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  • #51,701
  • Nov 14, 2024 5:53am Nov 14, 2024 5:53am
Quoting BiteFX
{quote} Not yet man, it has to break the -0.618 Fibo at.2550.02. That is when I will start to buy..
Is this correct? So you are waiting for pullback?
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  • #51,702
  • Nov 14, 2024 5:53am Nov 14, 2024 5:53am
Quoting shay14
{quote} im actully hoping it flies a bit more so i can sell higher but i am definitely selling.
Definitely wait till around 257x for a good range to short. Of course PPI might also change that trajectory so be careful either way
  • #51,703
  • Nov 14, 2024 5:56am Nov 14, 2024 5:56am
Quoting Azen
{quote} Is this correct? So you are waiting for pullback? {image}
Exactly... It is that simple.
Learn... Work Hard... Trade Alone
  • #51,704
  • Nov 14, 2024 5:56am Nov 14, 2024 5:56am
Quoting Haks
Dollar is taking a breather so there might be hope for longs after all.
let’s see
  • #51,705
  • Nov 14, 2024 5:56am Nov 14, 2024 5:56am
Quoting Haks
{quote} Definitely wait till around 257x for a good range to short. Of course PPI might also change that trajectory so be careful either way
yeah definitely would be better
  • #51,706
  • Nov 14, 2024 5:57am Nov 14, 2024 5:57am
Quoting BiteFX
{quote} Exactly... It is that simple.
If there is no pullback, you wait again or you go to M1 and find entries there?
  • #51,707
  • Nov 14, 2024 6:00am Nov 14, 2024 6:00am
Quoting Azen
{quote} If there is no pullback, you wait again or you go to M1 and find entries there?
I will wait for a pull back or another set up that follows the market structure...Continuation or Break of Structure.
Learn... Work Hard... Trade Alone
  • #51,708
  • Nov 14, 2024 6:01am Nov 14, 2024 6:01am
Quoting BiteFX
{quote} I will wait for a pull back or another set up that follows the market structure...Continuation or Break of Structure.
great
  • #51,709
  • Nov 14, 2024 6:14am Nov 14, 2024 6:14am
Quoting Haks
{quote} Definitely wait till around 257x for a good range to short. Of course PPI might also change that trajectory so be careful either way
Core PPI y/y may come strong
  • #51,710
  • Nov 14, 2024 6:17am Nov 14, 2024 6:17am
Quoting Azen
{quote} great
Final confirmation... RSI overbought condition. Buyers are yet to do that.
I wait still.
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Learn... Work Hard... Trade Alone
  • #51,711
  • Nov 14, 2024 6:18am Nov 14, 2024 6:18am
Quoting BiteFX
{quote} Final confirmation... RSI overbought condition. Buyers are yet to do that. I wait still. {image}
I see. That's a good system.
  • #51,712
  • Nov 14, 2024 6:22am Nov 14, 2024 6:22am
Quoting Fardeen1209
Not my chart, but that of someone i know. {image} Will the 2nd TL hold. Bloomberg inf swap showing 2.62%, if price come in close, the fall might be limited (2586),then i see 2680 to be revisited.
Hello friend, how is PPI today, is there any information from Bloomberg?
  • #51,713
  • Nov 14, 2024 6:26am Nov 14, 2024 6:26am
Quoting ya30ien
{quote} If you analyze the market, you will actually realize that the news discussion is just a game that most of the time happens in the direction of the public's expectations - but sometimes a session gets tired of a trend and wants to turn the market faster, so it tries to reach the bottom of the trend faster. until the market reverses Fundamental in the technical direction
Thank you for the explanation!
  • #51,714
  • Nov 14, 2024 6:30am Nov 14, 2024 6:30am
Core PPI coming in an hour. Everyone aware of the old adage - "Buy the rumours, sell the news!"?

Keep it frosty, people.
  • #51,715
  • Nov 14, 2024 6:34am Nov 14, 2024 6:34am
Quoting suluah
{quote} {image} i hope on the way 2558
i missed this one.the bus has already left...price pierce through my hidden demand zone at 2545-2542 and look at the price now.will try to enter long if price make a candle body close above 2557 and re-test the demand zone 2548-2544 on M15
  • #51,716
  • Nov 14, 2024 6:38am Nov 14, 2024 6:38am
Quoting Gintak88
{quote} i missed this one.the bus has already left...price pierce through my hidden demand zone at 2545-2542 and look at the price now.will try to enter long if price make a candle body close above 2557 and re-test the demand zone 2548-2544 on M15
Entering long and trying to potentially find the bottom in a sustained downtrend is like trying to catch a fiery red burning knife with hands covered in gasoline. you really need to have very short SL's & quick SL to BE's.
  • #51,717
  • Nov 14, 2024 6:39am Nov 14, 2024 6:39am
Quoting PatienceFx
{quote}
I don't get the humour, but you do you, bub
  • #51,718
  • Nov 14, 2024 6:39am Nov 14, 2024 6:39am
Quoting daemondeluxe
{quote} Entering long and trying to potentially find the bottom in a sustained downtrend is like trying to catch a fiery red burning knife with hands covered in gasoline. you really need to have very short SL's & quick SL to BE's.
Correct
  • #51,719
  • Nov 14, 2024 6:41am Nov 14, 2024 6:41am
Quoting daemondeluxe
{quote} Entering long and trying to potentially find the bottom in a sustained downtrend is like trying to catch a fiery red burning knife with hands covered in gasoline. you really need to have very short SL's & quick SL to BE's.
just trying to scalp ...let see how it is.anywau,thanks for the head up.still learning here..peace.
  • #51,720
  • Nov 14, 2024 6:44am Nov 14, 2024 6:44am
Hey everyone, I think that gold will go down when the news comes, what do you guys say?
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