Disliked{quote} No confirmation More bias downside 317x Swing low target 3147 3130 pending only scalp till confirmation breaks limit test 3211Ignored
No more engagement as from today.
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Disliked{quote} No confirmation More bias downside 317x Swing low target 3147 3130 pending only scalp till confirmation breaks limit test 3211Ignored
Dislikedpissed TKY took me out at BE then went to hit Full TP on my SELLAnyways, womp womp, let's get some more bread today. what we looking at boys ?
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Disliked{quote} You are also correct, but not every market participants trade gold to make money. Some (majority of institution) buy gold to balance their portfolio and to mitigate their risk exposure. In COT report, as we can see the "commercial-Hedgers" section, hold massive short positions during this rally. This explain neither profits nor losses they seeks, because from an investor perspective, Gold yield nothing other that safe haven traits. Returns occurs in Stocks, Indexes and Bonds, and no Gold. IF no yield, then why buy it?? You see their aim...Ignored
Disliked{quote} It didn’t work out this time—or maybe it failed. I almost got stopped out just now. The price always gets dumped at a certain point. So I’ve changed the TP back to 2 R. It looks unlikely to be reached today, even though the USD is weakening. {image}Ignored
Disliked{quote} COT is delayed data; we can’t see its fluctuations in real time, so it’s less reliable. Gold can be used for hedging, perhaps, but I think its function is merely as a savings vehicle. Returns from stocks and indices depend on your timing of purchase and the market boom periods, so I don’t consider them reliable. Bonds, on the other hand, are acceptable. This is just a casual discussion. {quote} I plan to add another one‑unit long position above the EMA if the EMA turns convex. The lower boundary is clearly the support we’ve observed...Ignored
DislikedGuys zoom out or go to the higher time frames. You see what we mean by price the market is bearish.Ignored
Disliked{quote} No confirmation More bias downside 317x Swing low target 3147 3130 pending only scalp till confirmation breaks limit test 3211Ignored
Disliked{quote} COT is delayed data; we can’t see its fluctuations in real time, so it’s less reliable. Gold can be used for hedging, perhaps, but I think its function is merely as a savings vehicle. Returns from stocks and indices depend on your timing of purchase and the market boom periods, so I don’t consider them reliable. Bonds, on the other hand, are acceptable. This is just a casual discussion. {quote} I plan to add another one‑unit long position above the EMA if the EMA turns convex. The lower boundary is clearly the support we’ve observed...Ignored