missing? Nothing on the internet, no search terms are answering my question. Please help.
If you’re in the US, you may need to use a brokerage that allows gold trading. This is the one I use: act.webull.com/i/JPpwHGBISdMe/xy4/
@TraderNick okay I'll give that a shot thank you 👍
Am confused in hl and hh
Great video
Glad you enjoyed it
Thank you 👍👍👍
Thanks. I found it really true and very useful. Traded Xag and Xau.
What software are you using @TraderNick
what is the drawing tool at the right side of your screen?
SUPER STRATGY
This video is extremely Educational and Deeply insightful.A BIG THANK YOU @TraderNick keep up the good work definitely i would like to see you put out more educational content like this on a Daily basis.Thank YOU.
Hey thanks a lot Donarvon :) Really glad you got something from the video. I'll definitely work to put out more of this sort of content in the future.
Background music is nice!
hey nick, salute 👍
please I can't find xau/usd in my market watch
gold
Am going to write a boook, name will be xausud vs my stoploss. Biggest rivals of all time.
Thanks for this Video ,
Thanks for watching!
thanks for the video. When you say gold is inversely correlated to the USD… you do realize it’s… a pair… (xauusd), right? Ehhe
Thanks Nick
i a kind of new here havent even started just studying what do you mean by pull back, stoploss aked profit
Do what I'm doing. Pause the video and Google any word you don't understand
@@faisalali2001 Correct!
second to commend, time to learn new stuff haha
Thanks for watching Liow, thanks for the support.
Can you please do Nasq TraderNick
I am not able to trade XAUUSD on mt5 demo, anyone have suggestestions to why ?
Try MT4
Trader nick what is your opinion about twin trading and multiple take profits? Why don't you use them?
Hey there! They aren't for me, but not necessarily bad. I just like to look to get out of the trade at one point instead.
i m just loosing my 480 dollar... so could u please help me out from this situation......
im losing 800 usd 😣😣
@@daya3957 ..Ohhhh so sad..... i hope u ll take it back again next time... inshaallah
GOLD 70% TTEND and 30% CORRECTION. so is good and fast
70% TREND and 30%CORRECTION
I was like you, but I'm now learning everything available in You Tube to master forex trading. I'm seeing a lot of improvement and potential passive income.
How's your trading so far?
finally!
You awesome
very nice
hi nick
Gm..sir..
How do you draw smooth trend lines 🤔🤔 my trend lines look pixelated on my pc
Hey there! I'm not sure what you mean exactly.
@@TraderNick when you draw trenlines at an angle in your MT4 or 5 it looks like a normal line, like we draw in trading view.. But when I draw a trendline in my MT4, it doesn't look smooth it looks kinda small zigzag lines connected to form a big line
happy atlast i found some one to free my minde from fighting xAU, THANK YOU VERY MUCH FOR YOUR HELP, you the best be blessed Sirr
Thank you
Nice video
Thank you Namiq! Cheers
Sorry but i feel like this makes only partly sense. Sure it makes sense if you TRADE the daily chart, which in itself dosent make much sense as it will take longer to obtain a valid sample size of trades, and the daily dosent move any more "safe" than any other timeframe as every timefra is time invariant. Sure it has trended up for a long time, but it dosent really make a difference if you are trading lets say the 1 hour chart. Several of the retracements on the daily chart has lasted for months, which means it makes no sense to only trade with the trend if you trade on the lower timeframes as you should.
Can you explain further? I trade with trend and for me it's the best option.
You’re doing a great work you should consider a give away for Us maybe join your VIP free for a month nice giveaway
Don Princey Joel
us or united states?
UK
Good idea Don! Maybe I'll find a way to do giveaways on stream occasionally.
🔥
First to comment
You're the winner!
You talk so fast.
“Bullishness”
Having trade with an expert Is the best in gold option I had lost a lot in trading but since I met him I have profiting more than $60k in a week
what is the drawing tool at the right side of your screen?