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  • #37,821
  • Aug 12, 2024 9:23am Aug 12, 2024 9:23am
Added a tiny bit more Longs at 27.6$ just now as well. That should be it for now and I probably won't be adding any more Longs at least until Silver is above 28$.
  • #37,822
  • Aug 12, 2024 9:27am Aug 12, 2024 9:27am
Quoting steffile
{quote} taking profit a part of them, I still leave some for the higher prices
____________ I still hav these Mfukkers =
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Don’t focus on making $$$, focus on protecting what you have.
  • #37,823
  • Aug 12, 2024 9:30am Aug 12, 2024 9:30am
2452.57 in focus, continuation up or resumption of the pullback.
We watch the charts from every angle so you don't have to!!
  • #37,824
  • Aug 12, 2024 9:31am Aug 12, 2024 9:31am
Quoting pedro319
2452 in focus, continuation up or resumption of the pullback.
Should I hold 2448 buy to 2460?
  • #37,825
  • Aug 12, 2024 9:35am Aug 12, 2024 9:35am
Super interesting video for a contrarian view:

Inserted Video


long and short…

1. interest rates are predicted to stay high (seems likely)
2. Indices will continue to rally
3. central banks will have less control
Que Sera
  • #37,826
  • Aug 12, 2024 9:35am Aug 12, 2024 9:35am
Quoting profits7
{quote} ____________ I still hav these Mfukkers = {image}
so do I, but I do not worry much about it as I get that the uptrend will happen.
  • #37,827
  • Aug 12, 2024 9:37am Aug 12, 2024 9:37am
Quoting steffile
{quote} so do I, but I do not worry much about it as I get that the uptrend will happen.
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Don’t focus on making $$$, focus on protecting what you have.
  • #37,828
  • Aug 12, 2024 9:38am Aug 12, 2024 9:38am
What a beauty
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Quoting MotleyT
{quote} {image} {image} the double bottom is for me also a sign of buyers strenght Edit: but beware, we may also get a trigger to the downside. Gold is still very risky!
Trade what you see, not what you hope.
  • #37,829
  • Aug 12, 2024 9:41am Aug 12, 2024 9:41am
Quoting spexx
{quote} Should I hold 2448 buy to 2460?
I would not.
I will wait for much lower to reload longs.
Take your profits. I could be wrong.
Will be looking for patterns in this area to make decisions.
We watch the charts from every angle so you don't have to!!
  • #37,830
  • Aug 12, 2024 9:42am Aug 12, 2024 9:42am
Quoting profits7
{quote} {image}
" I get that the uptrend will happen. " - - - still with these SLIMY stinkin mm , you Never Know till End of Aug. = IMHO
Don’t focus on making $$$, focus on protecting what you have.
  • #37,831
  • Aug 12, 2024 9:43am Aug 12, 2024 9:43am
Quoting pedro319
{quote} I would not. I will wait for much lower to reload longs. Take your profits. I could be wrong. Will be looking for patterns in this area to make decisions.
Cool thanks. I've taken 40pips prof. Do you have Discord or something I can talk to you on, currently on a funded count trying to past but in drawdown at the moment lol.
  • #37,832
  • Aug 12, 2024 9:52am Aug 12, 2024 9:52am
If 2456 remains we have good target at 2429.
We watch the charts from every angle so you don't have to!!
  • #37,833
  • Aug 12, 2024 9:55am Aug 12, 2024 9:55am
Quoting spexx
{quote} Cool thanks. I've taken 40pips prof. Do you have Discord or something I can talk to you on, currently on a funded count trying to past but in drawdown at the moment lol.
Ok.
Cut your losses. There will be good opportunities to join bull party from lower.
You need low risk entries for your strategy to avoid the 5% kick out.
Pm me if you really need to.
We watch the charts from every angle so you don't have to!!
  • #37,834
  • Aug 12, 2024 9:58am Aug 12, 2024 9:58am
Quoting goldenwizard
{quote} {image} let's go haha. my setup is valid as long as price doesn't go beyond 2460
Price will go beyond 2460 but first this next hourly should get us a print that retraces back to 2430 ish
TechKnow
  • #37,835
  • Aug 12, 2024 10:10am Aug 12, 2024 10:10am
If 2456 fails I will wait for 2466 and 2472 this also overbought H4.
We watch the charts from every angle so you don't have to!!
  • #37,836
  • Aug 12, 2024 10:12am Aug 12, 2024 10:12am
Quoting Techknow
{quote} Price will go beyond 2460 but first this next hourly should get us a print that retraces back to 2430 ish
Didnt print, until the next time
TechKnow
  • #37,837
  • Aug 12, 2024 10:19am Aug 12, 2024 10:19am
Quoting pedro319
If 2456 fails I will wait for 2466 and 2472 this also overbought H4.
Corrected!
2466.55 and 2471.70
We watch the charts from every angle so you don't have to!!
  • #37,838
  • Aug 12, 2024 10:21am Aug 12, 2024 10:21am
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Don’t focus on making $$$, focus on protecting what you have.
  • #37,839
  • Aug 12, 2024 10:25am Aug 12, 2024 10:25am
Quoting determinato
{quote} Waiting for 2458
En-route I hope to close off a good Monday’
Fate goes ever, as fate must.
  • #37,840
  • Aug 12, 2024 10:27am Aug 12, 2024 10:27am
Quoting Catempire
Super interesting video for a contrarian view: https://youtu.be/TZISgar_Ooc?si=r-a-kxJPtybI6WOT long and short… 1. interest rates are predicted to stay high (seems likely) 2. Indices will continue to rally 3. central banks will have less control
These assumptions have been mentioned for years - I just watch and monitor for the time being - not to say "games" aren't being played behind the scenes

Focus on 3 month bond rates for a guide on Int rates - the FED nearly always follow it in the months after

Bond markets moves first and if the move is significant enough, it forces the FED's hand

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Us 10 year Tres YIELD

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FED - FOLLOWS

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Notice the 40 year DOWN cycle from 1980 - That has ended, so the other side of the cycle is 40 years UP - which is why Int rates started to rise in 2020

Reverse the down cycle and you will have a pretty good indicator for the next 40 years, you have on the chart the period BEFORE the end of the cycle when rates go double digit, which allows you to predict
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