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  • #5,321
  • Feb 28, 2023 10:55am Feb 28, 2023 10:55am
Quoting Ravenfeeder
{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
Sold at 1818,30 . SL at 1820.20 hit.
Sell at 1827,50.
  • #5,322
  • Feb 28, 2023 11:02am Feb 28, 2023 11:02am
It will go down. Overbought + Divergence. Expected to reach 1818,XX soon; 1807-08 later.
  • #5,323
  • Feb 28, 2023 11:31am Feb 28, 2023 11:31am
Sold at 1827,50.
Added Sell 1830,50.
It will drop like lead soon, as the same way it climbed.
  • #5,324
  • Feb 28, 2023 12:59pm Feb 28, 2023 12:59pm
Quoting aahmad29
I am preparing to add short positions between area of 1827-35 with target of 1820(this target can be changed because of movement of CMA 400)
Short from 1827 and 1830 with updated TP 1823
Love for all; Hatred for none.
  • #5,325
  • Feb 28, 2023 1:17pm Feb 28, 2023 1:17pm
Quoting jordiHK
Sold at 1827,50. Added Sell 1830,50. It will drop like lead soon, as the same way it climbed.
If dxy will fall lower, no short on gold in my opinion.
Tomorrow will show , now its time to settle things is needed.
On the other hand, would love to short,but dont want to pay swap and if it will go further up, it will cost more than just Stop.
Time will tell, trade safe
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
Closed two short positions and third one set at BE. Closing for day with 15.7% return.
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Love for all; Hatred for none.
  • #5,327
  • Feb 28, 2023 6:11pm Feb 28, 2023 6:11pm
Here you go. New trading day started. Have a nice profit everyone. My target again is 10% (10% everyday will lead me to 200% profit per month). Lets see what happen.
Love for all; Hatred for none.
  • #5,328
  • Feb 28, 2023 8:50pm Feb 28, 2023 8:50pm
Somebody can explain me it about Gold?
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  • #5,329
  • Feb 28, 2023 9:01pm Feb 28, 2023 9:01pm
Quoting jordiHK
Somebody can explain me it about Gold? {image}
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.
Just follow the trend.
  • #5,330
  • Feb 28, 2023 9:09pm Feb 28, 2023 9:09pm
Now 1830 is resistance, i will sell around 1830,Tp 1820-1825
Spread loyalty, build up business relationship
  • #5,331
  • Feb 28, 2023 9:19pm Feb 28, 2023 9:19pm
Quoting DavidChri
Now 1830 is resistance, i will sell around 1830,Tp 1820-1825
SL?
1830 is indeed resistance (probably valid), but the H1 trend has turned, from short to long. Perhaps better timing is needed.
Just follow the trend.
  • #5,332
  • Feb 28, 2023 9:19pm Feb 28, 2023 9:19pm
Quoting lucaswalliam
{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.
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.
  • #5,333
  • Feb 28, 2023 9:25pm Feb 28, 2023 9:25pm
Quoting jordiHK
{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.
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.
Just follow the trend.
  • #5,334
  • Feb 28, 2023 9:28pm Feb 28, 2023 9:28pm
Quoting lucaswalliam
{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.
Agree with your words, but reasons help to take better decisions... . And when market doesn't behave as expected... I try to find them to learn for next time.
  • #5,335
  • Feb 28, 2023 9:29pm Feb 28, 2023 9:29pm
Still holding shorts 1827,50 and 1830,50.
  • #5,336
  • Feb 28, 2023 9:39pm Feb 28, 2023 9:39pm
We need to wait and see that 1830-32 is going to be resistance with double top or not at H1 timeframe.
Love for all; Hatred for none.
  • #5,337
  • Mar 1, 2023 12:45am Mar 1, 2023 12:45am
Gold long in play.
Now moved SL to BE
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  • #5,338
  • Mar 1, 2023 12:54am Mar 1, 2023 12:54am
Quoting lucaswalliam
{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.
Gold can be so deceiving, it seems we are going up, but for how long until the rally fizzles out? We haven't touched 1800 yet, but moreover, the Death Cross on Daily and Weekly didn't do much then, or is it still in play?... H'mm... Love to see how this unfolds!
"Who Dares Wins"
  • #5,339
  • Mar 1, 2023 1:13am Mar 1, 2023 1:13am
Quoting pundit78
Gold long in play. Now moved SL to BE {image}
At what time did you enter the trade? What were your reasons? If you didn't post at entry, then this is scam
  • #5,340
  • Mar 1, 2023 1:20am Mar 1, 2023 1:20am
Quoting lucaswalliam
{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.
Best explanation..
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