I'm starting to lose hope on this one

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#USDJPY going down nicely. THANK YOU NITSAN.

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All positions protected with break-even SL. Edit: All positions closed at break-even. Seems like its went through the 1H SMA64. Nitsan is right as usual. Longing gold now.

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Sure why not.

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Sure is If it obeys the 1H SMA64 it should bounce back down.

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Loaded some shorts on Gold on this little spike. Hoping to get back to pivot at least. #XAUUSD image PS. Not sure how much effect this has, but the new gold fixing price until 3pm London time is $1283.50

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GBPJPY still following narrowing wedge and bouncing off 12H SMA200. I expect it to continue lower over the next couple of days until it hits the 200SMA. image Bigger picture image

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Closed all Gold positions. I can't risk it falling back down. Will watch closely and only re-enter if it goes back to 1265-1270. #XAUUSD Also GBPJPY just fell out of bed. Or maybe off the edge of the earth. WOW! #GBPJPY

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Its falling and I have no clue whether to take profit now or will it go back higher. I'm worried its still going to try to hit 1270. All positions protected with BE stop loss, but nonetheless, I would hate to let all this profit go. On the other ...

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Nitsan, do you think this will go back lower to 1270? Or are we now going for 13XX ?

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Come on break the 1H SMA14. I wanna go have some fun.

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The USD bears and Gold Bulls are starting to jump on.

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Breached monthly low. The bears are roaring! EDIT: It seems the USD bulls are the ones causing all the movement. Check out all the other USD pairs. PS> In honor of kitty's trading abilities, she is now my avatar.

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Don't think its the data. That was half an hour ago and exactly inline with expectations. It already touched yesterdays low. Next is monthly low 1281.85, lowest since April 3. Then 1278 which is the H12 200SMA. Final destination 1275 area #XAUUSD ...

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Breakout

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Home sales exactly in line with expectations. Back to business as usual. Although it might seem the bears were waiting for this to pounce. #XAUUSD

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Three of us got ousted in the past 24hrs

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Quick warning. USA Home Sales data in 15 minutes. If deviation is big it could push Gold out of its current confluence zone. So be careful with all open positions.

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That's the cTrader platform. I don't use MT4. On cTrader all your orders and open positions are there, you can visually pull the TP and SL also. All visible and apparent. Its a lovely platform if you don't use EA's. Its pure ECN with true interbank ...

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From now on, my cat gets to make one trade a day Looks like gold is bouncing under the SMA14 on H4. I won't trade it now because its still a bit crazy. Got heavy buy orders between 1278-1276. image

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