Hy aditya
What symbol you use for your chart in gold. There are so many around the world and this could be a little bit confusing.
The next confusing thing is the time. I make some post six hours before the market in the States open.
I am at the moment in Europe and there is a time difference from six hours plus to the States and to India also six hours minus.
When I make any decisions on Comex, then it is always from the chart I use at this time in Europe.
If I make comments, I use the daily chart time frame or I use the intraday 5min or 15 min chart.
I use the symbol : GCH10 on the comex in the United States.
I do not look the whole day at this charts ( live is to short and there are other things to do ).
I make my decisions in the early morning in Europe. I then have a look sometimes during the day, what the market does. I do not care too much about this intraday noise. The strategies I have in my head are any way not made for that noise. As you read my last post, it gives you and idea, what I talk about.
I guess, you are more like a future day trader. Please correct me, as you feel I tell some thing wrong.
So we have in this thread two mental different kind of traders and that is why I like this thread so much. Different mental traders which show different views of their ideas and decisions.
Take care and I hope to see more post from you.
DanPickUp