- Search Metals Mine
- redbars replied Sep 12, 2023
some tomfoolery going on, somebody market sold gold with a big ole' account it seems..
Yes I got fucked by it, I'm sure most of us weren't expecting it..Gold
- redbars replied Sep 8, 2023
Imo this was a perfect fake out, we made some levels of resistance @1927, jumped above so people bought, and sold heavily on buyers straight after. I only just realised that there was also a gap from a few days back that has now been traded into ...
Gold
- redbars replied Sep 8, 2023
Pump n' dump sir, plus 1930 is key rejection level so a break of that would invalidate current bearish structure on lower timeframes, higher timeframe might look like a reversal but I'd argue to say we are in a pullback for further downside, but i ...
Gold
- redbars replied Sep 7, 2023
I must admit seeing the likes of nvidia and apple drop so much in such a short time this week after ath's really does paint a picture for the dollars strength going forward. I don't want to get excited but I feel as though this bubble is bursting. ...
Gold
- redbars replied Sep 7, 2023
Yeah I'm not touching this shit, could go either way.. It does look like sellers are losing steam though, but it could just be to entice buying so they can get fucked by uncle Sam.
Gold
- redbars replied Sep 7, 2023
So although data suggests mild growth, it appears raising rates is working very well, maybe a little too well, we are starting to see a giant weakness in housing. I believe this is now the market pricing cuts in, as it won't be long before something ...
Cable Update (GBPUSD)
- redbars replied Sep 5, 2023
Can you explain a bit further, after looking at the data, it suggests that the uk is performing better than the eu, its actually growing out of a recession whereas eu is fucked, the fed will most likely keep rates as is, and the uk is planning to ...
Cable Update (GBPUSD)
- redbars replied Sep 3, 2023
Someone explain what on earth this is... I get that we have an imbalance but the speed at which this shit is going up is crazy.
Gold
- redbars replied Sep 2, 2023
My plan moving into next week, I expect dollar dominance to continue, expecting a rebalance of the upside to draw buyers again and then a big move down heading into nyo, we have a lovely clean area to trade into for shorts, last weeks rejection felt ...
Gold
- redbars replied Sep 1, 2023
Managed to take a few sells today after nfp, I'm happy, no account blown and some profits, great success!
Gold
- redbars replied Sep 1, 2023
Well I hope one day that can be me, my account size is way too small to be handling the spread and volatility, even if you are correct and get it right the chances are its going to come back down fast, ill stick to slower trading.
Gold
- redbars replied Sep 1, 2023
I honestly amazes me how anybody can be profitable on nfp days, either your brokers execute times are sublime or you are insider trading lmao.
Gold
- redbars replied Sep 1, 2023
Closed with small loss, I don't like this up only movement, good luck to those participating! Feels like a massive trap but I'm not willing to find out.
Gold
- redbars replied Sep 1, 2023
I honestly think it was but there was no conviction for further downside so we just traded in range.
Gold
- redbars replied Sep 1, 2023
In short @ 1943, 1 min bear div, bulls are getting exhausted, news is meh for eu, we've just about respected asia high, tight sl @ 1945, target back down to 1939. Willing to lose some for this, great selling price imo.
Gold
- redbars replied Sep 1, 2023
Ahh nfp day, a day where 2 months profit can be blown in 2 minutes, I will be trading pre and post nfp, I'm expecting negative news for the dollar if I'm being honest, looking for a liquidity sweep lower to 1925s, bulls might completely refuse ...
Gold
- redbars replied Aug 31, 2023
If euro unemployment is bad , could be a catalyst for gold strength in general, it means rate cuts are coming.
Gold
- redbars replied Aug 31, 2023
Nothing about this feels bullish, this feels more like a trap.
Cable Update (GBPUSD)