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  • #20,221
  • Oct 1, 2023 11:37am Oct 1, 2023 11:37am
Quoting Hashemite
Anyone who sees potential to trade Gold on high volatile USD news? Usually Gold moves like a lightning on those. Predicting up/down before news comes out can be big.

NFP can be traded based on imbalances that need filling and liquidity grabs, however Id personally avoid, it can do what it wants and often does and leaves people either smiling or crying. for me its not worth the risk, trade it on a demo to see how close you can get but live is too harsh imo unless very experienced and seasoned in how it moves
  • #20,222
  • Oct 1, 2023 12:25pm Oct 1, 2023 12:25pm
Those of y’all thinking this shutdown could be bad news for the dollar need a lesson on fundamentals lol. Even if inflation is around the corner that would still mean bullish for the dollar and bearish for gold. What do you think is the reason for this sudden sell off on gold? Look at the index if anything it’s a retracement before a move higher, if you want to buy anything at a possible inflation situation buy the S&P500.

Y’all gonna lose more money betting on bullish gold and a bearish dollar. Chances are we might see 1700 possibly even 1600 before ever getting close to 2000 lol.

These comments about gold never coming back if it goes over 2000 always makes me laugh
  • #20,223
  • Oct 1, 2023 1:10pm Oct 1, 2023 1:10pm
Quoting d1zzy
Those of y’all thinking this shutdown could be bad news for the dollar need a lesson on fundamentals lol. Even if inflation is around the corner that would still mean bullish for the dollar and bearish for gold. What do you think is the reason for this sudden sell off on gold? Look at the index if anything it’s a retracement before a move higher, if you want to buy anything at a possible inflation situation buy the S&P500. Y’all gonna lose more money betting on bullish gold and a bearish dollar. Chances are we might see 1700 possibly even 1600 before...
Hi D1zzy Do you think it will retrace first or it will head down?
  • #20,224
  • Oct 1, 2023 1:24pm Oct 1, 2023 1:24pm
Quoting Siawosh
{quote} Hi D1zzy Do you think it will retrace first or it will head down?
If you’re talking about gold I can’t tell, I usually enter a hour or two before London opening on the chart on my screen at that particular moment kind sir

edit - scroll up and read fontus or murgesh’s comments
  • #20,225
  • Oct 1, 2023 2:33pm Oct 1, 2023 2:33pm
Quoting d1zzy
Those of y’all thinking this shutdown could be bad news for the dollar need a lesson on fundamentals lol. Even if inflation is around the corner that would still mean bullish for the dollar and bearish for gold. What do you think is the reason for this sudden sell off on gold? Look at the index if anything it’s a retracement before a move higher, if you want to buy anything at a possible inflation situation buy the S&P500. Y’all gonna lose more money betting on bullish gold and a bearish dollar. Chances are we might see 1700 possibly even 1600 before...
I agree with you in monthly we are Bearish we just need to have confirmations to catch the retracement before the waterfall..
  • #20,226
  • Oct 1, 2023 2:41pm Oct 1, 2023 2:41pm
Monthly
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I "ellipsed" september-october(s)...
charting with fxstreet
dolce vita
  • #20,227
  • Oct 1, 2023 2:46pm Oct 1, 2023 2:46pm
Quoting AriusFX
{quote} I agree with you in monthly we are Bearish
pardon me!
dolce vita
  • #20,228
  • Oct 1, 2023 2:52pm Oct 1, 2023 2:52pm
Quoting Murugesh29
{quote} Link in my bio/profile
Wow 48 subscribers in my tele...
Its all about Timing!!!
  • #20,229
  • Oct 1, 2023 2:57pm Oct 1, 2023 2:57pm
Quoting Murugesh29
{quote} Wow 48 subscribers in my tele...

dolce vita
  • #20,230
  • Oct 1, 2023 3:09pm Oct 1, 2023 3:09pm
Quoting Murugesh29
{quote} Wow 48 subscribers in my tele...

___________ soooo soon u can Charge[$$$] them like Mohamad-java on his telegram
Don’t focus on making $$$, focus on protecting what you have.
  • #20,231
  • Edited 4:54pm Oct 1, 2023 3:30pm | Edited 4:54pm
Quoting profits7
_________ post #20,213 = " so thats why i say the guys that just post charts or give levels doesnt mean they even trade them...and if they do they can still lose money using their analysis and you wont know since they wont even say they went long or shor...to them being mysterious and being right and maintaining a facade of a great trader is more important than the embarrasment of a lose or two LOL..." {image}
________________ still from last Fri. , share sume $$$ to D RedCross and I will PM you TP1 + TP2 and possibly TP3

_________________________ check ALL my post = hav givin many9 FREEBEES Already
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Don’t focus on making $$$, focus on protecting what you have.
  • #20,232
  • Oct 1, 2023 5:15pm Oct 1, 2023 5:15pm
Quoting profits7
{quote} ________________ still from last Fri. , share sume $$$ to D RedCross and I will PM you TP1 + TP2 and possibly TP3 _________________________ check ALL my post = hav givin many9 FREEBEES Already {image} {image} {image}

_________________ ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #20,233
  • Oct 1, 2023 5:25pm Oct 1, 2023 5:25pm
Still bearish tho!
It may a retrace a little, 1954-67 area..

Trade safe
Its all about Timing!!!
  • #20,234
  • Edited 6:59pm Oct 1, 2023 6:06pm | Edited 6:59pm
long 1846.72

sl is 1836
tp is 1870


this revenge trade...im not gona let gold get the better of me

after this ill never go long again above a 15 min chart LOL
short trump and go long the deepstate
  • #20,235
  • Oct 1, 2023 7:04pm Oct 1, 2023 7:04pm
Quoting Zebi
long 1846.72 sl is 1836 tp is 1870 this revenge trade...im not gona let gold get the better of me after this ill never go long again above a 15 min chart LOL
If your SL gets hit ( which I think it will) then are you going to go long again?
  • #20,236
  • Oct 1, 2023 7:32pm Oct 1, 2023 7:32pm
Quoting OutThere
{quote} If your SL gets hit ( which I think it will) then are you going to go long again?
dont plan on it but ill post if i do

im counting on gold to get back to 1900 maybe 1920 before starts falling again

gold is bearish on quarterly but the drop since the shutdown nonsense started over last weekend will all get retraced up to sept 25th level like every news item usually does

the trick is to time it right LOL
short trump and go long the deepstate
  • #20,237
  • Oct 1, 2023 7:49pm Oct 1, 2023 7:49pm
" the trick is to time it right LOL " = you need More jungle_juice 4sure
Don’t focus on making $$$, focus on protecting what you have.
  • #20,238
  • Oct 1, 2023 7:55pm Oct 1, 2023 7:55pm
Quoting Zebi
{quote} dont plan on it but ill post if i do im counting on gold to get back to 1900 maybe 1920 before starts falling again gold is bearish on quarterly but the drop since the shutdown nonsense started over last weekend will all get retraced up to sept 25th level like every news item usually does the trick is to time it right LOL
I was looking at H1 but on 15, yes it looks like it will bounce up a bit.
I'm just trying to understand the psyche of traders that use SL and if reentry after SL gets hit will result in sticking with their original assessment (in this case gold will go up) or when SL gets hit, it becomes an all new day again with new analysis or if the trader ends up in a bit of paralysis due to having been proven wrong despite all the good TA that went into the long position.
  • #20,239
  • Oct 1, 2023 7:59pm Oct 1, 2023 7:59pm
Quoting profits7
" the trick is to time it right LOL " = you need More jungle_juice 4sure

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Don’t focus on making $$$, focus on protecting what you have.
  • #20,240
  • Oct 1, 2023 8:01pm Oct 1, 2023 8:01pm
Quoting OutThere
{quote} I was looking at H1 but on 15, yes it looks like it will bounce up a bit. I'm just trying to understand the psyche of traders that use SL and if reentry after SL gets hit will result in sticking with their original assessment (in this case gold will go up) or when SL gets hit, it becomes an all new day again with new analysis or if the trader ends up in a bit of paralysis due to having been proven wrong despite all the good TA that went into the long position.
im bearish but taking a countertrend long so a sl will keep me from becoming an "investor"

depends if someone a swing trader or not
short trump and go long the deepstate
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ondiss