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  • #14,561
  • Aug 3, 2023 6:12am Aug 3, 2023 6:12am
Quoting MrFanciful
In just over an hour 5 fewer people than expected will have been added to unemployment and the DXY will hit 104
You've got a serious agenda with the US economy
  • #14,562
  • Aug 3, 2023 6:13am Aug 3, 2023 6:13am
Quoting MrFanciful
In just over an hour 5 fewer people than expected will have been added to unemployment and the DXY will hit 104
____________ sooo help these ppl Mr. fancy , thats an Order ! - ---BTW dxy is oll Crap = AI is d way to go NowaDays IMHO
Don’t focus on making $$$, focus on protecting what you have.
  • #14,563
  • Aug 3, 2023 6:23am Aug 3, 2023 6:23am
I entered a buy at 1933.23 tp 1936.23, just as it went up. i set be. then it went down and it went up.. shucks.
Trading is very lonely
  • #14,564
  • Aug 3, 2023 6:24am Aug 3, 2023 6:24am
Quoting d1zzy
{quote} You've got a serious agenda with the US economy
Only because I see the writing on the wall for all Western economies. It only took 7 years for the Roman empire to collapse, largely due to inflation of the money supply (back then by coin clipping and substituing metals in the coins in order to make more coins). They did it largely becuase of the ever increasing cost of running their empire.

The world is turning their backs on the West, and in particular the US.

There is no way the US economy can survive their debt burden now. Forgeign governments don't want it anymore which is one of the reasons Yellen went to China, and failed and so the had to send the 100 year old Kissinger. The world knows they will never get their money back if they lend it to the US so they're stopping. The only place left for the government to borrow from is the Fed, and now they don't have a debt ceiling to wrry about (yes it's "temporary" but Nixon taking them off the gold standard in 1971 was also "temporary" but it's never gone back on). The debt ceiling will never be reinstated and the ed will have to keep printing in exponential amounts at ever increasing interest rates.

The US, and pretty much all of the West, is heading for societal collapse and hyper-inflation.

It is the inevitable consequence of living beyond our means on the future tax-payers credit card.
  • #14,565
  • Aug 3, 2023 6:24am Aug 3, 2023 6:24am
Quoting luckytujuh
I entered a buy at 1933.23 tp 1936.23, just as it went up. i set be. then it went down and it went up.. shucks.
You lack confidence in your trades.
  • #14,566
  • Aug 3, 2023 6:27am Aug 3, 2023 6:27am
Quoting d1zzy
{quote} You lack confidence in your trades.
I know man, but im just going for a risk-free consistent trades. maybe ny session be better for me
Trading is very lonely
  • #14,567
  • Aug 3, 2023 6:29am Aug 3, 2023 6:29am
Quoting MrFanciful
{quote} Only because I see the writing on the wall for all Western economies. It only took 7 years for the Roman empire to collapse, largely due to inflation of the money supply (back then by coin clipping and substituing metals in the coins in order to make more coins). They did it largely becuase of the ever increasing cost of running their empire. The world is turning their backs on the West, and in particular the US. There is no way the US economy can survive their debt burden now. Forgeign governments don't want it anymore which is one of the...
I agree with your sentiments. China, Russia, India maybe even Brazil are taking over world economy. Right now though as a trader I'm just following the numbers and banking the $$$
  • #14,568
  • Aug 3, 2023 6:31am Aug 3, 2023 6:31am
Quoting profits7
{quote} ____________ sooo help these ppl Mr. fancy , thats an Order ! - ---BTW dxy is oll Crap = AI is d way to go NowaDays IMHO
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Don’t focus on making $$$, focus on protecting what you have.
  • #14,569
  • Aug 3, 2023 6:33am Aug 3, 2023 6:33am
Quoting luckytujuh
{quote} I know man, but im just going for a risk-free consistent trades. maybe ny session be better for me
Friendly advice - maybe you don't want to hear this. But trade demo until you get your analysis in order and build your confidence up, double your demo equity and then switch to a live account. Back test your theories/strategies on TradingView to learn, or run a trade on demo when you see it going the right way re-enter on your live. Or you just burning money bruv
  • #14,570
  • Aug 3, 2023 6:34am Aug 3, 2023 6:34am
The reason I switched from trading GBPUSD to XAUUSD is because all fiat currencies go to zero eventually. Every single one.

Gold will never go to zero. As Maneco64 on YouTube put it: There is a reason why the top prize is always a golden one. You get a gold medal for coming first place, not a Dollar Medal or a 10-Year Treasury Medal.
  • #14,571
  • Aug 3, 2023 6:40am Aug 3, 2023 6:40am
Honestly speaking, we are years away from fiat currencies going to zero
  • #14,572
  • Aug 3, 2023 6:44am Aug 3, 2023 6:44am
Quoting luckytujuh
{quote} I know man, but im just going for a risk-free consistent trades. maybe ny session be better for me
Testing on a demo account enables you to experiment with various approaches and identify potential weaknesses in your strategy without risking real money. Once you are confident in your results, you can proceed to a live account
  • #14,573
  • Aug 3, 2023 6:44am Aug 3, 2023 6:44am
Quoting d1zzy
Honestly speaking, we are years away from fiat currencies going to zero


________ Xpect D unXpected , just my 2 cents$
Don’t focus on making $$$, focus on protecting what you have.
  • #14,574
  • Edited 9:46am Aug 3, 2023 6:47am | Edited 9:46am
Updated this file and made it more accessible in one page.
It's made so, for slow growth and consistency.

Hope you guys like it

*changes
-LOWER risk lots
-LOWER target
-applicable to all accounts of any size
Attached File(s)
File Type: xlsx LOW RISK STRATEGY 4.0.xlsx   15 KB | 419 downloads
Trading is very lonely
  • #14,575
  • Aug 3, 2023 6:52am Aug 3, 2023 6:52am
Inserted Video
  • #14,576
  • Aug 3, 2023 7:02am Aug 3, 2023 7:02am
I don't care whether you're bullish or bearish...Today's price action is just bullshit.
  • #14,577
  • Aug 3, 2023 7:20am Aug 3, 2023 7:20am
Just my 3cents on GOLD....... Dont follow blindly --- do your own DD if you like this setup and above all manage yourfuckin RISK. I DONT ALWAYS GET IT RIGHT
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-08-03 at 13.18.29.png Size: 48 KB
  • #14,578
  • Aug 3, 2023 7:22am Aug 3, 2023 7:22am
Quoting T721
Just my 3cents on GOLD....... Dont follow blindly --- do your own DD if you like this setup and above all manage yourfuckin RISK. I DONT ALWAYS GET IT RIGHT {image}
Will follow blindly,same setup...

Target1:1942

Happy trading
Its all about Timing!!!
  • #14,579
  • Aug 3, 2023 7:22am Aug 3, 2023 7:22am
Gold is trading almost at lowest at 1931.50$
Gold needs to breach 1924$ in order to restart weakness.
Below 1924$ , I am expecting 1905$ and 1890$
Resistance still stands at 1955$
  • #14,580
  • Aug 3, 2023 7:27am Aug 3, 2023 7:27am
Quoting Murugesh29
{quote} Will follow blindly,same setup... Target1:1942 Happy trading
The target is way higher if i get it right... do not be banking at 42. You need to let the trade develop. If it gets to 1942 put it to breakeven and give it a chance
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