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- redbars replied Aug 30, 2023
Was just about to say its not looking so hot right now haha. The moment I see a push back out im out, bulls look real stubborn right now.
Gold
- redbars replied Aug 30, 2023
Respected previous high, I am looking for a run down to 1938 - 1941 FVG to see how price behaves, in a small short @1947
Gold
- redbars replied Aug 29, 2023
Tell you what usd/jpy looks like it could be a good trade for longs, I think a floor has been formed, if data allows it we could rip to fresh highs. Looks ready to rally..
Gold
- redbars replied Aug 28, 2023
Ok so today we saw 1912-1914 level being respected, short term Asian resistance at 1918 has been violated along with last weeks high at 1923, we have now come down and bounced off of 1917. This looks bullish short term, but I'm still not convinced, ...
Gold
- redbars replied Aug 27, 2023
Man i really wanted to see a break below 1914 in Asia to give my trade some cushion for frankfurt, I'm concerned they might sweep again in the mid 20's before heading back down. want to see a clear break below 1900's this week plz ty, nfp should be ...
Gold
- redbars replied Aug 25, 2023
Suddenly I want to be a bearish swing trader
my broker takes it away from profits, I've held positions overnight but RARELY longer than 2 days, thanks for the info.Gold
- redbars replied Aug 25, 2023
Man I wish I had the confidence and knowledge to short when it was in the high 20's, living off of swap fees
A question: do swap fees just continue to be added as long as the trade is open? Or is there some kind of hard limit? Never ...Gold
- redbars replied Aug 24, 2023
Frankfurt will push price down to 1904-1908 and we rally from there or we rally now at Frankfurt open and push down at nye. I'm bearish going into today, but I know full well we can see some shady shit going on as liquidity is king, whatever gets ...
Gold
- redbars replied Aug 24, 2023
Ok I'm going to put my tinfoil hat on and predict gold to stay stable here, ranging, we might see a small push upwards, but I think mm's want sell side liquidity, for tomorrow's obvious sell off
*removes tinfoil hat* Edit: ...Gold
- redbars replied Aug 23, 2023
Ok, so I personally believe this is not 'it' we might see a bullish week in general, but I think macro definitely supports dollar, it might be wise to take small shorts periodically as price rises, this rally may be short lived... atleast im ...
Gold
- redbars replied Aug 22, 2023
And unfortunately not everyone holds the same values, gold will always be relevant in this world regardless of political groups/agendas.
Gold
- redbars replied Aug 22, 2023
Going to look for one more blowout and then a short for 1902 -1903 area, even if this is genuinly bullish (I think this is just a recovery rally imo) I can't see it going into the 1910's.. And to think this is going uponly is naive, ny will want a ...
Gold
- redbars replied Aug 20, 2023
I have been waiting for a bullish response like this for ages, but I'm trying to get my head around what exactly is causing this, is it just to shake out shorts, is it because we are fucked, or is it because we have just hit real support now...
Gold
- redbars replied Aug 18, 2023
Forgive me for my possible ignorance, but wouldn't a financial crisis in Asia actually strengthen the dollar? Wouldn't people flock to it for safety/security? The only argument is the yen growing in strength but with the return the dollar gives its ...
Gold
- redbars replied May 15, 2023
Another day when gold should be rallying, another day when price is suppressed. Maybe I'm too bullish, but the macro looks like shit, the recent news is shit, people are losing jobs, production going down, credit getting tighter, banks collapsing, ...
Gold
- redbars replied May 4, 2023
I might be getting my hopes up here but the yen is getting very strong vs other pairs, it is moving stronger than the us and gbp/euro, this could be mm, but with recent events in the us this might be a sign of things to come, people are getting out ...
Cable Update (GBPUSD)
- redbars replied Apr 24, 2023
I just feel right now that GU is moving alot weaker than gold and euro pairs, pa is shite too. May have to put this pair aside until it starts behaving.
Cable Update (GBPUSD)