Gold

Hello Traders,
Happy New Year!
I want to share my golden ideas here. Wish you all the best.

meaning that price came in and had taken my entry point from the buy limit

Morning Guys, I am still in my trade from yesterday/day before. Most profits taken, just a little left to run along for final TP. Again, still got high hopes for BULLISH movements, weekly looks great since it is Friday, still seeing BULLISH sentiment in PA. Waking up earlier to see for LDN session is good today since it is Friday + A lot of news to come.

My idea for today : LDN push higher to make some type of DOL, NY to come in drop news and take the DOL created hopefully by LDN. Then finally move up toward 2690+

What you guys thinking about today ?

Those people who think they are being targeted has big egos, they think they are the center of everything and everything is about them. Buddha must be very disappointed with them.

I'm not in a position to argue with this point made.

Yet, I just wonder: how do you know this will happen?

There is nothing but God, where will we go?

Hmmm.

2685 here we goo.

Hello everyone!
I’m planning a buy setup.
Entry: 2672.99
Stop: 2671.55
The trade offers a 1:3 risk-reward ratio

I’d love to hear your thoughts or if anyone has a similar plan.
Happy trading!

You can prove it yourself. Meditate, a glimpse is all you need.

Been there. Done that. Got the T-shirt.

Old CHOCH level
Current divergence
S$ probably
Will be stronger below 2670

It's a personal discovery, you can't realize it through group sessions with free enlightenment mugs.

The Non-Farm Payrolls (NFP) data for January 2025, which is due to be released today, is being closely watched by financial markets. Here are the general predictions based on the current economic trends:

1. Job Growth:
   1. The general expectation is for moderate job gains. Analysts predict around 150,000 to 200,000 jobs to be added in December 2024, which would be a continuation of the softer job growth trend seen in the latter half of 2024. This is down from the robust job growth seen earlier in the recovery phase post-pandemic.
   2. Some economists expect the number to be on the lower end of this range due to a cooling labor market and potential seasonal adjustments.

2. Unemployment Rate:
   1. The unemployment rate is likely to remain stable around 3.5% to 3.7%. This is historically low and suggests a tight labor market with a high number of people employed relative to the population actively looking for work.
   2. It’s possible that the rate could dip slightly if more people enter the workforce or if the number of job seekers falls due to seasonal or other factors.

3. Average Hourly Earnings (Wages):
   1. Wage growth is expected to remain steady. Analysts forecast an increase of around 0.3% month-over-month and an annual increase of around 4.0% to 4.5%.
   2. Wage inflation has been a key factor in the inflationary pressure over the past year, so this will be a closely watched figure, especially with the Federal Reserve’s focus on price stability.

4. Labor Force Participation Rate:
   1. The labor force participation rate has been increasing slowly, and it is likely to stay around 62.5% to 63%. A significant increase would signal that more people are actively seeking work, while a decrease could suggest stagnation or barriers to re-entering the workforce.

What Does This Mean for the Markets?

1. Stronger-than-expected job growth or a higher-than-expected wage increase could trigger concerns about inflation, potentially leading to the Federal Reserve maintaining higher interest rates for longer, which would have an impact on stock markets and bond yields.
2. Weaker-than-expected job growth or a lower-than-expected unemployment rate might indicate an economic slowdown, which could cause speculation about a potential rate cut or a more dovish approach by the Federal Reserve.

Buy or sell?

I wouldnt bet against the bullish orders flow as for now.

Nfp? Buy on every retracement

TP1 7$
TP2 10$
TP3 13$
TP4 16$
TP5 19$
=65$ (0.01 lot)

Attached Image (click to enlarge)

Really?

Could someone please share if they stay on the buy side during or after the NFP release?

Kindly provide direct insights, as this will help demonstrate best practices and build confidence.