{quote} Also, you sold, but the US CB confidence data was bad, so now we have to see if 1825 will hold as resistance, thinking of selling at 1824 now after sufficient confirmation
Sell at 1827,50.
- #5,324
- Feb 28, 2023 12:59pm Feb 28, 2023 12:59pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #5,325
- Feb 28, 2023 1:17pm Feb 28, 2023 1:17pm
- Joined Nov 2010 | Status: Moving forward | 2,138 Posts
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return:
-95.4%
- #5,326
- Feb 28, 2023 3:16pm Feb 28, 2023 3:16pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #5,327
- Feb 28, 2023 6:11pm Feb 28, 2023 6:11pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
Somebody can explain me it about Gold?{image}
There must be some other factor that causes this to happen, but that factor can't always be found.
See, that's the trade.
Just follow the trend.
- #5,332
- Feb 28, 2023 9:19pm Feb 28, 2023 9:19pm
{quote} That's normal. The negative correlation between the DXY and GOLD is not that strong. There must be some other factor that causes this to happen, but that factor can't always be found. See, that's the trade.
{quote} If DXY or other currencies are ranging, as an accumulation picture, I could understand. But looks like literally there is huge Volume for bull positions taken between 1823 and 1828. Later I check Volume profile at this prices and it is not so high. So... I cannot find a reason.
The market is always right.
Just follow the market and make the right decision. Don't forget that our goal is to make profits. I don't care about the rest.
Just follow the trend.
- #5,334
- Feb 28, 2023 9:28pm Feb 28, 2023 9:28pm
{quote} My point, the reason is not the most important. We can't even find the real reasons for any of the ups and downs. The market is always right. Just follow the market and make the right decision. Don't forget that our goal is to make profits. I don't care about the rest.
. And when market doesn't behave as expected... I try to find them to learn for next time.
- #5,336
- Feb 28, 2023 9:39pm Feb 28, 2023 9:39pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
{quote} That's normal. The negative correlation between the DXY and GOLD is not that strong. There must be some other factor that causes this to happen, but that factor can't always be found. See, that's the trade.
"Who Dares Wins"
- #5,340
- Mar 1, 2023 1:20am Mar 1, 2023 1:20am
{quote} That's normal. The negative correlation between the DXY and GOLD is not that strong. There must be some other factor that causes this to happen, but that factor can't always be found. See, that's the trade.
.