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  • #16,601
  • Aug 24, 2023 5:09am Aug 24, 2023 5:09am
Quoting luckytujuh
{quote} it is true what u said, but u see the news tonight is just only unemployment claim, even though red folder. its not the same like nfp data. it wont affect much. so its a risky data to follow. tomorrow news consumer sentiment is even more exciting than tonight news {image}
Remember that US Student Loan repayments and interest charged starts again after a 3 year hiatus. That is going to be a lot of money that people have gotten used to having as disposable, that now won't be used on consumer spending.
  • #16,602
  • Aug 24, 2023 5:11am Aug 24, 2023 5:11am
Quoting luckytujuh
{quote} it is true what u said, but u see the news tonight is just only unemployment claim, even though red folder. its not the same like nfp data. it wont affect much. so its a risky data to follow. tomorrow news consumer sentiment is even more exciting than tonight news {image}
They will see it as a measure of economic strength, together with the good orders data. They will take it seriously I think especially after yesterdays data.

Nevertheless trading will be difficult as the movement can be fast.
  • #16,603
  • Aug 24, 2023 5:12am Aug 24, 2023 5:12am
lets just wait for data and see what it does to the market. tbh an entry now is risky
Trading is very lonely
  • #16,604
  • Aug 24, 2023 5:18am Aug 24, 2023 5:18am
Quoting Ravenfeeder
{quote} well done, you're having a stellar day. To us Bears Gold's being a dick. Lol. Taking its time to collapse.
finally its going down in slow motion
  • #16,605
  • Aug 24, 2023 5:24am Aug 24, 2023 5:24am
Too slow.Closed all
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  • #16,606
  • Edited 7:35am Aug 24, 2023 5:28am | Edited 7:35am
1918 /not below 1917.50 yet, so running short still and no long pending in advance, better let It Start to enter next. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,607
  • Aug 24, 2023 5:39am Aug 24, 2023 5:39am
US economy has been holding up because of the tight labor market and someone just said unemployment claims is not important data

IMO prices have been raised up high so they can drop down like a rock, banks and institutions could collect big profits, let's wait and see or hedge lol.
  • #16,608
  • Aug 24, 2023 6:42am Aug 24, 2023 6:42am
Quoting Mellon
{quote} finally its going down in slow motion

down to take it back up if news is bad for the dollar, probably mop up and could rebalance the 1908-1914 area before targetting 1927-1930

If good for the dollar 1901 area could be target.

Trading today isnt best idea imo with the JH symposium in full swing US time allday and tomorrow, will be some volatile movements
  • #16,609
  • Aug 24, 2023 7:21am Aug 24, 2023 7:21am
Broken 1914.44 and next limit 1905.40 . So target goes to 1910 / 1907 areas. Lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,610
  • Aug 24, 2023 7:40am Aug 24, 2023 7:40am
Quoting fontu
Broken 1914.44 and next limit 1905.40 . So target goes to 1910 / 1907 areas. Lets see

Yep, 1908 looks a nice target now atm
  • #16,611
  • Aug 24, 2023 7:44am Aug 24, 2023 7:44am
Long 1912
TP 1920
  • #16,612
  • Aug 24, 2023 7:44am Aug 24, 2023 7:44am
i just entered on a short position from 1912. should i hold ?
  • #16,613
  • Aug 24, 2023 7:54am Aug 24, 2023 7:54am
Quoting parveenverma
{quote} My chart says that price need to retest 1903-04 before upward move up to 1936,1945. If it will not retrace now then today's employment data can drop it but retest is need of price because as an retracement of a huge upswing. I may be wrong.Trade safe edit:At present price is trading very close to daily resistance level.
Price reacting as per the plan till now.Trade safe Buddies
  • #16,614
  • Aug 24, 2023 7:58am Aug 24, 2023 7:58am
1 small soldier in sell
  • #16,615
  • Aug 24, 2023 8:02am Aug 24, 2023 8:02am
For me on a daily basis the upside reversal is confirmed
  • #16,616
  • Aug 24, 2023 8:05am Aug 24, 2023 8:05am
Quoting S3000
For me on a daily basis the upside reversal is confirmed
You mean it will go down or go up? (Sorry, I am very new to this and trying to learn )
  • #16,617
  • Aug 24, 2023 8:09am Aug 24, 2023 8:09am
Quoting S3000
For me on a daily basis the upside reversal is confirmed

I agree with you. Please guys be careful how you follow every post and analysis here. Do your own analysis, cos I followed some analysis blindly here earlier on., and it was a bad loss for me.
  • #16,618
  • Aug 24, 2023 8:19am Aug 24, 2023 8:19am
Quoting ghostx017
{quote} You mean it will go down or go up? (Sorry, I am very new to this and trying to learn )
It should go up at short term, in the days to come
  • #16,619
  • Aug 24, 2023 8:22am Aug 24, 2023 8:22am
Quoting parveenverma
{quote} Price reacting as per the plan till now.Trade safe Buddies
Hmm, not sure about 1904 though.
I’m getting a light bull signal from my indicators. Longing from 1912.
  • #16,620
  • Aug 24, 2023 8:24am Aug 24, 2023 8:24am
Quoting ghostx017
{quote} You mean it will go down or go up? (Sorry, I am very new to this and trying to learn )
Make sure you learn from the right people, take everything you see here with a grain of salt
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